Innovative Industrial Properties (IIPR) Enterprise Value (2016 - 2026)
Innovative Industrial Properties (IIPR) posted Enterprise Value of $1.31 billion for Q3 2026, down 10.2% from $1.46 billion a year earlier and down 12.9% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Enterprise Value (2016 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Enterprise Value at Innovative Industrial Properties was $968.93 million, down 9.5% year-over-year; for FY2025, it came in at $1.28 billion, down 26.3% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of -14.6% (FY2020 to FY2025).
- In prior years, Innovative Industrial Properties' Enterprise Value was $1.74 billion in FY2024 (-35.0%), $2.67 billion in FY2023 (+5.0%), $2.55 billion in FY2022 (-59.7%) and $6.32 billion in FY2021 (+124.6%).
- Quarterly Enterprise Value has run from a low of $1.28 billion in Q4 2025 to a high of $6.32 billion in Q4 2021 over five years.
- On a year-over-year basis, Enterprise Value increased in 1 of the last eight quarters, with an average decline of 29.0%.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q4 2021, with growth of 124.6%; the weakest was Q1 2023, with a decline of 62.3%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $1.5 billion (Q2 2026), $1.33 billion (Q1 2026) and $1.28 billion (Q4 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.31 Bn |
| Jun 30, 2026 | 1.50 Bn |
| Mar 31, 2026 | 1.33 Bn |
| Dec 31, 2025 | 1.28 Bn |
| Sep 30, 2025 | 1.46 Bn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.74 Bn |
| Sep 30, 2024 | 3.64 Bn |
| Jun 30, 2024 | 2.93 Bn |
| Mar 31, 2024 | 2.76 Bn |
| Dec 31, 2023 | 2.67 Bn |
| Sep 30, 2023 | 1.96 Bn |
| Jun 30, 2023 | 1.88 Bn |
| Mar 31, 2023 | 1.93 Bn |
| Dec 31, 2022 | 2.55 Bn |
| Sep 30, 2022 | 2.16 Bn |
| Jun 30, 2022 | 2.72 Bn |
| Mar 31, 2022 | 5.11 Bn |
| Dec 31, 2021 | 6.32 Bn |
API Access
Innovative Industrial Properties Enterprise Value 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=enterprise-value&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();