Where do Innovative Industrial Properties, Inc.'s ratios come from?

Every ratio is computed from Innovative Industrial Properties, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	46.8%+0.1pp	46.7%-2.0pp	48.6%-2.4pp	51%-1.6pp	52.6%-2.0pp
Net margin	45.6%+1.1pp	44.5%-1.3pp	45.8%-1.9pp	47.7%-2.6pp	50.3%-2.1pp
EBITDA margin	75%+0.4pp	74.5%-0.9pp	75.4%-1.0pp	76.4%+0.2pp	76.2%-1.3pp
Returns
Return on equity	6.3%0.0pp	6.2%-0.4pp	6.6%-0.5pp	7.2%-0.7pp	7.9%-0.4pp
Return on assets	5.1%+0.1pp	5%-0.4pp	5.3%-0.5pp	5.9%-0.6pp	6.5%-0.3pp
Efficiency
Asset turnover	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Leverage
Interest coverage	5.6×-0.6×	6.1×-1.3×	7.5×-0.7×	8.2×-0.8×	9×-0.5×
Per Share
Book value per share	$66.55+2.2%	$65.12-1.1%	$65.83-0.9%	$66.40-1.2%	$67.24-0.9%
Valuation
Market capitalization	$1.41B+6.3%	$1.33B-11.6%	$1.5B-9.0%	$1.65B+7.7%	$1.53B-18.8%
Price / earnings	11.8×+0.5×	11.2×-0.7×	11.9×-0.1×	12×+2.0×	10×-1.7×
Price / sales	5.4×+0.4×	5×-0.4×	5.4×-0.3×	5.7×+0.7×	5×-1.1×
Price / book	0.7×0.0×	0.7×-0.1×	0.8×-0.1×	0.9×+0.1×	0.8×-0.2×
Earnings yield	8.5%-0.4pp	8.9%+0.5pp	8.4%+0.1pp	8.3%-1.7pp	10%+1.4pp
Dividend yield	15.3%-1.0pp	16.3%+1.9pp	14.4%+1.3pp	13.2%-0.8pp	14%+2.8pp

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Questions, answered.

Where do Innovative Industrial Properties, Inc.'s ratios come from?: Every ratio is computed from Innovative Industrial Properties, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.