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U.S. Real Estate Sector Analysis

UpdatedMay 21, 2025
DataAggregated Company Financials
Companies286
  • 7D1.1%
  • 3M-3.6%
  • 1Y6.2%
  • YTD0.9%

Over the last 7 days, the Real Estate industry has remained flat, although notably American Tower gained 5.6%. The past year has been better, since the industry has gained 6.7% in that time. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

Has the U.S. Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 May 2025US$1.5tUS$326.5bUS$29.8b28.4x50.9x4.6x
Fri, 18 Apr 2025US$1.4tUS$321.6bUS$28.7b29.9x50.1x4.5x
Sun, 16 Mar 2025US$1.5tUS$319.9bUS$28.8b31.3x52.5x4.7x
Tue, 11 Feb 2025US$1.6tUS$320.7bUS$28.1b31.7x55.9x4.9x
Thu, 09 Jan 2025US$1.5tUS$320.0bUS$27.4b30.7x54.7x4.7x
Sat, 07 Dec 2024US$1.6tUS$320.0bUS$27.4b34.4x59.5x5.1x
Mon, 04 Nov 2024US$1.6tUS$317.5bUS$26.9b33.7x59.1x5x
Wed, 02 Oct 2024US$1.7tUS$315.7bUS$27.2b34.1x61x5.2x
Fri, 30 Aug 2024US$1.6tUS$314.7bUS$27.1b34x58.6x5x
Sun, 28 Jul 2024US$1.5tUS$311.7bUS$26.7b32.7x56.4x4.8x
Tue, 25 Jun 2024US$1.4tUS$306.5bUS$27.7b30.7x50.2x4.5x
Thu, 23 May 2024US$1.4tUS$306.9bUS$27.9b30.4x50.4x4.6x
Sat, 20 Apr 2024US$1.3tUS$306.6bUS$28.0b29x46.7x4.3x
Mon, 18 Mar 2024US$1.4tUS$306.1bUS$28.2b29.2x49.7x4.6x
Wed, 14 Feb 2024US$1.4tUS$306.5bUS$26.6b29.9x51x4.4x
Fri, 12 Jan 2024US$1.5tUS$323.0bUS$26.6b30.7x56.3x4.6x
Sun, 10 Dec 2023US$1.4tUS$323.1bUS$26.5b29.7x52.7x4.3x
Tue, 07 Nov 2023US$1.3tUS$323.9bUS$28.0b27.5x47.5x4.1x
Thu, 05 Oct 2023US$1.3tUS$325.2bUS$31.5b26.4x41.1x4x
Sat, 02 Sep 2023US$1.4tUS$319.6bUS$27.6b29.2x49.3x4.3x
Mon, 31 Jul 2023US$1.4tUS$326.3bUS$34.3b27.4x41.7x4.4x
Wed, 28 Jun 2023US$1.4tUS$322.8bUS$34.0b23.9x41.6x4.4x
Fri, 26 May 2023US$1.3tUS$314.8bUS$35.5b22.9x36.2x4.1x
Sun, 23 Apr 2023US$1.3tUS$316.8bUS$36.9b24.4x36.4x4.2x
Tue, 21 Mar 2023US$175.4bUS$137.5bUS$2.1b15x82.5x1.3x
Thu, 16 Feb 2023US$1.5tUS$312.2bUS$42.5b25.4x34.4x4.7x
Sat, 14 Jan 2023US$1.4tUS$311.5bUS$45.1b24.5x31.5x4.6x
Mon, 12 Dec 2022US$1.4tUS$311.2bUS$45.1b24.7x30.4x4.4x
Wed, 09 Nov 2022US$1.3tUS$311.8bUS$43.6b24.7x30x4.2x
Fri, 07 Oct 2022US$1.3tUS$307.4bUS$41.4b23.6x30.5x4.1x
Sun, 04 Sep 2022US$1.4tUS$307.6bUS$41.4b26.6x34.8x4.7x
Tue, 02 Aug 2022US$1.5tUS$296.8bUS$40.6b30.7x37.7x5.2x
Thu, 30 Jun 2022US$1.4tUS$294.6bUS$41.1b27.2x34.8x4.9x
Sat, 28 May 2022US$1.6tUS$295.3bUS$41.6b29.8x37.7x5.3x
Price to Earnings Ratio

37.7x


Total Market Cap: US$1.6tTotal Earnings: US$41.6bTotal Revenue: US$295.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Real Estate Sector Price to Earnings3Y Average 45.8x202320242025
Current Industry PE
  • Investors are optimistic on the American Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 50.9x which is higher than its 3-year average PE of 45.8x.
  • The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

US Market0.50%
Real Estate1.07%
Health Care REITs2.76%
Specialized REITs2.50%
Residential REITs1.66%
REITS1.03%
Office REITs0.78%
Retail REITs0.71%
Industrial REITs-0.50%
Real Estate-2.24%
Hotel and Resort REITs-4.00%
Industry PE
  • Investors are most optimistic about the Health Care REITs industry which is trading above its 3-year average PE ratio of 161x.
    • Analysts are expecting annual earnings growth of 23.2%, which is lower than the prior year's growth of 43.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Residential REITs industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AMT American TowerUS$215.405.6%
+US$5.4b
11.0%PB28.5x
WELL WelltowerUS$151.224.1%
+US$3.9b
49.6%PB2.9x
CCI Crown CastleUS$102.924.7%
+US$2.0b
2.2%PS6.9x
DLR Digital Realty TrustUS$170.132.6%
+US$1.5b
17.9%PB2.8x
EXR Extra Space StorageUS$152.063.4%
+US$1.1b
4.1%PB2.3x
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Latest News

RHP

US$96.99

Ryman Hospitality Properties

7D

-3.4%

1Y

-7.2%

AMT

US$215.40

American Tower

7D

5.6%

1Y

11.0%

O

US$56.20

Realty Income

7D

2.1%

1Y

2.0%

WY

US$26.21

Weyerhaeuser

7D

-1.8%

1Y

-15.8%

PLD

US$108.73

Prologis

7D

-0.9%

1Y

-1.7%

PSA

US$307.82

Public Storage

7D

1.9%

1Y

8.8%

ZG

US$66.33

Zillow Group

7D

-4.2%

1Y

58.7%

IRM

US$100.54

Iron Mountain

7D

3.2%

1Y

21.4%

HST

US$15.14

Host Hotels & Resorts

7D

-3.9%

1Y

-17.4%

WELL

US$151.22

Welltower

7D

4.1%

1Y

49.6%

CCI

US$102.92

Crown Castle

7D

4.7%

1Y

2.2%