Industrial Logistics Properties Trust (ILPT) Stock

Industrial Logistics Properties Trust (ILPT) is a Real Estate stock trading at $8.29 (as of 2026-08-21), with a market capitalization of $553.66M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Industrial Logistics Properties Trust (ILPT) is a real estate investment trust that owns and leases industrial and logistics properties across the United States. It is managed through the operating subsidiary of The RMR Group Inc., an alternative asset management company.

Understand Industrial Logistics Properties Trust: how it makes money

Industrial Logistics Properties Trust (ILPT) is a REIT that owns and leases industrial and logistics properties across the United States, generating income primarily from rent on its leased real estate, and it is managed through the operating subsidiary of The RMR Group.

ILPT’s profit model is primarily driven by rent cash flow from leased industrial and logistics properties, so changes in secured and preserved tenant lease economics (for example, the FedEx secure portfolio and American Tire lease preservation) and leasing activity determine how the income stream holds up or grows.

Business quality (Weak): The company’s disclosed operating focus links income durability to secured and preserved tenant-related annualized revenue, but the latest period shows a deeply negative operating margin, which adds execution and cost-control risk.

Bull case

  • Secured tenant-related revenue supports durability: ILPT discloses FedEx Annualized Revenue Associated with Secure Portfolio (0.09 USD_B), indicating secured or protected economics tied to a major tenant relationship.
  • Lease preservation for another tenant adds stability: ILPT also discloses Annualized Revenue Secured from American Tire Lease Preservation (0.01 USD_B), which points to effort to preserve lease economics.

Bear case

  • Limited incremental growth shown in disclosed leasing activity: In the provided data, several disclosed annualized rental revenue increase measures are 0.0, suggesting limited or flat incremental contribution from leasing activity in this snapshot.
  • Reported profitability is sharply negative in the latest period: ILPT’s operating_margin_pct is -1974.7 for the 2026-03-31 period, which signals major losses and creates uncertainty around the path back to sustainable operations.
Valuation — source: SEC EDGAR (first-party)
Price$8.29
Market Cap$553.66M
EV / EBITDA71.4
Price / Book0.66
DCF Value (model)$38.68
DCF Upside vs Price366.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$11.43M
Net Margin-837.2%
Revenue Growth (YoY)44.4%
EPS Growth (YoY)-11.5%
Valuation vs Sector & Industry
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($31.06M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryTrading
CEOYael Duffy
Employees0
CountryUS
IPO Date2018-01-12

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ILPT earnings history · ILPT institutional & insider holders · ILPT KPIs & operating metrics · ILPT financials · ILPT investor presentations & press releases · ILPT SEC filings · ILPT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.