Operating leverage at work
Revenue growing +20.1% YoY vs OpEx +1.7% - 18.4pp operating leverage (OpMargin: 22.8%)
Measure REITs through AFFO, payout coverage, and cost of capital instead of depreciation-distorted earnings.
REITs are property cash-flow vehicles, not ordinary earnings stories. Depreciation distorts net income, dividend coverage matters, and the real economic questions sit in FFO, AFFO, balance-sheet quality, and cost of capital. The StatsAlpha(TM) REIT framework compares REITs through REIT-native cash metrics, peer percentile ranges, property-quality moat signals, and AFFO-based valuation logic. It is intended for informational analysis, not investment advice.
A quick read on where this framework looks strongest today.
Top slices selected from the strongest data already available for this industry.
Recurring storylines, tone distribution, and representative beats pulled from active companies inside this setup.
Revenue growing +20.1% YoY vs OpEx +1.7% - 18.4pp operating leverage (OpMargin: 22.8%)
Revenue up 36.9% YoY while gross margin expanded +4.3pp YoY to 28.7%
Revenue growing +25.5% YoY vs OpEx +8.8% - 16.7pp operating leverage (OpMargin: 35.8%)
For informational purposes only. Not investment advice.
Metrics that recur most often across stronger operators in this framework.
Equity REITs
This framework uses all three Trade-Off Ledger axes with industry-specific weights.
Each axis sets a minimum evidence threshold. Higher coverage means the framework needs more supporting signals before the lens is treated as dependable.
Coverage thresholds and enabled metrics across the core trade-off axes.
Median and interquartile range across 215 companies in this framework.
Interquartile ranges show where the middle half of companies cluster, with the median pin marking the center of gravity for each pillar.
Scan the full company universe mapped into the Real Estate Investment Trusts framework using live search across company name, ticker, and industry.
| Company | Market Cap | Score | Price | Strongest Pillar |
|---|---|---|---|---|
|
WELL
Welltower Inc.
REIT - Healthcare Facilities
|
171.05B
|
55.1
Composite
|
$237.32
|
Valuation
68.7
|
|
PLD
Prologis, Inc.
REIT - Industrial
|
118.18B
|
52.5
Composite
|
$126.45
|
Valuation
63.9
|
|
EQIX
Equinix, Inc.
REIT - Specialty
|
94.23B
|
50.7
Composite
|
$955.03
|
Valuation
57.8
|
|
REIT - Specialty
|
88.05B
|
56.5
Composite
|
$188.97
|
Profitability
61.3
|
|
REIT - Retail
|
68.61B
|
56.6
Composite
|
$211.63
|
Growth
62.0
|
|
REIT - Specialty
|
63.25B
|
48.0
Composite
|
$172.37
|
Growth
57.0
|
|
PSA
Public Storage
REIT - Industrial
|
54.29B
|
56.3
Composite
|
$309.89
|
Health
59.8
|
|
REIT - Retail
|
53.81B
|
51.6
Composite
|
$56.89
|
Efficiency
63.5
|
|
REIT - Retail
|
45.06B
|
55.7
Composite
|
$52.50
|
Growth
67.6
|
|
VTR
Ventas, Inc.
REIT - Healthcare Facilities
|
44.82B
|
44.5
Composite
|
$86.80
|
Valuation
56.1
|
|
REIT - Specialty
|
36.58B
|
39.9
Composite
|
$85.97
|
Efficiency
62.8
|
|
REIT - Industrial
|
35.44B
|
55.1
Composite
|
$19.63
|
Health
60.0
|
|
REIT - Specialty
|
32.74B
|
36.6
Composite
|
$109.96
|
Efficiency
56.1
|
|
REIT - Industrial
|
30.82B
|
55.1
Composite
|
$16.48
|
Health
60.0
|
|
REIT - Industrial
|
30.25B
|
43.9
Composite
|
$143.41
|
Valuation
48.8
|
|
REIT - Residential
|
26.31B
|
46.9
Composite
|
$65.90
|
Valuation
52.3
|
|
REIT - Residential
|
26.28B
|
40.9
Composite
|
$63.66
|
Valuation
47.2
|
|
VICI
VICI Properties Inc.
REIT - Diversified
|
26.16B
|
59.1
Composite
|
$23.76
|
Profitability
65.3
|
|
REIT - Specialty
|
23.82B
|
48.1
Composite
|
$19.91
|
Growth
64.3
|
|
REIT - Specialty
|
21.69B
|
48.1
Composite
|
$17.86
|
Growth
64.3
|
|
REIT - Specialty
|
19.60B
|
47.0
Composite
|
$184.75
|
Efficiency
60.4
|
|
REIT - Residential
|
18.15B
|
49.9
Composite
|
$278.35
|
Efficiency
73.8
|
|
REIT - Hotel & Motel
|
17.17B
|
65.3
Composite
|
$24.72
|
Profitability
74.0
|
|
REIT - Residential
|
16.33B
|
49.3
Composite
|
$27.54
|
Valuation
53.3
|
|
REIT - Retail
|
15.89B
|
46.1
Composite
|
$23.62
|
Valuation
52.1
|
|
REIT - Specialty
|
15.74B
|
52.5
Composite
|
$155.02
|
Health
55.9
|
|
REIT - Residential
|
14.93B
|
36.1
Composite
|
$120.24
|
Efficiency
51.7
|
|
REIT - Diversified
|
14.56B
|
58.1
Composite
|
$63.90
|
Profitability
66.5
|
|
REIT - Specialty
|
14.05B
|
39.5
Composite
|
$19.49
|
Health
48.9
|
|
REIT - Healthcare Facilities
|
14.03B
|
55.6
Composite
|
$46.23
|
Profitability
64.9
|
|
REIT - Residential
|
13.90B
|
45.5
Composite
|
$119.78
|
Valuation
54.3
|
|
REIT - Retail
|
13.80B
|
49.1
Composite
|
$73.98
|
Health
55.3
|
|
REIT - Healthcare Facilities
|
13.52B
|
44.1
Composite
|
$19.25
|
Efficiency
57.9
|
|
REIT - Healthcare Facilities
|
12.26B
|
47.6
Composite
|
$53.02
|
Growth
70.0
|
|
REIT - Residential
|
11.99B
|
42.6
Composite
|
$49.96
|
Health
45.8
|
|
REIT - Residential
|
11.87B
|
50.2
Composite
|
$60.84
|
Valuation
64.8
|
|
UDR
UDR, Inc.
REIT - Residential
|
11.62B
|
46.0
Composite
|
$35.84
|
Valuation
50.6
|
|
REIT - Specialty
|
11.51B
|
53.7
Composite
|
$39.55
|
Health
64.5
|
|
REIT - Residential
|
11.49B
|
48.8
Composite
|
$31.92
|
Efficiency
61.1
|
|
REIT - Industrial
|
10.68B
|
51.4
Composite
|
$199.02
|
Valuation
56.1
|
|
REIT - Residential
|
10.26B
|
40.3
Composite
|
$102.00
|
Efficiency
50.0
|
|
BXP
BXP, Inc.
REIT - Office
|
9.91B
|
51.4
Composite
|
$62.10
|
Valuation
56.0
|
|
REIT - Retail
|
9.50B
|
46.6
Composite
|
$108.72
|
Health
54.0
|
|
REIT - Office
|
9.34B
|
50.8
Composite
|
$16.36
|
Valuation
73.1
|
|
REIT - Office
|
9.24B
|
50.8
Composite
|
$16.28
|
Valuation
73.1
|
|
CUBE
CubeSmart
REIT - Industrial
|
9.08B
|
40.8
Composite
|
$40.16
|
Valuation
48.8
|
|
REIT - Retail
|
8.69B
|
49.6
Composite
|
$66.70
|
Valuation
55.4
|
|
CTRE
CareTrust REIT, Inc.
REIT - Healthcare Facilities
|
8.65B
|
58.7
Composite
|
$36.62
|
Profitability
64.6
|
|
REIT - Retail
|
8.63B
|
43.8
Composite
|
$28.13
|
Efficiency
53.5
|
|
REIT - Hotel & Motel
|
8.29B
|
64.1
Composite
|
$130.38
|
Profitability
71.3
|
|
REIT - Residential
|
8.15B
|
49.0
Composite
|
$21.81
|
Efficiency
61.3
|
|
REIT - Industrial
|
8.09B
|
27.5
Composite
|
$38.71
|
Valuation
37.8
|
|
NNN
NNN REIT, Inc.
REIT - Retail
|
8.01B
|
47.9
Composite
|
$41.72
|
Valuation
55.5
|
|
LINE
Lineage, Inc.
REIT - Industrial
|
7.99B
|
33.6
Composite
|
$35.36
|
Valuation
39.8
|
|
REIT - Retail
|
7.86B
|
44.5
Composite
|
$18.01
|
Health
52.3
|
|
REIT - Residential
|
7.81B
|
49.0
Composite
|
$20.27
|
Efficiency
61.3
|
|
REIT - Office
|
7.50B
|
41.1
Composite
|
$43.02
|
Efficiency
47.9
|
|
REIT - Industrial
|
7.33B
|
48.3
Composite
|
$54.44
|
Valuation
58.0
|
|
REIT - Industrial
|
7.10B
|
48.9
Composite
|
$65.15
|
Valuation
53.9
|
|
REIT - Industrial
|
7.08B
|
40.1
Composite
|
$36.43
|
Growth
47.1
|
|
REIT - Retail
|
6.79B
|
36.9
Composite
|
$24.10
|
Valuation
51.3
|
|
REIT - Retail
|
6.48B
|
44.3
Composite
|
$18.91
|
Health
49.4
|
|
REIT - Office
|
6.41B
|
52.5
Composite
|
$34.80
|
Valuation
69.8
|
|
REIT - Retail
|
6.27B
|
44.3
Composite
|
$18.80
|
Health
49.4
|
|
REIT - Healthcare Facilities
|
6.23B
|
39.7
Composite
|
$17.95
|
Efficiency
58.7
|
|
REIT - Office
|
5.94B
|
38.5
Composite
|
$21.09
|
Growth
48.8
|
|
REIT - Retail
|
5.68B
|
54.1
Composite
|
$26.67
|
Valuation
59.2
|
|
REIT - Specialty
|
5.58B
|
44.6
Composite
|
$18.65
|
Valuation
56.6
|
|
REIT - Specialty
|
5.47B
|
48.5
Composite
|
$31.03
|
Valuation
58.9
|
|
REIT - Healthcare Facilities
|
5.00B
|
42.9
Composite
|
$19.56
|
Efficiency
59.6
|
|
REIT - Retail
|
4.96B
|
47.7
Composite
|
$24.68
|
Valuation
57.1
|
|
REIT - Retail
|
4.93B
|
46.7
Composite
|
$38.36
|
Efficiency
54.1
|
|
REIT - Specialty
|
4.77B
|
49.6
Composite
|
$19.25
|
Growth
58.1
|
|
REIT - Office
|
4.75B
|
49.8
Composite
|
$28.87
|
Efficiency
73.2
|
|
REIT - Office
|
4.38B
|
41.0
Composite
|
$37.27
|
Efficiency
47.6
|
|
EPR
EPR Properties
REIT - Specialty
|
4.29B
|
48.5
Composite
|
$55.97
|
Profitability
52.5
|
|
REIT - Hotel & Motel
|
4.26B
|
57.9
Composite
|
$18.04
|
Profitability
64.4
|
|
SKT
Tanger Inc.
REIT - Retail
|
4.15B
|
53.0
Composite
|
$36.44
|
Health
64.5
|
|
REIT - Industrial
|
4.13B
|
21.5
Composite
|
$14.47
|
Efficiency
41.1
|
|
REIT - Residential
|
3.96B
|
51.0
Composite
|
$23.86
|
Profitability
63.6
|
|
REIT - Office
|
3.91B
|
52.6
Composite
|
$33.93
|
Valuation
67.1
|
|
REXR-PB
Rexford Industrial Realty, Inc.
REIT - Industrial
|
3.64B
|
25.6
Composite
|
$21.25
|
Efficiency
35.1
|
|
REIT - Industrial
|
3.60B
|
38.5
Composite
|
$61.10
|
Valuation
50.6
|
|
REIT - Office
|
3.55B
|
39.0
Composite
|
$50.14
|
Valuation
48.8
|
|
REIT - Residential
|
3.53B
|
37.3
Composite
|
$14.96
|
Efficiency
54.5
|
|
REIT - Industrial
|
3.45B
|
38.0
Composite
|
$43.41
|
Valuation
46.3
|
|
REIT - Office
|
3.43B
|
50.6
Composite
|
$30.51
|
Efficiency
58.9
|
|
REIT - Diversified
|
3.37B
|
54.0
Composite
|
$17.36
|
Valuation
59.4
|
|
REIT - Retail
|
3.32B
|
53.0
Composite
|
$28.86
|
Efficiency
86.6
|
|
REIT - Healthcare Facilities
|
3.29B
|
57.8
Composite
|
$67.06
|
Efficiency
70.4
|
|
REIT - Hotel & Motel
|
3.29B
|
52.5
Composite
|
$16.35
|
Health
56.8
|
|
REIT - Hotel & Motel
|
2.96B
|
52.8
Composite
|
$19.88
|
Valuation
69.3
|
|
REIT - Hotel & Motel
|
2.95B
|
52.8
Composite
|
$19.67
|
Valuation
69.3
|
|
REIT - Hotel & Motel
|
2.82B
|
60.7
Composite
|
$13.76
|
Efficiency
72.1
|
|
REIT - Hotel & Motel
|
2.81B
|
55.3
Composite
|
$24.31
|
Growth
70.4
|
|
REIT - Healthcare Facilities
|
2.73B
|
33.2
Composite
|
$4.63
|
Health
43.1
|
|
REIT - Retail
|
2.58B
|
43.7
Composite
|
$18.78
|
Efficiency
56.9
|
|
REIT - Retail
|
2.47B
|
47.6
Composite
|
$19.33
|
Efficiency
66.6
|
|
REIT - Retail
|
2.43B
|
49.7
Composite
|
$22.15
|
Efficiency
52.0
|
|
REIT - Healthcare Facilities
|
2.36B
|
50.3
Composite
|
$43.75
|
Growth
61.7
|
|
REIT - Retail
|
2.35B
|
46.3
Composite
|
$30.08
|
Efficiency
81.4
|
|
REIT - Hotel & Motel
|
2.33B
|
51.9
Composite
|
$20.39
|
Valuation
59.9
|
|
REIT - Hotel & Motel
|
2.33B
|
59.7
Composite
|
$12.51
|
Efficiency
74.3
|
|
REIT - Industrial
|
2.30B
|
36.5
Composite
|
$22.80
|
Efficiency
50.2
|
|
REIT - Industrial
|
1.98B
|
35.3
Composite
|
$49.38
|
Efficiency
50.9
|
|
REIT - Healthcare Facilities
|
1.90B
|
26.1
Composite
|
$7.86
|
Health
41.5
|
|
REIT - Hotel & Motel
|
1.82B
|
53.7
Composite
|
$12.06
|
Valuation
57.8
|
|
REIT - Hotel & Motel
|
1.80B
|
46.6
Composite
|
$19.51
|
Valuation
56.2
|
|
REIT - Residential
|
1.78B
|
34.0
Composite
|
$18.99
|
Valuation
47.4
|
|
NTST
NetSTREIT Corp.
REIT - Retail
|
1.77B
|
50.3
Composite
|
$17.35
|
Efficiency
64.2
|
|
REIT - Retail
|
1.73B
|
50.1
Composite
|
$28.01
|
Efficiency
61.8
|
|
REIT - Office
|
1.69B
|
45.6
Composite
|
$10.17
|
Efficiency
51.3
|
|
REIT - Healthcare Facilities
|
1.67B
|
46.9
Composite
|
$30.31
|
Efficiency
59.2
|
|
REIT - Retail
|
1.54B
|
47.7
Composite
|
$49.91
|
Growth
55.0
|
|
REIT - Diversified
|
1.54B
|
46.9
Composite
|
$7.20
|
Efficiency
62.5
|
|
REIT - Retail
|
1.52B
|
36.9
Composite
|
$20.84
|
Valuation
43.1
|
|
REIT - Industrial
|
1.49B
|
51.0
Composite
|
$54.21
|
Profitability
55.2
|
|
REIT - Diversified
|
1.47B
|
48.1
Composite
|
$21.29
|
Efficiency
69.5
|
|
REIT - Office
|
1.46B
|
41.5
Composite
|
$4.85
|
Efficiency
60.2
|
|
REIT - Retail
|
1.38B
|
40.2
Composite
|
$19.25
|
Efficiency
45.9
|
|
REIT - Office
|
1.35B
|
41.1
Composite
|
$4.76
|
Efficiency
60.4
|
|
REIT - Residential
|
1.32B
|
45.9
Composite
|
$15.47
|
Health
58.9
|
|
REIT - Diversified
|
1.31B
|
46.9
Composite
|
$21.36
|
Health
51.2
|
|
REIT - Retail
|
1.27B
|
39.7
Composite
|
$248.39
|
Valuation
53.3
|
|
UNIT
Uniti Group Inc.
REIT - Specialty
|
1.23B
|
34.4
Composite
|
$5.07
|
Growth
48.2
|
|
REIT - Office
|
1.21B
|
40.2
Composite
|
$9.68
|
Growth
51.5
|
|
REIT - Office
|
1.20B
|
41.6
Composite
|
$4.92
|
Efficiency
60.7
|
|
REIT - Office
|
1.07B
|
47.7
Composite
|
$22.67
|
Efficiency
63.7
|
|
WSR
Whitestone REIT
REIT - Retail
|
986.97M
|
37.7
Composite
|
$18.99
|
Health
44.9
|
|
REIT - Industrial
|
979.20M
|
25.1
Composite
|
$21.98
|
Efficiency
52.8
|
|
REIT - Residential
|
956.80M
|
37.3
Composite
|
$56.97
|
Efficiency
45.2
|
|
REIT - Diversified
|
853.50M
|
41.8
Composite
|
$5.01
|
Efficiency
51.7
|
|
REIT - Hotel & Motel
|
850.87M
|
50.2
Composite
|
$17.31
|
Efficiency
67.1
|
|
IIPR-PA
Innovative Industrial Propertie
REIT - Industrial
|
818.56M
|
53.7
Composite
|
$23.91
|
Growth
57.8
|
|
REIT - Hotel & Motel
|
796.48M
|
31.4
Composite
|
$6.15
|
Efficiency
44.7
|
|
SAFE
Safehold Inc. New
REIT - Diversified
|
795.27M
|
48.2
Composite
|
$11.23
|
Valuation
60.6
|
|
REIT - Office
|
780.45M
|
31.0
Composite
|
$20.99
|
Efficiency
57.8
|
|
REIT - Hotel & Motel
|
744.20M
|
49.7
Composite
|
$6.90
|
Efficiency
68.2
|
|
REIT - Diversified
|
741.46M
|
50.1
Composite
|
$19.78
|
Growth
55.2
|
|
REIT - Retail
|
729.60M
|
41.3
Composite
|
$29.35
|
Efficiency
47.5
|
|
JBGS
JBG SMITH Properties
REIT - Office
|
667.20M
|
31.7
Composite
|
$11.57
|
Valuation
46.1
|
|
REIT - Office
|
662.14M
|
55.6
Composite
|
$21.91
|
Growth
68.7
|
|
REIT - Hotel & Motel
|
653.30M
|
55.1
Composite
|
$14.03
|
Efficiency
71.6
|
|
REIT - Diversified
|
581.85M
|
52.3
Composite
|
$12.01
|
Valuation
55.5
|
|
REIT - Office
|
574.20M
|
29.3
Composite
|
$11.00
|
Efficiency
51.3
|
|
REIT - Healthcare Facilities
|
523.56M
|
48.3
Composite
|
$37.67
|
Efficiency
54.1
|
|
REIT - Office
|
515.00M
|
31.7
Composite
|
$2.95
|
Efficiency
47.0
|
|
REIT - Diversified
|
487.79M
|
56.3
Composite
|
$22.35
|
Valuation
63.5
|
|
REIT - Diversified
|
486.70M
|
41.8
Composite
|
$6.09
|
Health
57.2
|
|
REIT - Residential
|
481.24M
|
37.2
Composite
|
$18.76
|
Valuation
48.1
|
|
REIT - Industrial
|
470.56M
|
31.1
Composite
|
$7.05
|
Health
38.1
|
|
REIT - Healthcare Facilities
|
465.70M
|
35.3
Composite
|
$35.13
|
Efficiency
56.0
|
|
REIT - Residential
|
449.91M
|
47.5
Composite
|
$20.90
|
Health
58.9
|
|
REIT - Specialty
|
447.55M
|
38.9
Composite
|
$10.25
|
Valuation
57.4
|
|
REIT - Diversified
|
433.85M
|
53.3
Composite
|
$17.74
|
Efficiency
86.6
|
|
REIT - Specialty
|
382.62M
|
34.6
Composite
|
$8.87
|
Efficiency
65.0
|
|
REIT - Healthcare Facilities
|
370.50M
|
45.4
Composite
|
$13.00
|
Efficiency
62.9
|
|
REIT - Hotel & Motel
|
292.68M
|
50.4
Composite
|
$12.24
|
Profitability
56.4
|
|
REIT - Retail
|
284.75M
|
48.6
Composite
|
$16.16
|
Growth
72.5
|
|
REIT - Office
|
282.10M
|
33.6
Composite
|
$6.99
|
Efficiency
50.2
|
|
REIT - Office
|
266.08M
|
24.3
Composite
|
$12.12
|
Efficiency
66.0
|
|
REIT - Residential
|
248.30M
|
36.1
Composite
|
$13.24
|
Health
54.0
|
|
REIT - Residential
|
234.49M
|
48.3
Composite
|
$1.63
|
Profitability
61.1
|
|
REIT - Hotel & Motel
|
230.58M
|
50.4
Composite
|
$15.39
|
Profitability
56.4
|
|
REIT - Diversified
|
219.12M
|
35.4
Composite
|
$4.89
|
Growth
56.5
|
|
SITC
SITE Centers Corp.
REIT - Retail
|
196.26M
|
33.6
Composite
|
$3.74
|
Health
64.6
|
|
REIT - Healthcare Facilities
|
181.07M
|
47.4
Composite
|
$12.67
|
Efficiency
53.9
|
|
REIT - Industrial
|
179.53M
|
47.8
Composite
|
$18.13
|
Valuation
52.6
|
|
ELME
Elme Communities
REIT - Residential
|
157.30M
|
31.5
Composite
|
$1.77
|
Efficiency
56.2
|
|
REIT - Office
|
142.51M
|
34.0
Composite
|
$9.62
|
Efficiency
52.2
|
|
REIT - Office
|
124.93M
|
38.1
Composite
|
$2.19
|
Profitability
44.3
|
|
REIT - Hotel & Motel
|
112.34M
|
43.2
Composite
|
$4.76
|
Profitability
57.0
|
|
REIT - Hotel & Motel
|
111.36M
|
43.2
Composite
|
$4.84
|
Profitability
57.0
|
|
REIT - Hotel & Motel
|
110.51M
|
43.2
Composite
|
$4.58
|
Profitability
57.0
|
|
REIT - Hotel & Motel
|
109.74M
|
43.2
Composite
|
$5.16
|
Profitability
57.0
|
|
REIT - Hotel & Motel
|
107.09M
|
43.2
Composite
|
$4.98
|
Profitability
57.0
|
|
REIT - Hotel & Motel
|
98.20M
|
46.8
Composite
|
$1.41
|
Profitability
56.3
|
|
REIT - Hotel & Motel
|
68.26M
|
39.9
Composite
|
$3.60
|
Health
56.7
|
|
REIT - Hotel & Motel
|
68.07M
|
39.7
Composite
|
$3.20
|
Health
56.4
|
|
REIT - Hotel & Motel
|
64.23M
|
39.9
Composite
|
$3.60
|
Health
57.1
|
|
REIT - Specialty
|
55.74M
|
45.3
Composite
|
$4.88
|
Efficiency
56.2
|
|
CLPR
Clipper Realty Inc.
REIT - Residential
|
49.60M
|
34.0
Composite
|
$3.07
|
Health
44.2
|
|
REIT - Office
|
46.88M
|
27.1
Composite
|
$0.45
|
Efficiency
58.4
|
|
SOHO
Sotherly Hotels Inc.
REIT - Hotel & Motel
|
46.10M
|
31.8
Composite
|
$2.25
|
Health
50.8
|
|
REIT - Residential
|
32.86M
|
35.5
Composite
|
$8.04
|
Growth
51.3
|
|
REIT - Diversified
|
21.19M
|
36.4
Composite
|
$9.46
|
Health
45.1
|
|
REIT - Hotel & Motel
|
18.51M
|
38.5
Composite
|
$2.82
|
Profitability
50.4
|
|
REIT - Office
|
13.19M
|
31.4
Composite
|
$3.13
|
Health
42.0
|
|
REIT - Hotel & Motel
|
12.46M
|
33.0
Composite
|
$1.11
|
Growth
45.8
|
|
REIT - Retail
|
7.12M
|
44.6
Composite
|
$12.85
|
Valuation
64.0
|
|
REIT - Specialty
|
2.33M
|
46.9
Composite
|
$6.35
|
Health
59.5
|
|
REIT - Diversified
|
1.05M
|
34.0
Composite
|
$0.80
|
Efficiency
44.8
|
|
REIT - Diversified
|
679,376
|
29.4
Composite
|
$0.36
|
Efficiency
56.7
|
|
REIT - Retail
|
30,625
|
46.0
Composite
|
$0.36
|
Growth
52.0
|
|
REIT - Diversified
|
-
|
44.8
Composite
|
$21.61
|
Growth
53.3
|
|
REIT - Office
|
-
|
35.7
Composite
|
$25.37
|
Efficiency
50.2
|
|
EQC
Equity
REIT - Office
|
-
|
63.5
Composite
|
-
|
Valuation
78.2
|
|
REIT - Diversified
|
-
|
32.2
Composite
|
$0.01
|
Efficiency
56.7
|
|
REIT - Diversified
|
-
|
51.1
Composite
|
$20.12
|
Profitability
53.7
|
|
REIT - Specialty
|
-
|
28.6
Composite
|
$25.07
|
Health
31.8
|
|
REIT - Specialty
|
-
|
33.5
Composite
|
$19.46
|
Efficiency
65.0
|
|
REIT - Specialty
|
-
|
33.5
Composite
|
$19.58
|
Efficiency
65.0
|
|
GMRE-PA
Global Medical REIT Inc. Series
REIT - Healthcare Facilities
|
-
|
38.9
Composite
|
$24.10
|
Efficiency
63.1
|
|
GRP-UN
Granite Real Estate Inc.
REIT - Industrial
|
-
|
47.9
Composite
|
-
|
Valuation
78.9
|
|
REIT - Healthcare Facilities
|
-
|
36.7
Composite
|
$25.44
|
Growth
61.5
|
|
REIT - Healthcare Facilities
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Healthcare Facilities
|
-
|
37.7
Composite
|
$25.24
|
Growth
61.5
|
|
REIT - Office
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Specialty
|
-
|
39.6
Composite
|
$41.73
|
Health
48.5
|
|
REIT - Diversified
|
-
|
35.4
Composite
|
$6.23
|
Efficiency
44.8
|
|
REIT - Diversified
|
-
|
35.4
Composite
|
$0.01
|
Efficiency
44.8
|
|
REIT - Retail
|
-
|
47.6
Composite
|
$20.38
|
Health
55.4
|
|
REIT - Retail
|
-
|
47.6
Composite
|
$21.84
|
Health
55.4
|
|
REIT - Retail
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Retail
|
-
|
44.1
Composite
|
$35.95
|
Valuation
64.0
|
Try a broader company name, ticker, sector, or industry keyword.
This framework combines industry-specific diagnostics, moat context, and peer benchmarks so each signal stays grounded in how this business model actually compounds.
We group equity REITs into a dedicated framework because GAAP earnings understate the economics of income-producing real estate. The money-flow layer starts with property revenue and operating expense, then rebuilds owner cash through net income, depreciation add-backs, FFO, maintenance-adjusted AFFO, and dividend payout coverage.
The peer and trade-off layers give extra weight to FFO and AFFO growth, per-share cash metrics, leverage, interest coverage, cost of funds, and payout safety. That reflects how REIT investors usually judge durability: not by generic EPS alone, but by the quality and resilience of cash available for distribution.
The StatsAlpha(TM) moat framework then asks whether a REIT has rent pricing power, high-quality assets, efficient operations, disciplined capital recycling, and an advantaged balance sheet. Valuation follows the same logic by using an AFFO-based engine with terminal multiple, cap-rate, or perpetuity-style outputs rather than a standard corporate DCF. This framework is for informational purposes only, not investment advice.
Each layer answers a different question: where value is created, what protects it, and how execution compares with the rest of the coverage set.
Benchmarks and narrative cues are meant to clarify what the framework is seeing in the data. They are not investment advice.
Coverage starts with the companies that actually operate inside this business model, so peer comparisons stay relevant instead of generic.
The Real Estate Investment Trust layer isolates the cash-flow mechanics, capital demands, and operating risk that matter most for this industry.
We then layer in REIT Specialized, pillar ranges, and peer leaders to show what strong execution looks like relative to the broader cohort.