← INNOVATIVE INDUSTRIAL PROPERTIES INC IIPR
Market Price
$55.98
Market Cap
$1.65B
P/E Ratio
N/A
Revenue (FY 2025)
↓-13.8% YoY
$265.95M
3-Yr CAGR: -1.3%
Net Income
↓-26.9% YoY
$118.25M
Net Margin: 44.5%
Free Cash Flow
$195.19M
FCF Yield: 11.80%
EPS (Diluted)
N/A
Basic: N/A
Return on Equity
Efficiency
6.4%
ROA: 5.0%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (IIPR)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | — | — | — | — | — | — | — | $1.7M | — | — |
| FY 2017 | $6.3M | — | $5.4M | $-0.1M | — | — | — | $5.0M | $2.0M | — |
| FY 2018 | $14.8M | +134.6% | $13.4M | $7.0M | +9,801.4% | — | — | $15.7M | — | — |
| FY 2019 | $17.7M | +19.5% | $11.4M | $23.5M | +236.1% | — | — | $44.9M | — | — |
| FY 2020 | $37.1M | +109.9% | $29.7M | $65.7M | +180.0% | — | — | $110.8M | — | — |
| FY 2021 | $204.6M | +451.5% | $186.5M | $114.0M | +73.4% | — | — | $188.7M | — | — |
| FY 2022 | $276.4M | +35.1% | $258.1M | $154.4M | +35.4% | — | — | $234.1M | — | — |
| FY 2023 | $309.5M | +12.0% | $292.0M | $165.6M | +7.3% | — | — | $255.5M | — | — |
| FY 2024 | $308.5M | -0.3% | $290.8M | $161.7M | -2.4% | — | — | $258.4M | — | — |
| FY 2025 | $266.0M | -13.8% | $245.8M | $118.2M | -26.9% | — | — | $198.2M | — | — |
Valuation
Market Price
$55.98
Market Cap
$1.65B
Enterprise Value
$2.00B
P/E Ratio
N/A
P/B Ratio
0.87
FCF Yield
11.80%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
92.41%
Operating Margin
44.46%
Net Margin
44.46%
Return on Equity (ROE)
6.40%
Return on Assets (ROA)
4.99%
Asset Turnover
0.11x
Revenue 3-Yr CAGR
-1.27%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
0.213
Debt / Assets
0.166
Cash & Equivalents
$47.60M
Total Debt
$393.71M
Book Value / Share
$64.22
Cash Flow Efficiency
Operating Cash Flow
$198.19M
Capital Expenditures (CapEx)
$3.00M
Free Cash Flow
$195.19M
OCF / Revenue
74.52%
FCF / Revenue
73.39%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
N/A
EPS (Basic)
N/A
Dividends / Share
N/A
Book Value / Share
$64.22
EPS YoY Growth
N/A
Balance Sheet (FY 2025)
Total Assets
$2.37B
Total Liabilities
$522.85M
Stockholders' Equity
$1.85B
Current Assets
N/A
Current Liabilities
N/A