Rexford Industrial Realty, Inc. REXR
Rexford Industrial Realty, Inc. creates value by investing in, operating and repositioning industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation over the long term. The Company’s highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial’s high-quality, irreplaceable portfolio comprised 419 properties with approximately 51.2 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange. Rexford Industrial is an S&P MidCap 400 Index member. Rexford Industrial Realty, Inc. was incorporated on January 18th, 2013 in Maryland, USA.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-11 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model REXR yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.00B | $212.03M | $315.92M | $640.59M | $542.09M |
| 2024 | $936.41M | $273.80M | $247.59M | $614.10M | $478.92M |
| 2023 | $797.83M | $238.02M | $214.63M | $506.81M | $427.55M |
| 2022 | $631.20M | $167.58M | $165.59M | $383.67M | $327.69M |
| 2021 | $452.24M | $128.24M | $135.83M | $279.78M | $231.46M |
| 2020 | $330.13M | $76.40M | $104.74M | $202.97M | $182.99M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-09-30 | 2026-09-30 | 2026-10-15 | 2026-07-20 | $0.43 | Quarterly |
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-04-21 | $0.43 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-02-02 | $0.43 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-10-13 | $0.43 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-07-14 | $0.43 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-04-16 | $0.43 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-02-05 | $0.43 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-10-16 | $0.42 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-07-17 | $0.42 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-04-17 | $0.42 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-02-05 | $0.42 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-10-16 | $0.38 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-16 | 2023-07-19 | $0.38 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-17 | 2023-04-14 | $0.38 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-02-08 | $0.38 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-17 | 2022-10-19 | $0.32 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-15 | 2022-07-18 | $0.32 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-04-18 | $0.32 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-02-07 | $0.32 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-18 | 2021-10-18 | $0.24 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-07-21 | $0.24 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-04-19 | $0.24 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-02-08 | $0.24 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-10-20 | $0.21 | Quarterly |
Coverage (payout of operating cash flow): 74.64%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — REXR
Rexford Industrial Realty, Inc. (NYSE:REXR) Given Average Rating of “Hold” by Brokerages
Canada Pension Plan Investment Board Makes New $12.09 Million Investment in Rexford Industrial Realty, Inc. $REXR
Critical Review: One Liberty Properties (NYSE:OLP) vs. Rexford Industrial Realty (NYSE:REXR)
Rexford Industrial: Smooth Seas Never Made A Skilled Sailor
REITs Are Mispriced: Where I See Opportunity Today
Rexford Industrial Enters Into Agreement to Sell a $1.2 Billion Industrial Portfolio
Handelsbanken Fonder AB Decreases Holdings in Rexford Industrial Realty, Inc. $REXR
Invest Like The Grave Dancer: 4 REITs Sam Zell Might Buy Today
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.