Debt ratio of the 50 largest REITs in the U.S. 2023
The infrastructure real estate investment trust (REIT) Prologis was the largest U.S. REIT as of November 2023, with a market cap of almost 95.4 million U.S. dollars. During this period, the debt to ratio of Prologis was almost 21 percent. The debt ratio measures the financial leverage of a company and is calculated as the the total debt divided by the sum of implied market capitalization and total debt.