Innovative Industrial Properties (IIPR) EBIT Margin (2017 - 2026)

Innovative Industrial Properties (IIPR) reported EBIT Margin of 47.7% for Q1 2026, up 34.0% on a YoY basis from 35.59% in Q1 2025, and little changed sequentially from 47.78% in Q4 2025.

Innovative Industrial Properties (IIPR) EBIT Margin (2017 - 2026) Analysis & Trends

Innovative Industrial Properties (IIPR) has 10 years of EBIT Margin data on file, last reported at 47.7% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin rose 34.0% year-over-year to 47.7%; the trailing twelve-month figure through Mar 2026 stood at 46.75% (down 583.0% YoY), and the FY2025 full-year result was 46.67%, down 790.0% from the prior year.
  • EBIT Margin steadied at 47.7% in Q1 2026, from 47.78% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 62.79% in Q4 2022 to a low of 45.47% in Q3 2025.
  • A 5-year average of 54.34% and a median of 55.53% in 2023 frame the typical range for EBIT Margin.
  • Across the five-year window, EBIT Margin tumbled 935 bps in 2025 and soared 34 bps in 2026, its largest moves.
  • Tracing IIPR's EBIT Margin over 5 years: stood at 62.79% in 2022, then slipped by 12 bps to 55.53% in 2023, then slipped by 1 bps to 54.74% in 2024, then dropped by 13 bps to 47.78% in 2025, then slipped by 0 bps to 47.7% in 2026.
  • Business Quant data shows IIPR's EBIT Margin at 47.7% in Q1 2026, 47.78% in Q4 2025, and 45.47% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Prologis 136.72 Bn 136.72 Bn 2.24 Bn 72.20%
2 Public Storage 56.92 Bn 56.79 Bn 1.18 Bn 38.95%
3 Extra Space Storage 31.35 Bn 31.35 Bn 617.72 Mn 42.94%
4 Eastgroup Properties 11.31 Bn 11.31 Bn 193.10 Mn 40.64%
5 Lineage 9.72 Bn 9.65 Bn 417.00 Mn 2.78%
6 CubeSmart 9.62 Bn 9.62 Bn 191.86 Mn 8.22%
7 Rexford Industrial Realty 8.86 Bn 8.81 Bn - -
8 STAG Industrial 7.76 Bn 7.76 Bn - -
9 Terreno Realty 7.66 Bn 7.66 Bn - -
10 Innovative Industrial Properties 1.72 Bn 1.72 Bn - 47.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 47.70%
Dec 31, 2025 47.78%
Sep 30, 2025 45.47%
Jun 30, 2025 45.95%
Mar 31, 2025 47.36%
Dec 31, 2024 54.74%
Sep 30, 2024 54.83%
Jun 30, 2024 53.07%
Mar 31, 2024 55.71%
Dec 31, 2023 55.53%
Sep 30, 2023 56.34%
Jun 30, 2023 56.80%
Mar 31, 2023 57.00%
Dec 31, 2022 62.79%
Sep 30, 2022 58.34%
Jun 30, 2022 62.61%
Mar 31, 2022 61.82%
Dec 31, 2021 65.25%
Sep 30, 2021 67.39%
Jun 30, 2021 67.41%