Financial Snapshot

Revenue
$440.7M
TTM
Gross Margin
86.41%
TTM
Net Earnings
-$102.8M
TTM
Current Assets
$276.6M
Q3 2024
Current Liabilities
$91.39M
Q3 2024
Current Ratio
302.66%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.043B
Q3 2024
Cash
Q3 2024
P/E
-2.367
Nov 29, 2024 EST
Free Cash Flow
-$36.30M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $437.3M $388.2M $219.9M $254.6M $229.2M $162.5M $156.5M $153.3M $147.9M
YoY Change 12.67% 76.53% -13.64% 11.08% 41.02% 3.85% 2.08% 3.66%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $437.3M $388.2M $219.9M $254.6M $229.2M $162.5M $156.5M $153.3M $147.9M
Cost Of Revenue $60.05M $50.62M $30.13M $35.20M $30.40M $19.30M $17.90M $17.20M $16.30M
Gross Profit $377.3M $337.5M $189.7M $219.4M $198.9M $143.2M $138.6M $136.1M $131.6M
Gross Profit Margin 86.27% 86.96% 86.29% 86.17% 86.78% 88.11% 88.56% 88.77% 88.98%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $31.16M $586.0K $16.72M $19.60M $17.20M $11.30M $16.80M $8.900M $8.600M
YoY Change 5218.09% -96.5% -14.67% 13.95% 52.21% -32.74% 88.76% 3.49%
% of Gross Profit 8.26% 0.17% 8.81% 8.93% 8.65% 7.89% 12.12% 6.54% 6.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $125.3M $106.2M $32.46M $43.82M $38.18M $18.78M $17.74M $17.56M $16.40M
YoY Change 17.91% 227.31% -25.93% 14.78% 103.27% 5.88% 1.0% 7.09%
% of Gross Profit 33.2% 31.47% 17.11% 19.97% 19.19% 13.12% 12.8% 12.9% 12.46%
Operating Expenses $248.1M $192.4M $86.00M $110.8M $96.70M $52.90M $55.00M $46.90M $42.50M
YoY Change 28.93% 123.75% -22.38% 14.58% 82.8% -3.82% 17.27% 10.35%
Operating Profit $129.2M $145.1M $103.7M $108.6M $102.2M $90.30M $83.60M $89.20M $89.10M
YoY Change -10.96% 39.87% -4.48% 6.26% 13.18% 8.01% -6.28% 0.11%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $288.5M $280.1M $35.63M $51.62M $50.85M $16.08M $2.439M $2.262M -$2.100M
YoY Change 3.03% 686.11% -30.98% 1.52% 216.2% 559.33% 7.82% -207.71%
% of Operating Profit 223.32% 193.0% 34.34% 47.53% 49.75% 17.81% 2.92% 2.54% -2.36%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income -$150.5M -$293.9M $79.04M $80.95M $52.00M $74.42M $80.15M $86.94M $71.70M
YoY Change -48.78% -471.82% -2.37% 55.67% -30.12% -7.15% -7.82% 21.26%
Income Tax $104.0K $45.00K $273.0K $277.0K $171.0K $32.00K $44.00K $44.00K $0.00
% Of Pretax Income 0.35% 0.34% 0.33% 0.04% 0.05% 0.05% 0.0%
Net Earnings -$108.0M -$226.7M $119.7M $82.07M $52.50M $74.39M $80.10M $86.90M $71.60M
YoY Change -52.37% -289.44% 45.83% 56.33% -29.43% -7.13% -7.82% 21.37%
Net Earnings / Revenue -24.69% -58.41% 54.43% 32.24% 22.9% 45.77% 51.18% 56.68% 48.41%
Basic Earnings Per Share -$1.65 -$3.47 $1.83 $1.26 $0.81
Diluted Earnings Per Share -$1.65 -$3.47 $1.83 $1.26 $0.81 $1.161M $1.232M $1.337M $1.102M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $112.3M $48.26M $29.40M $22.80M $28.40M $9.600M
YoY Change 132.78% 64.17% 28.93% -19.72% 195.83%
Cash & Equivalents $112.3M $48.26M $29.40M $22.80M $28.40M $9.600M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $119.2M $107.0M $75.88M $69.50M $62.80M $56.90M $51.70M $47.10M $41.40M
Other Receivables $0.00 $0.00 $0.00 $2.700M $1.500M $1.400M $0.00 $0.00 $0.00
Total Short-Term Assets $231.5M $155.3M $105.3M $95.00M $92.70M $67.90M $51.70M $47.10M $41.40M
YoY Change 49.1% 47.49% 10.81% 2.48% 36.52% 31.33% 9.77% 13.77%
Property, Plant & Equipment $4.777B $4.908B $1.581B $1.668B $2.205B $1.369B $1.269B $1.280B $1.296B
YoY Change -2.67% 210.35% -5.18% -24.35% 61.02% 7.89% -0.84% -1.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $115.4M $124.4M $143.0M $60.60M $300.0K $8.600M
YoY Change -7.24% -13.05% 136.01% 20100.0% -96.51%
Other Assets $133.4M $92.52M $9.687M $6.100M $15.70M $10.60M $5.300M $5.400M $5.400M
YoY Change 44.17% 855.08% 58.8% -61.15% 48.11% 100.0% -1.85% 0.0%
Total Long-Term Assets $5.332B $5.521B $1.803B $1.821B $2.362B $1.467B $1.360B $1.375B $1.402B
YoY Change -3.42% 206.16% -0.96% -22.92% 61.06% 7.85% -1.11% -1.9%
Total Assets $5.564B $5.676B $1.909B $1.916B $2.455B $1.535B $1.412B $1.422B $1.443B
YoY Change
Accounts Payable $67.73M $68.40M $16.28M $14.70M $16.50M $12.00M $11.10M $10.20M $9.900M
YoY Change -0.98% 320.11% 10.76% -10.91% 37.5% 8.11% 8.82% 3.03%
Accrued Expenses $4.730M $5.149M
YoY Change -8.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $182.0M $221.0M $48.80M $0.00 $0.00
YoY Change -17.65% 352.87%
Total Short-Term Liabilities $77.42M $78.37M $203.6M $244.5M $74.50M $19.80M $23.90M $15.80M $15.50M
YoY Change -1.21% -61.5% -16.74% 228.19% 276.26% -17.15% 51.27% 1.94%
Long-Term Debt $4.306B $4.245B $646.1M $645.6M $1.358B $462.2M $799.4M $64.30M $64.60M
YoY Change 1.45% 556.92% 0.08% -52.46% 193.79% -42.18% 1143.23% -0.46%
Other Long-Term Liabilities $18.53M $22.52M $20.83M $22.40M $27.00M $24.30M $26.20M $29.00M $29.00M
YoY Change -17.71% 8.13% -7.01% -17.04% 11.11% -7.25% -9.66% 0.0%
Total Long-Term Liabilities $4.324B $4.267B $667.0M $668.0M $1.385B $486.5M $825.6M $93.30M $93.60M
YoY Change 1.35% 539.78% -0.16% -51.77% 184.67% -41.07% 784.89% -0.32%
Total Liabilities $4.894B $4.885B $870.5M $912.6M $1.459B $506.3M $849.5M $109.2M $109.0M
YoY Change 0.17% 461.21% -4.61% -37.46% 188.21% -40.4% 677.93% 0.18%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $243.41 Million

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust is a real estate investment trust, which owns and leases industrial and logistics properties. The company is headquartered in Newton, Massachusetts. The company went IPO on 2018-01-12. The firm owns and leases industrial and logistics properties throughout the United States. The company owns approximately 411 properties containing 59.9 million rentable square feet in 39 states, including 226 buildings, leasable land parcels and easements containing approximately 16.7 million rentable square feet that are primarily industrial lands located on the island of Oahu, Hawaii, and 185 properties containing approximately 43.2 million rentable square feet that are industrial and logistics properties located in 38 other states, or its Mainland Properties. The firm operates in one business segment, consisting of ownership and leasing of properties that include industrial and logistics buildings and leased industrial lands. The firm is managed by The RMR Group, which is a United States (U.S.) alternative asset management company.

Industry: Real Estate Investment Trusts Peers: Prologis, Inc. INDUS REALTY TRUST, INC. INNOVATIVE INDUSTRIAL PROPERTIES INC LXP Industrial Trust NewLake Capital Partners, Inc. Plymouth Industrial REIT, Inc.