Crown Castle Inc. (CCI) vs Simon Property Group, Inc. (SPG)
SPG leads on 10 of 11 compared metrics.
A side-by-side comparison of Crown Castle Inc. and Simon Property Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CCI vs SPG
growth of $100 · last 28yCCI +608.9%SPG +644.0%SPG compounded faster
CCI SPG
CCI vs SPG: by the numbers
- •SPG is the larger company ($71.03B vs $40.22B market cap).
- •SPG trades at the lower earnings multiple (15.26 vs 38.08 P/E).
- •SPG converts more revenue to profit (70.40% vs 25.13% net margin).
- •SPG grew revenue faster over the past five years (8.15% vs -6.52% CAGR).
- •SPG pays the higher dividend yield (4.02% vs 3.46%).
Which is better, CCI or SPG?
Metric tally: CCI 1 · SPG 10It depends on what you're optimizing for:
ValueSPG(lower P/E)
GrowthSPG(faster 5Y revenue CAGR)
IncomeSPG(higher dividend yield)
QualitySPG(higher ROIC)
Valuation
| Metric | CCI | SPG |
|---|---|---|
| P/E ratio | 38.08 | 15.26● |
| Forward P/E | 31.99 | 31.77 |
| P/S ratio | 9.56● | 10.68 |
| P/B ratio | — | 14.61 |
| PEG ratio | — | 0.14 |
| EV / EBITDA | 23.93 | 12.90● |
Profitability
| Metric | CCI | SPG |
|---|---|---|
| Gross margin | 65.71% | 85.24%● |
| Operating margin | 48.01% | 48.28% |
| Net margin | 25.13% | 70.40%● |
| ROE | -27.16% | 96.34%● |
| ROIC | 6.81% | 8.55%● |
Dividends
| Metric | CCI | SPG |
|---|---|---|
| Dividend yield | 3.46% | 4.02%● |
| Payout ratio | 312.50% | 62.23% |
Growth (annualized)
| Metric | CCI | SPG |
|---|---|---|
| Revenue CAGR (5Y) | -6.52% | 8.15%● |
| EPS CAGR (5Y) | -15.45% | 31.55%● |
| Total return CAGR (5Y) | -9.85% | 16.57%● |
Frequently asked
- Which is better, CCI or SPG?
- It depends on your goal. value: SPG (lower P/E); growth: SPG (faster 5Y revenue CAGR); income: SPG (higher dividend yield); quality: SPG (higher ROIC). Across all compared metrics, SPG leads 10 to 1.
- Is CCI or SPG cheaper?
- On trailing earnings, SPG is cheaper: CCI trades at a 38.08 P/E and SPG at 15.26.
- Which has grown faster, CCI or SPG?
- Over the past five years, SPG grew revenue faster — CCI at a -6.52% CAGR versus SPG at 8.15%.
- Does CCI or SPG pay a bigger dividend?
- CCI yields 3.46% and SPG yields 4.02% based on trailing dividends and the latest price.
- Is CCI or SPG more profitable?
- SPG runs the higher net margin — CCI at 25.13% versus SPG at 70.40%.
- Which has been the better investment, CCI or SPG?
- Over the past 10-year, SPG delivered the higher annualized total return — CCI at 4.03% versus SPG at 6.24%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Crown Castle P/E ratioSimon Property P/E ratioCrown Castle dividend yieldSimon Property dividend yieldCrown Castle ROESimon Property ROECrown Castle operating marginSimon Property operating marginCrown Castle revenue growthSimon Property revenue growthCrown Castle free cash flowSimon Property free cash flow
Crown Castle & Simon Property appear in these rankings
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 14, 2026.