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U.S. Office REITs Industry Analysis

UpdatedAug 30, 2025
DataAggregated Company Financials
Companies24
  • 7D2.7%
  • 3M8.6%
  • 1Y-3.3%
  • YTD-5.2%

Over the last 7 days, the Office REITs industry has risen 5.7%, driven by gains from BXP of 7.9%. However, the industry is down 3.4% over the past year. Looking forward, earnings are forecast to decline by 13% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 30 Aug 2025US$56.2bUS$16.2b-US$807,521,000.0037.8x-69.6x3.5x
Mon, 28 Jul 2025US$55.6bUS$16.3b-US$894,885,000.0049.2x-62.2x3.4x
Wed, 25 Jun 2025US$55.4bUS$16.3b-US$756,442,000.0047x-73.2x3.4x
Fri, 23 May 2025US$50.6bUS$16.3b-US$756,442,000.0044.6x-66.8x3.1x
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 107.3x20242025
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 3.5% per year, which is driving profits down.

Industry Trends

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

US Market-0.0093%
Real Estate0.26%
Office REITs2.69%
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$72.514.5%
+US$497.3m
-3.6%PB2.2x
HIW Highwoods PropertiesUS$31.535.5%
+US$177.2m
-2.1%PB1.5x
CUZ Cousins PropertiesUS$29.493.5%
+US$169.6m
3.4%PB1x
KRC Kilroy RealtyUS$41.593.6%
+US$169.2m
14.7%PB0.9x
DEI Douglas EmmettUS$16.214.4%
+US$113.9m
1.3%PB1.4x

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