Innovative Industrial Properties (IIPR) EV to CFO (2017 - 2026)
Innovative Industrial Properties' (IIPR) EV to CFO stood at 7.66 in Q2 2026, up 19.6% from 6.40 a year earlier and up 15.0% 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 6.75 as of Jun 30, 2026, up 54.3% 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%).
- The Q2 2026 figure is the highest quarterly EV to CFO since Q3 2024.
- On a year-over-year basis, EV to CFO rose in three of the last eight quarters, with an average decline of 8.8%.
- 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 6.66 (Q1 2026), 6.46 (Q4 2025) and 7.08 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - |
| 6 | Ventas | 39.19 Bn | 37.87 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 |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 27.68 |
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();