Rexford Industrial Realty
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
560.25471.6357.8950.9955.37138.43130.30126.3755.5847.8130.68138.43
Price/Sales ratio
7.539.4111.5212.8612.0418.1817.9824.9814.7514.269.5118.18
Price/Book Value ratio
0.961.311.541.541.361.901.822.361.421.461.041.90
Price/Cash Flow ratio
20.4821.8125.7727.0824.8934.8332.4348.8128.4226.6217.6934.83
Price/Free Cash Flow ratio
47.6048.2259.3560.4657.0852.6256.9587.5948.3670.7091.2757.08
Price/Earnings Growth ratio
-4.9119.710.051.19-7.89-3.668.601.841.272.190.09-7.89
Dividend Yield
3.65%3.07%2.47%2.25%2.55%1.84%2.01%1.34%2.39%2.73%3.23%2.55%
Profitability Indicator Ratios
Gross Profit Margin
72.39%73.37%73.35%73.88%75.68%76.32%75.85%76.18%76.15%76.87%62.67%76.32%
Operating Profit Margin
9.50%12.07%18.45%20.02%25.51%27.97%29.79%31.61%34.55%36.82%38.79%25.51%
Pretax Profit Margin
-1.75%2.07%20.50%25.84%22.15%23.95%24.50%30.12%28.06%31.28%31.87%22.15%
Net Profit Margin
1.34%1.99%19.91%25.23%21.74%13.13%13.79%19.76%26.54%29.83%30.50%21.74%
Effective Tax Rate
-367.94%442.15%65.88%50.85%38.83%45.15%43.68%34.38%27.37%N/A11.31%45.15%
Return on Assets
0.09%0.16%1.65%1.92%1.65%0.96%0.92%1.31%1.80%2.17%2.22%1.65%
Return On Equity
0.17%0.27%2.67%3.03%2.46%1.37%1.40%1.86%2.55%3.06%3.46%2.46%
Return on Capital Employed
0.69%1.01%1.58%1.57%1.99%2.10%2.03%2.16%2.40%3.43%2.93%1.99%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A2.162.74N/AN/AN/A0.782.16
Quick Ratio
1.140.461.000.653.251.432.01-0.000.840.120.781.43
Cash ratio
0.320.140.370.112.700.871.470.240.200.010.130.87
Days of Sales Outstanding
110.2642.2459.4544.0846.6748.5756.4958.5459.77120.59117.8446.67
Days of Inventory outstanding
0.00N/A-60.7321.43-61.95-4.410.00447.96-27.70N/AN/A-61.95
Operating Cycle
110.2642.24-1.2765.52-15.2744.1556.49506.5032.07120.59117.84-15.27
Days of Payables Outstanding
199.61184.41147.49183.0529.21179.4742.2970.10236.44254.91182.7829.21
Cash Conversion Cycle
-89.35-142.17-148.76-117.53-44.49-135.3214.20436.40-204.37-134.32-64.94-135.32
Debt Ratios
Debt Ratio
0.38N/A0.330.310.290.250.240.200.200.200.260.26
Debt Equity Ratio
0.68N/A0.540.490.430.350.370.290.290.280.410.41
Long-term Debt to Capitalization
0.40N/A0.340.330.280.250.270.220.220.220.290.28
Total Debt to Capitalization
0.40N/A0.350.330.300.260.270.220.220.220.290.29
Interest Coverage Ratio
N/AN/AN/AN/AN/A2.683.17N/AN/AN/A4.122.68
Cash Flow to Debt Ratio
0.06N/A0.110.110.120.150.150.160.160.190.140.12
Company Equity Multiplier
1.791.711.611.571.481.421.521.411.411.401.531.48
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.360.430.440.470.480.520.550.510.510.530.520.48
Free Cash Flow / Operating Cash Flow Ratio
0.430.450.430.440.430.660.560.550.580.370.190.66
Cash Flow Coverage Ratio
0.06N/A0.110.110.120.150.150.160.160.190.140.12
Short Term Coverage Ratio
N/AN/A6.18N/A1.942.35113.7390.06N/AN/AN/A2.35
Dividend Payout Ratio
2050.44%1448.07%143.42%114.97%141.67%254.93%262.78%169.58%132.98%130.85%135.69%254.93%