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U.S. Office REITs Industry Analysis

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies24
  • 7D-1.8%
  • 3M-14.3%
  • 1Y-3.8%
  • YTD-20.5%

Over the last 7 days, the Office REITs industry has dropped 1.8%, driven by a pullback from Easterly Government Properties of 20%. The industry has fallen 3.8% in the last year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

Has the U.S. Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Apr 2025US$45.0bUS$15.7b-US$740,439,200.0062.8x-60.7x2.9x
Wed, 12 Mar 2025US$50.9bUS$15.7b-US$783,117,200.0069.5x-65x3.2x
Fri, 07 Feb 2025US$54.7bUS$15.2b-US$856,873,000.0082.4x-63.9x3.6x
Sun, 05 Jan 2025US$56.4bUS$15.7b-US$817,078,000.0029x-69x3.6x
Tue, 03 Dec 2024US$61.9bUS$15.7b-US$817,078,000.0043.4x-75.7x3.9x
Thu, 31 Oct 2024US$61.9bUS$15.7b-US$698,501,000.0043.5x-88.7x3.9x
Sat, 28 Sep 2024US$58.4bUS$15.8b-US$1,012,639,000.0075x-57.7x3.7x
Mon, 26 Aug 2024US$52.3bUS$15.8b-US$1,012,639,000.0068.9x-51.6x3.3x
Wed, 24 Jul 2024US$50.4bUS$15.8b-US$1,561,190,000.0053.7x-32.3x3.2x
Fri, 21 Jun 2024US$46.3bUS$15.8b-US$1,919,252,000.0048.9x-24.1x2.9x
Sun, 19 May 2024US$68.5bUS$18.6b-US$1,732,377,000.0051.6x-39.6x3.7x
Tue, 16 Apr 2024US$67.2bUS$18.5b-US$1,704,925,000.0048.4x-39.4x3.6x
Thu, 14 Mar 2024US$69.2bUS$18.5b-US$1,715,022,000.0053x-40.4x3.7x
Sat, 10 Feb 2024US$67.1bUS$17.9b-US$1,803,943,000.0033.4x-37.2x3.8x
Mon, 08 Jan 2024US$72.5bUS$17.8b-US$1,303,625,000.0041.9x-55.6x4.1x
Wed, 06 Dec 2023US$68.2bUS$17.8b-US$1,303,625,000.0037.2x-52.3x3.8x
Fri, 03 Nov 2023US$54.4bUS$18.1b-US$1,213,950,000.0032.8x-44.8x3x
Sun, 01 Oct 2023US$60.2bUS$18.1bUS$40.9m21.8x1472.5x3.3x
Tue, 29 Aug 2023US$65.3bUS$18.1bUS$40.9m28x1599.2x3.6x
Thu, 27 Jul 2023US$69.0bUS$18.1bUS$792.5m22.8x87.1x3.8x
Sat, 24 Jun 2023US$57.3bUS$18.0bUS$1.3b18.2x43.2x3.2x
Mon, 22 May 2023US$57.2bUS$18.0bUS$1.3b18.8x43.1x3.2x
Wed, 19 Apr 2023US$61.0bUS$18.1bUS$1.7b19.1x35.4x3.4x
Price to Earnings Ratio

34.1x


Total Market Cap: US$58.9bTotal Earnings: US$1.7bTotal Revenue: US$18.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Office REITs Industry Price to Earnings3Y Average 139.8x20242025
Current Industry PE
  • Investors are pessimistic on the American Office REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 4.6% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the U.S. Real Estate industry?

US Market5.42%
Real Estate-0.85%
Office REITs-1.81%
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?

CompanyLast Price7D1YValuation
VNO Vornado Realty TrustUS$33.230.7%
+US$43.9m
21.2%PB1.6x
BXP BXPUS$60.640.4%
+US$34.8m
0.05%PB1.8x
PGRE Paramount GroupUS$4.143.8%
+US$32.6m
-11.7%PB0.3x
CUZ Cousins PropertiesUS$26.130.4%
+US$16.8m
16.2%PB0.9x
JBGS JBG SMITH PropertiesUS$15.430.9%
+US$11.5m
1.0%PB0.7x
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Latest News

DEA

US$8.10

Easterly Government Properties

7D

-19.6%

1Y

-28.8%

BXP

US$60.64

BXP

7D

0.4%

1Y

0.05%

PGRE

US$4.14

Paramount Group

7D

3.8%

1Y

-11.7%

VNO

US$33.23

Vornado Realty Trust

7D

0.7%

1Y

21.2%

PDM

US$6.15

Piedmont Office Realty Trust

7D

-7.9%

1Y

-6.8%

JBGS

US$15.43

JBG SMITH Properties

7D

0.9%

1Y

1.0%

BDN

US$3.59

Brandywine Realty Trust

7D

-10.3%

1Y

-17.7%

DEI

US$13.39

Douglas Emmett

7D

-6.2%

1Y

1.0%

CDP

US$25.56

COPT Defense Properties

7D

-2.2%

1Y

10.3%

CUZ

US$26.13

Cousins Properties

7D

0.4%

1Y

16.2%

SLG

US$49.63

SL Green Realty

7D

-2.0%

1Y

-3.0%

HIW

US$26.41

Highwoods Properties

7D

-2.7%

1Y

7.9%

EQC

US$1.61

Equity Commonwealth

7D

0.6%

1Y

-91.3%