Rankings · Quality

Highest return on capital

Graded A or B, ranked by operating profit as a share of the equity and debt the business runs on. Banks, insurers and companies with negative equity are left out, where the measure means nothing.

59 companies meet this test

Figures as of October 1, 2026

#CompanyGradeReturn on capitalNet marginMarket value
1ALXALEXANDERS INCB+77.1%79.1%$1.3B
2RHPRyman Hospitality Properties, Inc.B+52.1%9.9%$7.7B
3LAMRLAMAR ADVERTISING CO/NEWA+12.5%23.9%$14.8B
4NNNNNN REIT, INC.B+12.4%42.1%$7.9B
5JLLJONES LANG LASALLE INCA10.9%3.6%$14.3B
6BXPBXP, INC.A10.8%8.4%$9.9B
7LTCLTC PROPERTIES INCA+10.7%38.9%$2.3B
8HSTHOST HOTELS & RESORTS, INC.A+9.8%16.5%$15.4B
9ESRTEMPIRE STATE REALTY TRUST, INC.B9.8%1.2%$1.1B
10JOEThe St. Joe CompanyA+9.6%22.5%$3.8B
11EXREXTRA SPACE STORAGE INC.A+9.4%27.8%$28.2B
12AHRAmerican Healthcare REIT, Inc.B9.4%4.8%$11.4B
13REGREGENCY CENTERS CORPORATIONA+9.4%34.5%$13.3B
14CBLCBL & ASSOCIATES PROPERTIES, INC.B+9.1%37.0%$1.7B
15AMTAMERICAN TOWER CORP /MA/A+8.9%32.1%$78B
16CUZCOUSINS PROPERTIES INCB8.3%0.6%$4.5B
17UEURBAN EDGE PROPERTIESB+8.3%22.2%$2.5B
18FSVFirstService CorporationA8.2%2.9%$5.9B
19MRPMillrose Properties, Inc.A8.0%62.6%$4.4B
20CBRECBRE GROUP, INC.B7.4%3.0%$37.9B
21NMRKNEWMARK GROUP, INC.A6.7%4.1%$3.2B
22CWKCushman & Wakefield Ltd.B6.5%0.6%$2.8B
23ELSEQUITY LIFESTYLE PROPERTIES, INC.A+6.0%25.9%$11.4B
24OUTOUTFRONT Media Inc.A+6.0%12.7%$4.9B
25UDRUDR, Inc.B+5.9%28.6%$11B

More rankings

A ranking orders companies by one stated measure. It is not a recommendation, and it says nothing about whether any share price is reasonable.