Financial Health Scores: Real Estate

Top Real Estate companies by financial health score. Each score is a 0-100 composite of six dimensions ranked as percentiles within the company's peer group (banks against banks, REITs against REITs), so it measures standing among peers rather than absolute cross-industry strength.

Rates the quality of the business, not whether the stock is cheap. A 0–100 composite of profitability, growth, leverage, liquidity, cash flow, and returns.

A high score means strong fundamentals, but not a guaranteed good trade. A great business can still be a bad buy at the wrong price.

Banks, REITs, insurers, and early-stage companies are scored on sector-tailored metrics. Full methodology →

Research tool, not financial advice. Use alongside valuation analysis and your own view of the business.

Data as of FY 2025 100 companies Rhea AI

# Company Dimensions

REG Regency Centers Corpor… REIT One-time Loss 79 FFO Growth Debt IntCov AFFO Div 5/9 - 2

EPRT Essential Properties R… REIT 79 FFO Growth Debt IntCov AFFO Div 5/9 - 3

NNN NNN REIT, Inc. REIT 75 FFO Growth Debt IntCov AFFO Div 4/9 - 4

PLD Prologis, Inc. REIT Check Earnings 73 FFO Growth Debt IntCov AFFO Div 4/9 - 5

IIPR Innovative Industrial … REIT 71 FFO Growth Debt IntCov AFFO Div 4/9 - 6

CUZ Cousins Properties Inc… REIT One-time Loss 71 FFO Growth Debt IntCov AFFO Div 5/9 - 7

IVT InvenTrust Properties … REIT 69 FFO Growth Debt IntCov AFFO Div 5/9 - 8

HST Host Hotels & Resorts,… REIT 69 FFO Growth Debt IntCov AFFO Div 6/9 - 9

UDR UDR, Inc. REIT 68 FFO Growth Debt IntCov AFFO Div 6/9 - 10

GTY Getty Realty Corp. REIT 68 FFO Growth Debt IntCov AFFO Div 5/9 - 11

CSR Centerspace REIT One-time Loss 68 FFO Growth Debt IntCov AFFO Div 5/9 - 12

CIGI Colliers International… REIT 68 FFO Growth Debt IntCov AFFO Div 7/9 Distress 13

FSV FirstService Corporati… REIT 67 FFO Growth Debt IntCov AFFO Div 6/9 - 14

SPG Simon Property Group, … REIT 66 FFO Growth Debt IntCov AFFO Div 4/9 - 15

KIM Kimco Realty Corporati… REIT 66 FFO Growth Debt IntCov AFFO Div 7/9 - 16

STRW Strawberry Fields REIT… REIT Data Issue One-time Loss 65 FFO Growth Debt IntCov AFFO Div 5/9 - 17

AVB AvalonBay Communities … REIT 65 FFO Growth Debt IntCov AFFO Div 4/9 - 18

ALEX Alexander & Baldwin In… REIT 65 FFO Growth Debt IntCov AFFO Div 4/9 - 19

EPR EPR Properties REIT 64 FFO Growth Debt IntCov AFFO Div 5/9 - 20

FRT Federal Realty Investm… REIT 63 FFO Growth Debt IntCov AFFO Div 4/9 - 21

CLDT Chatham Lodging Trust REIT One-time Loss 63 FFO Growth Debt IntCov AFFO Div 6/9 - 22

BFS Saul Centers, Inc. REIT One-time Loss 63 FFO Growth Debt IntCov AFFO Div 4/9 - 23

AMT American Tower Corpora… REIT 63 FFO Growth Debt IntCov AFFO Div 7/9 Distress 24

LAMR Lamar Advertising Comp… REIT 60 FFO Growth Debt IntCov AFFO Div 6/9 Grey 25

HIW Highwoods Properties, … REIT One-time Loss 60 FFO Growth Debt IntCov AFFO Div 4/9 - 26

ELS Equity LifeStyle Prope… REIT 60 FFO Growth Debt IntCov AFFO Div 4/9 - 27

AKR Acadia Realty Trust REIT One-time Loss 60 FFO Growth Debt IntCov AFFO Div 4/9 - 28

VTMX Corporación Inmobiliar… Partial Data 59 Profit Growth Debt Cash Flow Return 4/9 - 29

VNO Vornado Realty Trust REIT Partial Data 59 FFO Growth Debt IntCov AFFO Div 7/9 - 30

NYMT New York Mortgage Trus… REIT Check Earnings 59 FFO Growth Debt IntCov AFFO Div 6/9 - 31

ADAM Adamas Trust, Inc. REIT Check Earnings Data Issue 59 FFO Growth Debt IntCov AFFO Div 6/9 - 32

PSTL Postal Realty Trust, I… REIT One-time Loss 58 FFO Growth Debt IntCov AFFO Div 5/9 - 33

LTC LTC Properties, Inc. REIT 58 FFO Growth Debt IntCov AFFO Div 5/9 - 34

DLR Digital Realty Trust, … REIT 58 FFO Growth Debt IntCov AFFO Div 5/9 - 35

CTRE CareTrust REIT, Inc. REIT Check Earnings Partial Data 58 FFO Growth Debt IntCov AFFO Div 5/9 - 36

PLYM Plymouth Industrial RE… REIT Partial Data 57 FFO Growth Debt IntCov AFFO Div 5/9 - 37

ESS Essex Property Trust, … REIT Partial Data 57 FFO Growth Debt IntCov AFFO Div 4/9 - 38

APLE Apple Hospitality REIT… REIT 57 FFO Growth Debt IntCov AFFO Div 5/9 - 39

WSR Whitestone REIT REIT Partial Data 56 FFO Growth Debt IntCov AFFO Div 6/9 - 40

UHT Universal Health Realt… REIT 55 FFO Growth Debt IntCov AFFO Div 4/9 - 41

JFB JFB Construction Holdi… Check Earnings New Filer 55 Profit Growth Debt Cash Flow Return 1/9 Safe 42

CTO CTO Realty Growth, Inc… REIT Data Issue One-time Loss 55 FFO Growth Debt IntCov AFFO Div 6/9 - 43

UNIT Uniti Group Inc. REIT Check Earnings Data Issue 54 FFO Growth Debt IntCov AFFO Div 5/9 - 44

STAG STAG Industrial, Inc. REIT Partial Data 54 FFO Growth Debt IntCov AFFO Div 5/9 - 45

NMRK Newmark Group, Inc. REIT 54 FFO Growth Debt IntCov AFFO Div 7/9 Distress 46

CBL CBL & Associates Prope… REIT Partial Data 54 FFO Growth Debt IntCov AFFO Div 6/9 - 47

LOAN Manhattan Bridge Capit… REIT 53 FFO Growth Debt IntCov AFFO Div 3/9 - 48

CPT Camden Property Trust REIT Check Earnings Data Issue 53 FFO Growth Debt IntCov AFFO Div 6/9 - 49

BHR Braemar Hotels & Resor… REIT One-time Loss 53 FFO Growth Debt IntCov AFFO Div 3/9 - 50

AHR American Healthcare RE… REIT One-time Loss 53 FFO Growth Debt IntCov AFFO Div 5/9 - 51

SBAC SBA Communications Cor… REIT Data Issue 52 FFO Growth Debt IntCov AFFO Div 7/9 Distress 52

INN Summit Hotel Propertie… REIT One-time Loss 52 FFO Growth Debt IntCov AFFO Div 4/9 - 53

TRNO Terreno Realty Corpora… REIT Check Earnings Partial Data 51 FFO Growth Debt IntCov AFFO Div 4/9 - 54

REXR Rexford Industrial Rea… REIT Partial Data 51 FFO Growth Debt IntCov AFFO Div 5/9 - 55

O Realty Income Corporat… REIT Partial Data 51 FFO Growth Debt IntCov AFFO Div 5/9 - 56

NTST NETSTREIT Corp. REIT Partial Data 51 FFO Growth Debt IntCov AFFO Div 5/9 - 57

CURB Curbline Properties Co… REIT Partial Data 51 FFO Growth Debt IntCov AFFO Div 5/9 - 58

AAT American Assets Trust,… REIT One-time Loss 51 FFO Growth Debt IntCov AFFO Div 6/9 - 59

XHR Xenia Hotels & Resorts… REIT 50 FFO Growth Debt IntCov AFFO Div 7/9 - 60

MAC The Macerich Company REIT Partial Data 50 FFO Growth Debt IntCov AFFO Div 3/9 - 61

JOE The St. Joe Company Partial Data 50 Profit Growth Debt Cash Flow Return 8/9 - 62

CDP COPT Defense Propertie… REIT Partial Data 50 FFO Growth Debt IntCov AFFO Div 4/9 - 63

CBRE CBRE Group, Inc. REIT 50 FFO Growth Debt IntCov AFFO Div 5/9 Safe 64

AXR AMREP Corporation Partial Data 50 Profit Growth Debt Cash Flow Return 4/9 - 65

VICI VICI Properties Inc. REIT Partial Data 49 FFO Growth Debt IntCov AFFO Div 6/9 - 66

MDV Modiv Industrial Inc REIT One-time Loss 49 FFO Growth Debt IntCov AFFO Div 5/9 - 67

FVR FrontView REIT, Inc. REIT Data Issue 49 FFO Growth Debt IntCov AFFO Div 2/9 - 68

FR First Industrial Realt… REIT Check Earnings Partial Data 49 FFO Growth Debt IntCov AFFO Div 4/9 - 69

ELME Elme Communities REIT One-time Loss 49 FFO Growth Debt IntCov AFFO Div 4/9 - 70

RMR The RMR Group Inc. REIT One-time Loss 48 FFO Growth Debt IntCov AFFO Div 3/9 Grey 71

PECO Phillips Edison & Comp… REIT Partial Data 48 FFO Growth Debt IntCov AFFO Div 5/9 - 72

ESRT Empire State Realty Tr… REIT 48 FFO Growth Debt IntCov AFFO Div 4/9 - 73

EQIX Equinix, Inc. REIT 48 FFO Growth Debt IntCov AFFO Div 5/9 Grey 74

CHCI Comstock Holding Compa… REIT Check Earnings Partial Data 48 FFO Growth Debt IntCov AFFO Div 2/9 Safe 75

AHRT AH REALTY TRUST INC REIT Check Earnings One-time Loss 48 FFO Growth Debt IntCov AFFO Div 4/9 - 76

AHH Armada Hoffler Propert… REIT Check Earnings One-time Loss 48 FFO Growth Debt IntCov AFFO Div 4/9 - 77

UE Urban Edge Properties REIT Partial Data 47 FFO Growth Debt IntCov AFFO Div 5/9 - 78

LAND Gladstone Land Corpora… REIT Partial Data 47 FFO Growth Debt IntCov AFFO Div 5/9 - 79

IRT Independence Realty Tr… REIT Partial Data 47 FFO Growth Debt IntCov AFFO Div 6/9 - 80

FPI Farmland Partners Inc. REIT Partial Data 47 FFO Growth Debt IntCov AFFO Div 5/9 - 81

ADC Agree Realty Corporati… REIT Data Issue 47 FFO Growth Debt IntCov AFFO Div 4/9 - 82

SKYH Sky Harbour Group Corp… Emerging Check Earnings Data Issue 46 Cash Dil R&D RevPS Burn BalSh 3/9 - 83

CIO City Office REIT, Inc. REIT One-time Loss 46 FFO Growth Debt IntCov AFFO Div 2/9 - 84

XRN Chiron Real Estate Inc… REIT Partial Data 45 FFO Growth Debt IntCov AFFO Div 5/9 - 85

SAFE Safehold Inc. REIT 45 FFO Growth Debt IntCov AFFO Div 4/9 - 86

GMRE Global Medical REIT In… REIT Partial Data 45 FFO Growth Debt IntCov AFFO Div 5/9 - 87

GLPI Gaming and Leisure Pro… REIT One-time Loss 45 FFO Growth Debt IntCov AFFO Div 6/9 - 88

FCPT Four Corners Property … REIT Check Earnings Partial Data 45 FFO Growth Debt IntCov AFFO Div 5/9 - 89

WY Weyerhaeuser Company REIT One-time Loss 44 FFO Growth Debt IntCov AFFO Div 4/9 Grey 90

DEI Douglas Emmett, Inc. REIT Partial Data 44 FFO Growth Debt IntCov AFFO Div 4/9 - 91

BNL Broadstone Net Lease, … REIT Partial Data 44 FFO Growth Debt IntCov AFFO Div 3/9 - 92

ARE Alexandria Real Estate… REIT Partial Data 44 FFO Growth Debt IntCov AFFO Div 3/9 - 93

SBRA Sabra Health Care REIT… REIT Partial Data 43 FFO Growth Debt IntCov AFFO Div 5/9 - 94

RHP Ryman Hospitality Prop… REIT Data Issue One-time Loss 43 FFO Growth Debt IntCov AFFO Div 4/9 - 95

GOOD Gladstone Commercial C… REIT Partial Data 43 FFO Growth Debt IntCov AFFO Div 3/9 - 96

EXR Extra Space Storage In… REIT Partial Data 43 FFO Growth Debt IntCov AFFO Div 6/9 - 97

EFC Ellington Financial In… REIT Data Issue Partial Data 43 FFO Growth Debt IntCov AFFO Div 1/9 - 98

CWK Cushman & Wakefield Li… REIT One-time Loss 43 FFO Growth Debt IntCov AFFO Div 5/9 Distress 99

WELL Welltower Inc. REIT Partial Data 42 FFO Growth Debt IntCov AFFO Div 6/9 - 100

SILA Sila Realty Trust Inc REIT Partial Data 42 FFO Growth Debt IntCov AFFO Div 5/9 -

How the Financial Health Score is calculated

Each company receives a composite score from 0 to 100 built from six dimensions derived from SEC filings. The dimensions are family-specific: a company is scored on the metrics that matter for its business type, then ranked against direct peers rather than across every industry. A score is a company's standing within its peer group, not an absolute cross-industry rating; a 70 for a bank and a 70 for a software company both mean "top of its family," not "equally strong businesses."

Each of the six dimensions is scored as a percentile within the family (how the company ranks against its peers on that dimension). The overall score is the rounded average of the six, with any dimension we can't compute counted as zero out of a fixed denominator of six, so incomplete data can't inflate a ranking.

Operating companies, energy and utilities are scored on Profitability, Growth, Leverage, Liquidity, Cash Flow, and Returns.
Banks are scored on Earnings, Growth, Capital, Efficiency, Credit Quality, and Stability.
Insurers are scored on Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, and Stability.
REITs are scored on FFO Margin, FFO Growth, Leverage, Interest Coverage, AFFO Margin, and Dividend Coverage.
Emerging (pre-profit) companies are scored on Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, and Balance Sheet.
Warrants, preferred shares and duplicate listings that share a parent company's financials are automatically filtered from the ranking.

The Piotroski F-Score (0 to 9) measures fundamental strength using nine binary accounting tests; the Altman Z-Score estimates bankruptcy risk, classifying companies into Safe, Grey, or Distress zones. These two signals are shown alongside the composite score for additional perspective.