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| Date | Value |
|---|---|
| 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 |