Real Estate
Live Price
Offline$23.72
-0.08% today
1Y Change
-0.13%
Window
Jun 25, 2025 → May 29, 2026
Coverage: 234 bars · Jun 25, 2025 → May 29, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Innovative Industrial Properties, Inc. (IIPR-PA) is a Real Estate stock with a market cap of $47.56M and listed on NYSE. The stock last traded around $23.72 and down 0.1% across the available one-year price window (Jun 25, 2025 → May 29, 2026). Baseline metrics include revenue growth of -13.8%, EPS growth of -28.7%, a dividend yield of 14.0%. What stands out right now is revenue -13.8%, EPS -28.7%, free cash flow -32.4% with operating margin 46.8% and ROIC 228.5%. The dividend matters to the case here, with a current yield around 14.0%. Valuation is more restrained than many high-expectation growth names at P/E 12.8 and price/sales 5.7. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines IIPR-PA price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Benchmark Edge
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
IIPR-PA
—
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
IIPR-PA Max Drawdown
-17.40%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Uses the longest available daily history for IIPR-PA and SPY.
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$204.6M
-26.0% YoY
FY Net Income
$114.0M
-26.2% YoY
Free Cash Flow
$188.7M
+235.1% YoY
Revenue Growth
-13.8%
EPS Growth
-28.7%
Gross Margin
74.7%
Net Margin
44.5%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 266M | 309M | 310M | 276M | 205M |
| Gross Profit | 236M | 280M | 285M | 266M | 200M |
| Operating Income | 124M | 168M | 175M | 170M | 135M |
| EBITDA | 209M | 249M | 249M | 233M | 172M |
| Net Income | 114M | 162M | 166M | 154M | 114M |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 48M | 146M | 140M | 87M | 81M |
| Total Assets | 2.4B | 2.4B | 2.4B | 2.4B | 2.1B |
| Total Liabilities | 523M | 442M | 438M | 453M | 473M |
| Shareholder Equity | 1.8B | 1.9B | 2.0B | 2.0B | 1.6B |
| Total Debt | 394M | 298M | 301M | 301M | 326M |
| Net Debt | 346M | 152M | 161M | 214M | 245M |
Cash flow positioning
Latest Full Year
Operating Cash Flow
189M
-19.4% YoY
Capital Expenditures
0
+100.0% YoY
Free Cash Flow
189M
+235.1% YoY
Key ratios
Gross Margin
74.7%
Operating Margin
46.8%
Net Margin
44.5%
ROE
6.3%
Debt / Equity
0.21x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.