Stocktoria
INNOVATIVE INDUSTRIAL PROPERTIES INC IIPR
NYSE · XNYS · reit · Real Estate · website · IPO 2016-11-29
INNOVATIVE INDUSTRIAL PROPERTIES INC statistics & valuation
Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
INNOVATIVE INDUSTRIAL PROPERTIES INC trades at about 15.7× earnings — below its 10-year norm (10-year range 12.3×–82.6×, median 43.6×).
12.3×
82.6×
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 46.7% | 54.6% | 56.4% | 61.4% | 66.2% | 59.7% | 55.8% | 36.1% | -3.5% |
| Net margin | 44.5% | 52.4% | 53.5% | 55.9% | 55.7% | 56.2% | 52.6% | 47.2% | -1.1% |
| Return on assets | 5.0% | 6.8% | 6.9% | 6.4% | 5.5% | 3.7% | 3.1% | 2.5% | -0.1% |
| Return on equity | 6.4% | 8.3% | 8.5% | 7.9% | 7.1% | 4.3% | 4.3% | 2.6% | -0.1% |
| Debt / equity | 0.21× | — | — | — | — | — | 0.25× | — | — |
Source: SEC EDGAR filings · CIK 0001677576 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.