Company / Tangible Book Value per Share
Innovative Industrial Properties, Inc. Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$65.23
FY2025
5-year range
$22.89 / $69.82
FY2021-FY2025
Trend
-5.2%
vs FY2024
Sector context
#10 of 138
Real Estate
What the data says
Among 138 Real Estate companies, Innovative Industrial Properties, Inc. is in the top 7% for tangible book value per share. Declined from $69.82 to $65.23 over the past 2 years.
Based on SEC 10-K filings.
65.23 in FY2025 with a 5-year CAGR of +25.5%. Top quartile in the Real Estate sector.
Declined from $69.82 to $65.23 over the past 2 years.
Real Estate sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- +3.1%
- 5-Year CAGR
- +25.5%
- 10-Year CAGR
- -
Sector benchmark
-78.7% below sector average
Key checks
Key Insights
- In FY2025, tangible book value per share decreased 5.2% year-over-year.
- Ranks #10 out of 138 companies in the Real Estate sector.
- Peak tangible book value per share was recorded in FY2023.
- Lowest tangible book value per share in the period was in FY2019.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $65.23 | -5.2% |
| FY2024 | $68.80 | -1.5% |
| FY2023 | $69.82 | +17.3% |
| FY2022 | $59.54 | +160.1% |
| FY2021 | $22.89 | +9.5% |
| FY2020 | $20.91 | +178.0% |
| FY2019 | $7.52 | -56.4% |
| FY2018 | $17.26 | -20.8% |
| FY2017 | $21.79 | -65.3% |
| FY2016 | $62.78 | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026