Innovative Industrial Properties (IIPR) Assets (2016 - 2026)
Innovative Industrial Properties' Assets was $2.58 billion in Q2 2026, up 12.0% from $2.31 billion a year earlier and up 7.8% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) 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 Q2 2026 figure marks the highest quarterly Assets in data going back to Q4 2016.
- Compared with a year earlier, Assets was higher in three of the last eight quarters, with growth averaging 0.7%.
- The best year-over-year quarter for Assets over five years was Q3 2021 (growth of 40.2%); the worst was Q2 2025 (a decline of 3.3%).
- Per Business Quant data, IIPR's Assets in the three quarters before Q2 2026 was $2.39 billion (Q1 2026), $2.37 billion (Q4 2025) and $2.34 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | 69.88 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 101.01 Bn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 39.64 Bn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 76.44 Bn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 20.12 Bn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 29.66 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 29.66 Bn |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | 48.27 Bn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | 20.28 Bn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 2.58 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 2.10 Bn |
API Access
Innovative Industrial Properties 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=assets&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=assets&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();