Simon Property Group, Inc. (SPG) vs Welltower Inc. (WELL)
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 July 28, 2026. Differences are shown without an overall score or investment verdict.
SPG
Simon Property Group, Inc.
$236.70Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
WELL
Welltower Inc.
$243.57Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — SPG vs WELL
growth of $100 · dividends reinvested · last 30ySPG +4429.7%WELL +6810.0%WELL compounded faster
SPG WELL
SPG vs WELL: by the numbers
- •WELL is the larger company ($171.94B vs $76.76B market cap).
- •SPG trades at the lower trailing earnings multiple (16.14 vs 131.40 P/E), one valuation lens rather than an overall verdict.
- •SPG converts more revenue to profit (70.40% vs 10.67% net margin).
- •WELL grew revenue faster over the past five years (23.85% vs 8.15% CAGR).
- •SPG pays the higher dividend yield (3.80% vs 1.19%).
Metrics side by side
Valuation
| Metric | SPG | WELL |
|---|---|---|
| P/E ratio | 16.14 | 131.40 |
| Forward P/E | 34.57 | 85.74 |
| P/S ratio | 11.29 | 14.42 |
| P/B ratio | 15.45 | 3.92 |
| PEG ratio | 0.14 | N/A |
| EV / EBITDA | 21.58 | 62.73 |
Profitability
| Metric | SPG | WELL |
|---|---|---|
| Gross margin | 85.24% | 38.82% |
| Operating margin | 48.28% | 5.40% |
| Net margin | 70.40% | 10.67% |
| ROE | 96.34% | 2.90% |
| ROIC | 9.60% | 1.01% |
Dividends
| Metric | SPG | WELL |
|---|---|---|
| Dividend yield | 3.80% | 1.19% |
| Payout ratio | 62.23% | 209.93% |
Growth (annualized)
| Metric | SPG | WELL |
|---|---|---|
| Revenue CAGR (5Y) | 8.15% | 23.85% |
| EPS CAGR (5Y) | 31.55% | -9.79% |
| Total return CAGR (5Y) | 19.74% | 25.73% |
Frequently asked
- Which has the lower trailing P/E, SPG or WELL?
- SPG has the lower trailing P/E: SPG trades at 16.14 and WELL at 131.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 23.85%.
- Does SPG or WELL pay a bigger dividend?
- SPG yields 3.80% and WELL yields 1.19% 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 10.67%.
- How have SPG and WELL total returns compared?
- Over the past 10 years, SPG delivered 5.85% and WELL delivered 16.06% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Simon Property P/E ratioWelltower P/E ratioSimon Property dividend yieldWelltower dividend yieldSimon Property ROEWelltower ROESimon Property operating marginWelltower operating marginSimon Property revenue growthWelltower revenue growthSimon Property free cash flowWelltower free cash flow
Simon Property & Welltower 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 July 28, 2026.