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U.S. Office REITs Industry Analysis

UpdatedJul 15, 2025
DataAggregated Company Financials
Companies24
  • 7D4.4%
  • 3M15.3%
  • 1Y4.3%
  • YTD-5.6%

Over the last 7 days, the Office REITs industry has risen 3.3%, driven by gains from BXP of 5.8%. In the same time, Creative Media & Community Trust was down 16%. In the last 12 months, the industry was up 4.4%. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Jul 2025US$56.2bUS$16.3b-US$756,442,000.0051.2x-74.3x3.4x
Thu, 12 Jun 2025US$56.4bUS$16.3b-US$756,442,000.0047.3x-74.6x3.5x
Sat, 10 May 2025US$50.4bUS$16.3b-US$685,910,000.0045.8x-73.4x3.1x
Mon, 07 Apr 2025US$45.8bUS$15.7b-US$740,439,200.0067.5x-61.9x2.9x
Wed, 05 Mar 2025US$52.3bUS$15.7b-US$752,650,000.0068.1x-69.5x3.3x
Fri, 31 Jan 2025US$53.0bUS$15.4b-US$1,011,923,000.0066.6x-52.4x3.4x
Sun, 29 Dec 2024US$55.8bUS$15.7b-US$817,078,000.0029x-68.3x3.6x
Tue, 26 Nov 2024US$56.7bUS$15.7b-US$817,078,000.0043.6x-69.4x3.6x
Thu, 24 Oct 2024US$62.8bUS$15.7b-US$1,153,218,000.0077.5x-54.5x4x
Sat, 21 Sep 2024US$59.7bUS$15.8b-US$1,012,639,000.0075.3x-59x3.8x
Mon, 19 Aug 2024US$52.7bUS$15.8b-US$1,012,639,000.0066x-52x3.3x
Wed, 17 Jul 2024US$50.8bUS$15.8b-US$1,919,252,000.0054.1x-26.4x3.2x
Fri, 14 Jun 2024US$45.5bUS$15.8b-US$1,919,252,000.0048.6x-23.7x2.9x
Sun, 12 May 2024US$67.5bUS$18.6b-US$1,807,895,000.0050.3x-37.3x3.6x
Tue, 09 Apr 2024US$68.2bUS$18.5b-US$1,704,925,000.0052.2x-40x3.7x
Thu, 07 Mar 2024US$69.3bUS$18.5b-US$1,570,896,000.0047.7x-44.1x3.8x
Sat, 03 Feb 2024US$67.6bUS$17.9b-US$1,725,709,000.0038.3x-39.2x3.8x
Mon, 01 Jan 2024US$72.7bUS$17.8b-US$1,303,625,000.0041.9x-55.8x4.1x
Wed, 29 Nov 2023US$58.8bUS$17.8b-US$1,303,625,000.0034.9x-45.1x3.3x
Fri, 27 Oct 2023US$54.5bUS$18.1b-US$376,032,000.0019.9x-145x3x
Sun, 24 Sep 2023US$60.7bUS$18.1bUS$40.9m23.4x1485.8x3.4x
Tue, 22 Aug 2023US$64.4bUS$18.1bUS$40.9m27.3x1577.5x3.6x
Thu, 20 Jul 2023US$67.1bUS$18.0bUS$1.3b22.5x51x3.7x
Sat, 17 Jun 2023US$61.7bUS$18.0bUS$1.3b19.1x46.5x3.4x
Mon, 15 May 2023US$57.4bUS$18.0bUS$1.3b18.8x43.2x3.2x
Wed, 12 Apr 2023US$62.2bUS$18.1bUS$1.7b20.3x36.1x3.4x
Price to Earnings Ratio

36.4x


Total Market Cap: US$62.8bTotal 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 116.9x20242025
Current Industry PE
  • Investors are relatively neutral on the American Office REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
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 3.4% per year, which is driving profits down.

Industry Trends

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

US Market0.58%
Real Estate1.27%
Office REITs4.44%
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
BXP BXPUS$71.235.8%
+US$617.5m
4.2%PB2.1x
KRC Kilroy RealtyUS$37.137.5%
+US$305.2m
3.8%PB0.8x
VNO Vornado Realty TrustUS$38.753.6%
+US$259.1m
31.6%PB1.8x
SLG SL Green RealtyUS$63.604.5%
+US$193.2m
0.2%PB1.2x
PGRE Paramount GroupUS$6.8612.3%
+US$164.4m
29.9%PB0.5x

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