Innovative Industrial Properties, Inc. Cash Flow Statement
IIPR / Real Estate|10 years of annual SEC 10-K data (FY2016-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 10 fiscal years. All figures from audited SEC 10-K filings.
Innovative Industrial Properties, Inc. generated $198M in operating cash flow in FY2025. The company returned $216M in dividends and $20M in share buybacks to shareholders in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
- High profit margin: 44.5% of revenue retained as profit
- Conservative debt: Debt-to-equity ratio of 0.21
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $118.2M | $161.7M | $165.6M | $154.4M | $114.0M | $65.7M | $23.5M | $7.0M | -$72.0K | -$4.4M |
| Depreciation & Amortization | $74.1M | $70.8M | $67.2M | $61.3M | $41.8M | $28.0M | $8.6M | $2.6M | $915.0K | $27.0K |
| Operating Cash Flow | $198.2M | $258.4M | $255.5M | $234.1M | $188.7M | $110.8M | $44.9M | $15.7M | $5.0M | $1.7M |
| Capital Expenditures | - | - | - | - | - | - | - | - | $5.9M | $0 |
| Free Cash Flow | - | - | - | - | - | - | - | - | -$896.0K | $1.7M |
| Share Buybacks | $20.1M | $0 | $0 | - | - | - | - | - | $0 | $1.0K |
| Dividends Paid | $216.3M | $212.0M | $202.7M | $183.9M | $131.0M | $75.5M | $22.6M | $6.6M | $1.1M | $0 |
| FCF Margin | - | - | - | - | - | - | - | - | -14.0% | - |