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

CompanyRevenueOperating profitMarginGrowth
Four Corners Property Trust FCPT$294M$112M38.1%+9.7%
Innovative Industrial Properties IIPR$266M$124M46.6%-13.9%
Crown Castle CCI$215M$2.1B965.1%+12.0%
Extra Space Storage EXR$129M$1.4B1095.3%+6.6%
Healthpeak Properties DOC$62M$284M458.1%+37.8%
Rexford Industrial Realty REXR$22M$220M1000.0%+57.1%
Camden Property Trust CPT$13M$395M3038.5%+85.7%
Equity LifeStyle Properties ELS$10M$402M4020.0%+11.1%
NNN REIT NNN$2M$589M29450.0%+0.0%

Recent reports in this industry

FY2025AvalonBay Communities FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025CubeSmart FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025CoStar Group FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025Americold Realty Trust FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025EPR Properties FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025Realty Income FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025Simon Property Group FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025Sun Communities FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025VICI Properties FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025Host Hotels & Resorts FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025American Tower FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and marginFY2025Innovative Industrial Properties FY2025 Earnings: How turning occupancy, contracted rent, development, and asset utilization shaped growth and margin
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