Industrial Logistics Properties Trust(ILPT)Stock Analysis
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This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
ILPT Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Industrial Logistics Properties Trust (ILPT), a Real Estate sector company. ILPT is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Industrial Logistics Properties Trust reports net income of $-9.4M, free cash flow of $15.9M. Top institutional holders of ILPT by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, CastleKnight Management, based on the most recent SEC filings. ILPT trades on the Nasdaq exchange and files with the SEC under CIK 1717307. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ILPT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Industrial Logistics Properties Trust directly from SEC EDGAR.
Net Income
Q1 2026
$-9.4M
Free Cash Flow
Q1 2026
$15.9M
ROIC
Q1 2026
-0.4%
D/E Ratio
Q1 2026
8.73
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+1.1% YoYNet Income
+11.4% YoYEPS (Diluted)
+11.5% YoYTotal Assets
-2.8% YoYTotal Debt
-0.1% YoYOp. Cash Flow
-67.6% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $442.3M +1.1% | $437.3M +12.7% | $388.2M +76.5% | $219.9M -13.6% | $254.6M +11.1% | $229.2M |
| Net Income | $-95.7M +11.4% | $-108.0M +52.4% | $-226.7M -289.4% | $119.7M +45.8% | $82.1M +56.3% | $52.5M |
| EPS (Diluted) | $-1.46 +11.5% | $-1.65 +52.4% | $-3.47 -289.6% | $1.83 +45.2% | $1.26 +55.6% | $0.81 |
| Total Assets | $5.41B -2.8% | $5.56B -2.0% | $5.68B +197.4% | $1.91B -0.4% | $1.92B -22.0% | $2.45B |
| Total Debt | $4.30B -0.1% | $4.31B +1.4% | $4.24B +412.5% | $828.1M -4.4% | $866.6M -38.4% | $1.41B |
| Operating Cash Flow | $2.0M -67.6% | $6.1M -92.7% | $83.3M -24.8% | $110.7M -3.4% | $114.6M -1.5% | $116.3M |
AI Insight: ILPT Financial Trends
Net losses persist but narrowed significantly from $24M in Q4 2024 to $2M in Q4 2025, while debt declined $114M over eight quarters.
• Net income improved from $-24M in Q4 2024 to $-2M in Q4 2025, representing an 92% reduction in losses.
• Total debt decreased from $4,307M in Q2 2024 to $4,189M in Q1 2026, a reduction of $118M.
• Operating cash flow turned positive in recent quarters, reaching $23M in Q3 2025 after negative $13M in Q4 2024.
⚠ Equity declined steadily from $618M in Q2 2024 to $480M in Q1 2026, a 22% erosion.
⚠ Net losses resumed at $9M in Q1 2026 after improvement to $2M in Q4 2025.
AI Insight: ILPT Ratio Trends
ILPT's returns remain deeply negative despite modest improvement from Q4 2025's -1.5% ROE trough.
• ROE improved from -17.5% in Q3 2025 to -7.9% in Q1 2026, showing gradual recovery.
• Debt-to-equity ratio climbed from 6.96 in Q2 2024 to 8.73 in Q1 2026.
• ROIC remained consistently negative across all periods, ranging from -3.0% to -1.8%.
⚠ Leverage continues rising with D/E reaching 8.73, up from 8.56 in Q4 2025.
⚠ Q4 2025 showed dramatic ROE improvement to -1.5% before deteriorating again in Q1 2026.
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Available Research
13F Pro tracks comprehensive data for Industrial Logistics Properties Trust including:
Top Institutional Holders of ILPT
BlackRock, Inc.
$31.1M5,468,777 shVANGUARD CAPITAL MANAGEMENT LLC
$14.5M2,555,760 shCastleKnight Management LP
$10.7M1,888,199 shNantahala Capital Management, LLC
$9.5M1,678,973 shFlat Footed LLC
$8.2M1,435,087 shGEODE CAPITAL MANAGEMENT, LLC
$7.9M1,398,228 shD. E. Shaw & Co., Inc.
$7.8M1,377,034 shUMB Bank, n.a.
$7.3M1,280,150 shSTATE STREET CORP
$6.6M1,160,338 shUnion Square Park Capital Management, LLC
$5.2M930,000 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $31.1M | 5,468,777 |
| VANGUARD CAPITAL MANAGEMENT LLC | $14.5M | 2,555,760 |
| CastleKnight Management LP | $10.7M | 1,888,199 |
| Nantahala Capital Management, LLC | $9.5M | 1,678,973 |
| Flat Footed LLC | $8.2M | 1,435,087 |
| GEODE CAPITAL MANAGEMENT, LLC | $7.9M | 1,398,228 |
| D. E. Shaw & Co., Inc. | $7.8M | 1,377,034 |
| UMB Bank, n.a. | $7.3M | 1,280,150 |
| STATE STREET CORP | $6.6M | 1,160,338 |
| Union Square Park Capital Management, LLC | $5.2M | 930,000 |
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Popular Research
Is ILPT a good stock to buy?
13F Pro's AI-powered analysis of Industrial Logistics Properties Trust (ILPT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ILPT are available on the ILPT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ILPT?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ILPT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Industrial Logistics Properties Trust's investment landscape.