A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the REXR SEC filings page.
REXFORD INDUSTRIAL REALTY, INC. (REXR) reported $991.9M in revenue over the twelve months to Jun 30, 2026, up 0.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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).
The asset-heavy portfolio produces cash differently from reported earnings, while FY2025 distributions exceeded operating cash generation.
The gap between operating cash flow and net income widened from$193M in FY2024 to$322M in FY2025, indicating that non-cash real-estate charges increasingly separated cash production from accounting profit.
With
FY2025 dividends and buybacks totaled
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of REXFORD INDUSTRIAL REALTY, INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. REXFORD INDUSTRIAL REALTY, INC. scores 92/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. REXFORD INDUSTRIAL REALTY, INC. scores 65/100 on it among other REITs.
Not available for REXFORD INDUSTRIAL REALTY, INC., and counted as zero in the overall score.
Not available for REXFORD INDUSTRIAL REALTY, INC., and counted as zero in the overall score.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. REXFORD INDUSTRIAL REALTY, INC. scores 92/100 on it among other REITs.
Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. REXFORD INDUSTRIAL REALTY, INC. scores 57/100 on it among other REITs.
REXFORD INDUSTRIAL REALTY, INC. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, REXFORD INDUSTRIAL REALTY, INC. generates $2.47 in operating cash flow ($542.1M OCF vs $219.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
REXFORD INDUSTRIAL REALTY, INC. generated $245.5M in revenue in Q2 2026. This represents a decrease of 1.6% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.
REXFORD INDUSTRIAL REALTY, INC. reported -$504.1M in net income in Q2 2026. This represents a decrease of 533.4% from the same quarter a year earlier. Against the prior quarter it is down 652.9%.
REXFORD INDUSTRIAL REALTY, INC. earned -$2.26 per diluted share (EPS) in Q2 2026. This represents a decrease of 570.8% from the same quarter a year earlier. Against the prior quarter it is down 694.7%.
Not reported for Q2 2026.
Cash & Balance Sheet
REXFORD INDUSTRIAL REALTY, INC. held $32.2M in cash against $3.3B in long-term debt as of Q2 2026.
REXFORD INDUSTRIAL REALTY, INC. paid $0.43 per share in dividends in Q2 2026. This represents an increase of 1.2% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
REXFORD INDUSTRIAL REALTY, INC.'s ROE was -6.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 8.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.8 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
REXFORD INDUSTRIAL REALTY, INC. spent $100.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 50.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
REXR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $245.5M-1.6% | $245.1M-2.9% | $248.1M+2.1% | $253.2M+4.7% | $249.5M+5.0% | $252.3M+17.8% | $242.9M+15.4% | $241.8M+17.7% |
| SG&A Expenses | $13.7M-30.7% | $14.9M-24.9% | $19.2M-12.5% | $20.0M-4.2% | $19.8M+2.3% | $19.9M-0.6% | $21.9M+9.8% | $20.9M+12.7% |
| Interest Expense | $28.6M+7.0% | $26.6M-2.5% | $25.5M-9.7% | $25.5M-6.9% | $26.7M-6.0% | $27.3M+86.0% | $28.2M+93.4% | $27.3M+71.4% |
| Income Tax | $0 | $0 | N/A | $0 | $0 | $0 | N/A | $0 |
| Net Income | -$504.1M-533.4% | $91.2M+28.1% | -$57.7M-177.6% | $89.9M+32.7% | $116.3M+41.1% | $71.2M+16.0% | $74.3M-2.1% | $67.8M+14.9% |
| EPS (Basic) | -$2.26-570.8% | $0.38+26.7% | -$0.30-215.4% | $0.37+23.3% | $0.48+29.7% | $0.30+11.1% | $0.26-10.3% | $0.30+11.1% |
| EPS (Diluted) | -$2.26-570.8% | $0.38+26.7% | -$0.30-215.4% | $0.37+23.3% | $0.48+29.7% | $0.30+11.1% | $0.26-10.3% | $0.30+11.1% |
| Diluted Shares (Avg) | 224M-5.2% | 228M+0.4% | N/A | 235M+7.1% | 236M+8.6% | 227M+6.0% | N/A | 219M+6.7% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
REXR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.6B-11.0% | $12.4B-5.3% | $12.6B-0.3% | $12.9B+3.5% | $13.1B+5.8% | $13.1B+5.7% | $12.6B+15.7% | $12.4B+17.4% |
| Cash & Equivalents | $32.2M-92.5% | $51.7M-89.8% | $165.8M+196.2% | $249.0M+302.6% | $431.1M+242.9% | $504.6M+49.7% | $56.0M+67.4% | $61.8M-25.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $12.1M-5.7% | $12.0M-32.1% | $14.0M-11.5% | $15.7M-9.2% | $12.9M-27.3% | $17.6M-1.5% | $15.8M-9.8% | $17.3M-8.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.7B-3.7% | $3.8B-3.8% | $3.8B-3.8% | $3.8B-3.7% | $3.9B-1.7% | $3.9B-1.4% | $3.9B+40.8% | $4.0B+44.7% |
| Long-Term Debt | $3.3B-2.5% | $3.2B-3.0% | $3.3B-2.8% | $3.2B-3.0% | $3.3B0.0% | $3.3B0.0% | $3.3B+50.3% | $3.4B+50.4% |
| Total Equity | $7.5B-14.7% | $8.3B-6.2% | $8.5B+1.6% | $8.7B+7.5% | $8.8B+10.1% | $8.8B+9.6% | $8.3B+7.2% | $8.1B+8.0% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.
REXR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $106.8M-16.7% | $141.2M-7.5% | $111.7M-3.9% | $149.6M+17.6% | $128.2M+26.1% | $152.6M+14.1% | $116.3M+0.2% | $127.2M+16.9% |
| Depreciation & Amortization | $73.5M+3.2% | $72.9M-15.9% | $76.8M+6.9% | $81.2M+17.2% | $71.2M+4.8% | $86.7M+30.9% | $71.8M+9.1% | $69.2M+14.5% |
| Stock-Based Compensation | N/A | $4.1M-58.1% | N/A | N/A | N/A | $9.7M+6.7% | N/A | N/A |
| Investing Cash Flow | $84.2M+2038.8% | $59.7M+305.6% | -$53.7M+81.9% | -$38.0M+78.0% | -$4.3M+98.0% | -$29.0M+97.5% | -$296.8M+26.5% | -$172.5M+54.2% |
| Financing Cash Flow | -$210.5M-79.4% | -$314.9M-183.9% | -$206.7M-218.3% | -$358.4M-1828.0% | -$117.3M-17.2% | $375.2M-71.7% | $174.7M-26.5% | -$18.6M-108.6% |
| Dividends Paid | $98.4M-3.1% | $99.6M+5.9% | $100.1M+9.2% | $101.8M+11.9% | $101.6M+11.7% | $94.1M+16.6% | $91.6M+16.8% | $90.9M+19.0% |
| Share Buybacks | $100.1M | $200.1M | $100.0M | $150.1M | $0 | $0 | $0 | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
REXR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | -205.4% | 37.2%+9.0pp | -23.3%-53.8pp | 35.5%+7.5pp | 46.6%+11.9pp | 28.2%-0.5pp | 30.6%-5.5pp | 28.0%-0.7pp |
| Return on Equity | -6.7%-8.0pp | 1.1%+0.3pp | -0.7%-1.6pp | 1.0%+0.2pp | 1.3%+0.3pp | 0.8%0.0pp | 0.9%-0.1pp | 0.8%0.0pp |
| Return on Assets | -4.3%-5.2pp | 0.7%+0.2pp | -0.5%-1.0pp | 0.7%+0.2pp | 0.9%+0.2pp | 0.5%0.0pp | 0.6%-0.1pp | 0.5%0.0pp |
| Debt-to-Equity | 0.43+0.1x | 0.390.0x | 0.380.0x | 0.370.0x | 0.380.0x | 0.380.0x | 0.40+0.1x | 0.42+0.1x |
| Asset Turnover | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| REXFORD INDUSTRIAL REALTY, INC. REXR | FY2025 | $1.0B | $219.8M | 21.9% | $8.2B | 51/100 |
| Lineage, Inc. LINE | FY2025 | $5.4B | -$113.0M | -2.1% | $7.8B | 40/100 |
| EastGroup Properties Inc. EGP | FY2025 | $721.3M | $257.5M | 35.7% | $10.5B | 43/100 |
| CubeSmart CUBE | FY2025 | $1.1B | $331.3M | 29.5% | $8.5B | 41/100 |
| First Industrial Realty Trust, Inc. FR | FY2025 | $727.1M | $247.4M | 34.0% | $7.9B | 48/100 |
| Extra Space Storage, Inc. EXR | FY2025 | $3.4B | $974.0M | 28.8% | $28.4B | 43/100 |
Where REXFORD INDUSTRIAL REALTY, INC. Ranks
Frequently Asked Questions
What is REXFORD INDUSTRIAL REALTY, INC.'s annual revenue?
REXFORD INDUSTRIAL REALTY, INC. (REXR) reported $1.0B in total revenue for fiscal year 2025. This represents a 7.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is REXFORD INDUSTRIAL REALTY, INC.'s revenue growing?
REXFORD INDUSTRIAL REALTY, INC. (REXR) revenue grew by 7.1% year-over-year, from $936.4M to $1.0B in fiscal year 2025.
Is REXFORD INDUSTRIAL REALTY, INC. profitable?
Yes, REXFORD INDUSTRIAL REALTY, INC. (REXR) reported a net income of $219.8M in fiscal year 2025, with a net profit margin of 21.9%.
How much debt does REXFORD INDUSTRIAL REALTY, INC. have?
As of fiscal year 2025, REXFORD INDUSTRIAL REALTY, INC. (REXR) had $165.8M in cash and equivalents against $3.3B in long-term debt.
What is REXFORD INDUSTRIAL REALTY, INC.'s net profit margin?
REXFORD INDUSTRIAL REALTY, INC. (REXR) had a net profit margin of 21.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does REXFORD INDUSTRIAL REALTY, INC. pay dividends?
Yes, REXFORD INDUSTRIAL REALTY, INC. (REXR) paid $1.72 per share in dividends during fiscal year 2025.
What is REXFORD INDUSTRIAL REALTY, INC.'s return on equity (ROE)?
REXFORD INDUSTRIAL REALTY, INC. (REXR) has a return on equity of 2.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is REXFORD INDUSTRIAL REALTY, INC.'s operating cash flow?
REXFORD INDUSTRIAL REALTY, INC. (REXR) generated $542.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are REXFORD INDUSTRIAL REALTY, INC.'s total assets?
REXFORD INDUSTRIAL REALTY, INC. (REXR) had $12.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is REXFORD INDUSTRIAL REALTY, INC.'s debt-to-equity ratio?
REXFORD INDUSTRIAL REALTY, INC. (REXR) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is REXFORD INDUSTRIAL REALTY, INC.'s return on assets (ROA)?
REXFORD INDUSTRIAL REALTY, INC. (REXR) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is REXFORD INDUSTRIAL REALTY, INC.'s P/E ratio?
REXFORD INDUSTRIAL REALTY, INC. (REXR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $8.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is REXFORD INDUSTRIAL REALTY, INC.'s price-to-sales ratio?
REXFORD INDUSTRIAL REALTY, INC. (REXR) trades at 8.3x sales, its market capitalization divided by revenue of $991.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $8.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is REXFORD INDUSTRIAL REALTY, INC.'s Piotroski F-Score?
REXFORD INDUSTRIAL REALTY, INC. (REXR) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are REXFORD INDUSTRIAL REALTY, INC.'s earnings high quality?
REXFORD INDUSTRIAL REALTY, INC. (REXR) has an earnings quality ratio of 2.47x, considered cash-backed (high 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. Learn more in our complete guide to financial health indicators.
How financially healthy is REXFORD INDUSTRIAL REALTY, INC.?
REXFORD INDUSTRIAL REALTY, INC. (REXR) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.