Innovative Industrial Properties (IIPR) Total Assets (2016 - 2026)
Innovative Industrial Properties' Assets was $2.65 billion in Q3 2026, up 13.4% from $2.34 billion a year earlier and up 2.7% from the prior quarter.
Innovative Industrial Properties (IIPR) Total Assets (2016 - 2026) Analysis & Trends
At the end of FY2025, Assets at Innovative Industrial Properties came in at $2.37 billion, down 0.3% from FY2024.
- Assets has now declined for three consecutive years, though with a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- In earlier years, Assets was $2.38 billion in FY2024 (-0.5%), $2.39 billion in FY2023 (-1.0%), $2.41 billion in FY2022 (+15.8%) and $2.08 billion in FY2021 (+17.9%).
- The Q3 2026 figure marks the highest quarterly Assets in data going back to Q4 2016.
- Compared with a year earlier, Assets has increased for three straight quarters, with growth averaging 2.3% over the last eight quarters.
- The best year-over-year quarter for Assets over five years was Q4 2021 (growth of 17.9%); the worst was Q2 2025 (a decline of 3.3%).
- Per Business Quant data, IIPR's Assets in the three quarters before Q3 2026 was $2.58 billion (Q2 2026), $2.39 billion (Q1 2026) and $2.37 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.65 Bn |
| Jun 30, 2026 | 2.58 Bn |
| Mar 31, 2026 | 2.39 Bn |
| Dec 31, 2025 | 2.37 Bn |
| Sep 30, 2025 | 2.34 Bn |
| Jun 30, 2025 | 2.31 Bn |
| Mar 31, 2025 | 2.35 Bn |
| Dec 31, 2024 | 2.38 Bn |
| Sep 30, 2024 | 2.40 Bn |
| Jun 30, 2024 | 2.38 Bn |
| Mar 31, 2024 | 2.40 Bn |
| Dec 31, 2023 | 2.39 Bn |
| Sep 30, 2023 | 2.39 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | 2.41 Bn |
| Dec 31, 2022 | 2.41 Bn |
| Sep 30, 2022 | 2.43 Bn |
| Jun 30, 2022 | 2.43 Bn |
| Mar 31, 2022 | 2.11 Bn |
| Dec 31, 2021 | 2.08 Bn |
Innovative Industrial Properties Total Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-assets&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-assets", "ticker": "IIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-assets&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();