Innovative Industrial Properties (IIPR) FCF Margin (2017 - 2026)

Innovative Industrial Properties has disclosed FCF Margin across 10 years of filings, most recently posting 81.21% for Q1 2026.

• FCF Margin for Q1 2026 came in at 81.21%, up 1654.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 75.97% (up 556.0% YoY), and the FY2025 annual result was 71.57%, down 615.0% from the prior year.
• FCF Margin came in at 81.21% for Q1 2026 at Innovative Industrial Properties, up from 74.87% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 94.85% in Q1 2024 to a low of 27.86% in Q2 2022.
• The 5-year median for FCF Margin is 74.87% (2025), against an average of 63.82%.
• Across the five-year window, FCF Margin surged 26339 bps in 2022 and tumbled 3017 bps in 2025, its largest moves.
• Innovative Industrial Properties' FCF Margin stood at 78.56% in 2022, then increased by 6 bps to 83.48% in 2023, then retreated by 19 bps to 67.97% in 2024, then grew by 10 bps to 74.87% in 2025, then grew by 8 bps to 81.21% in 2026.
• The last three FCF Margin figures came in at 81.21% (Q1 2026), 74.87% (Q4 2025), and 70.48% (Q3 2025), per Business Quant data.