Innovative Industrial Properties (IIPR) EV to EBITDA (2017 - 2026)
Innovative Industrial Properties' (IIPR) EV to EBITDA stood at 7.16 in Q2 2026, up 9.1% from 6.56 a year earlier and up 6.1% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) EV to EBITDA (2017 - 2026) Analysis & Trends
On a TTM basis, Innovative Industrial Properties' EV to EBITDA came in at 6.31 as of Jun 30, 2026, up 40.8% year-over-year; for FY2025, it was 6.46, down 11.1% from FY2024.
- Across earlier years, EV to EBITDA came in at 7.26 in FY2024 (-34.3%), 11.06 in FY2023 (+0.3%), 11.02 in FY2022 (-69.1%) and 35.69 in FY2021 (+23.9%).
- The Q2 2026 figure is the highest quarterly EV to EBITDA since Q4 2024.
- On a year-over-year basis, EV to EBITDA rose in three of the last eight quarters, with an average decline of 10.6%.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 86.7% in Q3 2024, against a decline of 69.1% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.75 (Q1 2026), 6.46 (Q4 2025) and 7.02 (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 | 7.16 |
| Mar 31, 2026 | 6.75 |
| Dec 31, 2025 | 6.46 |
| Sep 30, 2025 | 7.02 |
| Jun 30, 2025 | 6.56 |
| Mar 31, 2025 | 6.03 |
| Dec 31, 2024 | 7.26 |
| Sep 30, 2024 | 15.17 |
| Jun 30, 2024 | 12.19 |
| Mar 31, 2024 | 11.46 |
| Dec 31, 2023 | 11.06 |
| Sep 30, 2023 | 8.13 |
| Jun 30, 2023 | 7.90 |
| Mar 31, 2023 | 8.12 |
| Dec 31, 2022 | 11.02 |
| Sep 30, 2022 | 9.76 |
| Jun 30, 2022 | 12.88 |
| Mar 31, 2022 | 26.28 |
| Dec 31, 2021 | 35.69 |
| Sep 30, 2021 | 30.68 |
API Access
Innovative Industrial Properties EV to EBITDA 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-ebitda&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();