IIPR

IIPR – Dividend Returns, History & Calculator

Dividend Challenger 8 Years

Dividend Data

Div Yield 10.44%

5Y Avg Yield 9.72%

Current Div $1.900

Payouts/Year 3

Annualized $5.700

Previous Div $1.900

Ex-date Mar 31, 2026

Dividend Pay Date Apr 15, 2026

Price Data

Price $54.60

Price Change +0.62

Price Change % +1.15%

Next Earnings Report May 4, 2026

Low (52W) $44.58

High (52W) $61.40

Growth Rates

Chowder Number 20.1

DGR 1Y 0.0%

DGR 3Y 2.1%

DGR 5Y 9.7%

Total Returns

TTR 1Y - With Specials 26.4%

TTR 3Y - With Specials 6.6%

TTR 1Y - No Specials 26.4%

TTR 3Y - No Specials 6.6%

Fair Value

Fair Value (P/E 10) $90.99

FV (P/E 10) % -40.0%

Fair Value (Peter Lynch) $98.00

FV (Peter Lynch) % -44.0%

Fair Value (Blended) $101.09

FV (Blended) % -46.0%

Financial Metrics

Revenue 1Y -13.8%

NPM 43.4%

CF/Share $6.95

ROE 6.3%

Current R 0.4x

ROTC 5.4%

P/E 13.9x

P/BV 0.9x

PEG 1.17

Company Info

Symbol IIPR

Company Innovative Industrial Propertie

Sector Real Estate

Industry REIT - Industrial

Website Visit

Market Cap $1,571.1M

📊 Financial data last updated: May 18, 2026 3:11 pm

IIPR 10-yr Total Return ($10,000 invested)

This analysis of IIPR demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 20.8% CAGR, representing exceptional long-term performance. The DRIP strategy provided 18% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

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Date	With DRIP	No DRIP	DRIP Advantage	Dividend
2017-06-28	$10,089	$10,089	$0	$0.150
2017-09-28	$11,074	$11,066	$9	$0.150
2017-12-28	$17,397	$17,282	$115	$0.250
2018-03-28	$16,140	$16,057	$83	$0.250
2018-06-28	$21,825	$21,545	$279	$0.250
2018-09-27	$28,957	$28,384	$574	$0.350
2018-12-28	$28,771	$28,206	$565	$0.350
2019-03-28	$53,379	$51,445	$1,934	$0.450
2019-06-27	$75,817	$72,522	$3,294	$0.600
2019-09-27	$61,140	$58,804	$2,336	$0.780
2019-12-30	$47,538	$46,193	$1,345	$1.000
2020-03-30	$52,509	$50,740	$1,769	$1.000
2020-06-29	$59,954	$57,466	$2,488	$1.060
2020-09-29	$83,493	$78,484	$5,008	$1.170
2020-12-30	$123,763	$114,109	$9,654	$1.240
2021-03-30	$119,983	$110,787	$9,196	$1.320
2021-06-29	$132,636	$121,824	$10,813	$1.400
2021-09-29	$159,097	$144,737	$14,360	$1.500
2021-12-30	$180,712	$163,333	$17,379	$1.500
2022-03-30	$143,075	$131,137	$11,938	$1.750
2022-06-29	$78,458	$76,329	$2,129	$1.750
2022-09-29	$63,738	$64,038	$-300	$1.800
2022-12-29	$74,946	$73,209	$1,737	$1.800
2023-03-30	$56,198	$58,135	$-1,937	$1.800
2023-06-29	$57,390	$59,070	$-1,681	$1.800
2023-09-28	$58,008	$59,544	$-1,536	$1.800
2023-12-28	$82,817	$78,105	$4,712	$1.820
2024-03-27	$85,507	$80,083	$5,425	$1.820
2024-06-28	$91,055	$84,091	$6,964	$1.900
2024-09-30	$113,798	$100,243	$13,555	$1.900
2024-12-31	$57,947	$61,131	$-3,184	$1.900
2025-03-31	$48,687	$54,825	$-6,139	$1.900
2025-06-30	$51,414	$56,619	$-5,205	$1.900
2025-09-30	$51,656	$56,773	$-5,117	$1.900
2025-12-31	$47,491	$54,216	$-6,724	$1.900
2026-03-31	$52,204	$56,998	$-4,794	$1.900

Total Return with and without DRIP (IIPR)

Over the selected period, investing $10,000 in IIPR would grow to $108,920 with DRIP (989.2%), and $99,066 without DRIP (890.7%).

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DRIP (Dividend Reinvestment)

All cash dividends are immediately reinvested at the closing price for the period to purchase additional shares, compounding over time.

No DRIP

Dividends are collected as cash and not reinvested. Total return equals share value plus accumulated cash dividends.

Initial Investment

Starting amount used to buy shares on the first date in the series. Both DRIP and NoâDRIP scenarios use the same initial value.

Data Source

Historical dividends and prices come from the cached dataset used across the site. Values are splitâadjusted where applicable.

IIPR Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in IIPR with historic price growth (13.33%) and dividend growth (32.59%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $9,223,527,241

Annual Dividend: $22,248,449,547

Yield on Cost: 65,436,616.31%

Total Dividends: $8,547,342,070

No DRIP

Portfolio: $1,878,631

Total Dividends: $1,648,413

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $68,995,904,445,696,337,510,400

Annual Dividend: $799,846,639,525,821,482,532,864

Yield on Cost: 1,738,797,042,447,438,053,376.00%

Total Dividends: $67,354,410,588,595,864,731,648

No DRIP

Portfolio: $30,036,760

Total Dividends: $29,208,188

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $2,138,971 against a total investment of $25,600. At this point, your portfolio is throwing off $2,164,990 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $185,738,323, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $8,547,342,070 versus $34,000 invested, nearly a 25,139,241% recovery of capital purely from income. Yield on cost reaches 65,436,616.31%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $3,901,534,601,842,228 is greater than total contributions to date ($40,000), and cumulative dividends exceed $708,765,579,853,202.

By year 30, the DRIP snowball is in full force. Yearly income reaches $799,846,639,525,821,482,532,864, cumulative dividends total $67,354,410,588,595,864,731,648, and the DRIP portfolio value stands at $68,995,904,445,696,337,510,400, compared with $30,036,760 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for IIPR, price $54.58, dividend per period $1.90 (3x/year), along with historic growth assumptions: price growth 13.33% and dividend growth 32.59% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for IIPR

Based on past 10-year performance, here are IIPR growth metrics:

Share price CAGR of +0.00%

Dividend CAGR of +0.00%

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

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Date	Dividend	Share Price	Yield %	TTM Dividend	TTM Yield %
2017-06-28	$0.1500	$16.89	0.89%	$0.1500	0.89%
2017-09-28	$0.1500	$18.39	0.82%	$0.3000	1.63%
2017-12-28	$0.2500	$28.64	0.87%	$0.5500	1.92%
2018-03-28	$0.2500	$26.32	0.95%	$0.8000	3.04%
2018-06-28	$0.2500	$35.34	0.71%	$0.9000	2.55%
2018-09-27	$0.3500	$46.54	0.75%	$1.1000	2.36%
2018-12-28	$0.3500	$45.89	0.76%	$1.2000	2.61%
2019-03-28	$0.4500	$84.69	0.53%	$1.4000	1.65%
2019-06-27	$0.6000	$119.69	0.50%	$1.7500	1.46%
2019-09-27	$0.7800	$95.74	0.81%	$2.1800	2.28%
2019-12-30	$1.0000	$73.44	1.36%	$2.8300	3.85%
2020-03-30	$1.0000	$80.12	1.25%	$3.3800	4.22%
2020-06-29	$1.0600	$90.42	1.17%	$3.8400	4.25%
2020-09-29	$1.1700	$124.75	0.94%	$4.2300	3.39%
2020-12-30	$1.2400	$183.68	0.68%	$4.4700	2.43%
2021-03-30	$1.3200	$176.75	0.75%	$4.7900	2.71%
2021-06-29	$1.4000	$193.99	0.72%	$5.1300	2.64%
2021-09-29	$1.5000	$231.19	0.65%	$5.4600	2.36%
2021-12-30	$1.5000	$261.10	0.57%	$5.7200	2.19%
2022-03-30	$1.7500	$204.97	0.85%	$6.1500	3.00%
2022-06-29	$1.7500	$110.65	1.58%	$6.5000	5.87%
2022-09-29	$1.8000	$88.09	2.04%	$6.8000	7.72%
2022-12-29	$1.8000	$101.78	1.77%	$7.1000	6.98%
2023-03-30	$1.8000	$74.52	2.42%	$7.1500	9.59%
2023-06-29	$1.8000	$74.30	2.42%	$7.2000	9.69%
2023-09-28	$1.8000	$73.30	2.46%	$7.2000	9.82%
2023-12-28	$1.8200	$102.83	1.77%	$7.2200	7.02%
2024-03-27	$1.8200	$104.35	1.74%	$7.2400	6.94%
2024-06-28	$1.9000	$109.22	1.74%	$7.3400	6.72%
2024-09-30	$1.9000	$134.60	1.41%	$7.4400	5.53%
2024-12-31	$1.9000	$66.64	2.85%	$7.5200	11.28%
2025-03-31	$1.9000	$54.09	3.51%	$7.6000	14.05%
2025-06-30	$1.9000	$55.22	3.44%	$7.6000	13.76%
2025-09-30	$1.9000	$53.58	3.55%	$7.6000	14.18%
2025-12-31	$1.9000	$47.36	4.01%	$7.6000	16.05%
2026-03-31	$1.9000	$50.16	3.79%	$7.6000	15.15%

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

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Date	Dividend	Share Price	Yield %	QoQ Change
2017-06-28	$0.1500	$16.89	0.89%	N/A
2017-09-28	$0.1500	$18.39	0.82%	+0.0%
2017-12-28	$0.2500	$28.64	0.87%	+66.7%
2018-03-28	$0.2500	$26.32	0.95%	+0.0%
2018-06-28	$0.2500	$35.34	0.71%	+0.0%
2018-09-27	$0.3500	$46.54	0.75%	+40.0%
2018-12-28	$0.3500	$45.89	0.76%	+0.0%
2019-03-28	$0.4500	$84.69	0.53%	+28.6%
2019-06-27	$0.6000	$119.69	0.50%	+33.3%
2019-09-27	$0.7800	$95.74	0.81%	+30.0%
2019-12-30	$1.0000	$73.44	1.36%	+28.2%
2020-03-30	$1.0000	$80.12	1.25%	+0.0%
2020-06-29	$1.0600	$90.42	1.17%	+6.0%
2020-09-29	$1.1700	$124.75	0.94%	+10.4%
2020-12-30	$1.2400	$183.68	0.68%	+6.0%
2021-03-30	$1.3200	$176.75	0.75%	+6.5%
2021-06-29	$1.4000	$193.99	0.72%	+6.1%
2021-09-29	$1.5000	$231.19	0.65%	+7.1%
2021-12-30	$1.5000	$261.10	0.57%	+0.0%
2022-03-30	$1.7500	$204.97	0.85%	+16.7%
2022-06-29	$1.7500	$110.65	1.58%	+0.0%
2022-09-29	$1.8000	$88.09	2.04%	+2.9%
2022-12-29	$1.8000	$101.78	1.77%	+0.0%
2023-03-30	$1.8000	$74.52	2.42%	+0.0%
2023-06-29	$1.8000	$74.30	2.42%	+0.0%
2023-09-28	$1.8000	$73.30	2.46%	+0.0%
2023-12-28	$1.8200	$102.83	1.77%	+1.1%
2024-03-27	$1.8200	$104.35	1.74%	+0.0%
2024-06-28	$1.9000	$109.22	1.74%	+4.4%
2024-09-30	$1.9000	$134.60	1.41%	+0.0%
2024-12-31	$1.9000	$66.64	2.85%	+0.0%
2025-03-31	$1.9000	$54.09	3.51%	+0.0%
2025-06-30	$1.9000	$55.22	3.44%	+0.0%
2025-09-30	$1.9000	$53.58	3.55%	+0.0%
2025-12-31	$1.9000	$47.36	4.01%	+0.0%
2026-03-31	$1.9000	$50.16	3.79%	+0.0%

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

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Date	Dividend	TTM Yield	5-yr Avg Yield	YoY Change
2017-06-28	$0.1500	0.89%	0.89%	N/A
2017-09-28	$0.1500	1.63%	1.26%	N/A
2017-12-28	$0.2500	1.92%	1.48%	N/A
2018-03-28	$0.2500	3.04%	1.87%	433.3%
2018-06-28	$0.2500	2.55%	2.01%	200.0%
2018-09-27	$0.3500	2.36%	2.06%	100.0%
2018-12-28	$0.3500	2.61%	2.14%	50.0%
2019-03-28	$0.4500	1.65%	2.08%	55.6%
2019-06-27	$0.6000	1.46%	2.01%	59.1%
2019-09-27	$0.7800	2.28%	2.04%	81.7%
2019-12-30	$1.0000	3.85%	2.20%	102.1%
2020-03-30	$1.0000	4.22%	2.37%	93.1%
2020-06-29	$1.0600	4.25%	2.52%	76.2%
2020-09-29	$1.1700	3.39%	2.58%	49.5%
2020-12-30	$1.2400	2.43%	2.57%	32.3%
2021-03-30	$1.3200	2.71%	2.58%	24.7%
2021-06-29	$1.4000	2.64%	2.58%	21.3%
2021-09-29	$1.5000	2.36%	2.57%	22.2%
2021-12-30	$1.5000	2.19%	2.55%	19.4%
2022-03-30	$1.7500	3.00%	2.57%	19.9%
2022-06-29	$1.7500	5.87%	2.82%	19.1%
2022-09-29	$1.8000	7.72%	3.13%	18.9%
2022-12-29	$1.8000	6.98%	3.38%	15.5%
2023-03-30	$1.8000	9.59%	3.71%	10.0%
2023-06-29	$1.8000	9.69%	4.06%	5.9%
2023-09-28	$1.8000	9.82%	4.44%	1.4%
2023-12-28	$1.8200	7.02%	4.66%	1.0%
2024-03-27	$1.8200	6.94%	4.92%	0.6%
2024-06-28	$1.9000	6.72%	5.18%	1.9%
2024-09-30	$1.9000	5.53%	5.35%	3.1%
2024-12-31	$1.9000	11.28%	5.72%	3.9%
2025-03-31	$1.9000	14.05%	6.21%	3.5%
2025-06-30	$1.9000	13.76%	6.69%	2.2%
2025-09-30	$1.9000	14.18%	7.23%	1.1%
2025-12-31	$1.9000	16.05%	7.91%	0.0%
2026-03-31	$1.9000	15.15%	8.53%	0.0%

IIPR Dividend History

Ex-Date	Payment Date	Amount	TTM Yield	Forward Yield	Price on Ex-Date
03/31/2026	03/31/2026	$1.90	15.15%	11.36%	$50.16
12/31/2025	12/31/2025	$1.90	16.05%	12.04%	$47.36
09/30/2025	09/30/2025	$1.90	14.18%	10.64%	$53.58
06/30/2025	06/30/2025	$1.90	13.76%	10.32%	$55.22
03/31/2025	03/31/2025	$1.90	14.05%	10.54%	$54.09
12/31/2024	12/31/2024	$1.90	11.28%	8.55%	$66.64
09/30/2024	09/30/2024	$1.90	5.53%	4.23%	$134.60
06/28/2024	06/28/2024	$1.90	6.72%	5.22%	$109.22
03/27/2024	03/27/2024	$1.82	6.94%	5.23%	$104.35
12/28/2023	12/28/2023	$1.82	7.02%	5.31%	$102.83
09/28/2023	09/28/2023	$1.80	9.82%	7.37%	$73.30
06/29/2023	06/29/2023	$1.80	9.69%	7.27%	$74.30
03/30/2023	03/30/2023	$1.80	9.59%	7.25%	$74.52
12/29/2022	12/29/2022	$1.80	6.98%	5.31%	$101.78
09/29/2022	09/29/2022	$1.80	7.72%	6.13%	$88.09
06/29/2022	06/29/2022	$1.75	5.87%	4.74%	$110.65
03/30/2022	03/30/2022	$1.75	3.00%	2.56%	$204.97
12/30/2021	12/30/2021	$1.50	2.19%	1.72%	$261.10
09/29/2021	09/29/2021	$1.50	2.36%	1.95%	$231.19
06/29/2021	06/29/2021	$1.40	2.64%	2.17%	$193.99
03/30/2021	03/30/2021	$1.32	2.71%	2.24%	$176.75
12/30/2020	12/30/2020	$1.24	2.43%	2.03%	$183.68
09/29/2020	09/29/2020	$1.17	3.39%	2.81%	$124.75
06/29/2020	06/29/2020	$1.06	4.25%	3.52%	$90.42
03/30/2020	03/30/2020	$1.00	4.22%	3.74%	$80.12
12/30/2019	12/30/2019	$1.00	3.85%	4.09%	$73.44
09/27/2019	09/27/2019	$0.780	2.28%	2.44%	$95.74
06/27/2019	06/27/2019	$0.600	1.46%	1.50%	$119.69
03/28/2019	03/28/2019	$0.450	1.65%	1.59%	$84.69
12/28/2018	12/28/2018	$0.350	2.61%	2.29%	$45.89
09/27/2018	09/27/2018	$0.350	2.36%	2.26%	$46.54
06/28/2018	06/28/2018	$0.250	2.55%	2.12%	$35.34
03/28/2018	03/28/2018	$0.250	3.04%	2.85%	$26.32
12/28/2017	12/28/2017	$0.250	1.92%	2.62%	$28.64
09/28/2017	09/28/2017	$0.150	1.63%	2.45%	$18.39
06/28/2017	06/28/2017	$0.150	0.89%	2.66%	$16.89

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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

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Date	Payout Ratio	QoQ Change	YoY Change
2022-10-31	127.9%	N/A	N/A
2023-01-31	131.3%	+2.7%	N/A
2023-04-30	130.0%	-1.0%	N/A
2023-07-31	128.5%	-1.1%	N/A
2023-10-31	126.1%	-1.8%	-1.3%
2024-01-31	127.3%	+0.9%	-3.1%
2024-04-30	128.5%	+0.9%	-1.2%
2024-07-31	131.2%	+2.1%	+2.1%
2024-10-31	133.9%	+2.1%	+6.2%
2025-01-31	144.8%	+8.1%	+13.8%
2025-04-30	157.9%	+9.0%	+22.9%
2025-07-31	172.6%	+9.3%	+31.6%
2025-10-31	191.1%	+10.7%	+42.7%
2026-03-31	135.1%	-29.3%	-6.7%

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

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Date	Dividend/FCF Ratio	QoQ Change	YoY Change
2022-01-31	2,905.2%	N/A	N/A
2022-04-30	2,724.8%	-6.2%	N/A
2022-07-31	2,553.9%	-6.3%	N/A
2022-10-31	2,400.1%	-6.0%	N/A
2023-01-31	3,219.9%	+34.2%	+10.8%
2023-04-30	2,828.6%	-12.2%	+3.8%
2023-07-31	2,526.0%	-10.7%	-1.1%
2023-10-31	2,269.1%	-10.2%	-5.5%
2024-01-31	3,284.8%	+44.8%	+2.0%
2024-04-30	2,873.4%	-12.5%	+1.6%
2024-07-31	2,583.3%	-10.1%	+2.3%
2024-10-31	2,352.2%	-8.9%	+3.7%
2025-01-31	3,968.8%	+68.7%	+20.8%
2025-04-30	3,499.0%	-11.8%	+21.8%
2025-07-31	3,102.9%	-11.3%	+20.1%
2025-10-31	2,787.3%	-10.2%	+18.5%
2026-03-31	160.8%	-94.2%	-95.9%
2026-05-19	128.7%	-20.0%	-96.3%

Share Price

Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.

IIPR Price

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Date	Share Price	Price Change	QoQ Change	YoY Change
2017-06-28	$16.89	N/A	N/A	N/A
2017-09-28	$18.39	+$1.50	0.0%	N/A
2017-12-28	$28.64	+$10.25	66.7%	N/A
2018-03-28	$26.32	$-2.32	0.0%	66.7%
2018-06-28	$35.34	+$9.02	0.0%	66.7%
2018-09-27	$46.54	+$11.20	40.0%	40.0%
2018-12-28	$45.89	$-0.65	0.0%	40.0%
2019-03-28	$84.69	+$38.80	28.6%	80.0%
2019-06-27	$119.69	+$35.00	33.3%	71.4%
2019-09-27	$95.74	$-23.95	30.0%	122.9%
2019-12-30	$73.44	$-22.30	28.2%	122.2%
2020-03-30	$80.12	+$6.68	0.0%	66.7%
2020-06-29	$90.42	+$10.30	6.0%	35.9%
2020-09-29	$124.75	+$34.33	10.4%	17.0%
2020-12-30	$183.68	+$58.93	6.0%	24.0%
2021-03-30	$176.75	$-6.93	6.5%	24.5%
2021-06-29	$193.99	+$17.24	6.1%	19.7%
2021-09-29	$231.19	+$37.20	7.1%	21.0%
2021-12-30	$261.10	+$29.91	0.0%	13.6%
2022-03-30	$204.97	$-56.13	16.7%	25.0%
2022-06-29	$110.65	$-94.32	0.0%	16.7%
2022-09-29	$88.09	$-22.56	2.9%	20.0%
2022-12-29	$101.78	+$13.69	0.0%	2.9%
2023-03-30	$74.52	$-27.26	0.0%	2.9%
2023-06-29	$74.30	$-0.22	0.0%	0.0%
2023-09-28	$73.30	$-1.00	0.0%	0.0%
2023-12-28	$102.83	+$29.53	1.1%	1.1%
2024-03-27	$104.35	+$1.52	0.0%	1.1%
2024-06-28	$109.22	+$4.87	4.4%	5.6%
2024-09-30	$134.60	+$25.38	0.0%	4.4%
2024-12-31	$66.64	$-67.96	0.0%	4.4%
2025-03-31	$54.09	$-12.55	0.0%	0.0%
2025-06-30	$55.22	+$1.13	0.0%	0.0%
2025-09-30	$53.58	$-1.64	0.0%	0.0%
2025-12-31	$47.36	$-6.22	0.0%	0.0%
2026-03-31	$50.16	+$2.80	0.0%	0.0%

Price to Earnings

IIPR trades at a 46.1x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

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2022-01-31	197.7x	N/A	Q-Est
2022-04-30	141.7x	-28.3%	Q-Est
2022-07-31	82.6x	-41.7%	Q-Est
2022-10-31	66.6x	-19.5%	Q-Est
2023-01-31	71.0x	+6.7%	Q-Est
2023-04-30	62.0x	-12.8%	Q-Est
2023-07-31	51.2x	-17.4%	Q-Est
2023-10-31	53.0x	+3.6%	Q-Est
2024-01-31	72.6x	+36.9%	Q-Est
2024-04-30	70.6x	-2.8%	Q-Est
2024-07-31	78.6x	+11.5%	Q-Est
2024-10-31	96.9x	+23.2%	Q-Est
2025-01-31	67.0x	-30.8%	Q-Est
2025-04-30	72.4x	+8.0%	Q-Est
2025-06-30	62.1x	-14.1%	Q
2025-07-31	55.5x	-10.6%	Q-Est
2025-09-30	57.6x	+3.8%	Q
2025-10-31	53.9x	-6.5%	Q-Est
2025-12-31	46.3x	-14.0%	Q
2026-03-31	46.1x	-0.5%	Q

Price to Sales

IIPR trades at a 20.2x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

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2022-01-31	109.5x	N/A	Q-Est
2022-04-30	78.5x	-28.3%	Q-Est
2022-07-31	45.8x	-41.7%	Q-Est
2022-10-31	36.9x	-19.5%	Q-Est
2023-01-31	37.7x	+2.3%	Q-Est
2023-04-30	32.9x	-12.8%	Q-Est
2023-07-31	27.2x	-17.4%	Q-Est
2023-10-31	28.1x	+3.6%	Q-Est
2024-01-31	37.6x	+33.7%	Q-Est
2024-04-30	36.6x	-2.8%	Q-Est
2024-07-31	40.7x	+11.5%	Q-Est
2024-10-31	50.2x	+23.2%	Q-Est
2025-01-31	28.8x	-42.6%	Q-Est
2025-04-30	31.1x	+8.0%	Q-Est
2025-06-30	24.8x	-20.2%	Q
2025-07-31	23.9x	-3.8%	Q-Est
2025-09-30	25.2x	+5.5%	Q
2025-10-31	23.2x	-8.0%	Q-Est
2025-12-31	21.3x	-7.9%	Q
2026-03-31	20.2x	-5.6%	Q

Revenue

IIPR generated $0.1B in revenue.

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2022-01-31	$0.07B	N/A	Q-Est
2022-04-30	$0.07B	+0.0%	Q-Est
2022-07-31	$0.07B	+0.0%	Q-Est
2022-10-31	$0.07B	+0.0%	Q-Est
2023-01-31	$0.08B	+12.0%	Q-Est
2023-04-30	$0.08B	+0.0%	Q-Est
2023-07-31	$0.08B	+0.0%	Q-Est
2023-10-31	$0.08B	+0.0%	Q-Est
2024-01-31	$0.08B	-0.3%	Q-Est
2024-04-30	$0.08B	+0.0%	Q-Est
2024-07-31	$0.08B	+0.0%	Q-Est
2024-10-31	$0.08B	+0.0%	Q-Est
2025-01-31	$0.07B	-13.8%	Q-Est
2025-04-30	$0.07B	+0.0%	Q-Est
2025-06-30	$0.06B	-5.4%	Q
2025-07-31	$0.07B	+5.7%	Q-Est
2025-09-30	$0.06B	-2.7%	Q
2025-10-31	$0.07B	+2.8%	Q-Est
2025-12-31	$0.07B	+0.3%	Q
2026-03-31	$0.07B	+3.5%	Q

Net Income

IIPR reported $0.0B in net income. Net income has declined by 21% over the period.

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2022-01-31	$0.04B	N/A	Q-Est
2022-04-30	$0.04B	+0.0%	Q-Est
2022-07-31	$0.04B	+0.0%	Q-Est
2022-10-31	$0.04B	+0.0%	Q-Est
2023-01-31	$0.04B	+7.3%	Q-Est
2023-04-30	$0.04B	+0.0%	Q-Est
2023-07-31	$0.04B	+0.0%	Q-Est
2023-10-31	$0.04B	+0.0%	Q-Est
2024-01-31	$0.04B	-2.7%	Q-Est
2024-04-30	$0.04B	+0.0%	Q-Est
2024-07-31	$0.04B	+0.0%	Q-Est
2024-10-31	$0.04B	+0.0%	Q-Est
2025-01-31	$0.03B	-28.4%	Q-Est
2025-04-30	$0.03B	+0.0%	Q-Est
2025-06-30	$0.03B	-12.1%	Q
2025-07-31	$0.03B	+13.8%	Q-Est
2025-09-30	$0.03B	-1.1%	Q
2025-10-31	$0.03B	+1.1%	Q-Est
2025-12-31	$0.03B	+7.3%	Q
2026-03-31	$0.03B	-1.8%	Q

Revenue vs Net Income

IIPR generated $0.1B in revenue with net income of $0.0B, representing a 43.7% net profit margin.

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2022-01-31	$0.07B	$0.04B	Q-Est
2022-04-30	$0.07B	$0.04B	Q-Est
2022-07-31	$0.07B	$0.04B	Q-Est
2022-10-31	$0.07B	$0.04B	Q-Est
2023-01-31	$0.08B	$0.04B	Q-Est
2023-04-30	$0.08B	$0.04B	Q-Est
2023-07-31	$0.08B	$0.04B	Q-Est
2023-10-31	$0.08B	$0.04B	Q-Est
2024-01-31	$0.08B	$0.04B	Q-Est
2024-04-30	$0.08B	$0.04B	Q-Est
2024-07-31	$0.08B	$0.04B	Q-Est
2024-10-31	$0.08B	$0.04B	Q-Est
2025-01-31	$0.07B	$0.03B	Q-Est
2025-04-30	$0.07B	$0.03B	Q-Est
2025-06-30	$0.06B	$0.03B	Q
2025-07-31	$0.07B	$0.03B	Q-Est
2025-09-30	$0.06B	$0.03B	Q
2025-10-31	$0.07B	$0.03B	Q-Est
2025-12-31	$0.07B	$0.03B	Q
2026-03-31	$0.07B	$0.03B	Q

Gross Profit

IIPR achieved $0.1B in gross profit, showing revenue after direct production costs.

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2022-01-31	$0.05B	N/A	Q-Est
2022-04-30	$0.05B	+3.8%	Q-Est
2022-07-31	$0.05B	-9.6%	Q-Est
2022-10-31	$0.05B	+6.3%	Q-Est
2023-01-31	$0.06B	+25.7%	Q-Est
2023-04-30	$0.06B	-1.7%	Q-Est
2023-07-31	$0.06B	+4.0%	Q-Est
2023-10-31	$0.06B	-2.5%	Q-Est
2024-01-31	$0.06B	+1.0%	Q-Est
2024-04-30	$0.06B	+1.3%	Q-Est
2024-07-31	$0.06B	-0.8%	Q-Est
2024-10-31	$0.06B	-5.5%	Q-Est
2025-01-31	$0.05B	-12.1%	Q-Est
2025-04-30	$0.05B	+2.4%	Q-Est
2025-06-30	$0.05B	-3.3%	Q-Est
2025-07-31	$0.05B	+3.4%	Q-Est
2025-09-30	$0.05B	-2.0%	Q-Est
2025-10-31	$0.05B	+1.0%	Q-Est
2025-12-31	$0.05B	+1.1%	Q-Est
2026-03-31	$0.05B	+2.4%	Q-Est

Operating Income

IIPR generated $0.0B in operating income, representing profit from core business operations.

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2022-01-31	$0.02B	N/A	Q-Est
2022-04-30	$0.02B	+0.0%	Q-Est
2022-07-31	$0.02B	+0.0%	Q-Est
2022-10-31	$0.02B	+0.0%	Q-Est
2023-01-31	$0.03B	+12.0%	Q-Est
2023-04-30	$0.03B	+0.0%	Q-Est
2023-07-31	$0.03B	+0.0%	Q-Est
2023-10-31	$0.03B	+0.0%	Q-Est
2024-01-31	$0.03B	-0.3%	Q-Est
2024-04-30	$0.03B	+0.0%	Q-Est
2024-07-31	$0.03B	+0.0%	Q-Est
2024-10-31	$0.03B	+0.0%	Q-Est
2025-01-31	$0.02B	-13.8%	Q-Est
2025-04-30	$0.02B	+0.0%	Q-Est
2025-06-30	$0.02B	-5.4%	Q-Est
2025-07-31	$0.02B	+5.7%	Q-Est
2025-09-30	$0.02B	-2.7%	Q-Est
2025-10-31	$0.02B	+2.8%	Q-Est
2025-12-31	$0.02B	+0.3%	Q-Est
2026-03-31	$0.02B	+3.5%	Q-Est

EBITDA

IIPR generated $0.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

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2022-01-31	$0.03B	N/A	Q-Est
2022-04-30	$0.03B	+0.0%	Q-Est
2022-07-31	$0.03B	+0.0%	Q-Est
2022-10-31	$0.03B	+0.0%	Q-Est
2023-01-31	$0.03B	+12.0%	Q-Est
2023-04-30	$0.03B	+0.0%	Q-Est
2023-07-31	$0.03B	+0.0%	Q-Est
2023-10-31	$0.03B	+0.0%	Q-Est
2024-01-31	$0.03B	-0.3%	Q-Est
2024-04-30	$0.03B	+0.0%	Q-Est
2024-07-31	$0.03B	+0.0%	Q-Est
2024-10-31	$0.03B	+0.0%	Q-Est
2025-01-31	$0.03B	-13.8%	Q-Est
2025-04-30	$0.03B	+0.0%	Q-Est
2025-06-30	$0.03B	-5.4%	Q-Est
2025-07-31	$0.03B	+5.7%	Q-Est
2025-09-30	$0.03B	-2.7%	Q-Est
2025-10-31	$0.03B	+2.8%	Q-Est
2025-12-31	$0.03B	+0.3%	Q-Est
2026-03-31	$0.03B	+3.5%	Q-Est

Operating Cash Flow

IIPR generated $0.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

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2022-01-31	$0.04B	N/A	Q-Est
2022-04-30	$0.04B	+0.0%	Q-Est
2022-07-31	$0.04B	+0.0%	Q-Est
2022-10-31	$0.04B	+0.0%	Q-Est
2023-01-31	$0.05B	+7.3%	Q-Est
2023-04-30	$0.05B	+0.0%	Q-Est
2023-07-31	$0.05B	+0.0%	Q-Est
2023-10-31	$0.05B	+0.0%	Q-Est
2024-01-31	$0.05B	-2.7%	Q-Est
2024-04-30	$0.05B	+0.0%	Q-Est
2024-07-31	$0.05B	+0.0%	Q-Est
2024-10-31	$0.05B	+0.0%	Q-Est
2025-01-31	$0.03B	-28.4%	Q-Est
2025-04-30	$0.03B	+0.0%	Q-Est
2025-06-30	$0.03B	-12.1%	Q-Est
2025-07-31	$0.03B	+13.8%	Q-Est
2025-09-30	$0.03B	-1.1%	Q-Est
2025-10-31	$0.03B	+1.1%	Q-Est
2025-12-31	$0.04B	+7.3%	Q-Est
2026-03-31	$0.03B	-1.8%	Q-Est

Free Cash Flow

IIPR generated $0.0B in free cash flow. Free cash flow has decreased by 22% over the period.

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2022-01-31	$0.04B	N/A	Q-Est
2022-04-30	$0.04B	+0.0%	Q-Est
2022-07-31	$0.04B	+0.0%	Q-Est
2022-10-31	$0.04B	+0.0%	Q-Est
2023-01-31	$0.04B	+7.0%	Q-Est
2023-04-30	$0.04B	+0.0%	Q-Est
2023-07-31	$0.04B	+0.0%	Q-Est
2023-10-31	$0.04B	+0.0%	Q-Est
2024-01-31	$0.04B	-2.8%	Q-Est
2024-04-30	$0.04B	+0.0%	Q-Est
2024-07-31	$0.04B	+0.0%	Q-Est
2024-10-31	$0.04B	+0.0%	Q-Est
2025-01-31	$0.03B	-29.3%	Q-Est
2025-04-30	$0.03B	+0.0%	Q-Est
2025-06-30	$0.03B	-12.6%	Q-Est
2025-07-31	$0.03B	+14.4%	Q-Est
2025-09-30	$0.03B	-1.0%	Q-Est
2025-10-31	$0.03B	+1.0%	Q-Est
2025-12-31	$0.03B	+7.9%	Q-Est
2026-03-31	$0.03B	-2.2%	Q-Est

Free Cash Flow / Share

IIPR generates $1.12 in free cash flow per share. FCF per share has declined by 22% over the period.

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2022-01-31	$1.45	N/A	Q-Est
2022-04-30	$1.45	+0.0%	Q-Est
2022-07-31	$1.45	+0.0%	Q-Est
2022-10-31	$1.45	+0.0%	Q-Est
2023-01-31	$1.55	+7.0%	Q-Est
2023-04-30	$1.55	+0.0%	Q-Est
2023-07-31	$1.55	+0.0%	Q-Est
2023-10-31	$1.55	+0.0%	Q-Est
2024-01-31	$1.50	-2.8%	Q-Est
2024-04-30	$1.50	+0.0%	Q-Est
2024-07-31	$1.50	+0.0%	Q-Est
2024-10-31	$1.50	+0.0%	Q-Est
2025-01-31	$1.06	-29.3%	Q-Est
2025-04-30	$1.06	+0.0%	Q-Est
2025-06-30	$0.93	-12.6%	Q-Est
2025-07-31	$1.06	+14.4%	Q-Est
2025-09-30	$1.05	-1.0%	Q-Est
2025-10-31	$1.06	+1.0%	Q-Est
2025-12-31	$1.15	+7.9%	Q-Est
2026-03-31	$1.12	-2.2%	Q-Est

Earnings Per Share (EPS)

IIPR reported $1.05 in earnings per share. EPS has declined by 21% over the period.

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2022-01-31	$1.33	N/A	Q-Est
2022-04-30	$1.33	+0.0%	Q-Est
2022-07-31	$1.33	+0.0%	Q-Est
2022-10-31	$1.33	+0.0%	Q-Est
2023-01-31	$1.43	+7.3%	Q-Est
2023-04-30	$1.43	+0.0%	Q-Est
2023-07-31	$1.43	+0.0%	Q-Est
2023-10-31	$1.43	+0.0%	Q-Est
2024-01-31	$1.39	-2.7%	Q-Est
2024-04-30	$1.39	+0.0%	Q-Est
2024-07-31	$1.39	+0.0%	Q-Est
2024-10-31	$1.39	+0.0%	Q-Est
2025-01-31	$0.99	-28.4%	Q-Est
2025-04-30	$0.99	+0.0%	Q-Est
2025-06-30	$0.87	-12.1%	Q
2025-07-31	$0.99	+13.8%	Q-Est
2025-09-30	$0.98	-1.1%	Q
2025-10-31	$0.99	+1.1%	Q-Est
2025-12-31	$1.07	+7.3%	Q
2026-03-31	$1.05	-1.8%	Q

Return on Equity (ROE)

IIPR delivered a 36.4% return on equity, indicating how effectively the company generates returns for shareholders.

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2022-01-31	46.2%	N/A	Q-Est
2022-04-30	46.2%	+0.0%	Q-Est
2022-07-31	46.2%	+0.0%	Q-Est
2022-10-31	46.2%	+0.0%	Q-Est
2023-01-31	44.2%	-4.2%	Q-Est
2023-04-30	44.2%	+0.0%	Q-Est
2023-07-31	44.2%	+0.0%	Q-Est
2023-10-31	44.2%	+0.0%	Q-Est
2024-01-31	43.2%	-2.4%	Q-Est
2024-04-30	43.2%	+0.0%	Q-Est
2024-07-31	43.2%	+0.0%	Q-Est
2024-10-31	43.2%	+0.0%	Q-Est
2025-01-31	35.9%	-17.0%	Q-Est
2025-04-30	35.9%	+0.0%	Q-Est
2025-06-30	33.3%	-7.1%	Q-Est
2025-07-31	35.9%	+7.6%	Q-Est
2025-09-30	36.4%	+1.6%	Q-Est
2025-10-31	35.9%	-1.6%	Q-Est
2025-12-31	38.4%	+7.1%	Q-Est
2026-03-31	36.4%	-5.1%	Q-Est

Return on Assets (ROA)

IIPR achieved a 21.9% return on assets, measuring how efficiently the company uses its assets to generate profit.

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2022-01-31	27.7%	N/A	Q-Est
2022-04-30	27.7%	+0.0%	Q-Est
2022-07-31	27.7%	+0.0%	Q-Est
2022-10-31	27.7%	+0.0%	Q-Est
2023-01-31	26.5%	-4.2%	Q-Est
2023-04-30	26.5%	+0.0%	Q-Est
2023-07-31	26.5%	+0.0%	Q-Est
2023-10-31	26.5%	+0.0%	Q-Est
2024-01-31	25.9%	-2.3%	Q-Est
2024-04-30	25.9%	+0.0%	Q-Est
2024-07-31	25.9%	+0.0%	Q-Est
2024-10-31	25.9%	+0.0%	Q-Est
2025-01-31	21.5%	-17.0%	Q-Est
2025-04-30	21.5%	+0.0%	Q-Est
2025-06-30	20.0%	-7.1%	Q-Est
2025-07-31	21.5%	+7.6%	Q-Est
2025-09-30	21.9%	+1.7%	Q-Est
2025-10-31	21.5%	-1.6%	Q-Est
2025-12-31	23.0%	+7.1%	Q-Est
2026-03-31	21.9%	-5.1%	Q-Est

Net Profit Margin

IIPR maintains a 43.7% net profit margin, showing the percentage of revenue retained as profit after all expenses.

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2022-01-31	55.4%	N/A	Q-Est
2022-04-30	55.4%	+0.0%	Q-Est
2022-07-31	55.4%	+0.0%	Q-Est
2022-10-31	55.4%	+0.0%	Q-Est
2023-01-31	53.1%	-4.2%	Q-Est
2023-04-30	53.1%	+0.0%	Q-Est
2023-07-31	53.1%	+0.0%	Q-Est
2023-10-31	53.1%	+0.0%	Q-Est
2024-01-31	51.8%	-2.4%	Q-Est
2024-04-30	51.8%	+0.0%	Q-Est
2024-07-31	51.8%	+0.0%	Q-Est
2024-10-31	51.8%	+0.0%	Q-Est
2025-01-31	43.0%	-17.0%	Q-Est
2025-04-30	43.0%	+0.0%	Q-Est
2025-06-30	40.0%	-7.1%	Q
2025-07-31	43.0%	+7.6%	Q-Est
2025-09-30	43.7%	+1.6%	Q
2025-10-31	43.0%	-1.6%	Q-Est
2025-12-31	46.1%	+7.1%	Q
2026-03-31	43.7%	-5.1%	Q

Gross Profit Margin

IIPR operates with a 77.6% gross profit margin, reflecting pricing power and cost efficiency in core operations.

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2022-01-31	70.1%	N/A	Q-Est
2022-04-30	72.7%	+3.8%	Q-Est
2022-07-31	65.8%	-9.6%	Q-Est
2022-10-31	69.9%	+6.3%	Q-Est
2023-01-31	78.5%	+12.2%	Q-Est
2023-04-30	77.1%	-1.7%	Q-Est
2023-07-31	80.2%	+4.0%	Q-Est
2023-10-31	78.2%	-2.5%	Q-Est
2024-01-31	79.2%	+1.3%	Q-Est
2024-04-30	80.2%	+1.3%	Q-Est
2024-07-31	79.6%	-0.8%	Q-Est
2024-10-31	75.2%	-5.5%	Q-Est
2025-01-31	76.7%	+2.0%	Q-Est
2025-04-30	78.6%	+2.4%	Q-Est
2025-06-30	80.3%	+2.2%	Q
2025-07-31	78.5%	-2.2%	Q-Est
2025-09-30	79.1%	+0.8%	Q
2025-10-31	77.7%	-1.8%	Q-Est
2025-12-31	78.4%	+0.8%	Q
2026-03-31	77.6%	-1.0%	Q

Cash & Debt

IIPR holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.

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2022-01-31	$0.01B	$0.00B	$0.01B	Q-Est
2022-04-30	$0.01B	$0.00B	$0.01B	Q-Est
2022-07-31	$0.01B	$0.00B	$0.01B	Q-Est
2022-10-31	$0.01B	$0.00B	$0.01B	Q-Est
2023-01-31	$0.01B	$0.00B	$0.01B	Q-Est
2023-04-30	$0.01B	$0.00B	$0.01B	Q-Est
2023-07-31	$0.01B	$0.00B	$0.01B	Q-Est
2023-10-31	$0.01B	$0.00B	$0.01B	Q-Est
2024-01-31	$0.01B	$0.00B	$0.01B	Q-Est
2024-04-30	$0.01B	$0.00B	$0.01B	Q-Est
2024-07-31	$0.01B	$0.00B	$0.01B	Q-Est
2024-10-31	$0.01B	$0.00B	$0.01B	Q-Est
2025-01-31	$0.01B	$0.00B	$0.01B	Q-Est
2025-04-30	$0.01B	$0.00B	$0.01B	Q-Est
2025-06-30	$0.01B	$0.00B	$0.01B	Q-Est
2025-07-31	$0.01B	$0.00B	$0.01B	Q-Est
2025-09-30	$0.01B	$0.00B	$0.01B	Q-Est
2025-10-31	$0.01B	$0.00B	$0.01B	Q-Est
2025-12-31	$0.01B	$0.00B	$0.01B	Q-Est
2026-03-31	$0.01B	$0.00B	$0.01B	Q-Est

Shares Outstanding

IIPR has 0.0B shares outstanding.

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2022-01-31	0.03B	N/A	Q-Est
2022-04-30	0.03B	+0.0%	Q-Est
2022-07-31	0.03B	+0.0%	Q-Est
2022-10-31	0.03B	+0.0%	Q-Est
2023-01-31	0.03B	+0.0%	Q-Est
2023-04-30	0.03B	+0.0%	Q-Est
2023-07-31	0.03B	+0.0%	Q-Est
2023-10-31	0.03B	+0.0%	Q-Est
2024-01-31	0.03B	+0.0%	Q-Est
2024-04-30	0.03B	+0.0%	Q-Est
2024-07-31	0.03B	+0.0%	Q-Est
2024-10-31	0.03B	+0.0%	Q-Est
2025-01-31	0.03B	+0.0%	Q-Est
2025-04-30	0.03B	+0.0%	Q-Est
2025-06-30	0.03B	+0.0%	Q-Est
2025-07-31	0.03B	+0.0%	Q-Est
2025-09-30	0.03B	+0.0%	Q-Est
2025-10-31	0.03B	+0.0%	Q-Est
2025-12-31	0.03B	+0.0%	Q-Est
2026-03-31	0.03B	+0.0%	Q-Est

Stock-Based Comp

IIPR reported $0.0B in stock-based compensation.

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2022-01-31	$0.00B	N/A	Q-Est
2022-04-30	$0.00B	+0.0%	Q-Est
2022-07-31	$0.00B	+0.0%	Q-Est
2022-10-31	$0.00B	+0.0%	Q-Est
2023-01-31	$0.00B	+12.0%	Q-Est
2023-04-30	$0.00B	+0.0%	Q-Est
2023-07-31	$0.00B	+0.0%	Q-Est
2023-10-31	$0.00B	+0.0%	Q-Est
2024-01-31	$0.00B	-0.3%	Q-Est
2024-04-30	$0.00B	+0.0%	Q-Est
2024-07-31	$0.00B	+0.0%	Q-Est
2024-10-31	$0.00B	+0.0%	Q-Est
2025-01-31	$0.00B	-13.8%	Q-Est
2025-04-30	$0.00B	+0.0%	Q-Est
2025-06-30	$0.00B	-5.4%	Q-Est
2025-07-31	$0.00B	+5.7%	Q-Est
2025-09-30	$0.00B	-2.7%	Q-Est
2025-10-31	$0.00B	+2.8%	Q-Est
2025-12-31	$0.00B	+0.3%	Q-Est
2026-03-31	$0.00B	+3.5%	Q-Est

FCF vs Stock Based Comp

IIPR generated $0.0B in free cash flow while spending $0.0B on stock-based compensation, representing 5% of FCF.

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2022-01-31	$0.04B	$0.00B	Q-Est
2022-04-30	$0.04B	$0.00B	Q-Est
2022-07-31	$0.04B	$0.00B	Q-Est
2022-10-31	$0.04B	$0.00B	Q-Est
2023-01-31	$0.04B	$0.00B	Q-Est
2023-04-30	$0.04B	$0.00B	Q-Est
2023-07-31	$0.04B	$0.00B	Q-Est
2023-10-31	$0.04B	$0.00B	Q-Est
2024-01-31	$0.04B	$0.00B	Q-Est
2024-04-30	$0.04B	$0.00B	Q-Est
2024-07-31	$0.04B	$0.00B	Q-Est
2024-10-31	$0.04B	$0.00B	Q-Est
2025-01-31	$0.03B	$0.00B	Q-Est
2025-04-30	$0.03B	$0.00B	Q-Est
2025-06-30	$0.03B	$0.00B	Q-Est
2025-07-31	$0.03B	$0.00B	Q-Est
2025-09-30	$0.03B	$0.00B	Q-Est
2025-10-31	$0.03B	$0.00B	Q-Est
2025-12-31	$0.03B	$0.00B	Q-Est
2026-03-31	$0.03B	$0.00B	Q-Est

FCF vs FCF / Share

IIPR reported $0.0B in free cash flow, translating to $1.12 per share.

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2022-01-31	$0.04B	$1.45	Q-Est
2022-04-30	$0.04B	$1.45	Q-Est
2022-07-31	$0.04B	$1.45	Q-Est
2022-10-31	$0.04B	$1.45	Q-Est
2023-01-31	$0.04B	$1.55	Q-Est
2023-04-30	$0.04B	$1.55	Q-Est
2023-07-31	$0.04B	$1.55	Q-Est
2023-10-31	$0.04B	$1.55	Q-Est
2024-01-31	$0.04B	$1.50	Q-Est
2024-04-30	$0.04B	$1.50	Q-Est
2024-07-31	$0.04B	$1.50	Q-Est
2024-10-31	$0.04B	$1.50	Q-Est
2025-01-31	$0.03B	$1.06	Q-Est
2025-04-30	$0.03B	$1.06	Q-Est
2025-06-30	$0.03B	$0.93	Q-Est
2025-07-31	$0.03B	$1.06	Q-Est
2025-09-30	$0.03B	$1.05	Q-Est
2025-10-31	$0.03B	$1.06	Q-Est
2025-12-31	$0.03B	$1.15	Q-Est
2026-03-31	$0.03B	$1.12	Q-Est

Revenue: Actual + Estimates

This chart tracks IIPR revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

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2025-01-31	$0.07B	Actual	Q-Est
2025-01-31	$0.07B	Estimate	Q-Est
2025-04-30	$0.07B	Actual	Q-Est
2025-04-30	$0.07B	Estimate	Q-Est
2025-06-30	$0.06B	Actual	Q
2025-06-30	$0.06B	Estimate	Q
2025-07-31	$0.07B	Actual	Q-Est
2025-07-31	$0.07B	Estimate	Q-Est
2025-09-30	$0.06B	Actual	Q
2025-09-30	$0.06B	Estimate	Q
2025-10-31	$0.07B	Actual	Q-Est
2025-10-31	$0.07B	Estimate	Q-Est
2025-12-31	$0.07B	Actual	Q
2025-12-31	$0.07B	Estimate	Q
2026-03-31	$0.07B	Actual	Q
2026-03-31	$0.07B	Estimate	Q
2026-06-30	$0.07B	Projection	F
2026-09-30	$0.07B	Projection	F
2026-12-31	$0.07B	Projection	F
2027-03-31	$0.07B	Projection	F

EPS: Actual + Estimates

This chart tracks IIPR eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

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2025-01-31	$0.99	Actual	Q-Est
2025-01-31	$0.94	Estimate	Q-Est
2025-04-30	$0.99	Actual	Q-Est
2025-04-30	$0.91	Estimate	Q-Est
2025-06-30	$0.99	Actual	Q-Est
2025-06-30	$0.91	Estimate	Q-Est
2025-07-31	$0.87	Actual	Q
2025-07-31	$0.91	Estimate	Q
2025-09-30	$0.99	Actual	Q-Est
2025-09-30	$0.90	Estimate	Q-Est
2025-10-31	$0.98	Actual	Q
2025-10-31	$0.90	Estimate	Q
2025-12-31	$0.99	Actual	Q-Est
2025-12-31	$1.05	Estimate	Q-Est
2026-03-31	$1.07	Actual	Q
2026-03-31	$1.05	Estimate	Q
2026-06-30	$1.06	Projection	F
2026-09-30	$1.04	Projection	F
2026-12-31	$1.03	Projection	F
2027-03-31	$1.01	Projection	F

Net Income: Actual + Estimates

This chart tracks IIPR net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

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2025-01-31	$0.03B	Actual	Q-Est
2025-01-31	$0.03B	Estimate	Q-Est
2025-04-30	$0.03B	Actual	Q-Est
2025-04-30	$0.03B	Estimate	Q-Est
2025-06-30	$0.03B	Actual	Q-Est
2025-06-30	$0.03B	Estimate	Q-Est
2025-07-31	$0.03B	Actual	Q
2025-07-31	$0.03B	Estimate	Q
2025-09-30	$0.03B	Actual	Q-Est
2025-09-30	$0.03B	Estimate	Q-Est
2025-10-31	$0.03B	Actual	Q
2025-10-31	$0.03B	Estimate	Q
2025-12-31	$0.03B	Actual	Q-Est
2025-12-31	$0.03B	Estimate	Q-Est
2026-03-31	$0.03B	Actual	Q
2026-03-31	$0.03B	Estimate	Q
2026-06-30	$0.03B	Projection	F
2026-09-30	$0.03B	Projection	F
2026-12-31	$0.03B	Projection	F
2027-03-31	$0.03B	Projection	F

EBITDA: Actual + Estimates

This chart tracks IIPR ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

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2025-01-31	$0.03B	Actual	Q-Est
2025-01-31	$0.03B	Estimate	Q-Est
2025-04-30	$0.03B	Actual	Q-Est
2025-04-30	$0.03B	Estimate	Q-Est
2025-06-30	$0.03B	Actual	Q
2025-06-30	$0.02B	Estimate	Q
2025-07-31	$0.03B	Actual	Q-Est
2025-07-31	$0.03B	Estimate	Q-Est
2025-09-30	$0.03B	Actual	Q
2025-09-30	$0.03B	Estimate	Q
2025-10-31	$0.03B	Actual	Q-Est
2025-10-31	$0.03B	Estimate	Q-Est
2025-12-31	$0.03B	Actual	Q
2025-12-31	$0.03B	Estimate	Q
2026-03-31	$0.03B	Actual	Q
2026-03-31	$0.03B	Estimate	Q
2026-06-30	$0.03B	Projection	F
2026-09-30	$0.03B	Projection	F
2026-12-31	$0.03B	Projection	F
2027-03-31	$0.03B	Projection	F

Initial Investment: The lump sum youâre investing on day 1. Share Price: The current market price of one share. Dividend Amount (per payout): Enter the dividend paid per share each payout (e.g., quarterly for many ETFs). Annual yield is computed from this and the selected frequency. Dividend Frequency: How often you receive dividends (e.g. quarterly). Dividend Growth Rate: The yearly increase in dividend payouts (as a percentage). Share Price Growth: Expected annual increase in share price over time. Extra Investment: The amount you invest regularly (e.g. each month). Extra Invest Frequency: How often your extra investment is made (e.g. monthly). Length of Investment: How long you plan to keep investing and compounding.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly â this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: May 18, 2026 12:05 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

Year	Start Balance	Start Shares	Share Price	Dividend / Share	Dividend Yield	Yield on Cost	Annual Dividend	Total Dividends	End Shares	End Balance
1	$10,000	185	$53.98	$1.90	10.56%	10.56%	$1,180	$1,180	229	$12,380
2	$14,013	229	$61.10	$2.52	12.37%	14.00%	$1,907	$3,088	280	$17,120
3	$19,378	280	$69.16	$3.34	14.49%	18.56%	$3,065	$6,153	342	$23,644
4	$26,762	342	$78.28	$4.43	16.97%	24.61%	$4,945	$11,098	420	$32,908
5	$37,248	420	$88.61	$5.87	19.88%	32.64%	$8,074	$19,172	525	$46,522
6	$52,659	525	$100.29	$7.79	23.29%	43.27%	$13,438	$32,611	671	$67,297
7	$76,173	671	$113.52	$10.32	27.28%	57.38%	$22,962	$55,573	884	$100,335
8	$113,569	884	$128.49	$13.69	31.96%	76.08%	$40,577	$96,150	1,209	$155,346
9	$175,835	1,209	$145.44	$18.15	37.44%	100.88%	$74,715	$170,865	1,731	$251,750
10	$284,955	1,731	$164.62	$24.07	43.86%	133.75%	$144,521	$315,386	2,616	$430,676

About Innovative Industrial Propertie

Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Innovative Industrial Properties, Inc. was incorporated on J

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Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

IIPR – Dividend Returns, History & Calculator

Dividend Data

Price Data

Growth Rates

Total Returns

Fair Value

Financial Metrics

Company Info

IIPR 10-yr Total Return ($10,000 invested)

Total Return with and without DRIP (IIPR)

IIPR Dividend Reinvestment Snowball

After 20 Years

After 30 Years

Milestones on the way

How we estimate these numbers

Projected Future Returns & Dividends for IIPR

Dividend History: Payments & Yield

Dividend Growth

Dividend Payments & Yield

IIPR Dividend History

Dividend Payout Ratio

Dividend to Free Cash Flow Ratio

Share Price

Price to Earnings

Price to Sales

Revenue

Net Income

Revenue vs Net Income

Gross Profit

Operating Income

EBITDA

Operating Cash Flow

Free Cash Flow

Free Cash Flow / Share

Earnings Per Share (EPS)

Return on Equity (ROE)

Return on Assets (ROA)

Net Profit Margin

Gross Profit Margin

Cash & Debt

Shares Outstanding

Stock-Based Comp

FCF vs Stock Based Comp

FCF vs FCF / Share

Revenue: Actual + Estimates

EPS: Actual + Estimates

Net Income: Actual + Estimates

EBITDA: Actual + Estimates

Portfolio Growth Over Time

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

Other Articles of Interest

About Innovative Industrial Propertie

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