Company value is an investor’s perception of a company that can be determined by increasing market confidence in the company’s prospects which indicates the prosperity of shareholders. This study aims to examine whether profitability can mediate the relationship between capital structure and company growth toward firm value. The research population is the property and real estate company on the IDX for period 2013-2017. Determination of the sample with purposive sampling hypothesis testing using multiple regression analysis with spss 20 application and sobel test. Research shows result where 1) capital structure has a positive and significant effect on firm value, 2) growth has a negative and significant effect on firm value, 3) profitability has a positive and significant effect on firm value, 4) capital structure has a positive and not significant effect on profitability 5) growth has a positive and significant effect on profitability, 6) profitability is unable to mediate the effect of capital structure on firm value, 7) profitability is able to mediate the effect growth on firm value