Innovative Industrial Properties (Innovative Industrial Properties) Net Margin % : 52.60% (As of Dec. 2023)

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What is Innovative Industrial Properties Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Innovative Industrial Properties's Net Income for the three months ended in Dec. 2023 was $41.63 Mil. Innovative Industrial Properties's Revenue for the three months ended in Dec. 2023 was $79.16 Mil. Therefore, Innovative Industrial Properties's net margin for the quarter that ended in Dec. 2023 was 52.60%.

The historical rank and industry rank for Innovative Industrial Properties's Net Margin % or its related term are showing as below:

IIPRpA.PFD' s Net Margin % Range Over the Past 10 Years
Min: -1368.22 Med: 53.03 Max: 56.23
Current: 53.5

IIPRpA.PFD's Net Margin % is ranked better than
68.76% of 797 companies
in the REITs industry
Industry Median: 32.78 vs IIPRpA.PFD: 53.50

Innovative Industrial Properties Net Margin % Historical Data

The historical data trend for Innovative Industrial Properties's Net 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.

* Premium members only.

Innovative Industrial Properties Net Margin % Chart

Innovative Industrial Properties Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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52.56

56.23

55.73

55.86

53.50

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
Net Margin %	Get a 7-Day Free Trial															58.91	54.02	53.98	53.44	52.60

Competitive Comparison of Innovative Industrial Properties's Net Margin %

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

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

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

Innovative Industrial Properties Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	165.588	/	309.506
	=	53.50 %

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

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	41.633	/	79.156
	=	52.60 %

Innovative Industrial Properties (NYSE:IIPRpA.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Innovative Industrial Properties Net Margin % Related Terms

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Innovative Industrial Properties (Innovative Industrial Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Innovative Industrial Properties Inc (NYSE:IIPRpA.PFD) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

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.