Digital Realty Trust, Inc. (DLR) vs Simon Property Group, Inc. (SPG)

A side-by-side comparison of Digital Realty Trust, Inc. and Simon Property Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnDLR vs SPG

growth of $100 · dividends reinvested · last 22y
DLR +3753.5%SPG +970.9%DLR compounded faster
01k2k3k4kStart $10020082012201620202024$3,854$1,071
DLR SPG

DLR vs SPG: by the numbers

  • SPG is the larger company ($76.76B vs $71.47B market cap).
  • SPG trades at the lower trailing earnings multiple (16.14 vs 227.63 P/E), one valuation lens rather than an overall verdict.
  • SPG converts more revenue to profit (70.40% vs 6.72% net margin).
  • SPG grew revenue faster over the past five years (8.15% vs 4.95% CAGR).
  • SPG pays the higher dividend yield (3.80% vs 2.49%).

Metrics side by side

Valuation

MetricDLRSPG
P/E ratio227.6316.14
Forward P/E77.2434.57
P/S ratio9.8211.29
P/B ratio2.7015.45
PEG ratio0.360.14
EV / EBITDA27.6321.58

Profitability

MetricDLRSPG
Gross margin55.39%85.24%
Operating margin10.77%48.28%
Net margin6.72%70.40%
ROE5.71%96.34%
ROICN/A9.60%

Dividends

MetricDLRSPG
Dividend yield2.49%3.80%
Payout ratio130.83%62.23%

Growth (annualized)

MetricDLRSPG
Revenue CAGR (5Y)4.95%8.15%
EPS CAGR (5Y)29.87%31.55%
Total return CAGR (5Y)8.61%19.74%

Frequently asked

Which has the lower trailing P/E, DLR or SPG?
SPG has the lower trailing P/E: DLR trades at 227.63 and SPG at 16.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DLR or SPG?
Over the past five years, SPG grew revenue faster — DLR at a 4.95% CAGR versus SPG at 8.15%.
Does DLR or SPG pay a bigger dividend?
DLR yields 2.49% and SPG yields 3.80% based on trailing dividends and the latest price.
Is DLR or SPG more profitable?
SPG runs the higher net margin — DLR at 6.72% versus SPG at 70.40%.
How have DLR and SPG total returns compared?
Over the past 10 years, DLR delivered 9.90% and SPG delivered 5.85% annualized total return. 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 July 28, 2026.