Innovative Industrial Properties Inc (IIPR) — Cash Flow Reinvestment Rate

Latest as of September 2025: 3.04x

Innovative Industrial Properties Inc (IIPR) has a Cash Flow Reinvestment Rate of 3.04x as of September 2025, reinvesting $138.50 Million (capex $28.83 Million plus investments $-109.66 Million) from operating cash flow of $45.59 Million. Explore Innovative Industrial Properties Inc (IIPR) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

3.04x
(Capex + Investments) / Operating CF

Total Reinvested

$138.50 Million
Capex + Investments

Operating Cash Flow

$45.59 Million
USD

Capital Expenditures

$28.83 Million
USD

Innovative Industrial Properties Inc Cash Flow Reinvestment Rate (2015–2024)

Historical reinvestment intensity for Innovative Industrial Properties Inc across 10 annual periods. Also explore Innovative Industrial Properties Inc total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Innovative Industrial Properties Inc (2015–2024)

Year-by-year capital reinvestment analysis for Innovative Industrial Properties Inc. For live market cap and broader valuation context, see market value of Innovative Industrial Properties Inc.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 0.53x $137.75 Million $258.45 Million $81.75 Million ▼ -9.5%
2023 0.59x $150.55 Million $255.54 Million $150.09 Million ▼ -85.0%
2022 3.93x $920.17 Million $234.13 Million $523.97 Million ▼ -27.9%
2021 5.45x $1.03 Billion $188.75 Million $662.13 Million ▼ -61.2%
2020 14.05x $1.56 Billion $110.81 Million $529.83 Million ▼ -7.7%
2019 15.22x $683.90 Million $44.93 Million $343.92 Million ▲ +7.8%
2018 14.12x $221.55 Million $15.69 Million $22.29 Million ▲ +83.2%
2017 7.71x $38.65 Million $5.01 Million $5.91 Million ▼ -78.3%
2016 35.48x $60.06 Million $1.69 Million $30.03 Million ▼ -17.9%
2015 43.21x $125.40 Million $2.90 Million $5.91 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow