FY2025 SEC EDGAR DEF 14A #12 of 18 in industry

Innovative Industrial Properties Inc CEO pay ratio

The CEO earned $6.6M in FY2025 against median worker pay of $245,756 · Real Estate.

Real Estate peers All rankings
State
UT
Filing date
2026-04-22
Industry
Real Estate
Industry rank
#12/18

Data updated August 2026

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CEO-to-worker pay ratio
27:1
Below Average (Scale: 0–1000:1)
CEO pay
$6.6M
Median worker
$245,756

Answer first

Innovative Industrial Properties Inc's FY2025 CEO total of $6.6M ranks #794 of 1,423 complete filings; its 27:1 pay ratio ranks #1154. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $245,756. Industry placement uses the FY2025 SIC-65 peer cohort (# 12 of 18, 39th percentile - below the industry median pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Real Estate companies.

Dollar rank
#794
$6.6M of 1,423 FY2025
Ratio rank
#1154
27:1 of 1,423
Industry pct
39th
below the industry median pay ratio

How Innovative Industrial Properties Inc ranks nationally

Innovative Industrial Properties Inc CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$6,635,412 44th percentile higher than 44% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). This entry sits in this band. $7,500,000–$10,000,000: 192 companies (13%). Above this entry. $10,000,000–$12,500,000: 139 companies (10%). Above this entry. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Innovative Industrial Properties Inc vs. Real Estate peers

CEO total pay ($6.6M) against pay ratio (27:1) for Innovative Industrial Properties Inc (marked) and its 4 closest same-industry peers, against the Real Estate industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both1211880.62632329.34052778.05473226.76893675.410.9:122.2:133.5:144.8:156.0:1CEO total payPay ratio (CEO : median worker)Innovative Industrial Properties Inc, CEO total pay: 6635412 · Pay ratio (CEO : median worker): 27:1Innovative Industrial Properties IncOfferpad Solutions Inc., CEO total pay: 2010000 · Pay ratio (CEO : median worker): 25:1Offerpad Solutions Inc.Tejon Ranch Co, CEO total pay: 1470144 · Pay ratio (CEO : median worker): 24:1Tejon Ranch CoPiedmont Realty Trust, Inc., CEO total pay: 5724108 · Pay ratio (CEO : median worker): 39:1Piedmont Realty Trust, Inc.Curbline Properties Corp., CEO total pay: 3290872 · Pay ratio (CEO : median worker): 13:1Curbline Properties Corp.
Innovative Industrial Properties Inc vs. Real Estate peers, plotted against the industry's $6.0M median CEO total and 54:1 median pay ratio.

Ratio bands among Real Estate peers

Exclusive CEO-to-median-worker bands across 16 complete latest-FY filings in SIC 65. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Innovative Industrial Properties Inc's structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Innovative Industrial Properties Inc

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
27:1
FY2025
vs prior FY
-4:1
from FY2024 31:1
CEO $ YoY
-4.9%
$6.6M latest
Filings shown
5
FY2021–2025
Innovative Industrial Properties Inc CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $11.1M - $179,765 62:1 -
2022 $15.8M +42% $186,168 85:1 +23:1
2023 $7.1M -55% $209,157 34:1 -51:1
2024 $7.0M -1.7% $225,807 31:1 -3:1
2025 $6.6M -4.9% $245,756 27:1 -4:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1677576, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Real Estate

This Company's Ratio
27:1
Industry Median Ratio
54:1
Industry Median CEO Pay
$6.0M
This CEO's Pay
$6.6M
Companies in Industry
18
vs. Industry Median
Below
#12 of 18 by pay ratio in this industry View all companies in Real Estate →

Innovative Industrial Properties Inc: MODEST · HEAVY pay ratio

Innovative Industrial Properties Inc's 27:1 ratio ranks #1154 of 1,423 FY2025 complete filings (lower third by ratio). the CEO earned 27× the median employee ($245,756) in FY2025.

Median employee $245,756 (ELITE-MED); MODEST · HEAVY stamps put about 27 median-wage years per CEO year.

CEO Total Pay

$6.6M

FY2025 Summary Compensation, above median

Pay Ratio

27:1

Below typical

Innovative Industrial Properties Inc in the lower-ratio third

Innovative Industrial Properties Inc's 27:1 ratio ranks #1154 of 1,423 FY2025 complete filings (lower third by ratio). The structured pay-ratio disclosure reports the total without line-item components. Real Estate (SIC 65) median ratio is 54:1 across 18 FY2025 filers; Innovative Industrial Properties Inc's $6.6M CEO total is above the $6.0M industry median CEO pay.

Dollar rank #794 and ratio rank #1154 split - treat 27:1 as a disclosure, not a fairness score. Open Real Estate peers.

Key Data, FY2025

Total Compensation
$6.6M
Median Employee Pay
$245,756
Pay Ratio
27:1
Filing Date
2026-04-22

Company Info

CIK
1677576
Industry
Real Estate
SIC Code
6500
State
UT
View SEC filings →
SEC EDGAR DEF 14A for CIK 1677576, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Innovative Industrial Properties Inc's 27:1 ratio ranks #1154 of 1,423 FY2025 complete filings (lower third by ratio).

Read with Innovative Industrial Properties Inc

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MODEST · HEAVY · ELITE-MED.

LXP Industrial Trust · HEAVY

ABS(ceo_total_comp) peer at $6.6M (Δ $10K heavier vs Innovative Industrial Properties Inc); MODEST · ELITE-MED vs this page's MODEST · HEAVY · ELITE-MED.
Coeur Mining, Inc. · HEAVY

ABS(ceo_total_comp) peer at $6.6M (Δ $11K heavier vs Innovative Industrial Properties Inc); MID · HIGH-MED vs this page's MODEST · HEAVY · ELITE-MED.
Tarsus Pharmaceuticals, Inc. · HEAVY

ABS(ceo_total_comp) peer at $6.6M (Δ $17K lighter vs Innovative Industrial Properties Inc); MODEST · ELITE-MED vs this page's MODEST · HEAVY · ELITE-MED.
OUTFRONT Media Inc. · HEAVY

ABS(ceo_total_comp) peer at $6.6M (Δ $28K lighter vs Innovative Industrial Properties Inc); MODEST · HIGH-MED vs this page's MODEST · HEAVY · ELITE-MED.
Offerpad Solutions Inc. (SIC 65 pole)

Offerpad Solutions Inc. stamps MODEST · MID$ nearest in-SIC by ABS(pay_ratio) to Innovative Industrial Properties Inc's MODEST filing.
National dual ranks · #794/#1154

Innovative Industrial Properties Inc's FY2025 package sits #794 by CEO dollars and #1154 by ratio under HEAVY · MODEST.
Ratio primer · MODEST

Innovative Industrial Properties Inc's MODEST stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for Innovative Industrial Properties Inc (CIK 1677576), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.