Industrial Logistics Properties Trust (ILPT) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
ILPT Revenue Analysis (2015–2025)
As of February 28, 2026, Industrial Logistics Properties Trust (ILPT) generated trailing twelve-month (TTM) revenue of $445.5 million, reflecting modest growth of +1.8% year-over-year. The most recent quarter (Q3 2025) recorded $110.9 million in revenue, down 1.0% sequentially.
Looking at the longer-term picture, ILPT's 5-year compound annual growth rate (CAGR) stands at +12.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $448.8 million in 2025, representing a new all-time high.
When compared to Real Estate sector peers including PLD (+10.7% YoY), EGP (+11.6% YoY), and REXR (+10.4% YoY), ILPT has underperformed the peer group in terms of revenue growth. Compare ILPT vs PLD →
Peer Comparison
Compare ILPT's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ILPTCurrent | $445M | +1.8% | +12.0% | 78.0% | |
| PLD | $8.2B | +10.7% | +19.7% | 53.8% | |
| EGP | $639M | +11.6% | +14.1% | 69.4% | |
| REXR | $936M | +10.4% | +28.5% | 68.8% | |
| FR | $672M | +8.9% | +9.6% | 44.3% | |
| STAG | $845M | +9.6% | +11.8% | 0.7% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $448.8M | +1.5% | $387.2M | 86.3% | $350.1M | 78.0% |
| 2024 | $442.3M | +1.1% | $379.8M | 85.9% | $138.8M | 31.4% |
| 2023 | $437.3M | +12.7% | $377.3M | 86.3% | $129.2M | 29.5% |
| 2022 | $388.2M | +76.5% | $337.5M | 87.0% | $112.8M | 29.1% |
| 2021 | $219.9M | -13.6% | $189.7M | 86.3% | $103.7M | 47.2% |
| 2020 | $254.6M | +11.1% | $199.8M | 78.5% | $199.6M | 78.4% |
| 2019 | $229.2M | +41.0% | $198.9M | 86.8% | $102.1M | 44.5% |
| 2018 | $162.5M | +3.8% | $143.2M | 88.1% | $90.3M | 55.6% |
| 2017 | $156.5M | +2.1% | $138.6M | 88.6% | $82.6M | 52.8% |
| 2016 | $153.3M | +3.7% | $136.1M | 88.8% | $89.2M | 58.2% |
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Start ComparisonFrequently Asked Questions
Is ILPT's revenue growth accelerating or slowing?
ILPT revenue growth slowed to +1.8%, below the 5-year CAGR of +12.0%. TTM revenue is $445M. The deceleration marks a shift from historical growth rates.
What is ILPT's long-term revenue growth rate?
Industrial Logistics Properties Trust's 5-year revenue CAGR of +12.0% reflects the variable expansion pattern. Current YoY growth of +1.8% is near this long-term average.
How is ILPT's revenue distributed by segment?
ILPT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.