Fundamental analysis ILPT (Industrial Logistics Properties Trust)

Updated on 06/08/2026

We analyzed Industrial Logistics Properties Trust stock against the 10 quality criteria of Lubin Investment. The company gets a quality score of 6/10, meaning medium quality, and a P/FCF valuation multiple of 8.8×.

Sector: REIT - Industrial. Listing: US. Current price: 8.55 USD.

Lubin scoring methodology

Industrial Logistics Properties Trust (ILPT)'s score is calculated automatically from 10 objective financial criteria, with no human intervention or opinion. Each criterion is validated (YES / PARTIAL / NO) based on thresholds drawn from the financial literature (Warren Buffett, Bettin-Mauboussin, Aswath Damodaran). The final score is the sum of validations.

The 10 quantitative criteria analyzed

1. Profitable: positive net margin
2. Growing revenue: revenue growing > 10%/year over 5 years
3. Growing earnings per share: FCF per share adjusted for stock-based compensation, > 10%/year over 5 years
4. Share count under control: stable or declining (net buybacks = value creation for shareholders)
5. Cash profitability: free cash flow margin > 10% of revenue
6. Expanding margins: operating margin widens over 5 years (operating leverage)
7. Return on invested capital: Bettin-Mauboussin Cash ROCE > 15% per year
8. Debt under control: net debt repayable in less than 3 years of free cash flow
9. Earnings converted to cash: free cash flow exceeds accounting net income
10. Net collection period: short or negative cash conversion cycle

Frequently asked questions

Is Industrial Logistics Properties Trust a quality stock?

Industrial Logistics Properties Trust gets a quality score of 6/10 (medium quality), calculated over the 10 Lubin Investment criteria: profitability, revenue and free cash flow growth, share buybacks, margins, debt and return on capital.

How is Industrial Logistics Properties Trust's score calculated?

The score is the total of validated criteria (YES / PARTIAL / NO) using thresholds drawn from the financial literature (Warren Buffett, Mauboussin, Aswath Damodaran), automatically and with no human opinion.

What is Industrial Logistics Properties Trust's P/FCF?

The price-to-free-cash-flow (P/FCF) multiple of Industrial Logistics Properties Trust stock is 8.8×. At Lubin Investment, valuation is judged separately from quality.

Where to see Industrial Logistics Properties Trust's full analysis?

The full interactive analysis (10-criteria detail, history, P/FCF valuation, sector comparisons) is available at https://lubin-investment.com/analyse/ILPT?lng=en.

Other stocks in the REIT Industrial sector

• First Industrial Realty Trust (FR) — score 9/10, P/FCF 20.7×
• Eastgroup Properties (EGP) — score 7/10, P/FCF 22.3×
• STAG Industrial (STAG) — score 7/10, P/FCF 15.3×
• SmartStop Self Storage REIT (SMA) — score 7/10, P/FCF 22.8×
• Public Storage (PSA) — score 7/10, P/FCF 17.3×

Go further

👉 See the full interactive analysis of ILPT

Other resources : Detailed methodology · All stocks in the REIT Industrial sector · Stocks rated 10 out of 10 · Top quality companies · Lubin Investment pricing.