← Industrial Logistics Properties Trust
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues: | ||||||||||||
| Cost Of Revenue | $17.2m | $17.9m | $19.3m | $30.4m | $35.2m | $30.1m |
$50.6m
+68.00%
|
$60.1m
+18.63%
|
$62.6m
+4.18%
|
$61.7m
-1.41%
|
$64.8m
+5.04%
|
|
| Reconciled Cost Of Revenue | — | — | — | — | — | — | $56.8m |
$63.6m
+11.94%
|
$67.3m
+5.83%
|
$67.6m
+0.41%
|
$64.8m
-4.12%
|
|
| Gross Profit | — | — | — | — | — | — | $337.5m |
$377.3m
+11.78%
|
$379.8m
+0.66%
|
$387.2m
+1.95%
|
$390.6m
+0.89%
|
|
| Net Interest Income | — | — | — | — | — | — | ($277.4m) |
($280.6m)
-1.17%
|
($281.1m)
-0.17%
|
($257.8m)
+8.28%
|
($242.5m)
+5.95%
|
|
| General and administrative | $9.2m | $16.8m | $11.3m | $17.2m | $19.6m | $16.7m | $32.9m | $31.2m | $30.5m | $37.0m | $40.5m | |
| Amortization of Intangible Assets | — | $8.4m | $8.6m | $21.5m | $24.6m | $16.7m | $48.6m | $49.9m | $40.7m | $31.7m | — | |
| Operating Lease, Lease Income | $132.5m | $134.8m | $139.3m | $229.2m | $254.6m | $219.9m | $388.2m | $437.3m | $442.3m | $448.8m | — | |
| Restructuring And Mergern Acquisition | $35k | $1.0m | $0 | $0 | $200k | $1.1m | $586k | $287k | $0 | $0 | $0 | |
| Operating expenses: | ||||||||||||
| Other operating expenses | $10.6m | $10.9m | $13.0m | $17.6m | $20.7m | $18.7m | $30.9m | $38.2m | $38.5m | $37.1m | — | |
| EBIT | ($13.8m) | $138.0m | $150.2m | $142.1m | $145.5m | |||||||
| Interest Income | — | — | — | — | $113k | $0 | $2.7m | $7.9m | $11.4m | $6.7m | $7.1m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | ($277.4m) | ($280.6m) | ($281.1m) | ($257.8m) | ($242.5m) | |
| (Loss) gain on sale of real estate | — | — | $0 | $0 | $24.0m | $12.1m | ($10k) | $1.7m | $0 | ($1.4m) | — | |
| Unrealized gain (loss) on derivatives | — | — | — | — | $0 | $0 | $30.2m | ($18.0m) | ($13.9m) | $360k | — | |
| Other comprehensive gain (loss) attributable to common shareholders | — | — | — | — | $0 | $0 | $21.9m | ($11.7m) | ($11.2m) | $229k | — | |
| Gain On Sale Of Security | — | — | — | — | — | $12.1m | ($5.8m) | $1.7m | — | ($1.4m) | ($1.4m) | |
| Income (Loss) from Equity Method Investments | — | $0 | $0 | $666k | $529k | $40.9m | $7.1m | $902k | $5.3m | $20.0m | — | |
| Interest and other income | — | — | — | — | $113k | $0 | $2.7m | $7.9m | $11.4m | $6.7m | — | |
| Interest Expense (non-operating) | — | $2.4m | $16.1m | $50.8m | $51.6m | $35.6m | $280.1m | $288.5m | $292.5m | $264.6m | $249.6m | |
| Other Income Expense | — | — | — | — | — | $10.9m | ($129.3m) | $908k | $0 | ($12.5m) | ($11.3m) | |
| Loss before income taxes and equity in earnings of unconsolidated joint venture | — | $80.1m | $74.4m | $52.0m | $81.0m | $79.0m | ($293.9m) | ($150.5m) | ($142.3m) | ($122.4m) | — | |
| Pre-Tax Income | — | $80.1m | $74.4m | $52.0m | $81.0m | $79.0m | ($293.9m) | ($150.5m) | ($142.3m) | ($122.4m) | ($104.2m) | |
| Real Estate Tax Expense | $17.2m | $17.9m | $19.3m | $30.4m | $35.2m | $30.1m | $50.6m | $60.1m | $62.6m | $61.7m | — | |
| Income tax expense | ($44k) | ($44k) | ($32k) | ($171k) | ($277k) | ($273k) | ($45k) | ($104k) | ($162k) | ($104k) | $219k | |
| Net loss | — | — | — | — | $81.2m | $119.7m | ($286.8m) | ($149.7m) | ($137.2m) | ($102.6m) | — | |
| Net Income From Continuing And Discontinued Operation | $86.9m | $80.1m | $74.4m | $52.5m | $82.1m | $119.7m | ($226.7m) | ($108.0m) | ($95.7m) | ($66.2m) | ($47.2m) | |
| Net Income Continuous Operations | — | — | — | — | $81.2m | $119.7m | ($286.8m) | ($149.7m) | ($137.2m) | ($102.6m) | ($82.0m) | |
| Net loss attributable to common shareholders | $86.9m | $80.1m | $74.4m | $52.5m | $82.1m | $119.7m | ($226.7m) | ($108.0m) | ($95.7m) | ($66.2m) | — | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | $119.4m |
($226.9m)
-290.03%
|
($108.0m)
+52.39%
|
($95.7m)
+11.41%
|
($66.2m)
+30.78%
|
($47.2m)
+28.68%
|
|
| Net loss attributable to noncontrolling interests | — | — | $0 | $0 | $866k | $0 | $60.1m | $41.7m | $41.5m | $36.4m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | ($866k) | $0 | ($60.1m) | ($41.7m) | ($41.5m) | ($36.4m) | ($47.2m) | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | $307k | $131k | $10k | $11k | $44k | — | |
| Otherunder Preferred Stock Dividend | — | — | — | — | — | $307k | $131k | $10k | $11k | $44k | — | |
| Earnings Per Share, Basic | $1.93 | $1.78 | $1.16 | $0.81 | $1.26 | $1.83 | ($3.47) | ($1.65) | ($1.46) | ($1.00) | ($0.71) | |
| Earnings Per Share, Diluted | $1.93 | $1.78 | $1.16 | $0.81 | $1.26 | $1.83 | ($3.47) | ($1.65) | ($1.46) | ($1.00) | ($0.71) | |
| Common Stock, Dividends, Per Share, Declared | — | — | $0.93 | — | $1.32 | $1.32 | $0.68 | $0.04 | $0.04 | $0.12 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 45.0m | 45.0m | 64.1m | 65.0m | 65.1m | 65.2m | 65.2m | 65.4m | 65.7m | 66.0m | 66.2m | |
| Weighted average common shares outstanding (basic) (in shares) | 45.0m | 45.0m | 64.1m | 65.0m | 65.1m | 65.2m | 65.2m | 65.4m | 65.7m | 66.0m | — | |
| Weighted average common shares outstanding - diluted (in shares) | 45.0m | 45.0m | 64.1m | 65.1m | 65.1m | 65.2m | 65.2m | 65.4m | 65.7m | 66.0m | — | |
| Basic Average Shares | 45.0m | 45.0m | 64.1m | 65.0m | 65.1m | 65.2m | $65.2m | $65.4m | $65.7m | $66.0m | $66.2m | |
| Diluted Average Shares | 45.0m | 45.0m | 64.1m | 65.0m | 65.1m | 65.2m | $65.2m | $65.4m | $65.7m | $66.0m | $66.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 45.0m | 45.0m | 64.1m | 65.1m | 65.1m | 65.2m | 65.2m | 65.4m | 65.7m | 66.0m | 66.2m | |
| Additional Financial Items | ||||||||||||
| Rental income | $132.5m | $134.8m | $139.3m | $229.2m | $254.6m | $219.9m | $388.2m | $437.3m | $442.3m | $448.8m | — | |
| Real estate taxes | $17.2m | $17.9m | $19.3m | $30.4m | $35.2m | $30.1m | $50.6m | $60.1m | $62.6m | $61.7m | — | |
| Depreciation and amortization | $27.1m | $27.3m | $28.6m | $61.9m | $70.5m | $50.6m | $161.0m | $178.7m | $172.0m | $165.2m | $163.8m | |
| Loss on impairment of real estate | — | — | — | — | $0 | $0 | $100.7m | $156k | $0 | $6.1m | — | |
| Loss on extinguishment of debt | — | — | $0 | $0 | $120k | $0 | ($22.2m) | ($359k) | $0 | ($5.1m) | — | |
| Equity in earnings of unconsolidated joint venture | — | $0 | $0 | $666k | $529k | $40.9m | $7.1m | $902k | $5.3m | $20.0m | — | |
| Less: unrealized (gain) loss on derivatives attributable to noncontrolling interests | — | — | — | — | $0 | $0 | ($8.3m) | $6.3m | $2.7m | ($131k) | — | |
| Comprehensive loss attributable to common shareholders | — | — | — | — | $82.1m | $119.7m | ($204.8m) | ($119.7m) | ($106.9m) | ($66.0m) | — | |
| Depreciation Amortization Depletion Income Statement | $27.1m | $27.3m | $28.6m | $61.9m | $70.5m | $50.6m | $161.0m | $178.7m | $172.0m | $165.2m | $163.8m | |
| Diluted EPS | $1.93 | $1.78 | $1.16 | $0.81 | $1.26 | $1.83 | ($3.47) | ($1.65) | ($1.46) | ($1.00) | ($0.71) | |
| Diluted NI Availto Com Stockholders | $86.9m | $80.1m | $74.4m | $52.5m | $82.1m | $119.7m | ($226.9m) | ($108.0m) | ($95.7m) | ($66.2m) | ($47.2m) | |
| Earnings From Equity Interest Net Of Tax | — | $0 | $0 | $666k | $529k | $40.9m | $7.1m | $902k | $5.3m | $20.0m | $22.5m | |
| Impairment Of Capital Assets | — | — | — | — | $0 | $0 | $100.7m | $156k | $0 | $6.1m | $6.1m | |
| Minority Interests | — | — | $0 | $0 | $866k | $0 | $60.1m | $41.7m | $41.5m | $36.4m | $34.7m | |
| Normalized EBITDA | — | — | — | — | — | — | $276.5m | $315.8m | $322.2m | $319.9m | $309.3m | |
| Normalized Income | — | — | — | — | — | — | ($124.6m) | ($108.7m) | ($95.7m) | ($56.3m) | ($40.5m) | |
| Other Gand A | $9.2m | $16.8m | $11.3m | $17.2m | $19.6m | $16.7m | $32.9m | $31.2m | $30.5m | $37.0m | — | |
| Other Special Charges | — | — | — | — | — | — | $22.2m | $359k | — | $5.1m | — | |
| Reconciled Depreciation | — | — | — | — | — | — | $154.8m | $175.2m | $167.3m | $159.3m | $163.8m | |
| Selling General And Administration | $9.2m | $16.8m | $11.3m | $17.2m | $19.6m | $16.7m | $32.9m | $31.2m | $30.5m | $37.0m | — | |
| Special Income Charges | — | — | — | — | — | — | ($123.5m) | ($802k) | $0 | ($11.2m) | ($9.9m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($27.2m) | $191k | $0 | ($2.6m) | ($4.5m) | |
| Tax Provision | — | — | — | — | — | — | $45k | $104k | $162k | $104k | $219k | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Business Combination, Acquisition Related Costs | $35k | $1.0m | $0 | $0 | $200k | $1.1m | $586k | $287k | $0 | $0 | — | |
| Other Cost and Expense, Operating | $10.6m | $10.9m | $13.0m | $17.6m | $20.7m | $18.7m | $30.9m | $38.2m | $38.5m | $37.1m | — | |
| Acquisition and other transaction related costs | $35k | $1.0m | $0 | $0 | $200k | $1.1m | $586k | $287k | $0 | $0 | — | |
| Operating Expense | — | — | — | — | — | — | $224.7m | $248.1m | $241.0m | $239.2m | $241.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $81.2m | $119.7m | ($286.8m) | ($149.7m) | ($137.2m) | ($102.6m) | — | |
| Total Unusual Items | — | — | — | — | — | $10.9m | ($129.3m) | $908k | $0 | ($12.5m) | ($11.3m) | |
| Total expenses | $64.1m | $73.9m | $72.2m | $127.1m | $146.2m | $117.3m | $376.7m | $308.6m | $303.6m | $307.0m | $305.8m |