REXR · Rexford Industrial Realty, Inc. - 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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $245.08M | - | $253.24M | $249.51M | $252.29M | - | $241.84M | $237.57M | $214.10M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $14.93M | - | $20.04M | $19.75M | $19.87M | - | $20.93M | $19.31M | $19.98M | - |
| Total Operating Expenses | $144.62M | - | $159.09M | $146.24M | $161.87M | - | $145.03M | $139.11M | $133.74M | - |
| D&A | $72.93M | - | $81.17M | $71.19M | $86.74M | - | $69.24M | $67.90M | $66.28M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $26.60M | - | $25.46M | $26.70M | $27.29M | - | $27.34M | $28.41M | $14.67M | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $0 | - |
| Net Income | $91.19M | - | $89.92M | $116.33M | $71.20M | - | $67.77M | $82.48M | $61.37M | - |
| EPS - Basic | $0.38 | - | $0.37 | $0.48 | $0.30 | - | $0.30 | $0.37 | $0.27 | - |
| EPS - Diluted | $0.38 | - | $0.37 | $0.48 | $0.30 | - | $0.30 | $0.37 | $0.27 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $51.71M | $165.78M | $248.96M | $431.12M | $504.58M | $55.97M | $61.84M | $125.71M | $336.96M | $33.44M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $12.40B | $12.61B | $12.85B | $13.08B | $13.09B | $12.65B | $12.42B | $12.37B | $12.38B | $10.93B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $3.25B | $3.25B | $3.25B | $3.35B | $3.35B | $3.35B | $3.35B | $3.35B | $3.35B | $2.23B |
| Total Liabilities | $3.76B | $3.77B | $3.81B | $3.88B | $3.91B | $3.92B | $3.96B | $3.95B | $3.97B | $2.79B |
| Stockholders' Equity | $8.26B | $8.46B | $8.68B | $8.84B | $8.80B | $8.32B | $8.07B | $8.03B | $8.03B | $7.77B |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $141.17M | - | - | - | $152.55M | - | - | - | $133.76M | - |
| Investing Cash Flow | $59.71M | - | - | - | ($29.04M) | - | - | - | ($1.15B) | - |
| Financing Cash Flow | ($314.94M) | - | - | - | $375.20M | - | - | - | $1.32B | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 37.2% | - | 35.5% | 46.6% | 28.2% | - | 28.0% | 34.7% | 28.7% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.1% | - | 7.9% | 7.9% | 7.9% | - | 8.7% | 8.1% | 9.3% | - |
| Effective tax rate | 0.0% | - | 0.0% | 0.0% | 0.0% | - | 0.0% | 0.0% | 0.0% | - |
| Return on assets | 0.7% | - | 0.7% | 0.9% | 0.5% | - | 0.5% | 0.7% | 0.5% | - |
| Return on equity | 1.1% | - | 1.0% | 1.3% | 0.8% | - | 0.8% | 1.0% | 0.8% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.39 | 0.38 | 0.37 | 0.38 | 0.38 | 0.40 | 0.42 | 0.42 | 0.42 | 0.29 |
| Debt / Assets | 0.26 | 0.26 | 0.25 | 0.26 | 0.26 | 0.26 | 0.27 | 0.27 | 0.27 | 0.20 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.50 | 1.49 | 1.48 | 1.48 | 1.49 | 1.52 | 1.54 | 1.54 | 1.54 | 1.41 |
| Liabilities / Assets | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.31 | 0.32 | 0.32 | 0.32 | 0.25 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.02 | 0.02 | 0.02 | - | 0.02 | 0.02 | 0.02 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 86.1x | - | 111.1x | 74.1x | 130.5x | - | 167.7x | 120.5x | 186.3x | - |
| P / B | 0.9x | - | 1.1x | 1.0x | 1.0x | - | 1.4x | 1.2x | 1.3x | - |
| P / S | 30.5x | - | 38.1x | 33.7x | 35.3x | - | 45.6x | 40.8x | 50.4x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.9% | - | 4.7% | 5.0% | 17.8% | - | 17.7% | 21.4% | 15.0% | - |
| Revenue CAGR (3y) | 9.6% | - | 15.9% | 18.7% | 21.5% | - | 28.0% | 31.5% | 29.0% | - |
| Revenue CAGR (5y) | 19.7% | - | 24.7% | 25.6% | 26.6% | - | 28.9% | 29.8% | 28.8% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | 28.1% | - | 32.7% | 41.1% | 16.0% | - | 14.9% | 52.2% | 1.4% | - |
| EPS growth (YoY) | 26.7% | - | 23.3% | 29.7% | 11.1% | - | 11.1% | 42.3% | -10.0% | - |
| EPS CAGR (3y) | 8.2% | - | 20.8% | 29.7% | 3.6% | - | 9.3% | 35.1% | 12.4% | - |
| EPS CAGR (5y) | 14.9% | - | 12.0% | 36.9% | 27.2% | - | 27.2% | 25.3% | 27.5% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -6.2% | 1.6% | 7.5% | 10.1% | 9.6% | 7.2% | 8.0% | 11.7% | 11.8% | 18.5% |
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing Rexford Industrial Realty against the 5 most active filers in the same SIC group.
Dividends
$1.72/share trailing 12 months · +2.4% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.4350 |
| Dec 31, 2025 | $0.4300 |
| Sep 30, 2025 | $0.4300 |
| Jun 30, 2025 | $0.4300 |
| Mar 31, 2025 | $0.4300 |
| Dec 31, 2024 | $0.4180 |
| Sep 30, 2024 | $0.4180 |
| Jun 28, 2024 | $0.4180 |
| Mar 27, 2024 | $0.4180 |
| Dec 28, 2023 | $0.3800 |
| Sep 28, 2023 | $0.3800 |
| Jun 29, 2023 | $0.3800 |
| Mar 30, 2023 | $0.3800 |
| Dec 29, 2022 | $0.3150 |
| Sep 29, 2022 | $0.3150 |
| Jun 29, 2022 | $0.3150 |
| Mar 30, 2022 | $0.3150 |
| Dec 30, 2021 | $0.2400 |
| Sep 29, 2021 | $0.2400 |
| Jun 29, 2021 | $0.2400 |
| Mar 30, 2021 | $0.2400 |
| Dec 30, 2020 | $0.2150 |
| Sep 29, 2020 | $0.2150 |
| Jun 29, 2020 | $0.2150 |