Innovative Industrial Properties (IIPR) FCF Payout Ratio (2018 - 2026)
Innovative Industrial Properties' (IIPR) FCF Payout Ratio came in at 1.13 for Q3 2026, down 13.5% from 1.31 a year earlier and down 8.1% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) FCF Payout Ratio (2018 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Payout Ratio at Innovative Industrial Properties was 1.12, down 20.2% year-over-year; for FY2025, it was 1.30, up 8.0% from FY2024.
- In prior years, Innovative Industrial Properties' FCF Payout Ratio was 1.20 in FY2024 (-58.3%) and 2.87 in FY2023.
- Quarterly FCF Payout Ratio has run from a low of 0.94 in Q1 2024 to a high of 4.38 in Q3 2022 over five years.
- On a year-over-year basis, FCF Payout Ratio has declined in each of the last four quarters, with growth averaging 3.8% over the last eight quarters.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q1 2025, with growth of 55.4%; the weakest was Q3 2023, with a decline of 74.3%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 1.23 (Q2 2026), 1.01 (Q1 2026) and 1.13 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | - | 0.04 |
| 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 | 0.90 |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 0.77 |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 1.42 |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - | 1.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.13 |
| Jun 30, 2026 | 1.23 |
| Mar 31, 2026 | 1.01 |
| Dec 31, 2025 | 1.13 |
| Sep 30, 2025 | 1.31 |
| Jun 30, 2025 | 1.33 |
| Mar 31, 2025 | 1.45 |
| Dec 31, 2024 | 1.56 |
| Sep 30, 2024 | 0.97 |
| Jun 30, 2024 | 1.69 |
| Mar 31, 2024 | 0.94 |
| Dec 31, 2023 | 1.12 |
| Sep 30, 2023 | 1.13 |
| Jun 30, 2023 | 3.11 |
| Sep 30, 2022 | 4.38 |
| Mar 31, 2018 | 0.65 |
API Access
Innovative Industrial Properties FCF Payout Ratio 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=fcf-payout-ratio&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();