IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INCCompany Information
- Company Name
- INNOVATIVE INDUSTRIAL PROPERTIES INC
- CIK
- CIK0001677576
- Category
- Large accelerated filer
- Ticker: Exchange
- IIPR: NYSE, IIPR-PA: NYSE
- Fiscal Year End
- December 31
- Owner Organization
- 05 Real Estate & Construction
- SIC
- 6500
- SIC Description
- Real Estate
- Ticker
- IIPR
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-08-31
- Last sale
- 2026-09-15
- Shares purchased (TTM)
- 4,728
- Shares sold (TTM)
- 611
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 20,518,776
- Shares outstanding
- 28,443,143
- Ownership
- 72.14%
Earnings Market Reaction
- Filing date
- 2026-08-04
- Price on filing date
- —
- 1-month reaction
- -6.71%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Real Estate Investment Property At Cost | ||||||||||||||||||
| Land | 141 | 145 | 146 | 146 | 146 | 147 | 147 | 146 | 143 | 143 | 143 | 143 | ||||||
| Investment Building And Building Improvements | 2,190 | 2,269 | 2,270 | 2,252 | 2,249 | 2,244 | 2,231 | 2,210 | 2,161 | 2,120 | 2,108 | 2,101 | ||||||
| Construction In Progress Gross | 35 | 40 | 41 | 58 | 57 | 60 | 62 | 60 | 98 | 124 | 118 | 108 | ||||||
| Real Estate Investment Property At Cost | 2,366 | 2,455 | 2,457 | 2,456 | 2,453 | 2,452 | 2,440 | 2,416 | 2,402 | 2,386 | 2,369 | 2,351 | ||||||
| Real Estate Investment Property Accumulated Depreciation | -369 | -361 | -343 | -325 | -307 | -289 | -271 | -253 | -235 | -220 | -203 | -186 | ||||||
| Real Estate Investment Property Net | 1,996 | 2,094 | 2,113 | 2,131 | 2,147 | 2,163 | 2,169 | 2,163 | 2,167 | 2,166 | 2,166 | 2,165 | ||||||
| Other Investments | 276 | 154 | 153 | 105 | - | - | 0 | - | - | - | - | - | ||||||
| Cash And Cash Equivalents At Carrying Value | 205 | 89 | 48 | 37 | 100 | 128 | 146 | 147 | 121 | 154 | 140 | 117 | ||||||
| Short Term Investments | - | - | 0 | 5 | 5 | 5 | 5 | 25 | 40 | 20 | 22 | 42 | ||||||
| Operating Lease Right Of Use Asset | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Finite Lived Intangible Asset Acquired In Place Leases | - | - | - | - | - | - | - | - | - | 8 | 8 | 8 | ||||||
| Restricted Cash | 3 | - | 0 | - | - | - | 0 | - | - | - | 1 | 1 | ||||||
| Finite Lived Intangible Assets Net | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | - | 8 | - | ||||||
| Other Assets | 24 | 28 | 27 | 29 | 23 | 26 | 27 | 30 | 26 | 28 | 30 | 33 | ||||||
| Assets | 2,582 | 2,394 | 2,371 | 2,338 | 2,305 | 2,353 | 2,378 | 2,395 | 2,384 | 2,400 | 2,391 | 2,389 | ||||||
Liabilities | ||||||||||||||||||
| Convertible Debt | - | - | - | - | - | - | - | - | - | - | 4 | 4 | ||||||
| Unsecured Debt | 0 | 291 | 291 | 290 | 290 | 289 | 298 | 298 | 297 | 297 | 296 | 296 | ||||||
| Senior Notes | 391 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Secured Debt | 125 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Line Of Credit | 93 | 75 | 103 | 50 | - | - | 0 | - | - | - | - | - | ||||||
| Accounts Payable And Accrued Liabilities Current And Noncurrent | 8 | 15 | 11 | 15 | 10 | 12 | 11 | 15 | 9 | 12 | 11 | 14 | ||||||
| Dividends Payable Current And Noncurrent | 56 | 57 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 52 | 52 | 51 | ||||||
| Other Liabilities | 11 | 11 | 11 | 9 | 13 | 11 | 11 | 11 | 10 | 12 | 5 | 4 | ||||||
| Liabilities | 730 | 499 | 523 | 475 | 425 | 430 | 442 | 449 | 437 | 444 | 438 | 441 | ||||||
Stockholders Equity | ||||||||||||||||||
| Preferred Stock Value | 129 | 108 | 48 | 43 | 37 | 33 | 24 | 24 | 14 | 14 | 14 | 14 | ||||||
| Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Additional Paid In Capital Common Stock | 2,072 | 2,124 | 2,113 | 2,110 | 2,108 | 2,125 | 2,124 | 2,120 | 2,115 | 2,111 | 2,096 | 2,081 | ||||||
| Accumulated Distributions In Excess Of Net Income | -350 | -337 | -313 | -290 | -264 | -236 | -212 | -197 | -182 | -170 | -157 | -147 | ||||||
| Stockholders Equity | 1,852 | 1,895 | 1,848 | 1,863 | 1,880 | 1,922 | 1,936 | 1,947 | 1,947 | 1,955 | 1,953 | 1,949 | ||||||
| Liabilities And Stockholders Equity | 2,582 | 2,394 | 2,371 | 2,338 | 2,305 | 2,353 | 2,378 | 2,395 | 2,384 | 2,400 | 2,391 | 2,389 | ||||||
| Series A Preferred Stock | - | - | - | 0 | 0 | 0 | 1 | 1 | -1 | 1 | 1 | -13 | ||||||
| Preferred Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Preferred Stock Shares Authorized | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | ||||||
| Preferred Stock Dividend Rate Percentage | 0 | 0 | 0 | - | - | 0 | 0 | - | 0 | 0 | 0 | - | ||||||
| Preferred Stock Liquidation Preference | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | ||||||
| Preferred Stock Shares Issued | 6 | 5 | 2 | - | - | - | 1 | - | - | - | - | - | ||||||
| Preferred Stock Shares Outstanding | 6 | 5 | 2 | - | - | - | 1 | - | - | - | - | - | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | ||||||
| Common Stock Shares Issued | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | ||||||
| Shares Outstanding | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
Unlock 17+ years of income statements, balance sheets, and cash flow statements
Start 7-day free trialINNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) — SEC Financial Statements & Analysis
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) is a real estate company. INNOVATIVE INDUSTRIAL PROPERTIES INC trades on NYSE as: IIPR, IIPR-PA. INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-04. Based on that filing, INNOVATIVE INDUSTRIAL PROPERTIES INC carries a market cap of $1.70B, a P/E ratio of 12.37x, a P/B ratio of 0.92x, a P/S ratio of 6.45x, an enterprise value of $1.88B, and an EV/EBITDA multiple of 8.97x. On profitability, it posts a gross margin of 105.61%, an operating margin of 51.44%, a net margin of 52.18%, a Return on Equity (ROE) of 7.37%, and a Return on Invested Capital (ROIC) of 7.09%. Per share, it reports EPS of $4.84, diluted EPS of $4.59, free cash flow per share of $6.91, and a dividend per share of $7.59. Over the trailing year, it posted revenue growth of -8.42% year-over-year, net income growth of 1.45% year-over-year, and EPS growth of -0.40% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 5.21x, free cash flow of $196.45M (TTM), and net debt of $183.53M. Figures sourced from SEC EDGAR.
- Market Cap
- $1.70B
- P/E TTM
- 12.37x
- EPS TTM
- $4.84
- P/B TTM
- 0.92x
- ROE TTM
- 7.37%
- Free Cash Flow TTM
- $196.45M
- Net Revenue TTM Growth 1Y
- -8.42%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is INNOVATIVE INDUSTRIAL PROPERTIES INC in?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) operates in the Real Estate industry.
What exchange does IIPR trade on?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) trades on the NYSE.
When was INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s most recent SEC filing?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-04.
What is IIPR's market cap?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) has a market capitalization of $1.70B as of 2026-06-30.
What is IIPR's P/E ratio?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s trailing twelve month P/E ratio is 12.37x as of 2026-06-30.
What is IIPR's EPS (earnings per share)?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s trailing twelve month EPS is $4.84 as of 2026-06-30.
What is IIPR's ROE (return on equity)?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s trailing twelve month Return on Equity (ROE) is 7.37% as of 2026-06-30.
What is IIPR's ROIC (return on invested capital)?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s trailing twelve month Return on Invested Capital (ROIC) is 7.09% as of 2026-06-30.
What is IIPR's EV/EBITDA?
INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)'s trailing twelve month EV/EBITDA is 8.97x as of 2026-06-30.