Innovative Industrial Properties, Inc. Tangible Book Value per Share History
IIPR / Real Estate|10 years of SEC 10-K data (FY2016-FY2025)
65.12 in FY2025 with a 5-year CAGR of -3.5%. Top quartile in the Real Estate sector.
Declined from $69.12 to $65.12 over the past 2 years.
Among 137 Real Estate companies, Innovative Industrial Properties, Inc. is in the top 7% for tangible book value per share. Tangible Book Value per Share has declined for 3 consecutive years, from $70.92 in FY2022 to $65.12 in FY2025.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -2.8%
- 5-Year CAGR
- -3.5%
- 10-Year CAGR
- -
Tangible Book Value per Share Trend
Top 7% in Real EstateTop 7% of 137This company $65.12 Sector average $307.80
▼
-78.8% below sector average
Key Insights
- Innovative Industrial Properties, Inc.'s tangible book value per share has declined for 3 consecutive years.
- In FY2025, tangible book value per share decreased 4.0% year-over-year.
- Ranks #10 out of 137 companies in the Real Estate sector.
- Peak tangible book value per share was recorded in FY2020.
Annual Data
| Year | Tangible Book Value per Share | YoY Growth |
|---|---|---|
| FY2025 | $65.12 | -4.0% |
| FY2024 | $67.86 | -1.8% |
| FY2023 | $69.12 | -2.5% |
| FY2022 | $70.92 | +15.6% |
| FY2021 | $61.37 | -21.3% |
| FY2020 | $77.97 | +52.0% |
| FY2019 | $51.29 | +41.4% |
| FY2018 | $36.27 | +66.5% |
| FY2017 | $21.79 | -65.3% |
| FY2016 | $62.78 | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026