Equinix, Inc. (EQIX) vs Simon Property Group, Inc. (SPG)

SPG leads on 14 of 17 compared metrics.

A side-by-side comparison of Equinix, 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).

Not enough overlapping price history to compare EQIX and SPG.

EQIX vs SPG: by the numbers

  • EQIX is the larger company ($104.13B vs $71.03B market cap).
  • SPG trades at the lower earnings multiple (15.26 vs 73.07 P/E).
  • SPG converts more revenue to profit (70.40% vs 15.03% net margin).
  • EQIX grew revenue faster over the past five years (8.99% vs 8.15% CAGR).
  • SPG pays the higher dividend yield (4.02% vs 1.87%).

Which is better, EQIX or SPG?

Metric tally: EQIX 3 · SPG 14

It depends on what you're optimizing for:

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

Valuation

MetricEQIXSPG
P/E ratio73.0715.26
Forward P/E56.0431.77
P/S ratio11.0210.68
P/B ratio7.2914.61
PEG ratio0.900.14
EV / EBITDA29.3412.90
FCF yield0.85%4.60%

Profitability

MetricEQIXSPG
Gross margin51.26%85.24%
Operating margin20.80%48.28%
Net margin15.03%70.40%
ROE9.95%96.34%
ROIC4.36%8.55%

Dividends

MetricEQIXSPG
Dividend yield1.87%4.02%
Payout ratio142.86%62.23%

Growth (annualized)

MetricEQIXSPG
Revenue CAGR (5Y)8.99%8.15%
EPS CAGR (5Y)26.73%31.55%
FCF CAGR (5Y)94.19%9.48%
Total return CAGR (5Y)7.37%16.57%

Frequently asked

Which is better, EQIX or SPG?
It depends on your goal. value: SPG (lower P/E); growth: EQIX (faster 5Y revenue CAGR); income: SPG (higher dividend yield); quality: SPG (higher ROIC). Across all compared metrics, SPG leads 14 to 3.
Is EQIX or SPG cheaper?
On trailing earnings, SPG is cheaper: EQIX trades at a 73.07 P/E and SPG at 15.26.
Which has grown faster, EQIX or SPG?
Over the past five years, EQIX grew revenue faster — EQIX at a 8.99% CAGR versus SPG at 8.15%.
Does EQIX or SPG pay a bigger dividend?
EQIX yields 1.87% and SPG yields 4.02% based on trailing dividends and the latest price.
Is EQIX or SPG more profitable?
SPG runs the higher net margin — EQIX at 15.03% versus SPG at 70.40%.
Which has been the better investment, EQIX or SPG?
Over the past 10-year, EQIX delivered the higher annualized total return — EQIX at 13.20% 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.