Booking Holdings Inc. (BKNG) vs Simon Property Group, Inc. (SPG)

BKNG leads on 8 of 15 compared metrics, though SPG is the cheaper stock.

A side-by-side comparison of Booking Holdings Inc. and Simon Property Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — BKNG vs SPG

growth of $100 · last 27y
BKNG +896.0%SPG +770.9%BKNG compounded faster
05001k2kStart $10020042009201420192024$996$871
BKNG SPG

BKNG vs SPG: by the numbers

  • BKNG is the larger company ($127.81B vs $71.03B market cap).
  • SPG trades at the lower earnings multiple (15.26 vs 21.75 P/E).
  • SPG converts more revenue to profit (70.40% vs 22.23% net margin).
  • BKNG grew revenue faster over the past five years (37.43% vs 8.15% CAGR).
  • SPG pays the higher dividend yield (4.02% vs 0.97%).

Which is better, BKNG or SPG?

Metric tally: BKNG 8 · SPG 7

It depends on what you're optimizing for:

ValueSPG(lower P/E)
GrowthBKNG(faster 5Y revenue CAGR)
IncomeSPG(higher dividend yield)
QualityBKNG(higher ROIC)

Valuation

MetricBKNGSPG
P/E ratio21.7515.26
Forward P/E13.3831.77
P/S ratio4.7310.68
P/B ratio14.61
PEG ratio0.140.14
EV / EBITDA14.0712.90
FCF yield6.90%4.60%

Profitability

MetricBKNGSPG
Gross margin100.00%85.24%
Operating margin34.28%48.28%
Net margin22.23%70.40%
ROE-96.88%96.34%
ROIC50.82%8.55%

Dividends

MetricBKNGSPG
Dividend yield0.97%4.02%
Payout ratio24.14%62.23%

Growth (annualized)

MetricBKNGSPG
Revenue CAGR (5Y)37.43%8.15%
EPS CAGR (5Y)158.62%31.55%
FCF CAGR (5Y)39.83%9.48%
Total return CAGR (5Y)12.81%16.57%

Frequently asked

Which is better, BKNG or SPG?
It depends on your goal. value: SPG (lower P/E); growth: BKNG (faster 5Y revenue CAGR); income: SPG (higher dividend yield); quality: BKNG (higher ROIC). Across all compared metrics, BKNG leads 8 to 7.
Is BKNG or SPG cheaper?
On trailing earnings, SPG is cheaper: BKNG trades at a 21.75 P/E and SPG at 15.26.
Which has grown faster, BKNG or SPG?
Over the past five years, BKNG grew revenue faster — BKNG at a 37.43% CAGR versus SPG at 8.15%.
Does BKNG or SPG pay a bigger dividend?
BKNG yields 0.97% and SPG yields 4.02% based on trailing dividends and the latest price.
Is BKNG or SPG more profitable?
SPG runs the higher net margin — BKNG at 22.23% versus SPG at 70.40%.
Which has been the better investment, BKNG or SPG?
Over the past 10-year, BKNG delivered the higher annualized total return — BKNG at 12.30% versus SPG at 6.24%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.