Innovative Industrial Properties (IIPR) Common Equity (2016 - 2026)
Innovative Industrial Properties' Common Equity came in at $1.85 billion for Q2 2026, down 1.5% from $1.88 billion a year earlier and down 2.3% from the prior quarter.
Innovative Industrial Properties (IIPR) Common Equity (2016 - 2026) Analysis & Trends
Going back to Q4 2016, Innovative Industrial Properties' Common Equity data covers 39 quarters.
- Common Equity has declined in each of the last three years, though with a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- Going back by year, Common Equity was $1.94 billion in FY2024 (-0.9%), $1.95 billion in FY2023 (-0.5%), $1.96 billion in FY2022 (+21.7%) and $1.61 billion in FY2021 (+5.7%).
- The five-year range for quarterly Common Equity is $1.51 billion (Q3 2021) to $1.98 billion (Q2 2022).
- Year-over-year, Common Equity has declined for 13 consecutive quarters, with an average decline of 2.2% over the last eight quarters.
- The fastest year-over-year change in Common Equity over five years came in Q2 2022 (growth of 30.4%), and the weakest in Q4 2025 (a decline of 4.5%).
- Business Quant data shows IIPR's Common Equity at $1.89 billion (Q1 2026), $1.85 billion (Q4 2025) and $1.86 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | 47.44 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 58.12 Bn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 6.07 Bn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 41.93 Bn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 9.29 Bn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 14.70 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | 29.60 Bn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | 10.70 Bn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 1.85 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.85 Bn |
| Mar 31, 2026 | 1.89 Bn |
| Dec 31, 2025 | 1.85 Bn |
| Sep 30, 2025 | 1.86 Bn |
| Jun 30, 2025 | 1.88 Bn |
| Mar 31, 2025 | 1.92 Bn |
| Dec 31, 2024 | 1.94 Bn |
| Sep 30, 2024 | 1.95 Bn |
| Jun 30, 2024 | 1.95 Bn |
| Mar 31, 2024 | 1.96 Bn |
| Dec 31, 2023 | 1.95 Bn |
| Sep 30, 2023 | 1.95 Bn |
| Jun 30, 2023 | 1.95 Bn |
| Mar 31, 2023 | 1.96 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 1.97 Bn |
| Jun 30, 2022 | 1.98 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 1.61 Bn |
| Sep 30, 2021 | 1.51 Bn |
Innovative Industrial Properties Common Equity 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=common-equity&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();