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 cash flow metrics to assess how effectively this company generates cash.

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 cash flow reinvestment rate of Innovative Industrial Properties Inc to assess the company's total reinvestment commitment from operating cash flow.

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 Innovative Industrial Properties Inc market cap and net 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.