BRX vs. SPG: A Head-to-Head Stock Comparison

Updated on August 22, 2025

Here’s a clear look at BRX and SPG, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both BRX and SPG are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

Symbol	BRX	SPG
Company Name	Brixmor Property Group Inc.	Simon Property Group, Inc.
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Retail REITs	Retail REITs
Market Capitalization	8.27 billion USD	65.68 billion USD
Exchange	NYSE	NYSE
Listing Date	October 30, 2013	December 14, 1993
Security Type	REIT	REIT

Historical Performance

This chart compares the performance of BRX 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.

BRX vs. SPG: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	BRX	SPG
5-Day Price Return	0.45%	1.13%
13-Week Price Return	1.62%	5.86%
26-Week Price Return	-2.10%	-6.49%
52-Week Price Return	4.21%	8.91%
Month-to-Date Return	3.37%	6.31%
Year-to-Date Return	-2.98%	1.11%
10-Day Avg. Volume	1.88M	1.42M
3-Month Avg. Volume	2.31M	1.57M
3-Month Volatility	21.83%	18.68%
Beta	1.35	1.55

Profitability

Return on Equity (TTM)

BRX

11.39%

Retail REITs Industry

Max: 15.84%
Q3: 10.01%
Median: 5.58%
Q1: 2.80%
Min: -2.65%

In the upper quartile for the Retail REITs industry, BRX’s Return on Equity of 11.39% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

SPG

79.00%

Retail REITs Industry

Max: 15.84%
Q3: 10.01%
Median: 5.58%
Q1: 2.80%
Min: -2.65%

SPG’s Return on Equity of 79.00% is exceptionally high, placing it well beyond the typical range for the Retail REITs industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

BRX vs. SPG: A comparison of their Return on Equity (TTM) against the Retail REITs industry benchmark.

Net Profit Margin (TTM)

BRX

25.27%

Retail REITs Industry

Max: 72.99%
Q3: 48.25%
Median: 27.21%
Q1: 13.68%
Min: -25.48%

In the Retail REITs industry, Net Profit Margin is often not the primary profitability metric.

SPG

35.06%

Retail REITs Industry

Max: 72.99%
Q3: 48.25%
Median: 27.21%
Q1: 13.68%
Min: -25.48%

In the Retail REITs industry, Net Profit Margin is often not the primary profitability metric.

BRX vs. SPG: A comparison of their Net Profit Margin (TTM) against the Retail REITs industry benchmark.

Operating Profit Margin (TTM)

BRX

35.06%

Retail REITs Industry

Max: 102.11%
Q3: 53.88%
Median: 35.05%
Q1: 20.90%
Min: -8.87%

In the Retail REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

SPG

50.96%

Retail REITs Industry

Max: 102.11%
Q3: 53.88%
Median: 35.05%
Q1: 20.90%
Min: -8.87%

In the Retail REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

BRX vs. SPG: A comparison of their Operating Profit Margin (TTM) against the Retail REITs industry benchmark.

Profitability at a Glance

Symbol	BRX	SPG
Return on Equity (TTM)	11.39%	79.00%
Return on Assets (TTM)	3.85%	6.44%
Net Profit Margin (TTM)	25.27%	35.06%
Operating Profit Margin (TTM)	35.06%	50.96%
Gross Profit Margin (TTM)	74.90%	82.17%

Financial Strength

Current Ratio (MRQ)

BRX

0.44

Retail REITs Industry

Max: 1.54
Q3: 0.87
Median: 0.60
Q1: 0.39
Min: 0.04

BRX’s Current Ratio of 0.44 aligns with the median group of the Retail REITs industry, indicating that its short-term liquidity is in line with its sector peers.

SPG

0.52

Retail REITs Industry

Max: 1.54
Q3: 0.87
Median: 0.60
Q1: 0.39
Min: 0.04

SPG’s Current Ratio of 0.52 aligns with the median group of the Retail REITs industry, indicating that its short-term liquidity is in line with its sector peers.

BRX vs. SPG: A comparison of their Current Ratio (MRQ) against the Retail REITs industry benchmark.

Debt-to-Equity Ratio (MRQ)

BRX

1.73

Retail REITs Industry

Max: 1.96
Q3: 1.36
Median: 0.93
Q1: 0.64
Min: 0.28

BRX’s leverage is in the upper quartile of the Retail REITs industry, with a Debt-to-Equity Ratio of 1.73. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

SPG

10.36

Retail REITs Industry

Max: 1.96
Q3: 1.36
Median: 0.93
Q1: 0.64
Min: 0.28

With a Debt-to-Equity Ratio of 10.36, SPG operates with exceptionally high leverage compared to the Retail REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

BRX vs. SPG: A comparison of their Debt-to-Equity Ratio (MRQ) against the Retail REITs industry benchmark.

Interest Coverage Ratio (TTM)

BRX

2.74

Retail REITs Industry

Max: 4.31
Q3: 3.35
Median: 2.33
Q1: 1.37
Min: 0.52

BRX’s Interest Coverage Ratio of 2.74 is positioned comfortably within the norm for the Retail REITs industry, indicating a standard and healthy capacity to cover its interest payments.

SPG

11.31

Retail REITs Industry

Max: 4.31
Q3: 3.35
Median: 2.33
Q1: 1.37
Min: 0.52

With an Interest Coverage Ratio of 11.31, SPG demonstrates a superior capacity to service its debt, placing it well above the typical range for the Retail REITs industry. This stems from either robust earnings or a conservative debt load.

BRX vs. SPG: A comparison of their Interest Coverage Ratio (TTM) against the Retail REITs industry benchmark.

Financial Strength at a Glance

Symbol	BRX	SPG
Current Ratio (MRQ)	0.44	0.52
Quick Ratio (MRQ)	0.43	0.52
Debt-to-Equity Ratio (MRQ)	1.73	10.36
Interest Coverage Ratio (TTM)	2.74	11.31

Growth

Revenue Growth

BRX vs. SPG: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BRX vs. SPG: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BRX

4.14%

Retail REITs Industry

Max: 6.40%
Q3: 4.96%
Median: 4.61%
Q1: 3.75%
Min: 2.91%

BRX’s Dividend Yield of 4.14% is consistent with its peers in the Retail REITs industry, providing a dividend return that is standard for its sector.

SPG

4.78%

Retail REITs Industry

Max: 6.40%
Q3: 4.96%
Median: 4.61%
Q1: 3.75%
Min: 2.91%

SPG’s Dividend Yield of 4.78% is consistent with its peers in the Retail REITs industry, providing a dividend return that is standard for its sector.

BRX vs. SPG: A comparison of their Dividend Yield (TTM) against the Retail REITs industry benchmark.

Dividend Payout Ratio (TTM)

BRX

102.26%

Retail REITs Industry

Max: 233.72%
Q3: 148.83%
Median: 90.03%
Q1: 67.83%
Min: 12.86%

BRX’s Dividend Payout Ratio of 102.26% is within the typical range for the Retail REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

SPG

129.03%

Retail REITs Industry

Max: 233.72%
Q3: 148.83%
Median: 90.03%
Q1: 67.83%
Min: 12.86%

SPG’s Dividend Payout Ratio of 129.03% is within the typical range for the Retail REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

BRX vs. SPG: A comparison of their Dividend Payout Ratio (TTM) against the Retail REITs industry benchmark.

Dividend at a Glance

Symbol	BRX	SPG
Dividend Yield (TTM)	4.14%	4.78%
Dividend Payout Ratio (TTM)	102.26%	129.03%

Valuation

Price-to-Earnings Ratio (TTM)

BRX

24.67

Retail REITs Industry

Max: 69.12
Q3: 38.21
Median: 21.85
Q1: 15.96
Min: 6.82

The P/E Ratio is often not the primary metric for valuation in the Retail REITs industry.

SPG

26.99

Retail REITs Industry

Max: 69.12
Q3: 38.21
Median: 21.85
Q1: 15.96
Min: 6.82

The P/E Ratio is often not the primary metric for valuation in the Retail REITs industry.

BRX vs. SPG: A comparison of their Price-to-Earnings Ratio (TTM) against the Retail REITs industry benchmark.

Price-to-Sales Ratio (TTM)

BRX

6.23

Retail REITs Industry

Max: 13.84
Q3: 9.05
Median: 7.00
Q1: 5.56
Min: 2.93

BRX’s P/S Ratio of 6.23 aligns with the market consensus for the Retail REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

SPG

9.46

Retail REITs Industry

Max: 13.84
Q3: 9.05
Median: 7.00
Q1: 5.56
Min: 2.93

SPG’s P/S Ratio of 9.46 is in the upper echelon for the Retail REITs 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.

BRX vs. SPG: A comparison of their Price-to-Sales Ratio (TTM) against the Retail REITs industry benchmark.

Price-to-Book Ratio (MRQ)

BRX

2.70

Retail REITs Industry

Max: 2.75
Q3: 1.73
Median: 1.08
Q1: 0.87
Min: 0.48

BRX’s P/B Ratio of 2.70 is in the upper tier for the Retail REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

SPG

21.41

Retail REITs Industry

Max: 2.75
Q3: 1.73
Median: 1.08
Q1: 0.87
Min: 0.48

At 21.41, SPG’s P/B Ratio is at an extreme premium to the Retail REITs 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.

BRX vs. SPG: A comparison of their Price-to-Book Ratio (MRQ) against the Retail REITs industry benchmark.

Valuation at a Glance

Symbol	BRX	SPG
Price-to-Earnings Ratio (TTM)	24.67	26.99
Price-to-Sales Ratio (TTM)	6.23	9.46
Price-to-Book Ratio (MRQ)	2.70	21.41
Price-to-Free Cash Flow Ratio (TTM)	67.53	18.17