Digital Realty (DLR) vs Simon Property Group (SPG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Simon Property Group (SPG) has outperformed Digital Realty (DLR) over the past year, gaining 10.4% versus a gain of 3.0%. Over five years, SPG leads with a +40.9% price change compared with +22.3% for DLR. Simon Property Group is the larger company by market cap ($75.01 billion vs $68.16 billion), about 1.1 times the size, while Digital Realty is growing revenue faster (+10.0% vs +6.7%).
On valuation, Simon Property Group trades at a lower forward P/E (29.2x vs 65.3x for Digital Realty). Simon Property Group offers the higher dividend yield (4.45% vs 2.70%). Simon Property Group converts more of its revenue into profit, with a net margin of 84.3% versus 21.4%.
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 | DLR | SPG |
|---|---|---|
| Share price | $180.47 | $197.59 |
| Market cap | $68.16B | $75.01B |
| 1-day change | -2.26% | -2.06% |
| YTD return | +16.65% | +6.74% |
| 1-year return | +3.04% | +10.43% |
| 5-year return | +22.32% | +40.91% |
| P/E ratio (TTM) | 87.61 | 13.94 |
| Forward P/E | 65.34 | 29.17 |
| EPS (TTM) | $2.06 | $14.17 |
| Dividend yield | 2.70% | 4.45% |
| Annual dividend | $4.88 | $8.80 |
| Revenue (latest FY) | $6.11B | $6.36B |
| Revenue growth (YoY) | +10.04% | +6.72% |
| Net income (latest FY) | $1.31B | $5.36B |
| Operating margin | 10.77% | 49.89% |
| Net margin | 21.41% | 84.28% |
| 52-week high | $208.14 | $238.50 |
| 52-week low | $146.23 | $172.19 |
| Distance from 52-week high | -13.29% | -17.15% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +23.81% | +18.17% |
| Average volume | 2.29M | 1.33M |
| Shares outstanding | 371.00M | 323.55M |
| Employees | 4,282 | 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
- Digital Realty trades at a higher earnings multiple (87.6x vs 13.9x trailing P/E).
- Simon Property Group offers a meaningfully higher dividend yield (4.45% vs 2.70%).
- Simon Property Group is more profitable, keeping 84.3 cents of every revenue dollar as net income versus 21.4 cents for Digital Realty.
About Digital Realty
DLR stock →Digital Realty Trust, Inc. brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions.
Real Estate · Real Estate Investment Trusts · 4,282 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
DLR vs SPG FAQ
Which is bigger, Digital Realty or Simon Property Group?
Simon Property Group (SPG) is larger, with a market capitalization of $75.01B compared with $68.16B for Digital Realty (DLR).
Which stock has performed better over the past year, DLR or SPG?
SPG returned +10.43% over the past 12 months, compared with +3.04% for DLR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DLR or SPG?
SPG has the lower trailing P/E at 13.9, versus 87.6 for DLR. 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, Digital Realty or Simon Property Group?
Simon Property Group has the higher yield at 4.45%, compared with 2.70% for Digital Realty.
Are Digital Realty and Simon Property Group in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.