Innovative Industrial Properties Inc. | Small-cap | Real Estate
$55.30
-2.85%
| Innovative Stock Comparison:
Innovative vs PrologisInnovative vs Public StorageInnovative vs Plymouth IndustrialInnovative vs Extra Space StorageInnovative vs Lineage LogisticsInnovative vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 308.5M
Gross Profit 280.0M 90.77%
Operating Income 171.8M 55.68%
Net Income 161.7M 52.40%
EPS (Diluted) $5.52

Balance Sheet Metrics

Total Assets 2.4B
Total Liabilities 442.0M
Shareholders Equity 1.9B
Debt to Equity 0.23

Cash Flow Metrics

Operating Cash Flow 255.5M
Free Cash Flow 258.4M

Revenue & Profitability Trend

Innovative Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue308.5M309.5M276.4M204.6M116.9M
Cost of Goods Sold28.5M24.9M10.5M4.4M5.0M
Gross Profit280.0M284.6M265.8M200.1M111.9M
Operating Expenses37.4M42.8M38.5M23.0M14.2M
Operating Income171.8M174.6M166.0M135.4M69.7M
Pre-tax Income161.7M165.6M154.4M114.0M65.7M
Income Tax-----
Net Income161.7M165.6M154.4M114.0M65.7M
EPS (Diluted)$5.52$5.77$5.52$4.55$3.27

Income Statement Trend

Innovative Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets169.0M163.7M106.6M99.3M126.0M
Non-Current Assets2.2B2.2B2.3B2.0B1.6B
Total Assets2.4B2.4B2.4B2.1B1.8B
Liabilities
Current Liabilities132.8M132.2M149.5M145.6M105.4M
Non-Current Liabilities309.2M305.9M303.4M327.3M137.8M
Total Liabilities442.0M438.1M452.9M472.9M243.1M
Equity
Total Shareholders Equity1.9B2.0B2.0B1.6B1.5B

Balance Sheet Composition

Innovative Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income161.7M165.6M154.4M114.0M65.7M
Operating Cash Flow255.5M258.8M239.9M185.4M113.6M
Investing Activities
Capital Expenditures-----
Investing Cash Flow16.7M178.2M104.3M278.0M-497.3M
Financing Activities
Dividends Paid-213.5M-204.1M-185.3M-132.3M-76.8M
Financing Cash Flow-197.9M-195.6M164.2M155.8M925.0M
Free Cash Flow258.4M255.5M234.1M188.7M110.8M

Cash Flow Trend

Innovative Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 11.22
Forward P/E 9.94
Price to Book 0.87
Price to Sales 5.35
PEG Ratio 9.94

Profitability Ratios

Profit Margin 50.30%
Operating Margin 52.27%
Return on Equity 7.91%
Return on Assets 4.42%

Financial Health

Current Ratio 2.46
Debt to Equity 15.11
Beta 1.74

Per Share Data

EPS (TTM) $5.19
Book Value per Share $66.58
Revenue per Share $10.79

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
iipr1.6B11.220.877.91%50.30%15.11
Prologis 99.4B26.721.866.83%42.81%56.64
Public Storage 51.7B29.279.9120.12%41.59%97.46
Plymouth Industrial 770.2M5.491.3326.78%76.99%123.51
Extra Space Storage 32.4B34.052.236.39%27.13%89.65
Lineage Logistics 11.3B-12.511.19-9.07%-11.77%78.40

Financial data is updated regularly. All figures are in the company's reporting currency.