U.S. Industrial REITs Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies12
- 7D-1.2%
- 3M16.6%
- 1Y-2.1%
- YTD-7.9%
Over the last 7 days, the Industrial REITs industry has dropped 1.2%, driven by Prologis declining 1.8%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 9.5% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | US$173.4b | US$15.3b | US$3.7b | 39.6x | 46.5x | 11.3x |
| Sun, 23 Jun 2024 | US$154.0b | US$15.6b | US$4.0b | 35.1x | 38.1x | 9.9x |
| Tue, 21 May 2024 | US$156.9b | US$15.6b | US$4.0b | 35.5x | 38.8x | 10x |
| Thu, 18 Apr 2024 | US$149.2b | US$15.5b | US$4.0b | 34.2x | 37.2x | 9.6x |
| Sat, 16 Mar 2024 | US$176.7b | US$15.4b | US$3.9b | 37.9x | 45.5x | 11.5x |
| Mon, 12 Feb 2024 | US$179.3b | US$15.4b | US$4.1b | 37.7x | 43.9x | 11.7x |
| Wed, 10 Jan 2024 | US$181.7b | US$15.2b | US$4.0b | 38.8x | 45.3x | 12x |
| Fri, 08 Dec 2023 | US$164.8b | US$15.2b | US$4.0b | 36.4x | 41.1x | 10.9x |
| Sun, 05 Nov 2023 | US$149.6b | US$15.2b | US$4.0b | 32.7x | 37.3x | 9.9x |
| Tue, 03 Oct 2023 | US$155.9b | US$15.0b | US$4.3b | 31.4x | 36.5x | 10.4x |
| Thu, 31 Aug 2023 | US$173.1b | US$15.0b | US$4.3b | 35.1x | 40.6x | 11.5x |
| Sat, 29 Jul 2023 | US$171.7b | US$15.0b | US$4.5b | 27.9x | 38.4x | 11.4x |
| Mon, 26 Jun 2023 | US$161.0b | US$13.8b | US$3.8b | 25.3x | 42.6x | 11.7x |
| Wed, 24 May 2023 | US$168.3b | US$13.8b | US$3.8b | 27.8x | 44.6x | 12.2x |
| Fri, 21 Apr 2023 | US$167.8b | US$13.6b | US$3.8b | 30.1x | 44.5x | 12.3x |
Price to Earnings Ratio
36.9x
Current Industry PE
- Investors are optimistic on the American Industrial REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 46.5x which is higher than its 3-year average PE of 41.2x.
- The industry is trading close to its 3-year average PS ratio of 11.2x.
Past Earnings Growth
- The earnings for companies in the Industrial REITs industry have declined 5.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.4% 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 | -2.42% | |
| Real Estate | -1.21% | |
| Industrial REITs | -1.19% | |
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 | |
|---|---|---|---|---|---|
| STAG STAG Industrial | US$40.43 | 3.3% +US$234.9m | 11.3% | PB2.2x | |
| COLD Americold Realty Trust | US$28.85 | 1.4% +US$110.8m | -9.6% | PB2.3x | |
| IIPR Innovative Industrial Properties | US$120.74 | 2.5% +US$83.0m | 61.2% | PB1.8x | |
| LXP LXP Industrial Trust | US$10.19 | 1.3% +US$38.3m | -2.5% | PB1.4x | |
| ILPT Industrial Logistics Properties Trust | US$5.06 | 8.1% +US$25.0m | 38.3% | PB0.5x |