Real Estate & Data Centers
REITs, data centers, towers, storage, and property services. This page compares reported financial scale with the customer needs and operating signals that shape sector performance.
- Companies
- 57
- Average revenue
- $5.4B
- Average margin
- 724.7%
- Average growth
- 9.2%
What this industry is really competing to solve
Demand emerges when customers need dependable space, location, capacity, or infrastructure without owning the full asset. The deeper motives are security, access, continuity, and flexibility. This is why the competitive set extends beyond companies with the same industry code.
Customers can also choose ownership, remote work, alternative locations, shared space, cloud substitution, and delaying expansion. Industry growth becomes durable only when companies make the desired progress easier than those alternatives.
How demand becomes profit and cash
The common mechanism is turning occupancy, contracted rent, development, and asset utilization into recurring cash flow. Across the industry, the decisive investment question is whether development and acquisition yields remain above the cost of capital.
Average operating profit is $958.8M, but the spread between leaders and laggards matters more than the average alone. Compare scale, margin, growth, and the leading indicators together.
Real Estate & Data Centers companies
| Company | Revenue | Operating profit | Margin | Growth |
|---|---|---|---|---|
| CBRE Group CBRE | $40.6B | $1.8B | 4.3% | +13.4% |
| D.R. Horton DHI | $34.3B | $3.6B | 10.6% | -6.9% |
| Lennar LEN | $34.2B | $2.1B | 6.2% | -3.5% |
| Jones Lang LaSalle JLL | $26.1B | $1.1B | 4.2% | +11.4% |
| PulteGroup PHM | $17.3B | $2.2B | 12.8% | -3.5% |
| Toll Brothers TOL | $11B | $1.7B | 15.7% | +1.1% |
| Welltower WELL | $10.8B | $962M | 8.9% | +35.6% |
| American Tower AMT | $10.6B | $4.8B | 45.5% | +5.1% |
| NVR NVR | $10.3B | $1.3B | 13.0% | -1.9% |
| Equinix EQIX | $9.2B | $1.8B | 20.0% | +5.4% |
| Prologis PLD | $8.8B | $4.4B | 49.6% | +7.2% |
| Weyerhaeuser WY | $6.9B | $731M | 10.6% | -3.1% |
| Iron Mountain IRM | $6.9B | $1.2B | 16.9% | +12.2% |
| Simon Property Group SPG | $6.4B | $3.2B | 49.9% | +6.7% |
| Host Hotels & Resorts HST | $6.1B | $855M | 14.0% | +7.6% |
| Digital Realty DLR | $6.1B | $658M | 10.8% | +10.0% |
| Ventas VTR | $5.8B | $204M | 3.5% | +18.5% |
| Realty Income O | $5.7B | $1.1B | 18.4% | +9.1% |
| Public Storage PSA | $4.8B | $1.8B | 37.0% | +2.7% |
| VICI Properties VICI | $4B | $2.8B | 70.4% | +4.1% |
| CoStar Group CSGP | $3.2B | -$72M | -2.2% | +18.7% |
| Equity Residential EQR | $3.1B | $1.2B | 37.9% | +3.8% |
| AvalonBay Communities AVB | $3B | $1.1B | 34.8% | +4.4% |
| Invitation Homes INVH | $2.7B | $590M | 21.6% | +4.2% |
| Americold Realty Trust COLD | $2.5B | $7M | 0.3% | -2.5% |
| Park Hotels & Resorts PK | $2.5B | -$33M | -1.3% | -2.2% |
| Sun Communities SUI | $2.3B | $1.4B | 62.0% | +2.0% |
| Mid-America Apartment Communities MAA | $2.2B | $459M | 20.8% | +0.8% |
| Essex Property Trust ESS | $1.9B | $899M | 47.9% | +6.5% |
| AMH AMH | $1.9B | $513M | 27.7% | +7.0% |
| Vornado Realty Trust VNO | $1.8B | $937M | 51.8% | +1.2% |
| UDR UDR | $1.7B | $554M | 32.4% | +2.4% |
| Omega Healthcare Investors OHI | $1.2B | $609M | 51.2% | +13.2% |
| Healthcare Realty Trust HR | $1.2B | -$249M | -21.1% | -6.9% |
| Kilroy Realty KRC | $1.1B | $303M | 27.2% | -2.0% |
| SL Green Realty SLG | $1B | -$97M | -9.7% | +13.2% |
| Cousins Properties CUZ | $994M | $41M | 4.1% | +16.0% |
| CubeSmart CUBE | $957M | $331M | 34.6% | +5.0% |
| STAG Industrial STAG | $845M | $279M | 33.0% | +10.2% |
| Highwoods Properties HIW | $806M | $163M | 20.2% | -2.4% |
| Sabra Health Care REIT SBRA | $775M | $156M | 20.1% | +10.2% |
| First Industrial Realty Trust FR | $727M | $245M | 33.7% | +8.5% |
| EPR Properties EPR | $718M | $275M | 38.3% | +2.9% |
| Agree Realty ADC | $718M | $340M | 47.4% | +16.4% |
| Essential Properties Realty Trust EPRT | $561M | $360M | 64.2% | +24.7% |
| Brandywine Realty Trust BDN | $484M | $27M | 5.6% | -4.3% |
| Terreno Realty TRNO | $476M | $403M | 84.7% | +24.3% |
| Easterly Government Properties DEA | $336M | $14M | 4.2% | +11.3% |
