Rexford Industrial Realty Inc

Rexford Industrial Realty Inc

REXR · NYSE · Real Estate / REIT - Industrial

37.55USD-0.09 (-0.24%)

Price History

Full chart

Market Stats

Previous Close37.64
Open37.90
Day Range37.42 – 37.98
52-Week Range31.48 – 42.76
Volume1.27M
Market Cap8.57B
P/E (TTM)0.00
Forward P/E18.76
EPS-1.77
Dividend Yield4.64%
Beta1.20
50-Day Avg37.42
200-Day Avg36.79

About

Rexford Industrial Realty, Inc. creates value by investing in, operating and repositioning industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation over the long term. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. As of June 30, 2026, Rexford Industrial's high-quality, irreplaceable portfolio comprised 409 properties with approximately 49.9 million rentable square feet occupied by a stable and diverse tenant base. Rexford Industrial Realty, Inc. was incorporated on January 18th, 2013, and is based in Los Angeles, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Industrial
  • CEOMs. Laura Elizabeth Clark
  • Employees256
  • Headquarters11620 Wilshire Boulevard, Los Angeles, CA, United States, 90025-6821, USA
  • Websitehttps://www.rexfordindustrial.com

Leadership

  • Ms. Laura Elizabeth ClarkCEO & Director · b. 1980
  • Mr. Michael P. FitzmauriceChief Financial Officer · b. 1979
  • Mr. David E. Lanzer J.D.General Counsel & Secretary · b. 1973
  • Mr. John M. NahasChief Operating Officer · b. 1983
  • Ivana PlackoSenior VP & Head of Technology
  • Doug BettisworthSenior Vice President of Investor Relations & Capital Markets
  • Ms. Cassidy EsperSenior Vice President of Marketing & Communications
  • Carlos PuertasSenior Vice President of Human Resources
  • Mr. Víctor J. RamírezExecutive VP & Controller
  • Mr. Carlos SerraExecutive VP of Development & Construction

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue27.74M34.07M44.37M66.58M93.90M126.19M161.35M212.49M267.21M330.13M452.24M631.20M797.83M936.41M1.00B
Growth (%)-+22.82%+30.22%+50.08%+41.03%+34.39%+27.86%+31.69%+25.75%+23.55%+36.99%+39.57%+26.40%+17.37%+7.13%
Cost of Revenue7.66M9.63M12.33M18.38M25.00M33.62M42.14M51.67M63.27M79.72M107.72M150.50M184.48M210.26M227.72M
Gross Profit20.08M24.44M32.04M48.20M68.90M92.57M119.22M160.82M203.94M250.42M344.52M480.70M613.35M726.15M775.41M
Gross Margin72.39%71.73%72.21%72.39%73.38%73.36%73.88%75.68%76.32%75.85%76.18%76.16%76.88%77.55%77.30%
Operating Expense14.97M18.24M9.76M12.17M14.92M18.86M22.06M25.51M30.30M36.80M48.99M64.26M75.03M82.15M394.77M
Operating Income5.11M6.20M22.27M36.03M53.98M73.71M97.15M135.31M173.64M213.62M295.53M416.44M538.32M643.99M380.63M
Operating Margin18.41%18.20%50.21%54.11%57.48%58.41%60.21%63.68%64.98%64.71%65.35%65.98%67.47%68.77%37.94%
EBITDA16.54M18.31M22.72M36.45M54.18M73.63M94.88M129.33M165.56M202.97M279.78M383.67M506.81M614.10M640.59M
EBITDA Margin59.62%53.74%51.20%54.74%57.70%58.35%58.80%60.86%61.96%61.48%61.87%60.78%63.52%65.58%63.86%
Net Income-3.75M-4.25M-4.89M896.00K1.87M25.13M40.71M46.21M61.98M76.40M128.24M167.58M238.02M273.80M212.03M
Net Income Margin-13.53%-12.47%-11.02%1.35%2.00%19.91%25.23%21.75%23.19%23.14%28.36%26.55%29.83%29.24%21.14%
R&D--0000.20.260.220.240.240.30.280.31--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense17.47M17.45M11.16M6.40M8.45M14.85M20.21M25.42M26.88M30.85M40.14M48.50M61.40M98.60M104.90M
Interest Expense % of Total Revenue62.97%51.23%25.15%9.61%9.00%11.77%12.52%11.96%10.06%9.34%8.88%7.68%7.70%10.53%10.46%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets383.21M420.50M554.67M932.78M1.15B1.52B2.11B2.79B3.64B4.95B6.78B9.26B10.93B12.65B12.61B
Total Liabilities315.54M324.25M212.91M386.90M459.51M552.87M746.12M879.26M1.02B1.42B1.71B2.34B2.79B3.92B3.77B
Total Equity-8.51M-12.69M341.77M545.88M693.74M962.14M1.37B1.91B2.62B3.53B5.07B6.92B7.77B8.32B8.46B
Cash20.93M43.50M9.00M8.61M5.20M15.53M6.62M180.60M78.86M176.29M43.99M36.79M33.44M55.97M165.78M
Total Debt297.11M295.50M193.65M360.12M424.69M511.36M687.23M812.45M925.67M1.26B1.45B4.02B2.23B3.35B3.50B
Net Debt276.18M252.00M183.49M348.50M412.95M484.66M662.32M576.77M778.99M1.04B1.36B1.90B2.19B3.29B3.33B

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.35M1.08M13.51M24.50M40.51M56.43M76.65M102.78M139.51M182.99M231.46M327.69M427.55M478.92M542.09M
Investing Cash Flow-42.30M-23.78M-128.34M-380.58M-236.77M-361.21M-606.90M-507.21M-972.74M-987.52M-1.91B-2.45B-1.68B-1.84B-125.06M
Financing Cash Flow51.57M45.27M80.33M355.69M192.86M315.11M521.60M578.17M731.48M903.20M1.55B2.11B1.25B1.38B-307.22M
Capital Expenditure1.32M4.62M3.22M13.96M22.18M31.93M42.31M57.95M47.17M78.77M102.47M135.09M266.56M373.39M333.42M
Free Cash Flow-4.67M-3.54M10.28M10.54M18.33M24.50M34.34M44.82M92.34M104.23M128.99M192.60M160.98M105.53M208.66M
Dividends Paid816.00K2.84M2.10M18.37M27.14M36.04M46.81M65.47M89.49M119.71M151.61M222.87M314.65M379.56M422.52M
FCF to OCF139.44%-327.78%76.13%43.03%45.24%43.42%44.80%43.61%66.19%56.96%55.73%58.77%37.65%22.03%38.49%
Dividend Paid to FCF-17.47%-80.28%20.39%174.22%148.07%147.06%136.32%146.06%96.91%114.85%117.53%115.71%195.46%359.68%202.49%

Earnings

Report DateNov 11, 2013Mar 13, 2014May 12, 2014Aug 7, 2014Nov 3, 2014Feb 27, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 18, 2016May 4, 2016Aug 3, 2016Nov 2, 2016Feb 16, 2017May 3, 2017Aug 1, 2017Oct 31, 2017Feb 13, 2018May 1, 2018Jul 31, 2018Oct 30, 2018Feb 12, 2019Apr 30, 2019Jul 30, 2019Oct 29, 2019Feb 11, 2020May 4, 2020Jul 21, 2020Oct 20, 2020Feb 10, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Feb 9, 2022Apr 19, 2022Jul 20, 2022Oct 19, 2022Feb 8, 2023Apr 19, 2023Jul 19, 2023Oct 18, 2023Feb 6, 2024Apr 17, 2024Jul 17, 2024Oct 16, 2024Feb 4, 2025Apr 16, 2025Jul 16, 2025Oct 15, 2025Feb 4, 2026Apr 23, 2026Jul 23, 2026Oct 21, 2026
EPS Estimate0.010.17-0.05-0.010.060.010.030.080.010.010.020.010.020.050.020.080.020.040.040.080.030.040.030.050.060.040.070.090.080.070.090.090.120.150.200.240.230.220.220.260.270.270.270.270.280.270.280.270.300.190.270.600.60
EPS Actual0.010.170.050.00-0.020.000.010.020.010.020.020.020.040.100.030.020.010.020.030.040.070.130.080.120.090.180.090.100.210.100.190.150.230.230.270.220.210.220.300.260.270.290.270.370.300.270.240.290.250.290.300.63-
Surprise0.00%0.00%200.00%129.00%-133.33%-76.00%-66.67%-75.00%0.00%100.00%0.00%100.00%100.00%100.00%50.00%-75.00%-50.00%-50.00%-25.00%-50.00%133.33%225.00%166.67%140.00%50.00%350.00%28.57%11.11%162.50%42.86%111.11%66.67%91.67%53.33%35.00%-8.33%-8.70%0.00%36.36%0.00%0.00%7.41%0.00%37.04%7.14%0.22%-14.29%7.41%-16.67%52.63%11.11%5.00%-
TimingPre-market-After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap8.57B
Enterprise Value11.89B
Trailing P/E0.00
Forward P/E18.76
PEG Ratio1.88
Price / Sales8.64
Price / Book1.15
EPS-1.77
Book Value33.22
Revenue (TTM)991.92M
Gross Profit (TTM)761.78M
EBITDA677.24M
Profit Margin-39.16%
Operating Margin41.59%
Return on Equity-4.73%
Return on Assets1.98%
Shares Outstanding222.99M
Shares Float220.72M
Beta1.20
Dividend Yield4.64%
Dividend Rate1.74
Payout Ratio118.03%

Analyst Ratings

Buy
Based on 17 analystsTarget 40.31
  • Strong Buy
    5
  • Buy
    2
  • Hold
    9
  • Sell
    1

Ownership Breakdown

Institutions
108.48%
Insiders
0.38%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    38.62M17.32%
  • T. Rowe Price Associates, Inc.
    29.19M13.09%
  • Vanguard Portfolio Management, LLC
    19.85M8.90%
  • Capital Research & Mgmt Co - Division 3
    11.69M5.24%
  • State Street Corp
    11.28M5.06%
  • Principal Financial Group Inc
    11.00M4.94%
  • Vanguard Capital Management, LLC
    10.35M4.64%
  • Massachusetts Financial Services Company
    5.22M2.34%
  • Geode Capital Management, LLC
    4.89M2.19%
  • Charles Schwab Investment Management Inc
    3.47M1.55%
  • Northern Trust Corp
    3.33M1.49%
  • Dimensional Fund Advisors, Inc.
    3.31M1.48%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    8.49M3.81%
  • iShares Core S&P Mid-Cap ETF
    7.84M3.52%
  • Vanguard MStar Total Stk Mkt Idx Invest
    7.19M3.22%
  • Vanguard Small Cap Index
    5.20M2.33%
  • American Funds Fundamental Invs A
    5.17M2.32%
  • BlackRock Equity Dividend Instl
    3.87M1.73%
  • Principal Real Estate Securities R5
    3.64M1.63%
  • Vanguard MStar Small Cap Value Index
    3.30M1.48%

Dividends

20263×
0.43Sep 30, 20260.43Jun 30, 20260.43Mar 31, 2026
20254×
0.43Dec 31, 20250.43Sep 30, 20250.43Jun 30, 20250.43Mar 31, 2025
20244×
0.42Dec 31, 20240.42Sep 30, 20240.42Jun 28, 20240.42Mar 27, 2024
20234×
0.38Dec 28, 20230.38Sep 28, 20230.38Jun 29, 20230.38Mar 30, 2023
20224×
0.32Dec 29, 20220.32Sep 29, 20220.32Jun 29, 20220.32Mar 30, 2022
20214×
0.24Dec 30, 20210.24Sep 29, 20210.24Jun 29, 20210.24Mar 30, 2021
20201×
0.21Dec 30, 2020