Industrial Logistics Properties Trust employees and revenue per employee

ILPT · REIT - Industrial · $477M market cap

Industrial Logistics Properties Trust had 900 employees at the end of fiscal Dec 2025, down 10.0% from a year earlier. Revenue for the year was $449M, up 1.5% from a year earlier, or $499K per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

900

-10.0% YoY

Revenue

$449M

+1.5% YoY

Revenue / employee

$499K

Peer median $1.99M

Rank in industry

11 of 16

REIT - Industrial

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2017
85193302'17'18'19'20'21'22'23'24'25Revenue 287Staff 164

Hover a year for the numbers.

ILPT employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 2025900$449M$499K-10.0%+1.5%
Dec 20241,000$442M$442K-9.1%+1.1%
Dec 20231,100$437M$398K+83.3%+12.7%
Dec 2022600$388M$647K+0.0%+76.5%
Dec 2021600$220M$366K+0.0%-13.6%
Dec 2020600$255M$424K+0.0%+11.1%
Dec 2019600$229M$382K+0.0%+41.0%
Dec 2018600$163M$271K+9.1%+3.8%
Dec 2017550$157M$285K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
600'20600'21600'221,100'231,000'24900'25
Revenue per employee, last six fiscal years
$424K'20$366K'21$647K'22$398K'23$442K'24$499K'25

Industrial Logistics Properties Trust against similar companies

The closest industry peers by revenue, from REIT - Industrial.

CompanyEmployeesRevenueRevenue / employeeShape
IIPR
Innovative Industrial Properties, Inc.
23$266M$11.6MHiring into decline
TRNO
Terreno Realty Corporation
47$476M$10.1MLeaner
STAG
STAG Industrial, Inc.
93$845M$9.09MEfficient growth
EGP
EastGroup Properties, Inc.
103$721M$7.00MEfficient growth
LXP
LXP Industrial Trust
58$350M$6.04MContracting
FR
First Industrial Realty Trust, Inc.
151$727M$4.82MEfficient growth
NSA
National Storage Affiliates Trust
1,458$753M$516KContracting
ILPT
Industrial Logistics Properties Trust
900$449M$499KLeaner
SMA
Smartstop Self Storage REIT Inc
1,000$281M$281KHiring ahead
Every Real Estate company

Questions about Industrial Logistics Properties Trust

How many employees does Industrial Logistics Properties Trust have?
Industrial Logistics Properties Trust reported 900 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 18, 2026. That is down 10.0% from a year earlier.
What is Industrial Logistics Properties Trust's revenue per employee?
Industrial Logistics Properties Trust brought in $449M of revenue in fiscal Dec 2025, which is $499K per employee. That ranks 11 of 16 companies we track in REIT - Industrial, where the median is $1.99M.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare ILPT with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Industrial Logistics Properties Trust's annual reports (Form 10-K), latest filed February 18, 2026. This is data, not a recommendation to buy or sell ILPT.