Innovative Industrial Properties Inc
NYSE:IIPR
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| US |
I
|
Innovative Industrial Properties Inc
NYSE:IIPR
|
1.5B USD |
6%
|
|
| US |
|
Prologis Inc
NYSE:PLD
|
101.8B USD |
4%
|
|
| AU |
|
Goodman Group
ASX:GMG
|
67.3B AUD |
4%
|
|
| SG |
|
ESR-REIT
OTC:CGIUF
|
14B USD |
-3%
|
|
| SG |
|
Ascendas Real Estate Investment Trust
SGX:A17U
|
12.5B |
4%
|
|
| UK |
|
SEGRO PLC
LSE:SGRO
|
8.7B GBP |
3%
|
|
| US |
|
Lineage Inc
NASDAQ:LINE
|
10.1B USD |
-3%
|
|
| US |
|
Rexford Industrial Realty Inc
NYSE:REXR
|
8.9B USD |
2%
|
|
| US |
|
Eastgroup Properties Inc
NYSE:EGP
|
8.7B USD |
5%
|
|
| US |
|
STAG Industrial Inc
NYSE:STAG
|
6.7B USD |
4%
|
|
| US |
|
First Industrial Realty Trust Inc
NYSE:FR
|
6.6B USD |
5%
|
Innovative Industrial Properties Inc
Glance View
Innovative Industrial Properties Inc. (IIPR) emerged in the rapidly evolving landscape of the cannabis industry, taking advantage of a niche that marries the complex world of real estate investment with the burgeoning demand for medical cannabis facilities. Founded in 2016, the company established itself as a real estate investment trust (REIT), focusing exclusively on the acquisition, ownership, and management of specialized properties leased to state-licensed operators for their regulated medical-use cannabis facilities. This strategic focus enabled IIPR to tap into the expanding cannabis market, capitalizing on the industry's explosive growth while maintaining a solid footing in the real estate domain. The company’s method involves purchasing properties for cash and leasing them back to the cannabis operators under long-term, triple-net leases, effectively minimizing operational liabilities and ensuring consistent revenue flow. What sets IIPR apart is its adeptness in navigating the intricate regulatory framework that surrounds the cannabis industry, especially in the United States, where cannabis legality varies dramatically from state to state. By positioning itself as a funding source for cash-strapped cannabis operators who often struggle to find financing due to federal restrictions, IIPR provides essential capital that operators need to expand operations, update facilities, and meet rising demand. Its business model ensures a steady income stream through lease agreements while enjoying the benefits of property appreciation. Furthermore, these leases include annual rent escalations, contributing to the growth in rental income over time. Thus, IIPR’s business success hinges on its dual role as both a financial partner to the cannabis sector and a prudent real estate manager, exemplifying a distinctive approach to merging two dynamic industries.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on Innovative Industrial Properties Inc's most recent financial statements, the company has ROA of 6.3%.
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