Innovative Industrial Properties (IIPR) Land & Improvements (2018 - 2026)
Innovative Industrial Properties (IIPR) reported Land & Improvements of $141.29 million for Q2 2026, down 2.6% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Land & Improvements (2018 - 2026) Analysis & Trends
At the end of FY2025, Innovative Industrial Properties posted Land & Improvements of $146.32 million, down 0.3% from FY2024.
- Land & Improvements has a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- By year, Land & Improvements came in at $146.77 million in FY2024 (+3.0%), $142.52 million in FY2023 (+1.8%), $139.95 million in FY2022 (+14.4%) and $122.39 million in FY2021 (+61.8%).
- The Q2 2026 figure ranks as the lowest quarterly Land & Improvements since Q4 2022.
- The high point for year-over-year Land & Improvements in five years was Q1 2022 (growth of 64.9%); the low point was Q4 2025 (a decline of 0.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | 7.24 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 | - | 18.91 Bn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 6.00 Bn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 3.26 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 5.15 Bn |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | 5.52 Bn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 141.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 141.29 Mn |
| Mar 31, 2026 | 145.10 Mn |
| Dec 31, 2025 | 146.32 Mn |
| Dec 31, 2024 | 146.77 Mn |
| Sep 30, 2024 | 146.04 Mn |
| Jun 30, 2024 | 142.89 Mn |
| Mar 31, 2024 | 142.52 Mn |
| Dec 31, 2023 | 142.52 Mn |
| Sep 30, 2023 | 142.52 Mn |
| Jun 30, 2023 | 142.52 Mn |
| Mar 31, 2023 | 142.52 Mn |
| Dec 31, 2022 | 139.95 Mn |
| Sep 30, 2022 | 140.19 Mn |
| Jun 30, 2022 | 136.12 Mn |
| Mar 31, 2022 | 131.93 Mn |
| Dec 31, 2021 | 122.39 Mn |
| Sep 30, 2021 | 98.93 Mn |
| Jun 30, 2021 | 91.66 Mn |
| Mar 31, 2021 | 79.99 Mn |
| Dec 31, 2020 | 75.66 Mn |
API Access
Innovative Industrial Properties Land & Improvements 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=land-and-improvements&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "land-and-improvements", "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=land-and-improvements&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();