Innovative Industrial Properties (IIPR) Market Capitalization (2016 - 2026)
Innovative Industrial Properties (IIPR) reported Market Capitalization of $1.45 billion for Q3 2026, down 3.2% from $1.5 billion a year earlier and down 15.0% from the prior quarter.
Powered by 
Analysis
Innovative Industrial Properties (IIPR) Market Capitalization (2016 - 2026) Analysis & Trends
For FY2025, Innovative Industrial Properties posted Market Capitalization of $1.33 billion, down 29.7% from FY2024.
- Market Capitalization has a five-year compound annual growth rate of -17.9% (FY2020 to FY2025).
- By year, Market Capitalization came in at $1.89 billion in FY2024 (-33.5%), $2.84 billion in FY2023 (+0.1%), $2.84 billion in FY2022 (-57.9%) and $6.73 billion in FY2021 (+89.1%).
- Five-year quarterly Market Capitalization spans a low of $1.33 billion in Q4 2025 and a high of $6.73 billion in Q4 2021.
- Year over year, Market Capitalization gained in 1 of the last eight quarters, with an average decline of 27.7%.
- The high point for year-over-year Market Capitalization in five years was Q4 2021 (growth of 89.1%); the low point was Q3 2025 (a decline of 60.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.71 billion (Q2 2026), $1.42 billion (Q1 2026) and $1.33 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 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 |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.45 Bn |
| Jun 30, 2026 | 1.71 Bn |
| Mar 31, 2026 | 1.42 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.50 Bn |
| Jun 30, 2025 | 1.55 Bn |
| Mar 31, 2025 | 1.53 Bn |
| Dec 31, 2024 | 1.89 Bn |
| Sep 30, 2024 | 3.81 Bn |
| Jun 30, 2024 | 3.09 Bn |
| Mar 31, 2024 | 2.93 Bn |
| Dec 31, 2023 | 2.84 Bn |
| Sep 30, 2023 | 2.12 Bn |
| Jun 30, 2023 | 2.05 Bn |
| Mar 31, 2023 | 2.13 Bn |
| Dec 31, 2022 | 2.84 Bn |
| Sep 30, 2022 | 2.48 Bn |
| Jun 30, 2022 | 3.07 Bn |
| Mar 31, 2022 | 5.36 Bn |
| Dec 31, 2021 | 6.73 Bn |
API Access
Innovative Industrial Properties Market Capitalization 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=market-capitalization&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();