Simon Property Group, Inc. (SPG) vs Zoom Communications, Inc. (ZM)

A side-by-side comparison of Simon Property Group, Inc. and Zoom Communications, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: SPG is classified in Real Estate; ZM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnSPG vs ZM

growth of $100 · dividends reinvested · last 7y
SPG +73.8% (+8.2%/yr)ZM +55.1% (+6.5%/yr)SPG compounded faster over this window
0200400600800Start $100202120232025$174$155
SPG ZM

SPG vs ZM: by the numbers

  • SPG is the larger company ($66.42B vs $28.02B market cap).
  • SPG converts more revenue to profit (66.39% vs 65.19% net margin).
  • SPG grew revenue faster over the past five years (8.17% vs 6.54% CAGR).
  • SPG pays a dividend (4.35% yield), while ZM has no payments in the available dividend history.

Metrics side by side

Valuation

MetricSPGZM
P/E ratio14.498.87
Forward P/E30.8115.55
P/S ratio9.575.61
P/B ratio14.982.48
EV / EBITDA18.9419.55
FCF yield4.89%6.87%

For REITs like Simon Property Group, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

Profitability

MetricSPGZM
Gross margin84.58%77.30%
Operating margin47.40%23.73%
Net margin66.39%65.19%
ROE103.91%28.80%
ROIC8.68%8.02%

Dividends

MetricSPGZM
Dividend yield4.35%N/A
Payout ratio62.94%N/A

Simon Property Group, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Growth (annualized)

MetricSPGZM
Revenue CAGR (5Y)8.17%6.54%
EPS CAGR (5Y)31.55%21.68%
FCF CAGR (5Y)1.52%2.88%
Total return CAGR (5Y)15.37%-20.13%

Frequently asked

Which has grown faster, SPG or ZM?
Over the past five years, SPG grew revenue faster — SPG at a 8.17% CAGR versus ZM at 6.54%.
Does SPG or ZM pay a bigger dividend?
SPG pays a dividend (4.35% yield), while ZM has no payments in the available dividend history.
Is SPG or ZM more profitable?
SPG runs the higher net margin — SPG at 66.39% versus ZM at 65.19%.
How have SPG and ZM total returns compared?
Over the past 5 years, SPG delivered 15.37% and ZM delivered -20.13% 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 September 10, 2026.