Innovative Industrial Properties, Inc. (IIPR) vs Rexford Industrial Realty, Inc. (REXR)
- Innovative Industrial Properties, Inc. IIPR 54.35 −1.72%
- Rexford Industrial Realty, Inc. REXR 38.04 −0.29%
Innovative Industrial Properties, Inc. and Rexford Industrial Realty, Inc. are both Reit Industrial companies. Rexford Industrial Realty, Inc. is the larger, with a market value of $8.1B against $1.5B — 5.3× the size. Rexford Industrial Realty, Inc. has negative trailing earnings, so its P/E is not meaningful; Innovative Industrial Properties, Inc. trades at 11.8×. Rexford Industrial Realty, Inc. grew revenue faster over the last twelve months: −2.02% against −4.40%. Innovative Industrial Properties, Inc. has the higher net margin (49.2% vs −48.4%) and the higher return on invested capital (3.55% vs 2.47%). Both pay a dividend; Innovative Industrial Properties, Inc. yields more (13.8% vs 4.56%). Across the 22 metrics below, Innovative Industrial Properties, Inc. leads on 17 and Rexford Industrial Realty, Inc. on 5.
Valuation
Profitability
| Metric | IIPR | REXR | Reit Industrial median |
|---|---|---|---|
| Gross margin | 88.75% | 76.55% | 73.76% |
| Operating margin | 51.38% | 39.85% | 40.64% |
| Net margin | 49.20% | (48.38%) | 30.03% |
| Free cash flow margin | 93.22% | 26.84% | 18.60% |
| Return on equity | 7.37% | (5.82%) | 7.37% |
| Return on assets | 5.20% | (4.00%) | 3.98% |
| Return on invested capital | 3.55% | 2.47% | 3.18% |
Growth
Health
Dividend
Size
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