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U.S. Real Estate Sector Analysis

UpdatedMay 29, 2025
DataAggregated Company Financials
Companies286
  • 7D1.3%
  • 3M-6.1%
  • 1Y9.8%
  • YTD-0.6%

Over the last 7 days, the Real Estate industry has dropped 1.4%, driven by a pullback from Crown Castle of 1.9%. Over the past 12 months, the industry was up 9.0%. Earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

Has the U.S. Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 May 2025US$1.5tUS$326.6bUS$29.8b28.1x49.9x4.5x
Sat, 26 Apr 2025US$1.5tUS$322.8bUS$28.5b29.3x51.5x4.5x
Mon, 24 Mar 2025US$1.5tUS$321.4bUS$29.0b31.5x52x4.7x
Wed, 19 Feb 2025US$1.6tUS$323.0bUS$28.0b32.2x56.4x4.9x
Fri, 17 Jan 2025US$1.5tUS$320.1bUS$27.4b31.5x54.9x4.7x
Sun, 15 Dec 2024US$1.6tUS$320.0bUS$27.4b33.8x58.2x5x
Tue, 12 Nov 2024US$1.6tUS$319.6bUS$27.3b34.7x59.9x5.1x
Thu, 10 Oct 2024US$1.6tUS$314.7bUS$26.7b33.5x60.2x5.1x
Sat, 07 Sep 2024US$1.6tUS$314.8bUS$27.1b34.3x58.9x5.1x
Mon, 05 Aug 2024US$1.5tUS$312.9bUS$27.0b33x56.8x4.9x
Wed, 03 Jul 2024US$1.4tUS$305.7bUS$27.1b30.8x51x4.5x
Fri, 31 May 2024US$1.4tUS$306.4bUS$27.6b31x49.4x4.5x
Sun, 28 Apr 2024US$1.3tUS$307.1bUS$28.0b29.1x47.6x4.3x
Tue, 26 Mar 2024US$1.4tUS$306.1bUS$28.0b30.6x49.9x4.6x
Thu, 22 Feb 2024US$1.4tUS$306.2bUS$27.4b30.1x50.8x4.5x
Sat, 20 Jan 2024US$1.5tUS$323.3bUS$26.7b30.8x54.4x4.5x
Mon, 18 Dec 2023US$1.5tUS$323.1bUS$26.5b30.9x56.7x4.7x
Wed, 15 Nov 2023US$1.3tUS$322.9bUS$26.5b28.3x48.7x4x
Fri, 13 Oct 2023US$1.3tUS$325.2bUS$31.5b26.6x42x4.1x
Sun, 10 Sep 2023US$1.4tUS$323.9bUS$31.7b28.5x43.1x4.2x
Tue, 08 Aug 2023US$1.4tUS$323.6bUS$32.4b29.7x44.3x4.4x
Thu, 06 Jul 2023US$1.5tUS$325.0bUS$34.4b24.7x43.2x4.6x
Sat, 03 Jun 2023US$1.3tUS$314.8bUS$35.5b24.2x37.7x4.3x
Mon, 01 May 2023US$1.4tUS$316.5bUS$35.9b23.9x37.8x4.3x
Wed, 29 Mar 2023US$1.3tUS$315.6bUS$38.2b23.2x33.7x4.1x
Fri, 24 Feb 2023US$1.4tUS$306.5bUS$38.5b24.4x36.8x4.6x
Sun, 22 Jan 2023US$1.4tUS$311.3bUS$44.4b25x31.9x4.5x
Tue, 20 Dec 2022US$1.3tUS$311.1bUS$45.2b23.7x29.3x4.3x
Thu, 17 Nov 2022US$1.4tUS$311.0bUS$44.5b24.2x30.5x4.4x
Sat, 15 Oct 2022US$1.2tUS$307.4bUS$41.3b23.2x29.2x3.9x
Mon, 12 Sep 2022US$1.5tUS$307.5bUS$41.4b27.6x36.3x4.9x
Wed, 10 Aug 2022US$1.5tUS$308.8bUS$41.8b29.1x36.9x5x
Fri, 08 Jul 2022US$1.4tUS$294.5bUS$41.1b27.2x35.3x4.9x
Sun, 05 Jun 2022US$1.5tUS$294.4bUS$41.1b29.9x37.3x5.2x
Price to Earnings Ratio

37.3x


Total Market Cap: US$1.5tTotal Earnings: US$41.1bTotal Revenue: US$294.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Real Estate Sector Price to Earnings3Y Average 45.9x202320242025
Current Industry PE
  • Investors are optimistic on the American Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 49.0x which is higher than its 3-year average PE of 45.9x.
  • The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 10% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.5% 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 sector?

US Market0.79%
Real Estate1.27%
Hotel and Resort REITs3.25%
Office REITs3.13%
REITS2.85%
Industrial REITs2.19%
Health Care REITs1.70%
Retail REITs1.30%
Specialized REITs1.23%
Real Estate0.66%
Residential REITs-0.40%
Industry PE
  • Investors are most optimistic about the Health Care REITs industry which is trading above its 3-year average PE ratio of 169x.
    • Analysts are expecting annual earnings growth of 22.6%, which is lower than the prior year's growth of 43.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Office REITs industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PLD PrologisUS$107.923.1%
+US$3.0b
2.8%PB1.9x
WELL WelltowerUS$151.702.3%
+US$2.2b
50.7%PB2.9x
EQIX EquinixUS$880.622.5%
+US$2.1b
15.9%PB6.2x
PSA Public StorageUS$302.162.1%
+US$1.1b
14.5%PB10.2x
SPG Simon Property GroupUS$161.212.0%
+US$1.0b
9.6%PB20.5x
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Latest News

EXR

US$148.49

Extra Space Storage

7D

2.1%

1Y

7.3%

CCI

US$99.64

Crown Castle

7D

-1.9%

1Y

1.8%

EQIX

US$880.62

Equinix

7D

2.5%

1Y

15.9%

AMT

US$212.46

American Tower

7D

-0.6%

1Y

14.6%

SBAC

US$229.03

SBA Communications

7D

-1.2%

1Y

22.9%

SPG

US$161.21

Simon Property Group

7D

2.0%

1Y

9.6%

PLD

US$107.92

Prologis

7D

3.1%

1Y

2.8%

PSA

US$302.16

Public Storage

7D

2.1%

1Y

14.5%

LINE

US$44.00

Lineage

7D

-3.2%

1Y

n/a

WELL

US$151.70

Welltower

7D

2.3%

1Y

50.7%

INVH

US$33.20

Invitation Homes

7D

-1.1%

1Y

-1.7%

MRNO

US$9.90

Murano Global Investments

7D

-4.3%

1Y

-6.4%