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. The list covers companies worth at least $500 million that are still trading. Full methodology →

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

Data as of FY 2025 68 companies Rhea AI

# Company Dimensions

VTMX Corporación Inmobiliar… 82 Profit Growth Debt Cash Flow Return 4/8 Partial - 2

SPG Simon Property Group, … REIT 80 FFO Growth Debt IntCov AFFO Div 5 of 6 4/6 Partial - 3

ESS Essex Property Trust, … REIT 79 FFO Growth Debt IntCov AFFO Div 4/8 Partial - 4

REG Regency Centers Corpor… REITOne-time Loss 79 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 5

EPRT Essential Properties R… REIT 79 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 6

FRT Federal Realty Investm… REIT 75 FFO Growth Debt IntCov AFFO Div 5 of 6 4/7 Partial - 7

NNN NNN REIT, Inc. REIT 75 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 8

PLD Prologis, Inc. REITCheck Earnings 73 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 9

DLR Digital Realty Trust, … REIT 72 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 10

IIPR Innovative Industrial … REIT 71 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 11

CUZ Cousins Properties Inc… REITOne-time Loss 70 FFO Growth Debt IntCov AFFO Div 5/8 Partial - 12

HIW Highwoods Properties, … REITOne-time Loss 70 FFO Growth Debt IntCov AFFO Div 5 of 6 4/6 Partial - 13

GLPI Gaming and Leisure Pro… REIT 69 FFO Growth Debt IntCov AFFO Div 6/7 Partial - 14

GTY Getty Realty Corp. REIT 69 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 15

EXR Extra Space Storage In… REIT 68 FFO Growth Debt IntCov AFFO Div 5 of 6 7/8 Partial - 16

HST Host Hotels & Resorts,… REIT 67 FFO Growth Debt IntCov AFFO Div 6/7 Partial - 17

LAMR Lamar Advertising Comp… REIT 66 FFO Growth Debt IntCov AFFO Div 6/8 Partial Grey 18

IVT InvenTrust Properties … REIT 66 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 19

KIM Kimco Realty Corporati… REIT 65 FFO Growth Debt IntCov AFFO Div 7/7 Partial - 20

UDR UDR, Inc. REIT 65 FFO Growth Debt IntCov AFFO Div 6/7 Partial - 21

CSR Centerspace REITOne-time Loss 65 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 22

UNIT Uniti Group Inc. REITCheck EarningsData Issue 63 FFO Growth Debt IntCov AFFO Div 5 of 6 5/8 Partial - 23

ADC Agree Realty Corporati… REITData Issue 62 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 24

EPR EPR Properties REIT 62 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 25

CLDT Chatham Lodging Trust REITOne-time Loss 61 FFO Growth Debt IntCov AFFO Div 6/7 Partial - 26

SBAC SBA Communications Cor… REITData Issue 60 FFO Growth Debt IntCov AFFO Div 5 of 6 7/9 Distress 27

AHR American Healthcare RE… REITOne-time Loss 60 FFO Growth Debt IntCov AFFO Div 5 of 6 5/7 Partial - 28

BFS Saul Centers, Inc. REITOne-time Loss 60 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 29

AMT American Tower Corpora… REIT 59 FFO Growth Debt IntCov AFFO Div 7/8 Partial Distress 30

CSGP CoStar Group, Inc. 59 Profit Growth Debt Cash Flow Return 5/9 Safe 31

AKR Acadia Realty Trust REITOne-time Loss 58 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 32

FSV FirstService Corporati… One-time Loss 57 Profit Growth Debt Cash Flow Return 7/9 - 33

CTO CTO Realty Growth, Inc… REITData IssueOne-time Loss 57 FFO Growth Debt IntCov AFFO Div 6/8 Partial - 34

LTC LTC Properties, Inc. REIT 56 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 35

ESRT Empire State Realty Tr… REITOne-time Loss 56 FFO Growth Debt IntCov AFFO Div 4/6 Partial - 36

PSTL Postal Realty Trust, I… REITOne-time Loss 56 FFO Growth Debt IntCov AFFO Div 5/7 Partial - 37

ADAM Adamas Trust, Inc. REITCheck EarningsData Issue 56 FFO Growth Debt IntCov AFFO Div 6/7 Partial - 38

EQIX Equinix, Inc. REIT 55 FFO Growth Debt IntCov AFFO Div 5 of 6 5/8 Partial Grey 39

BEKE KE Holdings Inc. 55 Profit Growth Debt Cash Flow Return 3/8 Partial Grey 40

ELS Equity LifeStyle Prope… REIT 55 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 41

IHS IHS Holding Limited Data IssueOne-time Loss 55 Profit Growth Debt Cash Flow Return 7/9 Distress 42

IRS IRSA Inversiones y Rep… Check Earnings 52 Profit Growth Debt Cash Flow Return 5 of 6 4/9 - 43

JLL Jones Lang LaSalle Inc… 51 Profit Growth Debt Cash Flow Return 5 of 6 7/7 Partial Safe 44

UHT Universal Health Realt… REIT 50 FFO Growth Debt IntCov AFFO Div 5 of 6 4/7 Partial - 45

CBRE CBRE Group, Inc. 49 Profit Growth Debt Cash Flow Return 5/9 Safe 46

APLE Apple Hospitality REIT… REIT 49 FFO Growth Debt IntCov AFFO Div 5 of 6 5/8 Partial - 47

OPEN Opendoor Technologies … 49 Profit Growth Debt Cash Flow Return 4/8 Partial Distress 48

COMP Compass, Inc. 48 Profit Growth Debt Cash Flow Return 3/7 Partial Safe 49

XHR Xenia Hotels & Resorts… REIT 46 FFO Growth Debt IntCov AFFO Div 7/8 Partial - 50

INN Summit Hotel Propertie… REITOne-time Loss 46 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 51

RHP Ryman Hospitality Prop… REITOne-time Loss 45 FFO Growth Debt IntCov AFFO Div 5 of 6 4/7 Partial - 52

CIGI Colliers International… One-time Loss 45 Profit Growth Debt Cash Flow Return 7/8 Partial Distress 53

MMI Marcus & Millichap, In… 45 Profit Growth Debt Cash Flow Return 5/7 Partial Safe 54

FVR FrontView REIT, Inc. REITData Issue 45 FFO Growth Debt IntCov AFFO Div 2/5 Partial - 55

NMRK Newmark Group, Inc. 43 Profit Growth Debt Cash Flow Return 7/7 Partial Distress 56

WY Weyerhaeuser Company REITOne-time Loss 42 FFO Growth Debt IntCov AFFO Div 4/9 Grey 57

AAT American Assets Trust,… REITOne-time Loss 42 FFO Growth Debt IntCov AFFO Div 6/8 Partial - 58

SAFE Safehold Inc. REIT 41 FFO Growth Debt IntCov AFFO Div 4/8 Partial - 59

SLG SL Green Realty Corp. REITOne-time Loss 39 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 60

CWK Cushman & Wakefield Li… One-time Loss 39 Profit Growth Debt Cash Flow Return 5/9 Distress 61

LINE Lineage, Inc. REITOne-time Loss 38 FFO Growth Debt IntCov AFFO Div 4/9 Distress 62

SMA SmartStop Self Storage… REITOne-time Loss 37 FFO Growth Debt IntCov AFFO Div 5 of 6 3/6 Partial - 63

IRM Iron Mountain Incorpor… REITData IssueOne-time Loss 36 FFO Growth Debt IntCov AFFO Div 4/9 - 64

OUT OUTFRONT Media Inc. REIT 36 FFO Growth Debt IntCov AFFO Div 4/8 Partial Distress 65

COLD Americold Realty Trust… REITOne-time Loss 33 FFO Growth Debt IntCov AFFO Div 5 of 6 3/7 Partial - 66

CCI Crown Castle Inc. REITData IssueOne-time Loss 26 FFO Growth Debt IntCov AFFO Div 5/9 Distress 67

PK Park Hotels & Resorts … REIT 12 FFO Growth Debt IntCov AFFO Div 4/7 Partial - 68

HBNB Hotel101 Global Holdin… New Filer 9 Profit Growth Debt Cash Flow Return 5 of 6 - -

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 dimensions we can compute from the company’s filings, so when one of them cannot be measured the score averages the other five, and the table marks it 5 of 6. We rank a company only when at least five of its six dimensions can be computed.

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, notes and duplicate listings that share a parent company's financials are automatically filtered from the ranking.
Only companies with a market value of at least $500 million that are still trading are ranked.

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. When the filings cannot support all nine tests, the F-Score is shown out of the tests that could be run and marked Partial.