IIPRPA.PFD (Innovative Industrial Properties) OCF Yield %: 11.29 (As of Jun. 25, 2026) — 108% Above Median


IIPRPA.PFD Innovative Industrial Properties Inc IIPRPA.PFD
77 GF Score
Price $24.81
! 12 Warning Signs
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What is Innovative Industrial Properties OCF Yield %?

Innovative Industrial Properties IIPRPA.PFD +0.65% 77 OCF Yield % is 11.29 as of Jun. 25, 2026, which is 108% above its 10-year median of 5.44. GuruFocus rates IIPRPA.PFD with a GF Score™ of 77/100. The stock has 12 warning signs investors should review. Among 942 REITs companies, Innovative Industrial Properties ranks better than 74.63% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, Innovative Industrial Properties's Trailing 12-Month Cash Flow from Operations is $199.98 Mil, and Market Cap is $0.00 Mil. Therefore, Innovative Industrial Properties's OCF Yield % for today is 11.29%.

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

IIPRpA.PFD' s OCF Yield % Range Over the Past 10 Years
Min: 1.56   Med: 5.44   Max: 17.37
Current: 11.29


During the past 10 years, the highest OCF Yield % of Innovative Industrial Properties was 17.37%. The lowest was 1.56%. And the median was 5.44%.

IIPRpA.PFD's OCF Yield % is ranked better than
74.63% of 942 companies
in the REITs industry
Industry Median: 7.305 vs IIPRpA.PFD: 11.29

Innovative Industrial Properties's OCF Margin % for the quarter that ended in Mar. 2026 was %.


Innovative Industrial Properties OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Innovative Industrial Properties OCF Yield % Related Terms


Innovative Industrial Properties OCF Yield % Historical Data

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The historical data trend for Innovative Industrial Properties's OCF Yield % 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 OCF Yield % Chart

Innovative Industrial Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
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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
OCF Yield % 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 0.00 0.00 0.00 0.00 0.00

IIPRPA.PFD vs SMA, ILPT, LXP: OCF Yield % Comparison

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

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

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


IIPRPA.PFD
77GF Score
Innovative Industrial Properties Inc IIPRPA.PFD
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Industrial Properties OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

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

OCF Yield %=Cash Flow from Operations / Market Cap
=198.189 /
=N/A%

Innovative Industrial Properties's annualized OCF Yield % for the quarter that ended in Mar. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=56.031 * 4 /
=N/A%

* 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 OCF Yield % →
What does a OCF Yield % of 11.29 mean?
Innovative Industrial Properties (IIPRPA.PFD) has a OCF Yield % of 11.29 as of Jun. 25, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Innovative Industrial Properties and its competitors. This is 108% above median its historical median of 5.44. Over the past decade, Innovative Industrial Properties' OCF Yield % has ranged from 1.56 to 17.37. According to the industry distribution chart, Innovative Industrial Properties ranks #239 out of 942 companies in the REITs industry, placing it in the top 25.4%.
Is Innovative Industrial Properties' OCF Yield % too high?
Innovative Industrial Properties' current OCF Yield % of 11.29 is 108% above median its 10-year median of 5.44. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 17.37. The REITs industry median OCF Yield % is 7.31. Innovative Industrial Properties' value of 11.29 is 54.6% above this industry median. Based on the distribution chart, Innovative Industrial Properties ranks #239 out of 942 companies in the REITs industry, which is above the industry midpoint. Overall, Innovative Industrial Properties has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' OCF Yield % compare to SMA and ILPT?
According to the REITs industry distribution chart, Innovative Industrial Properties ranks #239 out of 942 companies for OCF Yield %. This puts Innovative Industrial Properties in the upper half of its industry. The industry median OCF Yield % is 7.31. Innovative Industrial Properties' value of 11.29 is 54.6% above this benchmark. Historically, Innovative Industrial Properties' own OCF Yield % has ranged from 1.56 to 17.37 over the past decade. While the company's 10-year median is 5.44 vs. the industry median of 7.31, 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 OCF Yield % for a REITs company?
The median OCF Yield % among REITs companies is 7.31, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovative Industrial Properties's current OCF Yield % of 11.29 is 54.6% 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Innovative Industrial Properties and its competitors. For the REITs industry, the median OCF Yield % is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Industrial Properties's current OCF Yield % is 11.29, which is 108% above median its own 10-year median of 5.44. 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?
Innovative Industrial Properties (IIPRPA.PFD) has a current OCF Yield % of 11.29. The current OCF Yield % is 11.29, which is 108% above median its 10-year median of 5.44 and 54.6% above the REITs industry median of 7.31. 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 OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Innovative Industrial Properties (IIPRPA.PFD), the current OCF Yield % is 11.29 as of Jun. 25, 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.

Innovative Industrial Properties Business Description

Industry Real EstateREITs
Other Exchanges IIPR:USA0JBD:UK1IK:Germany
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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OCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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