Symbols / ILPT Stock $8.61 -2.60% Industrial Logistics Properties Trust

Real Estate • REIT - Industrial • United States • NMS
ILPT (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Industrial
CEO Ms. Yael Duffy
Exch · Country NMS · United States
Market Cap 573.99M
Enterprise Value 5.07B
Income -54.13M
Sales 453.36M
FCF (ttm) 144.38M
Book/sh 7.20
Cash/sh 1.58
Employees —
Insider 10d —
IPO Jan 12, 2018
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 92.31%
P/E —
Forward P/E -9.78
PEG —
P/S 1.27
P/B 1.20
P/C —
EV/EBITDA 16.40
EV/Sales 11.17
Quick Ratio 2.79
Current Ratio 3.78
Debt/Eq 474.50
LT Debt/Eq —
EPS (ttm) -0.81
EPS next Y -0.88
EPS Growth —
Revenue Growth 4.00%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-07-28
Earnings (prior) 2026-04-29
ROA 1.78%
ROE -9.59%
ROIC —
Gross Margin 85.98%
Oper. Margin 34.39%
Profit Margin -11.93%
Shs Outstand 66.67M
Shs Float 56.20M
Insider Own 17.08%
Instit Own 53.57%
Short Float 1.01%
Short Ratio 1.58
Short Interest 659.32K
52W High 9.15
vs 52W High -5.90%
52W Low 3.24
vs 52W Low 165.90%
Beta 2.51
Impl. Vol. 48.67%
Rel Volume 0.91
Avg Volume 417.68K
Volume 379.94K
Target (mean) $9.65
Tgt Median $9.65
Tgt Low $9.30
Tgt High $10.00
# Analysts 2
Recom None
Prev Close $8.84
Price $8.61
Change -2.60%
About

Industrial Logistics Properties Trust is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties. As of March 31, 2026, ILPT's portfolio consisted of 409 properties containing approximately 59.6 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of March 31, 2026, are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group, a leading U.S. alternative asset management company with over 37 billion US dollars in assets under management as of March 31, 2026, and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. Industrial Logistics Properties Trust was incorporated in 2017 in Maryland, USA.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.65
Mean price target
2. Current target
$8.61
Latest analyst target
3. DCF / Fair value
$38.98
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.61
Low
$9.30
High
$10.00
Mean
$9.65

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-03 main Freedom Broker Buy → Buy $7
2024-08-05 main B. Riley Securities Buy → Buy $10
2024-07-03 reit JMP Securities — → Market Perform —
2023-02-21 main B. Riley Securities — → Buy $10
2022-09-30 main B. Riley Securities — → Buy $13
2022-07-25 main RBC Capital — → Sector Perform $12
2022-05-09 main RBC Capital — → Sector Perform $20
2022-03-04 main B. Riley Securities — → Buy $30
2021-11-26 main RBC Capital — → Sector Perform $25
2021-10-20 init Berenberg — → Hold $28
2021-08-03 main RBC Capital — → Sector Perform $28
2021-07-30 main JMP Securities — → Market Outperform $30
2020-11-16 main B of A Securities — → Underperform $20
2020-05-01 main B. Riley Securities — → Buy $27
2019-08-07 down RBC Capital Outperform → Sector Perform $22
2019-01-03 down B of A Securities Neutral → Underperform —
2018-06-22 down B of A Securities Buy → Neutral —
2018-02-06 init B of A Securities — → Buy $25
2018-02-06 init UBS — → Neutral $23
2018-02-06 init JMP Securities — → Outperform $26
News
RSS: Latest ILPT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-22 PHELAN KEVIN C Director — 2,000 $8.87 $17,736
2026-03-18 DUFFY YAEL Chief Executive Officer — 15,625 $0.00 $0
2025-11-21 PHELAN KEVIN C Director — 10,000 $0.00 $0
2025-09-09 PORTNOY ADAM D Director — 40,650 $0.00 $0
2025-09-09 SY TIFFANY R Chief Financial Officer — 13,008 $0.00 $0
2025-09-09 JORDAN MATTHEW P Director — 40,650 $0.00 $0
2025-09-09 DUFFY YAEL President — 24,390 $0.00 $0
2025-07-31 PHELAN KEVIN C Director — 5,000 $5.43 $27,131
2025-05-30 MOREA JOSEPH L Director — 20,000 $3.31 $66,228
2025-05-28 PORTNOY ADAM D Director — 28,875 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
448.85
+1.48%
442.32
+1.14%
437.34
+12.67%
388.15
Operating Revenue
448.85
+1.48%
442.32
+1.14%
437.34
+12.67%
388.15
Cost Of Revenue
61.68
-1.41%
62.56
+4.18%
60.05
+18.63%
50.62
Reconciled Cost Of Revenue
67.57
+0.41%
67.29
+5.83%
63.58
+11.94%
56.80
Gross Profit
387.17
+1.95%
379.76
+0.66%
377.29
+11.78%
337.53
Operating Expense
239.24
-0.72%
240.99
-2.86%
248.08
+10.40%
224.71
Selling General And Administration
36.96
+21.37%
30.45
-2.28%
31.16
-5.21%
32.88
General And Administrative Expense
36.96
+21.37%
30.45
-2.28%
31.16
-5.21%
32.88
Other Gand A
36.96
+21.37%
30.45
-2.28%
31.16
-5.21%
32.88
Other Operating Expenses
37.06
-3.87%
38.55
+0.93%
38.19
+23.78%
30.86
Total Expenses
300.92
-0.87%
303.55
-1.49%
308.14
+11.91%
275.34
Operating Income
147.93
+6.60%
138.77
+7.41%
129.20
+14.53%
112.81
EBITDA
307.34
-4.61%
322.19
+1.72%
316.75
+115.24%
147.16
Normalized EBITDA
319.87
-0.72%
322.19
+2.01%
315.84
+14.25%
276.46
Reconciled Depreciation
159.34
-4.73%
167.26
-4.53%
175.20
+13.17%
154.81
EBIT
142.11
-5.38%
150.20
+8.82%
138.02
+1098.48%
-13.82
Total Unusual Items
-12.53
0.00
-100.00%
0.91
+100.70%
-129.30
Total Unusual Items Excluding Goodwill
-12.53
0.00
-100.00%
0.91
+100.70%
-129.30
Special Income Charges
-11.15
0.00
+100.00%
-0.80
+99.35%
-123.53
Other Special Charges
5.07
—
0.36
-98.38%
22.20
Impairment Of Capital Assets
6.08
0.00
-100.00%
0.16
-99.85%
100.75
Restructuring And Mergern Acquisition
0.00
0.00
-100.00%
0.29
-51.02%
0.59
Net Income
-66.19
+30.82%
-95.67
+11.41%
-107.99
+52.37%
-226.72
Pretax Income
-122.44
+13.98%
-142.34
+5.43%
-150.52
+48.78%
-293.87
Net Non Operating Interest Income Expense
-257.84
+8.28%
-281.11
-0.17%
-280.63
-1.17%
-277.39
Interest Expense Non Operating
264.56
-9.56%
292.54
+1.39%
288.54
+3.03%
280.05
Net Interest Income
-257.84
+8.28%
-281.11
-0.17%
-280.63
-1.17%
-277.39
Interest Expense
264.56
-9.56%
292.54
+1.39%
288.54
+3.03%
280.05
Interest Income Non Operating
6.72
-41.23%
11.43
+44.44%
7.91
+197.07%
2.66
Interest Income
6.72
-41.23%
11.43
+44.44%
7.91
+197.07%
2.66
Other Income Expense
-12.53
—
0.91
+100.70%
-129.30
Gain On Sale Of Security
-1.38
—
1.71
+129.65%
-5.77
Tax Provision
0.10
-35.80%
0.16
+55.77%
0.10
+131.11%
0.04
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-2.63
0.00
-100.00%
0.19
+100.70%
-27.15
Net Income Including Noncontrolling Interests
-102.57
+25.22%
-137.17
+8.38%
-149.72
+47.80%
-286.84
Net Income From Continuing Operation Net Minority Interest
-66.19
+30.82%
-95.67
+11.41%
-107.99
+52.37%
-226.72
Net Income From Continuing And Discontinued Operation
-66.19
+30.82%
-95.67
+11.41%
-107.99
+52.37%
-226.72
Net Income Continuous Operations
-102.57
+25.22%
-137.17
+8.38%
-149.72
+47.80%
-286.84
Minority Interests
36.38
-12.33%
41.50
-0.55%
41.73
-30.59%
60.12
Normalized Income
-56.29
+41.16%
-95.67
+11.99%
-108.71
+12.74%
-124.58
Net Income Common Stockholders
-66.19
+30.82%
-95.68
+11.41%
-108.00
+52.39%
-226.85
Otherunder Preferred Stock Dividend
—
0.01
+10.00%
0.01
-92.37%
0.13
Diluted EPS
-1.00
+31.51%
-1.46
+11.52%
-1.65
+52.45%
-3.47
Basic EPS
-1.00
+31.51%
-1.46
+11.52%
-1.65
+52.45%
-3.47
Basic Average Shares
66.01
+0.47%
65.70
+0.41%
65.43
+0.28%
65.25
Diluted Average Shares
66.01
+0.47%
65.70
+0.41%
65.43
+0.28%
65.25
Diluted NI Availto Com Stockholders
-66.19
+30.82%
-95.68
+11.41%
-108.00
+52.39%
-226.85
Depreciation Amortization Depletion Income Statement
165.23
-3.93%
171.99
-3.77%
178.73
+11.02%
160.98
Depreciation And Amortization In Income Statement
165.23
-3.93%
171.99
-3.77%
178.73
+11.02%
160.98
Earnings From Equity Interest Net Of Tax
19.98
+274.74%
5.33
+491.13%
0.90
-87.26%
7.08
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
5,189.94
-4.00%
5,406.33
-2.83%
5,563.68
-1.98%
5,676.17
Current Assets
319.70
-13.98%
371.64
+1.85%
364.89
+47.26%
247.79
Cash Cash Equivalents And Short Term Investments
94.81
-28.01%
131.71
+17.24%
112.34
+132.78%
48.26
Cash And Cash Equivalents
94.81
-28.01%
131.71
+17.24%
112.34
+132.78%
48.26
Receivables
136.67
+5.81%
129.16
+8.38%
119.17
+11.36%
107.01
Accounts Receivable
136.67
+5.81%
129.16
+8.38%
119.17
+11.36%
107.01
Gross Accounts Receivable
250.87
+7.26%
233.89
+9.56%
213.48
+13.72%
187.72
Allowance For Doubtful Accounts Receivable
-114.20
-9.04%
-104.73
-11.05%
-94.31
-16.85%
-80.71
Restricted Cash
88.22
-20.36%
110.77
-16.95%
133.38
+44.17%
92.52
Total Non Current Assets
4,870.24
-3.27%
5,034.69
-3.16%
5,198.78
-4.23%
5,428.38
Net PPE
164.19
-17.57%
199.19
-18.20%
243.52
-18.13%
297.44
Gross PPE
301.28
-11.45%
340.22
-11.22%
383.20
-7.84%
415.81
Accumulated Depreciation
-137.09
+2.79%
-141.03
-0.97%
-139.68
-18.01%
-118.36
Other Properties
301.28
-11.45%
340.22
-11.22%
383.20
-7.84%
415.81
Investments And Advances
132.75
+13.72%
116.73
+1.19%
115.36
-7.24%
124.36
Long Term Equity Investment
132.75
+13.72%
116.73
+1.19%
115.36
-7.24%
124.36
Non Current Deferred Assets
—
—
—
—
Other Non Current Assets
41.66
-33.10%
62.27
-8.17%
67.80
-34.76%
103.93
Total Liabilities Net Minority Interest
4,289.25
-2.45%
4,397.00
-0.11%
4,401.90
+1.30%
4,345.40
Current Liabilities
84.37
+3.49%
81.53
+5.30%
77.42
-1.21%
78.37
Payables And Accrued Expenses
84.37
+3.49%
81.53
+5.30%
77.42
-1.21%
78.37
Payables
84.37
+3.49%
81.53
+5.30%
77.42
-1.21%
78.37
Accounts Payable
74.57
-2.84%
76.75
+5.93%
72.45
-1.48%
73.55
Current Debt And Capital Lease Obligation
—
—
—
—
Current Debt
—
—
—
—
Current Deferred Liabilities
—
—
—
—
Current Deferred Revenue
—
—
—
—
Total Non Current Liabilities Net Minority Interest
4,204.87
-2.56%
4,315.47
-0.21%
4,324.48
+1.35%
4,267.02
Long Term Debt And Capital Lease Obligation
4,204.87
-2.56%
4,315.47
-0.21%
4,324.48
+1.35%
4,267.02
Long Term Debt
4,193.19
-2.50%
4,300.54
-0.13%
4,305.94
+1.45%
4,244.50
Long Term Capital Lease Obligation
11.68
-21.81%
14.94
-19.41%
18.53
-17.71%
22.52
Other Non Current Liabilities
—
—
—
—
Stockholders Equity
489.70
-12.87%
562.02
-16.11%
669.95
-15.27%
790.72
Common Stock Equity
489.70
-12.87%
562.02
-16.11%
669.95
-15.27%
790.72
Capital Stock
0.67
+0.91%
0.66
+0.46%
0.66
+0.30%
0.66
Common Stock
0.67
+0.91%
0.66
+0.46%
0.66
+0.30%
0.66
Share Issued
66.65
+0.77%
66.14
+0.46%
65.84
+0.42%
65.57
Ordinary Shares Number
66.65
+0.77%
66.14
+0.46%
65.84
+0.42%
65.57
Additional Paid In Capital
1,018.99
+0.16%
1,017.38
+0.16%
1,015.78
+0.16%
1,014.20
Retained Earnings
-152.66
-76.54%
-86.47
-1040.33%
9.20
-92.15%
117.19
Gains Losses Not Affecting Retained Earnings
-0.84
+21.50%
-1.06
-110.47%
10.17
-53.56%
21.90
Minority Interest
411.00
-8.12%
447.31
-9.05%
491.82
-8.93%
540.05
Other Equity Adjustments
-0.84
+21.50%
-1.06
-110.47%
10.17
-53.56%
21.90
Total Equity Gross Minority Interest
900.70
-10.76%
1,009.33
-13.12%
1,161.78
-12.70%
1,330.77
Total Capitalization
4,682.89
-3.69%
4,862.56
-2.28%
4,975.90
-1.18%
5,035.23
Working Capital
235.33
-18.88%
290.12
+0.92%
287.47
+69.68%
169.42
Invested Capital
4,682.89
-3.69%
4,862.56
-2.28%
4,975.90
-1.18%
5,035.23
Total Debt
4,204.87
-2.56%
4,315.47
-0.21%
4,324.48
+1.35%
4,267.02
Net Debt
4,098.38
-1.69%
4,168.83
-0.59%
4,193.60
-0.06%
4,196.24
Capital Lease Obligations
11.68
-21.81%
14.94
-19.41%
18.53
-17.71%
22.52
Net Tangible Assets
489.70
-12.87%
562.02
-16.11%
669.95
-15.27%
790.72
Tangible Book Value
489.70
-12.87%
562.02
-16.11%
669.95
-15.27%
790.72
Duefrom Related Parties Current
—
—
—
—
Dueto Related Parties Current
9.80
+105.32%
4.77
-3.87%
4.97
+2.94%
4.82
Investment Properties
4,531.65
-2.68%
4,656.50
-2.42%
4,772.10
-2.66%
4,902.64
Investmentsin Joint Venturesat Cost
132.75
+13.72%
116.73
+1.19%
115.36
-7.24%
124.36
Line Of Credit
—
—
—
0.00
Other Equity Interest
-376.46
-2.16%
-368.49
-0.72%
-365.85
-0.72%
-363.22
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
60.67
+2990.78%
1.96
-67.60%
6.06
-92.72%
83.25
Cash Flow From Continuing Operating Activities
60.67
+2990.78%
1.96
-67.60%
6.06
-92.72%
83.25
Net Income From Continuing Operations
-102.57
+25.22%
-137.17
+8.38%
-149.72
+47.80%
-286.84
Depreciation Amortization Depletion
159.34
-4.73%
167.26
-4.53%
175.20
+13.17%
154.81
Depreciation
159.34
-4.73%
167.26
-4.53%
175.20
+13.17%
154.81
Depreciation And Amortization
159.34
-4.73%
167.26
-4.53%
175.20
+13.17%
154.81
Other Non Cash Items
30.54
-39.53%
50.51
+20.03%
42.08
-53.43%
90.36
Asset Impairment Charge
6.08
0.00
-100.00%
0.16
-99.85%
100.75
Operating Gains Losses
-47.42
+32.83%
-70.60
-19.32%
-59.17
-383.26%
20.89
Gain Loss On Investment Securities
-32.51
+50.19%
-65.27
-11.33%
-58.62
-1116.38%
5.77
Change In Working Capital
10.74
+189.52%
-12.00
-86.03%
-6.45
-223.91%
-1.99
Change In Receivables
1.96
+357.34%
0.43
-70.21%
1.44
+107.35%
-19.60
Changes In Account Receivables
1.96
+357.34%
0.43
-70.21%
1.44
+107.35%
-19.60
Change In Prepaid Assets
—
—
—
1.39
Change In Payables And Accrued Expense
7.57
+773.22%
-1.12
-154.51%
2.06
-63.66%
5.67
Change In Payable
7.57
+773.22%
-1.12
-154.51%
2.06
-63.66%
5.67
Change In Account Payable
2.54
+372.42%
-0.93
-148.54%
1.92
-36.72%
3.03
Change In Other Working Capital
—
—
—
-1.72
Change In Other Current Assets
1.21
+110.71%
-11.30
-13.58%
-9.95
-183.40%
11.93
Investing Cash Flow
3.96
-75.89%
16.42
-75.76%
67.74
+101.97%
-3,445.87
Cash Flow From Continuing Investing Activities
3.96
-75.89%
16.42
-75.76%
67.74
+101.97%
-3,445.87
Net PPE Purchase And Sale
—
—
0.00
0.00
Sale Of PPE
—
—
0.00
0.00
Net Investment Purchase And Sale
18.88
-14.65%
22.12
-61.14%
56.91
-59.58%
140.79
Purchase Of Investment
-15.01
+65.21%
-43.15
0.00
0.00
Sale Of Investment
33.89
-48.08%
65.27
+14.68%
56.91
-59.58%
140.79
Net Business Purchase And Sale
—
—
0.00
0.00
Net Other Investing Changes
—
—
—
—
Financing Cash Flow
-124.08
-473.75%
-21.63
-169.44%
31.14
-99.10%
3,474.00
Cash Flow From Continuing Financing Activities
-124.08
-473.75%
-21.63
-169.44%
31.14
-99.10%
3,474.00
Net Issuance Payments Of Debt
-98.86
-445.72%
-18.12
-150.91%
35.58
-98.86%
3,134.93
Issuance Of Debt
1,160.00
0.00
-100.00%
91.00
-98.07%
4,723.16
Repayment Of Debt
-1,258.86
-6848.90%
-18.12
+67.31%
-55.42
+96.51%
-1,588.23
Long Term Debt Issuance
1,160.00
0.00
-100.00%
91.00
-98.07%
4,723.16
Long Term Debt Payments
-1,258.86
-6848.90%
-18.12
+67.31%
-55.42
+96.51%
-1,588.23
Net Long Term Debt Issuance
-98.86
-445.72%
-18.12
-150.91%
35.58
-98.86%
3,134.93
Short Term Debt Issuance
—
—
0.00
-100.00%
1,388.16
Short Term Debt Payments
—
—
0.00
+100.00%
-1,570.16
Net Short Term Debt Issuance
—
—
0.00
+100.00%
-182.00
Net Common Stock Issuance
-0.45
-44.55%
-0.31
-91.41%
-0.16
+32.64%
-0.24
Common Stock Payments
-0.45
-44.55%
-0.31
-91.41%
-0.16
+32.64%
-0.24
Common Stock Dividend Paid
-7.97
-202.24%
-2.64
-0.42%
-2.63
+94.09%
-44.48
Cash Dividends Paid
-7.97
-202.24%
-2.64
-0.42%
-2.63
+94.09%
-44.48
Repurchase Of Capital Stock
-0.45
-44.55%
-0.31
-91.41%
-0.16
+32.64%
-0.24
Proceeds From Stock Option Exercised
—
—
0.00
-100.00%
7.74
Net Other Financing Charges
-16.79
-2898.75%
-0.56
+66.02%
-1.65
-100.43%
383.79
Changes In Cash
-59.45
-1733.15%
-3.24
-103.09%
104.94
-5.78%
111.38
Beginning Cash Position
242.48
-1.32%
245.72
+74.54%
140.78
+378.89%
29.40
End Cash Position
183.03
-24.52%
242.48
-1.32%
245.72
+74.54%
140.78
Free Cash Flow
60.67
+2990.78%
1.96
-67.60%
6.06
-92.72%
83.25
Interest Paid Supplemental Data
235.09
-0.86%
237.12
-0.20%
237.59
+32.85%
178.84
Income Tax Paid Supplemental Data
0.00
—
0.09
-62.72%
0.23
Dividend Received CFO
3.96
+0.00%
3.96
+0.00%
3.96
-25.03%
5.28
Dividends Received CFI
0.00
0.00
-100.00%
5.94
-70.97%
20.46
Earnings Losses From Equity Investments
-19.98
-274.74%
-5.33
-491.13%
-0.90
+87.26%
-7.08
Net Investment Properties Purchase And Sale
-14.92
-161.81%
-5.70
-216.64%
4.88
+100.14%
-3,607.12
Purchase Of Investment Properties
-18.64
-227.10%
-5.70
+70.65%
-19.41
+99.46%
-3,607.12
Sale Of Business
—
—
0.00
0.00
Sale Of Investment Properties
3.72
0.00
-100.00%
24.30
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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