Innovative Industrial Properties, Inc. (IIPR) vs Industrial Logistics Properties Trust (ILPT)
Innovative Industrial Properties, Inc. and Industrial Logistics Properties Trust are both Reit Industrial companies. Innovative Industrial Properties, Inc. is the larger, with a market value of $1.5B against $501.9M — 3.0× the size. Industrial Logistics Properties Trust has negative trailing earnings, so its P/E is not meaningful; Innovative Industrial Properties, Inc. trades at 12.4×. Industrial Logistics Properties Trust grew revenue faster over the last twelve months: 2.69% against −8.42%. Innovative Industrial Properties, Inc. has the higher net margin (49.2% vs −10.4%) and the higher return on invested capital (3.76% vs 1.85%). Both pay a dividend; Innovative Industrial Properties, Inc. yields more (7.89% vs 1.00%). Across the 22 metrics below, Innovative Industrial Properties, Inc. leads on 18 and Industrial Logistics Properties Trust on 4.
Valuation
Profitability
| Metric | IIPR | ILPT | Reit Industrial median |
|---|---|---|---|
| Gross margin | 88.35% | 85.77% | 73.76% |
| Operating margin | 51.44% | 31.52% | 39.85% |
| Net margin | 49.24% | (10.37%) | 28.04% |
| Free cash flow margin | 91.84% | 12.77% | 13.63% |
| Return on equity | 7.28% | (5.28%) | 6.83% |
| Return on assets | 5.31% | (0.91%) | 3.45% |
| Return on invested capital | 3.76% | 1.85% | 2.92% |
Growth
Health
Dividend
Size
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