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Rexford Industrial Realty, Inc.(REXR)Earnings, Financials & Key Ratios
REXR•NYSE•REIT / Real Estate
$34.34
39.9× P/E·Price updated Jul 7, 2026
AboutRexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.Show more
- Revenue$1B+7.1%
- FFO$528M+1.3%
- FFO/Share2.27-4.9%
- FFO Payout78.15%+4301.6%
- FFO per Share2.27-4.9%
- NOI Margin77.3%-0.3%
- FFO Margin52.63%-5.5%
- ROE2.41%-25.6%
- ROA1.68%-27.7%
REXR Price & Volume
Rexford Industrial Realty, Inc. (REXR) stock price & volume — 10-year historical chart
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Infill Industrial Scarcity Faces Cyclical Revenue Headwinds
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Southern California geographic concentration
Key Thesis Takeaways
- Rexford Industrial Realty maintains a dominant position in the supply-constrained Southern California market, evidenced by a robust 76.8% NOI margin as of 2026Q1.
- However, investors should monitor the recent 2.9% revenue contraction and the fact that dividend payments of $105.8 million currently exceed the $101.1 million in quarterly AFFO.
- While the company's 0.38 debt-to-equity ratio provides a conservative buffer, the high capital intensity required to maintain its infill portfolio may continue to pressure distributable cash flows.
Verdict Logic
while the company holds high-barrier-to-entry assets, the current dividend payout ratio exceeding 100% of the $101.1 million AFFO warrants caution regarding near-term distribution sustainability.
REXR Growth Metrics
Rexford Industrial Realty, Inc. (REXR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years26.73%
5 Years24.89%
3 Years16.7%
TTM1.42%
Profit CAGR
10 Years60.46%
5 Years22.65%
3 Years8.16%
TTM-18.2%
EPS CAGR
10 Years39.87%
5 Years11.02%
3 Years-2.22%
TTM-26.02%
Return on Capital
10 Years5.23%
5 Years4.95%
3 Years4.75%
Last Year3.07%
REXR Recent Earnings
Rexford Industrial Realty, Inc. (REXR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 23, 2026Metric
Actual
Est
EPS
$0.38+42.4%
$0.27
Rev
$242M-0.1%
$242M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$0.59+119.4%
$0.27
Rev
$243M-1.9%
$248M
Q4 2025
Oct 15, 2025Metric
Actual
Est
EPS
$0.60+1.7%
$0.59
Rev
$253M+1.7%
$249M
Q3 2025
Jul 16, 2025Metric
Actual
Est
EPS
$0.59+1.7%
$0.58
Rev
$250M-0.9%
$252M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.38vs $0.27+42.4% | $242Mvs $242M-0.1% |
| Q1 2026 | Feb 4, 2026 | $0.59vs $0.27+119.4% | $243Mvs $248M-1.9% |
| Q4 2025 | Oct 15, 2025 | $0.60vs $0.59+1.7% | $253Mvs $249M+1.7% |
| Q3 2025 | Jul 16, 2025 | $0.59vs $0.58+1.7% | $250Mvs $252M-0.9% |
Based on last 12 quarters of dataView full earnings history →
Latest REXR News
Recent stock market news and headlines for Rexford Industrial Realty, Inc. (REXR)
PRNewsWire·Jun 29, 2026
Rexford Industrial Announces Dates for Second Quarter 2026 Earnings Release and Conference CallLOS ANGELES, June 29, 2026 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced that the Company will release second quarter 2026 financial results after the market closes on Thursday, July 23, 2026. A conference call with senior management will be held on Friday, July 24, 2026 at 11 a.m.
The Motley Fool·Jun 26, 2026
Lineage vs. Rexford Industrial Realty: Which Real Estate Stock Is a Better Buy in 2026?Lineage operates a massive temperature-controlled logistics network across three continents. Rexford Industrial Realty maintains a high-density portfolio focused exclusively on Southern California.
Peers Comparison
Key metrics vs top competitors for Rexford Industrial Realty, Inc. (REXR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $34.34 | $7.95B | 39.93 | 7.13% | 21.14% | 2.41% | 5.17% | |
| $143.61 | $133.89B | 40.57 | 7.18% | 41.54% | 6.46% | — | |
| $214.62 | $11.54B | 44.07 | 12.97% | 39.7% | 8.37% | — | |
| $64.43 | $8.54B | 34.45 | 8.58% | 45.99% | 12.35% | — | |
| $39.12 | $7.48B | 26.79 | 10.14% | 28.26% | 6.8% | — | |
| $56.30 | $3.32B | 30.93 | -2.3% | 27.02% | 4.57% | — |
Compare REXR vs Peers
Rexford Industrial Realty, Inc. (REXR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
REXR SEC Filings & Documents
Rexford Industrial Realty, Inc. (REXR) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 21, 2026·SEC
Material company update
Apr 23, 2026·SEC
Material company update
Feb 26, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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REXR Frequently Asked Questions
Rexford Industrial Realty, Inc. (REXR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Rexford Industrial Realty, Inc.'s revenue?
Rexford Industrial Realty, Inc. (REXR) reported $988.5M in revenue for fiscal year 2025. This represents a 3464% increase from $27.7M in 2011.
How fast is Rexford Industrial Realty, Inc. growing?
Rexford Industrial Realty, Inc. (REXR) grew revenue by 7.1% over the past year. This is steady growth.
Is REXR profitable?
Yes, Rexford Industrial Realty, Inc. (REXR) is profitable, generating $232.0M in net income for fiscal year 2025 (21.1% net margin).
Dividend & Returns
Does REXR pay dividends?
Yes, Rexford Industrial Realty, Inc. (REXR) pays a dividend with a yield of 5.17%. This makes it attractive for income-focused investors.
What is REXR's return on equity?
Rexford Industrial Realty, Inc. (REXR) has a return on equity (ROE) of 2.4%. This is below average, suggesting room for improvement.
Industry Metrics
What is Rexford Industrial Realty, Inc.'s FFO?
Rexford Industrial Realty, Inc. (REXR) generated Funds From Operations (FFO) of $528.3M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Is REXR a good dividend stock?
Rexford Industrial Realty, Inc. (REXR) offers a 5.17% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.