Innovative Industrial Properties Inc (IIPR) — Cash Flow Quality Index

Latest as of September 2025: 1.56x

Innovative Industrial Properties Inc (IIPR) has a Cash Flow Quality Index of 1.56x as of September 2025. Operating cash flow of $45.59 Million exceeds net income of $29.30 Million, indicating high earnings quality where cash backs reported profits. Explore IIPR long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.56x
Operating CF / Net Income

Operating Cash Flow

$45.59 Million
USD

Net Income

$29.30 Million
USD

Data as of

Sep 2025
Most recent filing

Innovative Industrial Properties Inc Cash Flow Quality Index (2015–2024)

Historical Cash Flow Quality Index for Innovative Industrial Properties Inc across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Innovative Industrial Properties Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Innovative Industrial Properties Inc (2015–2024)

Year-by-year earnings quality comparison for Innovative Industrial Properties Inc. For live market cap and the full company financial profile, see how much is Innovative Industrial Properties Inc worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.60x $258.45 Million $161.66 Million ▲ +2.7%
2023 1.56x $255.54 Million $164.11 Million ▲ +2.7%
2022 1.52x $234.13 Million $154.39 Million ▼ -8.4%
2021 1.66x $188.75 Million $113.99 Million ▼ -1.8%
2020 1.69x $110.81 Million $65.73 Million ▼ -11.9%
2019 1.91x $44.93 Million $23.48 Million ▼ -14.8%
2018 2.25x $15.69 Million $6.99 Million ▲ +286.0%
2015 0.58x $2.90 Million $4.99 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.