Industrial Logistics Properties Trust Financial Ratios — ILPT

Profitability (USD)

	2015 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	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 (%)	- -	6.56	8.54	9.35	5.19	8.21	11.73	-24.8	-14.79	-15.53	-12.59
Return on Assets (%)	- -	6.07	5.65	5.05	2.63	3.76	6.26	-5.98	-1.92	-1.74	-1.25
Return on Capital (%)	- -	6.32	5.93	6.26	5.25	6.24	8.25	- -	- -	- -	- -
Return on Invested Capital (%)	- -	6.32	6.01	6.25	5.18	5.03	5.6	- -	- -	- -	- -
Gross Margin (%)	88.97	88.78	88.58	88.1	86.75	86.18	86.29	86.96	86.27	85.86	86.26
EBITDA Margin (%)	76.51	75.16	70.15	72.4	70.56	69.5	69.52	68.95	69.6	69.19	68.46
Operating Margin (%)	60.22	58.21	53.42	55.56	44.54	42.64	47.18	29.06	29.54	31.37	32.96
Incremental Operating Margin (%)	- -	3.17	-176.1	111.06	17.7	25.39	13.84	5.39	33.32	192.01	140.27
Pretax Margin (%)	48.47	56.71	51.21	45.79	22.69	31.8	35.95	-75.71	-34.42	-32.18	-27.28
Profit Margin (%)	48.44	56.68	51.18	45.77	22.9	32.24	54.43	-58.41	-24.69	-21.63	-14.75
Net Income to Common Margin (%)	48.44	56.68	51.18	45.77	22.9	32.24	54.43	-58.41	-24.69	-21.63	-14.75
Effective Tax Rate (%)	0.06	0.05	0.05	0.04	0.33	0.34	0.35	- -	- -	- -	- -
Dvd Payout Ratio (%)	203.16	177.33	192.11	93.66	163.7	107.16	72.05	-12.82	-1.37	-1.48	-5.74
Sustainable Growth Rate (%)	- -	-5.08	-7.87	0.59	-3.3	-0.59	3.28	-27.97	-14.99	-15.76	-13.31

Credit (USD)

Credit Ratios API ChatGPT

	2015 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	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	89	87	820	481	1,424	881	841	4,267	4,324	4,315	4,205
ST Debt	- -	- -	750	413	310	221	182	- -	- -	- -	- -
LT Debt	89	87	70	68	1,114	660	659	4,267	4,324	4,315	4,205
Total Debt/EBITDA	0.79	0.75	7.47	4.08	8.8	4.98	5.5	15.94	14.21	14.1	13.68
Net Debt/EBITDA	0.57	0.56	7.28	3.85	8.52	4.77	5.23	15.68	13.78	13.62	13.34
Total Debt/EBIT	1	0.97	9.81	5.32	13.95	8.12	8.1	37.82	33.47	31.1	28.43
Net Debt/EBIT	0.73	0.72	9.56	5.01	13.5	7.77	7.7	37.2	32.46	30.04	27.71
EBITDA to Interest Expense	54.09	50.94	45.01	7.32	3.18	3.43	4.29	0.96	1.05	1.05	1.16
EBITDA-CapEx/Interest Expense	54.09	50.94	45.01	7.32	3.18	3.43	4.29	0.96	1.05	1.05	1.16
EBIT to Interest Expense	42.58	39.45	34.28	5.62	2.01	2.1	2.91	0.4	0.45	0.47	0.56
Interest Expense	2	2	2	16	51	52	36	280	289	293	265
Common Equity/Total Assets	92.44	92.33	39.83	67.01	40.56	52.37	54.39	13.93	12.04	10.4	9.44
Long-Term Debt/Equity (%)	6.68	6.61	12.42	6.57	111.89	65.81	63.44	320.64	372.23	427.56	466.85
Long-Term Debt/Capital (%)	6.26	6.2	5.05	4.47	46.04	35.04	35.06	76.23	78.82	81.04	82.36
Long-Term Debt/Total Assets (%)	6.18	6.1	4.95	4.4	45.38	34.46	34.51	75.17	77.73	79.82	81.02
Total Debt/Equity (%)	6.68	6.61	145.82	46.73	143.03	87.84	80.98	320.64	372.23	427.56	466.85
Total Debt/Capital (%)	6.26	6.2	59.32	31.85	58.85	46.76	44.74	76.23	78.82	81.04	82.36
Total Debt/Total Assets (%)	6.18	6.1	58.07	31.31	58.01	46	44.04	75.17	77.73	79.82	81.02
Net Debt to Equity	4.84	4.89	142.19	44.01	138.42	84.11	76.95	315.32	360.96	413.03	455.02
Net Debt/Capital (%)	4.54	4.59	57.84	30.19	57.63	45.32	43.19	75.61	78.04	80.28	81.79
EBITDA	113	115	110	118	162	177	153	268	304	306	307
EBITDA-CapEx	113	115	110	118	162	177	153	268	304	306	307
Operating Income (Loss)	89	89	84	90	102	109	104	113	129	139	148

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2015 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	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	- -	- -	- -	0.02	0.08	0.09	0.14	0.62	1.45	1.62	1.12
Current Ratio	2.9	2.81	0.07	0.16	0.29	0.39	0.5	3.16	4.71	4.56	3.79
Quick Ratio	2.9	2.81	0.07	0.16	0.27	0.39	0.5	1.98	2.99	3.2	2.74
CFO/Avg Current Liab	- -	7.04	0.26	0.16	0.3	0.39	0.48	0.57	0.08	0.02	0.73
Common Equity/Total Assets	92.44	92.33	39.83	67.01	40.56	52.37	54.39	13.93	12.04	10.4	9.44
Long-Term Debt/Equity (%)	6.68	6.61	12.42	6.57	111.89	65.81	63.44	320.64	372.23	427.56	466.85
Long-Term Debt/Capital (%)	6.26	6.2	5.05	4.47	46.04	35.04	35.06	76.23	78.82	81.04	82.36
Long-Term Debt/Total Assets (%)	6.18	6.1	4.95	4.4	45.38	34.46	34.51	75.17	77.73	79.82	81.02
Total Debt/Equity (%)	6.68	6.61	145.82	46.73	143.03	87.84	80.98	320.64	372.23	427.56	466.85
Total Debt/Capital (%)	6.26	6.2	59.32	31.85	58.85	46.76	44.74	76.23	78.82	81.04	82.36
Total Debt/Total Assets (%)	6.18	6.1	58.07	31.31	58.01	46	44.04	75.17	77.73	79.82	81.02
CFO/Total Liabilities	80.22	100.1	12.18	19.11	7.97	12.55	12.71	1.92	0.14	0.04	1.41
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.35	0.36	-0.31	1.62	0.81	1.39	1.61	0.23	0.26	0.24	0.25

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2015 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	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

Accounts Receivable Turnover	- -	3.47	3.17	2.99	3.83	3.85	3.02	4.24	3.87	3.56	3.38
Days Sales Outstanding	- -	105.3	115.12	121.96	95.31	94.84	120.68	85.99	94.38	102.46	108.09
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	1.71	1.68	1.67	2.13	2.26	1.42	1	0.82	0.84	0.82
Accounts Payable Turnover Days	- -	213.28	217.69	218.17	171.37	161.78	257.32	365.26	443.7	435.25	447.75
Cash Conversion Cycle	- -	-107.99	-102.57	-96.21	-76.06	-66.95	-136.64	-279.27	-349.31	-332.79	-339.66
Inventory to Cash Days	- -	105.3	115.12	121.96	95.31	94.84	120.68	85.99	94.38	102.46	108.09
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2015 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	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	- -	- -	- -	1,280	1,461	1,521	1,638	214	309	241	369
- Cash & Cash Equivalents	- -	- -	- -	10	28	23	29	48	112	132	95
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	540	492	447	411
+ Total Debt	89	87	820	481	1,424	881	841	4,267	4,324	4,315	4,205
Enterprise Value	89	87	820	1,751	2,857	2,379	2,450	4,973	5,013	4,873	4,890
Total Capital	1,423	1,400	1,382	1,509	2,420	1,884	1,879	5,598	5,486	5,325	5,106
Total Debt/Capital (%)	6.26	6.2	59.32	31.85	58.85	46.76	44.74	76.23	78.82	81.04	82.36
Total Debt / EV	1	1	1	0.27	0.5	0.37	0.34	0.86	0.86	0.89	0.86
EV/Sales	0.6	0.57	5.24	10.77	12.46	9.35	11.14	12.81	11.46	11.02	10.9
EV/EBITDA	0.79	0.75	7.47	14.88	17.66	13.45	16.03	18.58	16.47	15.92	15.92
EV/EBIT	1	0.97	9.81	19.39	27.98	21.92	23.61	44.08	38.8	35.11	33.06
EV/Cash Flow to Firm	1	0.78	7.74	15.52	17.11	14.33	16.76	13.69	17.01	16.53	15.03
EV/Free Cash Flow to Firm	1	0.78	7.74	15.52	17.11	14.33	16.76	13.69	17.01	16.53	15.03
Diluted Market Cap	- -	- -	- -	1,262	1,459	1,517	1,634	213	308	240	366
Diluted Enterprise Value	89	87	820	1,733	2,854	2,375	2,445	4,972	5,011	4,871	4,887
EV per Share	1.37	1.33	12.61	26.91	43.83	36.43	37.45	75.85	76.14	73.66	73.37
TTM Sales	148	153	157	163	229	255	220	388	437	442	449
TTM EBITDA	113	115	110	118	162	177	153	268	304	306	307
TTM Operating Income	89	89	84	90	102	109	104	113	129	139	148
TTM Cash Flow to Firm	90	112	106	113	167	166	146	363	295	295	325
TTM Free Cash Flow to Firm	90	112	106	113	167	166	146	363	295	295	325

Multiples (USD)

Valuation Multiples API ChatGPT

	2015 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	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	- -	- -	- -	13.04	12.54	13.24	14.76	2.56	50.75	122.16	6.03
EV/EBIT	1	0.97	9.81	19.39	27.98	21.92	23.61	44.08	38.8	35.11	33.06
Enterprise Value	89	87	820	1,751	2,857	2,379	2,450	4,973	5,013	4,873	4,890
Low Price	- -	- -	- -	17.21	18.03	12.95	21.01	3.05	1.65	3.15	2.45
EV/Sales	0.6	0.57	5.24	10.77	12.46	9.35	11.14	12.81	11.46	11.02	10.9
EV/EBITDA	0.79	0.75	7.47	14.88	17.66	13.45	16.03	18.58	16.47	15.92	15.92
Price/Earnings	- -	- -	- -	16.96	27.78	18.48	13.64	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	18.79	25.78	16.37	13.57	-3.75	-2	-2.83	-4.59
Price/Earnings High	- -	- -	- -	21.3	28.7	19.33	15.61	-7.4	-3.02	-3.74	-6.55
Price/Earnings Low	- -	- -	- -	14.84	22.34	10.27	11.44	-0.88	-1	-2.16	-2.44
Price/Book Value	- -	- -	- -	1.24	1.47	1.52	1.58	0.27	0.46	0.43	0.75
Price/Book Value Average	- -	- -	- -	1.38	1.36	1.34	1.57	1.08	0.32	0.49	0.63
Price/Book Value High	- -	- -	- -	1.56	1.52	1.59	1.81	2.13	0.49	0.64	0.89
Price/Book Value Low	- -	- -	- -	1.09	1.18	0.84	1.32	0.25	0.16	0.37	0.33
Price/Tangible Book Value	- -	- -	- -	1.34	1.71	1.52	1.58	0.27	0.46	0.43	0.75
Price/Tangible Book Value Average	- -	- -	- -	1.49	1.58	1.34	1.57	1.08	0.32	0.49	0.63
Price/Tangible Book Value High	- -	- -	- -	1.69	1.76	1.59	1.81	2.13	0.49	0.64	0.89
Price/Tangible Book Value Low	- -	- -	- -	1.18	1.37	0.84	1.32	0.25	0.16	0.37	0.33
Price/Sales	- -	- -	- -	7.76	6.36	5.96	7.42	0.55	0.7	0.54	0.81
Price/Sales Average	- -	- -	- -	8.6	5.9	5.28	7.38	2.19	0.49	0.61	0.68
Price/Sales High	- -	- -	- -	9.75	6.57	6.23	8.49	4.33	0.75	0.81	0.97
Price/Sales Low	- -	- -	- -	6.79	5.12	3.31	6.23	0.51	0.25	0.47	0.36
Price/Cash Flow	- -	- -	- -	13.04	12.54	13.24	14.75	2.56	50.75	122.16	6.03
Price/Cash Flow Average	- -	- -	- -	14.45	11.64	11.73	14.67	10.22	35.56	138.01	5.01
Price/Cash Flow High	- -	- -	- -	16.37	12.95	13.85	16.88	20.17	53.78	182.4	7.15
Price/Cash Flow Low	- -	- -	- -	11.41	10.08	7.36	12.37	2.39	17.82	105.42	2.67
Price/Free Cash Flow Average	- -	- -	- -	14.45	11.64	11.73	14.68	10.22	35.56	138.01	5.01
Price/Free Cash Flow High	- -	- -	- -	16.37	12.96	13.85	16.89	20.17	53.78	182.4	7.15
Price/Free Cash Flow Low	- -	- -	- -	11.41	10.09	7.36	12.38	2.39	17.82	105.42	2.67
EV/Sales Average	0.6	0.57	5.24	11.62	12	8.66	11.1	14.46	11.25	11.09	10.76
EV/Sales High	0.6	0.57	5.24	12.79	12.67	9.62	12.21	16.61	11.51	11.28	11.05
EV/Sales Low	0.6	0.57	5.24	9.79	11.22	6.69	9.94	12.78	11	10.94	10.44
EV/EBITDA Average	0.79	0.75	7.47	16.05	17.01	12.47	15.97	20.98	16.17	16.02	15.71
EV/EBITDA High	0.79	0.75	7.47	17.66	17.96	13.85	17.57	24.09	16.53	16.31	16.14
EV/EBITDA Low	0.79	0.75	7.47	13.52	15.89	9.63	14.3	18.53	15.81	15.81	15.25
EV/EBIT Average	1	0.97	9.81	20.92	26.95	20.32	23.53	49.76	38.09	35.34	32.64
EV/EBIT High	1	0.97	9.81	23.01	28.45	22.57	25.89	57.14	38.95	35.97	33.52
EV/EBIT Low	1	0.97	9.81	17.62	25.18	15.7	21.07	43.96	37.25	34.87	31.67
Last Price	- -	- -	- -	19.67	22.42	23.29	25.05	3.27	4.7	3.65	5.54
High Price	- -	- -	- -	24.7	23.16	24.37	28.66	25.73	4.98	5.45	6.57
Enterprise Value Average	89	87	820	1,889	2,752	2,206	2,441	5,614	4,921	4,904	4,828
Enterprise Value High	89	87	820	2,078	2,905	2,450	2,686	6,446	5,032	4,992	4,959
Enterprise Value Low	89	87	820	1,591	2,571	1,704	2,185	4,959	4,813	4,839	4,684

Shares Outstanding	65	65	65	65	65	65	65	66	66	66	67
Diluted Weighted Avg Shares	65	65	65	64	65	65	65	65	65	66	66
Basic Weighted Avg Shares	65	65	65	64	65	65	65	65	65	66	66
Revenue per Share	2.28	2.36	2.41	2.53	3.52	3.91	3.37	5.95	6.68	6.73	6.8
EBITDA per Share	1.74	1.77	1.69	1.83	2.49	2.72	2.35	4.1	4.65	4.66	4.66
Operating Income per Share	1.37	1.37	1.29	1.41	1.57	1.67	1.59	1.73	1.97	2.11	2.24
Basic EPS, GAAP	1.1	1.34	1.23	1.16	0.81	1.26	1.84	-3.47	-1.65	-1.46	-1
Basic EPS from Cont Ops	1.1	1.34	1.23	1.16	0.81	1.25	1.84	-4.4	-2.29	-2.09	-1.55
Diluted EPS, GAAP	1.1	1.34	1.23	1.16	0.81	1.26	1.84	-3.47	-1.65	-1.46	-1
Diluted EPS from Cont Ops	1.1	1.34	1.23	1.16	0.81	1.25	1.84	-4.4	-2.29	-2.09	-1.55
Dividend per Share	2.24	2.37	2.37	1.09	1.32	1.32	1.32	0.68	0.04	0.04	0.12
Cash Flow per Share	1.35	1.68	1.59	1.51	1.79	1.76	1.7	1.28	0.09	0.03	0.92
Free Cash Flow per Basic Share	1.35	1.68	1.59	1.51	1.79	1.76	1.7	1.28	0.09	0.03	0.92
Cash & Equivalents per Share	- -	- -	- -	0.15	0.44	0.35	0.45	0.74	1.71	1.99	1.42
Book Value per Share	20.53	20.2	8.65	15.8	15.28	15.36	15.87	12.06	10.17	8.5	7.35
Tangible Book Value per Share	18.98	18.82	7.43	14.64	13.15	15.36	15.87	12.06	10.17	8.5	7.35

Industrial Logistics Properties Trust

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)