Innovative Industrial Properties, Inc. IIPR Operating margin

Operating margin at other companies

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41.8%+1.0pp

CTO Realty GrowthCTO

23.5%—

InvenTrust PropertiesIVT

22.5%+16.3pp

One Liberty PropertiesOLP

57%+3.8pp

Alpine Income Property TrustPINE

33.9%+10.5pp

Gaming and Leisure PropertiesGLPI

78.8%+5.8pp

FAQ

What is Innovative Industrial Properties, Inc.'s operating margin?

Innovative Industrial Properties, Inc. (IIPR) reported operating margin of 46.8% in Q1 2026.

How has Innovative Industrial Properties, Inc.'s operating margin changed year-over-year?

Innovative Industrial Properties, Inc.'s operating margin decreased by 11.1% year-over-year, from 52.6% to 46.8%.

What is the long-term trend for Innovative Industrial Properties, Inc.'s operating margin?

Over 5 years (2020 to 2025), Innovative Industrial Properties, Inc.'s operating margin has grown at a -4.8% compound annual growth rate (CAGR), from 59.7% to 46.7%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.