Equinix (EQIX) vs Simon Property Group (SPG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Equinix (EQIX) has outperformed Simon Property Group (SPG) over the past year, gaining 31.1% versus a gain of 10.4%. Over five years, SPG leads with a +40.9% price change compared with +32.0% for EQIX. Equinix is the larger company by market cap ($99.43 billion vs $74.98 billion), about 1.3 times the size, while Simon Property Group is growing revenue faster (+6.7% vs +5.4%).
On valuation, Simon Property Group trades at a lower forward P/E (29.2x vs 54.4x for Equinix). Simon Property Group offers the higher dividend yield (4.46% vs 1.95%). Simon Property Group converts more of its revenue into profit, with a net margin of 84.3% versus 14.6%.
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 | EQIX | SPG |
|---|---|---|
| Share price | $1,007.72 | $197.52 |
| Market cap | $99.43B | $74.98B |
| 1-day change | -2.33% | -0.04% |
| YTD return | +34.67% | +6.74% |
| 1-year return | +31.09% | +10.43% |
| 5-year return | +32.04% | +40.91% |
| P/E ratio (TTM) | 64.85 | 13.94 |
| Forward P/E | 54.39 | 29.16 |
| EPS (TTM) | $15.54 | $14.17 |
| Dividend yield | 1.95% | 4.46% |
| Annual dividend | $19.70 | $8.80 |
| Revenue (latest FY) | $9.22B | $6.36B |
| Revenue growth (YoY) | +5.36% | +6.72% |
| Net income (latest FY) | $1.35B | $5.36B |
| Gross margin | 51.09% | — |
| Operating margin | 20.05% | 49.89% |
| Net margin | 14.65% | 84.28% |
| 52-week high | $1,128.68 | $238.50 |
| 52-week low | $720.62 | $172.19 |
| Distance from 52-week high | -10.72% | -17.18% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +22.47% | +18.22% |
| Average volume | 535.83K | 1.32M |
| Shares outstanding | 98.67M | 323.55M |
| Employees | 13,716 | 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
- EQIX has outperformed SPG by 20.7 percentage points over the past year.
- Equinix trades at a higher earnings multiple (64.8x vs 13.9x trailing P/E).
- Simon Property Group offers a meaningfully higher dividend yield (4.46% vs 1.95%).
- Simon Property Group is more profitable, keeping 84.3 cents of every revenue dollar as net income versus 14.6 cents for Equinix.
About Equinix
EQIX stock →Equinix, Inc. shortens the path to boundless connectivity anywhere in the world.
Real Estate · Real Estate Investment Trusts · 13,716 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
EQIX vs SPG FAQ
Which is bigger, Equinix or Simon Property Group?
Equinix (EQIX) is larger, with a market capitalization of $99.43B compared with $74.98B for Simon Property Group (SPG).
Which stock has performed better over the past year, EQIX or SPG?
EQIX returned +31.09% over the past 12 months, compared with +10.43% for SPG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQIX or SPG?
SPG has the lower trailing P/E at 13.9, versus 64.8 for EQIX. 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, Equinix or Simon Property Group?
Simon Property Group has the higher yield at 4.46%, compared with 1.95% for Equinix.
Are Equinix and Simon Property Group in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.