IIPR Innovative Industrial Properties Inc
Price (delayed)
$74.19
Market cap
$2.1B
P/E Ratio
13.11
Dividend/share
$7.52
EPS
$5.66
Enterprise value
$2.26B
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 57% less than its 5-year quarterly average of 30.4 and 33% less than its last 4 quarters average of 19.5
Innovative Industrial Properties's revenue has increased by 3.4% YoY
IIPR's EPS is down by 2.9% year-on-year
The gross margin has contracted by 2.2% YoY
Key stats
What are the main financial stats of IIPR
Market
Valuations
Earnings
Shares outstanding
28.33M
Market cap
$2.1B
Enterprise value
$2.26B
Price to earnings (P/E)
13.11
Price to book (P/B)
1.08
Price to sales (P/S)
6.74
EV/EBIT
12.53
EV/EBITDA
9.04
EV/Sales
7.27
Revenue
$310.93M
Gross profit
$282.87M
Operating income
$173.74M
Net income
$163.27M
EBIT
$180.55M
EBITDA
$250.22M
Free cash flow
$196.57M
Per share
Balance sheet
Liquidity
EPS
$5.66
EPS diluted
$5.62
Free cash flow per share
$6.96
Book value per share
$68.7
Revenue per share
$11
TBVPS
$84.51
Total assets
$2.4B
Total liabilities
$448.79M
Debt
$306.71M
Equity
$1.95B
Working capital
N/A
Debt to equity
0.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.64
Margins
Efficiency
Dividend
EBITDA margin
80.5%
Gross margin
91%
Net margin
52.5%
Operating margin
55.9%
Return on assets
6.8%
Return on equity
8.3%
Return on invested capital
7.1%
Return on capital employed
N/A
Return on sales
58.1%
Dividend yield
10.14%
DPS
$7.52
Payout ratio
132.9%
IIPR stock price
How has the Innovative Industrial Properties stock price performed over time
Intraday
2.96%
1 week
8.93%
1 month
9.01%
1 year
-21.37%
YTD
11.33%
QTD
11.33%
Financial performance
How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$310.93M
Gross profit
$282.87M
Operating income
$173.74M
Net income
$163.27M
Gross margin
91%
Net margin
52.5%
The net margin has declined by 4.5% year-on-year
Innovative Industrial Properties's revenue has increased by 3.4% YoY
The gross margin has contracted by 2.2% YoY
Growth
What is Innovative Industrial Properties's growth rate over time
Valuation
What is Innovative Industrial Properties stock price valuation
P/E
13.11
P/B
1.08
P/S
6.74
EV/EBIT
12.53
EV/EBITDA
9.04
EV/Sales
7.27
The stock's price to earnings (P/E) is 57% less than its 5-year quarterly average of 30.4 and 33% less than its last 4 quarters average of 19.5
IIPR's EPS is down by 2.9% year-on-year
IIPR's P/B is 46% below its 5-year quarterly average of 2.0 and 33% below its last 4 quarters average of 1.6
The stock's price to sales (P/S) is 62% less than its 5-year quarterly average of 17.7 and 34% less than its last 4 quarters average of 10.2
Innovative Industrial Properties's revenue has increased by 3.4% YoY
Efficiency
How efficient is Innovative Industrial Properties business performance
IIPR's return on sales is down by 4.6% year-on-year
Dividends
What is IIPR's dividend history
DPS
$7.52
Dividend yield
10.14%
Payout ratio
132.9%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Innovative Industrial Properties financials performed over time
Innovative Industrial Properties's total liabilities has increased by 2.7% from the previous quarter
The debt is 84% smaller than the equity
The debt has declined by 2.1% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.