Real estate (REIT) stocks: 9 companies analyzed
The 9 real estate companies Fintols covers, such as American Tower, Simon Property and Prologis: P/E, growth, margin and dividend with dated figures.
Real estate investment trusts, or REITs, own income-producing property: offices, shopping malls, warehouses, apartments, hotels, senior housing, data centers and cell towers. They earn money by collecting rent from tenants and sometimes by selling buildings at a gain. In exchange for favorable tax treatment, they’re required to pay out most of their taxable income as dividends, which makes them popular with income-seeking investors. Spain has a similar vehicle called the SOCIMI. Each property type has its own demand drivers, from e-commerce for warehouses to population growth for apartments.
Reported net income is misleading here because it includes depreciation on buildings that often hold or gain value. That’s why investors use funds from operations (FFO) or adjusted FFO, net asset value and how it compares with the share price, and debt relative to property value. Occupancy, weighted average lease term and whether rents adjust with inflation all matter. Interest rate sensitivity and the schedule of debt maturities deserve close attention too.
The main risks are rising interest rates, which make debt pricier and push property values down, weaker demand for certain property types, such as offices and malls hurt by remote work and online shopping, and the bankruptcy of a major tenant. If you’re new, remember that a high dividend required by law is not a guarantee of anything. Check that the underlying properties and balance sheet are sound. Compare each REIT with others that own the same type of property.
With data as of November 4, 2026, of the 9 real estate companies Fintols covers, the largest by market value is Welltower ($181.9 billion) among those quoted in dollars and Merlin Properties (€7.3 billion) among those quoted in euros, the fastest-growing in its latest quarter is Welltower (+38.4% in sales) and the highest dividend yield belongs to Inmobiliaria Colonial (6.26%). The typical company in the group trades on a P/E of 28.9x and keeps a net margin of 37.7% (medians). Figures come from Yahoo Finance, the same source the Fintols analysis uses; N/A means the figure is not available.
Real estate (REIT) companies on Fintols
| Company | Market cap | P/E | Revenue growth | Net margin | Dividend yield |
|---|---|---|---|---|---|
| Welltower (WELL) | $181.9 billion | 105.1x | +38.4% | 12.1% | 1.41% |
| Prologis (PLD) | $127.7 billion | 28.9x | +10.2% | 43.1% | 3.32% |
| Equinix (EQIX) | $104.3 billion | 63.3x | +10.4% | 16.2% | 2.03% |
| American Tower (AMT) | $90.4 billion | 27.4x | +2.5% | 30.1% | 3.82% |
| Simon Property (SPG) | $86.7 billion | 16.1x | +19.5% | 66.6% | 4.01% |
| Public Storage (PSA) | $64.0 billion | 36.0x | +10.8% | 37.7% | 3.60% |
| Realty Income (O) | $56.0 billion | 40.6x | +10.2% | 21.8% | 5.67% |
| Merlin Properties (MRL) | €7.3 billion | 8.0x | +14.6% | 141.7% | 1.86% |
| Inmobiliaria Colonial (COL) | €3.3 billion | 9.7x | +3.7% | 74.5% | 6.26% |
Real estate (REIT) comparisons
- American Tower vs Simon Property
- American Tower vs Prologis
- American Tower vs Welltower
- Prologis vs Simon Property
- Simon Property vs Welltower
- Prologis vs Welltower
- Equinix vs Realty Income
- Equinix vs Public Storage
Other sectors
- Software and cloud
- Hardware and devices
- Semiconductor
- Internet and media
- Telecom
- Banking
- Financial services
- Insurance
- Healthcare
- Consumer staples
- Retail
- Luxury and apparel
- Restaurant
- Automotive
- Energy
- Utility
- Industrial
- Aerospace and defense
- Travel and leisure
- Construction and infrastructure
- Materials
See all stocks by sector or by index: S&P 500, S&P 100, IBEX 35 and Euro Stoxx 50. Educational content, not investment advice.