Innovative Industrial Properties (FRA:1IK) Pre-Tax Income : €153.6 Mil (TTM As of Dec. 2023)

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What is Innovative Industrial Properties Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Innovative Industrial Properties's pretax income for the three months ended in Dec. 2023 was €38.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was €153.6 Mil. Innovative Industrial Properties's pretax margin was 52.60%.

During the past 8 years, Innovative Industrial Properties's highest Pretax Margin was 56.23%. The lowest was -1368.22%. And the median was 53.03%.

Innovative Industrial Properties Pre-Tax Income Historical Data

The historical data trend for Innovative Industrial Properties's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Innovative Industrial Properties Pre-Tax Income Chart

Innovative Industrial Properties Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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21.13

54.03

100.88

145.74

151.84

Innovative Industrial Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															39.18	38.38	38.09	38.97	38.18

Competitive Comparison of Innovative Industrial Properties's Pre-Tax Income

For the REIT - Industrial subindustry, Innovative Industrial Properties's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Innovative Industrial Properties's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Innovative Industrial Properties's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Innovative Industrial Properties's Pre-Tax Income falls into.

Innovative Industrial Properties Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Innovative Industrial Properties's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	160.096	+	0.02	+	-14.76	+	7.745	+	-1.257
	=	151.8

Innovative Industrial Properties's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	40.309	+	0	+	-2.544	+	1.67	+	-1.258
	=	38.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €153.6 Mil.

Innovative Industrial Properties (FRA:1IK) Pre-Tax Income Explanation

Innovative Industrial Properties's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	38.177	/	72.586
	=	52.60%

During the past 8 years, Innovative Industrial Properties's highest Pretax Margin was 56.23%. The lowest was -1368.22%. And the median was 53.03%.

Innovative Industrial Properties Pre-Tax Income Related Terms

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Innovative Industrial Properties (FRA:1IK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Innovative Industrial Properties Inc (FRA:1IK) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

IIPRpA.PFD:USA IIPR:USA 1IK:Germany

Address

1389 Center Drive, Suite 220, Park City, UT, USA, 84098

Website

https://www.innovativeindustrialproperties.com

Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

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