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Plymouth Industrial REIT, Inc.(PLYM)Earnings, Financials & Key Ratios
PLYM•NYSE•REIT / Real Estate
$21.98
7.1× P/E·Price updated Jun 20, 2026
AboutPlymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.Show more
- Revenue$198M-0.7%
- FFO$224M+110.1%
- FFO/Share4.97+103.5%
- FFO Payout19.46%-50.5%
- FFO per Share4.97+103.5%
- NOI Margin68.89%+0.3%
- FFO Margin112.86%+111.7%
- ROE25.92%+859.5%
- ROA9.92%+975.6%
PLYM Price & Volume
Plymouth Industrial REIT, Inc. (PLYM) stock price & volume — 10-year historical chart
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Operational Volatility Challenges Plymouth Industrial REIT Stability
Investment Thesis • Updated 2025Q3
VerdictNegative: The company's inability to generate positive FFO
Growth:Contracting
Profitability:Strained
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Negative FFO and Volatility
Key Thesis Takeaways
- Plymouth Industrial REIT faces significant headwinds as its secondary market portfolio struggles with revenue contraction and extreme FFO volatility, evidenced by a negative $31.0 million FFO in 2025Q3.
- The company's reliance on non-recurring gains to mask core operational weakness, combined with a deteriorating liquidity position of $15.8 million in cash, suggests a high-risk profile for investors.
- Future performance remains contingent on the company's ability to stabilize its aging Class B asset base while managing a debt-to-equity ratio that has climbed to 1.53.
Verdict Logic
which reached negative $31.0 million in 2025Q3, combined with insufficient cash reserves of $15.8 million, presents a substantial risk to dividend sustainability and long-term capital preservation.
PLYM Growth Metrics
Plymouth Industrial REIT, Inc. (PLYM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years53.88%
5 Years21.38%
3 Years12.15%
TTM-4.99%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM7588.9%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM9900%
Return on Capital
10 Years0.91%
5 Years1.55%
3 Years2.05%
Last Year2.76%
PLYM Recent Earnings
Plymouth Industrial REIT, Inc. (PLYM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 5/12 qtrs (45%)
Q1 2026Latest
Feb 25, 2026Metric
Actual
Est
EPS
$0.46+511.5%
$0.11
Rev
—
$51M
Q4 2025
Nov 10, 2025Metric
Actual
Est
EPS
$0.48+2.1%
$0.47
Rev
$51M+1.0%
$51M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.46+7.0%
$0.43
Rev
$47M-4.9%
$50M
Q2 2025
May 1, 2025Metric
Actual
Est
EPS
$0.44-2.2%
$0.45
Rev
$46M-4.4%
$48M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.46vs $0.11+511.5% | —vs $51M |
| Q4 2025 | Nov 10, 2025 | $0.48vs $0.47+2.1% | $51Mvs $51M+1.0% |
| Q3 2025 | Aug 6, 2025 | $0.46vs $0.43+7.0% | $47Mvs $50M-4.9% |
| Q2 2025 | May 1, 2025 | $0.44vs $0.45-2.2% | $46Mvs $48M-4.4% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Plymouth Industrial REIT, Inc. (PLYM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $21.98 | $979.23M | 7.11 | -0.75% | 70.25% | 25.92% | 4.4% | |
| $39.12 | $7.48B | 26.79 | 10.14% | 28.26% | 6.8% | — | |
| $214.62 | $11.54B | 44.07 | 12.97% | 39.7% | 8.37% | — | |
| $8.62 | $574.66M | -8.62 | 1.48% | -11.93% | -5.93% | — | |
| $68.77 | $7.31B | 17.54 | 24.51% | 86.52% | 10.36% | — | |
| $34.34 | $7.95B | 39.93 | 7.13% | 23.47% | 2.6% | — |
Compare PLYM vs Peers
Plymouth Industrial REIT, Inc. (PLYM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PLYM SEC Filings & Documents
Plymouth Industrial REIT, Inc. (PLYM) SEC filings — annual & quarterly reports (10-K, 10-Q)
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PLYM Frequently Asked Questions
Plymouth Industrial REIT, Inc. (PLYM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Plymouth Industrial REIT, Inc.'s revenue?
Plymouth Industrial REIT, Inc. (PLYM) reported $191.5M in revenue for fiscal year 2024.
How fast is Plymouth Industrial REIT, Inc. growing?
Plymouth Industrial REIT, Inc. (PLYM) saw revenue decline by 0.7% over the past year.
Is PLYM profitable?
Yes, Plymouth Industrial REIT, Inc. (PLYM) is profitable, generating $92.8M in net income for fiscal year 2024 (70.2% net margin).
Dividend & Returns
Does PLYM pay dividends?
Yes, Plymouth Industrial REIT, Inc. (PLYM) pays a dividend with a yield of 4.40%. This makes it attractive for income-focused investors.
What is PLYM's return on equity?
Plymouth Industrial REIT, Inc. (PLYM) has a return on equity (ROE) of 25.9%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
What is Plymouth Industrial REIT, Inc.'s FFO?
Plymouth Industrial REIT, Inc. (PLYM) generated Funds From Operations (FFO) of $175.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Is PLYM a good dividend stock?
Plymouth Industrial REIT, Inc. (PLYM) offers a 4.40% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.