Innovative Industrial Properties Inc

NYSE:IIPR USA REIT - Industrial
Market Cap
$1.45 Billion
Market Cap Rank
#5990 Global
#3442 in USA
Share Price
$51.88
Change (1 day)
-1.48%
52-Week Range
$44.58 - $66.29
All Time High
$233.01
About

Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate.

Market Cap & Net Worth: Innovative Industrial Properties Inc (IIPR)

Innovative Industrial Properties Inc (NYSE:IIPR) has a market capitalization of $1.45 Billion ($1.45 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #5990 globally and #3442 in its home market, demonstrating a -4.58% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Innovative Industrial Properties Inc's stock price $51.88 by its total outstanding shares 28022975 (28.02 Million).

Innovative Industrial Properties Inc Market Cap History: 2016 to 2026

Innovative Industrial Properties Inc's market capitalization history from 2016 to 2026. Data shows growth from $356.82 Million to $1.45 Billion (15.68% CAGR).

Index Memberships

Innovative Industrial Properties Inc is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P Small-Cap 600 Index
SML
$1.35 Trillion 0.12% #353 of 602

Weight: Innovative Industrial Properties Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Innovative Industrial Properties Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Innovative Industrial Properties Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

6.05x

Innovative Industrial Properties Inc's market cap is 6.05 times its annual revenue

Industry average:
4.16x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

11.55x

Innovative Industrial Properties Inc's market cap is 11.55 times its annual earnings

Industry average:
10.37x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $356.82 Million $321.00K -$4.39 Million 1111.58x N/A
2017 $650.49 Million $6.42 Million -$72.00K 101.32x N/A
2018 $943.33 Million $14.79 Million $6.99 Million 63.79x 135.05x
2019 $1.63 Billion $44.67 Million $23.48 Million 36.43x 69.32x
2020 $4.09 Billion $116.90 Million $65.73 Million 34.99x 62.23x
2021 $6.03 Billion $204.55 Million $113.99 Million 29.49x 52.92x
2022 $2.47 Billion $276.36 Million $154.39 Million 8.95x 16.01x
2023 $2.69 Billion $309.51 Million $165.59 Million 8.69x 16.24x
2024 $1.87 Billion $308.52 Million $161.66 Million 6.05x 11.55x

Competitor Companies of IIPR by Market Capitalization

Companies near Innovative Industrial Properties Inc in the global market cap rankings as of March 18, 2026.

Key companies related to Innovative Industrial Properties Inc by market ranking:

  • Prologis Inc (NYSE:PLD): Ranked #145 globally with a market cap of $126.68 Billion USD.
  • Public Storage (NYSE:PSA): Ranked #471 globally with a market cap of $45.61 Billion USD.
  • Extra Space Storage Inc (NYSE:EXR): Ranked #700 globally with a market cap of $29.12 Billion USD.
  • Segro Plc (PINK:SEGXF): Ranked #1562 globally with a market cap of $11.01 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#145 Prologis Inc NYSE:PLD $126.68 Billion $134.07
#471 Public Storage NYSE:PSA $45.61 Billion $289.80
#700 Extra Space Storage Inc NYSE:EXR $29.12 Billion $139.50
#1562 Segro Plc PINK:SEGXF $11.01 Billion $8.93

Innovative Industrial Properties Inc Historical Marketcap From 2016 to 2026

Between 2016 and today, Innovative Industrial Properties Inc's market cap moved from $356.82 Million to $ 1.45 Billion, with a yearly change of 15.68%.

Year Market Cap Change (%)
2026 $1.45 Billion +9.54%
2025 $1.33 Billion -28.93%
2024 $1.87 Billion -30.57%
2023 $2.69 Billion +8.78%
2022 $2.47 Billion -59.02%
2021 $6.03 Billion +47.49%
2020 $4.09 Billion +151.33%
2019 $1.63 Billion +72.52%
2018 $943.33 Million +45.02%
2017 $650.49 Million +82.30%
2016 $356.82 Million --

End of Day Market Cap According to Different Sources

On Mar 17th, 2026 the market cap of Innovative Industrial Properties Inc was reported to be:

Source Market Cap
Yahoo Finance $1.45 Billion USD
MoneyControl $1.45 Billion USD
MarketWatch $1.45 Billion USD
marketcap.company $1.45 Billion USD
Reuters $1.45 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.