IIPR FY 2024 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

FY 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$309M-0.3% YoY

Gross Profit

$280M90.8% margin

Operating Income

$168M54.6% margin

Net Income

$162M52.4% margin

EPS (Diluted)

$5.52

Cash Flow

Operating Cash Flow

$258M

Free Cash Flow

$258M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$442M

Stockholders' Equity

$1.9B

Cash & Equivalents

$146M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$309M	$310M	-0.3%
Gross Profit	$280M	$285M	-1.6%
Operating Income	$168M	$175M	-3.6%
Net Income	$162M	$166M	-2.4%