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). See how liquid is Innovative Industrial Properties Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

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 IIPR operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

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 Innovative Industrial Properties Inc market capitalisation.

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).