IIPR, IIPR-PA · CIK 0001677576 · operating
This real estate investment trust (REIT) acquires, owns, and manages specialized industrial properties and life science real estate. The company's portfolio focuses on properties that serve tenants in regulated industries, with particular emphasis on cannabis cultivation and processing facilities, as well as life science and laboratory spaces. Revenue is primarily generated through lease payments from tenant occupants across its property portfolio.
The company operates with a lean corporate structure of 23 full-time employees, with headquarters in San Diego, California. As a NYSE-listed REIT with a market capitalization of approximately $0.9 billion, the company generates revenue through property leasing arrangements on its owned or controlled real estate assets. The business model centers on long-term leases to specialized industrial tenants, providing steady rental income streams across its geographic footprint.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $3.93 | $3.98 | -28.8% | |
| 2024 | $5.52 | $5.58 | -4.3% | |
| 2023 | $5.77 | $5.82 | +4.5% | |
| 2022 | $5.52 | $5.57 | +21.3% | |
| 2021 | $4.55 | $4.69 | +400.0% | |
| 2020 | $0.91 | $0.91 | +16.7% | |
| 2019 | $0.78 | $0.79 | +4.0% | |
| 2018 | $0.75 | $0.76 | — | |
| 2017 | — | — | — | |
| 2016 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-24 | 0001677576-26-000001 | SEC ↗ |
| 2024-12-31 | 2025-02-21 | 0001558370-25-001322 | SEC ↗ |
| 2023-12-31 | 2024-02-27 | 0001558370-24-001866 | SEC ↗ |
| 2022-12-31 | 2023-02-28 | 0001558370-23-002394 | SEC ↗ |
| 2021-12-31 | 2022-02-24 | 0001558370-22-001947 | SEC ↗ |
| 2020-12-31 | 2021-02-26 | 0001558370-21-001890 | SEC ↗ |
| 2019-12-31 | 2020-03-02 | 0001104659-20-027821 | SEC ↗ |
| 2018-12-31 | 2019-03-14 | 0001144204-19-013981 | SEC ↗ |
| 2017-12-31 | 2018-03-29 | 0001144204-18-017926 | SEC ↗ |
| 2016-12-31 | 2017-03-23 | 0001144204-17-016274 | SEC ↗ |