ILPT · Industrial Logistics Properties Trust - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $36.96M | $30.45M | $31.16M | $32.88M | $16.72M | $19.58M |
| Total Operating Expenses | $307.00M | $303.55M | $308.58M | $376.67M | $117.27M | $146.23M |
| D&A | $165.23M | $171.99M | $178.73M | $160.98M | $50.60M | $70.52M |
| Operating Income | ($122.44M) | ($142.34M) | ($150.52M) | $80.95M | $79.04M | $80.95M |
| Interest Expense | $264.56M | $292.54M | $288.54M | $280.05M | $35.63M | $51.62M |
| Income Tax | $104.0K | $162.0K | $104.0K | $45.0K | $273.0K | $277.0K |
| Net Income | ($66.19M) | ($95.67M) | ($107.99M) | ($226.72M) | $119.68M | $82.07M |
| EPS - Basic | ($1.00) | ($1.46) | ($1.65) | ($3.47) | $1.26 | - |
| EPS - Diluted | ($1.00) | ($1.46) | ($1.65) | ($3.47) | $1.26 | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $94.81M | $131.71M | $112.34M | $48.26M | $29.40M | $22.83M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $5.19B | $5.41B | $5.56B | $5.68B | $1.91B | $1.92B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $4.19B | $4.30B | $1.24B | $4.24B | $828.12M | $866.58M |
| Total Liabilities | $4.29B | $4.40B | $4.40B | $4.35B | $870.52M | $912.55M |
| Stockholders' Equity | $489.70M | $562.02M | $669.95M | $790.72M | $1.04B | $1.00B |
| Retained Earnings | ($152.66M) | ($86.47M) | $9.20M | $117.19M | $343.91M | $224.23M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $60.67M | $1.96M | $6.06M | $83.25M | $110.65M | $114.56M |
| Investing Cash Flow | $3.96M | $16.42M | $67.74M | ($3.45B) | $22.88M | ($4.52M) |
| Financing Cash Flow | ($124.08M) | ($21.63M) | $31.14M | $3.47B | ($126.96M) | ($121.76M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | 0.2% | 0.3% |
| Return on assets | -1.3% | -1.8% | -1.9% | -4.0% | 6.3% | 4.3% |
| Return on equity | -13.5% | -17.0% | -16.1% | -28.7% | 11.5% | 8.2% |
| Return on invested capital | -2.1% | -2.3% | -6.2% | 1.3% | 4.2% | 4.3% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 8.56 | 7.65 | 1.84 | 5.37 | 0.80 | 0.86 |
| Debt / Assets | 0.81 | 0.80 | 0.22 | 0.75 | 0.43 | 0.45 |
| Debt / EBITDA | 98.01 | 145.05 | 43.78 | 17.54 | 6.39 | 5.72 |
| Interest coverage | -0.5x | -0.5x | -0.5x | 0.3x | 2.2x | 1.6x |
| Equity multiplier | 10.60 | 9.62 | 8.30 | 7.18 | 1.84 | 1.91 |
| Liabilities / Assets | 0.83 | 0.81 | 0.79 | 0.77 | 0.46 | 0.48 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | 19.9x | - |
| P / B | 0.7x | 0.4x | 0.5x | 0.3x | 1.6x | 1.5x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 104.3x | 148.7x | 50.7x | 18.2x | 18.8x | 15.6x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 14.0% | 5.4% | - | 2.4% | -2.4% | 55.7% |
| Net income growth (YoY) | 30.8% | 11.4% | 52.4% | - | 45.8% | 56.3% |
| EPS growth (YoY) | 31.5% | 11.5% | 52.4% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -12.9% | -16.1% | -15.3% | -23.8% | 3.5% | 0.8% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing Industrial Logistics Properties Trust against the 5 most active filers in the same SIC group.
Dividends
$0.20/share trailing 12 months · +400.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 21, 2026 | $0.0500 |
| Jan 26, 2026 | $0.0500 |
| Oct 27, 2025 | $0.0500 |
| Jul 21, 2025 | $0.0500 |
| Apr 22, 2025 | $0.0100 |
| Jan 27, 2025 | $0.0100 |
| Oct 28, 2024 | $0.0100 |
| Jul 22, 2024 | $0.0100 |
| Apr 19, 2024 | $0.0100 |
| Jan 19, 2024 | $0.0100 |
| Oct 20, 2023 | $0.0100 |
| Jul 21, 2023 | $0.0100 |
| Apr 21, 2023 | $0.0100 |
| Jan 20, 2023 | $0.0100 |
| Oct 21, 2022 | $0.0100 |
| Jul 22, 2022 | $0.0100 |
| Apr 22, 2022 | $0.3300 |
| Jan 21, 2022 | $0.3300 |
| Oct 22, 2021 | $0.3300 |
| Jul 23, 2021 | $0.3300 |
| Apr 23, 2021 | $0.3300 |
| Jan 22, 2021 | $0.3300 |
| Oct 23, 2020 | $0.3300 |
| Jul 24, 2020 | $0.3300 |