GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Innovative Industrial Properties Inc (STU:1IK) » Definitions » Revenue

Innovative Industrial Properties (STU:1IK) Revenue : €285.1 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Innovative Industrial Properties Revenue?

Innovative Industrial Properties's revenue for the three months ended in Sep. 2024 was €69.0 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was €285.1 Mil. Innovative Industrial Properties's Revenue per Share for the three months ended in Sep. 2024 was €2.41. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was €10.01.

Warning Sign:

Innovative Industrial Properties Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Innovative Industrial Properties was 2.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 22.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 38.10% 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 other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Innovative Industrial Properties's highest 3-Year average Revenue per Share Growth Rate was 132.40% per year. The lowest was 22.40% per year. And the median was 46.50% per year.


Innovative Industrial Properties Revenue Historical Data

The historical data trend for Innovative Industrial Properties's Revenue 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 Revenue Chart

Innovative Industrial Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 40.20 96.09 181.03 260.88 283.82

Innovative Industrial Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue 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 72.92 72.59 69.42 74.13 68.95

Competitive Comparison of Innovative Industrial Properties's Revenue

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

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

* The bar in red indicates where Innovative Industrial Properties's Revenue falls into.



Innovative Industrial Properties Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €285.1 Mil.

* 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  (STU:1IK) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Innovative Industrial Properties Revenue Related Terms

Thank you for viewing the detailed overview of Innovative Industrial Properties's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Innovative Industrial Properties Business Description

Traded in Other Exchanges
Address
1389 Center Drive, Suite 200, Park City, UT, USA, 84098
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.

Innovative Industrial Properties Headlines

No Headlines