Plymouth Industrial REIT, Inc. (PLYM) Financial Ratios
13 years of historical data (2012–2024) · Real Estate · REIT - Industrial
EV/EBITDA
↑
13.32
-5% vs avg
5yr avg: 14.04
30Y Low7.1·High20.6
P/FCF
↑
10.19
↓-27% vs avg
5yr avg: 13.96
30Y Low5.5·High30.3
P/B Ratio
↑
1.69
+9% vs avg
5yr avg: 1.55
30Y Low0.5·High2.2
ROE
↑
25.9%
↓+1155% vs avg
5yr avg: 2.1%
30Y Low-153%·High26%
Debt/EBITDA
↑
5.35
↓-21% vs avg
5yr avg: 6.82
30Y Low4.7·High30.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PLYM Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Plymouth Industrial REIT, Inc. trades at 7.1x earnings, 89% below its 5-year average of 63.1x, sitting at the 50th percentile of its historical range. Compared to the Real Estate sector median P/E of 24.5x, the stock trades at a discount of 71%. On a free-cash-flow basis, the stock trades at 10.2x P/FCF, 27% below the 5-year average of 14.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $979M | $802M | $1.1B | $763M | $989M | $276M | $156M | $61M | $67M | — | — |
| Enterprise Value | $1.6B | $1.4B | $1.9B | $1.7B | $1.7B | $780M | $546M | $363M | $294M | — | — |
| P/E Ratio → | 7.11 | 5.76 | 120.35 | — | — | — | — | — | — | — | — |
| P/S Ratio | 4.94 | 4.04 | 5.26 | 4.16 | 7.03 | 2.51 | 2.08 | 1.24 | 2.71 | — | — |
| P/B Ratio | 1.69 | 1.37 | 2.15 | 1.46 | 1.96 | 0.81 | 0.64 | 0.49 | 1.12 | — | — |
| P/FCF | 10.19 | 8.35 | 12.83 | 10.56 | 30.31 | 7.73 | 5.64 | 5.52 | — | — | — |
| P/OCF | 10.19 | 8.35 | 12.83 | 10.56 | 17.07 | 6.60 | 5.64 | 4.09 | 8.89 | — | — |
P/E links to full P/E history page with 30-year chart
PLYM EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Plymouth Industrial REIT, Inc.'s enterprise value stands at 13.3x EBITDA, 5% below its 5-year average of 14.0x. The Real Estate sector median is 16.7x, placing the stock at a 20% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.21 | 9.55 | 9.09 | 11.76 | 7.10 | 7.25 | 7.38 | 11.84 | — | — |
| EV / EBITDA | 13.32 | 11.85 | 15.59 | 15.03 | 20.65 | 7.10 | 7.13 | 7.38 | 11.84 | — | — |
| EV / EBIT | 44.48 | 7.86 | 38.24 | 110.35 | 351.64 | 195.01 | 170.95 | — | — | — | — |
| EV / FCF | — | 14.89 | 23.31 | 23.10 | 50.66 | 21.87 | 19.68 | 32.95 | — | — | — |
PLYM Profitability
Margins and return-on-capital ratios measuring operating efficiency
Plymouth Industrial REIT, Inc. earns an operating margin of 18.2%, below the Real Estate sector average of 26.0%. Operating margins have expanded from 8.5% to 18.2% over the past 3 years, signaling improving operational efficiency. ROE of 25.9% indicates solid capital efficiency. ROIC of 2.1% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 68.9% | 68.9% | 68.7% | 69.2% | 66.1% | 65.3% | 63.8% | 64.5% | 66.9% | 69.8% | 70.2% |
| Operating Margin | 18.2% | 18.2% | 14.8% | 8.5% | 6.7% | 4.5% | 53.9% | -2.1% | -10.8% | -7.4% | -27.8% |
| Net Profit Margin | 70.2% | 70.2% | 6.8% | -9.2% | -10.7% | -30.3% | -13.8% | -38.0% | -35.1% | -188.2% | -252.3% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 25.9% | 25.9% | 2.7% | -3.3% | -3.6% | -11.4% | -5.7% | -20.3% | -77.2% | — | — |
| ROA | 9.9% | 9.9% | 0.9% | -1.2% | -1.4% | -4.2% | -1.8% | -4.7% | -3.7% | -25.0% | -30.5% |
| ROIC | 2.1% | 2.1% | 1.6% | 0.9% | 0.7% | 0.5% | 5.7% | -0.2% | -1.0% | -0.9% | -2.8% |
| ROCE | 2.8% | 2.8% | 2.2% | 1.2% | 0.9% | 0.7% | 7.4% | -0.3% | -1.2% | -1.0% | -3.6% |
PLYM Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Plymouth Industrial REIT, Inc. carries a Debt/EBITDA ratio of 5.4x, which is highly leveraged (32% below the sector average of 7.9x). Net debt stands at $628M ($646M total debt minus $18M cash). Interest coverage of just 1.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.10 | 1.10 | 1.79 | 1.75 | 1.37 | 1.53 | 1.64 | 2.56 | 4.08 | — | — |
| Debt / EBITDA | 5.35 | 5.35 | 7.13 | 8.26 | 8.62 | 4.73 | 5.23 | 6.44 | 9.90 | 7.31 | 30.67 |
| Net Debt / Equity | — | 1.07 | 1.76 | 1.73 | 1.32 | 1.49 | 1.60 | 2.44 | 3.77 | — | — |
| Net Debt / EBITDA | 5.21 | 5.21 | 7.01 | 8.16 | 8.29 | 4.59 | 5.09 | 6.14 | 9.13 | 7.26 | 30.56 |
| Debt / FCF | — | 6.54 | 10.48 | 12.54 | 20.35 | 14.14 | 14.04 | 27.43 | — | — | — |
| Interest Coverage | 0.97 | 0.97 | 0.82 | 0.49 | 0.47 | 0.28 | 2.71 | — | -0.23 | -0.04 | — |
PLYM Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.42x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.21x to 0.42x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.42 | 0.42 | 0.30 | 0.21 | 0.71 | 0.23 | 0.66 | 0.68 | 1.10 | 1.84 | 0.12 |
| Quick Ratio | 0.42 | 0.42 | 0.30 | 0.21 | 0.71 | 0.23 | 0.66 | 0.68 | 1.10 | 1.84 | 0.12 |
| Cash Ratio | 0.17 | 0.17 | 0.16 | 0.07 | 0.43 | 0.11 | 0.31 | 0.68 | 1.10 | 0.17 | 0.06 |
| Asset Turnover | — | 0.14 | 0.14 | 0.12 | 0.11 | 0.12 | 0.11 | 0.10 | 0.08 | 0.13 | 0.13 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
PLYM Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Plymouth Industrial REIT, Inc. returns 4.5% to shareholders annually — split between a 4.4% dividend yield and 0.1% buyback yield. The payout ratio of 31.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 14.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.4% | 5.4% | 4.0% | 5.2% | 3.2% | 9.3% | 12.7% | 18.2% | 2.6% | — | — |
| Payout Ratio | 31.3% | 31.3% | 307.0% | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.1% | 17.4% | 0.8% | — | — | — | — | — | — | — | — |
| FCF Yield | 9.8% | 12.0% | 7.8% | 9.5% | 3.3% | 12.9% | 17.7% | 18.1% | — | — | — |
| Buyback Yield | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 8.3% | 0.0% | — | — |
| Total Shareholder Yield | 4.5% | 5.5% | 4.0% | 5.2% | 3.2% | 9.5% | 12.7% | 26.5% | 2.6% | — | — |
| Shares Outstanding | — | $45M | $44M | $40M | $31M | $18M | $9M | $5M | $4M | $4M | $4M |
Peer Comparison
Compare PLYM with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PLYMYou | $979M | 7.1 | 13.3 | 10.2 | 68.9% | 18.2% | 25.9% | 2.1% | 5.4 |
 STAG | $7B | 26.4 | 17.2 | 18.3 | 61.3% | 37.7% | 7.6% | 3.5% | 5.3 |
 EGP | $11B | 41.7 | 25.1 | 26.9 | 43.3% | 39.9% | 7.6% | 4.3% | 3.5 |
 ILPT | $524M | -7.9 | 14.6 | 8.6 | 12.6% | 33.0% | -6.9% | 2.2% | 13.5 |
 TRNO | $7B | 16.9 | 25.5 | 32.9 | 50.3% | 40.3% | 10.3% | 2.9% | 3.8 |
 REXR | $9B | 42.1 | 17.1 | 41.2 | 77.3% | 37.9% | 2.4% | 2.4% | 5.0 |
 FR | $8B | 33.4 | 21.9 | 72.1 | 22.6% | 42.3% | 9.0% | 4.5% | 5.2 |
 PLD | $133B | 35.6 | 23.3 | 27.0 | 74.9% | 53.8% | 6.4% | 3.8% | 4.5 |
 LXP | $3B | 28.7 | 17.4 | 18.8 | -30.7% | 14.0% | 5.4% | 1.1% | 5.6 |
 COLD | $4B | -31.8 | 21.3 | — | — | 0.3% | -3.7% | 0.1% | 12.0 |
 GLP | $2B | 22.7 | 13.7 | 5.7 | 5.7% | 1.3% | 10.4% | 7.0% | 6.9 |
| Real Estate Median | — | 24.5 | 16.7 | 15.6 | 52.1% | 26.0% | 3.5% | 3.0% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonPLYM — Frequently Asked Questions
Quick answers to the most common questions about buying PLYM stock.
What is Plymouth Industrial REIT, Inc.'s P/E ratio?
Plymouth Industrial REIT, Inc.'s current P/E ratio is 7.1x. The historical average is 63.1x. This places it at the 50th percentile of its historical range.
What is Plymouth Industrial REIT, Inc.'s EV/EBITDA?
Plymouth Industrial REIT, Inc.'s current EV/EBITDA is 13.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.1x.
What is Plymouth Industrial REIT, Inc.'s ROE?
Plymouth Industrial REIT, Inc.'s return on equity (ROE) is 25.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -35.5%.
Is PLYM stock overvalued?
Based on historical data, Plymouth Industrial REIT, Inc. is trading at a P/E of 7.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Plymouth Industrial REIT, Inc.'s dividend yield?
Plymouth Industrial REIT, Inc.'s current dividend yield is 4.40% with a payout ratio of 31.3%.
What are Plymouth Industrial REIT, Inc.'s profit margins?
Plymouth Industrial REIT, Inc. has 68.9% gross margin and 18.2% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Plymouth Industrial REIT, Inc. have?
Plymouth Industrial REIT, Inc.'s Debt/EBITDA ratio is 5.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.