Data as of the October 19, 2026 close. Every figure on this page is checked against at least two independent sources, or two separate SEC filings, before it is published. How we verify data.
The 25 largest listed REITs by market value of their common stock, as of the October 19, 2026 close. Together they are worth $986.4 billion, or 73% of the $1.35 trillion combined value of the 148 listed REITs with a verified market value.
Size brings cheaper capital and diversification, which is why the largest REITs tend to hold investment-grade credit ratings. It does not guarantee better returns, as the year-to-date column shows.
| # | REIT | Ticker | Sector | Market cap | Yield | Year to date | Grade |
|---|---|---|---|---|---|---|---|
| 1 | Welltower | WELL | Healthcare | $164.8B | 1.46% | +25.8% | A 88 |
| 2 | Prologis | PLD | Industrial | $115.7B | 3.45% | -2.8% | A 86 |
| 3 | Equinix | EQIX | Data Center | $96.3B | 2.12% | +27.4% | B 84 |
| 4 | American Tower | AMT | Infrastructure | $85.3B | 3.91% | +4.2% | B 81 |
| 5 | Digital Realty Trust | DLR | Data Center | $60.8B | 2.82% | +11.8% | B 78 |
| 6 | Realty Income | O | Net Lease | $52.5B | 5.88% | -1.5% | A 87 |
| 7 | Public Storage | PSA | Self-Storage | $51.9B | 4.06% | +13.9% | A 85 |
| 8 | Ventas | VTR | Healthcare | $43.3B | 2.46% | +9.2% | B 79 |
| 9 | Crown Castle | CCI | Infrastructure | $34.5B | 5.25% | -8.8% | C 62 |
| 10 | Iron Mountain | IRM | Specialty | $33.2B | 3.10% | +34.5% | B 75 |
| 11 | Extra Space Storage | EXR | Self-Storage | $29.2B | 4.69% | +6.1% | B 78 |
| 12 | VICI Properties | VICI | Gaming | $25.4B | 7.97% | -17.9% | B 82 |
| 13 | SBA Communications | SBAC | Infrastructure | $19.4B | n/a | -5.3% | B 76 |
| 14 | Essex Property Trust | ESS | Residential | $17.1B | 3.89% | +1.9% | B 82 |
| 15 | Host Hotels & Resorts | HST | Hotels | $16.6B | n/a | +36.4% | B 78 |
| 16 | Invitation Homes | INVH | Residential | $15.8B | 4.49% | -3.9% | B 75 |
| 17 | Kimco Realty | KIM | Retail | $15.2B | 4.94% | +11.9% | B 78 |
| 18 | W. P. Carey | WPC | Net Lease | $14.5B | 5.96% | -0.9% | B 76 |
| 19 | Sun Communities | SUI | Residential | $14.5B | 3.81% | -5.1% | B 76 |
| 20 | Weyerhaeuser | WY | Timber | $13.8B | 4.38% | -18.9% | B 73 |
| 21 | Omega Healthcare Investors | OHI | Healthcare | $13.6B | 6.06% | +1.2% | B 74 |
| 22 | Mid-America Apartment Communities | MAA | Residential | $13.5B | n/a | -16.6% | B 77 |
| 23 | Annaly Capital Management | NLY | Mortgage | $13.4B | 16.93% | -20.8% | C 64 |
| 24 | Regency Centers | REG | Retail | $13.3B | 4.17% | +4.9% | B 81 |
| 25 | Healthpeak Properties | DOC | Healthcare | $12.7B | 6.65% | +14.4% | B 73 |
How This List Is Built
Market capitalization is common shares outstanding, from the cover page of each REIT’s latest SEC filing, multiplied by the closing price verified across Nasdaq and Cboe. Operating partnership units and preferred stock are not included, so figures can be lower than enterprise value.
Frequently Asked Questions
What is the largest REIT?
Welltower (WELL), with a market value of $164.8 billion on October 19, 2026.
How big is the listed REIT market?
The 148 listed REITs with a verified market value have a combined common equity value of $1.35 trillion as of October 19, 2026.
Which sectors do the largest REITs come from?
Among the 25 largest: Residential (4), Healthcare (4), Infrastructure (3), Retail (2).
Are larger REITs safer investments?
They usually have cheaper access to debt and equity and more diversified portfolios, which supports the dividend. They can still fall sharply when rates rise, and smaller REITs sometimes grow faster.
How is REIT market cap calculated here?
Common shares outstanding from the latest SEC filing multiplied by the verified closing price. Units held by insiders in the operating partnership are excluded.
Related Pages
Small-cap REITs · Best-performing REITs of 2026 · Highest-yielding REITs · Lowest-leverage REITs
REIT Rankings publishes data and grades, not investment advice. Nothing on this page is a recommendation to buy, sell or hold any security. Do your own research or consult a licensed advisor.