Is SPG or WELL cheaper?

On trailing earnings, SPG is cheaper: SPG trades at a 15.26 P/E and WELL at 106.58.

Which has grown faster, SPG or WELL?

Over the past five years, WELL grew revenue faster — SPG at a 8.15% CAGR versus WELL at 21.49%.

Does SPG or WELL pay a bigger dividend?

SPG yields 4.02% and WELL yields 1.38% based on trailing dividends and the latest price.

Is SPG or WELL more profitable?

SPG runs the higher net margin — SPG at 70.40% versus WELL at 12.15%.

Which has been the better investment, SPG or WELL?

Over the past 10-year, WELL delivered the higher annualized total return — SPG at 6.24% versus WELL at 15.57%. Past performance doesn't predict future results.

Simon Property Group, Inc. (SPG) vs Welltower Inc. (WELL)

SPG leads on 12 of 16 compared metrics.

A side-by-side comparison of Simon Property Group, Inc. and Welltower 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).

SPG

Simon Property Group, Inc.

Total return — SPG vs WELL

growth of $100 · last 30y

SPG +860.7%WELL +926.0%WELL compounded faster

SPG WELL

SPG vs WELL: by the numbers

•WELL is the larger company ($151.23B vs $71.03B market cap).
•SPG trades at the lower earnings multiple (15.26 vs 106.58 P/E).
•SPG converts more revenue to profit (70.40% vs 12.15% net margin).
•WELL grew revenue faster over the past five years (21.49% vs 8.15% CAGR).
•SPG pays the higher dividend yield (4.02% vs 1.38%).

Which is better, SPG or WELL?

Metric tally: SPG 12 · WELL 4

It depends on what you're optimizing for:

ValueSPG(lower P/E)

GrowthWELL(faster 5Y revenue CAGR)

IncomeSPG(higher dividend yield)

QualitySPG(higher ROIC)

Valuation

Metric	SPG	WELL
P/E ratio	15.26●	106.58
Forward P/E	31.77●	73.96
P/S ratio	10.68●	13.43
P/B ratio	14.61	3.55●
PEG ratio	0.14	—
EV / EBITDA	12.90●	64.79
FCF yield	4.60%●	1.63%

Profitability

Metric	SPG	WELL
Gross margin	85.24%●	38.87%
Operating margin	48.28%●	4.62%
Net margin	70.40%●	12.15%
ROE	96.34%●	3.21%
ROIC	8.55%●	0.54%

Dividends

Metric	SPG	WELL
Dividend yield	4.02%●	1.38%
Payout ratio	62.23%	209.93%

Growth (annualized)

Metric	SPG	WELL
Revenue CAGR (5Y)	8.15%	21.49%●
EPS CAGR (5Y)	31.55%●	-9.79%
FCF CAGR (5Y)	9.48%	15.45%●
Total return CAGR (5Y)	16.57%	24.90%●

Frequently asked

Which is better, SPG or WELL?: It depends on your goal. value: SPG (lower P/E); growth: WELL (faster 5Y revenue CAGR); income: SPG (higher dividend yield); quality: SPG (higher ROIC). Across all compared metrics, SPG leads 12 to 4.
Is SPG or WELL cheaper?: On trailing earnings, SPG is cheaper: SPG trades at a 15.26 P/E and WELL at 106.58.
Which has grown faster, SPG or WELL?: Over the past five years, WELL grew revenue faster — SPG at a 8.15% CAGR versus WELL at 21.49%.
Does SPG or WELL pay a bigger dividend?: SPG yields 4.02% and WELL yields 1.38% based on trailing dividends and the latest price.
Is SPG or WELL more profitable?: SPG runs the higher net margin — SPG at 70.40% versus WELL at 12.15%.
Which has been the better investment, SPG or WELL?: Over the past 10-year, WELL delivered the higher annualized total return — SPG at 6.24% versus WELL at 15.57%. Past performance doesn't predict future results.

Go deeper

Full SPG analysis Full WELL analysis Interactive comparison tool

Dig into the metrics

Simon Property P/E ratio Welltower P/E ratio Simon Property dividend yield Welltower dividend yield Simon Property ROE Welltower ROE Simon Property operating margin Welltower operating margin Simon Property revenue growth Welltower revenue growth Simon Property free cash flow Welltower free cash flow

Simon Property & Welltower appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest Operating Margin Stocks

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.