Industrial Logis Financials

ILPT

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Industrial Logis (ILPT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$95.7M

YoY-179.9%

Industrial Logis reported -$95.7M in net income in fiscal year 2024. This represents a decrease of 179.9% from the prior year.

EPS (Diluted)

$-1.46

YoY-179.8%

Industrial Logis earned $-1.46 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 179.8% from the prior year.

Cash & Debt

$131.7M

YoY+348.0%

Industrial Logis held $131.7M in cash against $4.3B in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.04

YoY-97.0%

5Y CAGR-46.7%

Industrial Logis paid $0.04 per share in dividends in fiscal year 2024. This represents a decrease of 97.0% from the prior year.

Shares Outstanding

66M

YoY+1.1%

5Y CAGR+8.0%

Industrial Logis had 66M shares outstanding in fiscal year 2024. This represents an increase of 1.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$312K

YoY-66.2%

Industrial Logis spent $312K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 66.2% from the prior year.

Capital Expenditures

N/A

ILPT Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$30.5M+82.1%	$16.7M+8262.0%	$200K-98.8%	$17.2M+52.0%	$11.3M-32.7%	$16.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$292.5M+721.2%	$35.6M-31.0%	$51.6M+1.5%	$50.8M+216.2%	$16.1M+559.3%	$2.4M
Income Tax	$162K-40.7%	$273K-1.4%	$277K+62.0%	$171K+434.4%	$32K-27.3%	$44K
Net Income	-$95.7M-179.9%	$119.7M+45.8%	$82.1M+56.3%	$52.5M-29.4%	$74.4M-7.1%	$80.1M
EPS (Diluted)	$-1.46-179.8%	$1.83+45.2%	$1.26+55.6%	$0.81	N/A	N/A

Metric	Q3'25	Q4'24	Q3'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$10.6M	N/A	$7.7M	N/A	$9.1M	N/A	$4.7M	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$63.5M	N/A	$72.9M	N/A	$89.7M	N/A	$9.1M	N/A
Income Tax	$31K	N/A	$51K	N/A	$28K	N/A	$72K	N/A
Net Income	-$21.6M	N/A	-$26.1M	N/A	-$45.6M	N/A	$18.3M	N/A
EPS (Diluted)	$-0.33	N/A	$-0.40	N/A	$-0.70	N/A	$0.28	N/A

ILPT Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$5.4B+183.3%	$1.9B-0.4%	$1.9B-22.0%	$2.5B+60.0%	$1.5B+8.7%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$131.7M+348.0%	$29.4M+28.7%	$22.8M-19.6%	$28.4M+195.7%	$9.6M	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$129.2M+70.2%	$75.9M+9.2%	$69.5M+10.7%	$62.8M+10.3%	$56.9M+10.2%	$51.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.4B+405.1%	$870.5M-4.6%	$912.6M-37.5%	$1.5B+188.2%	$506.3M-40.4%	$849.5M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$4.3B+419.3%	$828.1M-4.4%	$866.6M-38.4%	$1.4B+204.3%	$462.2M-42.2%	$799.4M
Total Equity	$562.0M-45.9%	$1.0B+3.5%	$1.0B+0.8%	$995.7M-3.2%	$1.0B+82.9%	$562.2M
Retained Earnings	-$86.5M-125.1%	$343.9M+53.4%	$224.2M+57.7%	$142.2M+58.6%	$89.7M+487.2%	$15.3M

Metric	Q3'25	Q4'24	Q3'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
Total Assets	$5.2B-6.2%	$5.6B-1.3%	$5.6B-0.7%	$5.7B-0.8%	$5.7B+199.7%	$1.9B-6.8%	$2.0B+6.9%	$1.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$83.2M-26.0%	$112.3M+34.9%	$83.3M+72.6%	$48.3M+82.9%	$26.4M-10.3%	$29.4M-33.3%	$44.1M+93.1%	$22.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$130.1M+9.2%	$119.2M+4.8%	$113.7M+6.2%	$107.0M+6.6%	$100.3M+32.2%	$75.9M+2.2%	$74.2M+6.8%	$69.5M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.3B-2.2%	$4.4B-0.3%	$4.4B+1.6%	$4.3B-0.3%	$4.4B+400.6%	$870.5M-17.3%	$1.1B+15.3%	$912.6M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$4.2B-2.5%	$4.3B+0.1%	$4.3B+1.4%	$4.2B0.0%	$4.2B+412.5%	$828.1M-17.2%	$1000.0M+15.4%	$866.6M
Total Equity	$494.1M-57.5%	$1.2B-4.6%	$1.2B-8.5%	$1.3B-2.3%	$1.4B+31.2%	$1.0B+4.2%	$996.0M-0.7%	$1.0B
Retained Earnings	-$150.9M-1740.7%	$9.2M-77.3%	$40.4M-65.5%	$117.2M-20.9%	$148.2M-56.9%	$343.9M+22.5%	$280.7M+25.2%	$224.2M

ILPT Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$2.0M-98.2%	$110.7M-3.4%	$114.6M-1.5%	$116.3M+20.2%	$96.8M-6.5%	$103.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$16.4M-28.2%	$22.9M+605.9%	-$4.5M+99.5%	-$893.4M-559.2%	-$135.5M-2048.8%	-$6.3M
Financing Cash Flow	-$21.6M+83.0%	-$127.0M-4.3%	-$121.8M-115.2%	$802.0M+1558.1%	$48.4M+149.8%	-$97.1M
Dividends Paid	$2.6M-96.9%	$86.2M+0.2%	$86.1M+0.2%	$85.9M+42.1%	$60.5M	$0
Share Buybacks	$312K-66.2%	$922K+141.4%	$382K+51.0%	$253K+386.5%	$52K	$0

Metric	Q3'25	Q4'24	Q3'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
Operating Cash Flow	$11.4M	N/A	$1.2M	N/A	$56.6M	N/A	$29.7M	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$11.7M	N/A	$9.4M	N/A	-$3.4B	N/A	-$789K	N/A
Financing Cash Flow	-$5.5M	N/A	-$6.2M	N/A	$3.8B	N/A	-$25.6M	N/A
Dividends Paid	$661K	N/A	$656K	N/A	$21.6M	N/A	$21.6M	N/A
Share Buybacks	$2K	N/A	$3K	N/A	$0	N/A	$0	N/A

ILPT Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	11.5%+3.4pp	8.2%+2.9pp	5.3%-2.0pp	7.2%-7.0pp	14.2%
Return on Assets	-1.8%-8.0pp	6.3%+2.0pp	4.3%+2.1pp	2.1%-2.7pp	4.9%-0.8pp	5.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.65+6.9	0.80-0.1	0.86-0.5	1.41+1.0	0.45-1.0	1.42
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q4'24	Q3'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	1.8%	N/A
Return on Assets	-0.4%	N/A	-0.5%	N/A	-0.8%	N/A	0.9%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	8.49+4.8	3.71+0.2	3.53+0.3	3.19+0.1	3.12+2.3	0.80-0.2	1.00+0.1	0.86
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Financial Health Signals

Piotroski F-Score Weak

2/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Mixed

-0.02x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

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Frequently Asked Questions

Is Industrial Logis profitable?

No, Industrial Logis (ILPT) reported a net income of -$95.7M in fiscal year 2024.

What is Industrial Logis's earnings per share (EPS)?

Industrial Logis (ILPT) reported diluted earnings per share of $-1.46 for fiscal year 2024. This represents a -179.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Industrial Logis have?

As of fiscal year 2024, Industrial Logis (ILPT) had $131.7M in cash and equivalents against $4.3B in long-term debt.

Does Industrial Logis pay dividends?

Yes, Industrial Logis (ILPT) paid $0.04 per share in dividends during fiscal year 2024.

What is Industrial Logis's operating cash flow?

Industrial Logis (ILPT) generated $2.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Industrial Logis's total assets?

Industrial Logis (ILPT) had $5.4B in total assets as of fiscal year 2024, including both current and long-term assets.

Does Industrial Logis buy back shares?

Yes, Industrial Logis (ILPT) spent $312K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Industrial Logis have outstanding?

Industrial Logis (ILPT) had 66M shares outstanding as of fiscal year 2024.

What is Industrial Logis's debt-to-equity ratio?

Industrial Logis (ILPT) had a debt-to-equity ratio of 7.65 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Industrial Logis's return on assets (ROA)?

Industrial Logis (ILPT) had a return on assets of -1.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Industrial Logis's Piotroski F-Score?

Industrial Logis (ILPT) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are Industrial Logis's earnings high quality?

Industrial Logis (ILPT) has an earnings quality ratio of -0.02x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.