ILPT Stock Analysis: Industrial Logistics | NASDAQ
REIT - Industrial | NASDAQ, USA | Market Cap: 597m USD | 12M Return: 97% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.67M
Qual. Beats: 1
Rev. Trend: 93.8%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 8.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Industrial Logistics Properties Trust (ILPT) is a Maryland-incorporated real estate investment trust (REIT) that owns and leases industrial and logistics properties across the United States. As of March 31, 2026, its portfolio comprised 409 properties with approximately 59.6 million rentable square feet located in 39 states, and roughly 77% of its annualized rental revenues were derived from investment grade tenants, their subsidiaries, or Hawaii land leases. As a REIT, ILPT operates under a structure that typically requires distributing the majority of taxable income to shareholders and commonly uses long-term lease arrangements, often on a triple-net basis, with tenants in the industrial sector.
ILPT is externally managed by The RMR Group, an alternative asset manager reporting over $37 billion in assets under management as of March 31, 2026, and 40 years of commercial real estate experience. The company is headquartered in Newton, Massachusetts, trades on NASDAQ under the ticker ILPT, and went public on January 12, 2018.
- Industrial occupancy and rental rates climb on e-commerce demand
- Investment grade tenant mix anchors rental income stability
- Interest rate cuts reshape dividend yield appeal
| Net Income: -54.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.19 > 1.0 |
| NWC/Revenue: 53.10% < 20% (prev -214.5%; Δ 267.6% < -1%) |
| CFO/TA 0.01 > 3% & CFO 65.2m > Net Income -54.1m |
| Net Debt (4.11b) to EBITDA (319.8m): 12.86 < 3 |
| Current Ratio: 3.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (66.2m) vs 12m ago 0.52% < -2% |
| Gross Margin: 10.87% > 18% (prev 86.23%; Δ -75.36% > 0.5%) |
| Asset Turnover: 8.61% > 50% (prev 8.24%; Δ 0.37% > 0%) |
| Interest Coverage Ratio: 0.64 > 6 (EBIT TTM 164.1m / Interest Expense TTM 257.1m) |
| A: 0.05 (Total Current Assets 323.4m - Total Current Liabilities 82.7m) / Total Assets 5.17b |
| B: -0.03 (Retained Earnings -162.1m / Total Assets 5.17b) |
| C: 0.03 (EBIT TTM 164.1m / Avg Total Assets 5.27b) |
| D: 0.11 (Book Value of Equity 479.7m / Total Liabilities 4.28b) |
| Altman-Z'' = 0.53 = B |
| DSRI: 1.02 (Receivables 137.6m/131.5m, Revenue 453.4m/442.0m) |
| GMI: 7.93 (GM 86.23% / 10.87%) |
| AQI: 13.29 (AQ_t 0.91 / AQ_t-1 0.07) |
| SGI: 1.03 (Revenue 453.4m / 442.0m) |
| TATA: -0.02 (NI -54.1m - CFO 65.2m) / TA 5.17b) |
| Beneish M = 10.58 (Cap -4..+1) = D |
As of July 11, 2026, the stock is trading at USD 8.94 with a total of 548,049 shares traded. Over the past week, the price has changed by -0.67%, over one month by +1.71%, over three months by +60.05% and over the past year by +96.96%.
Current recommended Stop Loss: 8.00 (which is 10.5% or 2.6 ATR below the current price).
Industrial Logistics has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold ILPT.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 9.7 | 7.9% |
P/E Forward = 17.4216
P/S = 1.3161
P/B = 1.2507
Revenue TTM = 453.4m USD
EBIT TTM = 164.1m USD
EBITDA TTM = 319.8m USD
Long Term Debt = 4.19b USD (from longTermDebt, last quarter)
Short Term Debt = 1.42b USD (from shortTermDebt, last fiscal year)
Debt = 4.21b USD (from shortLongTermDebtTotal, last quarter) + Leases 11.0m
Net Debt = 4.11b USD (calculated: Debt 4.21b - CCE 99.5m)
Enterprise Value = 4.71b USD (596.7m + Debt 4.21b - CCE 99.5m)
Interest Coverage Ratio = 0.64 (Ebit TTM 164.1m / Interest Expense TTM 257.1m)
EV/FCF = 72.23x (Enterprise Value 4.71b / FCF TTM 65.2m)
FCF Yield = 1.38% (FCF TTM 65.2m / Enterprise Value 4.71b)
FCF Margin = 14.38% (FCF TTM 65.2m / Revenue TTM 453.4m)
Net Margin = -11.93% (Net Income TTM -54.1m / Revenue TTM 453.4m)
Gross Margin = 10.87% ((Revenue TTM 453.4m - Cost of Revenue TTM 404.1m) / Revenue TTM)
Gross Margin QoQ = 77.57% (prev none%)
Tobins Q-Ratio = 0.91 (Enterprise Value 4.71b / Total Assets 5.17b)
Interest Expense / Debt = 6.10% (Interest Expense 257.1m / Debt 4.21b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 129.6m (EBIT 164.1m * (1 - 21.00%))
Current Ratio = 3.91 (Total Current Assets 323.4m / Total Current Liabilities 82.7m)
Debt / Equity = 8.78 (Debt 4.21b / totalStockholderEquity, last quarter 479.7m)
Debt / EBITDA = 12.86 (Net Debt 4.11b / EBITDA 319.8m)
Debt / FCF = 63.07 (Net Debt 4.11b / FCF TTM 65.2m)
Total Stockholder Equity = 495.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.03% (Net Income -54.1m / Total Assets 5.17b)
RoE = -10.91% (Net Income TTM -54.1m / Total Stockholder Equity 495.7m)
RoCE = 3.50% (EBIT 164.1m / Capital Employed (Equity 495.7m + L.T.Debt 4.19b))
RoIC = 2.00% (NOPAT 129.6m / Invested Capital 6.48b)
WACC = 5.28% (E(596.7m)/V(4.81b) * Re(8.48%) + D(4.21b)/V(4.81b) * Rd(6.10%) * (1-Tc(0.21)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 0.42%
[DCF] Terminal Value 77.97% ; FCFF base≈40.7m ; Y1≈46.6m ; Y5≈68.6m
[DCF] Fair Price = N/A (negative equity: EV 1.03b - Net Debt 4.11b = -3.08b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.93 | # QB: 1
Revenue Correlation: 93.85 | Revenue CAGR: 1.56% | SUE: 1.13 | # QB: 2
EPS current Quarter (2026-06-30): EPS=-0.21 | Chg30d=-10.53% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.19 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.72 | Chg30d=+6.49% | Revisions=+25% | GrowthEPS=+28.0% | GrowthRev=+4.4%
EPS next Year (2027-12-31): EPS=-0.64 | Chg30d=+3.03% | Revisions=+25% | GrowthEPS=+11.1% | GrowthRev=+2.2%