What is Rexford Indl Rlty Inc's earnings per share (EPS)?

Rexford Indl Rlty Inc (REXR) reported diluted earnings per share of $0.86 for fiscal year 2025. This represents a -28.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Rexford Indl Rlty Inc Financials

REXR

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Rexford Indl Rlty Inc (REXR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI REXR FY2025 2026-04-28

After years of externally funded asset growth, cash generation began carrying more of the business than reported earnings.

From FY2024 to FY2025, operating cash flow rose from $479M to $542M. Net income moved the opposite way, from $286M to $220M, which suggests recently added properties were converting into cash even as interest expense and depreciation absorbed more of that benefit in reported profit.

The sharpest shift is capital deployment: investing cash outflow shrank from -$1.84B to -$125M in FY2025. Because financing cash flow also turned negative, the company looked less like an acquisition-and-build cycle and more like a portfolio digesting prior expansion and relying on internal cash generation; more of the year's progress had to come from the existing asset base.

Dividends paid were $397M against operating cash flow of $542M, so the payout was supported by the year's cash generation rather than fresh external funding. That matters because cash coverage of the dividend held up even while earnings coverage weakened, which is a more useful operating signal than EPS alone for an asset-heavy balance sheet.

Financial Health Signals

Financial Profile 28/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Rexford Indl Rlty Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Rexford Indl Rlty Inc's revenue grew 7.1% year-over-year to $1.0B, a solid pace of expansion. This earns a growth score of 54/100.

Leverage

Rexford Indl Rlty Inc carries a low D/E ratio of 0.38, meaning only $0.38 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.

Returns

Rexford Indl Rlty Inc generates a 2.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is down from 3.4% the prior year.

Piotroski F-Score Neutral

5/9

Rexford Indl Rlty Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.47x

For every $1 of reported earnings, Rexford Indl Rlty Inc generates $2.47 in operating cash flow ($542.1M OCF vs $219.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.0B

YoY+7.1%

5Y CAGR+24.9%

10Y CAGR+26.7%

Rexford Indl Rlty Inc generated $1.0B in revenue in fiscal year 2025. This represents an increase of 7.1% from the prior year.

EBITDA

N/A

Net Income

$219.8M

YoY-23.1%

5Y CAGR+23.5%

10Y CAGR+61.0%

Rexford Indl Rlty Inc reported $219.8M in net income in fiscal year 2025. This represents a decrease of 23.1% from the prior year.

EPS (Diluted)

$0.86

YoY-28.3%

5Y CAGR+11.0%

10Y CAGR+39.9%

Rexford Indl Rlty Inc earned $0.86 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 28.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$165.8M

YoY+196.2%

5Y CAGR-1.2%

10Y CAGR+41.4%

Rexford Indl Rlty Inc held $165.8M in cash against $3.3B in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.72

YoY+3.0%

5Y CAGR+14.9%

Rexford Indl Rlty Inc paid $1.72 per share in dividends in fiscal year 2025. This represents an increase of 3.0% from the prior year.

Shares Outstanding

232M

YoY+1.7%

5Y CAGR+12.0%

10Y CAGR+15.3%

Rexford Indl Rlty Inc had 232M shares outstanding in fiscal year 2025. This represents an increase of 1.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

21.9%

YoY-8.6pp

5Y CAGR-1.2pp

10Y CAGR+19.9pp

Rexford Indl Rlty Inc's net profit margin was 21.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 8.6 percentage points from the prior year.

Return on Equity

2.6%

YoY-0.8pp

5Y CAGR+0.2pp

10Y CAGR+2.3pp

Rexford Indl Rlty Inc's ROE was 2.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$250.1M

10Y CAGR+105.0%

Rexford Indl Rlty Inc spent $250.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

REXR Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.0B+7.1%	$936.4M+17.4%	$797.8M+26.4%	$631.2M+39.6%	$452.2M+37.0%	$330.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$78.9M-4.0%	$82.2M+9.5%	$75.0M+16.7%	$64.3M+31.2%	$49.0M+33.1%	$36.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$104.9M+6.4%	$98.6M+60.6%	$61.4M+26.6%	$48.5M+20.8%	$40.1M+30.1%	$30.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$219.8M-23.1%	$285.9M+14.6%	$249.6M+40.9%	$177.2M+30.0%	$136.2M+78.3%	$76.4M
EPS (Diluted)	$0.86-28.3%	$1.20+7.1%	$1.12+21.7%	$0.92+15.0%	$0.80+56.9%	$0.51

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$245.1M-1.2%	$248.1M-2.0%	$253.2M+1.5%	$249.5M-1.1%	$252.3M+3.9%	$242.9M+0.4%	$241.8M+1.8%	$237.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$14.9M-22.3%	$19.2M-4.2%	$20.0M+1.4%	$19.8M-0.6%	$19.9M-9.4%	$21.9M+4.8%	$20.9M+8.4%	$19.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$26.6M+4.5%	$25.5M0.0%	$25.5M-4.6%	$26.7M-2.2%	$27.3M-3.1%	$28.2M+3.0%	$27.3M-3.8%	$28.4M
Income Tax	$0	N/A	$0	$0	$0	N/A	$0	$0
Net Income	$91.2M+258.1%	-$57.7M-164.2%	$89.9M-22.7%	$116.3M+63.4%	$71.2M-4.2%	$74.3M+9.6%	$67.8M-17.8%	$82.5M
EPS (Diluted)	$0.38	N/A	$0.37-22.9%	$0.48+60.0%	$0.30	N/A	$0.30-18.9%	$0.37

REXR Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$12.6B-0.3%	$12.6B+15.7%	$10.9B+18.0%	$9.3B+36.5%	$6.8B+37.0%	$5.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$165.8M+196.2%	$56.0M+67.4%	$33.4M-9.1%	$36.8M-16.4%	$44.0M-75.0%	$176.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$14.0M-11.5%	$15.8M-9.8%	$17.5M+14.9%	$15.2M+38.1%	$11.0M+8.0%	$10.2M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.8B-3.8%	$3.9B+40.8%	$2.8B+19.3%	$2.3B+36.3%	$1.7B+20.6%	$1.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$3.3B-2.8%	$3.3B+50.3%	$2.2B+15.0%	$1.9B+38.4%	$1.4B+15.1%	$1.2B
Total Equity	$8.5B+1.6%	$8.3B+7.2%	$7.8B+18.5%	$6.6B+37.0%	$4.8B+47.4%	$3.2B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$12.4B-1.7%	$12.6B-1.9%	$12.9B-1.7%	$13.1B0.0%	$13.1B+3.5%	$12.6B+1.8%	$12.4B+0.4%	$12.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$51.7M-68.8%	$165.8M-33.4%	$249.0M-42.3%	$431.1M-14.6%	$504.6M+801.5%	$56.0M-9.5%	$61.8M-50.8%	$125.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$12.0M-14.3%	$14.0M-11.2%	$15.7M+22.3%	$12.9M-27.0%	$17.6M+11.7%	$15.8M-8.9%	$17.3M-2.1%	$17.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.8B-0.3%	$3.8B-0.9%	$3.8B-2.0%	$3.9B-0.7%	$3.9B-0.3%	$3.9B-0.8%	$4.0B+0.1%	$4.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$3.2B-0.1%	$3.3B+0.1%	$3.2B-2.9%	$3.3B0.0%	$3.3B+0.1%	$3.3B-0.1%	$3.4B0.0%	$3.3B
Total Equity	$8.3B-2.4%	$8.5B-2.5%	$8.7B-1.8%	$8.8B+0.4%	$8.8B+5.8%	$8.3B+3.1%	$8.1B+0.6%	$8.0B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

REXR Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$542.1M+13.2%	$478.9M+12.0%	$427.5M+30.5%	$327.7M+41.6%	$231.5M+26.5%	$183.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$125.1M+93.2%	-$1.8B-9.5%	-$1.7B+31.6%	-$2.4B-28.0%	-$1.9B-93.7%	-$987.5M
Financing Cash Flow	-$307.2M-122.3%	$1.4B+10.8%	$1.2B-41.1%	$2.1B+36.6%	$1.5B+71.4%	$903.2M
Dividends Paid	$397.5M+12.2%	$354.2M+21.8%	$290.7M+44.0%	$201.9M+55.6%	$129.8M+30.7%	$99.3M
Share Buybacks	$250.1M	$0	$0	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$141.2M+26.3%	$111.7M-25.3%	$149.6M+16.8%	$128.2M-16.0%	$152.6M+31.2%	$116.3M-8.6%	$127.2M+25.2%	$101.7M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$59.7M+211.2%	-$53.7M-41.3%	-$38.0M-774.9%	-$4.3M+85.0%	-$29.0M+90.2%	-$296.8M-72.0%	-$172.5M+18.9%	-$212.8M
Financing Cash Flow	-$314.9M-52.4%	-$206.7M+42.3%	-$358.4M-205.5%	-$117.3M-131.3%	$375.2M+114.8%	$174.7M+1039.9%	-$18.6M+81.4%	-$100.1M
Dividends Paid	$99.6M-0.5%	$100.1M-1.6%	$101.8M+0.2%	$101.6M+8.0%	$94.1M+2.6%	$91.6M+0.8%	$90.9M0.0%	$90.9M
Share Buybacks	$200.1M+100.0%	$100.0M	N/A	N/A	$0	$0	N/A	N/A

REXR Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	21.9%-8.6pp	30.5%-0.8pp	31.3%+3.2pp	28.1%-2.1pp	30.1%+7.0pp	23.1%
Return on Equity	2.6%-0.8pp	3.4%+0.2pp	3.2%+0.5pp	2.7%-0.2pp	2.9%+0.5pp	2.4%
Return on Assets	1.7%-0.5pp	2.3%-0.0pp	2.3%+0.4pp	1.9%-0.1pp	2.0%+0.5pp	1.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.38-0.0	0.40+0.1	0.290.0	0.300.0	0.29-0.1	0.37
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	37.2%+60.5pp	-23.3%-58.8pp	35.5%-11.1pp	46.6%+18.4pp	28.2%-2.4pp	30.6%+2.6pp	28.0%-6.7pp	34.7%
Return on Equity	1.1%+1.8pp	-0.7%-1.7pp	1.0%-0.3pp	1.3%+0.5pp	0.8%-0.1pp	0.9%+0.1pp	0.8%-0.2pp	1.0%
Return on Assets	0.7%+1.2pp	-0.5%-1.2pp	0.7%-0.2pp	0.9%+0.3pp	0.5%-0.0pp	0.6%+0.0pp	0.5%-0.1pp	0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.390.0	0.380.0	0.370.0	0.380.0	0.38-0.0	0.40-0.0	0.420.0	0.42
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Rexford Indl Rlty Inc's annual revenue?

Rexford Indl Rlty Inc (REXR) reported $1.0B in total revenue for fiscal year 2025. This represents a 7.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Rexford Indl Rlty Inc's revenue growing?

Rexford Indl Rlty Inc (REXR) revenue grew by 7.1% year-over-year, from $936.4M to $1.0B in fiscal year 2025.

Is Rexford Indl Rlty Inc profitable?

Yes, Rexford Indl Rlty Inc (REXR) reported a net income of $219.8M in fiscal year 2025, with a net profit margin of 21.9%.

How much debt does Rexford Indl Rlty Inc have?

As of fiscal year 2025, Rexford Indl Rlty Inc (REXR) had $165.8M in cash and equivalents against $3.3B in long-term debt.

What is Rexford Indl Rlty Inc's net profit margin?

Rexford Indl Rlty Inc (REXR) had a net profit margin of 21.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Rexford Indl Rlty Inc pay dividends?

Yes, Rexford Indl Rlty Inc (REXR) paid $1.72 per share in dividends during fiscal year 2025.

What is Rexford Indl Rlty Inc's return on equity (ROE)?

Rexford Indl Rlty Inc (REXR) has a return on equity of 2.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Rexford Indl Rlty Inc's operating cash flow?

Rexford Indl Rlty Inc (REXR) generated $542.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Rexford Indl Rlty Inc's total assets?

Rexford Indl Rlty Inc (REXR) had $12.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Rexford Indl Rlty Inc buy back shares?

Yes, Rexford Indl Rlty Inc (REXR) spent $250.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Rexford Indl Rlty Inc have outstanding?

Rexford Indl Rlty Inc (REXR) had 232M shares outstanding as of fiscal year 2025.

What is Rexford Indl Rlty Inc's debt-to-equity ratio?

Rexford Indl Rlty Inc (REXR) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Rexford Indl Rlty Inc's return on assets (ROA)?

Rexford Indl Rlty Inc (REXR) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Rexford Indl Rlty Inc's Piotroski F-Score?

Rexford Indl Rlty Inc (REXR) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Rexford Indl Rlty Inc's earnings high quality?

Rexford Indl Rlty Inc (REXR) has an earnings quality ratio of 2.47x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Rexford Indl Rlty Inc?

Rexford Indl Rlty Inc (REXR) scores 28 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.