Rexford Industrial Realty, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $936.4M | $797.8M | $631.2M | $452.2M | $330.1M | $267.2M | $212.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $78.9M | $82.2M | $75.0M | $64.3M | $49.0M | $36.8M | $30.3M | $25.2M |
| Operating Income | $380.6M | $368.7M | $293.8M | $219.6M | $144.3M | $98.4M | $74.8M | $55.6M |
| Operating Margin | 37.9% | 39.4% | 36.8% | 34.8% | 31.9% | 29.8% | 28.0% | 26.2% |
| Interest Expense | — | $98.6M | $61.4M | $48.5M | $40.1M | $30.8M | $26.9M | $25.4M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $212.0M | $273.8M | $238.0M | $167.6M | $128.2M | $76.4M | $62.0M | $46.2M |
| Net Margin | 21.1% | 29.2% | 29.8% | 26.5% | 28.4% | 23.1% | 23.2% | 21.7% |
| EPS (Basic) | $0.86 | $1.20 | $1.12 | $0.92 | $0.80 | $0.51 | $0.47 | $0.42 |
| EPS (Diluted) | $0.86 | $1.20 | $1.12 | $0.92 | $0.80 | $0.51 | $0.47 | $0.41 |
| Shares Outstanding (Basic) | 232.5M | 218.3M | 202.9M | 170.5M | 139.3M | 120.9M | 106.4M | 86.8M |
| Shares Outstanding (Diluted) | 232.6M | 218.5M | 203.1M | 171.0M | 140.1M | 121.2M | 106.8M | 87.3M |
| Dividends Per Share | $1.72 | $1.67 | $1.52 | $1.26 | $0.96 | $0.86 | $0.74 | $0.64 |