Revenue (FY 2025)
↓-13.8% YoY
$265.95M
3-Yr CAGR: -1.3%
Net Income
↓-29.2% YoY
$114.44M
Net Margin: 43.0%
Free Cash Flow
↓-21.2% YoY
$195.98M
FCF Yield: 12.24%
EPS (Diluted)
↓-28.8% YoY
$3.93
Basic: $3.98
Return on Equity
Efficiency
6.2%
ROA: 4.8%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (IIPR)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Div / Sh | Div Yield | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $0.3M | — | $0.3M | $-4.4M | — | $-4.56 | — | — | 0.00% | $1.7M | — | — |
| FY 2017 | $6.4M | +1,900.0% | $5.3M | $-0.1M | +98.4% | $-0.13 | +97.1% | $0.55 | 1.70% | $5.0M | — | — |
| FY 2018 | $14.8M | +130.3% | $11.7M | $7.0M | +9,801.4% | $0.75 | +676.9% | $0.91 | 2.01% | $15.7M | — | — |
| FY 2019 | $44.7M | +202.1% | $38.4M | $23.5M | +236.1% | $2.03 | +170.7% | $2.11 | 2.79% | $44.9M | — | — |
| FY 2020 | $116.9M | +161.7% | $109.5M | $65.7M | +180.0% | $3.27 | +61.1% | $3.86 | 2.11% | $110.8M | — | — |
| FY 2021 | $204.6M | +75.0% | $186.5M | $114.0M | +73.4% | $4.55 | +39.1% | $4.99 | 1.90% | $188.7M | $142.5M | — |
| FY 2022 | $276.4M | +35.1% | $258.1M | $154.4M | +35.4% | $5.52 | +21.3% | $6.65 | 6.56% | $234.1M | $204.8M | +43.7% |
| FY 2023 | $309.5M | +12.0% | $292.0M | $165.6M | +7.3% | $5.77 | +4.5% | $7.17 | 7.12% | $255.5M | $247.2M | +20.7% |
| FY 2024 | $308.5M | -0.3% | $290.8M | $161.7M | -2.4% | $5.52 | -4.3% | $7.43 | 11.15% | $258.4M | $248.7M | +0.6% |
| FY 2025 | $266.0M | -13.8% | $245.8M | $114.4M | -29.2% | $3.93 | -28.8% | $7.62 | 16.09% | $198.2M | $196.0M | -21.2% |
Valuation
Market Price
$55.65
Market Cap
$1.60B
Enterprise Value
$1.95B
P/E Ratio
14.16
P/B Ratio
0.87
FCF Yield
12.24%
Dividend Yield
13.70%
Shares Outstanding
Profitability & Margins
Gross Margin
92.41%
Operating Margin
46.67%
Net Margin
43.03%
Return on Equity (ROE)
6.19%
Return on Assets (ROA)
4.83%
Asset Turnover
0.11x
Revenue 3-Yr CAGR
-1.27%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
0.213
Debt / Assets
0.166
Cash & Equivalents
$47.60M
Total Debt
$393.71M
Book Value / Share
$64.22
Cash Flow Efficiency
Operating Cash Flow
$198.19M
Capital Expenditures (CapEx)
$2.21M
Free Cash Flow
$195.98M
OCF / Revenue
74.52%
FCF / Revenue
73.69%
FCF 3-Yr CAGR
-1.45%
Per Share Metrics
EPS (Diluted)
$3.93
EPS (Basic)
$3.98
Dividends / Share
$7.62
Book Value / Share
$64.22
EPS YoY Growth
-28.80%
Balance Sheet (FY 2025)
Total Assets
$2.37B
Total Liabilities
$522.85M
Stockholders' Equity
$1.85B
Current Assets
N/A
Current Liabilities
N/A