INLAND REAL ESTATE INCOME TRUST (INRE) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

INLAND REAL ESTATE INCOME TRUST

OTC Markets OTCPK

$9.50-1.05(-0.10%)After hours

Market Cap

$342.58M

P/S

2.2x

P/B

1.1x

How this company scores

WeakMetricSide Score: 39/100

Grade capped at D — Interest coverage below 1× (0.6x) — earnings cannot cover interest. Strongest: Growth (15/25); weakest: Balance Sheet & Red Flags (5/25).

Profitability12/25

Growth15/25

Balance Sheet & Red Flags5/25

Cash & Earnings Quality7/25

Strengths

Profit converts from growthConsistent growthNo share dilution

Grade capped at D

Interest coverage below 1× (0.6x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 2.2x5y range 0.0x – 2.7x

Currently above its 20-quarter median.

P/B · 1.1x5y range 0.0x – 1.2x

Currently above its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg -1.4x) — earnings may be inflated by non-cash items or aggressive accounting.

Leverage Risk

Watch

D/E ratio of 2.5 is elevated. Watch for further debt accumulation.

Price & Volume

Market Cap $342.58M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $153.40M
Q. Revenue: $37.84M
TTM EBITDA: $84.87M
TTM Op. Income: $26.66M
Q. Op. Income: $6.08M
TTM Net Income: $-7.47M
Q. Net Income: $1.07M
EPS: $0.03
Shares Out.: $36.06M

$153.40M in TTM revenue grew 0.8% YoY, reaching $37.84M last quarter. TTM EBITDA of $84.87M and TTM operating income of $26.66M show growth is flowing through to the bottom line. However, net income is negative at $7.47M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is up 1% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 56.8%
Op. Margin: 16.1%
Net Margin: 2.8%

Op. margin of 16.1% is down 3.8% YoY — costs are rising relative to revenue. Net margin at 2.8% Over the past year, operating margin is down 19% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 2.2x
P/B Ratio: 1.1x

P/S of 2.2x and P/B of 1.1x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.21B
Cash: $10.83M
Long-Term Debt: $806.40M
Book Value: $318.47M
D/E Ratio: 2.5
Debt/EBITDA: 37.6

With $1.21B in assets and $806.40M in long-term debt, D/E is 2.5and book value is $318.47M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is up 5% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $13.77M
TTM Free Cash Flow: $17.15M
FCF Margin: 11.2%
FCF / Net Income: -2.3

TTM FCF of $17.15M on $13.77M in operating cash flow. The FCF / Net Income ratio of -2.3x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 41% — a weakening trend.