Quality

Highest return on equity Real Estate stocks

Net income as a share of shareholders' equity, for companies worth over $1 billion with debt under twice equity (heavy debt inflates ROE).

Top of the list: Public Storage (PSA) 22.2%; Sun Communities (SUI) 20.7%; Gaming & Leisure Properties (GLPI) 19.4%.

The median roe across these 50 companies is 8.8%.

#CompanyROEROADebt/equityNet marginMarket cap
1 Public StoragePSA 22.2%10.2%1.18x41.8%$51.1B
2 Sun Communities IncSUI 20.7%11.3%0.78x59.5%$14.8B
3 Gaming & Leisure PropertiesGLPI 19.4%6.8%1.76x58.5%$11.0B
4 St Joe CompanyJOE 16.1%8.2%0.96x22.5%$3.7B
5 Host Hotels & Resorts IncHST 16.1%7.8%1.04x16.5%$15.9B
6 Omega Healthcare Investors IncOHI 15.9%8.6%0.81x131.8%$14.1B
7 Federal Realty Investment TrustFRT 15.3%5.6%1.67x38.6%$9.4B
8 UDR IncUDR 14.9%4.8%1.90x4167.6%$12.6B
9 Brixmor PropertyBRX 14.3%4.8%1.97x30.8%$8.4B
10 Jones Lang LaSalle IncorporatedJLL 13.4%5.7%1.32x3.6%$12.8B
11 First Industrial Realty Trust IncFR 13.1%6.3%1.05x48.0%$8.0B
12 IRSA Inversiones Y RepresentacionesIRS 12.4%5.8%1.07x41.7%$1.1B
13 CubeSmartCUBE 12.4%5.0%1.47x28.9%$8.3B
14 Kite Realty Group TrustKRG 11.8%5.4%1.13x41.8%$4.9B
15 EPR PropertiesEPR 11.4%4.3%1.62x35.5%$4.2B
16 COPT Defense PropertiesCDP 11.2%3.8%1.90x534.3%$3.9B
17 LTC Properties IncLTC 10.7%6.2%0.66x38.9%$2.2B
18 Equinix IncEQIX 10.7%3.7%1.85x15.6%$98.5B
19 National Health Investors IncNHI 10.6%5.6%0.88x124.7%$3.2B
20 Diamondrock Hospitality Company Common StockDRH 10.1%5.0%1.01x13.5%$2.5B
21 VICI Properties IncVICI 9.5%5.7%0.64x67.5%$24.5B
22 Forestar Group IncFOR 9.2%5.3%0.73x9.9%$1.3B
23 Getty Realty CorporationGTY 8.9%4.3%1.04x42.7%$1.7B
24 Corporación Inmobiliaria Vesta, S.A.B de C.V.VTMX 8.8%5.3%0.65x85.4%$3.1B
25 Terreno Realty CorporationTRNO 8.8%6.8%0.29x77.3%$6.8B
26 NNN REIT, Inc.NNN 8.7%4.1%1.15x42.1%$7.8B
27 Rayonier IncRYN 8.7%6.0%0.45x68.6%$5.7B
28 Camden Property TrustCPT 8.6%3.5%1.47x2486.2%$9.4B
29 EastGroup Properties IncEGP 8.5%5.5%0.54x40.5%$10.6B
30 Millrose Properties, Inc.MRP 8.1%4.9%0.66x62.6%$3.7B
31 Regency Centers CorporationREG 7.9%4.2%0.85x34.5%$13.6B
32 CareTrust REIT Inc.CTRE 7.9%6.0%0.32x128.9%$8.3B
33 Urban Edge PropertiesUE 7.8%3.2%1.45x22.2%$2.6B
34 Essex Property Trust IncESS 7.8%3.2%1.39x4452.3%$18.8B
35 W P Carey IncWPC 7.5%3.5%1.15x36.3%$14.3B
36 Innovative Industrial Properties IncIIPR 7.4%5.3%0.39x52.3%$1.5B
37 Four Corners Property Trust IncFCPT 7.3%4.0%0.85x368.3%$2.4B
38 Invitation Homes IncINVH 7.3%3.6%1.03x45.0%$16.0B
39 Extra Space Storage IncEXR 7.2%3.2%1.17x708.8%$29.3B
40 Mid-America Apartment Communities IncMAA 7.0%3.2%1.13x17.6%$13.9B
41 Prologis IncPLD 7.0%3.8%0.75x41.5%$121.1B
42 American Homes 4 RentAMH 6.8%3.5%0.83x—$12.8B
43 STAG Industrial IncSTAG 6.8%3.4%0.98x28.3%$6.9B
44 Essential Properties Realty Trust IncEPRT 6.1%3.6%0.69x43.5%$5.6B
45 Phillips Edison & Co IncPECO 6.0%2.6%1.17x1015.5%$5.2B
46 Kimco Realty CorporationKIM 5.9%3.0%0.94x27.8%$15.1B
47 Digital Realty Trust IncDLR 5.9%2.8%1.00x21.7%$62.4B
48 Apple Hospitality REIT IncAPLE 5.6%3.6%0.55x12.2%$3.9B
49 Century Communities IncCCS 5.2%2.9%0.83x3.4%$1.5B
50 Broadstone Net Lease IncBNL 5.1%2.5%0.99x30.6%$3.7B

Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.

Questions

Which company ranks first on the highest return on equity real estate stocks list?

Public Storage (PSA), with a roe of 22.2%, as of October 12, 2026.

How is this list built?

Net income as a share of shareholders' equity, for companies worth over $1 billion with debt under twice equity (heavy debt inflates ROE). It shows the top 50 and is rebuilt every day.

Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.