Innovative Industrial Properties (IIPR) Total Debt (2021 - 2026)
Innovative Industrial Properties (IIPR) posted Total Debt of $695.96 million for Q3 2026, up 104.6% from $340.23 million a year earlier and up 14.3% from the prior quarter.
Powered by 
Analysis
Innovative Industrial Properties (IIPR) Total Debt (2021 - 2026) Analysis & Trends
At the end of FY2025, Innovative Industrial Properties' Total Debt came in at $393.1 million, up 32.0% from FY2024.
- Annual Total Debt has increased for four consecutive years, with a four-year compound annual growth rate of 7.5% (FY2021 to FY2025).
- In prior years, Innovative Industrial Properties' Total Debt was $297.87 million in FY2024 (+0.5%), $296.45 million in FY2023 (+0.5%), $295.12 million in FY2022 (+0.4%) and $293.86 million in FY2021.
- The Q3 2026 figure stands as the highest quarterly Total Debt in data going back to Q2 2021.
- On a year-over-year basis, Total Debt has increased in each of the last five quarters, with growth averaging 35.4% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q2 2026, with growth of 110.1%; the weakest was Q1 2025, with a decline of 2.5%.
- According to Business Quant data, Total Debt for the three prior quarters was $609.03 million (Q2 2026), $365.98 million (Q1 2026) and $393.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | 15.73 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 36.83 Bn |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 28.70 Bn |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 11.99 Bn |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 30.76 Bn |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 12.44 Bn |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 13.41 Bn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 16.92 Bn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 9.09 Bn |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - | 695.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 695.96 Mn |
| Jun 30, 2026 | 609.03 Mn |
| Mar 31, 2026 | 365.98 Mn |
| Dec 31, 2025 | 393.10 Mn |
| Sep 30, 2025 | 340.23 Mn |
| Jun 30, 2025 | 289.86 Mn |
| Mar 31, 2025 | 289.50 Mn |
| Dec 31, 2024 | 297.87 Mn |
| Sep 30, 2024 | 297.50 Mn |
| Jun 30, 2024 | 297.15 Mn |
| Mar 31, 2024 | 296.80 Mn |
| Dec 31, 2023 | 296.45 Mn |
| Sep 30, 2023 | 296.11 Mn |
| Jun 30, 2023 | 295.77 Mn |
| Mar 31, 2023 | 295.44 Mn |
| Dec 31, 2022 | 295.12 Mn |
| Sep 30, 2022 | 294.79 Mn |
| Jun 30, 2022 | 294.48 Mn |
| Mar 31, 2022 | 294.17 Mn |
| Dec 31, 2021 | 293.86 Mn |
API Access
Innovative Industrial Properties Total Debt 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=total-debt&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();