Innovative Industrial Properties Net Income

IIPR Stock  USD 51.61  -2.01  -3.75%   
The Net Income metric for Innovative Industrial is shown here with the underlying formula and current reported value. The calculation methodology follows standard financial reporting practices. Updates to this value follow the company's financial reporting schedule. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

=

114.44 M

Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales. This Net Income figure for Innovative Industrial is based on recent reported data. All data reflects publicly available financial reports.

Latest Innovative Industrial's Net Income Growth Pattern

Innovative Industrial's Net Income spanning 11 reporting periods is plotted below. The gaining momentum trajectory is clearest when viewed across the full reporting window. The interplay between trend direction and volatility shapes the risk profile of this metric. The annual reporting cadence smooths out intra-year noise, revealing the underlying direction. Year-over-year changes in Innovative Industrial's Net Income tend to be more stable signals than quarter-over-quarter movements.
ViewLast Reported 114.44 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Net Income Trend Statistics

Arithmetic Mean 53,669,630
Geometric Mean 15,758,707
Coefficient Of Variation 119.77
Mean Deviation 56,562,337
Median 6,985,000
Standard Deviation 64,278,746
Sample Variance4131.8T
Range170M
R-Value 0.81
Mean Square Error1520.6T
R-Squared 0.65
Significance 0.000083
Slope 10,301,745
Total Sum of Squares66108.1T

Innovative Industrial Net Income History

202680.7 M
2025114.4 M
2024161.7 M
2023165.6 M
2022154.4 M
2021114 M
202065.7 M
201923.5 M
2018M
2017-72 K
2016-4.4 M

Other Related Fundamentals

Net Income component correlations

Related Accounts

Last ReportedEnd Of Year Estimate
Net Income From Continuing Ops118.2 M81 M
Net Income Applicable To Common Shares181.2 M190.3 M
Net Income114.4 M80.5 M
Net Income Per Share 4.09 2.26
Net Income Per E B T 0.90 0.80

Net Income Driver Correlations

A sound financial model for Innovative Industrial must account for the correlations between Innovative Industrial's key financial indicators, including Net Income. Because Innovative Industrial's accounts are all linked within its financial reports, a correlation-based approach provides a practical way to assess.
Competition

Innovative Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

-26,460
Recent disclosures position Accumulated Other Comprehensive Income within a pulling back cycle. In the last completed fiscal year, Innovative Industrial registered Accumulated Other Comprehensive Income of -25,200.
Innovative Industrial's Net Income stands at 114.44 M. This is 54.06% lower than that of the Diversified REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The net income for all United States stocks is 79.96% higher than that of the company.

Fundamental Drivers Relationships

Peer comparison models estimate Innovative Industrial's intrinsic positioning within its sector. Mapping the correlation between Innovative Industrial's fundamental drivers and peer metrics highlights which indicators are most influential for its intrinsic value. More Info.
Innovative Industrial Properties is ranked fourth for net income against industry peers. It is ranked third for return on asset against industry peers . Net Income runs about 3,346,052,632 times Return On Asset for Innovative Industrial Properties. According to the latest estimates, Net Income is gaining momentum with a magnitude of about 41.84%. A year ago, Innovative Industrial reported Net Income at 114.44 Million. Multiples-driven valuation aligns Innovative Industrial with peer performance.

Net Income Peer Comparison

Comparing Innovative Industrial to its peers on Net Income is a core component of equity analysis that supports assessment of relative value. A notably favorable Innovative Industrial's Net Income compared to competitors can indicate undervaluation or a stronger competitive position.
Innovative Industrial is currently under evaluation for net income against industry peers.

Current Valuation Drivers

The valuation scores for Innovative Industrial are built using financial indicators derived from Innovative Industrial's income statement, balance sheet, and cash flow data. These drivers measure how well Innovative Industrial's generates profit relative to its revenue, operating costs, and equity base.
202120222023202420252026 (projected)
Market Cap6.3B2.8B2.8B1.3B1.2B1.4B
Enterprise Value6.5B3.0B3.0B1.7B1.5B1.7B

Institutional Holders

Institutional Holdings for Innovative Industrial represents the equity stake owned by large financial organizations such as mutual funds, pension funds, and insurance companies. These investors typically hold large blocks of Innovative Industrial's shares and have the influence to shape management.
Shares
Morgan Stanley - Brokerage Accounts2025-09-30
313.2 K
Jpmorgan Chase & Co2025-09-30
301.2 K
Millennium Management Llc2025-12-31
250.1 K
Alphacore Capital Llc2025-09-30
211.4 K
Legal & General Group Plc2025-12-31
193.9 K
Principal Financial Group Inc2025-09-30
166.8 K
Thrivent Financial For Lutherans2025-12-31
142.3 K
Edgestream Partners, L.p.2025-12-31
126.2 K
Pacer Advisors, Inc.2025-12-31
116 K
Blackrock Inc2025-09-30
4.7 M
Vanguard Group Inc2025-12-31
4.3 M

Important Fundamentals

Financial Metrics, Fundamentals & Methodology

Analyzing Innovative Industrial involves reviewing competitive margins and capital risk exposure. Return-based metrics measure structural efficiency across cycles. In recent filings, Innovative Industrial posted revenue of 265.95 M, positive EPS of 3.93, operating margin of 51.28%.

Reported values for Innovative Industrial Properties are derived from periodic company reporting and market reference feeds and then standardized by Macroaxis analytics. Analyst projections are included when active coverage applies. Refresh times depend on source availability. Statement-level metrics reflect company-reported GAAP or IFRS formats for the relevant filing period.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board
Last reviewed on March 9th, 2026