REXR (Rexford Industrial Realty) Altman Z-Score: 1.34 (As of Jun. 28, 2026) — 42% Below Median


REXR Rexford Industrial Realty Inc REXR
91 GF Score
Price $34.35
GF Value $43.00
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Rexford Industrial Realty Altman Z-Score?

Rexford Industrial Realty REXR +2.54% 91 Altman Z-Score is 1.34 as of Jun. 28, 2026, which is 42% below its 10-year median of 2.31. GuruFocus rates REXR with a GF Score™ of 91/100 and a GF Value™ of $43.00 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 739 REITs companies, Rexford Industrial Realty ranks better than 60.35% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 1.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Rexford Industrial Realty has a Altman Z-Score of 1.34, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Rexford Industrial Realty's Altman Z-Score or its related term are showing as below:

REXR' s Altman Z-Score Range Over the Past 10 Years
Min: 1.28   Med: 2.31   Max: 4.7
Current: 1.34

During the past 13 years, Rexford Industrial Realty's highest Altman Z-Score was 4.70. The lowest was 1.28. And the median was 2.31.


Rexford Industrial Realty  (NYSE:REXR) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Rexford Industrial Realty Altman Z-Score Related Terms


Rexford Industrial Realty Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Rexford Industrial Realty's Altman Z-Score 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.

Rexford Industrial Realty Altman Z-Score Chart

Rexford Industrial Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.70 2.75 2.68 1.45 1.53

Rexford Industrial Realty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 1.59 1.48 1.67 1.53 1.28

REXR vs FR, STAG, CUBE: Altman Z-Score Comparison

For the REIT - Industrial subindustry, Rexford Industrial Realty's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.


Rexford Industrial Realty Altman Z-Score vs REITs Industry

For the REITs industry and Real Estate sector, Rexford Industrial Realty's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Rexford Industrial Realty's Altman Z-Score falls into.


REXR
91GF Score
Rexford Industrial Realty Inc REXR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rexford Industrial Realty Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Rexford Industrial Realty's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0029+1.4*-0.0526+3.3*0.0278+0.6*2.0601+1.0*0.0803
=1.34

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $12,397.4 Mil.
Total Current Assets was $441.7 Mil.
Total Current Liabilities was $405.3 Mil.
Retained Earnings was $-651.7 Mil.
Pre-Tax Income was 94.562 + -67.735 + 93.056 + 120.394 = $240.3 Mil.
Interest Expense was -26.6 + -25.451 + -25.463 + -26.701 = $-104.2 Mil.
Revenue was 245.078 + 248.097 + 253.242 + 249.507 = $995.9 Mil.
Market Cap (Today) was $7,753.4 Mil.
Total Liabilities was $3,763.7 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(441.654 - 405.312)/12397.392
=0.0029

X2=Retained Earnings/Total Assets
=-651.692/12397.392
=-0.0526

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(240.277 - -104.215)/12397.392
=0.0278

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=7753.417/3763.686
=2.0601

X5=Revenue/Total Assets
=995.924/12397.392
=0.0803

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Rexford Industrial Realty has a Altman Z-Score of 1.34 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.34 mean?
Rexford Industrial Realty (REXR) has a Altman Z-Score of 1.34 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rexford Industrial Realty and its competitors. This is 42% below median its historical median of 2.31. Over the past decade, Rexford Industrial Realty's Altman Z-Score has ranged from 1.28 to 4.70. According to the industry distribution chart, Rexford Industrial Realty ranks #293 out of 739 companies in the REITs industry, placing it in the top 39.6%.
Is Rexford Industrial Realty's Altman Z-Score too high?
Rexford Industrial Realty's current Altman Z-Score of 1.34 is 42% below median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 4.70. The REITs industry median Altman Z-Score is 1.09. Rexford Industrial Realty's value of 1.34 is 22.9% above this industry median. Based on the distribution chart, Rexford Industrial Realty ranks #293 out of 739 companies in the REITs industry, which is above the industry midpoint. Overall, Rexford Industrial Realty has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rexford Industrial Realty's Altman Z-Score compare to FR and STAG?
According to the REITs industry distribution chart, Rexford Industrial Realty ranks #293 out of 739 companies for Altman Z-Score. This puts Rexford Industrial Realty in the upper half of its industry. The industry median Altman Z-Score is 1.09. Rexford Industrial Realty's value of 1.34 is 22.9% above this benchmark. Historically, Rexford Industrial Realty's own Altman Z-Score has ranged from 1.28 to 4.70 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.09, Rexford Industrial Realty 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 Altman Z-Score for a REITs company?
The median Altman Z-Score among REITs companies is 1.09, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rexford Industrial Realty's current Altman Z-Score of 1.34 is 22.9% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rexford Industrial Realty and its competitors. For the REITs industry, the median Altman Z-Score is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rexford Industrial Realty's current Altman Z-Score is 1.34, which is 42% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rexford Industrial Realty stock overvalued right now?
Based on GuruFocus' analysis, Rexford Industrial Realty (REXR) is currently considered Modestly Undervalued. The stock's GF Value™ is $43.00, compared to a current price of $34.35 — trading 20.1% below its estimated fair value. The current Altman Z-Score is 1.34, which is 42% below median its 10-year median of 2.31 and 22.9% above the REITs industry median of 1.09. Rexford Industrial Realty's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Rexford Industrial Realty (REXR), the current Altman Z-Score is 1.34 as of Jun. 28, 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 Rexford Industrial Realty (REXR) Overvalued in 2026?

Based on GuruFocus' analysis, Rexford Industrial Realty stock appears to be undervalued. The current stock price of $34.35 is trading 20.1% below its estimated GF Value™ of $43.00. GuruFocus considers Rexford Industrial Realty to be Modestly Undervalued.

Key valuation signals for REXR:

  • Altman Z-Score: 1.34 (42% below median its 10-year median of 2.31)
  • GF Value™: $43.00 vs. price of $34.35 (20.1% below fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 22.9% above the REITs median (#293 of 739)

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


Rexford Industrial Realty Business Description

Industry Real EstateREITs
Address 11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025
Rexford Industrial Realty Inc is a real estate investment trust focused on owning, operating and acquiring industrial properties in Southern California infill markets. Its goal is to generate attractive risk-adjusted returns for the stockholders by providing superior access to industrial property investments and mortgage debt investments secured by industrial property in high-barrier Southern California infill markets. The company generates revenue from rental income derived from properties in its portfolio.
91GF Score

Get the complete analysis for REXR

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

$34.35
Price
$43.00
GF Value