Top Companies by Free Cash Flow in Real Estate
Largest public companies ranked by free cash flow in Real Estate on a trailing twelve months basis. Compare top issuers, sector peers and historical context on…
How TTM free cash flow is measured
Trailing twelve months (TTM) free cash flow (FCF) is operating cash flow minus capital expenditure, summed across a company's four most recent fiscal quarters. Unlike accrual-based earnings, FCF reflects what actually leaves the bank account after running the business and reinvesting in property, plant and equipment — the cash available for buybacks, dividends, debt reduction or M&A.
FCF is closer to owner earnings than net income because it strips out non-cash charges like depreciation and the working-capital churn that distorts a single quarter. Compare with capex to see how much of operating cash flow gets reinvested versus returned. Figures are ranked in USD after period-average FX translation (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Calculated from each company's four most recent reported quarters, as of .
Sector scopeReal EstateChange sectorChange sector
Top companies by Free Cash Flow — Real Estate
- Prologis
PLD
- Sector
- Real Estate
- Free Cash Flow
- $5.01B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $3.86B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $3.77B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $3.24B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $3.09B
- As of
- Welltower
WELL
- Sector
- Real Estate
- Free Cash Flow
- $2.85B
- As of
- Crown Castle
CCI
- Sector
- Real Estate
- Free Cash Flow
- $2.73B
- As of
- VICI Properties
VICI
- Sector
- Real Estate
- Free Cash Flow
- $2.51B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $1.84B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $1.51B
- As of
- Equinix
EQIX
- Sector
- Real Estate
- Free Cash Flow
- $1.49B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $1.40B
- As of
- Ventas
VTR
- Sector
- Real Estate
- Free Cash Flow
- $1.32B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $1.29B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $1.17B
- As of
- Invitation Homes
INVH
- Sector
- Real Estate
- Free Cash Flow
- $1.15B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $1.07B
- As of
- Sector
- Real Estate
- Free Cash Flow
- $973.61M
- As of
- UDR
UDR
- Sector
- Real Estate
- Free Cash Flow
- $902.89M
- As of
- CBRE Group
CBRE
- Sector
- Real Estate
- Free Cash Flow
- $897.00M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $862.00M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $825.65M
- As of
- Kimco Realty
KIM
- Sector
- Real Estate
- Free Cash Flow
- $772.40M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $717.94M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $700.02M
- As of
- BXP
BXP
- Sector
- Real Estate
- Free Cash Flow
- $689.66M
- As of
- NNN REIT
NNN
- Sector
- Real Estate
- Free Cash Flow
- $667.13M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $549.00M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $528.25M
- As of
- STAG Industrial
STAG
- Sector
- Real Estate
- Free Cash Flow
- $422.64M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $372.38M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $233.12M
- As of
- Tanger
SKT
- Sector
- Real Estate
- Free Cash Flow
- $211.56M
- As of
- CoStar Group
CSGP
- Sector
- Real Estate
- Free Cash Flow
- $117.30M
- As of
- Agree Realty
ADC
- Sector
- Real Estate
- Free Cash Flow
- $110.30M
- As of
- Sector
- Real Estate
- Free Cash Flow
- $49.57M
- As of
- Sector
- Real Estate
- Free Cash Flow
- -$230.21M
- As of
- Sector
- Real Estate
- Free Cash Flow
- -$931.63M
- As of