12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.0% per year over the past 5 years.
Net income has grown faster than revenue (23.5% vs 7.0% per year).
Financial health
Total debt ($3.3B) exceeds cash ($166M); net debt is $3.1B.
Total debt has grown faster than revenue (21.7% vs 7.0% per year).
Shareholder returns
Dividends have been paid for 12 consecutive years, consuming 180.9% of earnings.
The dividend has grown 32.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$589000
$220M
0.0%
0.0%
—
$3.3B
$166M
2024
$611000
$286M
0.0%
0.0%
—
$3.3B
$56M
2023
$682000
$250M
0.0%
0.0%
—
$2.2B
$33M
2022
$616000
$177M
0.0%
0.0%
—
$1.9B
$37M
2021
$468000
$136M
0.0%
0.0%
—
$1.4B
$44M
2020
$420000
$76M
0.0%
0.0%
—
$1.2B
$176M
2019
$406000
$62M
0.0%
0.0%
—
$858M
$79M
2018
$473000
$46M
0.0%
0.0%
—
$757M
$181M
2017
$493000
$41M
0.0%
0.0%
—
$669M
$7M
2016
—
$25M
—
—
—
$500M
$16M
2015
—
$2M
—
—
—
$418M
$5M
2014
—
$896000
—
—
—
$356M
$9M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$0
$91M
—
—
—
$3.2B
$52M
Dec '25
$197000
-$65M
0.0%
0.0%
—
$3.3B
$166M
Sep '25
$118000
$90M
0.0%
0.0%
—
$3.2B
$249M
Jun '25
$132000
$116M
0.0%
0.0%
—
$3.3B
$431M
Mar '25
$142000
$71M
0.0%
0.0%
—
$3.3B
$505M
Dec '24
$167000
$62M
0.0%
0.0%
—
$3.3B
$56M
Sep '24
$156000
$68M
0.0%
0.0%
—
$3.4B
$62M
Jun '24
$156000
$82M
0.0%
0.0%
—
$3.3B
$126M
Mar '24
$132000
$61M
0.0%
0.0%
—
$3.3B
$337M
Dec '23
$163000
$64M
0.0%
0.0%
—
$2.2B
$33M
Sep '23
$158000
$59M
0.0%
0.0%
—
$2.2B
$83M
Jun '23
$171000
$54M
0.0%
0.0%
—
$2.2B
$136M
Mar '23
$190000
$61M
0.0%
0.0%
—
$2.2B
$254M
Dec '22
$160000
$43M
0.0%
0.0%
—
$1.9B
$37M
Sep '22
$163000
$39M
0.0%
0.0%
—
$1.9B
$37M
Jun '22
$130000
$39M
0.0%
0.0%
—
$1.7B
$34M
Mar '22
$163000
$46M
0.0%
0.0%
—
$1.5B
$49M
Dec '21
$118000
$37M
0.0%
0.0%
—
$1.4B
$44M
Sep '21
$136000
$38M
0.0%
0.0%
—
$1.4B
$60M
Jun '21
$109000
$24M
0.0%
0.0%
—
$1.2B
$64M
Valuation over time
How the market has priced REXR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 76.0× (Mar '23) to 34.4× (Jun '26).
The price-to-sales ratio has fallen from 21851.8× (Mar '23) to 12841.8× (Jun '26).
The dividend yield has risen from 1.5% (Mar '23) to 5.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is REXR growing its revenue and profit?
Over the past 5 years, Rexford Industrial Realty, Inc.'s revenue has grown 7.0% per year, and net income grown 23.5% per year. These are computed facts, not advice.
How much debt does REXR have?
As of FY2025, Rexford Industrial Realty, Inc. reported $3.3B of total debt against $166M of cash.
What is REXR's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 37311.2%.
What is REXR's P/E ratio?
As of Jun '26, Rexford Industrial Realty, Inc. traded at a price-to-earnings ratio of about 34.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.