Prologis (PLD) 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
Simon Property Group (SPG) has outperformed Prologis (PLD) over the past year, gaining 10.4% versus a gain of 9.8%. Over five years, SPG leads with a +40.9% price change compared with -7.1% for PLD. Prologis is the larger company by market cap ($125.68 billion vs $75.78 billion), about 1.7 times the size.
On valuation, Simon Property Group trades at a lower forward P/E (29.5x vs 38.8x for Prologis). Simon Property Group offers the higher dividend yield (4.41% vs 3.22%). Simon Property Group converts more of its revenue into profit, with a net margin of 84.3% versus 37.9%.
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 | PLD | SPG |
|---|---|---|
| Share price | $129.29 | $199.61 |
| Market cap | $125.68B | $75.78B |
| 1-day change | +1.56% | +1.02% |
| YTD return | -0.28% | +6.74% |
| 1-year return | +9.77% | +10.43% |
| 5-year return | -7.07% | +40.91% |
| P/E ratio (TTM) | 28.73 | 14.09 |
| Forward P/E | 38.79 | 29.47 |
| EPS (TTM) | $4.50 | $14.17 |
| Dividend yield | 3.22% | 4.41% |
| Annual dividend | $4.16 | $8.80 |
| Revenue (latest FY) | $8.79B | $6.36B |
| Revenue growth (YoY) | +7.18% | +6.72% |
| Net income (latest FY) | $3.33B | $5.36B |
| Operating margin | 49.58% | 49.89% |
| Net margin | 37.86% | 84.28% |
| 52-week high | $153.35 | $238.50 |
| 52-week low | $111.03 | $172.19 |
| Distance from 52-week high | -15.69% | -16.31% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +22.38% | +16.98% |
| Average volume | 4.07M | 1.32M |
| Shares outstanding | 950.33M | 323.55M |
| Employees | 2,802 | 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
- Prologis trades at a higher earnings multiple (28.7x vs 14.1x trailing P/E).
- Simon Property Group offers a meaningfully higher dividend yield (4.41% vs 3.22%).
- Simon Property Group is more profitable, keeping 84.3 cents of every revenue dollar as net income versus 37.9 cents for Prologis.
About Prologis
PLD stock →Prologis, Inc. don't just lead the industry, they define it.
Real Estate · Real Estate Investment Trusts · 2,802 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
PLD vs SPG FAQ
Which is bigger, Prologis or Simon Property Group?
Prologis (PLD) is larger, with a market capitalization of $125.68B compared with $75.78B for Simon Property Group (SPG).
Which stock has performed better over the past year, PLD or SPG?
SPG returned +10.43% over the past 12 months, compared with +9.77% for PLD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PLD or SPG?
SPG has the lower trailing P/E at 14.1, versus 28.7 for PLD. 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, Prologis or Simon Property Group?
Simon Property Group has the higher yield at 4.41%, compared with 3.22% for Prologis.
Are Prologis and Simon Property Group in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.