Rexford Industrial Realty REXR

REIT - Specialty, Real Estate

$38.71

+6.70%

Market cap: $8.6B
PE: n/m; a loss over the last year
Forward PE: n/m; not a meaningful number
Price to FFO: 17.9×; its own FFO
Price to sales: 8.7×
EV/EBIT: n/m; a loss over the last year
Revenue, 12 months: $991.9M; +1% on a year ago
Net margin: −39.2%

Rexford Industrial Realty trades at 17.9× its funds from operations, the earnings measure REITs are valued on. Revenue was $991.9M over the last twelve months, up 1% on a year earlier with a −39% net margin.

Charts

Financials

Income statement for REXR, by quarter
Income statement	Q3 FY23	Q4 FY23	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$205.4M+26%	$210.4M+18%	$214.1M+15%	$237.6M+21%	$241.8M+18%	$242.9M+15%	$252.3M+18%	$249.5M+5%	$253.2M+5%	$248.1M+2%	$245.1M−3%	$245.5M−2%
SG&A	$18.6M+24%	$20M+1%	$20M+10%	$19.3M+6%	$20.9M+13%	$21.9M+10%	$19.9M−1%	$19.8M+2%	$20M−4%	$19.2M−13%	$14.9M−25%	$13.7M−31%
Interest expense	$15.9M+7%	$14.6M+7%	$14.7M+7%	$28.4M+65%	$27.3M+71%	$28.2M+93%	$27.3M+86%	$26.7M−6%	$25.5M−7%	$25.5M−10%	$26.6M−3%	$28.6M+7%
Net income	$59M+50%	$64.4M+49%	$61.4M+1%	$82.5M+52%	$67.8M+15%	$62.2M−3%	$71.2M+16%	$116.3M+41%	$89.9M+33%	−$65.4M	$91.2M+28%	−$504.1M
	$0.27+29%	$0.29+32%	$0.27−10%	$0.37+42%	$0.30+11%	$0.27−7%	$0.30+11%	$0.48+30%	$0.37+23%	−$0.30	$0.38+27%	−$2.26
	205.4M+19%	210.4M+14%	214.4M+10%	217.4M+8%	219.1M+7%	222.9M+6%	227.4M+6%	236.1M+9%	234.6M+7%	231.8M+4%	228.3M+0%	223.8M−5%

Revenue: Q1 FY12 and Q1 FY13: 6 months less the 3 months printed beside them.

SG&A: Q1 FY12 and Q1 FY13: 6 months less the 3 months printed beside them.

Interest expense: Q1 FY12 and Q1 FY13: 6 months less the 3 months printed beside them.

Net income: Q1 FY12 and Q1 FY13: 6 months less the 3 months printed beside them.

EPS, diluted: 12 periods, Q4 FY14 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 11 periods, Q4 FY14 to Q4 FY24: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in REIT - Specialty nearest Rexford Industrial Realty's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
REXRRexford Industrial Realty	$8.6B	n/m	67.4×	8.7×	+1%	−39.2%
BRXBrixmor Property	$8.6B	20.0×	19.4×	6.2×	+6%	30.8%
CTRECareTrust REIT	$8.7B	23.0×	33.5×	15.1×	+53%	62.2%
ADCAgree Realty	$8.3B	35.9×	37.0×	10.6×	+18%	28.8%
CUBECubeSmart	$9B	27.7×	35.9×	8.0×	+4%	29.3%
RHPRyman Hospitality Properties	$8.2B	32.0×	21.7×	3.0×	+12%	9.9%
NNNNNN REIT	$8B	20.5×	25.9×	8.4×	+7%	40.4%
FRTFederal Realty Investment Trust	$9.4B	22.0×	32.3×	7.1×	+8%	32.7%
BXPBXP	$9.9B	33.4×	37.3×	2.8×	+2%	8.4%
CPTCamden Property Trust	$10.3B	33.8×	43.2×	n/m	+57%	n/m
FRFirst Industrial Realty Trust	$7.2B	19.9×	24.9×	9.5×	+8%	48.0%
Peer median	$8.6B	25.4×	32.9×	8.0×	+8%	30.8%