ES
MARKETS / NYSE / REXR
NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Rexford Industrial Realty, Inc. REXR

14 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY8 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$589,000
▼ 3.6% vs FY2024
Dividend streak
8 yrs
Raised every year since 2018
EPS · FY25
$0.86
Dividend / sh · FY25
$1.72
Payout · FY25
187%
ROE · FY25
2.5%
Net margin · FY25
35998.1%
Dividend coverage
0.5×
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Result
USD 589,000.00
Revenue, FY2025 · full 14-year series below
Revenue Net income
0.0250.050.0750.10.00.2201120152018202120242025
0.0250.050.0750.10.00.22016201920222025

35998 cents of every revenue dollar became profit this year.

Per share
USD 0.86
Diluted EPS, FY2025
EPS Dividend
0.81.62.41.720.86201120152018202120242025
0.81.62.41.720.862016201920222025

Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.

Profitability
2.5%
Return on equity, FY2025
ROE
12342.5%201120152018202120242025
12342.5%2016201920222025
Operating margin—
Net margin35998.1%
Return on assets1.7%

Each USD of equity produced 3 cents of profit this year.

Returned to shareholders
USD 397.5M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 397.5M
Net buybacksUSD -227.5M
Share of profit187.5%
Consecutive raises8 years

USD 397.5M in dividends — 187% of the year's profit, so the payout drew on cash built up earlier.

Growth
+7.0% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−1.5%
+7.0%
−39.8%
Net income
+8.2%
+22.6%
+60.5%
EPS, diluted
−2.2%
+11.0%
+39.9%
Dividend / share
+10.9%
+14.9%
Returned to shareholders
+25.3%
+32.0%
+31.3%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.23B
Shares outstanding, FY2025
0.040.23201120152018202120242025
0.070.232016201920222025
Change, 5 years+76.2%
Change, 10 years+316.5%

The share count grew 76% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 12.6B
total assets, end of FY2025
Total assetsUSD 12.6B
EquityUSD 8.5B
CashUSD 165.8M
Gross debtUSD 3.3B
Net debtUSD 3.1B

Net debt stands at 36% of equity.

History
14 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2012
2011
Revenue $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
·
·
Operating income $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
·
·
·
·
·
·
·
·
·
·
0.0
0.0
·
·
Net income $B
0.2
0.3
0.2
0.2
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
−0.0
−0.0
EPS, diluted $
0.86
1.20
1.12
0.92
0.80
0.51
0.47
0.41
0.48
0.36
0.03
0.02
·
·
Dividend / sh $
1.72
1.67
1.52
1.26
0.96
0.86
0.74
0.64
0.58
·
·
·
·
·
Payout %
187
129
122
120
101
130
122
116
99
131
1390
1864
·
·
ROE %
2.5
3.4
3.3
3.0
3.2
2.6
2.8
2.9
3.6
3.1
0.3
0.2
·
·
Shares out B
0.23
0.23
0.21
0.19
0.16
0.13
0.11
0.10
0.08
0.07
0.06
0.04
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
25 of 25
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed