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U.S. Office REITs Industry Analysis

UpdatedApr 20, 2025
DataAggregated Company Financials
Companies24
  • 7D4.4%
  • 3M-15.1%
  • 1Y2.0%
  • YTD-17.0%

In the last week, the Office REITs industry is up 4.4%, with BXP up 5.3%. Overall in the last year, the industry is flat. 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
Sun, 20 Apr 2025US$46.9bUS$15.6b-US$774,655,200.0056.1x-60.6x3x
Tue, 18 Mar 2025US$49.6bUS$15.7b-US$740,439,200.0070x-66.9x3.2x
Thu, 13 Feb 2025US$54.1bUS$15.3b-US$837,431,000.00111x-64.6x3.5x
Sat, 11 Jan 2025US$53.1bUS$15.7b-US$817,078,000.0026.8x-65x3.4x
Mon, 09 Dec 2024US$60.9bUS$15.7b-US$817,078,000.0043.6x-74.6x3.9x
Wed, 06 Nov 2024US$59.8bUS$16.0b-US$691,880,000.0043.3x-86.5x3.7x
Fri, 04 Oct 2024US$58.3bUS$15.8b-US$1,012,639,000.0074x-57.5x3.7x
Sun, 01 Sep 2024US$55.5bUS$15.8b-US$1,012,639,000.0070.9x-54.8x3.5x
Tue, 30 Jul 2024US$52.6bUS$15.8b-US$1,512,603,000.0064.3x-34.8x3.3x
Thu, 27 Jun 2024US$45.6bUS$15.8b-US$1,919,252,000.0047.9x-23.8x2.9x
Sat, 25 May 2024US$65.3bUS$18.6b-US$1,732,377,000.0048.5x-37.7x3.5x
Mon, 22 Apr 2024US$65.3bUS$18.5b-US$1,663,428,000.0049.7x-39.2x3.5x
Wed, 20 Mar 2024US$68.5bUS$18.5b-US$1,715,022,000.0052x-39.9x3.7x
Fri, 16 Feb 2024US$65.4bUS$18.5b-US$1,724,451,000.0040.3x-38x3.5x
Sun, 14 Jan 2024US$72.2bUS$17.8b-US$1,303,625,000.0041.3x-55.4x4.1x
Tue, 12 Dec 2023US$68.5bUS$17.8b-US$1,303,625,000.0038.7x-52.5x3.8x
Thu, 09 Nov 2023US$57.9bUS$18.2b-US$1,241,911,000.0029.8x-46.7x3.2x
Sat, 07 Oct 2023US$56.7bUS$18.1bUS$40.9m20.4x1387.5x3.1x
Mon, 04 Sep 2023US$68.3bUS$18.1bUS$40.9m28.5x1671.5x3.8x
Wed, 02 Aug 2023US$67.8bUS$18.1bUS$753.0m24.3x90.1x3.7x
Fri, 30 Jun 2023US$61.5bUS$18.0bUS$1.3b19.1x46.3x3.4x
Sun, 28 May 2023US$55.9bUS$18.0bUS$1.3b18.7x42.1x3.1x
Tue, 25 Apr 2023US$59.9bUS$18.1bUS$1.7b19.2x36x3.3x
Price to Earnings Ratio

35.9x


Total Market Cap: US$62.9bTotal 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 138.2x20242025
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 3.0x.
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 4.7% per year, which is driving profits down.

Industry Trends

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

US Market-1.11%
Real Estate3.57%
Office REITs4.36%
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$63.885.3%
+US$512.6m
6.1%PB1.9x
VNO Vornado Realty TrustUS$34.513.9%
+US$244.3m
32.3%PB1.7x
KRC Kilroy RealtyUS$31.796.8%
+US$239.8m
-3.9%PB0.7x
SLG SL Green RealtyUS$52.395.6%
+US$196.6m
5.7%PB1x
HIW Highwoods PropertiesUS$27.574.4%
+US$126.7m
14.0%PB1.3x
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Latest News

CMCT

US$4.49

Creative Media & Community Trust

7D

-18.0%

1Y

-99.5%

SLG

US$52.39

SL Green Realty

7D

5.6%

1Y

5.7%

KRC

US$31.79

Kilroy Realty

7D

6.8%

1Y

-3.9%

BXP

US$63.88

BXP

7D

5.3%

1Y

6.1%

VNO

US$34.51

Vornado Realty Trust

7D

3.9%

1Y

32.3%

JBGS

US$14.91

JBG SMITH Properties

7D

-3.4%

1Y

0.5%

DEI

US$13.99

Douglas Emmett

7D

4.5%

1Y

5.1%

CDP

US$26.38

COPT Defense Properties

7D

3.2%

1Y

15.9%

CUZ

US$26.88

Cousins Properties

7D

2.9%

1Y

21.2%

HIW

US$27.57

Highwoods Properties

7D

4.4%

1Y

14.0%