Digital Realty Trust, Inc. (DLR) vs Simon Property Group, Inc. (SPG)
SPG leads on 14 of 17 compared metrics.
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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
DLR
Digital Realty Trust, Inc.
$184.20Real Estate
SPG
Simon Property Group, Inc.
$219.04Real Estate
Not enough overlapping price history to compare DLR and SPG.
DLR vs SPG: by the numbers
- •SPG is the larger company ($71.03B vs $64.73B market cap).
- •SPG trades at the lower earnings multiple (15.26 vs 48.47 P/E).
- •SPG converts more revenue to profit (70.40% vs 21.47% net margin).
- •DLR grew revenue faster over the past five years (9.00% vs 8.15% CAGR).
- •SPG pays the higher dividend yield (4.02% vs 1.99%).
Which is better, DLR or SPG?
Metric tally: DLR 3 · SPG 14It depends on what you're optimizing for:
ValueSPG(lower P/E)
GrowthDLR(faster 5Y revenue CAGR)
IncomeSPG(higher dividend yield)
QualitySPG(higher ROIC)
Valuation
| Metric | DLR | SPG |
|---|---|---|
| P/E ratio | 48.47 | 15.26● |
| Forward P/E | 81.80 | 31.77● |
| P/S ratio | 10.14● | 10.68 |
| P/B ratio | 2.78● | 14.61 |
| PEG ratio | 0.36 | 0.14● |
| EV / EBITDA | 20.84 | 12.90● |
| FCF yield | 1.77% | 4.60%● |
Profitability
| Metric | DLR | SPG |
|---|---|---|
| Gross margin | 25.12% | 85.24%● |
| Operating margin | 14.61% | 48.28%● |
| Net margin | 21.47% | 70.40%● |
| ROE | 5.90% | 96.34%● |
| ROIC | 1.30% | 8.55%● |
Dividends
| Metric | DLR | SPG |
|---|---|---|
| Dividend yield | 1.99% | 4.02%● |
| Payout ratio | 98.12% | 62.23% |
Growth (annualized)
| Metric | DLR | SPG |
|---|---|---|
| Revenue CAGR (5Y) | 9.00%● | 8.15% |
| EPS CAGR (5Y) | 29.87% | 31.55%● |
| FCF CAGR (5Y) | -2.35% | 9.48%● |
| Total return CAGR (5Y) | 6.16% | 16.57%● |
Frequently asked
- Which is better, DLR or SPG?
- It depends on your goal. value: SPG (lower P/E); growth: DLR (faster 5Y revenue CAGR); income: SPG (higher dividend yield); quality: SPG (higher ROIC). Across all compared metrics, SPG leads 14 to 3.
- Is DLR or SPG cheaper?
- On trailing earnings, SPG is cheaper: DLR trades at a 48.47 P/E and SPG at 15.26.
- Which has grown faster, DLR or SPG?
- Over the past five years, DLR grew revenue faster — DLR at a 9.00% CAGR versus SPG at 8.15%.
- Does DLR or SPG pay a bigger dividend?
- DLR yields 1.99% and SPG yields 4.02% based on trailing dividends and the latest price.
- Is DLR or SPG more profitable?
- SPG runs the higher net margin — DLR at 21.47% versus SPG at 70.40%.
- Which has been the better investment, DLR or SPG?
- Over the past 10-year, DLR delivered the higher annualized total return — DLR at 9.78% versus SPG at 6.24%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Digital Realty Trust P/E ratioSimon Property P/E ratioDigital Realty Trust dividend yieldSimon Property dividend yieldDigital Realty Trust ROESimon Property ROEDigital Realty Trust operating marginSimon Property operating marginDigital Realty Trust revenue growthSimon Property revenue growthDigital Realty Trust free cash flowSimon Property free cash flow
Digital Realty Trust & 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 13, 2026.