Innovative Industrial Properties (IIPR) FCF Payout Ratio (2017 - 2026)
Innovative Industrial Properties (IIPR) posted FCF Payout Ratio of 1.01 for Q1 2026, down 35.32% sequentially from 1.57 in Q4 2025, and down 13.38% YoY from 1.17 in Q1 2025.
Innovative Industrial Properties (IIPR) FCF Payout Ratio (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has reported FCF Payout Ratio for 10 years, with the latest figure at 1.01 in Q1 2026.
- Quarterly FCF Payout Ratio fell 13.38% year-over-year to 1.01 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.19 (up 17.23% YoY) and the FY2025 annual result came in at 1.24, up 40.01% from the prior year.
- FCF Payout Ratio declined to 1.01 in Q1 2026 per IIPR's latest filing, from 1.57 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 3.8 in Q1 2022 and troughed at 3.43 in Q2 2023.
- A 5-year average of 0.86 and a median of 0.99 in 2025 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio jumped 596.69% in 2022, then sank 1168.39% in 2023.
- Over 5 years, FCF Payout Ratio stood at 0.91 in 2022, then retreated by 14.59% to 0.78 in 2023, then soared by 33.47% to 1.04 in 2024, then soared by 50.61% to 1.57 in 2025, then plunged by 35.32% to 1.01 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 1.01, 1.57, and 0.99 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | - |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 0.84 |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 0.80 |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | 0.79 |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | 0.73 |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | 0.91 |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | 1.65 |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | -0.56 |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | -0.48 |
| 10 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - | 1.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 |
| Mar 31, 2026 | 1.01 |
| Dec 31, 2025 | 1.57 |
| Sep 30, 2025 | 0.99 |
| Jun 30, 2025 | 1.35 |
| Mar 31, 2025 | 1.17 |
| Dec 31, 2024 | 1.04 |
| Sep 30, 2024 | 0.61 |
| Jun 30, 2024 | 1.99 |
| Mar 31, 2024 | 0.73 |
| Dec 31, 2023 | 0.78 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | -3.43 |
| Mar 31, 2023 | 1.71 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | -0.27 |
| Mar 31, 2022 | 3.80 |
| Dec 31, 2021 | -0.18 |
| Sep 30, 2021 | 1.70 |