Below are the financial statements of Rexford Industrial Realty, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Rental income | 922.1a | 791.38a | 630.58a |
| Management and leasing services | 0.61a | 0.68a | 0.62a |
| Interest income | 13.7a | 5.76a | 0.01a |
| Total revenues | 936.41a | 797.83a | 631.2a |
| Operating expenses | — | — | — |
| Property expenses | -210.26a | -184.48a | -150.5a |
| General and administrative | -82.15a | -75.03a | -64.26a |
| Depreciation and amortization | -275.25a | -244.51a | -196.79a |
| Total operating expenses | -567.66a | -504.02a | -411.56a |
| Other expenses | — | — | — |
| Other expenses | -2.24a | -1.82a | -1.56a |
| Interest expense | -98.6a | -61.4a | -48.5a |
| Total expenses | -668.49a | -567.24a | -461.62a |
| Loss on extinguishment of debt | 0a | 0a | -0.92a |
| Gains on sale of real estate | 18.01a | 19a | 8.49a |
| Net income | 285.93a | 249.59a | 177.16a |
| Less: net income attributable to noncontrolling interests | -12.12a | -11.58a | -9.57a |
| Net income attributable to Rexford Industrial Realty, Inc. | 273.8a | 238.02a | 167.58a |
| Less: preferred stock dividends | -9.26a | -9.26a | -9.26a |
| Less: Earnings allocated to participating securities | -1.68a | -1.31a | -0.85a |
| Net income attributable to common stockholders | 262.87a | 227.45a | 157.48a |
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