Plymouth Industrial REIT, Inc. (PLYM) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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PLYM Revenue Growth
PLYM Revenue Analysis (2013–2024)
As of May 6, 2026, Plymouth Industrial REIT, Inc. (PLYM) generated trailing twelve-month (TTM) revenue of $191.5 million, reflecting slight decline in growth of -1.4% year-over-year. The most recent quarter (Q3 2025) recorded $51.2 million in revenue, up 8.4% sequentially.
Looking at the longer-term picture, PLYM's 5-year compound annual growth rate (CAGR) stands at +21.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $199.8 million in 2023.
When compared to Real Estate sector peers including STAG (+10.0% YoY), EGP (+12.2% YoY), and ILPT (+2.6% YoY), PLYM has underperformed the peer group in terms of revenue growth. Compare PLYM vs STAG →
PLYM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PLYMCurrent | $192M | -1.4% | +21.4% | 18.2% | |
 STAG | $845M | +10.0% | +11.8% | 37.7% | |
 EGP | $721M | +12.2% | +14.7% | 39.9% | |
 ILPT | $449M | +2.6% | +12.0% | 33.0% | |
 TRNO | $476M | +24.5% | +20.6% | 40.3% | |
 REXR | $1.0B | +6.3% | +24.9% | 37.9% |
PLYM Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $198.4M | -0.7% | $136.6M | 68.9% | $36.1M | 18.2% |
| 2023 | $199.8M | +8.9% | $137.3M | 68.7% | $29.5M | 14.8% |
| 2022 | $183.5M | +30.5% | $126.9M | 69.2% | $15.7M | 8.5% |
| 2021 | $140.6M | +28.0% | $93.0M | 66.1% | $9.4M | 6.7% |
| 2020 | $109.9M | +45.9% | $71.7M | 65.3% | $4.9M | 4.5% |
| 2019 | $75.3M | +53.0% | $48.1M | 63.8% | $40.6M | 53.9% |
| 2018 | $49.2M | +98.3% | $31.8M | 64.5% | $-1,052,000 | -2.1% |
| 2017 | $24.8M | +26.2% | $16.6M | 66.9% | $-2,677,000 | -10.8% |
| 2016 | $19.7M | +1.9% | $13.7M | 69.8% | $-1,455,000 | -7.4% |
| 2015 | $19.3M | +624.1% | $13.5M | 70.2% | $-5,369,000 | -27.8% |
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Start ComparisonPLYM — Frequently Asked Questions
Quick answers to the most common questions about buying PLYM stock.
Is PLYM's revenue growth accelerating or slowing?
PLYM revenue growth slowed to -1.4%, below the 5-year CAGR of +21.4%. TTM revenue is $192M. The deceleration marks a shift from historical growth rates.
What is PLYM's long-term revenue growth rate?
Plymouth Industrial REIT, Inc.'s 5-year revenue CAGR of +21.4% reflects the variable expansion pattern. Current YoY growth of -1.4% is near this long-term average.
How is PLYM's revenue distributed by segment?
PLYM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.