Innovative Industrial Properties (IIPR) Interest Coverage Ratio (2017 - 2026)
Innovative Industrial Properties (IIPR) reported Interest Coverage Ratio of 5.12 for Q1 2026, down 32.2% on a YoY basis from 7.55 in Q1 2025, and up 8.08% sequentially from 4.73 in Q4 2025.
Innovative Industrial Properties (IIPR) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Innovative Industrial Properties (IIPR) has 10 years of Interest Coverage Ratio data on file, last reported at 5.12 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 32.2% year-over-year to 5.12; the trailing twelve-month figure through Mar 2026 stood at 5.56 (down 19.79% YoY), and the FY2025 full-year result was 6.15, down 35.48% from the prior year.
- Interest Coverage Ratio rose to 5.12 in Q1 2026, from 4.73 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 10.13 in Q3 2023 to a low of 4.26 in Q4 2024.
- A 5-year average of 7.64 and a median of 8.37 in 2022 frame the typical range for Interest Coverage Ratio.
- Peak annual rise in Interest Coverage Ratio reached 59.3% in 2022, while the deepest fall reached 69.01% in 2022.
- Tracing IIPR's Interest Coverage Ratio over 5 years: stood at 4.75 in 2022, then gained by 0.33% to 4.77 in 2023, then fell by 10.75% to 4.26 in 2024, then climbed by 11.2% to 4.73 in 2025, then advanced by 8.08% to 5.12 in 2026.
- Business Quant data shows IIPR's Interest Coverage Ratio at 5.12 in Q1 2026, 4.73 in Q4 2025, and 6.5 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 136.72 Bn | 136.72 Bn | 2.24 Bn | 5.77 |
| 2 | Public Storage | 56.92 Bn | 56.79 Bn | 1.18 Bn | 5.14 |
| 3 | Extra Space Storage | 31.35 Bn | 31.35 Bn | 617.72 Mn | 2.28 |
| 4 | Eastgroup Properties | 11.31 Bn | 11.31 Bn | 193.10 Mn | 8.74 |
| 5 | Lineage | 9.72 Bn | 9.65 Bn | 417.00 Mn | 0.40 |
| 6 | CubeSmart | 9.62 Bn | 9.62 Bn | 191.86 Mn | 0.67 |
| 7 | Rexford Industrial Realty | 8.86 Bn | 8.81 Bn | - | - |
| 8 | STAG Industrial | 7.76 Bn | 7.76 Bn | - | - |
| 9 | Terreno Realty | 7.66 Bn | 7.66 Bn | - | - |
| 10 | Innovative Industrial Properties | 1.72 Bn | 1.72 Bn | - | 5.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.12 |
| Dec 31, 2025 | 4.73 |
| Sep 30, 2025 | 6.50 |
| Jun 30, 2025 | 6.50 |
| Mar 31, 2025 | 7.55 |
| Dec 31, 2024 | 4.26 |
| Sep 30, 2024 | 9.48 |
| Jun 30, 2024 | 9.80 |
| Mar 31, 2024 | 9.58 |
| Dec 31, 2023 | 4.77 |
| Sep 30, 2023 | 10.13 |
| Jun 30, 2023 | 9.71 |
| Mar 31, 2023 | 9.59 |
| Dec 31, 2022 | 4.75 |
| Sep 30, 2022 | 9.16 |
| Jun 30, 2022 | 9.80 |
| Mar 31, 2022 | 8.37 |
| Dec 31, 2021 | 15.34 |
| Sep 30, 2021 | 5.75 |
| Jun 30, 2021 | 8.92 |