Innovative Industrial Properties (IIPR) EV to CFO (2017 - 2026)
Innovative Industrial Properties' (IIPR) EV to CFO stood at 6.54 in Q3 2026, down 7.6% from 7.08 a year earlier and down 14.6% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) EV to CFO (2017 - 2026) Analysis & Trends
On a TTM basis, Innovative Industrial Properties' EV to CFO came in at 4.84 as of Sep 30, 2026, down 6.8% year-over-year; for FY2025, it was 6.46, down 3.9% from FY2024.
- Annual EV to CFO has declined for four straight years.
- Across earlier years, EV to CFO came in at 6.72 in FY2024 (-35.8%), 10.46 in FY2023 (-3.8%), 10.87 in FY2022 (-67.5%) and 33.50 in FY2021 (+31.8%).
- Quarterly EV to CFO has ranged from 5.81 in Q1 2025 to 33.50 in Q4 2021 over the past five years.
- On a year-over-year basis, EV to CFO rose in two of the last eight quarters, with an average decline of 18.5%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 70.4% in Q3 2024, against a decline of 67.5% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.66 (Q2 2026), 6.66 (Q1 2026) and 6.46 (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 | 6.54 |
| Jun 30, 2026 | 7.66 |
| Mar 31, 2026 | 6.66 |
| Dec 31, 2025 | 6.46 |
| Sep 30, 2025 | 7.08 |
| Jun 30, 2025 | 6.40 |
| Mar 31, 2025 | 5.81 |
| Dec 31, 2024 | 6.72 |
| Sep 30, 2024 | 13.65 |
| Jun 30, 2024 | 11.07 |
| Mar 31, 2024 | 10.51 |
| Dec 31, 2023 | 10.46 |
| Sep 30, 2023 | 8.01 |
| Jun 30, 2023 | 7.88 |
| Mar 31, 2023 | 8.07 |
| Dec 31, 2022 | 10.87 |
| Sep 30, 2022 | 9.52 |
| Jun 30, 2022 | 12.28 |
| Mar 31, 2022 | 24.79 |
| Dec 31, 2021 | 33.50 |
API Access
Innovative Industrial Properties EV to CFO 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=ev-to-cfo&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();