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.

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	46.8%-5.8pp	46.7%-7.9pp	48.6%-6.1pp	51%-4.1pp	52.6%-3.5pp
Net margin	45.6%-4.7pp	44.5%-7.9pp	45.8%-6.7pp	47.7%-5.0pp	50.3%-2.8pp
EBITDA margin	75%-1.3pp	74.5%-3.0pp	75.4%-1.8pp	76.4%-0.7pp	76.2%-1.8pp
Returns
Return on equity	6.3%-1.6pp	6.2%-2.1pp	6.6%-1.7pp	7.2%-1.3pp	7.9%-0.5pp
Return on assets	5.1%-1.4pp	5%-1.8pp	5.3%-1.5pp	5.9%-1.0pp	6.5%-0.4pp
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×-3.5×	6.1×-3.4×	7.5×-2.4×	8.2×-1.8×	9×-1.0×
Per Share
Book value per share	$66.55-1.0%	$65.12-4.0%	$65.83-3.3%	$66.40-2.6%	$67.24-2.1%
Valuation
Market capitalization	$1.41B-7.9%	$1.33B-29.7%	$1.5B-60.5%	$1.65B-46.3%	$1.53B-47.1%
Price / earnings	11.8×+1.8×	11.2×-0.5×	11.9×-11.4×	12×-6.7×	10×-7.7×
Price / sales	5.4×+0.3×	5×-1.1×	5.4×-6.8×	5.7×-4.1×	5×-4.4×
Price / book	0.7×-0.1×	0.7×-0.3×	0.8×-1.1×	0.9×-0.7×	0.8×-0.7×
Earnings yield	8.5%-1.5pp	8.9%+0.3pp	8.4%+4.1pp	8.3%+3.0pp	10%+4.3pp
Dividend yield	15.3%+1.3pp	16.3%+5.1pp	14.4%+9.0pp	13.2%+6.5pp	14%+7.0pp

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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.