← Rexford Industrial Realty, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $25.1m |
$40.7m
+62.03%
|
$46.2m
+13.50%
|
$62.0m
+34.12%
|
$76.4m
+23.27%
|
$128.2m
+67.85%
|
$167.6m
+30.68%
|
$238.0m
+42.03%
|
$273.8m
+15.04%
|
$212.0m
-22.56%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $22.8m |
$34.4m
+50.72%
|
$36.1m
+4.97%
|
$50.5m
+39.68%
|
$61.3m
+21.54%
|
$111.8m
+82.17%
|
$157.5m
+40.91%
|
$227.4m
+44.43%
|
$262.9m
+15.57%
|
$200.2m
-23.85%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $25.9m | $41.7m | $47.1m | $64.0m | $80.9m | $136.2m | $177.2m | $249.6m | $285.9m | $219.8m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $750k | $988k | $865k | $2.0m | $4.5m | $8.0m | $9.6m | $11.6m | $12.1m | $7.7m | — | |
| Depreciation and amortization | $51.4m | $64.9m | $80.0m | $98.9m | $115.3m | $151.3m | $196.8m | $244.5m | $275.2m | $315.9m | $286.6m | |
| Amortization of Debt Issuance Costs | $1.0m | $1.1m | $1.3m | $1.4m | $1.5m | $1.9m | $2.7m | $3.9m | $4.8m | $5.1m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | ($31.2m) | ($29.9m) | ($27.7m) | ($24.4m) | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | ($31.2m) | ($29.9m) | ($27.7m) | ($24.4m) | ($17.8m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $165.6m | $214.6m | $247.6m | $291.6m | $286.6m | |
| Share-based Payment Arrangement, Noncash Expense | $3.8m | $5.4m | $10.1m | $10.8m | $12.9m | $19.5m | $28.4m | $33.6m | $41.6m | $100.5m | $85.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $1.6m | $594k | $854k | $1.3m | $1.4m | $2.2m | $1.9m | $2.2m | $1.8m | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $992k | $0 | $188k | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $188k | $0 | $89.1m | $720.7m | |
| Income (Loss) from Equity Method Investments | $1.5m | $11k | $0 | $0 | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | — | ($177.5m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($7.6m) | ($19.7m) | ($49.4m) | ($34.6m) | ($52.2m) | |
| Increase (Decrease) in Accounts Receivable | $988k | $2.0m | $2.3m | $875k | $4.0m | $745k | $2.9m | $2.2m | ($2.3m) | ($1.9m) | $469k | |
| Change In Receivables | — | — | — | — | — | — | ($2.9m) | ($2.2m) | $2.3m | $1.9m | $469k | |
| Changes In Account Receivables | — | — | — | — | — | ($745k) | ($2.9m) | ($2.2m) | — | — | $469k | |
| Increase (Decrease) in Other Operating Assets | ($71k) | $1.5m | $1.3m | ($1.0m) | $2.4m | $6.4m | $594k | $1.1m | ($801k) | ($249k) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($594k) | ($1.1m) | $801k | $249k | ($2.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $56.4m |
$76.7m
+35.83%
|
$102.8m
+34.08%
|
$139.5m
+35.75%
|
$183.0m
+31.17%
|
$231.5m
+26.49%
|
$327.7m
+41.58%
|
$427.5m
+30.47%
|
$478.9m
+12.01%
|
$542.1m
+13.19%
|
$509.3m
-6.04%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($135.1m) | ($266.6m) | ($373.4m) | ($333.4m) | ($282.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($361.2m) | ($606.9m) | ($507.2m) | ($972.7m) | ($987.5m) | ($1.9b) | ($2.4b) | ($1.7b) | ($1.8b) | ($125.1m) | $52.2m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | $25k | $0 | $0 | ($104k) | ($505k) | ($915k) | $0 | $0 | ($200k) | — | |
| Repayments of Long-term Debt | $179.2m | $442.8m | $311.5m | $35.2m | $175.7m | $1.1b | $2.2b | $357.5m | $13.4m | $101.0m | ($372.6m) | |
| Proceeds from Issuance of Long-term Debt | $263.0m | $612.0m | $401.0m | $135.0m | $471.8m | $1.3b | $2.7b | $646.9m | $1.1b | $0 | $279.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $2.7b | $646.9m | $1.1b | $0 | $279.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.7b | $646.9m | $1.1b | $0 | $279.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($2.2b) | ($357.5m) | ($13.4m) | ($101.0m) | ($372.6m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $537.4m | $289.4m | $1.1b | ($101.0m) | ($93.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $537.4m | $289.4m | $1.1b | ($101.0m) | ($93.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.2b) | ($357.5m) | ($13.4m) | ($101.0m) | ($372.6m) | |
| Payments for Repurchase of Common Stock | $747k | — | — | — | — | — | — | — | — | $250.1m | — | |
| Payments of Ordinary Dividends, Common Stock | $32.9m | $40.2m | $53.7m | $75.5m | $99.3m | $129.8m | $201.9m | $290.7m | $354.2m | $397.5m | ($424.9m) | |
| Proceeds from Issuance of Common Stock | $183.4m | $330.9m | $556.5m | $638.9m | $734.1m | $1.6b | $1.8b | $1.3b | $649.5m | $477.6m | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($210.5m) | ($302.2m) | ($368.0m) | ($412.6m) | ($415.3m) | |
| Common Stock Issuance | — | — | — | — | — | — | $1.8b | $1.3b | $649.5m | $477.6m | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($2.2m) | ($1.9m) | ($2.2m) | ($252.0m) | ($571.9m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $1.8b | $1.3b | $649.5m | $477.6m | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $1.8b | $1.3b | $647.4m | $225.6m | ($571.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($2.2m) | ($1.9m) | ($2.3m) | ($252.0m) | ($571.9m) | |
| Dividends Payable | $9.3m | $11.7m | $15.9m | $21.6m | $29.7m | $40.1m | $62.0m | $83.7m | $97.8m | $103.4m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($222.9m) | ($314.7m) | ($379.6m) | ($422.5m) | ($424.9m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($12.4m) | ($12.5m) | ($11.6m) | ($9.9m) | ($9.6m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($7.3m) | ($3.0m) | ($4.6m) | ($9.4m) | ($9.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $315.1m |
$521.6m
+65.53%
|
$578.2m
+10.85%
|
$731.5m
+26.52%
|
$903.2m
+23.47%
|
$1.5b
+71.37%
|
$2.1b
+36.60%
|
$1.2b
-41.09%
|
$1.4b
+10.76%
|
($307.2m)
-122.27%
|
($1.1b)
-254.97%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $44.0m | $36.8m | $33.4m | $56.0m | $561.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $6.9m | $180.6m | $78.9m | $177.5m | $44.0m | $36.8m | $33.4m | $56.0m | $165.8m | $32.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $1.9m | $2.3m | $1.7m | $143k | $6.1m | $4.6m | $7.3m | $3.0m | $4.6m | $9.4m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $13.9m | $18.4m | $23.8m | $23.5m | $27.9m | $33.0m | $44.8m | $54.6m | $74.2m | $95.1m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Real Estate, Discontinued Operations | $0 | — | — | — | — | — | — | — | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | $17.4m | $29.6m | $17.2m | $16.3m | $13.6m | $33.9m | $8.5m | $19.0m | $18.0m | $106.0m | — | |
| General and Administrative Expense | $17.4m | $21.6m | $25.2m | $30.3m | $36.8m | $49.0m | $64.3m | $75.0m | $82.2m | $78.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $22.8m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $25.9m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $104.9m | — | |
| Operating Expenses | $102.4m | $128.6m | $156.9m | $192.5m | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $264.3m | $329.4m | $451.7m | $630.6m | $791.4m | $922.1m | $980.4m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $473k | — | — | — | — | — | — | — | — | |
| Sales-type Lease, Selling Profit (Loss) | — | — | — | — | $3.8m | $0 | $0 | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $2.1b | $1.2b | $1.4b | ($307.2m) | ($1.1b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($2.4b) | ($1.7b) | ($1.8b) | ($125.1m) | $52.2m | |
| Change In Account Payable | — | — | — | — | — | — | $9.3m | $4.7m | $8.9m | ($7.6m) | ($5.8m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($7.2m) | ($3.3m) | $22.5m | $109.8m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($13.4m) | ($22.4m) | ($32.0m) | ($31.3m) | ($46.5m) | |
| Change In Payable | — | — | — | — | — | — | $9.3m | $4.7m | $8.9m | ($7.6m) | ($5.8m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($1.9m) | $1.3m | ($29.4m) | $2.1m | $2.1m | |
| Changes In Cash | — | — | — | — | — | — | ($7.2m) | ($3.3m) | $22.5m | $109.8m | ($529.0m) | |
| End Cash Position | — | — | — | — | — | — | $36.8m | $33.4m | $56.0m | $165.8m | $32.2m | |
| Financing Cash Flow | — | — | — | — | — | — | $2.1b |
$1.2b
-41.09%
|
$1.4b
+10.76%
|
($307.2m)
-122.27%
|
($1.1b)
-254.97%
|
|
| Free Cash Flow | — | — | — | — | — | — | $192.6m | $161.0m | $105.5m | $208.7m | $227.2m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($8.0m) | ($18.5m) | ($17.5m) | ($105.7m) | ($96.4m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($2.4b) | ($1.7b) | ($1.8b) | ($125.1m) | $52.2m | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($2.3b) | ($1.3b) | ($1.5b) | $208.4m | $334.4m | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($122k) | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($7.0m) | ($18.5m) | ($17.5m) | ($105.5m) | ($96.4m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($28.9m) | ($32.3m) | ($29.3m) | ($18.7m) | — | |
| Preferred Stock Payments | — | — | — | — | — | — | $0 | $0 | ($122k) | $0 | $0 | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($2.3b) | ($1.3b) | ($1.5b) | $0 | ($269.1m) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $15.3m | $27.0m | $43.4m | $208.4m | $334.4m | |
| Stock Based Compensation | — | — | — | — | — | — | $28.4m | $33.6m | $41.6m | $100.5m | $85.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.