Rexford Industrial Realty — Oct 15, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-25-000051
Showing in the filing
Same Property Portfolio NOI Growth — Net Effective
“0.75% - 1.25%”
Period
Q3 FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 22
Stock repurchase program authorization
“$500.0 million”
Dividend for Q4 FY2025
“$0.43 per share”
Dividend per share, common stock for Q4 FY2025
“$0.43 per share”
Quarterly dividend per share, Series B Cumul… for Q4 FY2025
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Quarterly dividend per share, Series C Cumul… for Q4 FY2025
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net Income Attributable to Common Stockholde… for Q3 FY2025
“$1.44 - $1.46”
Net Income Attributable to Common Stockholde… for Q2 FY2025
“$1.38 - $1.42”
Company share of Core FFO per diluted share for Q3 FY2025
“$2.39 - $2.41”
Core FFO per diluted share for FY2025
“$2.39-$2.41”
Company share of Core FFO per diluted share for Q2 FY2025
“$2.37 - $2.41”
Same Property Portfolio NOI Growth — Net Eff… for Q3 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Net Eff… for Q2 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Cash for Q3 FY2025
“3.75% - 4.25%”
Same Property Portfolio NOI Growth — Cash for Q2 FY2025
“2.25% - 2.75%”
Average Same Property Portfolio Occupancy (F… for Q3 FY2025
“+/- 96.0%”
Average Same Property Portfolio Occupancy (F… for Q2 FY2025
“95.5% - 96.0%”
General and Administrative Expenses for Q3 FY2025
“+/- $82M”
General and Administrative Expenses for Q2 FY2025
“+/- $82M”
Net Interest Expense for Q3 FY2025
“+/- $105M”
Net Interest Expense for Q2 FY2025
“+/- $107M”
Exhibit 99.1 · the passage around this item
… earlier in the release
2025 Outlook (1) Q3 2025 Updated Guidance Q2 2025 Guidance Net Income Attributable to Common Stockholders per diluted share $1.44 - $1.46 $1.38 - $1.42 Company share of Core FFO per diluted share $2.39 - $2.41 $2.37 - $2.41 Same Property Portfolio NOI Growth — Net Effective 0.75% - 1.25% 0.75% - 1.25% Same Property Portfolio NOI Growth — Cash 3.75% - 4.25% 2.25% - 2.75% Average Same Property Portfolio Occupancy (Full Year) (2) +/- 96.0% 95.5% - 96.0% General and Administrative Expenses (3) +/- $82M +/- $82M Net Interest Expense +/- $105M +/- $107M (1) 2025 Guidance represents the in-place portfolio as of September 30, 2025, and does not include any assumptions for additional prospective acquisitions, dispositions or related balance sheet activities that have not closed. (2) As of September 30, 2025, our 2025 Same Property Portfolio consisted of 288 properties totaling 37.9 million rentable square feet, representing approximately 80% of third quarter 2025 total portfolio NOI. (3) 2025 General and Administrative expense guidance includes estimated non-cash equity compensation expense of $38.3 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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.