Industrial Logistics Properties Trust logo ILPT - Industrial Logistics Properties Trust

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 3
SELL 2
STRONG
SELL
0
| PRICE TARGET: $7.40 DETAILS
HIGH: $7.40
LOW: $7.40
MEDIAN: $7.40
CONSENSUS: $7.40
DOWNSIDE: 17.32%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 448.8 442.3 437.3 388.2 219.9 254.6 229.2 162.5 156.5 153.3 147.9
Cost of Revenue 392.1 62.6 60.1 50.6 30.1 54.8 30.4 19.3 17.9 17.2 16.3
Gross Profit 56.7 379.8 377.3 337.5 189.7 199.8 198.9 143.2 138.6 136.1 131.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 37.0 30.5 31.2 32.9 16.7 0.2 17.2 11.3 16.8 9.2 8.7
Other Expenses (128.2) 210.5 216.9 191.8 69.3 0 79.6 41.6 38.2 37.7 33.8
Operating Expenses (91.2) 241.0 248.1 224.7 86 0.2 96.8 52.9 55.0 46.9 42.5
Operating Income
Operating Income 147.9 138.8 129.2 112.8 103.7 199.6 102.1 90.3 82.6 89.2 73.8
Interest Expense 264.6 292.5 288.5 280.1 35.6 51.6 50.8 16.1 2.4 2.3 2.1
Interest Income 6.7 11.4 7.9 2.7 0 0.1 0.7 0.2 0 0 0
Profitability
EBITDA 327.9 322.2 316.7 147.2 165.3 176.7 162.5 119.1 109.9 116.3 99.1
EBIT 162.7 150.2 138.0 (13.8) 114.7 108.3 102.9 90.5 82.6 89.2 73.8
Income Before Tax (102.5) (137.0) (149.6) (286.8) 120.0 81.5 52.7 74.4 80.1 86.9 71.7
Income Tax Expense 0.1 0.2 0.1 0.0 0.3 0.3 0.2 0.0 0.0 0.0 0.0
Net Income (66.2) (95.7) (108.0) (226.7) 119.7 82.1 52.5 74.4 80.1 86.9 71.6
Per Share Data
EPS (Basic) -1.00 -1.46 -1.65 -3.48 1.83 1.26 0.81 1.16 1.23 1.28 1.05
EPS (Diluted) -1.00 -1.46 -1.65 -3.48 1.83 1.26 0.81 1.16 1.23 1.28 1.05
Shares Outstanding 66.0 65.7 65.4 65.2 65.2 65.1 65.0 64.1 65.0 68 68
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Current Assets
Cash & Cash Equivalents 183.0 131.7 112.3 48.3 29.4 22.8 28.4 9.6 (20.4) (22.5) (24.6)
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 136.7 129.2 119.2 107.0 75.9 69.5 64.3 58.3 51.7 47.0 41.4
Inventory 0 0 0 0 0 0 0 0 (1,391.3) (1,399.9) 66.0
Other Current Assets 0 110.8 133.4 92.5 (105.3) 2.7 6.1 0 0 0 0
Total Current Assets 319.7 371.6 364.9 247.8 105.3 95.0 98.8 67.9 51.7 47.0 41.4
Non-Current Assets
Property, Plant & Equipment 4,535.4 199.2 4,776.7 297.4 63.4 1,667.7 2,204.5 75.8 79.1 89.6 100.2
Goodwill 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 164.2 0 12.9 0 0 8.9 10.4 75.8 79.1 89.6 100.2
Long-Term Investments 132.8 116.7 115.4 124.4 143.0 60.6 0 8.6 (1,411.7) (1,422.3) 0
Other Non-Current Assets 37.9 4,718.8 293.8 5,006.6 1,596.8 83.6 141.1 (228.2) 1,201.8 1,196.0 1,201.5
Total Non-Current Assets 4,870.2 5,034.7 5,198.8 5,428.4 1,803.3 1,820.7 2,356.1 1,466.7 1,360.0 1,375.3 1,401.8
Total Assets 5,189.9 5,406.3 5,563.7 5,676.2 1,908.6 1,915.7 2,454.9 1,534.6 1,411.7 1,422.3 1,443.2
Current Liabilities
Account Payables 74.6 76.8 61.0 73.5 27.8 7.8 9.5 12.0 11.1 3.1 2.7
Short-Term Debt 1,419.5 0 21.0 0 182 0 0 0 0 0 0
Deferred Revenue 0 0 (21.0) 0 8.4 0 0 6.0 5.8 6.5 4.4
Other Current Liabilities (91.1) 0 9.7 0 (8.4) 0 0 406.1 (19.9) 0.6 0
Total Current Liabilities 1,419.5 81.5 77.4 78.4 212.0 14.7 16.5 432.7 774.0 16.8 14.3
Non-Current Liabilities
Long-Term Debt 2,789.2 4,300.5 4,285.0 4,244.5 646.1 866.6 1,406.6 462.2 49.4 64.3 89.2
Deferred Tax Liabilities 0 0 0 0 0 0 0 (6.0) (5.8) (6.5) (4.4)
Other Non-Current Liabilities 65.1 0 21.0 0 0 31.3 36.1 7.8 762.8 28.1 10.0
Total Non-Current Liabilities 2,869.7 4,315.5 4,324.5 4,267.0 658.6 897.8 1,442.7 73.6 75.5 92.4 94.8
Total Liabilities 4,289.2 4,397.0 4,401.9 4,345.4 870.5 912.6 1,459.2 506.3 849.5 109.2 109.0
Stockholders' Equity
Common Stock 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.5 1,313.2 1,334.2
Retained Earnings (529.1) (86.5) 9.2 117.2 343.9 0 0 89.7 15.3 0 0
Accumulated Other Comprehensive Income (0.8) (1.1) 10.2 21.9 0 (8.3) (4.3) (52.6) (44.6) (34.4) (23.9)
Total Stockholders' Equity 489.7 562.0 670.0 790.7 1,038.0 1,003.2 995.7 1,028.3 562.2 1,313.2 1,334.2
Total Liabilities & Equity 5,189.9 5,406.3 5,563.7 5,676.2 1,908.6 1,915.7 2,454.9 1,534.6 1,411.7 1,422.3 1,443.2
Debt Metrics
Total Debt 4,224.2 4,315.5 4,324.5 4,267.0 840.6 866.6 1,406.6 480.5 819.8 86.7 89.2
Net Debt 4,041.2 4,183.8 4,212.1 4,218.8 811.2 843.7 1,378.2 470.9 840.2 109.2 113.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Operating Activities
Net Income (102.6) (137.2) (149.7) (286.8) 119.7 81.2 52.5 74.4 80.1 86.9 71.6
Depreciation & Amortization 127.6 167.3 175.2 154.8 49.1 68.4 59.6 27.4 26.2 26.0 24.1
Stock-Based Compensation 0 0 0 2.2 2.3 0 1.1 0.9 0 0 0
Change in Working Capital 10.7 (12.0) (6.4) (2.0) (5.8) (7.5) 4.3 (4.4) 2.0 1.9 (1.9)
Other Non-Cash Items 24.9 (16.1) (13.0) 215.1 (52.3) (27.5) (0.1) (0.6) (4.8) (5.5) (6.4)
Operating Cash Flow 60.7 2.0 6.1 83.3 110.7 114.6 116.3 96.8 103.5 109.3 87.5
Investing Activities
Capital Expenditure (18.6) 0 0 (17.7) (4.9) (5.9) (17.2) (5.0) (6.0) (1.4) (1.5)
Acquisitions 0 0 0 589.4 0.8 106.3 0 (8.6) 0 0 0
Purchases of Investments 0 (43.1) 0 (3,589.4) (134.7) (115.8) (884.6) (130.5) (0.3) 0 (1.5)
Sales/Maturities of Investments 0 65.3 56.9 140.8 162.5 116.9 0 0 0 0 0
Other Investing Activities 4.0 (5.7) 10.8 (569.0) (0.8) (106.0) 8.3 (126.9) (6.3) (1.4) (605.0)
Investing Cash Flow 4.0 16.4 67.7 (3,445.9) 22.9 (4.5) (893.4) (135.5) (6.3) (1.4) (605.0)
Financing Activities
Net Debt Issuance (98.9) (18.1) 35.6 3,134.9 (39) (137.8) 897 (337) (14.3) (0.0) 0
Stock Repurchased (0.5) (0.3) (0.2) (0.2) (0.9) (0.4) (0.3) (0.1) 0 0 0
Dividends Paid (8.0) (2.6) (2.6) (44.5) (86.2) (86.1) (85.9) (69.7) (153.9) (154.1) (145.5)
Other Financing Activities (16.8) (0.6) (1.6) 383.8 (0.8) 102.5 (8.8) 455.1 71.1 46.2 663.0
Financing Cash Flow (124.1) (21.6) 31.1 3,474.0 (127.0) (121.8) 802.0 48.4 (97.1) (107.9) 517.5
Cash Position
Net Change in Cash (59.4) (3.2) 104.9 111.4 6.6 (11.7) 24.9 48.4 0 0 0
Cash at Beginning 242.5 245.7 140.8 29.4 22.8 34.5 9.6 (38.8) 0 0 0
Cash at End 183.0 242.5 245.7 140.8 29.4 22.8 34.5 9.6 0 0 0
Free Cash Flow 42.0 2.0 6.1 65.5 105.7 108.7 99.1 91.8 97.4 107.9 86.0
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 448.8 442.3 437.3 388.2 219.9 254.6 229.2 162.5 156.5 153.3 147.9
Gross Profit 56.7 379.8 377.3 337.5 189.7 199.8 198.9 143.2 138.6 136.1 131.6
Operating Income 147.9 138.8 129.2 112.8 103.7 199.6 102.1 90.3 82.6 89.2 73.8
Net Income (66.2) (95.7) (108.0) (226.7) 119.7 82.1 52.5 74.4 80.1 86.9 71.6
EPS (Diluted) -1.00 -1.46 -1.65 -3.48 1.83 1.26 0.81 1.16 1.23 1.28 1.05
Balance Sheet
Cash & Equivalents 183.0 131.7 112.3 48.3 29.4 22.8 28.4 9.6 (20.4) (22.5) (24.6)
Total Assets 5,189.9 5,406.3 5,563.7 5,676.2 1,908.6 1,915.7 2,454.9 1,534.6 1,411.7 1,422.3 1,443.2
Total Debt 4,224.2 4,315.5 4,324.5 4,267.0 840.6 866.6 1,406.6 480.5 819.8 86.7 89.2
Stockholders' Equity 489.7 562.0 670.0 790.7 1,038.0 1,003.2 995.7 1,028.3 562.2 1,313.2 1,334.2
Cash Flow
Operating Cash Flow 60.7 2.0 6.1 83.3 110.7 114.6 116.3 96.8 103.5 109.3 87.5
Capital Expenditure (18.6) 0 0 (17.7) (4.9) (5.9) (17.2) (5.0) (6.0) (1.4) (1.5)
Free Cash Flow 42.0 2.0 6.1 65.5 105.7 108.7 99.1 91.8 97.4 107.9 86.0