Fermi

FRMINasdaq United States Real Estate Real Estate Investment Trusts

Market cap

$965.096 M

$1.51 -17.31%

Close of 6 Nov 2026

As of 6 Nov 2026, Fermi (FRMI) has a market capitalization of $965.1M. Market cap measures the value of outstanding equity at market prices; company totals combine applicable share classes. Prices and market caps come from Nasdaq, with financial fundamentals from SEC filings. See sources and calculation details.

Revenue

—

Not reported

Earnings

-$486.4M

Loss-making

Shares outstanding

640,467,348

Latest filing cover page

P/E ratio

—

Cap ÷ net income

Real Estate Investment Trusts, ranked by market cap

All 173 →

#98Easterly Government PropertiesDEA$1.07B
#99CenterspaceCSR$986.2M
#100FermiFRMI$965.1M
#101Orchid Island CapitalORC$961.1M
#102JBG SMITH PropertiesJBGS$933.1M

What if Fermi were worth as much as…

Open the what-if tool →

Gold $28.2T

$44,033.44

Per share 29,258× higher

Bitcoin $1.53T

$2,382.57

Per share 1,583× higher

Apple $5.02T

$7,821.76

Per share 5,197× higher

Or at a round number

$2.00B $5.00B $10.0B $20.0B

Where these numbers come from

Share counts and financials for Fermi are taken from its own SEC filings via EDGAR: public record, not an estimate. Market cap is shares outstanding multiplied by the latest close. Read the methodology.