Digital Realty Trust (DLR) vs. Simon Property Group (SPG)
This page compares Digital Realty Trust (DLR) with Simon Property Group (SPG) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
Digital Realty Trust (DLR) and Simon Property Group (SPG) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but DLR is classified in Specialized REITs while SPG is classified in Retail REITs.
Both Digital Realty Trust (DLR, REIT) and Simon Property Group (SPG, REIT) are distribution-oriented income vehicles — payout ratios and P/E should be read alongside FFO, distributable cash flow, or issuer-specific cash-flow measures.
| Symbol | DLR | SPG |
|---|---|---|
| Company Name | Digital Realty Trust, Inc. | Simon Property Group, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Real Estate | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Specialized REITs | Retail REITs |
| GICS Sub-Industry | Data Center REITs | Retail REITs |
| Market Capitalization | 69.49 billion USD | 77.86 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 29, 2004 | December 14, 1993 |
| Security Type | REIT | REIT |
Historical Performance
Historical Performance at a Glance
| Symbol | DLR | SPG |
|---|---|---|
| 5-Day Price Return | 3.06% | 2.44% |
| 13-Week Price Return | 9.82% | 2.59% |
| 26-Week Price Return | 22.87% | 11.60% |
| 52-Week Price Return | 16.13% | 29.59% |
| Month-to-Date Return | -3.32% | 0.58% |
| Year-to-Date Return | 25.57% | 10.69% |
| 10-Day Avg. Volume | 1.85M | 1.54M |
| 3-Month Avg. Volume | 2.04M | 1.60M |
| 3-Month Volatility | 21.51% | 20.64% |
| Beta | 1.08 | 1.37 |
Profitability
Return on Equity (TTM)
Simon Property Group (SPG) posts Return on Equity (TTM) of 126.27%, above its industry benchmark range, while Digital Realty Trust (DLR) at 5.98% sits closer to the industry mid-range.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
5.98%
- Max
- 22.01%
- Q3
- 11.68%
- Median
- 6.89%
- Q1
- 3.22%
- Min
- -9.32%
SPG
Equity Real Estate Investment Trusts (REITs) industry group
126.27%
- Max
- 22.01%
- Q3
- 11.68%
- Median
- 6.89%
- Q1
- 3.22%
- Min
- -9.32%
Net Profit Margin (TTM)
Net Profit Margin (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Simon Property Group (SPG) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
21.73%
- Max
- 70.59%
- Q3
- 34.78%
- Median
- 23.30%
- Q1
- 9.09%
- Min
- -22.16%
SPG
Equity Real Estate Investment Trusts (REITs) industry group
70.59%
- Max
- 70.59%
- Q3
- 34.78%
- Median
- 23.30%
- Q1
- 9.09%
- Min
- -22.16%
Operating Profit Margin (TTM)
Operating Profit Margin (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Simon Property Group (SPG) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
11.44%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
SPG
Equity Real Estate Investment Trusts (REITs) industry group
48.28%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
Profitability at a Glance
| Symbol | DLR | SPG |
|---|---|---|
| Return on Equity (TTM) | 5.98% | 126.27% |
| Return on Assets (TTM) | 2.82% | 12.76% |
| Net Profit Margin (TTM) | 21.73% | 70.59% |
| Operating Profit Margin (TTM) | 11.44% | 48.28% |
| Gross Profit Margin (TTM) | 58.08% | 81.58% |
Financial Strength
Current Ratio (MRQ)
Digital Realty Trust (DLR) at 1.05 keeps Current Ratio (MRQ) within its industry mid-range, while Simon Property Group (SPG) at 0.34 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for SPG.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
1.05
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
SPG
Equity Real Estate Investment Trusts (REITs) industry group
0.34
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
Debt-to-Equity Ratio (MRQ)
Digital Realty Trust (DLR) at 0.77 is around its industry mid-range for Debt-to-Equity Ratio (MRQ), while Simon Property Group (SPG) at 5.81 sits above its industry benchmark range, pointing to a heavier debt load relative to equity.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
0.77
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
SPG
Equity Real Estate Investment Trusts (REITs) industry group
5.81
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
Interest Coverage Ratio (TTM)
Simon Property Group (SPG) leads with Interest Coverage Ratio (TTM) of 9.09, above its industry benchmark range, while Digital Realty Trust (DLR) at 3.86 also ranks strongly in the top quartile.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
3.86
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
SPG
Equity Real Estate Investment Trusts (REITs) industry group
9.09
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
Financial Strength at a Glance
| Symbol | DLR | SPG |
|---|---|---|
| Current Ratio (MRQ) | 1.05 | 0.34 |
| Quick Ratio (MRQ) | 1.05 | 0.34 |
| Debt-to-Equity Ratio (MRQ) | 0.77 | 5.81 |
| Interest Coverage Ratio (TTM) | 3.86 | 9.09 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | DLR | SPG |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 16.16% | 19.29% |
| Revenue Growth (TTM vs Prior YoY) | 12.59% | 10.92% |
| 3-Year Revenue CAGR | 9.22% | 6.35% |
| 5-Year Revenue CAGR | 9.38% | 6.67% |
EPS Growth
EPS Growth at a Glance
| Symbol | DLR | SPG |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 59.09% | 16.36% |
| EPS Growth (TTM vs Prior YoY) | 211.72% | 85.12% |
| 3-Year EPS CAGR | 43.71% | 29.52% |
| 5-Year EPS CAGR | 22.61% | 31.52% |
Dividend
Dividend Yield (TTM)
Simon Property Group (SPG) at 4.23% reports Dividend Yield (TTM) around its industry mid-range, while Digital Realty Trust (DLR) at 2.61% drops into the bottom quartile.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
2.61%
- Max
- 8.57%
- Q3
- 5.38%
- Median
- 4.20%
- Q1
- 3.23%
- Min
- 0.06%
SPG
Equity Real Estate Investment Trusts (REITs) industry group
4.23%
- Max
- 8.57%
- Q3
- 5.38%
- Median
- 4.20%
- Q1
- 3.23%
- Min
- 0.06%
Dividend Payout Ratio (TTM)
Dividend Payout Ratio (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Simon Property Group (SPG) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
127.09%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
SPG
Equity Real Estate Investment Trusts (REITs) industry group
60.16%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
Dividend at a Glance
| Symbol | DLR | SPG |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 4.23% |
| Dividend Payout Ratio (TTM) | 127.09% | 60.16% |
Valuation
Price-to-Earnings Ratio (TTM)
Price-to-Earnings Ratio (TTM) isn’t a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Simon Property Group (SPG) in Equity Real Estate Investment Trusts (REITs) under our convention.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
48.73
- Max
- 62.52
- Q3
- 38.29
- Median
- 28.27
- Q1
- 21.86
- Min
- 1.10
SPG
Equity Real Estate Investment Trusts (REITs) industry group
14.21
- Max
- 62.52
- Q3
- 38.29
- Median
- 28.27
- Q1
- 21.86
- Min
- 1.10
Price-to-Sales Ratio (TTM)
Both Digital Realty Trust (DLR) at 10.59 and Simon Property Group (SPG) at 10.03 trade in the higher-multiple quartile for Price-to-Sales Ratio (TTM) among industry peers, indicating higher trailing revenue multiples than typical peers.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
10.59
- Max
- 15.33
- Q3
- 9.12
- Median
- 6.96
- Q1
- 3.47
- Min
- 0.75
SPG
Equity Real Estate Investment Trusts (REITs) industry group
10.03
- Max
- 15.33
- Q3
- 9.12
- Median
- 6.96
- Q1
- 3.47
- Min
- 0.75
Price-to-Book Ratio (MRQ)
Digital Realty Trust (DLR) at 2.69 hovers around the typical industry Price-to-Book Ratio (MRQ), while Simon Property Group (SPG) at 12.47 sits above its industry benchmark range — an elevated book-value multiple for SPG relative to peers.
DLR
Equity Real Estate Investment Trusts (REITs) industry group
2.69
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
SPG
Equity Real Estate Investment Trusts (REITs) industry group
12.47
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
Valuation at a Glance
| Symbol | DLR | SPG |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 48.73 | 14.21 |
| Price-to-Sales Ratio (TTM) | 10.59 | 10.03 |
| Price-to-Book Ratio (MRQ) | 2.69 | 12.47 |
| Price-to-Free Cash Flow Ratio (TTM) | 1,971.19 | 20.65 |