IIPR
What one share of Innovative Industrial Properties holds
Real Estate
We are an internally-managed REIT focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Our properties are primarily leased to experienced, state-licensed operators for their regulated cannabis facilities.
Innovative Industrial Properties’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $9.16 |
|---|---|
| Profit | $4.43 |
| Dividends | $7.50 |
| Cash and investments | $7.43 |
| Debt | $4.55 |
| Book value | $67.16 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2017 | $1.90 | −$0.13 | $1.75 | −$0.27 | $0.55 | $21.01 |
| 2018 | $2.03 | $0.75 | — | $2.15 | — | $27.04 |
| 2019 | $4.18 | $2.03 | — | $4.21 | — | $43.37 |
| 2020 | $5.98 | $3.27 | — | $5.67 | — | $63.71 |
| 2021 | $7.79 | $4.55 | — | $7.19 | — | $62.93 |
| 2022 | $9.99 | $5.52 | — | $8.46 | — | $70.14 |
| 2023 | $10.95 | $5.77 | — | $9.04 | — | $69.40 |
| 2024 | $10.81 | $5.53 | — | $9.06 | — | $68.34 |
| 2025 | $9.37 | $3.93 | — | $6.98 | — | $65.95 |