Innovative Industrial Properties, Inc. Financial Ratios — IIPR

Profitability (USD)

	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	09/30/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	-14.53	-0.66	3.64	5.64	6.3	7.25	8.63	8.45	8.3	6.16
Return on Assets (%)	- -	- -	-13.79	-0.1	3.86	4.57	5.23	5.92	6.86	6.89	6.78	4.98
Return on Capital (%)	- -	- -	- -	- -	4.14	6.12	6.16	7.24	8.16	8.04	7.93	6.12
Return on Invested Capital (%)	- -	- -	- -	- -	3.16	5.26	5.95	7.52	8.07	7.73	7.5	5.55
Gross Margin (%)	- -	- -	72.9	98.16	96.99	97.06	95.76	97.83	96.19	91.96	90.77	88.65
EBITDA Margin (%)	- -	- -	-1,359.81	10.78	53.88	75.08	83.63	86.6	83.56	78.12	77.52	74.52
Operating Margin (%)	- -	- -	-213.4	-1.71	36.1	55.82	59.66	66.18	60.07	56.41	55.68	48.12
Incremental Operating Margin (%)	- -	- -	- -	9.43	65.11	65.59	62.03	74.88	42.68	25.86	282.41	102.95
Pretax Margin (%)	- -	- -	-1,368.22	-1.12	47.24	52.56	56.23	55.73	55.86	53.5	52.4	44.46
Profit Margin (%)	- -	- -	-1,368.22	-1.12	47.24	52.56	56.23	55.73	55.86	53.5	52.4	44.46
Net Income to Common Margin (%)	- -	- -	-1,368.22	-6.15	38.09	49.53	55.07	55.07	55.38	53.06	51.81	43.03
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	-184.05	117.65	102.08	117.22	116.26	120.2	123.43	132.45	188.49
Sustainable Growth Rate (%)	- -	- -	-14.53	-1.87	-0.64	-0.12	-1.08	-1.18	-1.74	-1.98	-2.69	-5.46

Credit (USD)

Credit Ratios API ChatGPT

	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	09/30/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	- -	136	137	326	301	301	298	393
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	103
LT Debt	- -	- -	- -	- -	- -	136	137	326	301	301	298	291
Total Debt/EBITDA	- -	- -	- -	- -	- -	4.05	1.4	1.84	1.31	1.24	1.25	1.98
Net Debt/EBITDA	- -	- -	7.56	-16.99	-1.64	1.56	0.11	1.38	0.93	0.66	0.63	1.74
Total Debt/EBIT	- -	- -	- -	- -	- -	5.45	1.96	2.41	1.78	1.72	1.77	3.17
Net Debt/EBIT	- -	- -	7.51	52.73	-2.44	2.1	0.15	1.81	1.26	0.92	0.9	2.78
EBITDA to Interest Expense	- -	- -	- -	- -	- -	6.07	15.08	10.81	13.62	15.02	14.71	10.58
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	6.07	15.08	10.81	13.62	15.02	14.71	10.58
EBIT to Interest Expense	- -	- -	- -	- -	- -	4.51	10.76	8.26	9.79	10.85	10.57	6.83
Interest Expense	- -	- -	- -	- -	- -	6	6	16	17	16	16	19
Common Equity/Total Assets	- -	0.14	95.44	74.4	88.92	71.6	85.46	76.64	80.66	81.09	80.42	75.93
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	24.79	8.96	20.23	15.37	15.41	15.39	15.73
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	19.87	8.23	16.83	13.32	13.35	13.33	12.97
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	18.21	7.73	15.64	12.49	12.58	12.53	12.26
Total Debt/Equity (%)	- -	- -	- -	- -	- -	24.79	8.96	20.23	15.37	15.41	15.39	21.27
Total Debt/Capital (%)	- -	- -	- -	- -	- -	19.87	8.23	16.83	13.32	13.35	13.33	17.54
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	18.21	7.73	15.64	12.49	12.58	12.53	16.58
Net Debt to Equity	- -	-100	-54.61	-15.99	-4.94	9.56	0.7	15.2	10.93	8.22	7.83	18.7
Net Debt/Capital (%)	- -	- -	-120.29	-19.03	-5.19	8.71	0.7	13.2	9.85	7.6	7.26	15.75
EBITDA	- -	- -	-4	1	8	34	98	177	231	242	239	198
EBITDA-CapEx	- -	- -	-34	1	8	34	98	177	231	242	239	198
Operating Income (Loss)	- -	- -	-1	- -	5	25	70	135	166	175	172	128

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	09/30/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	12.64	1.83	7.77	1.33	1.2	0.56	0.58	1.06	1.1	0.21
Current Ratio	- -	1	12.74	1.83	0.76	1.89	1.2	0.68	0.71	1.24	1.27	0.75
Quick Ratio	- -	- -	12.64	1.83	7.77	1.33	1.2	0.65	0.7	1.23	1.27	0.75
CFO/Avg Current Liab	- -	- -	1.13	1.11	1.33	1.14	1.32	1.5	1.59	1.81	1.95	1.12
Common Equity/Total Assets	- -	0.14	95.44	74.4	88.92	71.6	85.46	76.64	80.66	81.09	80.42	75.93
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	24.79	8.96	20.23	15.37	15.41	15.39	15.73
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	19.87	8.23	16.83	13.32	13.35	13.33	12.97
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	18.21	7.73	15.64	12.49	12.58	12.53	12.26
Total Debt/Equity (%)	- -	- -	- -	- -	- -	24.79	8.96	20.23	15.37	15.41	15.39	21.27
Total Debt/Capital (%)	- -	- -	- -	- -	- -	19.87	8.23	16.83	13.32	13.35	13.33	17.54
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	18.21	7.73	15.64	12.49	12.58	12.53	16.58
CFO/Total Liabilities	- -	- -	58.62	77.4	91.38	22.71	45.58	39.91	51.69	58.33	58.47	37.91
CFO/CapEx	- -	- -	0.06	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	13.36	10.55	15.55	3.13	10.99	8.78	4.01	4.18	2.83	1.6

Working Capital (USD)

Working Capital Ratios API ChatGPT

No data availableFinancial data will appear here once available

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	09/30/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	62	113	444	959	4,384	6,734	2,835	2,837	1,888	1,327
- Cash & Cash Equivalents	- -	- -	33	12	13	82	126	81	87	140	146	48
+ Preferred Equity and Hybrid Capital	- -	- -	- -	14	14	14	14	14	14	14	24	48
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	136	137	326	301	301	298	393
Enterprise Value	- -	- -	29	115	324	1,026	4,408	6,993	3,063	3,012	2,063	1,720
Total Capital	- -	- -	60	74	264	684	1,662	1,938	2,263	2,254	2,234	2,241
Total Debt/Capital (%)	- -	- -	- -	- -	- -	19.87	8.23	16.83	13.32	13.35	13.33	17.54
Total Debt / EV	- -	- -	- -	- -	- -	0.13	0.03	0.05	0.1	0.1	0.14	0.23
EV/Sales	- -	- -	90.79	17.97	21.93	22.98	37.71	34.19	11.08	9.73	6.69	6.47
EV/EBITDA	- -	- -	- -	166.72	40.7	30.61	45.09	39.47	13.27	12.46	8.63	8.68
EV/EBIT	- -	- -	- -	- -	60.74	41.16	63.21	51.66	18.06	17.25	12.26	13.86
EV/Cash Flow to Firm	- -	- -	- -	- -	20.66	20.34	37.58	34.09	12.2	11.09	7.51	7.93
EV/Free Cash Flow to Firm	- -	- -	- -	- -	20.66	20.34	37.58	34.09	12.2	11.09	7.51	7.93
Diluted Market Cap	- -	- -	18	109	331	811	3,582	6,904	2,804	2,849	1,901	1,344
Diluted Enterprise Value	- -	- -	-15	111	211	878	3,606	7,163	3,032	3,023	2,077	1,737
EV per Share	- -	- -	8.53	32.95	33.17	81.22	184.16	273.02	109.51	107.03	72.83	61.39
TTM Sales	- -	- -	- -	6	15	45	117	205	276	310	309	266
TTM EBITDA	- -	- -	-4	1	8	34	98	177	231	242	239	198
TTM Operating Income	- -	- -	-1	- -	5	25	70	135	166	175	172	128
TTM Cash Flow to Firm	- -	- -	- -	- -	16	50	117	205	251	272	275	217
TTM Free Cash Flow to Firm	- -	- -	- -	- -	16	50	117	205	251	272	275	217

Multiples (USD)

Valuation Multiples API ChatGPT

	2015 Y	2016 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	09/30/2016	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	-0.62	21.75	21.07	18.04	32.32	36.58	11.97	11.15	7.36	6.78
EV/EBIT	- -	- -	- -	- -	60.74	41.16	63.21	51.66	18.06	17.25	12.26	13.86
Enterprise Value	- -	- -	29	115	324	1,026	4,408	6,993	3,063	3,012	2,063	1,720
Low Price	- -	- -	14.5	15.45	23.63	44.4	40.21	160.91	87.47	63.36	64.8	44.58
EV/Sales	- -	- -	90.79	17.97	21.93	22.98	37.71	34.19	11.08	9.73	6.69	6.47
EV/EBITDA	- -	- -	- -	166.72	40.7	30.61	45.09	39.47	13.27	12.46	8.63	8.68
Price/Earnings	- -	- -	- -	- -	57.52	36.17	55.31	55.79	18.11	17.17	11.77	11.59
Price/Earnings Average	- -	- -	- -	- -	46.35	40.88	32.35	45.56	24.14	13.66	19.21	14.04
Price/Earnings High	- -	- -	- -	- -	70.5	66.51	60.21	61.12	47.4	19.68	24.43	18.53
Price/Earnings Low	- -	- -	- -	- -	29.95	21.17	12.14	34.15	15.63	10.79	11.44	10.91
Price/Book Value	- -	- -	1.03	1.9	1.77	1.8	2.9	4.21	1.46	1.46	0.99	0.74
Price/Book Value Average	- -	- -	0.99	1.07	1.43	2.03	1.7	3.44	1.94	1.16	1.61	0.89
Price/Book Value High	- -	- -	1.16	1.91	2.17	3.3	3.16	4.62	3.81	1.68	2.05	1.18
Price/Book Value Low	- -	- -	0.82	0.91	0.92	1.05	0.64	2.58	1.26	0.92	0.96	0.69
Price/Tangible Book Value	- -	- -	1.03	1.9	1.77	1.8	2.9	4.24	1.46	1.47	0.99	0.74
Price/Tangible Book Value Average	- -	- -	0.99	1.07	1.43	2.03	1.7	3.46	1.95	1.17	1.62	0.9
Price/Tangible Book Value High	- -	- -	1.16	1.91	2.17	3.3	3.16	4.64	3.83	1.68	2.06	1.18
Price/Tangible Book Value Low	- -	- -	0.82	0.91	0.92	1.05	0.64	2.59	1.26	0.92	0.96	0.7
Price/Sales	- -	- -	54.56	16.99	21.91	17.91	30.46	30.72	10.03	9.11	6.1	4.99
Price/Sales Average	- -	- -	52.34	9.58	17.66	20.25	17.82	25.09	13.37	7.25	9.96	6.04
Price/Sales High	- -	- -	61.55	17.1	26.86	32.94	33.16	33.66	26.25	10.45	12.66	7.97
Price/Sales Low	- -	- -	43.49	8.12	11.41	10.48	6.69	18.8	8.65	5.73	5.93	4.69
Price/Cash Flow	- -	- -	10.34	21.75	20.65	17.81	32.13	33.3	11.84	11.04	7.28	6.69
Price/Cash Flow Average	- -	- -	9.92	12.26	16.64	20.13	18.79	27.19	15.78	8.78	11.88	8.11
Price/Cash Flow High	- -	- -	11.67	21.89	25.31	32.75	34.98	36.47	30.98	12.65	15.11	10.7
Price/Cash Flow Low	- -	- -	8.25	10.4	10.75	10.42	7.06	20.38	10.22	6.94	7.08	6.3
Price/Free Cash Flow Average	- -	- -	-0.59	12.26	16.98	20.39	18.9	29.87	15.96	8.86	12.01	8.22
Price/Free Cash Flow High	- -	- -	-0.7	21.89	25.83	33.18	35.18	40.07	31.34	12.78	15.27	10.84
Price/Free Cash Flow Low	- -	- -	-0.49	10.4	10.97	10.56	7.1	22.39	10.33	7.01	7.15	6.38
EV/Sales Average	- -	- -	82.91	10.29	16.1	25.78	22.14	28.15	14.5	7.85	10.56	7.52
EV/Sales High	- -	- -	115.59	18.08	28.7	40.99	41.03	37.33	27.68	11.07	13.27	9.46
EV/Sales Low	- -	- -	51.52	8.78	7.54	14.08	8.45	21.41	9.68	6.32	6.52	6.18
EV/EBITDA Average	- -	- -	- -	95.42	29.88	34.33	26.48	32.5	17.36	10.05	13.62	10.1
EV/EBITDA High	- -	- -	- -	167.78	53.26	54.6	49.06	43.1	33.12	14.17	17.12	12.69
EV/EBITDA Low	- -	- -	- -	81.42	14	18.75	10.1	24.73	11.58	8.1	8.41	8.29
EV/EBIT Average	- -	- -	- -	- -	44.59	46.17	37.12	42.54	23.63	13.92	19.35	16.12
EV/EBIT High	- -	- -	- -	- -	79.49	73.43	68.78	56.41	45.1	19.63	24.32	20.26
EV/EBIT Low	- -	- -	- -	- -	20.89	25.22	14.16	32.36	15.77	11.21	11.95	13.23
Last Price	- -	- -	18.19	32.31	45.39	75.87	183.13	262.91	101.35	100.82	66.64	47.36
High Price	- -	- -	20.52	32.52	55.63	139.53	199.35	288.02	265.28	115.55	138.35	75.71
Enterprise Value Average	- -	- -	27	66	238	1,151	2,589	5,758	4,008	2,431	3,258	2,001
Enterprise Value High	- -	- -	37	116	424	1,831	4,797	7,636	7,649	3,426	4,095	2,515
Enterprise Value Low	- -	- -	17	56	112	629	987	4,380	2,675	1,958	2,011	1,643

Shares Outstanding	2	10	3	4	10	13	24	26	28	28	28	28
Diluted Weighted Avg Shares	2	10	1	3	7	11	20	26	28	28	29	28
Basic Weighted Avg Shares	2	10	1	3	7	11	19	24	27	28	28	28
Revenue per Share	- -	- -	0.33	1.9	2.07	4.24	6.01	8.56	10.11	11.06	10.93	9.5
EBITDA per Share	- -	- -	-4.53	0.21	1.12	3.18	5.03	7.41	8.44	8.64	8.47	7.08
Operating Income per Share	- -	- -	-0.71	-0.03	0.75	2.36	3.59	5.66	6.07	6.24	6.09	4.57
Basic EPS, GAAP	- -	- -	-4.56	-0.12	0.79	2.1	3.31	4.71	5.6	5.87	5.66	4.09
Basic EPS from Cont Ops	- -	- -	-4.56	-0.02	0.98	2.23	3.38	4.77	5.65	5.92	5.73	4.22
Diluted EPS, GAAP	- -	- -	-4.56	-0.12	0.77	2.07	3.29	4.29	5.53	5.81	5.6	4.03
Diluted EPS from Cont Ops	- -	- -	-4.56	-0.02	0.96	2.2	3.36	4.34	5.58	5.86	5.67	4.17
Dividend per Share	- -	- -	- -	0.31	1.12	2.27	3.95	5.54	6.78	7.29	7.56	7.84
Cash Flow per Share	- -	- -	1.76	1.49	2.2	4.26	5.7	7.9	8.56	9.13	9.16	7.08
Free Cash Flow per Basic Share	- -	- -	-29.43	1.49	2.2	4.26	5.7	7.9	8.56	9.13	9.16	7.08
Cash & Equivalents per Share	- -	- -	9.66	3.36	13.66	6.51	5.26	3.17	3.11	4.98	5.16	1.7
Book Value per Share	- -	- -	17.69	17.01	25.6	42.26	63.12	62.38	69.63	68.9	67.5	64.24
Tangible Book Value per Share	- -	- -	17.69	17.01	25.6	42.26	63.12	62.02	69.31	68.61	67.24	64.01

Innovative Industrial Properties, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)