AMH vs. SPG: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AMH and SPG, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
SPG’s market capitalization of 54.43 billion USD is significantly greater than AMH’s 13.16 billion USD, highlighting its more substantial market valuation.
SPG carries a higher beta at 1.49, indicating it’s more sensitive to market moves, while AMH (beta: 0.77) exhibits greater stability.
| Symbol | AMH | SPG |
|---|---|---|
| Company Name | American Homes 4 Rent | Simon Property Group, Inc. |
| Country | US | US |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Residential | REIT - Retail |
| CEO | Bryan Smith | David E. Simon |
| Price | 35.6 USD | 166.74 USD |
| Market Cap | 13.16 billion USD | 54.43 billion USD |
| Beta | 0.77 | 1.49 |
| Exchange | NYSE | NYSE |
| IPO Date | August 1, 2013 | December 14, 1993 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AMH and SPG by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AMH
5.78%
REIT - Residential Industry
- Max
- 23.34%
- Q3
- 9.08%
- Median
- 3.28%
- Q1
- -1.03%
- Min
- -7.42%
Return on Equity is often not a primary performance indicator in the REIT - Residential industry.
SPG
73.28%
REIT - Retail Industry
- Max
- 21.92%
- Q3
- 12.41%
- Median
- 7.21%
- Q1
- 1.78%
- Min
- -4.50%
Return on Equity is often not a primary performance indicator in the REIT - Retail industry.
Return on Invested Capital
AMH
4.43%
REIT - Residential Industry
- Max
- 5.46%
- Q3
- 5.07%
- Median
- 3.70%
- Q1
- 2.44%
- Min
- -1.04%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Residential industry.
SPG
10.68%
REIT - Retail Industry
- Max
- 10.68%
- Q3
- 6.77%
- Median
- 5.71%
- Q1
- 3.03%
- Min
- 1.32%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Retail industry.
Net Profit Margin
AMH
23.15%
REIT - Residential Industry
- Max
- 38.86%
- Q3
- 24.60%
- Median
- 7.62%
- Q1
- -2.65%
- Min
- -12.57%
In the REIT - Residential industry, Net Profit Margin is often not the primary profitability metric.
SPG
34.25%
REIT - Retail Industry
- Max
- 45.09%
- Q3
- 28.32%
- Median
- 18.15%
- Q1
- 10.14%
- Min
- -12.26%
In the REIT - Retail industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin
AMH
24.05%
REIT - Residential Industry
- Max
- 45.77%
- Q3
- 30.12%
- Median
- 19.58%
- Q1
- 17.52%
- Min
- 8.22%
In the REIT - Residential industry, Operating Profit Margin is often not the primary measure of operational efficiency.
SPG
51.47%
REIT - Retail Industry
- Max
- 65.94%
- Q3
- 46.00%
- Median
- 35.03%
- Q1
- 24.10%
- Min
- 5.51%
In the REIT - Retail industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | AMH | SPG |
|---|---|---|
| Return on Equity (TTM) | 5.78% | 73.28% |
| Return on Assets (TTM) | 3.08% | 6.32% |
| Return on Invested Capital (TTM) | 4.43% | 10.68% |
| Net Profit Margin (TTM) | 23.15% | 34.25% |
| Operating Profit Margin (TTM) | 24.05% | 51.47% |
| Gross Profit Margin (TTM) | 56.17% | 82.78% |
Financial Strength
Current Ratio
AMH
0.07
REIT - Residential Industry
- Max
- 2.65
- Q3
- 2.05
- Median
- 0.62
- Q1
- 0.13
- Min
- 0.05
For the REIT - Residential industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
SPG
0.67
REIT - Retail Industry
- Max
- 3.39
- Q3
- 1.98
- Median
- 0.71
- Q1
- 0.45
- Min
- 0.13
For the REIT - Retail industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
Debt-to-Equity Ratio
AMH
0.69
REIT - Residential Industry
- Max
- 1.76
- Q3
- 1.60
- Median
- 1.15
- Q1
- 0.71
- Min
- 0.06
Falling into the lower quartile for the REIT - Residential industry, AMH’s Debt-to-Equity Ratio of 0.69 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
SPG
9.70
REIT - Retail Industry
- Max
- 1.99
- Q3
- 1.99
- Median
- 1.03
- Q1
- 0.77
- Min
- 0.07
With a Debt-to-Equity Ratio of 9.70, SPG operates with exceptionally high leverage compared to the REIT - Retail industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio
AMH
2.47
REIT - Residential Industry
- Max
- 4.02
- Q3
- 3.42
- Median
- 2.09
- Q1
- 0.77
- Min
- -0.24
AMH’s Interest Coverage Ratio of 2.47 is positioned comfortably within the norm for the REIT - Residential industry, indicating a standard and healthy capacity to cover its interest payments.
SPG
3.42
REIT - Retail Industry
- Max
- 4.88
- Q3
- 2.85
- Median
- 2.16
- Q1
- 1.45
- Min
- 0.24
SPG’s Interest Coverage Ratio of 3.42 is in the upper quartile for the REIT - Retail industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | AMH | SPG |
|---|---|---|
| Current Ratio (TTM) | 0.07 | 0.67 |
| Quick Ratio (TTM) | 0.07 | 0.67 |
| Debt-to-Equity Ratio (TTM) | 0.69 | 9.70 |
| Debt-to-Asset Ratio (TTM) | 0.37 | 0.78 |
| Net Debt-to-EBITDA Ratio (TTM) | 5.59 | 5.16 |
| Interest Coverage Ratio (TTM) | 2.47 | 3.42 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AMH and SPG. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AMH
3.15%
REIT - Residential Industry
- Max
- 6.90%
- Q3
- 5.06%
- Median
- 3.70%
- Q1
- 3.35%
- Min
- 1.32%
AMH’s Dividend Yield of 3.15% is in the lower quartile for the REIT - Residential industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
SPG
5.01%
REIT - Retail Industry
- Max
- 10.82%
- Q3
- 5.31%
- Median
- 4.63%
- Q1
- 4.01%
- Min
- 0.00%
SPG’s Dividend Yield of 5.01% is consistent with its peers in the REIT - Retail industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
AMH
72.77%
REIT - Residential Industry
- Max
- 647.59%
- Q3
- 358.74%
- Median
- 123.11%
- Q1
- 73.29%
- Min
- 0.00%
AMH’s Dividend Payout Ratio of 72.77% is in the lower quartile for the REIT - Residential industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
SPG
151.35%
REIT - Retail Industry
- Max
- 423.00%
- Q3
- 209.73%
- Median
- 147.41%
- Q1
- 110.19%
- Min
- 11.52%
SPG’s Dividend Payout Ratio of 151.35% is above 100%. This means the company is paying out more in dividends than it earned, a practice that is often unsustainable and could indicate a risk to future dividend stability.
Dividend at a Glance
| Symbol | AMH | SPG |
|---|---|---|
| Dividend Yield (TTM) | 3.15% | 5.01% |
| Dividend Payout Ratio (TTM) | 72.77% | 151.35% |
Valuation
Price-to-Earnings Ratio
AMH
32.19
REIT - Residential Industry
- Max
- 209.03
- Q3
- 105.65
- Median
- 37.25
- Q1
- 29.74
- Min
- 25.36
The P/E Ratio is often not the primary metric for valuation in the REIT - Residential industry.
SPG
26.50
REIT - Retail Industry
- Max
- 61.28
- Q3
- 51.98
- Median
- 26.77
- Q1
- 22.01
- Min
- 1.22
The P/E Ratio is often not the primary metric for valuation in the REIT - Retail industry.
Forward P/E to Growth Ratio
AMH
-0.32
REIT - Residential Industry
- Max
- 8.96
- Q3
- 6.40
- Median
- 3.83
- Q1
- 0.72
- Min
- 0.26
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Residential industry.
SPG
11.95
REIT - Retail Industry
- Max
- 28.54
- Q3
- 16.17
- Median
- 7.98
- Q1
- 4.29
- Min
- 0.21
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Retail industry.
Price-to-Sales Ratio
AMH
7.43
REIT - Residential Industry
- Max
- 10.14
- Q3
- 8.03
- Median
- 7.51
- Q1
- 5.76
- Min
- 3.29
AMH’s P/S Ratio of 7.43 aligns with the market consensus for the REIT - Residential industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
SPG
9.08
REIT - Retail Industry
- Max
- 12.50
- Q3
- 8.72
- Median
- 6.69
- Q1
- 5.52
- Min
- 1.52
SPG’s P/S Ratio of 9.08 is in the upper echelon for the REIT - Retail industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
AMH
1.84
REIT - Residential Industry
- Max
- 4.04
- Q3
- 3.00
- Median
- 2.31
- Q1
- 1.78
- Min
- 0.81
AMH’s P/B Ratio of 1.84 is within the conventional range for the REIT - Residential industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
SPG
20.88
REIT - Retail Industry
- Max
- 2.71
- Q3
- 2.52
- Median
- 1.58
- Q1
- 1.33
- Min
- 0.99
At 20.88, SPG’s P/B Ratio is at an extreme premium to the REIT - Retail industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | AMH | SPG |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 32.19 | 26.50 |
| Forward PEG Ratio (TTM) | -0.32 | 11.95 |
| Price-to-Sales Ratio (P/S, TTM) | 7.43 | 9.08 |
| Price-to-Book Ratio (P/B, TTM) | 1.84 | 20.88 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 18.68 | 17.87 |
| EV-to-EBITDA (TTM) | 20.69 | 16.93 |
| EV-to-Sales (TTM) | 10.19 | 13.07 |