Scaling without slippage
Revenue up 61.6% YoY while gross margin expanded +229.1pp TTM to 329.1%
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 up 61.6% YoY while gross margin expanded +229.1pp TTM to 329.1%
Revenue growing +19.7% YoY vs OpEx +1.0% - 18.7pp operating leverage (OpMargin: 1804.0%)
Revenue growing +61.6% YoY vs OpEx -17.8% - 79.4pp operating leverage (OpMargin: 466.2%)
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 282 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
|
149.27B
|
49.8
Composite
|
$211.45
|
Growth
64.9
|
|
PLD
Prologis, Inc.
REIT - Industrial
|
134.10B
|
47.2
Composite
|
$143.83
|
Growth
55.4
|
|
EQIX
Equinix, Inc.
REIT - Specialty
|
110.06B
|
48.9
Composite
|
$1,115.94
|
Valuation
55.5
|
|
REIT - Specialty
|
82.20B
|
56.9
Composite
|
$179.38
|
Profitability
67.2
|
|
REIT - Retail
|
69.58B
|
66.1
Composite
|
$214.57
|
Profitability
82.0
|
|
REIT - Specialty
|
68.71B
|
46.2
Composite
|
$195.54
|
Efficiency
66.3
|
|
REIT - Retail
|
56.49B
|
55.2
Composite
|
$60.58
|
Efficiency
93.3
|
|
PSA
Public Storage
REIT - Industrial
|
56.21B
|
61.1
Composite
|
$320.22
|
Profitability
71.2
|
|
REIT - Retail
|
45.06B
|
65.0
Composite
|
$55.00
|
Profitability
80.4
|
|
VTR
Ventas, Inc.
REIT - Healthcare Facilities
|
40.37B
|
50.2
Composite
|
$83.04
|
Valuation
64.3
|
|
REIT - Specialty
|
39.23B
|
31.9
Composite
|
$131.86
|
Efficiency
53.8
|
|
REIT - Specialty
|
36.28B
|
43.8
Composite
|
$83.12
|
Efficiency
60.4
|
|
REIT - Industrial
|
35.44B
|
56.1
Composite
|
$21.50
|
Health
60.5
|
|
REIT - Industrial
|
30.82B
|
60.2
Composite
|
$18.47
|
Profitability
70.0
|
|
REIT - Industrial
|
30.70B
|
46.7
Composite
|
$146.08
|
Valuation
53.5
|
|
VICI
VICI Properties Inc.
REIT - Diversified
|
27.89B
|
66.3
Composite
|
$26.09
|
Profitability
79.9
|
|
REIT - Residential
|
25.02B
|
56.0
Composite
|
$179.89
|
Efficiency
58.7
|
|
REIT - Residential
|
24.01B
|
57.1
Composite
|
$64.73
|
Profitability
68.8
|
|
REIT - Specialty
|
23.82B
|
50.0
Composite
|
$22.36
|
Efficiency
74.0
|
|
REIT - Specialty
|
21.69B
|
48.1
Composite
|
$20.19
|
Efficiency
64.2
|
|
REIT - Specialty
|
19.90B
|
58.6
Composite
|
$187.59
|
Efficiency
73.1
|
|
REIT - Residential
|
17.75B
|
58.3
Composite
|
$276.28
|
Profitability
64.1
|
|
REIT - Specialty
|
17.49B
|
29.6
Composite
|
$24.25
|
Valuation
41.9
|
|
REIT - Hotel & Motel
|
17.21B
|
58.1
Composite
|
$25.13
|
Profitability
65.5
|
|
REIT - Residential
|
16.89B
|
50.1
Composite
|
$28.44
|
Valuation
63.5
|
|
REIT - Retail
|
16.65B
|
46.8
Composite
|
$24.69
|
Health
50.4
|
|
REIT - Mortgage
|
16.24B
|
55.5
Composite
|
$22.16
|
Growth
66.8
|
|
REIT - Diversified
|
15.91B
|
62.6
Composite
|
$71.43
|
Profitability
71.8
|
|
REIT - Specialty
|
15.40B
|
52.4
Composite
|
$151.75
|
Valuation
59.8
|
|
REIT - Residential
|
15.38B
|
50.5
Composite
|
$132.13
|
Valuation
58.7
|
|
REIT - Residential
|
14.58B
|
47.4
Composite
|
$118.29
|
Valuation
54.2
|
|
REIT - Retail
|
14.16B
|
59.2
Composite
|
$77.36
|
Valuation
73.3
|
|
REIT - Healthcare Facilities
|
13.77B
|
45.2
Composite
|
$19.98
|
Efficiency
66.7
|
|
REIT - Healthcare Facilities
|
13.43B
|
60.9
Composite
|
$45.10
|
Profitability
74.0
|
|
REIT - Mortgage
|
13.30B
|
58.9
Composite
|
$25.05
|
Growth
83.2
|
|
REIT - Mortgage
|
13.16B
|
53.8
Composite
|
$25.53
|
Growth
82.7
|
|
REIT - Specialty
|
12.63B
|
57.1
Composite
|
$44.19
|
Valuation
66.5
|
|
UDR
UDR, Inc.
REIT - Residential
|
12.26B
|
52.5
Composite
|
$37.74
|
Valuation
62.4
|
|
REIT - Residential
|
12.03B
|
51.0
Composite
|
$62.01
|
Valuation
66.1
|
|
REIT - Residential
|
11.99B
|
45.0
Composite
|
$55.50
|
Profitability
53.4
|
|
REIT - Mortgage
|
11.92B
|
57.4
Composite
|
$25.08
|
Profitability
72.6
|
|
REIT - Mortgage
|
11.92B
|
58.0
Composite
|
$10.44
|
Profitability
70.7
|
|
REIT - Residential
|
11.43B
|
51.5
Composite
|
$32.46
|
Valuation
62.0
|
|
REIT - Residential
|
10.96B
|
53.1
Composite
|
$108.98
|
Valuation
57.9
|
|
REIT - Industrial
|
10.92B
|
55.1
Composite
|
$203.22
|
Growth
68.1
|
|
REIT - Retail
|
10.52B
|
55.3
Composite
|
$121.72
|
Valuation
62.5
|
|
BXP
BXP, Inc.
REIT - Office
|
10.35B
|
55.8
Composite
|
$64.91
|
Growth
63.1
|
|
REIT - Retail
|
9.48B
|
53.0
Composite
|
$31.18
|
Profitability
62.8
|
|
REIT - Office
|
9.34B
|
62.6
Composite
|
$17.72
|
Valuation
79.0
|
|
REIT - Office
|
9.24B
|
57.4
Composite
|
$17.65
|
Growth
68.2
|
|
LINE
Lineage, Inc.
REIT - Industrial
|
9.20B
|
30.7
Composite
|
$40.39
|
Valuation
46.6
|
|
CUBE
CubeSmart
REIT - Industrial
|
9.17B
|
45.3
Composite
|
$40.49
|
Valuation
56.8
|
|
REIT - Healthcare Facilities
|
9.09B
|
44.8
Composite
|
$48.67
|
Growth
65.6
|
|
REIT - Office
|
8.89B
|
38.3
Composite
|
$50.73
|
Efficiency
62.6
|
|
REIT - Mortgage
|
8.83B
|
56.8
Composite
|
$25.77
|
Profitability
72.0
|
|
REIT - Retail
|
8.80B
|
52.6
Composite
|
$74.37
|
Growth
57.2
|
|
CTRE
CareTrust REIT, Inc.
REIT - Healthcare Facilities
|
8.76B
|
65.4
Composite
|
$37.49
|
Efficiency
73.9
|
|
NNN
NNN REIT, Inc.
REIT - Retail
|
8.59B
|
53.4
Composite
|
$45.16
|
Profitability
65.1
|
|
REIT - Industrial
|
8.37B
|
51.0
Composite
|
$63.12
|
Valuation
61.7
|
|
REIT - Residential
|
8.15B
|
52.4
Composite
|
$23.94
|
Efficiency
68.3
|
|
REIT - Hotel & Motel
|
7.90B
|
65.1
Composite
|
$125.16
|
Profitability
71.2
|
|
REIT - Retail
|
7.86B
|
56.1
Composite
|
$19.79
|
Profitability
62.4
|
|
REIT - Residential
|
7.81B
|
52.1
Composite
|
$22.99
|
Efficiency
68.3
|
|
REIT - Industrial
|
7.53B
|
39.8
Composite
|
$33.37
|
Valuation
54.2
|
|
REIT - Industrial
|
7.38B
|
49.4
Composite
|
$38.58
|
Valuation
53.8
|
|
REIT - Office
|
7.07B
|
61.3
Composite
|
$37.58
|
Profitability
64.2
|
|
REIT - Industrial
|
6.89B
|
57.0
Composite
|
$64.79
|
Growth
64.9
|
|
REIT - Healthcare Facilities
|
6.86B
|
42.8
Composite
|
$20.16
|
Efficiency
62.5
|
|
REIT - Retail
|
6.48B
|
47.0
Composite
|
$20.05
|
Profitability
54.5
|
|
REIT - Retail
|
6.37B
|
56.5
Composite
|
$29.46
|
Growth
62.0
|
|
REIT - Specialty
|
6.29B
|
47.1
Composite
|
$20.91
|
Valuation
59.4
|
|
REIT - Retail
|
6.27B
|
46.8
Composite
|
$19.61
|
Profitability
54.5
|
|
REIT - Retail
|
6.18B
|
33.0
Composite
|
$24.04
|
Valuation
48.1
|
|
REIT - Mortgage
|
6.17B
|
51.3
Composite
|
$16.64
|
Efficiency
90.2
|
|
REIT - Office
|
5.94B
|
45.4
Composite
|
$21.50
|
Valuation
63.6
|
|
REIT - Retail
|
5.67B
|
47.1
Composite
|
$27.94
|
Valuation
60.8
|
|
REIT - Specialty
|
5.49B
|
41.8
Composite
|
$31.26
|
Valuation
58.7
|
|
REIT - Retail
|
5.13B
|
46.3
Composite
|
$41.09
|
Valuation
61.5
|
|
RITM
Rithm Capital Corp.
REIT - Mortgage
|
5.10B
|
44.5
Composite
|
$9.14
|
Efficiency
61.9
|
|
REIT - Specialty
|
4.77B
|
56.7
Composite
|
$21.15
|
Profitability
62.8
|
|
REIT - Residential
|
4.73B
|
52.6
Composite
|
$28.49
|
Profitability
58.2
|
|
REIT - Office
|
4.65B
|
47.3
Composite
|
$28.48
|
Efficiency
73.1
|
|
REIT - Healthcare Facilities
|
4.61B
|
52.7
Composite
|
$18.27
|
Efficiency
64.8
|
|
SKT
Tanger Inc.
REIT - Retail
|
4.51B
|
52.9
Composite
|
$39.30
|
Growth
64.4
|
|
EPR
EPR Properties
REIT - Specialty
|
4.44B
|
53.6
Composite
|
$58.04
|
Efficiency
65.8
|
|
REIT - Office
|
4.28B
|
45.9
Composite
|
$37.00
|
Health
49.0
|
|
REIT - Industrial
|
3.99B
|
21.9
Composite
|
$13.97
|
Valuation
31.9
|
|
REIT - Diversified
|
3.98B
|
52.3
Composite
|
$20.75
|
Valuation
57.2
|
|
REIT - Hotel & Motel
|
3.92B
|
59.2
Composite
|
$16.60
|
Profitability
71.4
|
|
REIT - Office
|
3.80B
|
54.4
Composite
|
$33.69
|
Growth
61.0
|
|
REIT - Mortgage
|
3.74B
|
34.2
Composite
|
$24.95
|
Efficiency
55.4
|
|
REIT - Residential
|
3.73B
|
42.5
Composite
|
$16.01
|
Valuation
54.1
|
|
REXR-PB
Rexford Industrial Realty, Inc.
REIT - Industrial
|
3.64B
|
37.8
Composite
|
$22.39
|
Growth
56.1
|
|
REIT - Office
|
3.53B
|
37.4
Composite
|
$49.57
|
Growth
47.8
|
|
REIT - Industrial
|
3.45B
|
40.0
Composite
|
$44.74
|
Efficiency
54.7
|
|
REIT - Healthcare Facilities
|
3.43B
|
54.8
Composite
|
$70.96
|
Efficiency
67.1
|
|
REIT - Mortgage
|
3.39B
|
45.7
Composite
|
$23.34
|
Valuation
52.9
|
|
REIT - Mortgage
|
3.38B
|
45.6
Composite
|
$23.38
|
Valuation
52.6
|
|
REIT - Mortgage
|
3.35B
|
34.5
Composite
|
$24.69
|
Efficiency
57.7
|
|
REIT - Office
|
3.24B
|
53.2
Composite
|
$29.38
|
Valuation
60.2
|
|
REIT - Mortgage
|
3.23B
|
45.4
Composite
|
$22.34
|
Valuation
51.6
|
|
REIT - Retail
|
3.21B
|
52.9
Composite
|
$30.42
|
Growth
67.3
|
|
REIT - Industrial
|
3.17B
|
44.0
Composite
|
$53.84
|
Profitability
48.3
|
|
REIT - Mortgage
|
3.04B
|
41.9
Composite
|
$18.01
|
Growth
58.3
|
|
REIT - Mortgage
|
3.02B
|
45.2
Composite
|
$21.34
|
Valuation
50.2
|
|
REIT - Hotel & Motel
|
2.96B
|
46.1
Composite
|
$20.31
|
Efficiency
65.2
|
|
REIT - Hotel & Motel
|
2.95B
|
45.9
Composite
|
$20.38
|
Efficiency
65.2
|
|
REIT - Hotel & Motel
|
2.93B
|
32.6
Composite
|
$14.57
|
Valuation
45.5
|
|
REIT - Retail
|
2.84B
|
43.9
Composite
|
$21.66
|
Valuation
59.1
|
|
UNIT
Uniti Group Inc.
REIT - Specialty
|
2.83B
|
45.6
Composite
|
$11.20
|
Profitability
65.8
|
|
REIT - Retail
|
2.82B
|
45.1
Composite
|
$22.35
|
Valuation
57.5
|
|
REIT - Mortgage
|
2.81B
|
59.3
Composite
|
$12.84
|
Growth
78.4
|
|
REIT - Hotel & Motel
|
2.81B
|
55.0
Composite
|
$25.09
|
Efficiency
64.1
|
|
REIT - Healthcare Facilities
|
2.73B
|
36.5
Composite
|
$4.63
|
Growth
55.0
|
|
REIT - Retail
|
2.69B
|
49.5
Composite
|
$34.46
|
Efficiency
69.7
|
|
REIT - Retail
|
2.68B
|
49.1
Composite
|
$24.40
|
Profitability
53.9
|
|
REIT - Mortgage
|
2.53B
|
52.6
Composite
|
$20.19
|
Valuation
64.4
|
|
REIT - Hotel & Motel
|
2.50B
|
57.4
Composite
|
$12.25
|
Efficiency
87.9
|
|
REIT - Industrial
|
2.30B
|
41.4
Composite
|
$22.56
|
Efficiency
56.3
|
|
REIT - Hotel & Motel
|
2.22B
|
54.9
Composite
|
$11.86
|
Efficiency
79.8
|
|
REIT - Healthcare Facilities
|
2.15B
|
20.7
Composite
|
$8.94
|
Health
45.8
|
|
REIT - Hotel & Motel
|
2.12B
|
44.3
Composite
|
$18.72
|
Health
52.7
|
|
REIT - Mortgage
|
2.05B
|
51.1
Composite
|
$16.55
|
Growth
64.5
|
|
REIT - Retail
|
1.99B
|
53.3
Composite
|
$32.83
|
Valuation
62.8
|
|
REIT - Industrial
|
1.98B
|
41.4
Composite
|
$46.33
|
Profitability
46.8
|
|
REIT - Office
|
1.96B
|
44.8
Composite
|
$11.72
|
Valuation
57.9
|
|
REIT - Diversified
|
1.95B
|
45.1
Composite
|
$9.08
|
Valuation
53.9
|
|
REIT - Mortgage
|
1.94B
|
61.4
Composite
|
$24.42
|
Valuation
72.0
|
|
NTST
NetSTREIT Corp.
REIT - Retail
|
1.89B
|
48.9
Composite
|
$19.42
|
Efficiency
87.5
|
|
REIT - Healthcare Facilities
|
1.87B
|
52.5
Composite
|
$36.51
|
Growth
61.7
|
|
REIT - Hotel & Motel
|
1.85B
|
49.2
Composite
|
$20.10
|
Health
56.7
|
|
REIT - Residential
|
1.78B
|
37.6
Composite
|
$18.99
|
Valuation
46.6
|
|
REIT - Hotel & Motel
|
1.73B
|
51.3
Composite
|
$11.36
|
Efficiency
80.7
|
|
REIT - Industrial
|
1.72B
|
51.1
Composite
|
$59.31
|
Valuation
57.4
|
|
REIT - Healthcare Facilities
|
1.68B
|
49.8
Composite
|
$30.34
|
Efficiency
83.8
|
|
REIT - Mortgage
|
1.67B
|
41.8
Composite
|
$13.30
|
Growth
50.3
|
|
REIT - Retail
|
1.53B
|
55.0
Composite
|
$49.60
|
Growth
58.9
|
|
REIT - Retail
|
1.52B
|
36.1
Composite
|
$20.84
|
Valuation
47.2
|
|
REIT - Diversified
|
1.49B
|
50.2
Composite
|
$24.35
|
Valuation
55.0
|
|
REIT - Diversified
|
1.47B
|
43.4
Composite
|
$23.14
|
Efficiency
62.2
|
|
REIT - Office
|
1.47B
|
50.9
Composite
|
$5.06
|
Profitability
54.3
|
|
REIT - Mortgage
|
1.45B
|
40.6
Composite
|
$22.35
|
Growth
58.6
|
|
REIT - Office
|
1.44B
|
51.5
Composite
|
$5.06
|
Growth
60.5
|
|
REIT - Mortgage
|
1.43B
|
47.8
Composite
|
$10.75
|
Valuation
59.3
|
|
REIT - Mortgage
|
1.43B
|
40.5
Composite
|
$22.78
|
Growth
58.6
|
|
REIT - Office
|
1.38B
|
49.6
Composite
|
$5.75
|
Growth
53.2
|
|
REIT - Retail
|
1.38B
|
46.3
Composite
|
$20.85
|
Health
52.3
|
|
REIT - Retail
|
1.34B
|
48.2
Composite
|
$265.44
|
Efficiency
67.7
|
|
REIT - Mortgage
|
1.33B
|
51.4
Composite
|
$6.62
|
Growth
82.1
|
|
LADR
Ladder Capital Corp
REIT - Mortgage
|
1.30B
|
47.9
Composite
|
$10.17
|
Efficiency
66.5
|
|
REIT - Mortgage
|
1.28B
|
36.5
Composite
|
$12.22
|
Efficiency
76.0
|
|
REIT - Residential
|
1.28B
|
44.9
Composite
|
$14.97
|
Health
56.5
|
|
REIT - Office
|
1.13B
|
31.4
Composite
|
$9.01
|
Health
40.7
|
|
REIT - Office
|
1.10B
|
48.9
Composite
|
$23.77
|
Efficiency
64.6
|
|
REIT - Mortgage
|
1.10B
|
42.0
Composite
|
$13.12
|
Valuation
53.6
|
|
SAFE
Safehold Inc. New
REIT - Diversified
|
1.09B
|
50.6
Composite
|
$15.21
|
Valuation
68.7
|
|
REIT - Hotel & Motel
|
1.07B
|
43.3
Composite
|
$1.66
|
Efficiency
55.3
|
|
REIT - Industrial
|
979.20M
|
26.8
Composite
|
$21.98
|
Efficiency
63.7
|
|
WSR
Whitestone REIT
REIT - Retail
|
973.90M
|
51.4
Composite
|
$18.95
|
Valuation
66.2
|
|
REIT - Mortgage
|
973.30M
|
40.3
Composite
|
$5.10
|
Efficiency
56.8
|
|
REIT - Mortgage
|
968.20M
|
51.4
Composite
|
$9.36
|
Valuation
60.4
|
|
REIT - Residential
|
929.90M
|
47.1
Composite
|
$55.34
|
Growth
71.5
|
|
REIT - Mortgage
|
893.80M
|
39.6
Composite
|
$9.94
|
Growth
65.5
|
|
REIT - Diversified
|
888.00M
|
54.8
Composite
|
$5.15
|
Health
59.7
|
|
REIT - Retail
|
877.60M
|
43.7
Composite
|
$35.77
|
Profitability
48.8
|
|
REIT - Hotel & Motel
|
850.87M
|
50.0
Composite
|
$18.05
|
Efficiency
76.1
|
|
JBGS
JBG SMITH Properties
REIT - Office
|
839.50M
|
29.0
Composite
|
$14.41
|
Valuation
46.1
|
|
IIPR-PA
Innovative Industrial Propertie
REIT - Industrial
|
818.56M
|
52.6
Composite
|
$24.45
|
Efficiency
65.1
|
|
REIT - Office
|
788.70M
|
26.6
Composite
|
$14.54
|
Efficiency
61.3
|
|
REIT - Office
|
780.45M
|
32.0
Composite
|
$20.99
|
Valuation
53.9
|
|
REIT - Mortgage
|
742.60M
|
55.0
Composite
|
$7.91
|
Valuation
66.9
|
|
REIT - Mortgage
|
716.50M
|
40.2
Composite
|
$5.50
|
Efficiency
65.7
|
|
REIT - Hotel & Motel
|
712.00M
|
48.4
Composite
|
$6.57
|
Efficiency
60.4
|
|
REIT - Diversified
|
692.90M
|
50.2
Composite
|
$20.51
|
Valuation
58.5
|
|
REIT - Residential
|
687.50M
|
40.2
Composite
|
$27.03
|
Valuation
53.8
|
|
REIT - Mortgage
|
660.20M
|
41.7
Composite
|
$8.54
|
Valuation
56.0
|
|
REIT - Mortgage
|
638.02M
|
46.9
Composite
|
$8.29
|
Efficiency
69.9
|
|
REIT - Office
|
630.17M
|
59.6
Composite
|
$23.01
|
Efficiency
90.5
|
|
REIT - Hotel & Motel
|
624.10M
|
53.8
Composite
|
$13.37
|
Efficiency
75.5
|
|
REIT - Mortgage
|
623.60M
|
29.5
Composite
|
$4.98
|
Valuation
38.9
|
|
REIT - Diversified
|
578.50M
|
49.3
Composite
|
$11.95
|
Health
58.7
|
|
REIT - Industrial
|
558.00M
|
32.0
Composite
|
$8.37
|
Health
45.9
|
|
REIT - Office
|
536.80M
|
29.0
Composite
|
$3.09
|
Efficiency
40.5
|
|
REIT - Healthcare Facilities
|
530.00M
|
53.3
Composite
|
$38.20
|
Efficiency
73.6
|
|
REIT - Diversified
|
523.90M
|
56.5
Composite
|
$24.01
|
Efficiency
61.4
|
|
REIT - Healthcare Facilities
|
500.00M
|
48.9
Composite
|
$17.50
|
Valuation
64.9
|
|
REIT - Diversified
|
486.70M
|
42.2
Composite
|
$6.09
|
Health
54.4
|
|
REIT - Healthcare Facilities
|
465.70M
|
41.0
Composite
|
$35.13
|
Efficiency
77.8
|
|
MITT-PA
AG Mortgage Investment Trust, I
REIT - Mortgage
|
458.61M
|
52.2
Composite
|
$22.24
|
Valuation
65.5
|
|
REIT - Residential
|
449.91M
|
48.6
Composite
|
$21.69
|
Growth
60.0
|
|
REIT - Mortgage
|
448.80M
|
34.7
Composite
|
$6.98
|
Efficiency
52.7
|
|
REIT - Diversified
|
446.47M
|
50.6
Composite
|
$19.71
|
Growth
75.4
|
|
REIT - Specialty
|
423.10M
|
48.8
Composite
|
$9.70
|
Valuation
61.2
|
|
REIT - Residential
|
417.22M
|
52.9
Composite
|
$2.92
|
Profitability
61.6
|
|
MITT-PB
AG Mortgage Investment Trust, I
REIT - Mortgage
|
410.62M
|
51.8
Composite
|
$21.35
|
Valuation
63.5
|
|
REIT - Mortgage
|
382.80M
|
30.9
Composite
|
$2.51
|
Efficiency
70.5
|
|
REIT - Specialty
|
373.60M
|
33.4
Composite
|
$8.59
|
Valuation
38.1
|
|
REIT - Retail
|
318.27M
|
45.1
Composite
|
$19.26
|
Valuation
60.2
|
|
REIT - Hotel & Motel
|
292.68M
|
44.8
Composite
|
$14.32
|
Health
54.4
|
|
CHMI-PB
Cherry Hill Mortgage Investment
REIT - Mortgage
|
291.77M
|
50.8
Composite
|
$24.36
|
Efficiency
67.0
|
|
REIT - Office
|
282.10M
|
40.8
Composite
|
$6.99
|
Efficiency
68.9
|
|
REIT - Mortgage
|
280.84M
|
54.1
Composite
|
$14.90
|
Growth
72.9
|
|
REIT - Residential
|
280.30M
|
39.8
Composite
|
$14.86
|
Health
57.8
|
|
REIT - Mortgage
|
264.40M
|
32.1
Composite
|
$1.60
|
Valuation
44.0
|
|
REIT - Mortgage
|
256.30M
|
38.6
Composite
|
$4.55
|
Valuation
59.3
|
|
REIT - Mortgage
|
248.70M
|
45.7
Composite
|
$7.82
|
Valuation
58.5
|
|
SITC
SITE Centers Corp.
REIT - Retail
|
247.20M
|
50.4
Composite
|
$4.71
|
Health
57.2
|
|
REIT - Mortgage
|
230.95M
|
59.5
Composite
|
$10.89
|
Efficiency
74.2
|
|
REIT - Hotel & Motel
|
230.58M
|
44.1
Composite
|
$17.25
|
Health
54.4
|
|
CHMI-PA
Cherry Hill Mortgage Investment
REIT - Mortgage
|
223.60M
|
50.0
Composite
|
$22.15
|
Efficiency
67.0
|
|
REIT - Diversified
|
219.12M
|
27.7
Composite
|
$4.41
|
Profitability
33.2
|
|
REIT - Mortgage
|
210.53M
|
41.6
Composite
|
$8.60
|
Valuation
53.5
|
|
REIT - Mortgage
|
185.51M
|
44.9
Composite
|
$8.21
|
Valuation
53.2
|
|
REIT - Industrial
|
182.63M
|
41.4
Composite
|
$17.69
|
Efficiency
69.2
|
|
REIT - Healthcare Facilities
|
179.11M
|
53.7
Composite
|
$13.50
|
Efficiency
61.7
|
|
ELME
Elme Communities
REIT - Residential
|
178.60M
|
34.7
Composite
|
$2.01
|
Efficiency
61.2
|
|
REIT - Office
|
170.95M
|
32.5
Composite
|
$11.54
|
Efficiency
73.9
|
|
REIT - Office
|
163.10M
|
16.1
Composite
|
$2.88
|
Efficiency
41.4
|
|
REIT - Hotel & Motel
|
142.90M
|
46.2
Composite
|
$2.03
|
Efficiency
63.3
|
|
CLPR
Clipper Realty Inc.
REIT - Residential
|
129.73M
|
32.0
Composite
|
$3.04
|
Valuation
37.8
|
|
REIT - Mortgage
|
125.80M
|
56.1
Composite
|
$18.05
|
Growth
90.7
|
|
REIT - Mortgage
|
112.88M
|
47.2
Composite
|
$8.35
|
Growth
61.9
|
|
REIT - Hotel & Motel
|
112.34M
|
29.3
Composite
|
$5.03
|
Growth
36.1
|
|
REIT - Hotel & Motel
|
111.36M
|
29.1
Composite
|
$6.23
|
Growth
36.1
|
|
REIT - Mortgage
|
111.00M
|
34.0
Composite
|
$14.28
|
Profitability
39.2
|
|
REIT - Hotel & Motel
|
110.51M
|
29.0
Composite
|
$5.10
|
Growth
36.1
|
|
REIT - Hotel & Motel
|
109.74M
|
28.9
Composite
|
$6.20
|
Growth
36.1
|
|
REIT - Hotel & Motel
|
107.09M
|
29.2
Composite
|
$5.09
|
Growth
36.1
|
|
REIT - Mortgage
|
85.60M
|
44.2
Composite
|
$2.29
|
Efficiency
77.1
|
|
REIT - Mortgage
|
76.94M
|
35.5
Composite
|
$3.19
|
Efficiency
77.7
|
|
REIT - Hotel & Motel
|
68.26M
|
32.4
Composite
|
$3.16
|
Health
48.2
|
|
REIT - Hotel & Motel
|
68.07M
|
32.4
Composite
|
$9.70
|
Health
48.2
|
|
REIT - Hotel & Motel
|
64.23M
|
32.4
Composite
|
$8.27
|
Health
48.2
|
|
REIT - Mortgage
|
63.30M
|
32.4
Composite
|
$1.33
|
Efficiency
60.0
|
|
REIT - Specialty
|
59.20M
|
45.6
Composite
|
$5.18
|
Efficiency
63.8
|
|
REIT - Office
|
57.50M
|
26.8
Composite
|
$0.56
|
Efficiency
51.3
|
|
REIT - Mortgage
|
52.40M
|
36.7
Composite
|
$1.00
|
Efficiency
46.4
|
|
REIT - Mortgage
|
50.50M
|
55.7
Composite
|
$4.42
|
Efficiency
67.4
|
|
SOHO
Sotherly Hotels Inc.
REIT - Hotel & Motel
|
46.10M
|
31.5
Composite
|
$2.25
|
Health
48.2
|
|
SACH
Sachem Capital Corp.
REIT - Mortgage
|
44.50M
|
44.5
Composite
|
$0.93
|
Efficiency
57.0
|
|
REIT - Residential
|
39.00M
|
45.5
Composite
|
$9.49
|
Growth
67.0
|
|
REIT - Hotel & Motel
|
20.90M
|
25.9
Composite
|
$3.24
|
Health
32.8
|
|
REIT - Diversified
|
18.17M
|
38.1
Composite
|
$11.16
|
Efficiency
47.4
|
|
REIT - Hotel & Motel
|
14.39M
|
26.3
Composite
|
$1.53
|
Efficiency
51.9
|
|
REIT - Office
|
9.05M
|
27.6
Composite
|
$3.43
|
Efficiency
35.6
|
|
REIT - Retail
|
7.12M
|
40.5
Composite
|
$9.10
|
Profitability
48.1
|
|
REIT - Diversified
|
3.51M
|
32.7
Composite
|
$2.61
|
Health
46.8
|
|
REIT - Specialty
|
3.50M
|
27.8
Composite
|
$9.44
|
Health
42.8
|
|
REIT - Diversified
|
1.17M
|
32.1
Composite
|
$0.18
|
Efficiency
54.3
|
|
REIT - Retail
|
990,481
|
41.8
Composite
|
$3.80
|
Profitability
48.2
|
|
REIT - Mortgage
|
-
|
60.4
Composite
|
$25.47
|
Profitability
74.0
|
|
REIT - Mortgage
|
-
|
58.2
Composite
|
$25.20
|
Profitability
76.7
|
|
REIT - Mortgage
|
-
|
58.6
Composite
|
$24.81
|
Valuation
100.0
|
|
REIT - Diversified
|
-
|
46.3
Composite
|
$21.61
|
Growth
64.2
|
|
REIT - Office
|
-
|
36.7
Composite
|
$25.37
|
Efficiency
62.6
|
|
EQC
Equity
REIT - Office
|
-
|
57.3
Composite
|
-
|
Valuation
100.0
|
|
REIT - Diversified
|
-
|
36.2
Composite
|
$0.05
|
Efficiency
53.8
|
|
REIT - Diversified
|
-
|
50.6
Composite
|
$22.28
|
Profitability
55.9
|
|
REIT - Specialty
|
-
|
31.3
Composite
|
$25.07
|
Growth
42.2
|
|
REIT - Specialty
|
-
|
35.1
Composite
|
$20.25
|
Growth
37.6
|
|
REIT - Specialty
|
-
|
29.6
Composite
|
$20.25
|
Growth
37.6
|
|
GMRE-PA
Global Medical REIT Inc. Series
REIT - Healthcare Facilities
|
-
|
39.7
Composite
|
$24.10
|
Efficiency
70.0
|
|
GRP-UN
Granite Real Estate Inc.
REIT - Industrial
|
-
|
51.2
Composite
|
-
|
Valuation
100.0
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Healthcare Facilities
|
-
|
26.8
Composite
|
$23.10
|
Health
36.7
|
|
REIT - Healthcare Facilities
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Healthcare Facilities
|
-
|
26.4
Composite
|
$22.72
|
Growth
41.0
|
|
REIT - Mortgage
|
-
|
44.7
Composite
|
-
|
Efficiency
73.8
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
$18.81
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Office
|
-
|
0.0
Composite
|
$17.00
|
No pillar score
-
|
|
REIT - Office
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Specialty
|
-
|
38.2
Composite
|
$41.73
|
Valuation
54.5
|
|
REIT - Diversified
|
-
|
32.4
Composite
|
$5.30
|
Health
47.0
|
|
REIT - Diversified
|
-
|
32.4
Composite
|
$0.02
|
Health
47.0
|
|
REIT - Retail
|
-
|
53.8
Composite
|
$22.21
|
Valuation
62.8
|
|
REIT - Retail
|
-
|
53.8
Composite
|
$23.38
|
Valuation
91.6
|
|
REIT - Retail
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
28.4
Composite
|
$24.83
|
Efficiency
55.4
|
|
REIT - Retail
|
-
|
45.6
Composite
|
$37.09
|
Profitability
50.1
|
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.