Crown Castle (CCI) vs Simon Property Group (SPG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Simon Property Group (SPG) has outperformed Crown Castle (CCI) over the past year, gaining 11.5% versus a loss of 17.6%. Over five years, SPG leads with a +42.4% price change compared with -52.8% for CCI. Simon Property Group is the larger company by market cap ($75.70 billion vs $34.80 billion), about 2.2 times the size.
On valuation, Crown Castle trades at a lower forward P/E (27.5x vs 29.4x for Simon Property Group). Crown Castle offers the higher dividend yield (5.34% vs 4.41%). Simon Property Group converts more of its revenue into profit, with a net margin of 84.3% versus 10.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CCI | SPG |
|---|---|---|
| Share price | $79.64 | $199.42 |
| Market cap | $34.80B | $75.70B |
| 1-day change | +15.60% | -0.10% |
| YTD return | -10.39% | +7.73% |
| 1-year return | -17.57% | +11.51% |
| 5-year return | -52.83% | +42.35% |
| P/E ratio (TTM) | 32.37 | 14.08 |
| Forward P/E | 27.46 | 29.44 |
| EPS (TTM) | $2.46 | $14.16 |
| Dividend yield | 5.34% | 4.41% |
| Annual dividend | $4.25 | $8.80 |
| Revenue (latest FY) | $4.26B | $6.36B |
| Revenue growth (YoY) | -4.39% | +6.72% |
| Net income (latest FY) | $444.00M | $5.36B |
| Gross margin | 97.35% | — |
| Operating margin | 48.66% | 49.89% |
| Net margin | 10.41% | 84.28% |
| 52-week high | $100.50 | $238.50 |
| 52-week low | $65.32 | $172.19 |
| Distance from 52-week high | -20.76% | -16.39% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +18.60% | +17.09% |
| Average volume | 3.58M | 1.31M |
| Shares outstanding | 437.00M | 323.55M |
| Employees | 1,500 | 3,100 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Simon Property Group is about 2.2 times larger than Crown Castle by market value ($75.70B vs $34.80B).
- SPG has outperformed CCI by 29.1 percentage points over the past year.
- Crown Castle trades at a higher earnings multiple (32.4x vs 14.1x trailing P/E).
- Simon Property Group is more profitable, keeping 84.3 cents of every revenue dollar as net income versus 10.4 cents for Crown Castle.
- Simon Property Group grew revenue faster in its latest fiscal year (+6.72% vs -4.39%).
About Crown Castle
CCI stock →Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive.
Real Estate · Real Estate Investment Trusts · 1,500 employees
About Simon Property Group
SPG stock →Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT).
Real Estate · Real Estate Investment Trusts · 3,100 employees
CCI vs SPG FAQ
Which is bigger, Crown Castle or Simon Property Group?
Simon Property Group (SPG) is larger, with a market capitalization of $75.70B compared with $34.80B for Crown Castle (CCI).
Which stock has performed better over the past year, CCI or SPG?
SPG returned +11.51% over the past 12 months, compared with -17.57% for CCI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CCI or SPG?
SPG has the lower trailing P/E at 14.1, versus 32.4 for CCI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Crown Castle or Simon Property Group?
Crown Castle has the higher yield at 5.34%, compared with 4.41% for Simon Property Group.
Are Crown Castle and Simon Property Group in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.