Innovative Industrial Properties (IIPR) Times Interest Earned (2019 - 2026)
Innovative Industrial Properties' (IIPR) Times Interest Earned came in at 2.49 for Q3 2026, down 61.8% from 6.50 a year earlier and down 49.9% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Times Interest Earned (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Times Interest Earned at Innovative Industrial Properties was 4.07, down 45.4% year-over-year; for FY2025, it was 6.15, down 35.5% from FY2024.
- In prior years, Innovative Industrial Properties' Times Interest Earned was 9.53 in FY2024 (-4.7%), 10.00 in FY2023 (+7.8%), 9.27 in FY2022 (+23.8%) and 7.48 in FY2021 (-20.2%).
- The Q3 2026 figure stands as the lowest quarterly Times Interest Earned since Q2 2019.
- On a year-over-year basis, Times Interest Earned has declined in each of the last nine quarters, with an average decline of 33.2% over the last eight quarters.
- The strongest year-over-year quarter for Times Interest Earned in the past five years was Q3 2022, with growth of 59.3%; the weakest was Q3 2026, with a decline of 61.8%.
- According to Business Quant data, Times Interest Earned for the three prior quarters was 4.97 (Q2 2026), 5.12 (Q1 2026) and 4.73 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | - |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 3.64 |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 2.93 |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 3.09 |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 2.37 |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 1.33 |
| 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 | 2.59 |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 2.46 |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - | 2.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.49 |
| Jun 30, 2026 | 4.97 |
| 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 | 9.26 |
| Sep 30, 2024 | 9.48 |
| Jun 30, 2024 | 9.80 |
| Mar 31, 2024 | 9.58 |
| Dec 31, 2023 | 10.60 |
| Sep 30, 2023 | 10.13 |
| Jun 30, 2023 | 9.71 |
| Mar 31, 2023 | 9.59 |
| Dec 31, 2022 | 9.79 |
| Sep 30, 2022 | 9.16 |
| Jun 30, 2022 | 9.80 |
| Mar 31, 2022 | 8.37 |
| Dec 31, 2021 | 6.19 |
API Access
Innovative Industrial Properties Times Interest Earned 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=times-interest-earned&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();