Rexford Industrial Realty — Jul 16, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-25-000033
Showing in the filing
Estimated non-cash equity compensation expense (included in G&A)
“$37.3 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 21
Dividend for Q3 FY2025
“$0.43 per share”
Dividend per share (common stock) for Q3 FY2025
“$0.43 per share”
Dividend per share, Series B Cumulative Rede… for Q3 FY2025
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Dividend per share, Series C Cumulative Rede… for Q3 FY2025
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net Income Attributable to Common Stockholde… for Q2 FY2025
“$1.38 - $1.42”
Net Income Attributable to Common Stockholde… for Q1 FY2025
“$1.31 - $1.35”
Company share of Core FFO per diluted share for Q2 FY2025
“$2.37 - $2.41”
Company share of Core FFO per diluted share for Q1 FY2025
“$2.37 - $2.41”
Same Property Portfolio NOI Growth — Net Eff… for Q2 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Net Eff… for Q1 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Cash for Q2 FY2025
“2.25% - 2.75%”
Same Property Portfolio NOI Growth — Cash for Q1 FY2025
“2.25% - 2.75%”
Average Same Property Portfolio Occupancy (F… for Q2 FY2025
“95.5% - 96.0%”
Average Same Property Portfolio Occupancy (F… for Q1 FY2025
“95.5% - 96.0%”
General and Administrative Expenses for Q2 FY2025
“+/- $82M”
General and Administrative Expenses for Q1 FY2025
“+/- $82M”
Net Interest Expense for Q2 FY2025
“+/- $107M”
Net Interest Expense for Q1 FY2025
“+/- $109.5M”
Estimated non-cash equity compensation expen… for FY2025
“$37.3 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
(2) As of June 30, 2025, our 2025 Same Property Portfolio consisted of 289 properties totaling 38.0 million rentable square feet representing approximately 80% of Q2 2025 total portfolio NOI. (3) 2025 General and Administrative expense guidance includes estimated non-cash equity compensation expense of $37.3 million. Non-cash equity compensation includes restricted stock, time-based LTIP units and performance units that are tied to the Company’s overall performance and may or may not be realized based on actual results. A number of factors could impact the Company’s ability to deliver results in line with its guidance, including, but not limited to, the potential impacts related to interest rates, inflation, the economy, tariffs, the supply and demand of industrial real estate, the availability and terms of financing to the Company or to potential acquirers of real estate and the timing and yields for divestment and investment. There can be no assurance that the Company can achieve such results. Supplemental Information and Updated Earnings Presentation The Company’s supplemental financial reporting package as well as an earnings presentation are available on the Company’s investor relations website at ir.rexfordindustrial.com. Earnings Release, Investor Conference Webcast and Conference Call A conference call with executive management will be held on Thursday, July 17, 2025, at 1:00 p.m. Eastern Time. To participate in the live telephone conference call, please access the following dial-in n
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.