SequelSEC

Rexford Industrial Realty, Inc. REXR

Real Estate Investment Trusts · CIK 0001571283 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$239.10M
Fiscal year ended 2026-09-30
Operating income
Unavailable
Fiscal year ended 2026-09-30
Free cash flow
Unavailable
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$8.40BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$36.23Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income39.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue8.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.0×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

39.6× earnings today, against a median of 56.7× across 10 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$8.40B39.6×
2024-06-30$9.70B35.4×
2023-06-30$10.50B44.1×
2022-06-30$9.80B58.5×
2021-06-30$7.80B60.8×
2020-06-30$5.10B66.8×
2019-06-28$4.42B71.2×
2018-06-30$2.84B61.5×
2017-06-30$1.94B47.6×
2016-06-30$1.38B55.0×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Real Estate Investment Trusts filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
SBC / revenue10.0%97th
Long-term debt / equity0.37x6th
Revenue YoY growth7.1%70th
Net margin21.1%63th

Rexford Industrial Realty, Inc. (REXR) reported revenue of $239.10M and net income of $17.38M for the fiscal year ended 2026-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Rexford Industrial Realty, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.

Income

Rexford Industrial Realty, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Revenue$239.10M$245.51M$245.08M$197.00K$253.24M$249.51M$252.29M$242.90M$241.84M$237.57M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$17.38M-$504.15M$91.19M-$65.42M$89.92M$116.33M$71.20M$62.18M$67.77M$82.48M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 220.51Mshares 223.81Mshares 228.31MUnavailableshares 234.59Mshares 236.10Mshares 227.40MUnavailableshares 219.13Mshares 217.39M
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expense$0$0$0Unavailable$0$0$0Unavailable$0$0
Diluted EPS$0.07$-2.26$0.38Unavailable$0.37$0.48$0.30Unavailable$0.30$0.37
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$13.43M$13.69M$14.92M$19.20M$20.04M$19.75M$19.87M$21.94M$20.93M$19.31M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Rexford Industrial Realty, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash & equivalents$423.59M$32.23M$51.71M$165.78M$248.96M$431.12M$504.58M$55.97M$61.84M$125.71M
Total assets$10.79B$11.63B$12.40B$12.61B$12.85B$13.08B$13.09B$12.65B$12.42B$12.37B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$3.27B$3.74B$3.76B$3.77B$3.81B$3.88B$3.91B$3.92B$3.96B$3.95B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$7.52B$7.89B$8.63B$8.84B$9.04B$9.20B$9.17B$8.73B$8.46B$8.42B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$15.54M$12.13M$11.96M$13.96M$15.73M$12.86M$17.62M$15.77M$17.32M$17.68M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$2.77B$3.26B$3.25B$3.25B$3.25B$3.35B$3.35B$3.35B$3.35B$3.35B
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Rexford Industrial Realty, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Operating cash flow$151.76M$106.79M$141.17M$111.74M$149.63M$128.16M$152.55M$116.26M$127.24M$101.66M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow$1.15B$84.20M$59.71M-$53.68M-$38.00M-$4.34M-$29.04M-$296.83M-$172.53M-$212.83M
Financing cash flow-$911.52M-$210.48M-$314.94M-$206.71M-$358.40M-$117.31M$375.20M$174.71M-$18.59M-$100.08M
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Stock-based compensation$4.64M$778.00K$4.06M$68.76M$11.93M$10.09M$9.70M$11.54M$9.92M$11.06M
Common dividends paid$97.00M$98.44M$99.58M$100.11M$101.78M$101.55M$94.06M$91.64M$90.95M$90.94M
Common share repurchases$308.91M$100.06M$200.11M$100.05M$150.08M$0$0$0UnavailableUnavailable
Depreciation & amortization$74.44M$73.48M$72.93M$76.82M$81.17M$71.19M$86.74M$71.83M$69.24M$67.90M

Derived

Rexford Industrial Realty, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue1.9%0.3%1.7%34904.1%4.7%4.0%3.8%4.8%4.1%4.7%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth-5.6%-1.6%-2.9%-99.9%4.7%5.0%17.8%15.4%17.7%21.4%
Net margin7.3%-205.3%37.2%-33209.6%35.5%46.6%28.2%25.6%28.0%34.7%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity0.37xUnavailableUnavailable0.37xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open REXR in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-27View SEC filing
10-Q · Filed 2026-07-28View SEC filing
10-Q · Filed 2026-04-28View SEC filing
10-K · Filed 2026-02-11View SEC filing
10-Q · Filed 2025-10-20View SEC filing
10-Q · Filed 2025-07-21View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.