Industrial Logistics Properties Trust (ILPT) - Net Assets
Based on the latest financial reports, Industrial Logistics Properties Trust (ILPT) has net assets worth $900.70 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.19 Billion) and total liabilities ($4.29 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Industrial Logistics Properties Trust to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $900.70 Million |
| % of Total Assets | 17.35% |
| Annual Growth Rate | -3.85% |
| 5-Year Change | -13.23% |
| 10-Year Change | -31.41% |
| Growth Volatility | 33.74 |
Industrial Logistics Properties Trust - Net Assets Trend (2015–2025)
This chart illustrates how Industrial Logistics Properties Trust's net assets have evolved over time, based on quarterly financial data. Also explore ILPT total assets for the complete picture of this company's asset base.
Annual Net Assets for Industrial Logistics Properties Trust (2015–2025)
The table below shows the annual net assets of Industrial Logistics Properties Trust from 2015 to 2025. For live valuation and market cap data, see Industrial Logistics Properties Trust stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $900.70 Million | -10.76% |
| 2024-12-31 | $1.01 Billion | -13.12% |
| 2023-12-31 | $1.16 Billion | -12.70% |
| 2022-12-31 | $1.33 Billion | +28.20% |
| 2021-12-31 | $1.04 Billion | +3.47% |
| 2020-12-31 | $1.00 Billion | +0.75% |
| 2019-12-31 | $995.69 Million | -3.17% |
| 2018-12-31 | $1.03 Billion | +82.90% |
| 2017-12-31 | $562.21 Million | -57.19% |
| 2016-12-31 | $1.31 Billion | -1.57% |
| 2015-12-31 | $1.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Industrial Logistics Properties Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 52911900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $667.00K | 0.14% |
| Other Components | $1.02 Billion | 207.91% |
| Total Equity | $489.70 Million | 100.00% |
Industrial Logistics Properties Trust Competitors by Market Cap
The table below lists competitors of Industrial Logistics Properties Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RBB Bancorp
NASDAQ:RBB
|
$375.43 Million |
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
$375.52 Million |
|
Asia Aviation Public Company Limited
F:55AA
|
$375.58 Million |
|
TAIDOC TECHNOLOGY CORP
TW:4736
|
$375.60 Million |
|
Delta Plus Group SA
PA:ALDLT
|
$375.25 Million |
|
Linhai Co Ltd
SHG:600099
|
$375.15 Million |
|
Zhubo Design
SHE:300564
|
$375.09 Million |
|
medmix AG
SW:MEDX
|
$375.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Industrial Logistics Properties Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 562,019,000 to 489,697,000, a change of -72,322,000 (-12.9%).
- Net loss of 66,187,000 reduced equity.
- Dividend payments of 7,973,000 reduced retained earnings.
- Share repurchases of 451,000 reduced equity.
- Other comprehensive income increased equity by 1,065,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-66.19 Million | -13.52% |
| Dividends Paid | $7.97 Million | -1.63% |
| Share Repurchases | $451.00K | -0.09% |
| Other Comprehensive Income | $1.06 Million | +0.22% |
| Other Changes | $1.22 Million | +0.25% |
| Total Change | $- | -12.87% |
Book Value vs Market Value Analysis
This analysis compares Industrial Logistics Properties Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.38x to 1.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $20.53 | $7.70 | x |
| 2016-12-31 | $20.20 | $7.70 | x |
| 2017-12-31 | $8.65 | $7.70 | x |
| 2018-12-31 | $16.03 | $7.70 | x |
| 2019-12-31 | $15.31 | $7.70 | x |
| 2020-12-31 | $15.41 | $7.70 | x |
| 2021-12-31 | $15.92 | $7.70 | x |
| 2022-12-31 | $12.12 | $7.70 | x |
| 2023-12-31 | $10.24 | $7.70 | x |
| 2024-12-31 | $8.55 | $7.70 | x |
| 2025-12-31 | $7.42 | $7.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Industrial Logistics Properties Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.75%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 10.60x
- Recent ROE (-13.52%) is below the historical average (-1.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.37% | 48.44% | 0.10x | 1.08x | $-61.78 Million |
| 2016 | 6.62% | 56.68% | 0.11x | 1.08x | $-44.42 Million |
| 2017 | 14.25% | 51.18% | 0.11x | 2.51x | $23.88 Million |
| 2018 | 7.23% | 45.77% | 0.11x | 1.49x | $-28.44 Million |
| 2019 | 5.27% | 22.90% | 0.09x | 2.47x | $-47.07 Million |
| 2020 | 8.18% | 32.24% | 0.13x | 1.91x | $-18.25 Million |
| 2021 | 11.53% | 54.43% | 0.12x | 1.84x | $15.88 Million |
| 2022 | -28.67% | -58.41% | 0.07x | 7.18x | $-305.80 Million |
| 2023 | -16.12% | -24.69% | 0.08x | 8.30x | $-174.98 Million |
| 2024 | -17.02% | -21.63% | 0.08x | 9.62x | $-151.87 Million |
| 2025 | -13.52% | -14.75% | 0.09x | 10.60x | $-115.16 Million |
Industry Comparison
This section compares Industrial Logistics Properties Trust's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $1,511,704,979
- Average return on equity (ROE) among peers: 2.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Industrial Logistics Properties Trust (ILPT) | $900.70 Million | 5.37% | 4.76x | $375.26 Million |
| Americold Realty Trust (COLD) | $185.87 Million | -0.33% | 11.88x | $3.44 Billion |
| CubeSmart (CUBE) | $1.04 Billion | 0.18% | 1.07x | $9.12 Billion |
| EastGroup Properties Inc (EGP) | $358.24 Million | 6.59% | 0.96x | $10.01 Billion |
| Extra Space Storage Inc (EXR) | $2.94 Billion | 16.41% | 2.20x | $29.99 Billion |
| First Industrial Realty Trust Inc (FR) | $1.07 Billion | -0.69% | 1.49x | $7.81 Billion |
| Innovative Industrial Properties Inc (IIPR) | $1.96 Billion | 7.87% | 0.23x | $1.43 Billion |
| Lineage, Inc. Common Stock (LINE) | $4.54 Billion | -9.94% | 2.61x | $8.46 Billion |
| LXP Industrial Trust (LXP) | $1.51 Billion | 6.17% | 1.50x | $2.82 Billion |
| Modiv Inc (MDV) | $194.81K | -4.76% | 0.03x | $152.69 Million |
About Industrial Logistics Properties Trust
Industrial Logistics Properties Trust is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties. As of December 31, 2025, ILPT's portfolio consisted of 409 properties containing approximately 59.6 million rentable square feet located in 39 states. Approximately 76% of ILPT's annualized rental revenues as of December 31, 2025, are derived from… Read more