Innovative Industrial Properties (IIPR) EBT Margin (2017 - 2026)
Innovative Industrial Properties' EBT Margin came in at 69.26% for Q2 2026, up 27.88 percentage points from 41.38% a year earlier and up 21.71 percentage points from the prior quarter.
Innovative Industrial Properties (IIPR) EBT Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innovative Industrial Properties reported EBT Margin of 52.27%, up 4.56 percentage points year-over-year; for FY2025, it came in at 44.46%, down 7.94 percentage points from FY2024.
- EBT Margin has declined in each of the last four years, with a five-year change of -11.77 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 52.40% in FY2024 (-1.09 pp), 53.49% in FY2023 (-2.42 pp), 55.91% in FY2022 (-1.62 pp) and 57.53% in FY2021 (+1.30 pp).
- The Q2 2026 figure represents the highest quarterly EBT Margin in data going back to Q1 2017.
- Year-over-year, EBT Margin increased in two of the last eight quarters, with an average year-over-year change of -0.13 percentage points.
- The fastest year-over-year change in EBT Margin over five years came in Q2 2026 (a gain of 27.88 percentage points), and the weakest in Q2 2025 (a drop of 11.25 percentage points).
- Business Quant data shows IIPR's EBT Margin at 47.55% (Q1 2026), 47.77% (Q4 2025) and 45.30% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | 9.04% |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 50.80% |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 27.69% |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 25.61% |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 41.01% |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 3.14% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 31.06% |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | 50.53% |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | - |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 69.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.26% |
| Mar 31, 2026 | 47.55% |
| Dec 31, 2025 | 47.77% |
| Sep 30, 2025 | 45.30% |
| Jun 30, 2025 | 41.38% |
| Mar 31, 2025 | 43.33% |
| Dec 31, 2024 | 52.15% |
| Sep 30, 2024 | 52.55% |
| Jun 30, 2024 | 52.63% |
| Mar 31, 2024 | 52.25% |
| Dec 31, 2023 | 52.60% |
| Sep 30, 2023 | 53.44% |
| Jun 30, 2023 | 53.98% |
| Mar 31, 2023 | 53.99% |
| Dec 31, 2022 | 58.91% |
| Sep 30, 2022 | 53.07% |
| Jun 30, 2022 | 57.04% |
| Mar 31, 2022 | 54.52% |
| Dec 31, 2021 | 54.84% |
| Sep 30, 2021 | 55.88% |
Innovative Industrial Properties EBT Margin 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=ebt-margin&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();