Simon Property Group (SPG) vs Welltower (WELL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Welltower (WELL) has outperformed Simon Property Group (SPG) over the past year, gaining 27.8% versus a gain of 10.4%. Over five years, WELL leads with a +162.9% price change compared with +40.9% for SPG. Welltower is the larger company by market cap ($159.48 billion vs $74.81 billion), about 2.1 times the size.
On valuation, Simon Property Group trades at a lower forward P/E (29.1x vs 69.6x for Welltower). Simon Property Group offers the higher dividend yield (4.47% vs 1.39%). Simon Property Group converts more of its revenue into profit, with a net margin of 84.3% versus 8.9%.
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 | SPG | WELL |
|---|---|---|
| Share price | $197.06 | $221.32 |
| Market cap | $74.81B | $159.48B |
| 1-day change | -0.27% | +0.09% |
| YTD return | +6.74% | +19.13% |
| 1-year return | +10.43% | +27.82% |
| 5-year return | +40.91% | +162.89% |
| P/E ratio (TTM) | 13.91 | 99.25 |
| Forward P/E | 29.09 | 69.60 |
| EPS (TTM) | $14.17 | $2.23 |
| Dividend yield | 4.47% | 1.39% |
| Annual dividend | $8.80 | $3.07 |
| Revenue (latest FY) | $6.36B | $10.84B |
| Revenue growth (YoY) | +6.72% | +35.63% |
| Net income (latest FY) | $5.36B | $961.84M |
| Gross margin | — | 40.14% |
| Operating margin | 49.89% | — |
| Net margin | 84.28% | 8.87% |
| 52-week high | $238.50 | $255.20 |
| 52-week low | $172.19 | $163.75 |
| Distance from 52-week high | -17.38% | -13.28% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +18.49% | +18.40% |
| Average volume | 1.32M | 2.78M |
| Shares outstanding | 323.55M | 720.57M |
| Employees | 3,100 | 712 |
| 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
- Welltower is about 2.1 times larger than Simon Property Group by market value ($159.48B vs $74.81B).
- WELL has outperformed SPG by 17.4 percentage points over the past year.
- Welltower trades at a higher earnings multiple (99.2x vs 13.9x trailing P/E).
- Simon Property Group offers a meaningfully higher dividend yield (4.47% vs 1.39%).
- Simon Property Group is more profitable, keeping 84.3 cents of every revenue dollar as net income versus 8.9 cents for Welltower.
- Welltower grew revenue faster in its latest fiscal year (+35.63% vs +6.72%).
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
About Welltower
WELL stock →Welltower Inc., an S&P 500 company, is positioned at the center of the silver economy, focusing on rental housing for aging seniors across the United States, United Kingdom, and Canada. Their portfolio of 2,500+ seniors and wellness housing communities are positioned at the intersection of housing and hospitality, creating vibrant communities for mature renters and older adults.
Real Estate · Real Estate Investment Trusts · 712 employees
SPG vs WELL FAQ
Which is bigger, Simon Property Group or Welltower?
Welltower (WELL) is larger, with a market capitalization of $159.48B compared with $74.81B for Simon Property Group (SPG).
Which stock has performed better over the past year, SPG or WELL?
WELL returned +27.82% 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, SPG or WELL?
SPG has the lower trailing P/E at 13.9, versus 99.2 for WELL. 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, Simon Property Group or Welltower?
Simon Property Group has the higher yield at 4.47%, compared with 1.39% for Welltower.
Are Simon Property Group and Welltower in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.