IIPR vs VTMX
Innovative Industrial Properties, Inc. and Vesta Real Estate Corporation, S.a.b. de C.v., side by side — 5 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | IIPR | VTMX |
|---|---|---|
| Revenue | $266.0M | $283.2M |
| Net income | $118.2M | $241.9M |
| Gross margin | — | — |
| Net margin | 44.5% | 85.4% |
| Return on equity | 6.2% | 9.1% |
| Diluted EPS | — | $0.28 |
| Dividend / share | $0.55 | — |
| Payout ratio | 182.9% | 28.2% |
| Free cash flow | $-896,000 | $206.4M |
| Equity | $1.8B | $2.7B |
| Net debt / equity | 0.19× | 0.35× |
| Current ratio | — | 4.84× |
| Revenue CAGR 5y | 17.9% | — |
| Profit CAGR 5y | 12.5% | — |
IIPR and VTMX book revenue within 15% of each other, and VTMX keeps more of each dollar of revenue as profit (85.4% against 44.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Advertisement
AdSense · Leaderboard 728×90 · responsive
Revenue by year
5 years side by side
| Fiscal year | IIPR | VTMX |
|---|---|---|
| FY2025 | $266.0M | $283.2M |
| FY2024 | $308.5M | $252.3M |
| FY2023 | $309.5M | $214.5M |
| FY2022 | $276.4M | $178.0M |
| FY2021 | $204.6M | $160.8M |
Net income by year
Bottom line
| Fiscal year | IIPR | VTMX |
|---|---|---|
| FY2025 | $118.2M | $241.9M |
| FY2024 | $161.7M | $223.3M |
| FY2023 | $165.6M | $316.6M |
| FY2022 | $154.4M | $243.6M |
| FY2021 | $114.0M | $173.9M |
Advertisement
AdSense · Rectangle 336×280
More in this industry
Other pairs
The companies