Quarter
Charts

INNOVATIVE INDUSTRIAL PROPERTIES, INC.

IIPR

CIK 0001677576 · Quarterly mode · latest period FY2025 (Q4) (ending 2025-12-31) · sourced from SEC EDGAR

At a glance · FY2025 (Q4)

Revenue
$67M
↓-13.1% -$10Mvs FY2024 (Q4)
Operating Income
$32M
↓-24.2% -$10Mvs FY2024 (Q4)
Net Income
$25M
↓-33.0% -$12Mvs FY2024 (Q4)
Gross Profit
$67M
↓-13.1% -$10Mvs FY2024 (Q4)

Quality Score

Quality score

6-dimension fundamental snapshot · latest annual filed values · S&P 500 calibration

Poor
15/100
  • Profitability
    0ROIC 4.3% (10% = solid, 20%+ = moat)
  • Liquidity
    0Insufficient data
  • Leverage
    89D/E 0.21 (under 0.5 = conservative)
  • Efficiency
    0Asset Turnover 0.11x (1.0+ = capital-efficient)
  • Growth
    0Revenue YoY -13.1% (10% = solid, 25%+ = elite)
  • Margin Trend
    0Op Margin 47.8% · trend -7.9pts (4Q avg vs prior 4Q)

Calibrated to S&P 500 medians. Each sub-score is computed from a single CFA-grade ratio (Profitability = ROIC, Liquidity = Current Ratio, Leverage = D/E, Efficiency = Asset Turnover, Growth = Revenue YoY, Margin Trend = 4Q operating-margin avg vs prior 4Q). Overall = simple mean.

DCF intrinsic value

DCF intrinsic value

two-stage Gordon model

Project IIPR's free cash flow forward, discount back at your hurdle rate, divide by diluted shares. Edit the assumptions to see how sensitive the intrinsic value is.

8%

Trailing CAGR unavailable; default 8%

10%

10% is a common all-equity benchmark for US large-caps

2.5%

Should be ≤ long-run GDP growth (~2.5% nominal)

5

5-year explicit projection + perpetuity terminal

Intrinsic value per share
$120.14
Total enterprise IV
$3.41B
Diluted shares
0.03B
Terminal PV
$2.47B (72% of total)
Year-5 FCF
$291M
YearProjected FCFDiscounted PV
+1$214M$195M
+2$231M$191M
+3$250M$188M
+4$270M$184M
+5$291M$181M
Terminal$3.98B$2.47B

DCF outputs are HIGHLY sensitive to growth + WACC assumptions. A 1pp WACC change can shift IV by 20%+. Use this as a sanity-check vs market price, not a target — and always cross-check the underlying FCF source (EDGAR cashflow statement, latest annual). Margin of safety convention: 30-50% discount to IV before buying.

Capital allocation · trailing 4 quarters

how the company spent its cash
Capex (TTM)
—
investment in PP&E
Dividends paid (TTM)
$216M
cash returned to holders
Stock buybacks (TTM)
$20M
share count reduction
Stock-based comp (TTM)
$10M
non-cash dilution

Balance sheet · 2025-12-31

latest filed snapshot
Total assets
$2.37B
everything owned
Total liabilities
$523M
everything owed
Stockholders' equity
$1.85B
shareholder claim
Net debt
$346M
LT debt minus cash

Recent performance · 36 quarters

Revenue↓-13.1% -$10M
$67M
Net Income↓-20.4% -$8M
$32M
Free Cash Flow↓-13.7% -$8M
$50M
Operating Margin↓-7.0pts
47.8%

Drill down

IIPR Sankey

See INNOVATIVE INDUSTRIAL PROPERTIES, INC.'s revenue flow into every line item of the income statement and balance sheet — every dollar accounted for, with prior-period comparison.

Open Sankey

IIPR Charts

36 quarters of historical line items — Income, Cash Flow, Balance Sheet, plus margins. Click any chart for the trend dialog.

Open Charts

IIPR Key Metrics

EPS, BVPS, FCF/Share, ROE, ROA, ROIC, D/E, Current Ratio, Quick Ratio, Asset Turnover — 10 CFA-grade fundamentals derived from EDGAR data.

Open Key Metrics