Revenue per Employee: Real Estate
The most capital-efficient Real Estate names in the S&P 500
Updated August 30, 2026
Across the whole market, revenue per employee is dominated by asset-heavy, low-headcount businesses — so it’s only a fair fight within a sector. Here are the Real Estate companies that turn the fewest workers into the most sales, each measured against the Real Estate median of $1.9M per employee.
| # | Stock | Rev / employee | Revenue (TTM) | Employees |
|---|---|---|---|---|
| 1 | VICIVICI Properties Inc.REIT - Specialty | $152.0M | $4.1B | 27 |
| REIT - Specialty — $4.1B in revenue across 27 staff, about 78.9× the Real Estate median of $1.9M. | ||||
| 2 | HSTHost Hotels & Resorts, Inc.REIT - Hotel & Motel | $37.4M | $6.2B | 165 |
| REIT - Hotel & Motel — $6.2B in revenue across 165 staff, about 19.4× the Real Estate median of $1.9M. | ||||
| 3 | WELLWelltower Inc.REIT - Healthcare Facilities | $18.4M | $12.6B | 685 |
| REIT - Healthcare Facilities — $12.6B in revenue across 685 staff, about 9.6× the Real Estate median of $1.9M. | ||||
| 4 | VTRVentas, Inc.REIT - Healthcare Facilities | $12.9M | $6.4B | 498 |
| REIT - Healthcare Facilities — $6.4B in revenue across 498 staff, about 6.7× the Real Estate median of $1.9M. | ||||
| 5 | ORealty Income CorporationREIT - Retail | $12.6M | $5.9B | 468 |
| REIT - Retail — $5.9B in revenue across 468 staff, about 6.6× the Real Estate median of $1.9M. | ||||
| 6 | DOCHealthpeak Properties, Inc.REIT - Healthcare Facilities | $7.4M | $2.9B | 387 |
| REIT - Healthcare Facilities — $2.9B in revenue across 387 staff, about 3.8× the Real Estate median of $1.9M. | ||||
| 7 | AREAlexandria Real Estate Equities, Inc.REIT - Office | $5.3M | $2.9B | 552 |
| REIT - Office — $2.9B in revenue across 552 staff, about 2.7× the Real Estate median of $1.9M. | ||||
| 8 | FRTFederal Realty Investment TrustREIT - Retail | $4.4M | $1.3B | 304 |
| REIT - Retail — $1.3B in revenue across 304 staff, about 2.3× the Real Estate median of $1.9M. | ||||
| 9 | BXPBXP, Inc.REIT - Office | $4.3M | $3.5B | 816 |
| REIT - Office — $3.5B in revenue across 816 staff, about 2.2× the Real Estate median of $1.9M. | ||||
| 10 | REGRegency Centers CorporationREIT - Retail | $3.5M | $1.7B | 495 |
| REIT - Retail — $1.7B in revenue across 495 staff, about 1.8× the Real Estate median of $1.9M. | ||||
| 11 | PLDPrologis, Inc.REIT - Industrial | $3.3M | $8.9B | 3K |
| REIT - Industrial — $8.9B in revenue across 3K staff, about 1.7× the Real Estate median of $1.9M. | ||||
| 12 | KIMKimco Realty CorporationREIT - Retail | $3.0M | $2.2B | 717 |
| REIT - Retail — $2.2B in revenue across 717 staff, about 1.6× the Real Estate median of $1.9M. | ||||
| 13 | CCICrown Castle Inc.REIT - Specialty | $2.8M | $4.2B | 2K |
| REIT - Specialty — $4.2B in revenue across 2K staff, about 1.4× the Real Estate median of $1.9M. | ||||
| 14 | AMTAmerican Tower CorporationREIT - Specialty | $2.3M | $10.9B | 5K |
| REIT - Specialty — $10.9B in revenue across 5K staff, about 1.2× the Real Estate median of $1.9M. | ||||
| 15 | SPGSimon Property Group, Inc.REIT - Retail | $1.9M | $6.9B | 4K |
| REIT - Retail — $6.9B in revenue across 4K staff, about 1.0× the Real Estate median of $1.9M. | ||||
| 16 | DLRDigital Realty Trust, Inc.REIT - Specialty | $1.7M | $6.8B | 4K |
| REIT - Specialty — $6.8B in revenue across 4K staff, about 0.9× the Real Estate median of $1.9M. | ||||
| 17 | SBACSBA Communications CorporationREIT - Specialty | $1.7M | $2.9B | 2K |
| REIT - Specialty — $2.9B in revenue across 2K staff, about 0.9× the Real Estate median of $1.9M. | ||||
| 18 | INVHInvitation Homes Inc.REIT - Residential | $1.6M | $2.9B | 2K |
| REIT - Residential — $2.9B in revenue across 2K staff, about 0.8× the Real Estate median of $1.9M. | ||||
| 19 | EQREquity ResidentialREIT - Residential | $1.3M | $3.1B | 3K |
| REIT - Residential — $3.1B in revenue across 3K staff, about 0.7× the Real Estate median of $1.9M. | ||||
| 20 | UDRUDR, Inc.REIT - Residential | $1.2M | $1.7B | 1K |
| REIT - Residential — $1.7B in revenue across 1K staff, about 0.6× the Real Estate median of $1.9M. | ||||
| 21 | ESSEssex Property Trust, Inc.REIT - Residential | $1.1M | $1.9B | 2K |
| REIT - Residential — $1.9B in revenue across 2K staff, about 0.6× the Real Estate median of $1.9M. | ||||
| 22 | AVBAvalonBay Communities, Inc.REIT - Residential | $1.0M | $3.1B | 3K |
| REIT - Residential — $3.1B in revenue across 3K staff, about 0.5× the Real Estate median of $1.9M. | ||||
| 23 | MAAMid-America Apartment Communities, Inc.REIT - Residential | $876K | $2.2B | 3K |
| REIT - Residential — $2.2B in revenue across 3K staff, about 0.5× the Real Estate median of $1.9M. | ||||
| 24 | PSAPublic StorageREIT - Industrial | $829K | $4.9B | 6K |
| REIT - Industrial — $4.9B in revenue across 6K staff, about 0.4× the Real Estate median of $1.9M. | ||||
| 25 | EQIXEquinix, Inc.REIT - Specialty | $722K | $9.8B | 14K |
| REIT - Specialty — $9.8B in revenue across 14K staff, about 0.4× the Real Estate median of $1.9M. | ||||