Enterprise Value per Employee
How much market value each worker supports
Updated August 30, 2026
Enterprise value per employee asks a different question than the margin lists: not how profitable a business is, but how much value the market hangs on each person who works there. A company where a few hundred staff support tens of billions in value is running an asset-light, highly-scalable model — IP, network effects, or a brand doing the heavy lifting rather than labor.
Read it as a map of capital intensity. The names at the top are the leanest value-per-worker machines in the index; the further down you go, the more the business depends on people and physical assets to generate the same value.
| # | Stock | EV / employee | Enterprise value | Employees |
|---|---|---|---|---|
| 1 | VICIVICI Properties Inc.REIT - Specialty | $1661.0M | $44.8B | 27 |
| REIT - Specialty — $44.8B of enterprise value resting on 27 employees, about $1661.0M per head. | ||||
| 2 | WELLWelltower Inc.REIT - Healthcare Facilities | $277.5M | $190.1B | 685 |
| REIT - Healthcare Facilities — $190.1B of enterprise value resting on 685 employees, about $277.5M per head. | ||||
| 3 | PNWPinnacle West Capital CorporationRegulated Electric | $245.5M | $23.1B | 94 |
| Regulated Electric — $23.1B of enterprise value resting on 94 employees, about $245.5M per head. | ||||
| 4 | TPLTexas Pacific Land CorporationOil & Gas Exploration & Production | $224.3M | $24.9B | 111 |
| Oil & Gas Exploration & Production — $24.9B of enterprise value resting on 111 employees, about $224.3M per head. | ||||
| 5 | ORealty Income CorporationREIT - Retail | $182.3M | $85.3B | 468 |
| REIT - Retail — $85.3B of enterprise value resting on 468 employees, about $182.3M per head. | ||||
| 6 | NVDANVIDIA CorporationSemiconductors | $144.9M | $5.22T | 36K |
| Semiconductors — $5.22T of enterprise value resting on 36K employees, about $144.9M per head. | ||||
| 7 | APPAppLovin CorporationSoftware - Application | $123.7M | $108.4B | 876 |
| Software - Application — $108.4B of enterprise value resting on 876 employees, about $123.7M per head. | ||||
| 8 | PLTRPalantir Technologies Inc.Software - Infrastructure | $117.7M | $470.9B | 4K |
| Software - Infrastructure — $470.9B of enterprise value resting on 4K employees, about $117.7M per head. | ||||
| 9 | VTRVentas, Inc.REIT - Healthcare Facilities | $117.3M | $58.4B | 498 |
| REIT - Healthcare Facilities — $58.4B of enterprise value resting on 498 employees, about $117.3M per head. | ||||
| 10 | HSTHost Hotels & Resorts, Inc.REIT - Hotel & Motel | $114.2M | $18.8B | 165 |
| REIT - Hotel & Motel — $18.8B of enterprise value resting on 165 employees, about $114.2M per head. | ||||
| 11 | PLDPrologis, Inc.REIT - Industrial | $62.4M | $168.5B | 3K |
| REIT - Industrial — $168.5B of enterprise value resting on 3K employees, about $62.4M per head. | ||||
| 12 | DOCHealthpeak Properties, Inc.REIT - Healthcare Facilities | $61.6M | $23.8B | 387 |
| REIT - Healthcare Facilities — $23.8B of enterprise value resting on 387 employees, about $61.6M per head. | ||||
| 13 | FRTFederal Realty Investment TrustREIT - Retail | $53.6M | $16.3B | 304 |
| REIT - Retail — $16.3B of enterprise value resting on 304 employees, about $53.6M per head. | ||||
| 14 | ANETArista Networks, Inc.Computer Hardware | $53.6M | $236.5B | 4K |
| Computer Hardware — $236.5B of enterprise value resting on 4K employees, about $53.6M per head. | ||||
| 15 | AVGOBroadcom Inc.Semiconductors | $50.1M | $1.85T | 37K |
| Semiconductors — $1.85T of enterprise value resting on 37K employees, about $50.1M per head. | ||||
| 16 | HOODRobinhood Markets, Inc.Financial - Capital Markets | $40.3M | $116.8B | 3K |
| Financial - Capital Markets — $116.8B of enterprise value resting on 3K employees, about $40.3M per head. | ||||
| 17 | AREAlexandria Real Estate Equities, Inc.REIT - Office | $39.5M | $21.8B | 552 |
| REIT - Office — $21.8B of enterprise value resting on 552 employees, about $39.5M per head. | ||||
| 18 | REGRegency Centers CorporationREIT - Retail | $37.5M | $18.6B | 495 |
| REIT - Retail — $18.6B of enterprise value resting on 495 employees, about $37.5M per head. | ||||
| 19 | FANGDiamondback Energy, Inc.Oil & Gas Exploration & Production | $35.1M | $69.6B | 2K |
| Oil & Gas Exploration & Production — $69.6B of enterprise value resting on 2K employees, about $35.1M per head. | ||||
| 20 | CCICrown Castle Inc.REIT - Specialty | $33.5M | $50.2B | 2K |
| REIT - Specialty — $50.2B of enterprise value resting on 2K employees, about $33.5M per head. | ||||
| 21 | KIMKimco Realty CorporationREIT - Retail | $33.5M | $24.0B | 717 |
| REIT - Retail — $24.0B of enterprise value resting on 717 employees, about $33.5M per head. | ||||
| 22 | BXPBXP, Inc.REIT - Office | $32.0M | $26.1B | 816 |
| REIT - Office — $26.1B of enterprise value resting on 816 employees, about $32.0M per head. | ||||
| 23 | KKRKKR & Co. Inc.Asset Management | $30.7M | $148.3B | 5K |
| Asset Management — $148.3B of enterprise value resting on 5K employees, about $30.7M per head. | ||||
| 24 | SPGSimon Property Group, Inc.REIT - Retail | $30.3M | $109.2B | 4K |
| REIT - Retail — $109.2B of enterprise value resting on 4K employees, about $30.3M per head. | ||||
| 25 | VRSNVeriSign, Inc.Software - Infrastructure | $30.0M | $27.9B | 929 |
| Software - Infrastructure — $27.9B of enterprise value resting on 929 employees, about $30.0M per head. | ||||