undamentalytics Newsletter

Real Estate stocks

191 US-listed companies in the real estate sector reported $332.9bn of revenue in their latest fiscal years. CBRE Group is the largest, with $40.5bn. Among companies with at least $100m of revenue, the median grew 4.7% and kept 8.6% of revenue as net income.

Companies191
Combined revenue$332.9bn
Median revenue growth4.7%
Median net margin8.6%
Median return on equity4.8%

Largest real estate companies

#CompanyRevenueGrowthNet marginROEFiscal year
1 CBRE GroupCBRE $40.5bn 13.4% 2.9% 13.4% 2025
2 Jones Lang Lasalle IncJLL $26.1bn 11.4% 3.0% 11.1% 2025
3 KE Holdings Inc.BEKE $13.2bn 1.3% 3.2% 4.3% 2025
4 WelltowerWELL $10.8bn 35.6% 8.6% 2.5% 2025
5 American TowerAMT $10.6bn 5.1% 23.8% 71.9% 2025
6 EquinixEQIX $9.2bn 5.4% 14.6% 9.8% 2025
7 PrologisPLD $8.8bn 7.2% 37.9% 6.2% 2025
8 Compass, Inc.COMP $7.0bn 23.7% −0.8% −9.8% 2025
9 WeyerhaeuserWY $6.9bn −3.1% 4.7% 3.4% 2025
10 Iron MountainIRM $6.9bn 12.2% 2.1% — 2025
11 Simon Property GroupSPG $6.4bn 6.7% 72.7% 113.5% 2025
12 Host Hotels & ResortsHST $6.1bn 7.6% 12.5% 11.6% 2025
13 Digital RealtyDLR $6.1bn 10.0% 21.4% 5.9% 2025
14 VentasVTR $5.8bn 18.5% 4.3% 2.2% 2025
15 Realty IncomeO $5.7bn 9.1% 18.4% 2.7% 2025
16 Colliers International Group Inc.CIGI $5.6bn 15.3% 1.9% 7.2% 2025
17 Firstservice CorpFSV $5.5bn 5.4% 2.6% 11.3% 2025
18 Lineage, Inc.LINE $5.4bn 0.3% −1.9% −1.2% 2025
19 Public StoragePSA $4.8bn 2.7% 37.0% 18.8% 2025
20 Agnt, Inc.AGNT $4.8bn 4.5% −0.5% −10.1% 2025
21 Opendoor Technologies Inc.OPEN $4.4bn −15.2% −29.7% −151.3% 2025
22 Crown CastleCCI $4.3bn −4.4% 10.4% — 2025
23 Vici PropertiesVICI $4.0bn 4.1% 69.3% 10.2% 2025
24 BXP, Inc.BXP $3.5bn 2.2% 7.9% 5.2% 2025
25 Extra Space StorageEXR $3.4bn 3.7% 28.8% 7.1% 2025

Industries in real estate

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.