Enterprise Value per Employee
How much market value each worker supports
Updated June 21, 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 | $1720.8M | $46.5B | 27 |
| REIT - Specialty — $46.5B of enterprise value resting on 27 employees, about $1720.8M per head. | ||||
| 2 | PNWPinnacle West Capital CorporationRegulated Electric | $248.2M | $23.3B | 94 |
| Regulated Electric — $23.3B of enterprise value resting on 94 employees, about $248.2M per head. | ||||
| 3 | TPLTexas Pacific Land CorporationOil & Gas Exploration & Production | $242.1M | $26.9B | 111 |
| Oil & Gas Exploration & Production — $26.9B of enterprise value resting on 111 employees, about $242.1M per head. | ||||
| 4 | APPAppLovin CorporationSoftware - Application | $237.9M | $208.4B | 876 |
| Software - Application — $208.4B of enterprise value resting on 876 employees, about $237.9M per head. | ||||
| 5 | WELLWelltower Inc.REIT - Healthcare Facilities | $237.0M | $162.4B | 685 |
| REIT - Healthcare Facilities — $162.4B of enterprise value resting on 685 employees, about $237.0M per head. | ||||
| 6 | ORealty Income CorporationREIT - Retail | $181.0M | $84.7B | 468 |
| REIT - Retail — $84.7B of enterprise value resting on 468 employees, about $181.0M per head. | ||||
| 7 | NVDANVIDIA CorporationSemiconductors | $141.1M | $5.08T | 36K |
| Semiconductors — $5.08T of enterprise value resting on 36K employees, about $141.1M per head. | ||||
| 8 | HSTHost Hotels & Resorts, Inc.REIT - Hotel & Motel | $117.1M | $19.3B | 165 |
| REIT - Hotel & Motel — $19.3B of enterprise value resting on 165 employees, about $117.1M per head. | ||||
| 9 | VTRVentas, Inc.REIT - Healthcare Facilities | $107.3M | $53.4B | 498 |
| REIT - Healthcare Facilities — $53.4B of enterprise value resting on 498 employees, about $107.3M per head. | ||||
| 10 | PLTRPalantir Technologies Inc.Software - Infrastructure | $98.6M | $394.4B | 4K |
| Software - Infrastructure — $394.4B of enterprise value resting on 4K employees, about $98.6M per head. | ||||
| 11 | PLDPrologis, Inc.REIT - Industrial | $63.3M | $171.2B | 3K |
| REIT - Industrial — $171.2B of enterprise value resting on 3K employees, about $63.3M per head. | ||||
| 12 | AVGOBroadcom Inc.Semiconductors | $60.4M | $2.24T | 37K |
| Semiconductors — $2.24T of enterprise value resting on 37K employees, about $60.4M per head. | ||||
| 13 | DOCHealthpeak Properties, Inc.REIT - Healthcare Facilities | $58.3M | $22.6B | 387 |
| REIT - Healthcare Facilities — $22.6B of enterprise value resting on 387 employees, about $58.3M per head. | ||||
| 14 | FRTFederal Realty Investment TrustREIT - Retail | $49.6M | $15.1B | 304 |
| REIT - Retail — $15.1B of enterprise value resting on 304 employees, about $49.6M per head. | ||||
| 15 | ANETArista Networks, Inc.Computer Hardware | $43.2M | $190.8B | 4K |
| Computer Hardware — $190.8B of enterprise value resting on 4K employees, about $43.2M per head. | ||||
| 16 | CCICrown Castle Inc.REIT - Specialty | $43.1M | $64.6B | 2K |
| REIT - Specialty — $64.6B of enterprise value resting on 2K employees, about $43.1M per head. | ||||
| 17 | AREAlexandria Real Estate Equities, Inc.REIT - Office | $38.9M | $21.5B | 552 |
| REIT - Office — $21.5B of enterprise value resting on 552 employees, about $38.9M per head. | ||||
| 18 | REGRegency Centers CorporationREIT - Retail | $38.5M | $19.0B | 495 |
| REIT - Retail — $19.0B of enterprise value resting on 495 employees, about $38.5M per head. | ||||
| 19 | FANGDiamondback Energy, Inc.Oil & Gas Exploration & Production | $34.2M | $67.9B | 2K |
| Oil & Gas Exploration & Production — $67.9B of enterprise value resting on 2K employees, about $34.2M per head. | ||||
| 20 | KIMKimco Realty CorporationREIT - Retail | $33.8M | $24.2B | 717 |
| REIT - Retail — $24.2B of enterprise value resting on 717 employees, about $33.8M per head. | ||||
| 21 | BXPBXP, Inc.REIT - Office | $30.1M | $24.6B | 816 |
| REIT - Office — $24.6B of enterprise value resting on 816 employees, about $30.1M per head. | ||||
| 22 | AMDAdvanced Micro Devices, Inc.Semiconductors | $30.1M | $843.1B | 28K |
| Semiconductors — $843.1B of enterprise value resting on 28K employees, about $30.1M per head. | ||||
| 23 | VRSNVeriSign, Inc.Software - Infrastructure | $29.5M | $27.4B | 929 |
| Software - Infrastructure — $27.4B of enterprise value resting on 929 employees, about $29.5M per head. | ||||
| 24 | AAPLApple Inc.Consumer Electronics | $28.2M | $4.62T | 164K |
| Consumer Electronics — $4.62T of enterprise value resting on 164K employees, about $28.2M per head. | ||||
| 25 | KKRKKR & Co. Inc.Asset Management | $28.2M | $136.1B | 5K |
| Asset Management — $136.1B of enterprise value resting on 5K employees, about $28.2M per head. | ||||