Header cover image

U.S. REITS Industry Analysis

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies24
  • 7D-3.0%
  • 3M0.04%
  • 1Y-6.0%
  • YTD-0.9%

Over the last 7 days, the REITS industry has dropped 3.0%, driven by declines in W. P. Carey and Essential Properties Realty Trust of 1.8% and 3.5%, respectively. Meanwhile, Presidio Property Trust actually outperformed within the industry, gaining 45% in the last week. However, the industry is down 6.0% over the past year. As for the next few years, earnings are expected to grow by 4.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Jul 2025US$32.1bUS$6.3bUS$598.5m25.8x53.6x5.1x
Tue, 17 Jun 2025US$34.0bUS$6.3bUS$598.5m28.1x56.8x5.4x
Thu, 15 May 2025US$32.8bUS$6.2bUS$600.6m26.4x54.7x5.3x
Sat, 12 Apr 2025US$32.7bUS$7.1bUS$745.2m25.1x43.9x4.6x
Mon, 10 Mar 2025US$36.9bUS$7.0bUS$867.5m30x42.6x5.3x
Wed, 05 Feb 2025US$34.6bUS$7.0bUS$879.2m25.1x39.4x5x
Fri, 03 Jan 2025US$35.2bUS$7.0bUS$878.8m27.2x40x5.1x
Sun, 01 Dec 2024US$37.5bUS$7.0bUS$915.5m29.7x40.9x5.4x
Tue, 29 Oct 2024US$37.3bUS$7.0bUS$651.5m26x57.3x5.3x
Thu, 26 Sep 2024US$39.3bUS$7.0bUS$643.6m27x61x5.6x
Sat, 24 Aug 2024US$36.6bUS$6.8bUS$561.6m29.5x65.1x5.4x
Mon, 22 Jul 2024US$36.5bUS$6.8bUS$676.8m27.2x53.9x5.3x
Wed, 19 Jun 2024US$33.3bUS$6.9bUS$664.4m24.6x50.1x4.8x
Fri, 17 May 2024US$35.0bUS$6.9bUS$666.7m24.4x52.4x5.1x
Sun, 14 Apr 2024US$32.7bUS$6.6bUS$759.3m25.1x43.1x5x
Tue, 12 Mar 2024US$33.1bUS$6.5bUS$881.4m27.6x37.5x5.1x
Thu, 08 Feb 2024US$33.6bUS$6.3bUS$1.0b26.3x32.1x5.3x
Sat, 06 Jan 2024US$85.5bUS$21.2bUS$876.1m25.3x97.6x4x
Mon, 04 Dec 2023US$84.7bUS$21.3bUS$878.5m25.9x96.4x4x
Wed, 01 Nov 2023US$79.6bUS$21.2bUS$1.0b21.8x78x3.8x
Fri, 29 Sep 2023US$80.8bUS$21.1bUS$1.0b21.7x79.1x3.8x
Sun, 27 Aug 2023US$82.5bUS$21.1bUS$1.0b23.5x80.7x3.9x
Tue, 25 Jul 2023US$85.3bUS$20.9bUS$1.2b23.5x73.4x4.1x
Thu, 22 Jun 2023US$81.9bUS$12.0bUS$2.6b20.3x31.4x6.8x
Sat, 20 May 2023US$81.7bUS$12.2bUS$2.6b19.6x31.2x6.7x
Mon, 17 Apr 2023US$84.4bUS$12.8bUS$2.1b24.6x41x6.6x
Wed, 15 Mar 2023US$1.3tUS$189.9bUS$38.8b24.6x32.4x6.6x
Fri, 10 Feb 2023US$1.3tUS$183.1bUS$42.7b25.9x31.5x7.4x
Sun, 08 Jan 2023US$1.3tUS$183.4bUS$44.0b25.7x28.8x6.9x
Tue, 06 Dec 2022US$1.3tUS$183.5bUS$44.0b26x29.2x7x
Thu, 03 Nov 2022US$1.2tUS$180.3bUS$42.8b27.7x28.2x6.7x
Sat, 01 Oct 2022US$1.2tUS$177.4bUS$40.0b25.8x29.7x6.7x
Mon, 29 Aug 2022US$1.4tUS$177.4bUS$40.0b31.2x35x7.9x
Wed, 27 Jul 2022US$1.4tUS$168.9bUS$38.3b31.7x36.1x8.2x
Price to Earnings Ratio

36.1x


Total Market Cap: US$1.4tTotal Earnings: US$38.3bTotal Revenue: US$168.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. REITS Industry Price to Earnings3Y Average 50.8x202320242025
Current Industry PE
  • Investors are relatively neutral on the American 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 PE ratio of 50.8x.
  • The industry is trading close to its 3-year average PS ratio of 5.5x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 75% per year over the last three years,
  • Revenues have also declined 67% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

US Market0.93%
Real Estate-0.0099%
REITS-2.97%
Healthcare REITs1.42%
Residential REITs0.22%
Retail REITs-0.10%
Specialized REITs-0.84%
Industrial REITs-2.16%
Office REITs-2.83%
Hotel and Resort REITs-2.86%
Diversified REITs-2.97%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry which is trading above its 3-year average PE ratio of 254x.
    • Analysts are expecting annual earnings growth of 20.9%, which is lower than the prior year's growth of 43.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 21% over the next 5 years.
  • However this is lower than its past earnings growth rate of 44% per year.
  • In contrast, the Office REITs industry is expected to see its earnings decline by 2.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SQFT Presidio Property TrustUS$7.4044.8%
+US$2.8m
2.8%PB0.3x
AHH Armada Hoffler PropertiesUS$7.080.3%
+US$1.6m
-39.0%PB1.2x
MKZR MacKenzie Realty CapitalUS$0.670.06%
+US$6.3k
-76.5%PB0.2x

Latest News