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Innovative Industrial Properties stock: growth
IIPRInnovative Industrial Properties reported $265.96M in revenue for fiscal 2025, down 13.8% on the prior year, up 17.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
47%
per year from 2015 to 2025, per share 11.3%
Earnings (Annual rate)
36.8%
per year from 2015 to 2025, per share 3.3%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | |
|---|---|---|
| Revenue | 17.9% | 47.0% |
| Revenue per share | 9.6% | 11.3% |
| Earnings | 11.7% | 36.8% |
| Earnings per share | 3.9% | 3.3% |
| Free cash flow | no data | no data |
| Free cash flow per share | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2015 | $5.63M | $4.99M | $0 |
| 2016 | $321K | −$4.39M | −$28.34M |
| 2017 | $6.42M | −$72K | −$896K |
| 2018 | $14.79M | $6.99M | −$6.6M |
| 2019 | $44.67M | $23.48M | −$298.98M |
| 2020 | $116.9M | $65.73M | −$419.01M |
| 2021 | $204.55M | $113.99M | $188.75M |
| 2022 | $276.36M | $154.39M | −$139.75M |
| 2023 | $309.51M | $165.59M | $255.54M |
| 2024 | $308.52M | $161.66M | $258.45M |
| 2025 | $265.96M | $114.44M | $174.76M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 8 Nov 2024)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.