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During the past 12 months, Innovative Industrial Properties's average EBITDA Per Share Growth Rate was -10.50% per year.
During the past 3 years, the average EBITDA Per Share Growth Rate was -4.00% per year.
During the past 5 years, the average EBITDA Per Share Growth Rate was 8.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
During the past 10 years, the highest 3-Year average EBITDA Per Share Growth Rate of Innovative Industrial Properties was 173.70% per year. The lowest was -4.00% per year. And the median was 26.75% per year.
EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.
Innovative Industrial Properties 3-Year EBITDA Growth Rate Related Terms
IIPR vs SMA, ILPT, NSA: 3-Year EBITDA Growth Rate Comparison
For the REIT - Industrial subindustry, Innovative Industrial Properties's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate 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 3-Year EBITDA Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Innovative Industrial Properties's 3-Year EBITDA Growth Rate distribution charts can be found below:
* The bar in red indicates where Innovative Industrial Properties's 3-Year EBITDA Growth Rate falls into.
This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
What does a 3-Year EBITDA Growth Rate of -4.00% mean?
Innovative Industrial Properties (IIPR) has a 3-Year EBITDA Growth Rate of -4.00% as of Mar. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for Innovative Industrial Properties and its competitors. According to the industry distribution chart, Innovative Industrial Properties ranks #417 out of 613 companies in the REITs industry, placing it in the top 68%.
Is Innovative Industrial Properties' 3-Year EBITDA Growth Rate too high?
Innovative Industrial Properties' current 3-Year EBITDA Growth Rate is -4.00%. Based on the distribution chart, Innovative Industrial Properties ranks #417 out of 613 companies in the REITs industry, which is below the industry midpoint. Overall, Innovative Industrial Properties has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' 3-Year EBITDA Growth Rate compare to SMA and ILPT?
According to the REITs industry distribution chart, Innovative Industrial Properties ranks #417 out of 613 companies for 3-Year EBITDA Growth Rate. This places Innovative Industrial Properties in the lower half of its industry. The industry median 3-Year EBITDA Growth Rate is 2.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for a REITs company?
The median 3-Year EBITDA Growth Rate among REITs companies is 2.70, based on 613 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for Innovative Industrial Properties and its competitors. For the REITs industry, the median 3-Year EBITDA Growth Rate is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Industrial Properties's current 3-Year EBITDA Growth Rate is -4.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Based on GuruFocus' analysis, Innovative Industrial Properties (IIPR) is currently considered Fairly Valued. The stock's GF Value™ is $64.94, compared to a current price of $61.21 — trading 5.7% below its estimated fair value. The current 3-Year EBITDA Growth Rate is -4.00%. Innovative Industrial Properties' overall GF Score™ is 78/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For Innovative Industrial Properties (IIPR), the current 3-Year EBITDA Growth Rate is -4.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Innovative Industrial Properties (IIPR) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued.
The current stock price of $61.21 is trading 5.7% below its estimated GF Value™ of $64.94.
GuruFocus considers Innovative Industrial Properties to be Fairly Valued.
Key valuation signals for IIPR:
3-Year EBITDA Growth Rate: -4.00%
GF Value™: $64.94 vs. price of $61.21 (5.7% below fair value)
No single metric tells the full story. See the IIPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Industrial Properties Business Description
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
78GF Score
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3-Year EBITDA Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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