IIPR Innovative Industrial Properties Inc
Price (delayed)
$51.61
Market cap
$1.46B
P/E Ratio
9.25
Dividend/share
$7.6
EPS
$5.58
Enterprise value
$1.62B
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis
Highlights
The stock's price to earnings (P/E) is 68% less than its 5-year quarterly average of 29.3 and 49% less than its last 4 quarters average of 18.2
IIPR's EPS is down by 4.1% year-on-year
IIPR's net income is down by 2.4% YoY
Key stats
What are the main financial stats of IIPR
Market
Valuations
Earnings
Shares outstanding
28.33M
Market cap
$1.46B
Enterprise value
$1.62B
Price to earnings (P/E)
9.25
Price to book (P/B)
0.76
Price to sales (P/S)
4.72
EV/EBIT
9.06
EV/EBITDA
6.49
EV/Sales
5.26
Revenue
$308.52M
Gross profit
$280.05M
Operating income
$171.79M
Net income
$161.66M
EBIT
$179.33M
EBITDA
$250.14M
Free cash flow
$185.8M
Per share
Balance sheet
Liquidity
EPS
$5.58
EPS diluted
$5.52
Free cash flow per share
$6.58
Book value per share
$68.34
Revenue per share
$10.93
TBVPS
$83.99
Total assets
$2.38B
Total liabilities
$441.99M
Debt
$308.1M
Equity
$1.94B
Working capital
N/A
Debt to equity
0.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.65
Margins
Efficiency
Dividend
EBITDA margin
81.1%
Gross margin
90.8%
Net margin
52.4%
Operating margin
55.7%
Return on assets
6.7%
Return on equity
8.2%
Return on invested capital
7%
Return on capital employed
N/A
Return on sales
58.1%
Dividend yield
14.73%
DPS
$7.6
Payout ratio
136.2%
IIPR stock price
How has the Innovative Industrial Properties stock price performed over time
Intraday
1.28%
1 week
5.98%
1 month
-19.62%
1 year
-44.87%
YTD
-22.55%
QTD
-4.58%
Financial performance
How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$308.52M
Gross profit
$280.05M
Operating income
$171.79M
Net income
$161.66M
Gross margin
90.8%
Net margin
52.4%
IIPR's net income is down by 2.4% YoY
The net margin has declined by 2.1% year-on-year
Growth
What is Innovative Industrial Properties's growth rate over time
Valuation
What is Innovative Industrial Properties stock price valuation
P/E
9.25
P/B
0.76
P/S
4.72
EV/EBIT
9.06
EV/EBITDA
6.49
EV/Sales
5.26
The stock's price to earnings (P/E) is 68% less than its 5-year quarterly average of 29.3 and 49% less than its last 4 quarters average of 18.2
IIPR's EPS is down by 4.1% year-on-year
IIPR's P/B is 62% below its 5-year quarterly average of 2.0 and 49% below its last 4 quarters average of 1.5
The stock's price to sales (P/S) is 72% less than its 5-year quarterly average of 16.9 and 50% less than its last 4 quarters average of 9.4
Efficiency
How efficient is Innovative Industrial Properties business performance
Innovative Industrial Properties's ROA has decreased by 2.9% YoY
The return on equity has declined by 2.4% year-on-year
Dividends
What is IIPR's dividend history
DPS
$7.6
Dividend yield
14.73%
Payout ratio
136.2%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Innovative Industrial Properties financials performed over time
The debt is 84% smaller than the equity
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.