Industrial Logistics Properties Trust (ILPT) Operating Leases (2017 - 2026)

Industrial Logistics Properties Trust (ILPT) reported Operating Leases of $11.0 million for Q1 2026, down 21.98% year-over-year from $14.1 million in Q1 2025, and down 5.88% quarter-over-quarter from $11.7 million in Q4 2025.

Industrial Logistics Properties Trust (ILPT) Operating Leases (2017 - 2026) Analysis & Trends

Industrial Logistics Properties Trust (ILPT) has 10 years of Operating Leases data on file, last reported at $11.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $11.0 million, down 21.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.0 million (down 21.98% YoY), and the FY2025 annual result was $11.7 million, down 21.81% from the prior year.
  • Operating Leases declined to $11.0 million in Q1 2026 per ILPT's latest filing, from $11.7 million in the prior quarter.
  • Over five years, Operating Leases peaked at $25.9 million in Q1 2022 and troughed at $11.0 million in Q1 2026.
  • A 5-year average of $17.9 million and a median of $17.6 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2026: Operating Leases surged 84.61% in 2022, then fell 21.98% in 2026.
  • A 5-year view of Operating Leases shows it stood at $22.5 million in 2022, then fell by 17.71% to $18.5 million in 2023, then retreated by 19.41% to $14.9 million in 2024, then retreated by 21.81% to $11.7 million in 2025, then decreased by 5.88% to $11.0 million in 2026.
  • Business Quant data shows ILPT's Operating Leases at $11.0 million in Q1 2026, $11.7 million in Q4 2025, and $12.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn -
8 STAG Industrial 7.40 Bn 7.47 Bn -
9 Terreno Realty 7.04 Bn 7.04 Bn -
10 Industrial Logistics Properties Trust 591.96 Mn 896.44 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 10.99 Mn
Dec 31, 2025 11.68 Mn
Sep 30, 2025 12.41 Mn
Jun 30, 2025 13.24 Mn
Mar 31, 2025 14.09 Mn
Dec 31, 2024 14.94 Mn
Sep 30, 2024 15.80 Mn
Jun 30, 2024 16.69 Mn
Mar 31, 2024 17.61 Mn
Dec 31, 2023 18.53 Mn
Sep 30, 2023 19.47 Mn
Jun 30, 2023 20.42 Mn
Mar 31, 2023 21.44 Mn
Dec 31, 2022 22.52 Mn
Sep 30, 2022 23.63 Mn
Jun 30, 2022 24.76 Mn
Mar 31, 2022 25.94 Mn
Sep 30, 2021 13.04 Mn
Jun 30, 2021 13.51 Mn
Mar 31, 2021 14.05 Mn