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U.S. Real Estate Sector Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies284
  • 7D1.5%
  • 3M0.07%
  • 1Y-2.3%
  • YTD1.0%

In the last week, the Real Estate industry is up 1.5%, with Simon Property Group leading the way, up 4.9%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Aug 2025US$1.5tUS$331.3bUS$30.9b28.7x48.6x4.5x
Wed, 16 Jul 2025US$1.5tUS$325.8bUS$29.9b30.2x50.4x4.6x
Fri, 13 Jun 2025US$1.5tUS$326.3bUS$29.9b29.4x50.4x4.6x
Sun, 11 May 2025US$1.5tUS$325.3bUS$29.8b28.8x50.1x4.6x
Tue, 08 Apr 2025US$1.4tUS$321.4bUS$28.7b28.1x49.3x4.4x
Thu, 06 Mar 2025US$1.6tUS$325.7bUS$30.0b32.8x53.7x5x
Sat, 01 Feb 2025US$1.6tUS$320.1bUS$27.7b31.9x56.1x4.9x
Mon, 30 Dec 2024US$1.5tUS$320.0bUS$27.4b31.9x55.5x4.8x
Wed, 27 Nov 2024US$1.6tUS$320.1bUS$27.4b35.5x59.1x5.1x
Fri, 25 Oct 2024US$1.6tUS$316.0bUS$27.0b34.3x60.6x5.2x
Sun, 22 Sep 2024US$1.6tUS$315.6bUS$27.2b33.7x60.5x5.2x
Tue, 20 Aug 2024US$1.5tUS$314.6bUS$27.2b33.2x56.5x4.9x
Thu, 18 Jul 2024US$1.5tUS$305.7bUS$27.1b32.9x54.6x4.8x
Sat, 15 Jun 2024US$1.4tUS$306.6bUS$27.7b30.6x50.3x4.6x
Mon, 13 May 2024US$1.4tUS$308.2bUS$27.8b31x49.7x4.5x
Wed, 10 Apr 2024US$1.4tUS$306.7bUS$27.8b30.6x50.7x4.6x
Fri, 08 Mar 2024US$1.4tUS$305.6bUS$28.2b29.9x50.5x4.7x
Sun, 04 Feb 2024US$1.5tUS$323.7bUS$26.9b29.5x53.9x4.5x
Tue, 02 Jan 2024US$1.5tUS$323.1bUS$26.6b30.9x56.9x4.7x
Thu, 30 Nov 2023US$1.4tUS$323.1bUS$26.5b28.3x52.2x4.3x
Sat, 28 Oct 2023US$1.2tUS$326.1bUS$30.3b24.9x40.6x3.8x
Mon, 25 Sep 2023US$1.3tUS$325.2bUS$31.5b27x42x4.1x
Wed, 23 Aug 2023US$1.4tUS$323.2bUS$31.2b28.4x43.7x4.2x
Fri, 21 Jul 2023US$1.4tUS$326.6bUS$34.7b25.7x41.6x4.4x
Sun, 18 Jun 2023US$1.4tUS$314.0bUS$35.5b24.3x38.5x4.4x
Tue, 16 May 2023US$1.3tUS$314.4bUS$34.8b23.4x38.5x4.3x
Thu, 13 Apr 2023US$1.3tUS$315.9bUS$38.1b24.3x35.4x4.3x
Sat, 11 Mar 2023US$1.3tUS$315.3bUS$38.0b23.3x34.7x4.2x
Mon, 06 Feb 2023US$1.5tUS$311.5bUS$43.6b26.2x34x4.8x
Wed, 04 Jan 2023US$1.3tUS$311.1bUS$45.2b23.2x29.4x4.3x
Fri, 02 Dec 2022US$1.4tUS$311.0bUS$45.1b25.1x31.1x4.5x
Sun, 30 Oct 2022US$1.3tUS$309.9bUS$42.1b25.7x31.5x4.3x
Tue, 27 Sep 2022US$1.3tUS$307.4bUS$41.4b24.2x31.1x4.2x
Thu, 25 Aug 2022US$1.5tUS$307.6bUS$41.4b28.7x36.6x4.9x
Price to Earnings Ratio

36.6x


Total Market Cap: US$1.5tTotal Earnings: US$41.4bTotal Revenue: US$307.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Real Estate Sector Price to Earnings3Y Average 46.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Real Estate 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 46.9x.
  • The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 9.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.5% 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 Market1.29%
Real Estate1.52%
Office REITs3.96%
Hotel and Resort REITs3.50%
Real Estate3.07%
Industrial REITs2.56%
Retail REITs2.54%
Residential REITs2.32%
Specialized REITs0.66%
REITS0.54%
Health Care REITs-1.14%
Industry PE
  • Investors are most optimistic about the Health Care REITs industry which is trading above its 3-year average PE ratio of 281x.
    • Analysts are expecting annual earnings growth of 24.3%, which is lower than the prior year's growth of 39.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Office REITs industry is expected to see its earnings decline by 14% 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
SPG Simon Property GroupUS$173.284.9%
+US$2.6b		8.4%PB23.5x
PLD PrologisUS$106.592.4%
+US$2.3b		-14.5%PB1.9x
CBRE CBRE GroupUS$158.933.5%
+US$1.6b		41.3%PE42.7x
ZG Zillow GroupUS$81.366.9%
+US$1.3b		51.7%PS8.3x
O Realty IncomeUS$58.481.9%
+US$996.6m		-3.9%PB1.4x

Latest News

O
US$58.48
Realty Income
7D
1.9%
1Y
-3.9%
ZG
US$81.36
Zillow Group
7D
6.9%
1Y
51.7%
WPC
US$65.13
W. P. Carey
7D
-0.7%
1Y
11.4%
CTRE
US$33.90
CareTrust REIT
7D
3.1%
1Y
20.3%
DLR
US$166.90
Digital Realty Trust
7D
-1.1%
1Y
12.3%
JLL
US$294.10
Jones Lang LaSalle
7D
6.6%
1Y
18.3%
CCI
US$101.69
Crown Castle
7D
-2.0%
1Y
-7.1%
LAMR
US$123.27
Lamar Advertising
7D
7.2%
1Y
3.0%
REG
US$71.02
Regency Centers
7D
-0.7%
1Y
0.7%
SPG
US$173.28
Simon Property Group
7D
4.9%
1Y
8.4%
VTR
US$67.77
Ventas
7D
-1.1%
1Y
16.0%
CBRE
US$158.93
CBRE Group
7D
3.5%
1Y
41.3%
CSGP
US$89.66
CoStar Group
7D
-3.1%
1Y
19.7%
WELL
US$162.90
Welltower
7D
-3.1%
1Y
41.0%
PLD
US$106.59
Prologis
7D
2.4%
1Y
-14.5%
VICI
US$32.50
VICI Properties
7D
-1.0%
1Y
1.3%