Lowest Leverage
REITs carrying the least debt relative to earnings (net debt / EBITDA, approximate).
Net debt / EBITDA sizes a REIT's debt against its earnings power — lower generally means more cushion when rates rise or occupancy dips. What counts as high or low, and why the calculation basis matters, is in the leverage guide; reading a REIT balance sheet covers the rest of the debt picture — maturities, secured versus unsecured.
150 REITs · click any column header to re-sort
| Ticker | Name | Sector | Price | Chg | Mkt cap | Yield | P/OCF | Payout (OCF) |
|---|---|---|---|---|---|---|---|---|
NLOP Listed
|
Net Lease Office Properties | Office | $11.13 | +0.00% | $164.88M | — | 2.57 | — |
FRMI Listed
|
Fermi Inc. Common Stock | Specialty | $4.86 | +1.89% | $3.11B | — | -66.60 | — |
FVR Listed
|
FrontView REIT, Inc. | Diversified | $19.14 | +0.58% | $468.09M | 4.49% | 12.65 | 56.83% |
MDRR Listed
|
Medalist Diversified REIT, Inc. | Diversified | $12.10 | -0.82% | $19.70M | 2.23% | 9.95 | 22.20% |
APLE Listed
|
Apple Hospitality REIT, Inc. | Lodging & Resorts | $15.58 | -1.08% | $3.68B | 6.16% | 10.01 | 61.66% |
O Listed
|
Realty Income Corporation | Retail | $61.74 | +0.39% | $58.42B | 5.27% | 13.98 | 73.66% |
IIPR Listed
|
Innovative Industrial Properties, Inc. | Industrial | $56.80 | -0.05% | $1.57B | 13.38% | 8.13 | 108.82% |
SELF Listed
|
Global Self Storage, Inc. | Self-Storage | $5.28 | +0.19% | $60.31M | 5.49% | 13.25 | 72.77% |
HST Listed
|
Host Hotels & Resorts, Inc. | Lodging & Resorts | $21.99 | -0.54% | $15.07B | 3.64% | 10.16 | 36.96% |
TRNO Listed
|
Terreno Realty Corporation | Industrial | $65.80 | +0.09% | $7.17B | 3.47% | 24.86 | 86.15% |
ALX Listed
|
Alexander's, Inc. | Retail | $263.20 | -0.68% | $1.34B | 6.84% | 18.40 | 125.85% |
CTRE Listed
|
CareTrust REIT, Inc. | Health Care | $39.61 | +0.10% | $9.36B | 3.94% | 20.52 | 80.80% |
OHI Listed
|
Omega Healthcare Investors, Inc. | Health Care | $47.04 | +0.11% | $14.25B | 5.78% | 16.64 | 96.19% |
EGP Listed
|
EastGroup Properties, Inc. | Industrial | $198.47 | +0.50% | $10.67B | 3.53% | 22.04 | 77.73% |
PSA Listed
|
Public Storage | Self-Storage | $305.73 | +1.46% | $53.69B | 3.93% | 16.88 | 66.24% |
AHR Listed
|
American Healthcare REIT, Inc. | Health Care | $55.76 | -0.80% | $12.16B | 1.79% | 31.60 | 56.67% |
CXW Listed
|
CoreCivic, Inc. | Specialty | $33.66 | +3.22% | $3.33B | 5.23% | 18.64 | 97.47% |
DRH Listed
|
DiamondRock Hospitality Company | Lodging & Resorts | $12.06 | -1.87% | $2.47B | 3.65% | 10.31 | 37.61% |
CBL Listed
|
CBL & Associates Properties, Inc. | Retail | $54.92 | +0.79% | $1.70B | 4.55% | 6.78 | 30.88% |
LTC Listed
|
LTC Properties, Inc. | Health Care | $41.90 | +0.79% | $2.26B | 5.44% | 14.35 | 78.07% |
CURB Listed
|
Curbline Properties Corp. | Retail | $29.41 | -0.10% | $3.38B | 2.31% | 24.85 | 57.47% |
SHO Listed
|
Sunstone Hotel Investors, Inc. | Lodging & Resorts | $11.01 | +0.09% | $2.05B | 3.27% | 11.77 | 38.49% |
FR Listed
|
First Industrial Realty Trust, Inc. | Industrial | $61.71 | +0.10% | $8.18B | 3.24% | 17.72 | 57.44% |
UNIT Listed
|
Uniti Group Inc. | Infrastructure | $10.17 | +3.25% | $2.47B | 5.90% | 7.74 | 45.66% |
MRP Listed
|
Millrose Properties, Inc. | Residential | $31.72 | +2.79% | $4.89B | 9.71% | 1.43 | 13.92% |
SPG Listed
|
Simon Property Group, Inc. | Retail | $211.52 | +0.63% | $68.59B | 4.25% | 15.40 | 65.53% |
EQR Listed
|
Equity Residential | Residential | $63.66 | -3.50% | $23.87B | 4.41% | 15.01 | 66.25% |
VMRK Listed
|
Vivmark Residential | Residential | $64.96 | +0.08% | $24.36B | 4.33% | 15.32 | 66.25% |
GTY Listed
|
Getty Realty Corp. | Retail | $32.65 | +0.49% | $2.02B | 5.94% | 14.46 | 85.94% |
XRN Listed
|
Chiron Real Estate Inc. | Health Care | $36.52 | -1.03% | $483.45M | 5.26% | 6.64 | 34.90% |
BHR Listed
|
Braemar Hotels & Resorts Inc. | Lodging & Resorts | $1.86 | -2.62% | $127.74M | 10.75% | 3.08 | 33.17% |
NHI Listed
|
National Health Investors, Inc. | Health Care | $71.91 | +0.56% | $3.53B | 5.23% | 14.08 | 73.65% |
KRG Listed
|
Kite Realty Group Trust | Retail | $26.09 | -0.65% | $5.23B | 4.45% | 13.02 | 57.90% |
PLD Listed
|
Prologis, Inc. | Industrial | $138.25 | +1.22% | $128.90B | 3.10% | 26.44 | 81.87% |
WY Listed
|
Weyerhaeuser Company | Timberland | $23.04 | -0.65% | $16.61B | 3.65% | 29.59 | 107.89% |
AMH Listed
|
American Homes 4 Rent | Residential | $32.71 | -0.85% | $11.75B | 4.04% | 14.04 | 56.64% |
NXRT Listed
|
NexPoint Residential Trust, Inc. | Residential | $23.70 | -1.66% | $605.53M | 8.95% | 7.20 | 64.39% |
INN Listed
|
Summit Hotel Properties, Inc. | Lodging & Resorts | $5.72 | -1.04% | $616.92M | 5.59% | 4.10 | 22.94% |
SUI Listed
|
Sun Communities, Inc. | Residential | $119.85 | -1.15% | $14.77B | 3.74% | 17.32 | 64.75% |
EXR Listed
|
Extra Space Storage Inc. | Self-Storage | $140.98 | +0.75% | $29.78B | 4.60% | 16.14 | 74.20% |
CPT Listed
|
Camden Property Trust | Residential | $105.60 | +0.06% | $10.62B | 4.02% | 13.85 | 55.62% |
AKR Listed
|
Acadia Realty Trust | Retail | $20.28 | -0.54% | $2.79B | 3.94% | 15.92 | 62.80% |
CLDT Listed
|
Chatham Lodging Trust | Lodging & Resorts | $12.99 | -1.14% | $604.89M | 3.08% | 10.13 | 31.21% |
RHP Listed
|
Ryman Hospitality Properties, Inc. | Lodging & Resorts | $122.25 | -0.32% | $7.72B | 3.93% | 13.65 | 53.60% |
IVT Listed
|
InvenTrust Properties Corp. | Retail | $32.55 | -0.70% | $2.54B | 3.07% | 16.41 | 50.41% |
REG Listed
|
Regency Centers Corporation | Retail | $75.92 | +0.15% | $13.90B | 3.98% | 16.72 | 66.49% |
MAA Listed
|
Mid-America Apartment Communities, Inc. | Residential | $128.56 | -0.04% | $14.96B | 4.76% | 13.96 | 66.48% |
CTO Listed
|
CTO Realty Growth, Inc. | Diversified | $21.42 | -0.05% | $802.94M | 7.10% | 10.71 | 75.98% |
RYN Listed
|
Rayonier Inc. REIT | Timberland | $20.32 | +0.44% | $6.11B | 5.12% | 12.56 | 64.30% |
UDR Listed
|
UDR, Inc. | Residential | $36.37 | -0.60% | $11.82B | 1.59% | 13.34 | 21.27% |
SKT Listed
|
Tanger Inc. | Retail | $37.15 | -1.46% | $4.27B | 3.36% | 14.41 | 48.49% |
LAMR Listed
|
Lamar Advertising Company | Specialty | $151.55 | +0.03% | $15.38B | 4.35% | 17.83 | 77.63% |
BRX Listed
|
Brixmor Property Group Inc. | Retail | $29.27 | -0.44% | $8.98B | 4.20% | 13.82 | 58.08% |
PECO Listed
|
Phillips Edison & Co. | Retail | $39.18 | -0.08% | $5.04B | 3.52% | 15.63 | 55.06% |
FRT Listed
|
Federal Realty Investment Trust | Retail | $117.16 | -0.66% | $10.12B | 3.96% | 16.16 | 64.01% |
STAG Listed
|
STAG Industrial, Inc. | Industrial | $37.70 | +0.72% | $7.27B | 3.95% | 15.31 | 60.51% |
VICI Listed
|
VICI Properties Inc. | Gaming | $25.65 | +0.16% | $28.24B | 7.02% | 10.86 | 76.21% |
DLR Listed
|
Digital Realty Trust, Inc. | Data Centers | $187.79 | +2.19% | $65.99B | 2.60% | 27.37 | 71.13% |
AVB Listed
|
AvalonBay Communities, Inc. | Residential | $184.06 | +0.00% | $26.28B | 3.87% | 15.57 | 60.23% |
GLPI Listed
|
Gaming and Leisure Properties, Inc. | Gaming | $42.36 | +0.05% | $12.32B | 7.74% | 10.50 | 81.29% |
INVH Listed
|
Invitation Homes Inc. | Residential | $28.45 | -1.35% | $16.80B | 4.22% | 14.46 | 61.00% |
DOC Listed
|
Healthpeak Properties, Inc. | Health Care | $21.03 | +0.00% | $14.50B | 5.80% | 11.69 | 67.83% |
SILA Listed
|
Sila Realty Trust, Inc. | Health Care | $30.36 | +0.00% | $1.68B | 5.27% | 14.15 | 74.55% |
LXP Listed
|
LXP Industrial Trust | Industrial | $60.72 | -0.02% | $3.58B | 4.61% | 18.84 | 86.89% |
EPRT Listed
|
Essential Properties Realty Trust, Inc. | Diversified | $29.70 | -0.90% | $6.42B | 4.31% | 15.71 | 67.72% |
EQIX Listed
|
Equinix, Inc. | Data Centers | $1,040.83 | +2.12% | $102.70B | 1.98% | 26.11 | 51.78% |
CUBE Listed
|
CubeSmart | Self-Storage | $39.75 | +0.73% | $9.00B | 5.33% | 14.89 | 79.42% |
ESS Listed
|
Essex Property Trust, Inc. | Residential | $278.65 | +0.49% | $17.91B | 3.72% | 16.72 | 62.15% |
KIM Listed
|
Kimco Realty Corporation | Retail | $23.93 | -0.64% | $16.05B | 4.68% | 14.40 | 67.41% |
ELS Listed
|
Equity LifeStyle Properties, Inc. | Residential | $62.61 | -0.81% | $12.15B | 3.47% | 21.94 | 76.03% |
FCPT Listed
|
Four Corners Property Trust, Inc. | Retail | $24.91 | +0.73% | $2.73B | 1.96% | 13.34 | 26.17% |
PSTL Listed
|
Postal Realty Trust, Inc. | Office | $23.85 | +0.00% | $721.44M | 4.11% | 13.05 | 53.62% |
WSR Listed
|
Whitestone REIT | Retail | $18.97 | +0.08% | $974.94M | 2.85% | 19.38 | 55.16% |
FPI Listed
|
Farmland Partners Inc. | Specialty | $10.53 | +0.77% | $459.43M | 3.42% | 30.97 | 105.89% |
CSR Listed
|
Centerspace | Residential | $52.39 | -0.74% | $879.85M | 5.88% | 8.93 | 52.48% |
VTR Listed
|
Ventas, Inc. | Health Care | $92.10 | +0.04% | $47.24B | 2.26% | 25.35 | 57.26% |
WHLR Listed
|
Wheeler Real Estate Investment Trust, Inc. | Retail | $0.51 | -2.57% | $988.77K | — | 0.00 | — |
STRW Listed
|
Strawberry Fields REIT, Inc. | Health Care | $13.70 | +0.74% | $193.96M | 4.96% | 1.93 | 9.59% |
NNN Listed
|
NNN REIT, Inc. | Retail | $45.18 | +0.24% | $8.67B | 5.49% | 12.73 | 69.88% |
RLJ Listed
|
RLJ Lodging Trust | Lodging & Resorts | $10.89 | -1.71% | $1.66B | 5.51% | 6.69 | 36.83% |
LINE Listed
|
Lineage, Inc. | Industrial | $38.33 | -1.16% | $8.73B | 5.56% | 9.27 | 51.50% |
WELL Listed
|
Welltower Inc. | Health Care | $241.09 | +1.05% | $173.72B | 1.41% | 56.85 | 80.17% |
UMH Listed
|
UMH Properties, Inc. | Residential | $15.95 | -0.68% | $1.36B | 5.64% | 16.63 | 93.81% |
CHCT Listed
|
Community Healthcare Trust Incorporated | Health Care | $14.90 | +0.00% | $426.94M | 8.86% | 7.09 | 62.82% |
KRC Listed
|
Kilroy Realty Corporation | Office | $36.96 | +1.34% | $4.30B | 5.84% | 7.77 | 45.39% |
UHT Listed
|
Universal Health Realty Income Trust | Health Care | $41.16 | -0.39% | $572.07M | 7.29% | 11.62 | 84.72% |
EPR Listed
|
EPR Properties | Specialty | $60.48 | +1.46% | $4.63B | 6.15% | 10.99 | 67.60% |
HIW Listed
|
Highwoods Properties, Inc. | Office | $31.01 | +0.49% | $3.42B | 6.45% | 9.33 | 60.21% |
XHR Listed
|
Xenia Hotels & Resorts, Inc. | Lodging & Resorts | $18.15 | -1.57% | $1.67B | 3.09% | 9.99 | 30.83% |
AMT Listed
|
American Tower Corporation | Infrastructure | $177.75 | +2.79% | $82.82B | 4.03% | 15.26 | 61.48% |
OLP Listed
|
One Liberty Properties, Inc. | Diversified | $23.74 | -0.42% | $518.13M | 7.58% | 13.23 | 100.32% |
ADC Listed
|
Agree Realty Corporation | Retail | $72.73 | +0.14% | $9.05B | 4.41% | 16.04 | 70.67% |
CDP Listed
|
COPT Defense Properties | Office | $35.30 | -0.45% | $4.00B | 3.63% | 11.94 | 43.30% |
AHT Listed
|
Ashford Hospitality Trust, Inc. | Lodging & Resorts | $3.10 | -0.64% | $20.06M | 7.74% | -1.18 | -9.15% |
IRT Listed
|
Independence Realty Trust, Inc. | Residential | $16.13 | -1.16% | $3.80B | 4.46% | 13.42 | 59.90% |
BNL Listed
|
Broadstone Net Lease, Inc. | Diversified | $20.87 | -0.71% | $4.00B | 5.61% | 13.77 | 77.18% |
WPC Listed
|
W. P. Carey Inc. | Diversified | $70.27 | -0.44% | $16.01B | 5.35% | 12.12 | 64.83% |
HR Listed
|
Healthcare Realty Trust Incorporated | Health Care | $19.27 | -0.16% | $6.60B | 4.98% | 14.75 | 73.47% |
UE Listed
|
Urban Edge Properties | Retail | $21.16 | -0.70% | $2.67B | 3.97% | 14.58 | 57.88% |
NHP Listed
|
National Healthcare Properties, Inc. (NHP) | Health Care | $15.99 | -0.93% | $454.31M | 1.88% | 65.13 | 122.19% |
CUZ Listed
|
Cousins Properties Incorporated | Office | $29.25 | +1.42% | $4.81B | 4.38% | 12.27 | 53.68% |
GNL Listed
|
Global Net Lease, Inc. | Diversified | $9.14 | -0.11% | $1.93B | 8.32% | 9.16 | 76.16% |
SBRA Listed
|
Sabra Health Care REIT, Inc. | Health Care | $20.93 | +0.34% | $5.35B | 5.73% | 14.68 | 84.16% |
ESRT Listed
|
Empire State Realty Trust, Inc. | Diversified | $4.42 | +0.68% | $757.85M | 3.17% | 4.79 | 15.18% |
AAT Listed
|
American Assets Trust, Inc. | Diversified | $22.16 | +0.45% | $1.36B | 6.14% | 10.18 | 62.45% |
SMA Listed
|
Smartstop Self Storage REIT Inc | Self-Storage | $33.10 | +1.97% | $1.83B | 4.93% | 18.43 | 90.78% |
NYC Listed
|
American Strategic Investment Co. | Diversified | $6.24 | +2.13% | $19.74M | — | -2.05 | — |
PDM Listed
|
Piedmont Office Realty Trust, Inc. | Office | $9.69 | -0.10% | $1.21B | 5.16% | 8.58 | 44.26% |
AHRT Listed
|
AH Realty Trust, Inc. | Diversified | $6.50 | +0.46% | $484.85M | 8.62% | 8.29 | 71.41% |
SBAC Listed
|
SBA Communications Corporation | Infrastructure | $191.52 | +2.74% | $20.32B | 2.61% | 15.95 | 41.64% |
NSA Listed
|
National Storage Affiliates Trust | Self-Storage | $43.63 | -2.37% | $3.37B | 5.23% | 9.88 | 51.62% |
PINE Listed
|
Alpine Income Property Trust, Inc. | Retail | $19.48 | +0.15% | $343.25M | 6.57% | 11.76 | 77.30% |
LPA Listed
|
Logistic Properties of the Americas | Industrial | $3.14 | -6.55% | $99.28M | — | 35.95 | — |
OUT Listed
|
Outfront Media Inc. | Specialty | $29.40 | -0.51% | $5.18B | 4.49% | 16.17 | 72.61% |
IRM Listed
|
Iron Mountain Incorporated | Specialty | $114.98 | +2.81% | $34.23B | 3.01% | 25.55 | 76.81% |
PEB Listed
|
Pebblebrook Hotel Trust | Lodging & Resorts | $17.73 | -2.53% | $2.00B | 0.23% | 8.31 | 1.87% |
AFCG Listed
|
Advanced Flower Capital Inc. | Diversified | $3.47 | +9.81% | $78.67M | 5.76% | 6.88 | 39.67% |
DEA Listed
|
Easterly Government Properties, Inc. | Office | $24.31 | -0.73% | $1.15B | 7.40% | 4.23 | 31.29% |
CCI Listed
|
Crown Castle Inc. | Infrastructure | $77.26 | +2.49% | $32.87B | 5.50% | 11.04 | 60.75% |
NTST Listed
|
NETSTREIT Corp. | Retail | $20.43 | +0.10% | $2.07B | 4.41% | 15.71 | 69.20% |
BXP Listed
|
BXP, Inc. | Office | $68.23 | +1.68% | $10.89B | 4.10% | 8.71 | 35.73% |
AIV Listed
|
Apartment Investment and Management Company | Residential | $2.54 | -0.78% | $365.39M | — | 44.27 | — |
MPT Listed
|
Medical Properties Trust, Inc. | Health Care | $4.04 | -0.49% | $2.42B | 8.91% | 10.52 | 93.74% |
BFS Listed
|
Saul Centers, Inc. | Retail | $32.50 | -0.43% | $803.31M | 7.26% | 7.89 | 57.27% |
DEI Listed
|
Douglas Emmett, Inc. | Office | $11.28 | -0.44% | $1.89B | 6.74% | 4.88 | 32.90% |
VNO Listed
|
Vornado Realty Trust | Office | $36.54 | -0.08% | $6.82B | 8.10% | 5.57 | 45.11% |
LAND Listed
|
Gladstone Land Corporation | Specialty | $9.76 | +0.62% | $421.01M | 5.74% | 50.95 | 292.55% |
GIPR Listed
|
Generation Income Properties, Inc. | Diversified | $0.52 | +33.52% | $973.46K | — | 0.29 | — |
SLG Listed
|
SL Green Realty Corp. | Office | $54.91 | -0.47% | $3.91B | 5.63% | 50.67 | 285.17% |
PK Listed
|
Park Hotels & Resorts Inc. | Lodging & Resorts | $15.08 | -3.08% | $3.04B | 6.63% | 7.54 | 50.00% |
FSP Listed
|
Franklin Street Properties Corp. | Office | $0.40 | +0.00% | $41.67M | 9.99% | 11.06 | 110.46% |
DHC Listed
|
Diversified Healthcare Trust | Health Care | $7.67 | +0.26% | $1.86B | 0.52% | -93.94 | -48.99% |
MAC Listed
|
The Macerich Company | Retail | $23.06 | -1.54% | $6.54B | 2.95% | 18.40 | 54.26% |
GOOD Listed
|
Gladstone Commercial Corporation | Diversified | $13.02 | +0.15% | $630.27M | 9.22% | 6.97 | 64.28% |
ILPT Listed
|
Industrial Logistics Properties Trust | Industrial | $8.24 | +0.24% | $549.99M | 2.43% | 8.96 | 21.76% |
BRT Listed
|
BRT Apartments Corp. | Residential | $14.67 | +1.24% | $275.70M | 6.82% | 18.74 | 127.74% |
BDN Listed
|
Brandywine Realty Trust | Office | $3.05 | +0.66% | $529.82M | 10.49% | 4.53 | 47.56% |
SAFE Listed
|
Safehold Inc. | Diversified | $15.06 | -1.50% | $1.07B | 4.70% | 22.61 | 106.30% |
BHM Listed
|
Bluerock Homes Trust, Inc. | Residential | $8.80 | +7.32% | $36.16M | 5.68% | 1.23 | 7.00% |
JBGS Listed
|
JBG SMITH Properties | Diversified | $11.75 | -1.51% | $695.38M | 5.96% | 10.80 | 64.37% |
CMCT Listed
|
Creative Media & Community Trust Corporation | Office | $3.60 | +0.28% | $10.61M | 9.44% | 0.57 | 5.40% |
SVC Listed
|
Service Properties Trust | Lodging & Resorts | $7.61 | -0.65% | $985.57M | 0.53% | 2.14 | 1.13% |
CLPR Listed
|
Clipper Realty Inc. | Residential | $3.26 | +0.00% | $52.67M | 11.66% | 6.13 | 71.49% |
SQFT Listed
|
Presidio Property Trust, Inc. | Diversified | $1.41 | -2.43% | $2.02M | 6.55% | 4.11 | 26.88% |
MKZR Listed
|
MacKenzie Realty Capital, Inc. | Diversified | $1.48 | +0.00% | $3.34M | 13.51% | -1.28 | -17.34% |
ARE Listed
|
Alexandria Real Estate Equities, Inc. | Office | $52.69 | -0.06% | $9.18B | 5.47% | 6.35 | 34.70% |
RITM Listed
|
Rithm Capital Corp. | Diversified | $10.05 | +0.30% | $5.61B | 9.95% | -7.44 | -74.05% |
COLD Listed
|
Americold Realty Trust, Inc. | Industrial | $14.11 | -3.29% | $4.03B | 6.52% | 11.21 | 73.10% |
ELME Listed
|
Elme Communities | Residential | $1.68 | -0.59% | $149.28M | — | 2.38 | — |
REXR Listed
|
Rexford Industrial Realty, Inc. | Industrial | $37.01 | +1.04% | $8.25B | 4.70% | 15.88 | 74.64% |
Research only — not investment advice. Yield is the latest declared dividend annualized (specials excluded); P/OCF and payout use GAAP operating cash flow. Open any profile for the company's reported FFO/AFFO and leverage from its latest 8-K. See Methodology.