Adamas Trust, Inc. 7.000% Series G Cumulative Redeemable Preferred Stock (ADAMZ) vs Industrial Logistics Properties Trust (ILPT)

A side-by-side comparison of Adamas Trust, Inc. 7.000% Series G Cumulative Redeemable Preferred Stock and Industrial Logistics Properties Trust across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — ADAMZ vs ILPT

growth of $100 · dividends reinvested · last 5y
ADAMZ +7.2% (+1.4%/yr)ILPT -67.4% (-20.1%/yr)ADAMZ compounded faster over this window
050100Start $10020222023202420252026$107$33
ADAMZ ILPT

ADAMZ vs ILPT: by the numbers

  • •ADAMZ is the larger company ($722M vs $480M market cap).
  • •ADAMZ is profitable (21.13% net margin) while ILPT runs a net loss (-10.37%).
  • •ADAMZ grew revenue faster over the past five years (29.44% vs 14.29% CAGR).
  • •ADAMZ pays the higher dividend yield (10.61% vs 3.52%).

Metrics side by side

Valuation

MetricADAMZILPT
P/E ratio9.95N/A
P/S ratio0.751.05
P/B ratioN/A1.04
EV / EBITDAN/A14.75
FCF yieldN/A11.34%

For REITs like Industrial Logistics Properties Trust, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

Profitability

MetricADAMZILPT
Gross marginN/A10.99%
Operating margin17.11%32.85%
Net margin21.13%-10.37%
ROE13.76%-10.23%
ROICN/A2.97%

Adamas Trust, Inc. 7.000% Series G Cumulative Redeemable Preferred Stock: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricADAMZILPT
Dividend yield10.61%3.52%
Payout ratio104.29%N/A

Industrial Logistics Properties Trust's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Growth (annualized)

MetricADAMZILPT
Revenue CAGR (5Y)29.44%14.29%
FCF CAGR (5Y)N/A-13.15%
Total return CAGR (5Y)N/A-20.92%

Frequently asked

Which has grown faster, ADAMZ or ILPT?
Over the past five years, ADAMZ grew revenue faster — ADAMZ at a 29.44% CAGR versus ILPT at 14.29%.
Does ADAMZ or ILPT pay a bigger dividend?
ADAMZ yields 10.61% and ILPT yields 3.52% based on trailing dividends and the latest price.
Is ADAMZ or ILPT more profitable?
ADAMZ runs the higher net margin — ADAMZ at 21.13% versus ILPT at -10.37%.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.