See more : Catenae Innovation Plc (CTEA.L) Income Statement Analysis – Financial Results
Complete financial analysis of Rexford Industrial Realty, Inc. (REXR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Rexford Industrial Realty, Inc., a leading company in the REIT – Industrial industry within the Real Estate sector.
You may be interested
- MSCI EMU DEFENSIVE SECT NETR EU (RFLL.BO) Income Statement Analysis – Financial Results
- Alembic Pharmaceuticals Limited (APLLTD.NS) Income Statement Analysis – Financial Results
- RIGHT ON Co., Ltd. (7445.T) Income Statement Analysis – Financial Results
- Emerging Markets Horizon Corp. (HORI) Income Statement Analysis – Financial Results
- Plum Acquisition Corp. III (PLMJU) Income Statement Analysis – Financial Results
Rexford Industrial Realty, Inc. (REXR)
About Rexford Industrial Realty, Inc.
Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 797.83M | 631.20M | 452.24M | 330.14M | 267.21M | 212.49M | 161.36M | 126.19M | 93.90M | 66.58M | 44.37M | 34.07M | 27.74M |
| Cost of Revenue | 184.48M | 150.50M | 107.72M | 79.72M | 63.27M | 51.67M | 42.14M | 33.62M | 25.00M | 18.38M | 12.33M | 9.63M | 7.66M |
| Gross Profit | 613.35M | 480.70M | 344.52M | 250.42M | 203.94M | 160.82M | 119.22M | 92.57M | 68.90M | 48.20M | 32.04M | 24.44M | 20.08M |
| Gross Profit Ratio | 76.88% | 76.16% | 76.18% | 75.85% | 76.32% | 75.68% | 73.88% | 73.36% | 73.38% | 72.39% | 72.21% | 71.73% | 72.39% |
| Research & Development | 0.00 | 0.28 | 0.30 | 0.24 | 0.24 | 0.22 | 0.26 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 75.03M | 64.26M | 48.99M | 36.80M | 30.30M | 25.19M | 21.61M | 17.42M | 15.02M | 12.14M | 9.75M | 5.15M | 3.73M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 75.03M | 64.26M | 48.99M | 36.80M | 30.30M | 25.19M | 21.61M | 17.42M | 15.02M | 12.14M | 9.75M | 5.15M | 3.73M |
| Other Expenses | 244.51M | 196.79M | 151.27M | 115.27M | 98.89M | 80.04M | 64.85M | 51.41M | 41.84M | 28.61M | 15.71M | 12.73M | 9.67M |
| Operating Expenses | 319.54M | 261.06M | 200.26M | 152.06M | 129.19M | 105.24M | 86.46M | 68.82M | 56.85M | 40.75M | 25.46M | 17.87M | 13.40M |
| Cost & Expenses | 504.02M | 411.56M | 307.98M | 231.78M | 192.46M | 156.91M | 128.60M | 102.44M | 81.85M | 59.13M | 37.78M | 27.50M | 21.06M |
| Interest Income | 0.00 | 10.00K | 37.00K | 338.00K | 2.56M | 1.38M | 445.00K | 459.00K | 710.00K | 1.12M | 1.08M | 1.58M | 1.58M |
| Interest Expense | 61.40M | 48.50M | 40.14M | 30.85M | 26.88M | 25.42M | 20.21M | 14.85M | 8.45M | 6.40M | 11.16M | 17.45M | 17.47M |
| Depreciation & Amortization | 214.63M | 411.83M | 308.48M | 236.78M | 193.16M | 158.14M | 129.75M | 103.67M | 41.84M | 28.61M | 15.71M | 13.40M | 9.51M |
| EBITDA | 538.32M | 414.88M | 327.65M | 213.62M | 173.64M | 135.63M | 126.76M | 76.61M | 52.44M | 36.03M | 11.62M | 18.31M | 16.54M |
| EBITDA Ratio | 67.47% | 65.73% | 65.06% | 64.71% | 64.98% | 63.83% | 60.50% | 60.71% | 57.48% | 54.11% | 48.39% | 58.97% | 59.62% |
| Operating Income | 293.81M | 218.08M | 142.96M | 98.36M | 74.75M | 54.21M | 32.31M | 23.29M | 11.34M | 6.33M | 5.50M | 4.99M | 5.11M |
| Operating Income Ratio | 36.83% | 34.55% | 31.61% | 29.79% | 27.97% | 25.51% | 20.02% | 18.46% | 12.07% | 9.51% | 12.40% | 14.64% | 18.41% |
| Total Other Income/Expenses | -44.22M | -42.49M | -159.28M | -17.46M | -10.75M | -8.51M | 8.95M | 2.13M | -10.10M | -8.62M | 11.03M | -14.99M | -14.12M |
| Income Before Tax | 249.59M | 177.16M | 136.25M | 80.90M | 64.00M | 47.08M | 41.70M | 25.88M | 1.95M | -1.17M | -9.20M | -9.00M | -7.43M |
| Income Before Tax Ratio | 31.28% | 28.07% | 30.13% | 24.50% | 23.95% | 22.15% | 25.84% | 20.51% | 2.08% | -1.76% | -20.75% | -26.43% | -26.80% |
| Income Tax Expense | 0.00 | 48.50M | 46.85M | 35.34M | 28.90M | 18.28M | 21.21M | 17.05M | 8.62M | 4.31M | 6.02M | 13.46M | 14.13M |
| Net Income | 238.02M | 167.58M | 89.40M | 45.55M | 35.10M | 46.21M | 40.71M | 25.13M | 1.87M | 896.00K | -4.89M | -4.89M | -3.75M |
| Net Income Ratio | 29.83% | 26.55% | 19.77% | 13.80% | 13.14% | 21.75% | 25.23% | 19.91% | 2.00% | 1.35% | -11.02% | -14.36% | -13.53% |
| EPS | 1.12 | 0.92 | 0.64 | 0.38 | 0.33 | 0.53 | 0.57 | 0.40 | 0.03 | 0.03 | -0.20 | -0.19 | -0.15 |
| EPS Diluted | 1.12 | 0.92 | 0.64 | 0.38 | 0.33 | 0.53 | 0.57 | 0.40 | 0.03 | 0.03 | -0.19 | -0.19 | -0.15 |
| Weighted Avg Shares Out | 202.88M | 170.47M | 139.29M | 120.87M | 106.41M | 86.82M | 71.20M | 62.72M | 54.02M | 31.95M | 24.93M | 25.23M | 25.23M |
| Weighted Avg Shares Out (Dil) | 203.11M | 170.98M | 140.08M | 121.18M | 106.80M | 87.34M | 71.60M | 62.97M | 54.02M | 31.95M | 25.56M | 25.23M | 25.23M |
1 Monster Dividend Stock to Buy Before Realty Income
It's been a bigger winner and grown its dividend a lot faster.
Rexford Sees Solid Demand, Leases 275,000 Square Feet in Ontario
REXR's lease-up of the value-add-repositioned project to a third-party logistics provider reflects the solid demand for its properties.
Rexford Industrial Announces Lease-Up of 275,000-Square-Foot, Value-Add-Repositioned Project
LOS ANGELES , Sept. 9, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California,...
3 Stocks & 1 ETF I'm Buying As Defensive Stocks Soar
US manufacturing is in a recession, exacerbated by tariffs and global supply chain disruptions, with consumer spending and global demand also weakening. The labor market is softening, with job openings and hiring slowing, but layoffs remain stable, indicating potential recession...
My Top 3 REITs For The Real Estate Comeback
Real estate is back, with major ETFs up over 20%. While valuations are up, CRE fundamentals show both stabilization and ongoing challenges. The industrial and retail sectors show promise, driven by strong demand and favorable trends. Office spaces, however, remain...
10 SWANs For The Next Black Swan
I focus on bottom-up analysis, identifying companies with strong operational performance and balance sheets that can weather Black Swan events, regardless of stock market fluctuations. Realty Income, Agree Realty, NNN REIT, Regency Centers, Kimco Realty, Mid-America Apartment, Camden Property Trust,...
Rexford Industrial to Present at Upcoming Industry Conferences
LOS ANGELES , Sept. 5, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California,...
2 Top Dividend Stocks I Plan to Buy Even More of This September
Dividend growth stocks have historically produced high total returns. Brookfield Renewable has grown its dividend by at least 5% annually for 13 straight years.
If I Had To Retire Today With 10 REITs - Part 2
I recommend a diversified 10-stock REIT portfolio trading at a discount, focusing on resilient sectors like manufactured housing, cell towers, and gaming. Rexford Industrial is a Strong Buy due to its solid earnings, robust dividend growth, and significant liquidity, promising...
Rexford Industrial: A Great Bargain With Up To 6.4% Yield
Rexford Industrial offers a compelling blend of income and growth, driven by its unique focus on the high-barrier Southern California market. REXR demonstrates strong operational performance with high NOI growth and lease spreads, and a well-covered dividend. The stock is...
Source: https://incomestatements.info
Category: Stock Reports