Innovative Industrial Properties (LTS:0JBD) EBITDA Margin %: 83.81% (As of Mar. 2026) — Near Median


LTS:0JBD Innovative Industrial Properties Inc LTS:0JBD
77 GF Score
Price $62.30
GF Value $64.05
Valuation Fairly Valued
! 12 Warning Signs
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What is Innovative Industrial Properties EBITDA Margin %?

Innovative Industrial Properties LTS:0JBD +2.59% 77 EBITDA Margin % is 83.81% as of Mar. 2026, which is 4% above its 10-year median of 80.52. GuruFocus rates LTS:0JBD with a GF Score™ of 77/100 and a GF Value™ of $64.05 (Fairly Valued). The stock has 12 warning signs investors should review. Among 750 REITs companies, Innovative Industrial Properties ranks better than 63.2% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Innovative Industrial Properties's EBITDA for the three months ended in Mar. 2026 was $57.8 Mil. Innovative Industrial Properties's Revenue for the three months ended in Mar. 2026 was $69.0 Mil. Therefore, Innovative Industrial Properties's EBITDA margin for the quarter that ended in Mar. 2026 was 83.81%.


Innovative Industrial Properties  (LTS:0JBD) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Innovative Industrial Properties EBITDA Margin % Related Terms


Innovative Industrial Properties EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Innovative Industrial Properties's EBITDA Margin % 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.

Innovative Industrial Properties EBITDA Margin % Chart

Innovative Industrial Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.16 84.18 80.41 80.62 79.35

Innovative Industrial Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.25 77.86 81.11 83.47 83.81

LTS:0JBD vs SMA, ILPT, LXP: EBITDA Margin % Comparison

For the REIT - Industrial subindustry, Innovative Industrial Properties's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Innovative Industrial Properties's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Innovative Industrial Properties's EBITDA Margin % falls into.


LTS:0JBD
77GF Score
Innovative Industrial Properties Inc LTS:0JBD
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Industrial Properties EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Innovative Industrial Properties's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=211.043/265.955
=79.35 %

Innovative Industrial Properties's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=57.824/68.996
=83.81 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 83.81% mean?
Innovative Industrial Properties (LTS:0JBD) has a EBITDA Margin % of 83.81% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Innovative Industrial Properties and its competitors. This is near median its historical median of 80.52. According to the industry distribution chart, Innovative Industrial Properties ranks #276 out of 750 companies in the REITs industry, placing it in the top 36.8%.
Is Innovative Industrial Properties' EBITDA Margin % too high?
Innovative Industrial Properties' current EBITDA Margin % of 83.81% is near median its 10-year median of 80.52. The REITs industry median EBITDA Margin % is 69.79. Innovative Industrial Properties' value of 83.81% is 20.1% above this industry median. Based on the distribution chart, Innovative Industrial Properties ranks #276 out of 750 companies in the REITs industry, which is above the industry midpoint. Overall, Innovative Industrial Properties has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' EBITDA Margin % compare to SMA and ILPT?
According to the REITs industry distribution chart, Innovative Industrial Properties ranks #276 out of 750 companies for EBITDA Margin %. This puts Innovative Industrial Properties in the upper half of its industry. The industry median EBITDA Margin % is 69.79. Innovative Industrial Properties' value of 83.81% is 20.1% above this benchmark. While the company's 10-year median is 80.52 vs. the industry median of 69.79, Innovative Industrial Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.79, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovative Industrial Properties's current EBITDA Margin % of 83.81% is 20.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Innovative Industrial Properties and its competitors. For the REITs industry, the median EBITDA Margin % is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Industrial Properties's current EBITDA Margin % is 83.81%, which is near median its own 10-year median of 80.52. 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 (LTS:0JBD) is currently considered Fairly Valued. The stock's GF Value™ is $64.05, compared to a current price of $62.30 — trading 2.7% below its estimated fair value. The current EBITDA Margin % is 83.81%, which is near median its 10-year median of 80.52 and 20.1% above the REITs industry median of 69.79. Innovative Industrial Properties' overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Innovative Industrial Properties (LTS:0JBD), the current EBITDA Margin % is 83.81% 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 (LTS:0JBD) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued. The current stock price of $62.30 is trading 2.7% below its estimated GF Value™ of $64.05. GuruFocus considers Innovative Industrial Properties to be Fairly Valued.

Key valuation signals for LTS:0JBD:

  • EBITDA Margin %: 83.81% (near median its 10-year median of 80.52)
  • GF Value™: $64.05 vs. price of $62.30 (2.7% below fair value)
  • GF Score™: 77/100 with 12 warning signs
  • Industry Position: 20.1% above the REITs median (#276 of 750)

No single metric tells the full story. See the LTS:0JBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovative Industrial Properties Business Description

Industry Real EstateREITs
Address 1389 Center Drive, Suite 200, Park City, UT, USA, 84098
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.
77GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.30
Price
$64.05
GF Value