Innovative Industrial Properties (IIPR) Price to Sales (2017 - 2026)
Innovative Industrial Properties' Price to Sales came in at 5.51 for Q3 2026, up 1.2% from 5.44 a year earlier but down 15.1% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Price to Sales (2017 - 2026) Analysis & Trends
For FY2025, Innovative Industrial Properties' Price to Sales was 4.99, down 18.5% from FY2024.
- Price to Sales has declined in each of the last four years.
- Going back by year, Price to Sales was 6.12 in FY2024 (-33.2%), 9.17 in FY2023 (-10.6%), 10.26 in FY2022 (-68.8%) and 32.92 in FY2021 (+8.1%).
- The five-year range for quarterly Price to Sales is 4.99 (Q4 2025) to 32.92 (Q4 2021).
- Year-over-year, Price to Sales has increased for three consecutive quarters, with an average decline of 21.4% over the last eight quarters.
- The fastest year-over-year change in Price to Sales over five years came in Q3 2024 (growth of 73.9%), and the weakest in Q3 2022 (a decline of 69.1%).
- Business Quant data shows IIPR's Price to Sales at 6.48 (Q2 2026), 5.40 (Q1 2026) and 4.99 (Q4 2025) in the three quarters before Q3 2026.
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 | 5.51 |
| Jun 30, 2026 | 6.48 |
| Mar 31, 2026 | 5.40 |
| Dec 31, 2025 | 4.99 |
| Sep 30, 2025 | 5.44 |
| Jun 30, 2025 | 5.37 |
| Mar 31, 2025 | 5.04 |
| Dec 31, 2024 | 6.12 |
| Sep 30, 2024 | 12.26 |
| Jun 30, 2024 | 9.91 |
| Mar 31, 2024 | 9.50 |
| Dec 31, 2023 | 9.17 |
| Sep 30, 2023 | 7.05 |
| Jun 30, 2023 | 6.97 |
| Mar 31, 2023 | 7.40 |
| Dec 31, 2022 | 10.26 |
| Sep 30, 2022 | 9.35 |
| Jun 30, 2022 | 12.40 |
| Mar 31, 2022 | 23.71 |
| Dec 31, 2021 | 32.92 |
API Access
Innovative Industrial Properties Price to Sales 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=price-to-sales&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();