Innovative Industrial Properties (IIPR-PA) Interest Coverage Ratio (2019 - 2026)

Innovative Industrial Properties' (IIPR-PA) quarterly Interest Coverage Ratio came in at 5.12 in Q1 2026, down 32.2% year-on-year from 7.55 in Q1 2025, and up 8.08% quarter-over-quarter from 4.73 in Q4 2025.

Innovative Industrial Properties (IIPR-PA) Interest Coverage Ratio (2019 - 2026) Analysis & Trends

Innovative Industrial Properties has disclosed Interest Coverage Ratio across 8 years of filings, most recently posting 5.12 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 5.12, down 32.2% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.56 (down 38.29% YoY), and the FY2025 annual result was 6.15, down 35.48% from the prior year.
  • Interest Coverage Ratio came in at 5.12 for Q1 2026 at Innovative Industrial Properties, up from 4.73 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 10.6 in Q4 2023 to a low of 4.73 in Q4 2025.
  • The 5-year median for Interest Coverage Ratio is 9.48 (2024), against an average of 8.57.
  • Across the five-year window, Interest Coverage Ratio surged 59.3% in 2022 and plunged 48.87% in 2025, its largest moves.
  • Innovative Industrial Properties' Interest Coverage Ratio stood at 9.79 in 2022, then rose by 8.3% to 10.6 in 2023, then dropped by 12.67% to 9.26 in 2024, then slumped by 48.87% to 4.73 in 2025, then climbed by 8.08% to 5.12 in 2026.
  • The last three Interest Coverage Ratio figures came in at 5.12 (Q1 2026), 4.73 (Q4 2025), and 6.5 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn 6.24
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 5.93
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn -
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn 8.39
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn -
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn 0.78
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - -
8 STAG Industrial 7.40 Bn 7.47 Bn - -
9 Terreno Realty 7.04 Bn 7.04 Bn - -
10 Innovative Industrial Properties - - - 5.12

Historic Data

Download Data
DateValue
Mar 31, 2026 5.12
Dec 31, 2025 4.73
Sep 30, 2025 6.50
Jun 30, 2025 6.50
Mar 31, 2025 7.55
Dec 31, 2024 9.26
Sep 30, 2024 9.48
Jun 30, 2024 9.80
Mar 31, 2024 9.58
Dec 31, 2023 10.60
Sep 30, 2023 10.13
Jun 30, 2023 9.71
Mar 31, 2023 9.59
Dec 31, 2022 9.79
Sep 30, 2022 9.16
Jun 30, 2022 9.80
Mar 31, 2022 8.37
Dec 31, 2021 6.19
Sep 30, 2021 5.75
Jun 30, 2021 8.92