IIPR Innovative Industrial Properties Inc

Price (delayed)

$173.74

Market cap

$4.16B

P/E Ratio

52.97

Dividend/share

$4.47

EPS

$3.28

Enterprise value

$4.17B

Sector: Real Estate
Industry: REIT - Industrial

Highlights

IIPR's net income has soared by 180% YoY and by 21% from the previous quarter
Innovative Industrial Properties's equity has surged by 178% YoY and by 20% QoQ
The stock's price to earnings (P/E) is 35% more than its last 4 quarters average of 39.3

Key stats

What are the main financial stats of IIPR
Market
Shares outstanding
23.93M
Market cap
$4.16B
Enterprise value
$4.17B
Valuations
Price to earnings (P/E)
52.97
Price to book (P/B)
2.53
Price to sales (P/S)
28.9
EV/EBIT
56.98
EV/EBITDA
41.2
EV/Sales
35.66
Earnings
Revenue
$116.9M
EBIT
$73.16M
EBITDA
$101.19M
Free cash flow
-$419.21M
Per share
EPS
$3.28
Free cash flow per share
-$21.56
Book value per share
$68.77
Revenue per share
$6.01
TBVPS
$90.93
Balance sheet
Total assets
$1.77B
Total liabilities
$243.11M
Debt
$137.75M
Equity
$1.52B
Working capital
N/A
Liquidity
Debt to equity
0.09
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.12
Margins
EBITDA margin
86.6%
Gross margin
95.8%
Net margin
56.2%
Operating margin
59.7%
Efficiency
Return on assets
4.7%
Return on equity
5.6%
Return on invested capital
5.2%
Return on capital employed
N/A
Return on sales
62.6%
Dividend
Dividend yield
2.57%
DPS
$4.47
Payout ratio
136.3%

IIPR stock price

How has the Innovative Industrial Properties stock price performed over time
Intraday
-4.62%
1 week
-10.9%
1 month
-17.85%
1 year
80.7%
YTD
-5.13%
QTD
-5.13%

Financial performance

How have Innovative Industrial Properties's revenue and profit performed over time
Revenue
$116.9M
Gross profit
$111.94M
Operating income
$69.74M
Net income
$65.73M
Gross margin
95.8%
Net margin
56.2%
IIPR's net income has soared by 180% YoY and by 21% from the previous quarter
The operating income has surged by 180% year-on-year and by 21% since the previous quarter
Innovative Industrial Properties's revenue has soared by 162% YoY and by 20% from the previous quarter
The gross profit has soared by 158% year-on-year and by 20% 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
52.97
P/B
2.53
P/S
28.9
EV/EBIT
56.98
EV/EBITDA
41.2
EV/Sales
35.66
IIPR's EPS has surged by 59% year-on-year and by 3.8% since the previous quarter
The stock's price to earnings (P/E) is 35% more than its last 4 quarters average of 39.3
Innovative Industrial Properties's equity has surged by 178% YoY and by 20% QoQ
IIPR's P/B is 33% above its 5-year quarterly average of 1.9 and 27% above its last 4 quarters average of 2.0
Innovative Industrial Properties's revenue has soared by 162% YoY and by 20% from the previous quarter
The stock's price to sales (P/S) is 17% more than its last 4 quarters average of 24.7

Efficiency

How efficient is Innovative Industrial Properties business performance
Innovative Industrial Properties's ROA has increased by 18% YoY
IIPR's return on sales is down by 6% year-on-year
IIPR's return on invested capital is up by 6% year-on-year but it is down by 3.7% since the previous quarter
The return on equity has declined by 3.4% since the previous quarter and by 3.4% year-on-year

Dividends

What is IIPR's dividend history
DPS
$4.47
Dividend yield
2.57%
Payout ratio
136.3%
Recent dividends

Financial health

How did Innovative Industrial Properties financials performed over time
Innovative Industrial Properties's total assets has surged by 137% YoY and by 18% QoQ
Innovative Industrial Properties's total liabilities has increased by 23% YoY and by 6% from the previous quarter
The debt is 91% smaller than the equity
Innovative Industrial Properties's equity has surged by 178% YoY and by 20% QoQ
The company's debt to equity has shrunk by 64% YoY and by 18% QoQ

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