Innovative Industrial Properties Inc (IIPR) — Free Cash Flow Generation Index

Latest as of September 2025: 1.00x

Innovative Industrial Properties Inc (IIPR) has a Free Cash Flow Generation Index of 1.00x as of September 2025. Free cash flow of $45.59 Million represents 1% of operating cash flow ($45.59 Million). Read Innovative Industrial Properties Inc total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$45.59 Million
USD

Operating Cash Flow

$45.59 Million
USD

Capital Expenditures

$28.83 Million
USD

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

Historical FCF Generation Index trend for Innovative Industrial Properties Inc across 10 annual periods. Explore reinvestment intensity of Innovative Industrial Properties Inc to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Innovative Industrial Properties Inc (2015–2024)

Year-by-year Free Cash Flow Generation Index for Innovative Industrial Properties Inc. For the full company profile including market capitalisation, see market cap of Innovative Industrial Properties Inc.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 1.00x $258.45 Million $258.45 Million $81.75 Million ▲ +142.3%
2023 0.41x $105.45 Million $255.54 Million $150.09 Million ▼ -58.7%
2022 1.00x $234.13 Million $234.13 Million $523.97 Million ▲ +0.0%
2021 1.00x $188.75 Million $188.75 Million $662.13 Million ▲ +126.4%
2020 -3.78x $-419.01 Million $110.81 Million $529.83 Million ▲ +43.2%
2019 -6.65x $-298.98 Million $44.93 Million $343.92 Million ▼ -1482.1%
2018 -0.42x $-6.60 Million $15.69 Million $22.29 Million ▼ -135.4%
2017 -0.18x $-896.00K $5.01 Million $5.91 Million ▲ +98.9%
2016 -16.74x $-28.34 Million $1.69 Million $30.03 Million ▼ -651.2%
2015 3.04x $8.81 Million $2.90 Million $5.91 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).