Last 36 quarters of trend data · Real Estate · REIT - Industrial
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 11.2% YoY to 15.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -7.86 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 1.17 | 0.81 | 0.80 | 0.87 | 0.67 | 0.51 | 0.54 | 0.72 | 0.55 | 0.63 | 0.71 | 0.43 | 0.50 |
| — | +59.5% | +48.0% | +20.9% | +22.6% | -19.2% | -23.2% | +67.2% | +9.3% | +37.8% | +40.9% | -50.6% | -76.7% | |
| P/B Ratio | 0.58 | 0.43 | 0.41 | 0.42 | 0.32 | 0.23 | 0.24 | 0.30 | 0.22 | 0.25 | 0.27 | 0.16 | 0.17 |
| — | +83.5% | +71.0% | +40.5% | +42.6% | -7.5% | -10.2% | +93.2% | +29.8% | +60.7% | +65.3% | -41.1% | -73.3% | |
| P/FCF | 8.64 | 5.91 | 11.21 | 4.24 | 4.07 | 4.98 | — | — | 6.44 | 12.00 | — | — | 5.70 |
| — | +18.8% | — | — | -36.7% | -58.5% | — | — | +13.0% | -72.1% | — | — | -39.7% | |
| EV / EBITDA | 14.58 | 15.54 | 39.34 | 8.81 | 13.98 | 13.97 | 14.44 | 14.46 | 14.10 | 14.29 | 14.79 | 8.48 | 8.66 |
| — | +11.2% | +172.5% | -39.0% | -0.9% | -2.2% | -2.4% | +70.4% | +62.9% | +69.3% | +73.9% | -5.9% | -15.9% | |
| EV / EBIT | 30.86 | 27.95 | 19.50 | 34.10 | 32.59 | 27.88 | 29.64 | 29.94 | 29.19 | 29.75 | 29.67 | 32.87 | 35.57 |
| — | +0.3% | -34.2% | +13.9% | +11.6% | -6.3% | -0.1% | -8.9% | -17.9% | -16.0% | -23.1% | -34.8% | -3.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Industrial Logistics Properties Trust's operating margin was 34.4% in Q1 2026, up 46.0 pp QoQ and up 0.7 pp YoY. Gross margin contracted 11.2% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.6% | 77.6% | -204.7% | 86.3% | 86.0% | 87.4% | 85.3% | 85.9% | 86.3% | 85.9% | 87.5% | 86.4% | 86.0% |
| — | -11.2% | -339.9% | +0.4% | -0.3% | +1.7% | -2.5% | -0.6% | +0.3% | +0.9% | +1.0% | +0.4% | -1.8% | |
| Operating Margin | 33.0% | 34.4% | -11.6% | 78.4% | 32.5% | 33.7% | 31.5% | 31.5% | 31.6% | 31.0% | 30.3% | 79.4% | 78.5% |
| — | +2.0% | -136.9% | +149.2% | +3.1% | +8.8% | +3.9% | -60.4% | -59.8% | -60.2% | -61.7% | +2.8% | -0.1% | |
| Net Margin | -14.7% | -8.1% | -1.6% | -19.4% | -19.0% | -19.2% | -21.8% | -22.9% | -20.9% | -20.9% | -28.7% | -23.7% | -23.9% |
| — | +57.9% | +92.8% | +15.3% | +9.3% | +7.7% | +24.0% | +3.2% | +12.4% | +7.3% | +1.7% | +46.4% | +82.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.9% | -1.1% | -0.2% | -2.3% | -2.2% | -2.2% | -2.3% | -2.3% | -2.1% | -2.0% | -2.6% | -2.1% | -2.0% |
| — | +51.3% | +91.6% | +1.2% | -5.6% | -5.8% | +10.5% | -11.4% | -3.4% | -8.1% | -13.8% | +35.5% | +78.5% | |
| ROA | -1.2% | -0.2% | -0.0% | -0.4% | -0.4% | -0.4% | -0.4% | -0.5% | -0.4% | -0.4% | -0.6% | -0.5% | -0.5% |
| — | +54.5% | +92.3% | +9.7% | +4.4% | +5.2% | +20.5% | +1.2% | +8.0% | +3.8% | -2.4% | +40.9% | +80.8% | |
| ROIC | 2.2% | 0.6% | -0.2% | 1.3% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 1.2% | 1.2% |
| — | +10.8% | -139.6% | +164.7% | +8.6% | +11.9% | +9.8% | -59.0% | -57.2% | -58.2% | -59.6% | +11.8% | +3.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Industrial Logistics Properties Trust's Debt/EBITDA ratio is 58.3x, down from 150.8x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 1298.8% YoY to 3.91x, strengthening the short-term liquidity position. Debt/Equity has risen for 12 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.69 | 4.75 | 4.69 | 4.61 | 4.45 | 4.41 | 4.28 | 4.14 | 3.97 | 3.85 | 3.72 | 3.55 | 3.43 |
| — | +7.7% | +9.7% | +11.2% | +11.9% | +14.5% | +14.9% | +16.8% | +16.0% | +16.2% | +16.1% | +13.2% | +10.9% | |
| Debt / EBITDA | 13.49 | 58.31 | 150.82 | 32.89 | 54.09 | 54.38 | 56.34 | 55.77 | 55.20 | 55.20 | 56.60 | 33.11 | 33.52 |
| — | +7.2% | +167.7% | -41.0% | -2.0% | -1.5% | -0.5% | +68.4% | +64.7% | +68.8% | +72.9% | -1.0% | -7.1% | |
| Current Ratio | 0.23 | 3.91 | 0.23 | 3.53 | 3.75 | 0.28 | 4.56 | 0.14 | 0.29 | 4.44 | 4.71 | 4.23 | 4.53 |
| — | +1298.8% | -95.1% | +2382.1% | +1209.3% | -93.7% | -3.3% | -96.6% | -93.7% | +41.6% | +49.1% | +70.0% | +1159.3% | |
| Quick Ratio | 0.23 | 3.91 | 0.23 | 3.53 | 3.75 | 0.28 | 4.56 | 0.14 | 0.29 | 4.44 | 4.71 | 4.78 | 4.53 |
| — | +1298.8% | -95.1% | +2382.1% | +1209.3% | -93.7% | -3.3% | -97.0% | -93.7% | +41.6% | +49.1% | +92.1% | +1159.3% | |
| Interest Coverage | 0.61 | 0.65 | 0.88 | 0.52 | 0.49 | 0.57 | 0.52 | 0.51 | 0.51 | 0.51 | 0.52 | 0.46 | 0.44 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 36 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying ILPT stock.
Industrial Logistics Properties Trust's current P/E is -7.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Industrial Logistics Properties Trust's current operating margin is 33.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Industrial Logistics Properties Trust's business trajectory between earnings reports.