Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

REIT - Specialty Stocks

REIT - Specialty: American Tower Corporation owns the largest revenue base; Uniti Group Inc. has the fastest current growth.

The industry itself · before any single company

How has REIT - Specialty moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 36% behind S&P 500. Earnings across its companies grew 16% on average over the last four reported quarters.

BASING · +0 joinedFundamentals up, price down3 of 16 companies ahead of S&P 500 by 5% or more over three months3 are 20% or more behind over a year while earnings grew 20% or more

RS — · 8/16 >200d (+2) · 3/16 lead (+0) · EPS 12/15↑

200202620252024202320222021 189348 TRAILING 12-MONTH EPS · 100 AT THE START0100143Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 13 reportingJun 2022 · trailing 12-month earnings per share at 101, against 100 at the start · no comparable year yet · 13 reportingSep 2022 · trailing 12-month earnings per share at 111, against 100 at the start · no comparable year yet · 13 reportingDec 2022 · trailing 12-month earnings per share at 106, against 100 at the start · no comparable year yet · 13 reportingMar 2023 · trailing 12-month earnings per share at 95, against 100 at the start · down 4.6% on a year ago · 13 reportingJun 2023 · trailing 12-month earnings per share at 85, against 100 at the start · down 8.5% on a year ago · 13 reportingSep 2023 · trailing 12-month earnings per share at 62, against 100 at the start · down 5.9% on a year ago · 13 reportingDec 2023 · trailing 12-month earnings per share at 98, against 100 at the start · up 3.0% on a year ago · 13 reportingMar 2024 · trailing 12-month earnings per share at 93, against 100 at the start · up 12.9% on a year ago · 13 reportingJun 2024 · trailing 12-month earnings per share at 92, against 100 at the start · up 23.0% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 85, against 100 at the start · up 11.8% on a year ago · 13 reportingDec 2024 · trailing 12-month earnings per share at 83, against 100 at the start · down 2.9% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 95, against 100 at the start · down 15.4% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 99, against 100 at the start · down 12.8% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 126, against 100 at the start · up 11.9% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 133, against 100 at the start · up 31.5% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 143, against 100 at the start · up 31.9% on a year ago · 13 reportingNot reported yet — earnings trail price by a quarter or two143 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
200202620252024202320222021 189348 TRAILING 12-MONTH EPS · 100 AT THE START0100143Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 13 reportingJun 2022 · trailing 12-month earnings per share at 101, against 100 at the start · no comparable year yet · 13 reportingSep 2022 · trailing 12-month earnings per share at 111, against 100 at the start · no comparable year yet · 13 reportingDec 2022 · trailing 12-month earnings per share at 106, against 100 at the start · no comparable year yet · 13 reportingMar 2023 · trailing 12-month earnings per share at 95, against 100 at the start · down 4.6% on a year ago · 13 reportingJun 2023 · trailing 12-month earnings per share at 85, against 100 at the start · down 8.5% on a year ago · 13 reportingSep 2023 · trailing 12-month earnings per share at 62, against 100 at the start · down 5.9% on a year ago · 13 reportingDec 2023 · trailing 12-month earnings per share at 98, against 100 at the start · up 3.0% on a year ago · 13 reportingMar 2024 · trailing 12-month earnings per share at 93, against 100 at the start · up 12.9% on a year ago · 13 reportingJun 2024 · trailing 12-month earnings per share at 92, against 100 at the start · up 23.0% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 85, against 100 at the start · up 11.8% on a year ago · 13 reportingDec 2024 · trailing 12-month earnings per share at 83, against 100 at the start · down 2.9% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 95, against 100 at the start · down 15.4% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 99, against 100 at the start · down 12.8% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 126, against 100 at the start · up 11.9% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 133, against 100 at the start · up 31.5% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 143, against 100 at the start · up 31.9% on a year ago · 13 reportingNot reported yet — earnings trail price by a quarter or two143No earnings on file this far back — the price series reaches further than the filings do
REIT - Specialty, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy NarrowHow much of the industry is participating, how recently, and whether the movers score well.
Together3 of 16 stocks moving
Fresh1 crossed in the last 4 weeks
Backed by scoresmovers score +7 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large 0/40
Mid 1/50
Small 2/70

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 16 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is REIT - Specialty outperforming S&P 500?

REIT - Specialty has underperformed S&P 500 by 13.6% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 3%. 7 of 15 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. OUTFRONT Media Inc. is the strongest against the sector itself at +22.3%.

-3.0%Sector vs S&P 500 · 13 weeks
-13.6%Sector vs S&P 500 · 52 weeks
7/15Stocks leading S&P 500
7/15Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

REIT - Specialty has underperformed S&P 500 by 13.6% over 52 weeks and 3% over 13 weeks. 7 of 15 covered companies beat the S&P 500 on Mansfield relative strength, while 7 of 15 beat the sector itself. American Tower Corporation leads with income of $10,820 million, based on 13 of 17 comparable companies through Mar 2026.

Is the REIT - Specialty sector outperforming S&P 500?

REIT - Specialty has underperformed S&P 500 by 13.6% over 52 weeks and 3% over 13 weeks. 7 of 15 covered companies beat the S&P 500 on Mansfield relative strength, while 7 of 15 beat the sector itself.

Which REIT - Specialty company is largest by income?

American Tower Corporation leads with income of $10,820 million, based on 13 of 17 comparable companies through Mar 2026.

Which REIT - Specialty company is growing fastest?

Uniti Group Inc. has the fastest current income growth at 100%, across 13 of 17 comparable companies.

Which REIT - Specialty company has the strongest 4-Factor Sector Score?

EPR Properties ranks first at 60.2/100 with 76% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which REIT - Specialty company has the lowest comparable P/BV-to-ROE?

Gaming and Leisure Properties, Inc. has the lowest comparable P/BV ÷ ROE at 0.54, among 10 of 17 companies that pass the metric’s comparability rules.

How much history does this REIT - Specialty comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
17
complete canonical membership
Combined market value
$417.0B
Equinix, Inc.
Revenue growing
10/13
positive TTM year-on-year growth
Beating S&P 500
7/15
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
EPR Properties has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 76% evidence confidence.
Lamar Advertising Company has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded.

1. EPR Properties · EPR

60.2/100 · Mixed-positive evidence · 76% evidence

Exact sum: 19.4 + 15.3 + 8.1 + 17.4 = 60.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.4/35Growth & earnings

Income 2.5% · PAT 82%

71% evidence

15.3/25Capital efficiency

ROA 1.8% · ROE 2.7% · GNPA —

68% evidence

8.1/20Valuation

P/BV 1.65× · P/BV÷ROE 0.61

70% evidence

17.4/20Relative strength

RS sector 11.3% · RS bench 8.4% · 1Y 16.9%

100% evidence

2. Iron Mountain Incorporated · IRM

60.1/100 · Mixed-positive evidence · 64% evidence

Exact sum: 25.8 + 10.8 + 9.8 + 13.7 = 60.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

25.8/35Growth & earnings

Income 15.6% · PAT 100%

71% evidence

10.8/25Capital efficiency

ROA 1.6% · ROE -20.7% · GNPA —

68% evidence

9.8/20Valuation

P/BV -25.01× · P/BV÷ROE —

10% evidence

13.7/20Relative strength

RS sector 14.7% · RS bench 11.7% · 1Y 33.5%

100% evidence

3. Lamar Advertising Company · LAMR

57.4/100 · Mixed-positive evidence · 76% evidence

Exact sum: 15 + 18.2 + 5.8 + 18.4 = 57.4

Decision use: Price leads the evidence: RS versus the benchmark is 12.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

15.0/35Growth & earnings

Income 3.4% · PAT 31.1%

71% evidence

18.2/25Capital efficiency

ROA 2.1% · ROE 10.1% · GNPA —

68% evidence

5.8/20Valuation

P/BV 13.25× · P/BV÷ROE 1.31

70% evidence

18.4/20Relative strength

RS sector 15.2% · RS bench 12.3% · 1Y 34.2%

100% evidence

4. Uniti Group Inc. · UNIT

56.3/100 · Mixed-positive evidence · 76% evidence

Exact sum: 23.9 + 11.9 + 7.1 + 13.4 = 56.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

23.9/35Growth & earnings

Income 100% · PAT 100%

71% evidence

11.9/25Capital efficiency

ROA 1.2% · ROE 6.6% · GNPA —

68% evidence

7.1/20Valuation

P/BV 6.89× · P/BV÷ROE 1.04

70% evidence

13.4/20Relative strength

RS sector 19.5% · RS bench 16.6% · 1Y 27.9%

100% evidence

5. Gaming and Leisure Properties, Inc. · GLPI

52.6/100 · Mixed-positive evidence · 76% evidence

Exact sum: 19.5 + 17.7 + 8.6 + 6.8 = 52.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.5/35Growth & earnings

Income 4.5% · PAT 15%

71% evidence

17.7/25Capital efficiency

ROA 2.6% · ROE 5% · GNPA —

68% evidence

8.6/20Valuation

P/BV 2.71× · P/BV÷ROE 0.54

70% evidence

6.8/20Relative strength

RS sector -4.5% · RS bench -7.1% · 1Y -0.7%

100% evidence

6. Equinix, Inc. · EQIX

50.8/100 · Mixed-positive evidence · 76% evidence

Exact sum: 21.1 + 12.9 + 5.1 + 11.7 = 50.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.1/35Growth & earnings

Income 6.7% · PAT 53.4%

71% evidence

12.9/25Capital efficiency

ROA 1.3% · ROE 2.9% · GNPA —

68% evidence

5.1/20Valuation

P/BV 6.76× · P/BV÷ROE 2.33

70% evidence

11.7/20Relative strength

RS sector 9.7% · RS bench 6.8% · 1Y 34.1%

100% evidence

7. OUTFRONT Media Inc. · OUT

49.3/100 · Mixed-negative evidence · 67% evidence

Exact sum: 20.2 + 10.5 + 4.3 + 14.3 = 49.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.2/35Growth & earnings

Income 3.2% · PAT -29.4%

45% evidence

10.5/25Capital efficiency

ROA 1.1% · ROE 2.8% · GNPA —

68% evidence

4.3/20Valuation

P/BV 7.05× · P/BV÷ROE 2.52

70% evidence

14.3/20Relative strength

RS sector 22.3% · RS bench 19.5% · 1Y 88.6%

100% evidence

8. Weyerhaeuser Company · WY

45.9/100 · Mixed-negative evidence · 76% evidence

Exact sum: 16.1 + 12.8 + 7 + 10 = 45.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.1/35Growth & earnings

Income -3.1% · PAT 8.8%

71% evidence

12.8/25Capital efficiency

ROA 1.4% · ROE 1.6% · GNPA —

68% evidence

7.0/20Valuation

P/BV 1.87× · P/BV÷ROE 1.17

70% evidence

10.0/20Relative strength

RS sector -3.6% · RS bench -6.2% · 1Y -1.9%

100% evidence

9. Digital Realty Trust, Inc. · DLR

45.5/100 · Mixed-negative evidence · 60% evidence

Exact sum: 17.7 + 10.2 + 5.9 + 11.7 = 45.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.7/35Growth & earnings

Income — · PAT —

26% evidence

10.2/25Capital efficiency

ROA 0.8% · ROE 1.7% · GNPA —

68% evidence

5.9/20Valuation

P/BV 2.3× · P/BV÷ROE 1.35

70% evidence

11.7/20Relative strength

RS sector 5.6% · RS bench 2.7% · 1Y 12.2%

100% evidence

10. SBA Communications Corporation · SBAC

43.6/100 · Mixed-negative evidence · 64% evidence

Exact sum: 17.1 + 14.7 + 9.8 + 2 = 43.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.1/35Growth & earnings

Income 6.3% · PAT 25.7%

71% evidence

14.7/25Capital efficiency

ROA 2.4% · ROE -3.9% · GNPA —

68% evidence

9.8/20Valuation

P/BV -3.84× · P/BV÷ROE —

10% evidence

2.0/20Relative strength

RS sector -15% · RS bench -17.3% · 1Y -23.5%

100% evidence

11. American Tower Corporation · AMT

42.1/100 · Mixed-negative evidence · 76% evidence

Exact sum: 16.1 + 16.2 + 3.5 + 6.3 = 42.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.1/35Growth & earnings

Income 6.3% · PAT 2.8%

71% evidence

16.2/25Capital efficiency

ROA 1.7% · ROE 8.7% · GNPA —

68% evidence

3.5/20Valuation

P/BV 22.83× · P/BV÷ROE 2.62

70% evidence

6.3/20Relative strength

RS sector -10.5% · RS bench -13% · 1Y -19.1%

100% evidence

12. Rayonier Inc. · RYN

37.3/100 · Thin evidence · provisional · 55% evidence

Exact sum: 12.6 + 6.3 + 9.8 + 8.6 = 37.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

12.6/35Growth & earnings

Income -29.1% · PAT -80.2%

45% evidence

6.3/25Capital efficiency

ROA -0.2% · ROE -0.3% · GNPA —

68% evidence

9.8/20Valuation

P/BV 1.17× · P/BV÷ROE —

10% evidence

8.6/20Relative strength

RS sector -7% · RS bench -9.6% · 1Y -5.7%

100% evidence

13. Gladstone Land Corporation · LAND

30.6/100 · Thin evidence · provisional · 58% evidence

Exact sum: 10.7 + 6.5 + 9.8 + 3.6 = 30.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

10.7/35Growth & earnings

Income 7.3% · PAT -140%

71% evidence

6.5/25Capital efficiency

ROA 0% · ROE -0.6% · GNPA —

68% evidence

9.8/20Valuation

P/BV 0.62× · P/BV÷ROE —

10% evidence

3.6/20Relative strength

RS sector -15.2% · RS bench -17.5% · 1Y -6.9%

70% evidence

14. Farmland Partners Inc. · FPI

26.3/100 · Adverse evidence · 70% evidence

Exact sum: 10 + 7.6 + 3.8 + 4.9 = 26.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

10.0/35Growth & earnings

Income -5.5% · PAT -50%

71% evidence

7.6/25Capital efficiency

ROA 0.5% · ROE 0.1% · GNPA —

68% evidence

3.8/20Valuation

P/BV 1.06× · P/BV÷ROE 10.64

70% evidence

4.9/20Relative strength

RS sector -13.9% · RS bench -16.3% · 1Y -10%

70% evidence

15. Blackstone Digital Infrastructure Trust Inc. · BXDC

50.0/100 · Thin evidence · provisional · 0% evidence

Exact sum: 17.5 + 12.5 + 10 + 10 = 50

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.5/35Growth & earnings

Income — · PAT —

0% evidence

12.5/25Capital efficiency

ROA — · ROE — · GNPA —

0% evidence

10.0/20Valuation

P/BV — · P/BV÷ROE —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

16. Fermi Inc. · FRMI

41.5/100 · Thin evidence · provisional · 19% evidence

Exact sum: 17.5 + 4.3 + 9.7 + 10 = 41.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.5/35Growth & earnings

Income — · PAT —

0% evidence

4.3/25Capital efficiency

ROA -9.4% · ROE -17.6% · GNPA —

68% evidence

9.7/20Valuation

P/BV 3.43× · P/BV÷ROE —

10% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

17. Crown Castle Inc. · CCI

41.3/100 · Thin evidence · provisional · 48% evidence

Exact sum: 17.3 + 12.9 + 9.8 + 1.3 = 41.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.3/35Growth & earnings

Income — · PAT —

26% evidence

12.9/25Capital efficiency

ROA 1.7% · ROE -10.9% · GNPA —

68% evidence

9.8/20Valuation

P/BV -10.11× · P/BV÷ROE —

10% evidence

1.3/20Relative strength

RS sector -19% · RS bench -21.3% · 1Y -29.1%

100% evidence

01 · compare level, then change

Income Scale & Growth Durability

American Tower Corporation has the highest Income among the 17 REIT - Specialty companies compared here, at $10,820 million. Equinix, Inc. is next at $9,436 million. Uniti Group Inc. has the highest Income growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: American Tower Corporation is the scale leader at $10,820 million, 14.7% ahead of Equinix, Inc.. Uniti Group Inc.'s growth is stored at the ≥100% scoring cap; the uncapped TTM change is 149.5% from a $2,929 million base, with 18 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderAmerican Tower Corporation · $10,820 million
Gap14.7% versus #2 · Equinix, Inc.
Persistence7/8 recent comparable periods
Coverage13/17 companies · 284 observations

Investor read: American Tower Corporation is the scale benchmark; Uniti Group Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: American Tower Corporation's growth falls below Uniti Group Inc.'s for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
1American Tower Corporation AMT$10.8B
2Equinix, Inc. EQIX$9.4B
3Iron Mountain Incorporated IRM$7.2B
4Weyerhaeuser Company WY$6.9B
5Uniti Group Inc. UNIT$2.9B
Income growthfastest growers
1Uniti Group Inc. UNIT100%
2Iron Mountain Incorporated IRM16%
3Gladstone Land Corporation LAND7.3%
4Equinix, Inc. EQIX6.7%
5American Tower Corporation AMT6.3%
Income · company comparison
13/17 level · 13/17 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyIncomeIncome growthReported
American Tower Corporation AMT$2.7B6.8%Mar 2026
Equinix, Inc. EQIX$2.4B9.8%Mar 2026
Iron Mountain Incorporated IRM$1.9B22%Mar 2026
Weyerhaeuser Company WY$1.7B-2.0%Mar 2026
Digital Realty Trust, Inc. DLR$1.6B16%Jun 2026
Crown Castle Inc. CCI$1.0B-4.8%Jun 2026
Uniti Group Inc. UNIT$988M236%Mar 2026
SBA Communications Corporation SBAC$703M5.9%Mar 2026
Lamar Advertising Company LAMR$528M4.6%Mar 2026
OUTFRONT Media Inc. OUT$430M10.0%Mar 2026
Gaming and Leisure Properties, Inc. GLPI$420M6.3%Mar 2026
Rayonier Inc. RYN$277M234%Mar 2026
EPR Properties EPR$181M3.4%Mar 2026
Gladstone Land Corporation LAND$17M0.0%Mar 2026
Farmland Partners Inc. FPI$10M0.0%Mar 2026
Full 20-quarter history · every available company

Income · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

$2.5B
$2.4B
$2.7B
$2.7B
$2.7B
$2.7B
$2.8B
$2.8B
$2.5B
$2.5B
$2.5B
$2.5B
$2.5B
$2.5B
$2.6B
$2.6B
$2.7B
$2.7B
$2.7B

Crown Castle Inc. · CCI

$1.6B
$1.7B
$1.7B
$1.7B
$1.7B
$1.8B
$1.8B
$1.9B
$1.7B
$1.7B
$1.1B
$1.1B
$1.1B
$1.1B
$1.1B
$1.1B
$1.1B
$1.1B
$1.0B

Digital Realty Trust, Inc. · DLR

$1.1B
$1.1B
$1.1B
$1.1B
$1.2B
$1.2B
$1.3B
$1.4B
$1.4B
$1.4B
$1.3B
$1.4B
$1.4B
$1.4B
$1.4B
$1.5B
$1.6B
$1.6B
$1.6B

EPR Properties · EPR

$140M
$155M
$157M
$160M
$161M
$179M
$171M
$173M
$189M
$172M
$167M
$173M
$181M
$177M
$175M
$178M
$182M
$183M
$181M

Equinix, Inc. · EQIX

$1.7B
$1.7B
$1.7B
$1.8B
$1.8B
$1.9B
$2.0B
$2.0B
$2.1B
$2.1B
$2.1B
$2.2B
$2.2B
$2.3B
$2.2B
$2.3B
$2.3B
$2.4B
$2.4B

Gaming and Leisure Properties, Inc. · GLPI

$299M
$298M
$315M
$327M
$334M
$336M
$355M
$357M
$360M
$369M
$376M
$381M
$385M
$390M
$395M
$395M
$398M
$407M
$420M

Iron Mountain Incorporated · IRM

$1.1B
$1.2B
$1.2B
$1.3B
$1.3B
$1.3B
$1.3B
$1.4B
$1.4B
$1.4B
$1.5B
$1.5B
$1.6B
$1.6B
$1.6B
$1.7B
$1.8B
$1.8B
$1.9B

Lamar Advertising Company · LAMR

$477M
$495M
$451M
$518M
$527M
$536M
$471M
$541M
$543M
$556M
$498M
$565M
$564M
$580M
$505M
$579M
$586M
$596M
$528M

OUTFRONT Media Inc. · OUT

$399M
$465M
$374M
$450M
$454M
$495M
$396M
$469M
$455M
$501M
$409M
$477M
$452M
$493M
$391M
$460M
$468M
$513M
$430M

Rayonier Inc. · RYN

$365M
$262M
$222M
$246M
$195M
$245M
$179M
$209M
$202M
$467M
$114M
$100M
$124M
$650M
$83M
$107M
$178M
$117M
$277M

SBA Communications Corporation · SBAC

$589M
$595M
$620M
$652M
$676M
$686M
$676M
$679M
$683M
$675M
$658M
$660M
$668M
$694M
$664M
$699M
$732M
$720M
$703M

Weyerhaeuser Company · WY

$2.3B
$2.2B
$3.1B
$3.0B
$2.3B
$1.8B
$1.9B
$2.0B
$2.0B
$1.8B
$1.8B
$1.9B
$1.7B
$1.7B
$1.8B
$1.9B
$1.7B
$1.5B
$1.7B

Income growth · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

16%
8.9%
11%
4.0%
3.7%
-5.7%
-9.2%
-9.2%
-8.2%
0.0%
3.8%
2.0%
3.2%
7.7%
7.5%
6.8%

Crown Castle Inc. · CCI

9.5%
7.9%
6.7%
1.8%
7.7%
-4.5%
-5.1%
-37%
-41%
-33%
-33%
-4.8%
-4.3%
-4.3%
-4.3%
-4.8%

Digital Realty Trust, Inc. · DLR

4.2%
5.2%
11%
19%
20%
18%
11%
-0.6%
-0.7%
2.1%
4.8%
5.8%
10%
10%
14%
16%

EPR Properties · EPR

28%
15%
15%
8.9%
8.1%
17%
-3.9%
-2.3%
0.0%
-4.2%
2.9%
4.8%
2.9%
0.6%
3.4%
3.4%

Equinix, Inc. · EQIX

9.6%
9.9%
9.7%
15%
11%
12%
13%
6.5%
6.9%
6.8%
7.2%
4.6%
4.5%
5.2%
7.0%
9.8%

Gaming and Leisure Properties, Inc. · GLPI

2.8%
12%
13%
13%
9.2%
7.8%
9.8%
5.9%
6.7%
6.9%
5.7%
5.1%
3.7%
3.4%
4.4%
6.3%

Iron Mountain Incorporated · IRM

15%
14%
10%
5.3%
5.3%
7.9%
11%
12%
13%
12%
11%
7.9%
12%
13%
17%
22%

Lamar Advertising Company · LAMR

16%
10%
8.3%
4.4%
4.4%
3.0%
3.7%
5.7%
4.4%
3.9%
4.3%
1.4%
2.5%
3.9%
2.8%
4.6%

OUTFRONT Media Inc. · OUT

32%
14%
6.5%
5.9%
4.2%
0.2%
1.2%
3.3%
1.7%
-0.7%
-1.6%
-4.4%
-3.6%
3.5%
4.1%
10.0%

Rayonier Inc. · RYN

-15%
-47%
-6.5%
-19%
-15%
3.6%
91%
-36%
-52%
-39%
39%
-27%
7.0%
44%
-82%
234%

SBA Communications Corporation · SBAC

13%
15%
15%
9.0%
4.1%
1.0%
-1.6%
-2.7%
-2.8%
-2.2%
2.8%
0.9%
5.9%
9.6%
3.8%
5.9%

Weyerhaeuser Company · WY

-5.4%
-2.9%
-17%
-40%
-33%
-11%
-2.7%
-4.5%
-2.9%
-17%
-3.7%
-1.8%
-2.8%
2.1%
-9.8%
-2.0%
02 · compare level, then change

Profit Scale & Acceleration

American Tower Corporation has the highest Net profit among the 17 REIT - Specialty companies compared here, at $3,010 million. Equinix, Inc. is next at $1,420 million. Iron Mountain Incorporated has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: American Tower Corporation leads with $3,010 million of TTM profit, 112% above Equinix, Inc.. Iron Mountain Incorporated shows ≥100% on the scoring scale (131.7% uncapped) growth from a $285 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderAmerican Tower Corporation · $3,010 million
Gap112% versus #2 · Equinix, Inc.
Persistence4/8 recent comparable periods
Coverage13/17 companies · 288 observations

Investor read: American Tower Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
1American Tower Corporation AMT$3.0B
2Equinix, Inc. EQIX$1.4B
3Uniti Group Inc. UNIT$1.2B
4SBA Communications Corporation SBAC$1.0B
5Gaming and Leisure Properties, Inc. GLPI$918M
Profit growthfastest growers
1Iron Mountain Incorporated IRM100%
2Uniti Group Inc. UNIT100%
3EPR Properties EPR82%
4Equinix, Inc. EQIX53%
5Lamar Advertising Company LAMR31%
Net profit · company comparison
13/17 level · 11/17 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
American Tower Corporation AMT$879M76%Mar 2026
Equinix, Inc. EQIX$415M21%Mar 2026
Gaming and Leisure Properties, Inc. GLPI$239M41%Mar 2026
Crown Castle Inc. CCI$222M-21%Jun 2026
SBA Communications Corporation SBAC$185M-15%Mar 2026
Digital Realty Trust, Inc. DLR$175M65%Jun 2026
Weyerhaeuser Company WY$156M88%Mar 2026
Iron Mountain Incorporated IRM$149M831%Mar 2026
Lamar Advertising Company LAMR$102M-27%Mar 2026
EPR Properties EPR$63M-4.6%Mar 2026
OUTFRONT Media Inc. OUT$19M31%Mar 2026
Farmland Partners Inc. FPI$1M-50%Mar 2026
Gladstone Land Corporation LAND$-4M-127%Mar 2026
Rayonier Inc. RYN$-13M-92%Mar 2026
Uniti Group Inc. UNIT$-70M-683%Mar 2026
Fermi Inc. FRMI$-189MMar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

$726M
$441M
$703M
$891M
$820M
$-717M
$315M
$462M
$775M
$-61M
$830M
$770M
$428M
$1.2B
$499M
$381M
$913M
$837M
$879M

Crown Castle Inc. · CCI

$361M
$363M
$475M
$425M
$427M
$424M
$424M
$459M
$265M
$368M
$290M
$263M
$304M
$354M
$282M
$261M
$277M
$277M
$222M

Digital Realty Trust, Inc. · DLR

$137M
$1.1B
$77M
$64M
$239M
$1M
$69M
$116M
$746M
$20M
$288M
$75M
$40M
$186M
$106M
$1.0B
$64M
$96M
$175M

EPR Properties · EPR

$32M
$45M
$42M
$41M
$51M
$42M
$58M
$14M
$56M
$46M
$63M
$45M
$47M
$-8M
$66M
$76M
$67M
$67M
$63M

Equinix, Inc. · EQIX

$152M
$123M
$148M
$216M
$212M
$129M
$259M
$207M
$276M
$227M
$231M
$301M
$296M
$-14M
$343M
$367M
$374M
$264M
$415M

Gaming and Leisure Properties, Inc. · GLPI

$149M
$120M
$122M
$156M
$226M
$200M
$189M
$160M
$189M
$217M
$180M
$214M
$190M
$224M
$170M
$156M
$248M
$275M
$239M

Iron Mountain Incorporated · IRM

$68M
$61M
$42M
$202M
$193M
$126M
$66M
$1M
$91M
$29M
$77M
$35M
$-34M
$106M
$16M
$-43M
$86M
$93M
$149M

Lamar Advertising Company · LAMR

$107M
$123M
$92M
$134M
$146M
$66M
$76M
$131M
$140M
$149M
$78M
$138M
$148M
$-1M
$139M
$155M
$144M
$155M
$102M

OUTFRONT Media Inc. · OUT

$33M
$72M
$0M
$48M
$41M
$69M
$-29M
$-478M
$17M
$61M
$-27M
$177M
$35M
$74M
$-21M
$20M
$51M
$97M
$19M

Rayonier Inc. · RYN

$111M
$22M
$31M
$25M
$32M
$35M
$7M
$19M
$23M
$137M
$-5M
$-4M
$22M
$327M
$-6M
$10M
$44M
$26M
$-13M

SBA Communications Corporation · SBAC

$48M
$49M
$188M
$69M
$100M
$103M
$101M
$202M
$85M
$110M
$155M
$159M
$256M
$179M
$218M
$226M
$240M
$370M
$185M

Weyerhaeuser Company · WY

$482M
$416M
$771M
$788M
$310M
$11M
$151M
$230M
$239M
$219M
$114M
$173M
$28M
$81M
$83M
$87M
$80M
$74M
$156M

Profit growth · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

19%
13%
-263%
-55%
-48%
-5.5%
163%
67%
-45%
-40%
-51%
113%
-32%
76%

Crown Castle Inc. · CCI

23%
18%
17%
-11%
8.0%
-38%
-13%
-32%
-43%
15%
-3.8%
-2.8%
-0.8%
-8.9%
-22%
-21%

Digital Realty Trust, Inc. · DLR

-49%
74%
-100%
-10%
81%
212%
1,900%
317%
-35%
-95%
830%
-63%
1,296%
60%
-48%
65%

EPR Properties · EPR

116%
59%
-6.7%
38%
-66%
9.8%
9.5%
8.6%
221%
-16%
-117%
4.8%
69%
43%
-4.6%

Equinix, Inc. · EQIX

218%
39%
4.9%
75%
-4.2%
30%
76%
-11%
45%
7.3%
-106%
48%
22%
26%
21%

Gaming and Leisure Properties, Inc. · GLPI

13%
52%
67%
55%
2.6%
-16%
8.5%
-4.8%
34%
0.5%
3.2%
-5.6%
-27%
31%
23%
41%

Iron Mountain Incorporated · IRM

-27%
184%
107%
57%
-100%
-53%
-77%
17%
3,400%
-137%
266%
-79%
-223%
-12%
831%

Lamar Advertising Company · LAMR

12%
36%
-46%
-17%
-2.2%
-4.1%
126%
2.6%
5.3%
5.7%
-101%
78%
12%
-2.7%
-27%

OUTFRONT Media Inc. · OUT

24%
-4.2%
-1,096%
-59%
-12%
106%
21%
-89%
46%
31%

Rayonier Inc. · RYN

-60%
-71%
59%
-77%
-24%
-28%
291%
-171%
-121%
-4.4%
139%
100%
-92%

SBA Communications Corporation · SBAC

-55%
108%
110%
-46%
193%
-15%
6.8%
53%
-21%
201%
63%
41%
42%
-6.3%
107%
-15%

Weyerhaeuser Company · WY

-23%
-36%
-97%
-80%
-71%
-23%
1,891%
-25%
-25%
-88%
-63%
-27%
-50%
186%
-8.6%
88%
03 · compare level, then change

Funding Base & Its Composition

No company in this REIT - Specialty comparison has a funding base figure that passes this section's guard, so the Deposits rank is empty. On Borrowings, American Tower Corporation is highest at $45,131 million, across 16 of 17 companies with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.

LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/17 companies · 0 observations

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
Not enough comparable data
Borrowingslargest borrowings
1American Tower Corporation AMT$45.1B
2Crown Castle Inc. CCI$23.4B
3Equinix, Inc. EQIX$23.3B
4Digital Realty Trust, Inc. DLR$19.8B
5Iron Mountain Incorporated IRM$19.4B
Funding base · company comparison
0/17 level · 16/17 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyDepositsBorrowingsReported
Equinix, Inc. EQIX$23.3BMar 2026
American Tower Corporation AMT$45.1BMar 2026
Digital Realty Trust, Inc. DLR$19.8BJun 2026
Iron Mountain Incorporated IRM$19.4BMar 2026
Crown Castle Inc. CCI$23.4BJun 2026
SBA Communications Corporation SBAC$15.4BMar 2026
Weyerhaeuser Company WY$5.4BMar 2026
Lamar Advertising Company LAMR$5.0BMar 2026
Gaming and Leisure Properties, Inc. GLPI$8.4BMar 2026
Rayonier Inc. RYN$2.1BMar 2026
OUTFRONT Media Inc. OUT$4.2BMar 2026
EPR Properties EPR$3.1BMar 2026
Fermi Inc. FRMI$465MMar 2026
Uniti Group Inc. UNIT$11.1BMar 2026
Farmland Partners Inc. FPI$232MMar 2026
Gladstone Land Corporation LAND$484MMar 2026
Full 20-quarter history · every available company

No consistent historical series is available for deposits.

Borrowings · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

$42.1B
$52.0B
$52.2B
$49.5B
$46.7B
$47.1B
$46.9B
$47.2B
$46.8B
$46.3B
$47.8B
$47.4B
$44.8B
$44.0B
$44.4B
$45.2B
$45.0B
$45.0B
$45.1B

Crown Castle Inc. · CCI

$26.7B
$27.0B
$27.6B
$27.6B
$27.8B
$28.0B
$28.5B
$28.5B
$28.7B
$28.8B
$29.1B
$29.4B
$29.6B
$29.4B
$29.7B
$29.6B
$29.6B
$29.6B
$29.9B
$23.4B

Digital Realty Trust, Inc. · DLR

$2.4B
$1.9B
$2.4B
$2.9B
$3.6B
$3.6B
$4.0B
$3.7B
$3.1B
$3.4B
$3.3B
$3.2B
$3.1B
$2.9B
$2.4B
$19.8B
$19.5B
$2.2B
$19.2B
$19.8B

EPR Properties · EPR

$2.9B
$3.0B
$3.0B
$3.0B
$3.0B
$3.1B
$3.1B
$3.0B
$3.0B
$3.0B
$3.0B
$3.0B
$3.1B
$3.1B
$3.0B
$3.0B
$3.0B
$3.1B
$3.1B

Equinix, Inc. · EQIX

$15.1B
$15.0B
$15.1B
$16.3B
$16.0B
$16.5B
$17.0B
$17.2B
$17.4B
$17.5B
$17.3B
$18.0B
$19.2B
$19.0B
$19.7B
$21.9B
$21.0B
$22.7B
$23.3B

Gaming and Leisure Properties, Inc. · GLPI

$5.9B
$6.8B
$6.8B
$6.8B
$6.4B
$6.4B
$6.6B
$6.5B
$6.5B
$6.9B
$6.9B
$6.9B
$7.7B
$8.0B
$7.2B
$7.2B
$7.5B
$7.5B
$8.4B

Iron Mountain Incorporated · IRM

$11.3B
$11.4B
$12.4B
$12.5B
$12.7B
$13.0B
$13.5B
$13.8B
$14.1B
$14.5B
$15.2B
$15.4B
$15.8B
$16.1B
$17.1B
$17.9B
$18.5B
$18.7B
$19.4B

Lamar Advertising Company · LAMR

$4.0B
$4.2B
$4.3B
$4.5B
$4.4B
$4.6B
$4.6B
$4.6B
$4.7B
$4.6B
$4.7B
$4.6B
$4.5B
$4.6B
$4.6B
$4.8B
$4.8B
$4.9B
$5.0B

OUTFRONT Media Inc. · OUT

$4.1B
$4.1B
$4.1B
$4.2B
$4.2B
$4.2B
$4.4B
$4.4B
$4.4B
$4.3B
$4.4B
$4.1B
$4.1B
$4.0B
$4.0B
$4.1B
$4.1B
$4.1B
$4.2B

Rayonier Inc. · RYN

$1.5B
$1.5B
$1.3B
$1.4B
$1.3B
$1.6B
$1.6B
$1.6B
$1.6B
$1.5B
$1.4B
$1.4B
$1.4B
$1.1B
$1.1B
$1.1B
$1.1B
$1.0B
$2.1B

SBA Communications Corporation · SBAC

$14.1B
$14.5B
$14.9B
$14.8B
$14.6B
$15.2B
$15.1B
$14.9B
$14.8B
$14.5B
$14.4B
$14.3B
$14.5B
$15.8B
$14.6B
$14.8B
$15.0B
$15.3B
$15.4B

Weyerhaeuser Company · WY

$5.3B
$5.1B
$5.1B
$5.1B
$5.1B
$5.1B
$5.1B
$5.8B
$5.7B
$5.1B
$5.1B
$5.1B
$5.1B
$5.1B
$5.2B
$5.2B
$5.5B
$5.6B
$5.4B
04 · compare level, then change

Return On Assets

Gaming and Leisure Properties, Inc. has the highest ROA among the 17 REIT - Specialty companies compared here, at 2.6%. SBA Communications Corporation is next at 2.4%. Iron Mountain Incorporated has the highest ROA change at +0.9 percentage points, so level and change sit with different companies. 16 of 17 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Gaming and Leisure Properties, Inc. leads roa at 2.6%; Iron Mountain Incorporated leads roa change at +0.9 percentage points.

LeaderGaming and Leisure Properties, Inc. · 2.6%
Gap8.3% versus #2 · SBA Communications Corporation
Persistence4/8 recent comparable periods
Coverage16/17 companies · 290 observations

Investor read: Gaming and Leisure Properties, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.
ROAhighest
1Gaming and Leisure Properties, Inc. GLPI2.6%
2SBA Communications Corporation SBAC2.4%
3Lamar Advertising Company LAMR2.1%
4EPR Properties EPR1.8%
5American Tower Corporation AMT1.7%
ROA changefastest improvers
1Iron Mountain Incorporated IRM+0.9 pp
2OUTFRONT Media Inc. OUT+0.8 pp
3Weyerhaeuser Company WY+0.5 pp
4Gaming and Leisure Properties, Inc. GLPI+0.4 pp
5Crown Castle Inc. CCI+0.3 pp
Return on assets · company comparison
16/17 level · 15/17 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROAROA changeReported
Gaming and Leisure Properties, Inc. GLPI2.6%+0.4 ppMar 2026
SBA Communications Corporation SBAC2.4%−0.3 ppMar 2026
Lamar Advertising Company LAMR2.1%−0.5 ppMar 2026
EPR Properties EPR1.8%+0.2 ppMar 2026
American Tower Corporation AMT1.7%+0.1 ppMar 2026
Crown Castle Inc. CCI1.7%+0.3 ppJun 2026
Iron Mountain Incorporated IRM1.6%+0.9 ppMar 2026
Weyerhaeuser Company WY1.4%+0.5 ppMar 2026
Equinix, Inc. EQIX1.3%+0.1 ppMar 2026
Uniti Group Inc. UNIT1.2%−3.3 ppMar 2026
OUTFRONT Media Inc. OUT1.1%+0.8 ppMar 2026
Digital Realty Trust, Inc. DLR0.8%+0.3 ppJun 2026
Farmland Partners Inc. FPI0.5%+0.1 ppMar 2026
Gladstone Land Corporation LAND0.0%−0.3 ppMar 2026
Rayonier Inc. RYN-0.2%−0.2 ppMar 2026
Fermi Inc. FRMI-9.4%Mar 2026
Full 20-quarter history · every available company

ROA · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

1.0%
0.9%
1.2%
1.2%
0.7%
0.3%
1.0%
1.3%
1.3%
0.8%
1.5%
1.6%
1.4%
1.6%
1.6%
1.4%
1.9%
1.6%
1.7%

Crown Castle Inc. · CCI

1.3%
1.3%
1.6%
1.5%
1.5%
1.6%
1.6%
1.7%
1.2%
1.5%
1.3%
1.3%
1.4%
1.6%
1.5%
1.4%
1.5%
1.6%
1.4%
1.7%

Digital Realty Trust, Inc. · DLR

0.5%
0.4%
0.3%
0.4%
0.4%
0.0%
0.3%
0.3%
0.1%
0.5%
0.3%
0.0%
0.3%
0.6%
0.4%
0.5%
0.2%
0.6%
0.5%
0.8%

EPR Properties · EPR

1.1%
1.3%
1.3%
1.2%
1.4%
1.3%
1.6%
0.8%
1.5%
1.5%
1.4%
1.4%
1.7%
0.9%
1.6%
1.7%
1.6%
1.7%
1.8%

Equinix, Inc. · EQIX

0.8%
0.7%
0.8%
1.1%
1.0%
0.7%
1.1%
0.9%
1.2%
0.9%
1.0%
1.2%
1.1%
0.0%
1.2%
1.2%
1.2%
0.9%
1.3%

Gaming and Leisure Properties, Inc. · GLPI

2.4%
1.8%
2.0%
2.4%
3.0%
2.5%
2.4%
2.2%
2.4%
2.6%
2.2%
2.6%
2.3%
2.5%
2.2%
2.0%
2.6%
2.8%
2.6%

Iron Mountain Incorporated · IRM

0.9%
1.0%
1.2%
1.8%
1.7%
1.4%
1.2%
0.3%
1.3%
1.0%
1.2%
1.0%
2.2%
1.3%
0.7%
2.2%
1.3%
1.5%
1.6%

Lamar Advertising Company · LAMR

2.3%
2.5%
2.0%
2.7%
2.9%
1.6%
1.9%
2.7%
2.8%
2.9%
1.9%
2.8%
2.9%
-1.6%
2.6%
2.9%
2.8%
2.9%
2.1%

OUTFRONT Media Inc. · OUT

1.1%
1.7%
0.0%
1.3%
1.3%
1.7%
0.2%
-7.6%
0.9%
1.9%
0.2%
4.0%
1.3%
2.1%
0.3%
1.1%
1.7%
2.5%
1.1%

Rayonier Inc. · RYN

3.2%
0.8%
1.1%
0.9%
1.1%
1.1%
0.3%
0.6%
1.0%
3.9%
0.2%
0.1%
0.5%
9.3%
0.0%
0.4%
1.2%
0.8%
-0.2%

SBA Communications Corporation · SBAC

2.9%
2.1%
1.8%
2.4%
2.4%
1.8%
1.5%
2.7%
2.2%
1.6%
2.8%
3.8%
3.1%
4.1%
2.7%
2.8%
2.9%
2.2%
2.4%

Weyerhaeuser Company · WY

3.2%
2.8%
6.2%
4.8%
2.1%
-0.4%
1.2%
1.6%
1.6%
1.6%
1.0%
1.3%
1.0%
0.9%
0.9%
0.9%
1.5%
4.9%
1.4%

ROA change · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

−0.3 pp
−0.6 pp
−0.2 pp
+0.1 pp
+0.6 pp
+0.5 pp
+0.5 pp
+0.3 pp
+0.1 pp
+0.8 pp
+0.1 pp
−0.2 pp
+0.5 pp
0.0 pp
+0.1 pp

Crown Castle Inc. · CCI

+0.2 pp
+0.3 pp
0.0 pp
+0.2 pp
−0.3 pp
−0.1 pp
−0.3 pp
−0.4 pp
+0.2 pp
+0.1 pp
+0.2 pp
+0.1 pp
+0.1 pp
0.0 pp
−0.1 pp
+0.3 pp

Digital Realty Trust, Inc. · DLR

−0.1 pp
−0.4 pp
0.0 pp
−0.1 pp
−0.3 pp
+0.5 pp
0.0 pp
−0.3 pp
+0.2 pp
+0.1 pp
+0.1 pp
+0.5 pp
−0.1 pp
0.0 pp
+0.1 pp
+0.3 pp

EPR Properties · EPR

+0.3 pp
0.0 pp
+0.3 pp
−0.4 pp
+0.1 pp
+0.2 pp
−0.2 pp
+0.6 pp
+0.2 pp
−0.6 pp
+0.2 pp
+0.3 pp
−0.1 pp
+0.8 pp
+0.2 pp

Equinix, Inc. · EQIX

+0.2 pp
0.0 pp
+0.3 pp
−0.2 pp
+0.2 pp
+0.2 pp
−0.1 pp
+0.3 pp
−0.1 pp
−0.9 pp
+0.2 pp
0.0 pp
+0.1 pp
+0.9 pp
+0.1 pp

Gaming and Leisure Properties, Inc. · GLPI

+0.6 pp
+0.7 pp
+0.4 pp
−0.2 pp
−0.6 pp
+0.1 pp
−0.2 pp
+0.4 pp
−0.1 pp
−0.1 pp
0.0 pp
−0.6 pp
+0.3 pp
+0.3 pp
+0.4 pp

Iron Mountain Incorporated · IRM

+0.8 pp
+0.4 pp
0.0 pp
−1.5 pp
−0.4 pp
−0.4 pp
0.0 pp
+0.7 pp
+0.9 pp
+0.3 pp
−0.5 pp
+1.2 pp
−0.9 pp
+0.2 pp
+0.9 pp

Lamar Advertising Company · LAMR

+0.6 pp
−0.9 pp
−0.1 pp
0.0 pp
−0.1 pp
+1.3 pp
0.0 pp
+0.1 pp
+0.1 pp
−4.5 pp
+0.7 pp
+0.1 pp
−0.1 pp
+4.5 pp
−0.5 pp

OUTFRONT Media Inc. · OUT

+0.2 pp
0.0 pp
+0.2 pp
−8.9 pp
−0.4 pp
+0.2 pp
0.0 pp
+11.6 pp
+0.4 pp
+0.2 pp
+0.1 pp
−2.9 pp
+0.4 pp
+0.4 pp
+0.8 pp

Rayonier Inc. · RYN

−2.1 pp
+0.3 pp
−0.8 pp
−0.3 pp
−0.1 pp
+2.8 pp
−0.1 pp
−0.5 pp
−0.5 pp
+5.4 pp
−0.2 pp
+0.3 pp
+0.7 pp
−8.5 pp
−0.2 pp

SBA Communications Corporation · SBAC

−0.5 pp
−0.3 pp
−0.3 pp
+0.3 pp
−0.2 pp
−0.2 pp
+1.3 pp
+1.1 pp
+0.9 pp
+2.5 pp
−0.1 pp
−1.0 pp
−0.2 pp
−1.9 pp
−0.3 pp

Weyerhaeuser Company · WY

−1.1 pp
−3.2 pp
−5.0 pp
−3.2 pp
−0.5 pp
+2.0 pp
−0.2 pp
−0.3 pp
−0.6 pp
−0.7 pp
−0.1 pp
−0.4 pp
+0.5 pp
+4.0 pp
+0.5 pp
05 · compare level, then change

ROE — Leaders & Improvers

Lamar Advertising Company has the highest ROE among the 17 REIT - Specialty companies compared here, at 10.1%. American Tower Corporation is next at 8.7%. Uniti Group Inc. has the highest ROE change at +7.1 percentage points, so level and change sit with different companies. 16 of 17 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Lamar Advertising Company leads roe at 10.1%; Uniti Group Inc. leads roe change at +7.1 percentage points.

LeaderLamar Advertising Company · 10.1%
Gap16.1% versus #2 · American Tower Corporation
Persistence6/8 recent comparable periods
Coverage16/17 companies · 290 observations

Investor read: Lamar Advertising Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
1Lamar Advertising Company LAMR10%
2American Tower Corporation AMT8.7%
3Uniti Group Inc. UNIT6.6%
4Gaming and Leisure Properties, Inc. GLPI5.0%
5Equinix, Inc. EQIX2.9%
ROE changefastest improvers
1Uniti Group Inc. UNIT+7.1 pp
2OUTFRONT Media Inc. OUT+5.9 pp
3American Tower Corporation AMT+3.9 pp
4Gaming and Leisure Properties, Inc. GLPI+1.3 pp
5Weyerhaeuser Company WY+0.8 pp
Return on equity · company comparison
16/17 level · 15/17 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROEROE changeReported
Lamar Advertising Company LAMR10%−2.5 ppMar 2026
American Tower Corporation AMT8.7%+3.9 ppMar 2026
Uniti Group Inc. UNIT6.6%+7.1 ppMar 2026
Gaming and Leisure Properties, Inc. GLPI5.0%+1.3 ppMar 2026
Equinix, Inc. EQIX2.9%+0.3 ppMar 2026
OUTFRONT Media Inc. OUT2.8%+5.9 ppMar 2026
EPR Properties EPR2.7%−0.1 ppMar 2026
Digital Realty Trust, Inc. DLR1.7%−2.7 ppJun 2026
Weyerhaeuser Company WY1.6%+0.8 ppMar 2026
Farmland Partners Inc. FPI0.1%−0.2 ppMar 2026
Rayonier Inc. RYN-0.3%0.0 ppMar 2026
Gladstone Land Corporation LAND-0.6%−2.7 ppMar 2026
SBA Communications Corporation SBAC-3.9%+0.4 ppMar 2026
Crown Castle Inc. CCI-11%−23.1 ppJun 2026
Fermi Inc. FRMI-18%Mar 2026
Iron Mountain Incorporated IRM-21%−14.0 ppMar 2026
Full 20-quarter history · every available company

ROE · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

11%
9.7%
10%
26%
7.5%
-6.7%
2.9%
7.7%
6.6%
-0.5%
7.2%
6.9%
4.0%
12%
4.8%
3.6%
8.7%
8.4%
8.7%

Crown Castle Inc. · CCI

4.0%
4.1%
5.6%
5.1%
5.3%
5.4%
5.6%
6.2%
3.7%
5.3%
4.4%
4.1%
5.1%
11%
12%
12%
15%
-31%
-14%
-11%

Digital Realty Trust, Inc. · DLR

0.8%
5.9%
0.4%
0.4%
1.3%
0.0%
0.4%
0.6%
3.8%
0.1%
1.4%
0.4%
0.2%
0.8%
0.5%
4.4%
0.3%
0.4%
0.7%
1.7%

EPR Properties · EPR

1.2%
1.7%
1.6%
1.6%
2.0%
1.6%
2.2%
0.5%
2.2%
1.8%
2.5%
1.8%
1.9%
-0.4%
2.8%
3.2%
2.8%
2.9%
2.7%

Equinix, Inc. · EQIX

1.4%
1.1%
1.4%
2.0%
1.9%
1.2%
2.3%
1.8%
2.4%
1.9%
1.9%
2.5%
2.3%
-0.1%
2.6%
2.8%
2.7%
1.9%
2.9%

Gaming and Leisure Properties, Inc. · GLPI

5.9%
3.9%
4.0%
5.1%
6.6%
5.3%
5.0%
4.2%
4.6%
5.0%
4.2%
5.0%
4.3%
4.9%
3.7%
3.3%
5.2%
5.7%
5.0%

Iron Mountain Incorporated · IRM

7.1%
6.2%
4.9%
22%
26%
17%
10%
0.2%
23%
6.9%
27%
24%
-42%
-228%
-6.7%
12%
-22%
-18%
-21%

Lamar Advertising Company · LAMR

9.0%
10%
7.7%
11%
12%
5.5%
6.4%
11%
11%
12%
6.7%
12%
12%
-0.1%
13%
15%
13%
15%
10%

OUTFRONT Media Inc. · OUT

2.5%
5.2%
0.0%
3.7%
3.1%
5.1%
-2.2%
-46%
1.6%
5.8%
-2.8%
23%
4.7%
9.8%
-3.1%
2.7%
7.2%
13%
2.8%

Rayonier Inc. · RYN

6.1%
1.2%
1.6%
1.3%
1.8%
1.9%
0.4%
1.0%
1.2%
7.3%
-0.2%
-0.2%
1.2%
18%
-0.3%
0.5%
2.1%
1.3%
-0.3%

SBA Communications Corporation · SBAC

-1.0%
-1.0%
-3.6%
-1.4%
-1.9%
-2.0%
-1.9%
-3.9%
-1.6%
-2.1%
-3.0%
-3.1%
-5.0%
-3.5%
-4.3%
-4.4%
-4.8%
-7.5%
-3.9%

Weyerhaeuser Company · WY

5.1%
4.3%
7.9%
7.4%
2.9%
0.1%
1.5%
2.2%
2.3%
2.1%
1.1%
1.7%
0.3%
0.8%
0.8%
0.9%
0.8%
0.8%
1.6%

ROE change · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

−3.1 pp
−16.4 pp
−7.4 pp
−18.4 pp
−0.9 pp
+6.2 pp
+4.3 pp
−0.8 pp
−2.6 pp
+12.5 pp
−2.4 pp
−3.3 pp
+4.7 pp
−3.6 pp
+3.9 pp

Crown Castle Inc. · CCI

+1.3 pp
+1.3 pp
0.0 pp
+1.1 pp
−1.6 pp
−0.1 pp
−1.2 pp
−2.1 pp
+1.4 pp
+6.0 pp
+7.4 pp
+8.1 pp
+9.5 pp
−42.6 pp
−25.8 pp
−23.1 pp

Digital Realty Trust, Inc. · DLR

+0.5 pp
−5.9 pp
0.0 pp
+0.2 pp
+2.5 pp
+0.1 pp
+1.0 pp
−0.2 pp
−3.6 pp
+0.7 pp
−0.9 pp
+4.0 pp
+0.1 pp
−0.4 pp
+0.2 pp
−2.7 pp

EPR Properties · EPR

+0.8 pp
−0.1 pp
+0.6 pp
−1.1 pp
+0.2 pp
+0.2 pp
+0.3 pp
+1.3 pp
−0.3 pp
−2.2 pp
+0.3 pp
+1.4 pp
+0.9 pp
+3.3 pp
−0.1 pp

Equinix, Inc. · EQIX

+0.5 pp
+0.1 pp
+0.9 pp
−0.2 pp
+0.5 pp
+0.7 pp
−0.4 pp
+0.7 pp
−0.1 pp
−2.0 pp
+0.7 pp
+0.3 pp
+0.4 pp
+2.0 pp
+0.3 pp

Gaming and Leisure Properties, Inc. · GLPI

+0.7 pp
+1.4 pp
+1.0 pp
−0.9 pp
−2.0 pp
−0.3 pp
−0.8 pp
+0.8 pp
−0.3 pp
−0.1 pp
−0.5 pp
−1.7 pp
+0.9 pp
+0.8 pp
+1.3 pp

Iron Mountain Incorporated · IRM

+18.5 pp
+10.6 pp
+5.1 pp
−22.2 pp
−2.7 pp
−9.9 pp
+17.3 pp
+24.2 pp
−64.9 pp
−234.4 pp
−34.0 pp
−12.0 pp
+20.0 pp
+209.1 pp
−14.0 pp

Lamar Advertising Company · LAMR

+2.6 pp
−4.7 pp
−1.3 pp
0.0 pp
−0.2 pp
+6.9 pp
+0.3 pp
+0.7 pp
+0.9 pp
−12.5 pp
+5.9 pp
+3.1 pp
+0.5 pp
+15.0 pp
−2.5 pp

OUTFRONT Media Inc. · OUT

+0.6 pp
−0.1 pp
−2.2 pp
−49.6 pp
−1.5 pp
+0.7 pp
−0.6 pp
+69.0 pp
+3.1 pp
+4.0 pp
−0.3 pp
−20.4 pp
+2.5 pp
+3.0 pp
+5.9 pp

Rayonier Inc. · RYN

−4.3 pp
+0.7 pp
−1.2 pp
−0.3 pp
−0.6 pp
+5.4 pp
−0.6 pp
−1.2 pp
0.0 pp
+10.6 pp
−0.1 pp
+0.7 pp
+0.9 pp
−16.6 pp
0.0 pp

SBA Communications Corporation · SBAC

−0.9 pp
−1.0 pp
+1.7 pp
−2.5 pp
+0.3 pp
−0.1 pp
−1.1 pp
+0.8 pp
−3.4 pp
−1.4 pp
−1.3 pp
−1.3 pp
+0.2 pp
−4.0 pp
+0.4 pp

Weyerhaeuser Company · WY

−2.2 pp
−4.2 pp
−6.4 pp
−5.2 pp
−0.6 pp
+2.0 pp
−0.4 pp
−0.5 pp
−2.0 pp
−1.3 pp
−0.3 pp
−0.8 pp
+0.5 pp
0.0 pp
+0.8 pp
06 · not available

Gross NPA — Leaders & Improvers

No company in this REIT - Specialty comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 17 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.
07 · compare level, then change

Valuation Against Growth & Quality

Gaming and Leisure Properties, Inc. has the lowest P/BV ÷ ROE among the 17 REIT - Specialty companies compared here, at 0.54×. EPR Properties is next at 0.61×. Iron Mountain Incorporated has the lowest P/BV at -25×, so level and change sit with different companies. 10 of 17 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Gaming and Leisure Properties, Inc. has the lowest comparable P/BV ÷ ROE at 0.54×, 11.5% below EPR Properties. Only 10 of 17 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderGaming and Leisure Properties, Inc. · 0.54×
Gap11.5% versus #2 · EPR Properties
Persistence0/8 recent comparable periods
Coverage10/17 companies · 215 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
1Gaming and Leisure Properties, Inc. GLPI0.5
2EPR Properties EPR0.6
3Uniti Group Inc. UNIT1.0
4Weyerhaeuser Company WY1.2
5Lamar Advertising Company LAMR1.3
P/BVlowest P/BV
1Iron Mountain Incorporated IRM-25.0
2Crown Castle Inc. CCI-10.1
3SBA Communications Corporation SBAC-3.8
4Gladstone Land Corporation LAND0.6
5Farmland Partners Inc. FPI1.1
Valuation · company comparison
10/17 level · 16/17 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyP/BV ÷ ROEP/BVReported
Iron Mountain Incorporated IRM46.5-25.0Mar 2026
Farmland Partners Inc. FPI10.61.1Mar 2026
American Tower Corporation AMT2.622.8Mar 2026
OUTFRONT Media Inc. OUT2.57.1Mar 2026
Equinix, Inc. EQIX2.36.8Mar 2026
Crown Castle Inc. CCI1.9-10.1Jun 2026
Digital Realty Trust, Inc. DLR1.42.3Jun 2026
Lamar Advertising Company LAMR1.313.3Mar 2026
Rayonier Inc. RYN1.21.2Mar 2026
Weyerhaeuser Company WY1.21.9Mar 2026
Uniti Group Inc. UNIT1.06.9Mar 2026
Gladstone Land Corporation LAND0.90.6Mar 2026
EPR Properties EPR0.61.7Mar 2026
Gaming and Leisure Properties, Inc. GLPI0.52.7Mar 2026
SBA Communications Corporation SBAC-3.8Mar 2026
Fermi Inc. FRMI3.4Mar 2026
Full 20-quarter history · every available company

P/BV ÷ ROE · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

2.1
2.7
2.1
654.6
2.1
6.1
2.3
2.6
3.2
3.4
7.5
2.1
6.0
7.7
2.6
2.7
2.6

Crown Castle Inc. · CCI

2.2
2.7
1.8
1.8
1.5
1.5
1.4
1.1
1.6
1.5
1.7
1.8
1.9

Digital Realty Trust, Inc. · DLR

3.0
0.5
5.7
5.4
1.3
4.2
3.2
0.5
21.9
1.7
6.0
12.6
3.5
4.5
0.6
8.6
5.8
3.8
1.4

EPR Properties · EPR

1.2
0.8
1.0
0.9
0.5
0.7
0.5
2.8
0.6
0.8
0.5
0.7
0.8
0.6
0.6
0.7
0.6
0.6

Equinix, Inc. · EQIX

4.8
6.4
4.4
2.8
2.5
4.4
2.4
3.4
2.4
3.2
3.4
2.3
2.7
2.2
2.0
2.0
2.8
2.3

Gaming and Leisure Properties, Inc. · GLPI

0.7
1.0
0.9
0.7
0.5
0.7
0.7
0.8
0.7
0.6
0.7
0.6
0.8
0.6
0.9
0.9
0.6
0.5
0.5

Iron Mountain Incorporated · IRM

1.8
2.9
4.3
1.0
0.9
1.4
2.8
199.2
2.9
14.0
46.5

Lamar Advertising Company · LAMR

1.0
1.0
1.3
0.7
0.6
1.5
1.4
0.8
0.6
0.7
1.5
0.9
0.9
0.9
0.9
0.9
0.9
1.3

OUTFRONT Media Inc. · OUT

1.1
0.5
0.6
0.6
0.4
1.4
0.6
0.1
0.9
0.4
1.5
0.6
0.5
2.5

Rayonier Inc. · RYN

0.5
2.8
2.0
2.3
1.3
1.4
6.7
2.6
1.9
0.4
2.2
0.1
3.0
0.9
1.2

Uniti Group Inc. · UNIT

0.2
1.0

Weyerhaeuser Company · WY

0.5
0.7
0.4
0.3
0.7
21.1
1.5
1.1
1.0
1.2
2.4
1.2
8.3
2.6
2.8
2.2
2.4
2.3
1.2

P/BV · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Tower Corporation · AMT

22.3
26.2
21.4
17,086.0
15.9
17.7
17.6
17.5
16.9
24.0
22.8
23.6
29.8
25.4
28.8
27.9
22.8
22.4
22.8

Crown Castle Inc. · CCI

8.8
10.9
10.0
9.3
8.2
7.9
8.0
7.0
6.0
7.8
7.6
7.5
9.7
-296.9
-36.2
-32.3
-28.1
-23.6
-18.5
-10.1

Digital Realty Trust, Inc. · DLR

2.4
2.8
2.3
2.2
1.7
1.7
1.7
1.9
2.0
2.2
2.4
2.4
2.5
2.8
2.3
2.6
2.6
2.3
2.7
2.3

EPR Properties · EPR

1.4
1.4
1.6
1.4
1.1
1.1
1.1
1.4
1.3
1.5
1.3
1.3
1.6
1.4
1.7
1.9
1.9
1.6
1.7

Equinix, Inc. · EQIX

6.7
7.0
6.2
5.6
4.7
5.3
5.6
6.1
5.7
6.1
6.4
5.9
6.3
6.8
5.7
5.5
5.4
5.3
6.8

Gaming and Leisure Properties, Inc. · GLPI

3.8
3.8
3.7
3.7
3.2
3.6
3.6
3.4
3.1
3.2
3.0
3.0
3.3
3.1
3.3
2.9
2.9
2.7
2.7

Iron Mountain Incorporated · IRM

12.9
17.7
21.3
21.9
24.2
22.8
28.3
39.8
66.1
96.6
1,268.3
-197.8
-134.6
-61.3
-36.3
-39.5
-34.2
-25.0
-25.0

Lamar Advertising Company · LAMR

9.3
10.1
9.6
7.2
6.6
8.0
8.8
8.7
7.2
8.9
10.3
10.2
11.3
11.9
11.3
13.6
12.0
12.7
13.3

OUTFRONT Media Inc. · OUT

2.7
2.8
3.4
2.0
1.8
2.0
2.1
3.4
2.3
3.2
4.2
3.0
4.0
3.9
3.9
4.1
4.6
5.9
7.1

Rayonier Inc. · RYN

3.0
3.3
3.3
3.0
2.4
2.6
2.7
2.6
2.3
2.7
2.7
2.4
2.7
2.2
2.3
1.5
1.8
1.6
1.2

SBA Communications Corporation · SBAC

-7.3
-8.0
-6.8
-6.4
-5.7
-5.7
-5.4
-4.9
-4.2
-5.3
-4.5
-4.0
-5.0
-4.3
-4.8
-5.1
-4.2
-4.2
-3.8

Weyerhaeuser Company · WY

2.6
2.9
2.8
2.3
1.9
2.1
2.2
2.4
2.2
2.5
2.6
2.1
2.5
2.1
2.2
2.0
1.9
1.8
1.9
08 · let price answer last

Market action

OUTFRONT Media Inc. has the strongest one-year price move in REIT - Specialty at +88.6%. It also leads on Mansfield relative strength against the S&P 500 at +19.5%. 7 of 15 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This REIT - Specialty comparison names 6 specific ways its own evidence can mislead, all listed below. All 17 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
  • Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.
09 · the complete set

Which companies are included?

All 17 companies in the canonical REIT - Specialty membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
Equinix, Inc. EQIX$102.1B$1,0352026-07-28Mar 2026
American Tower Corporation AMTLAGGING, FUNDAMENTALS UP$79.9B$1722026-07-28Mar 2026
Digital Realty Trust, Inc. DLR$72.8B$1932026-07-28Jun 2026
Iron Mountain Incorporated IRM22/26 WEEKS$37.4B$1262026-07-28Mar 2026
Crown Castle Inc. CCI$32.3B$75.82026-07-28Jun 2026
SBA Communications Corporation SBACLAGGING, FUNDAMENTALS UP$18.6B$1752026-07-28Mar 2026
Weyerhaeuser Company WY$17.7B$24.62026-07-28Mar 2026
Lamar Advertising Company LAMRAHEAD24/26 WEEKS$16.5B$1622026-07-28Mar 2026
Gaming and Leisure Properties, Inc. GLPI$13.4B$45.92026-07-28Mar 2026
Rayonier Inc. RYNLAGGING, FUNDAMENTALS UP$6.7B$22.12026-07-28Mar 2026
OUTFRONT Media Inc. OUT24/26 WEEKS$5.7B$32.52026-07-28Mar 2026
EPR Properties EPRAHEAD$4.9B$64.32026-07-28Mar 2026
Fermi Inc. FRMIAHEAD$4.0B$6.32026-07-28Mar 2026
Uniti Group Inc. UNIT21/26 WEEKS$2.5B$10.42026-07-28Mar 2026
Blackstone Digital Infrastructure Trust Inc. BXDC$1.8B$20.62026-07-28
Farmland Partners Inc. FPI$417M$9.62026-07-28Mar 2026
Gladstone Land Corporation LAND$366M$8.52026-07-28Mar 2026
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 17 REIT - Specialty companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

REIT - Specialty company comparison FAQs

These 15 answers restate the REIT - Specialty comparison above in question form. Every one is computed from the same 17 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which REIT - Specialty company is the biggest?

American Tower Corporation is the largest, with trailing-twelve-month income of $10,820 million, ahead of Equinix, Inc. at $9,436 million. That covers 13 of 17 companies with comparable reporting through Mar 2026.

Which REIT - Specialty company is growing fastest?

Uniti Group Inc. has the fastest income growth at 100% year on year, across 13 of 17 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which REIT - Specialty company makes the most profit?

American Tower Corporation earns the most, at $3,010 million of trailing-twelve-month net profit, from 13 of 17 comparable companies. Iron Mountain Incorporated has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which REIT - Specialty company earns the highest return on capital?

Gaming and Leisure Properties, Inc. leads on return on assets at 2.6%, across 16 of 17 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which REIT - Specialty stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — Gaming and Leisure Properties, Inc. screens cheapest at 0.54×. Only 10 of 17 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the REIT - Specialty sector beating the market?

REIT - Specialty has underperformed S&P 500 by 13.6% over the last 52 weeks and 3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 7 of 15 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which REIT - Specialty stock has the strongest price momentum?

OUTFRONT Media Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which REIT - Specialty company scores highest for research priority?

EPR Properties scores 60.2 out of 100 with 76% evidence confidence, from 19.4 points on growth and earnings, 15.3 on capital efficiency, 8.1 on valuation and 17.4 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many REIT - Specialty companies does this comparison cover, and over what period?

It compares 17 listed companies over up to 20 reported quarters of fundamentals and 5 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the REIT - Specialty sector?

The 17 REIT - Specialty companies on this page carry $416,989 million of combined market value. Equinix, Inc. is the largest at $102,062 million, about 24% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the REIT - Specialty sector's P/B ratio?

The median price-to-book ratio across the 17 REIT - Specialty companies on this page is 2.7×, measured on the 13 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the REIT - Specialty sector performing?

7 of the 15 covered REIT - Specialty companies are beating S&P 500 on Mansfield relative strength. The sector itself is 13.6% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many REIT - Specialty stocks are listed in the US?

This comparison covers 17 listed REIT - Specialty companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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