Innovative Industrial Properties (IIPR) EV to EBIT (2018 - 2026)
Innovative Industrial Properties' (IIPR) EV to EBIT came in at 9.66 for Q3 2026, down 11.1% from 10.87 a year earlier and down 12.9% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) EV to EBIT (2018 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to EBIT at Innovative Industrial Properties was 7.15, down 10.3% year-over-year; for FY2025, it was 10.31, down 0.1% from FY2024.
- In prior years, Innovative Industrial Properties' EV to EBIT was 10.32 in FY2024 (-32.6%), 15.31 in FY2023 (+2.0%), 15.01 in FY2022 (-67.9%) and 46.70 in FY2021 (+15.7%).
- The Q3 2026 figure stands as the lowest quarterly EV to EBIT since Q1 2025.
- On a year-over-year basis, EV to EBIT increased in two of the last eight quarters, with an average decline of 18.0%.
- The strongest year-over-year quarter for EV to EBIT in the past five years was Q3 2024, with growth of 90.6%; the weakest was Q4 2022, with a decline of 67.9%.
- According to Business Quant data, EV to EBIT for the three prior quarters was 11.09 (Q2 2026), 10.82 (Q1 2026) and 10.31 (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 | 9.66 |
| Jun 30, 2026 | 11.09 |
| Mar 31, 2026 | 10.82 |
| Dec 31, 2025 | 10.31 |
| Sep 30, 2025 | 10.87 |
| Jun 30, 2025 | 9.82 |
| Mar 31, 2025 | 8.75 |
| Dec 31, 2024 | 10.32 |
| Sep 30, 2024 | 21.38 |
| Jun 30, 2024 | 17.04 |
| Mar 31, 2024 | 15.93 |
| Dec 31, 2023 | 15.31 |
| Sep 30, 2023 | 11.21 |
| Jun 30, 2023 | 10.91 |
| Mar 31, 2023 | 11.13 |
| Dec 31, 2022 | 15.01 |
| Sep 30, 2022 | 13.17 |
| Jun 30, 2022 | 17.12 |
| Mar 31, 2022 | 34.61 |
| Dec 31, 2021 | 46.70 |
API Access
Innovative Industrial Properties EV to EBIT 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-ebit&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();