IIPR Innovative Industrial Properties Inc

Price (delayed)

$232.74

Market cap

$5.57B

P/E Ratio

57.04

Dividend/share

$5.13

EPS

$4.08

Enterprise value

$5.84B

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
IIPR's net income has soared by 130% YoY and by 20% from the previous quarter
Innovative Industrial Properties's revenue has soared by 118% YoY and by 18% from the previous quarter
The stock's price to earnings (P/E) is 19% more than its last 4 quarters average of 48.0

Key stats

What are the main financial stats of IIPR
Market
Shares outstanding
23.93M
Market cap
$5.57B
Enterprise value
$5.84B
Valuations
Price to earnings (P/E)
57.04
Price to book (P/B)
3.68
Price to sales (P/S)
34.08
EV/EBIT
55.6
EV/EBITDA
41.7
EV/Sales
35.81
Earnings
Revenue
$163.17M
EBIT
$105.11M
EBITDA
$140.16M
Free cash flow
-$325.16M
Per share
EPS
$4.08
Free cash flow per share
-$13.61
Book value per share
$63.33
Revenue per share
$6.83
TBVPS
$87.52
Balance sheet
Total assets
$2.09B
Total liabilities
$575.68M
Debt
$431.19M
Equity
$1.52B
Working capital
N/A
Liquidity
Debt to equity
0.28
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.96
Margins
EBITDA margin
85.9%
Gross margin
96.8%
Net margin
58.7%
Operating margin
63.7%
Efficiency
Return on assets
5.3%
Return on equity
6.5%
Return on invested capital
5.7%
Return on capital employed
N/A
Return on sales
64.4%
Dividend
Dividend yield
2.2%
DPS
$5.13
Payout ratio
125.7%

IIPR stock price

How has the Innovative Industrial Properties stock price performed over time
Intraday
-1.16%
1 week
-0.96%
1 month
1.88%
1 year
84.45%
YTD
27.09%
QTD
21.84%

Financial performance

How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$163.17M
Gross profit
$157.98M
Operating income
$103.9M
Net income
$95.81M
Gross margin
96.8%
Net margin
58.7%
The operating income has surged by 137% year-on-year and by 22% since the previous quarter
IIPR's net income has soared by 130% YoY and by 20% from the previous quarter
Innovative Industrial Properties's revenue has soared by 118% YoY and by 18% from the previous quarter
The gross profit has soared by 117% year-on-year and by 18% since the previous quarter

Growth

What is Innovative Industrial Properties's growth rate over time

Valuation

What is Innovative Industrial Properties stock price valuation
P/E
57.04
P/B
3.68
P/S
34.08
EV/EBIT
55.6
EV/EBITDA
41.7
EV/Sales
35.81
IIPR's EPS is up by 43% year-on-year and by 13% since the previous quarter
The stock's price to earnings (P/E) is 19% more than its last 4 quarters average of 48.0
IIPR's P/B is 84% above its 5-year quarterly average of 2.0 and 36% above its last 4 quarters average of 2.7
Innovative Industrial Properties's equity has surged by 56% YoY
Innovative Industrial Properties's revenue has soared by 118% YoY and by 18% from the previous quarter
The stock's price to sales (P/S) is 30% more than its 5-year quarterly average of 26.2 and 17% more than its last 4 quarters average of 29.2

Efficiency

How efficient is Innovative Industrial Properties business performance
Innovative Industrial Properties's ROA has increased by 20% YoY and by 6% from the previous quarter
The return on equity is up by 14% year-on-year and by 10% since the previous quarter
IIPR's return on invested capital is up by 10% year-on-year and by 3.6% since the previous quarter
IIPR's return on sales is up by 2.4% since the previous quarter

Dividends

What is IIPR's dividend history
DPS
$5.13
Dividend yield
2.2%
Payout ratio
125.7%
Recent dividends

Financial health

How did Innovative Industrial Properties financials performed over time
Innovative Industrial Properties's total liabilities has soared by 175% YoY and by 105% from the previous quarter
Innovative Industrial Properties's total assets has surged by 77% YoY and by 16% QoQ
The debt is 72% smaller than the equity
The company's debt to equity has surged by 100% YoY
Innovative Industrial Properties's equity has surged by 56% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.