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 → | -8.10 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 1.20 | 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 | 0.59 | 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 | 8.90 | 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 | 14.63 | 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 | 30.97 | 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
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Quick answers to the most common questions about buying ILPT stock.
Industrial Logistics Properties Trust's current P/E is -8.1x. 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.