What one share of Innovative Industrial Properties holds
We are an internally-managed REIT focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Our properties are primarily leased to experienced, state-licensed operators for their regulated cannabis facilities.
Innovative Industrial Properties’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $9.17 |
|---|---|
| Profit | $4.43 |
| Dividends | $7.50 |
| Cash and investments | $7.43 |
| Debt | $4.55 |
| Book value | $62.48 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2017 | $1.90 | −$0.13 | $1.75 | −$0.27 | $0.55 | $17.01 |
| 2018 | $2.03 | $0.75 | — | — | — | $25.60 |
| 2019 | $4.18 | $2.03 | — | — | — | $42.26 |
| 2020 | $5.98 | $3.27 | — | — | — | $63.12 |
| 2021 | $7.79 | $4.55 | — | — | — | $62.38 |
| 2022 | $9.99 | $5.52 | — | — | — | $69.63 |
| 2023 | $10.95 | $5.77 | — | — | — | $68.90 |
| 2024 | $10.81 | $5.53 | — | — | — | $67.50 |
| 2025 | $9.37 | $3.93 | — | — | — | $64.24 |
Common questions about Innovative Industrial Properties
How much does one share of Innovative Industrial Properties earn?
Over the last 12 months, each share of Innovative Industrial Properties earned $4.43 of profit on $9.17 of sales, keeping about 48¢ of every $1 (profit margin).
Does Innovative Industrial Properties pay a dividend?
Yes. Innovative Industrial Properties paid $7.50 per share in dividends over the last 12 months. That’s about 169¢ of each $1 of profit (payout ratio).
What is Innovative Industrial Properties’s book value per share?
Innovative Industrial Properties’s book value is $62.48 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of June 30, 2026.
How much cash and debt does each share of Innovative Industrial Properties have?
Each share of Innovative Industrial Properties has $7.43 of cash and investments and $4.55 of debt, as of June 30, 2026.
Has Innovative Industrial Properties bought back shares?
Innovative Industrial Properties’s share count rose about 741% from 2017 to 2025. That dilution means each share owns a smaller slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.