ILPT (Industrial Logistics Properties Trust) Interest Coverage: 0.65 (As of Mar. 2026) — 68% Below Median


ILPT Industrial Logistics Properties Trust ILPT
72 GF Score
Price $9.28
GF Value $4.21
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Industrial Logistics Properties Trust Interest Coverage?

Industrial Logistics Properties Trust ILPT +5.75% 72 Interest Coverage is 0.65 as of Mar. 2026, which is 68% below its 10-year median of 2.06. GuruFocus rates ILPT with a GF Score™ of 72/100 and a GF Value™ of $4.21 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 700 REITs companies, Industrial Logistics Properties Trust ranks worse than 93.14% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Industrial Logistics Properties Trust's Operating Income for the three months ended in Mar. 2026 was $40.0 Mil. Industrial Logistics Properties Trust's Interest Expense for the three months ended in Mar. 2026 was $-61.7 Mil. Industrial Logistics Properties Trust's interest coverage for the quarter that ended in Mar. 2026 was 0.65. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Industrial Logistics Properties Trusts earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Industrial Logistics Properties Trust's Interest Coverage or its related term are showing as below:

ILPT' s Interest Coverage Range Over the Past 10 Years
Min: 0.4   Med: 2.06   Max: 39.45
Current: 0.59


ILPT's Interest Coverage is ranked worse than
93.14% of 700 companies
in the REITs industry
Industry Median: 3.095 vs ILPT: 0.59

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Industrial Logistics Properties Trust  (NAS:ILPT) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Industrial Logistics Properties Trust Interest Coverage Related Terms


Industrial Logistics Properties Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for Industrial Logistics Properties Trust's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Industrial Logistics Properties Trust Interest Coverage Chart

Industrial Logistics Properties Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 0.40 0.45 0.47 0.56

Industrial Logistics Properties Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.54 0.54 0.56 0.61 0.65

ILPT vs MDV, IIPR, SMA: Interest Coverage Comparison

For the REIT - Industrial subindustry, Industrial Logistics Properties Trust's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Industrial Logistics Properties Trust Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Industrial Logistics Properties Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Industrial Logistics Properties Trust's Interest Coverage falls into.


ILPT
72GF Score
Industrial Logistics Properties Trust ILPT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial Logistics Properties Trust Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Industrial Logistics Properties Trust's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Industrial Logistics Properties Trust's Interest Expense was $-264.6 Mil. Its Operating Income was $147.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,204.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*147.925/-264.559
=0.56

Industrial Logistics Properties Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Industrial Logistics Properties Trust's Interest Expense was $-61.7 Mil. Its Operating Income was $40.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,200.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*40.042/-61.702
=0.65

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.65 mean?
Industrial Logistics Properties Trust (ILPT) has a Interest Coverage of 0.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Industrial Logistics Properties Trust and its competitors. This is 68% below median its historical median of 2.06. Over the past decade, Industrial Logistics Properties Trust's Interest Coverage has ranged from 0.40 to 39.45. According to the industry distribution chart, Industrial Logistics Properties Trust ranks #652 out of 700 companies in the REITs industry, placing it in the top 93.1%.
Is Industrial Logistics Properties Trust's Interest Coverage too high?
Industrial Logistics Properties Trust's current Interest Coverage of 0.65 is 68% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 39.45. The REITs industry median Interest Coverage is 3.10. Industrial Logistics Properties Trust's value of 0.65 is 79% below this industry median. Based on the distribution chart, Industrial Logistics Properties Trust ranks #652 out of 700 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Industrial Logistics Properties Trust has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrial Logistics Properties Trust's Interest Coverage compare to MDV and IIPR?
According to the REITs industry distribution chart, Industrial Logistics Properties Trust ranks #652 out of 700 companies for Interest Coverage. This places Industrial Logistics Properties Trust in the lower half of its industry. The industry median Interest Coverage is 3.10. Industrial Logistics Properties Trust's value of 0.65 is 79% below this benchmark. Historically, Industrial Logistics Properties Trust's own Interest Coverage has ranged from 0.40 to 39.45 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 3.10, Industrial Logistics Properties Trust has consistently been below 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Industrial Logistics Properties Trust's current Interest Coverage of 0.65 is 79% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Industrial Logistics Properties Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial Logistics Properties Trust's current Interest Coverage is 0.65, which is 68% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Logistics Properties Trust stock overvalued right now?
Based on GuruFocus' analysis, Industrial Logistics Properties Trust (ILPT) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.21, compared to a current price of $9.28 — trading 120.3% above its estimated fair value. The current Interest Coverage is 0.65, which is 68% below median its 10-year median of 2.06 and 79% below the REITs industry median of 3.10. Industrial Logistics Properties Trust's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Industrial Logistics Properties Trust (ILPT), the current Interest Coverage is 0.65 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 Industrial Logistics Properties Trust (ILPT) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial Logistics Properties Trust stock appears to be overvalued. The current stock price of $9.28 is trading 120.3% above its estimated GF Value™ of $4.21. GuruFocus considers Industrial Logistics Properties Trust to be Significantly Overvalued.

Key valuation signals for ILPT:

  • Interest Coverage: 0.65 (68% below median its 10-year median of 2.06)
  • GF Value™: $4.21 vs. price of $9.28 (120.3% above fair value)
  • GF Score™: 72/100 with 10 warning signs
  • Industry Position: 79% below the REITs median (#652 of 700)

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


Industrial Logistics Properties Trust Business Description

Industry Real EstateREITs
Address Two Newton Place, 255 Washington Street, Suite 300, Newton, MA, USA, 02458-1634
Industrial Logistics Properties Trust is a real estate investment trust. It owns and leases industrial and logistics properties throughout the United States. The company's investment portfolio includes industrial lands in Hawaii and industrial and logistics properties in other states. Rental revenue is earned from Hawaii Properties and Mainland Properties.
72GF Score

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

$9.28
Price
$4.21
GF Value