U.S. Industrial REITs Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies12
- 7D3.5%
- 3M-17.0%
- 1Y-15.5%
- YTD-19.2%
In the last week, the Industrial REITs industry is up 5.0%, with Prologis up 3.9%. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 7.7% annually.
Industry Valuation and Performance
Has the U.S. Industrial REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$151.4b | US$15.6b | US$4.0b | 35.1x | 37.6x | 9.7x |
| Sat, 06 Apr 2024 | US$170.0b | US$15.4b | US$3.9b | 39.2x | 43.8x | 11.1x |
| Mon, 04 Mar 2024 | US$180.9b | US$15.4b | US$3.9b | 39.5x | 46.6x | 11.8x |
| Wed, 31 Jan 2024 | US$175.3b | US$15.3b | US$4.1b | 37.7x | 43.3x | 11.4x |
| Fri, 29 Dec 2023 | US$183.8b | US$15.2b | US$4.0b | 39.8x | 45.9x | 12.1x |
| Sun, 26 Nov 2023 | US$156.0b | US$15.2b | US$4.0b | 34.4x | 38.9x | 10.3x |
| Tue, 24 Oct 2023 | US$140.2b | US$15.2b | US$4.0b | 29.9x | 35.3x | 9.2x |
| Thu, 21 Sep 2023 | US$167.4b | US$15.0b | US$4.3b | 34.1x | 39.2x | 11.2x |
| Sat, 19 Aug 2023 | US$165.1b | US$15.0b | US$4.3b | 33.3x | 38.7x | 11x |
| Mon, 17 Jul 2023 | US$175.7b | US$13.8b | US$3.8b | 27.9x | 46.5x | 12.8x |
| Wed, 14 Jun 2023 | US$167.1b | US$13.8b | US$3.8b | 27.9x | 44.2x | 12.1x |
| Fri, 12 May 2023 | US$171.6b | US$13.8b | US$3.8b | 26.5x | 45.4x | 12.5x |
| Sun, 09 Apr 2023 | US$167.2b | US$13.0b | US$4.4b | 30.2x | 37.6x | 12.8x |
Price to Earnings Ratio
36x
Current Industry PE
- Investors are pessimistic on the American Industrial REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 37.6x which is lower than its 3-year average PE of 41.5x.
- The 3-year average PS ratio of 11.3x is higher than the industry's current PS ratio of 9.7x.
Past Earnings Growth
- The earnings for companies in the Industrial REITs industry have declined 3.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | 3.30% | |
| Real Estate | 2.15% | |
| Industrial REITs | 3.50% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PLD Prologis | US$105.88 | 3.9% +US$3.7b | -17.3% | PB1.8x | |
| REXR Rexford Industrial Realty | US$44.90 | 5.9% +US$545.6m | -21.4% | PB1.2x | |
| EGP EastGroup Properties | US$161.68 | 3.1% +US$231.7m | -5.9% | PB2.9x | |
| FR First Industrial Realty Trust | US$47.38 | 3.0% +US$180.0m | -12.8% | PB2.4x | |
| COLD Americold Realty Trust | US$22.86 | 2.3% +US$144.9m | -26.0% | PB1.8x |