O vs. SPG: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at O and SPG, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
Both O 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 | O | SPG |
|---|---|---|
| Company Name | Realty Income Corporation | Simon Property Group, Inc. |
| Country | United States | United States |
| GICS Sector | Real Estate | Real Estate |
| GICS Industry | Retail REITs | Retail REITs |
| Market Capitalization | 55.28 billion USD | 69.93 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 18, 1994 | December 14, 1993 |
| Security Type | REIT | REIT |
Historical Performance
This chart compares the performance of O 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.
Historical Performance at a Glance
| Symbol | O | SPG |
|---|---|---|
| 5-Day Price Return | 1.35% | 1.73% |
| 13-Week Price Return | 5.52% | 13.08% |
| 26-Week Price Return | 7.48% | 12.00% |
| 52-Week Price Return | -3.09% | 9.90% |
| Month-to-Date Return | 3.45% | -1.02% |
| Year-to-Date Return | 13.82% | 7.87% |
| 10-Day Avg. Volume | 6.36M | 2.09M |
| 3-Month Avg. Volume | 5.44M | 1.63M |
| 3-Month Volatility | 16.05% | 18.00% |
| Beta | 0.78 | 1.43 |
Profitability
Return on Equity (TTM)
O
2.36%
Retail REITs Industry
- Max
- 16.17%
- Q3
- 9.03%
- Median
- 6.12%
- Q1
- 3.81%
- Min
- -3.17%
O’s Return on Equity of 2.36% is in the lower quartile for the Retail REITs industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
SPG
79.00%
Retail REITs Industry
- Max
- 16.17%
- Q3
- 9.03%
- Median
- 6.12%
- Q1
- 3.81%
- Min
- -3.17%
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.
Net Profit Margin (TTM)
O
16.77%
Retail REITs Industry
- Max
- 75.53%
- Q3
- 49.82%
- Median
- 28.35%
- Q1
- 20.68%
- Min
- -8.79%
In the Retail REITs industry, Net Profit Margin is often not the primary profitability metric.
SPG
35.06%
Retail REITs Industry
- Max
- 75.53%
- Q3
- 49.82%
- Median
- 28.35%
- Q1
- 20.68%
- Min
- -8.79%
In the Retail REITs industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin (TTM)
O
15.23%
Retail REITs Industry
- Max
- 102.11%
- Q3
- 58.14%
- Median
- 38.63%
- Q1
- 25.00%
- 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
- 58.14%
- Median
- 38.63%
- Q1
- 25.00%
- Min
- -8.87%
In the Retail REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | O | SPG |
|---|---|---|
| Return on Equity (TTM) | 2.36% | 79.00% |
| Return on Assets (TTM) | 1.32% | 6.44% |
| Net Profit Margin (TTM) | 16.77% | 35.06% |
| Operating Profit Margin (TTM) | 15.23% | 50.96% |
| Gross Profit Margin (TTM) | 92.63% | 82.17% |
Financial Strength
Current Ratio (MRQ)
O
1.47
Retail REITs Industry
- Max
- 1.74
- Q3
- 0.97
- Median
- 0.55
- Q1
- 0.32
- Min
- 0.07
O’s Current Ratio of 1.47 is in the upper quartile for the Retail REITs industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
SPG
0.52
Retail REITs Industry
- Max
- 1.74
- Q3
- 0.97
- Median
- 0.55
- Q1
- 0.32
- Min
- 0.07
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.
Debt-to-Equity Ratio (MRQ)
O
0.72
Retail REITs Industry
- Max
- 2.06
- Q3
- 1.27
- Median
- 0.92
- Q1
- 0.68
- Min
- 0.34
O’s Debt-to-Equity Ratio of 0.72 is typical for the Retail REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
SPG
10.36
Retail REITs Industry
- Max
- 2.06
- Q3
- 1.27
- Median
- 0.92
- Q1
- 0.68
- Min
- 0.34
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.
Interest Coverage Ratio (TTM)
O
2.15
Retail REITs Industry
- Max
- 4.31
- Q3
- 3.30
- Median
- 2.15
- Q1
- 1.29
- Min
- -0.08
O’s Interest Coverage Ratio of 2.15 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
- 3.30
- Median
- 2.15
- Q1
- 1.29
- Min
- -0.08
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.
Financial Strength at a Glance
| Symbol | O | SPG |
|---|---|---|
| Current Ratio (MRQ) | 1.47 | 0.52 |
| Quick Ratio (MRQ) | 1.47 | 0.52 |
| Debt-to-Equity Ratio (MRQ) | 0.72 | 10.36 |
| Interest Coverage Ratio (TTM) | 2.15 | 11.31 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
O
5.08%
Retail REITs Industry
- Max
- 6.92%
- Q3
- 5.10%
- Median
- 4.50%
- Q1
- 3.89%
- Min
- 2.37%
O’s Dividend Yield of 5.08% is consistent with its peers in the Retail REITs industry, providing a dividend return that is standard for its sector.
SPG
4.46%
Retail REITs Industry
- Max
- 6.92%
- Q3
- 5.10%
- Median
- 4.50%
- Q1
- 3.89%
- Min
- 2.37%
SPG’s Dividend Yield of 4.46% is consistent with its peers in the Retail REITs industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
O
308.01%
Retail REITs Industry
- Max
- 195.40%
- Q3
- 125.60%
- Median
- 85.02%
- Q1
- 51.07%
- Min
- 12.86%
At 308.01%, O’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Retail REITs industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.
SPG
129.03%
Retail REITs Industry
- Max
- 195.40%
- Q3
- 125.60%
- Median
- 85.02%
- Q1
- 51.07%
- Min
- 12.86%
SPG’s Dividend Payout Ratio of 129.03% is in the upper quartile for the Retail REITs industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | O | SPG |
|---|---|---|
| Dividend Yield (TTM) | 5.08% | 4.46% |
| Dividend Payout Ratio (TTM) | 308.01% | 129.03% |
Valuation
Price-to-Earnings Ratio (TTM)
O
60.69
Retail REITs Industry
- Max
- 42.04
- Q3
- 28.02
- Median
- 21.98
- Q1
- 15.79
- Min
- 6.89
The P/E Ratio is often not the primary metric for valuation in the Retail REITs industry.
SPG
28.96
Retail REITs Industry
- Max
- 42.04
- Q3
- 28.02
- Median
- 21.98
- Q1
- 15.79
- Min
- 6.89
The P/E Ratio is often not the primary metric for valuation in the Retail REITs industry.
Price-to-Sales Ratio (TTM)
O
10.18
Retail REITs Industry
- Max
- 13.05
- Q3
- 9.54
- Median
- 6.95
- Q1
- 5.59
- Min
- 3.06
O’s P/S Ratio of 10.18 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.
SPG
10.15
Retail REITs Industry
- Max
- 13.05
- Q3
- 9.54
- Median
- 6.95
- Q1
- 5.59
- Min
- 3.06
SPG’s P/S Ratio of 10.15 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.
Price-to-Book Ratio (MRQ)
O
1.33
Retail REITs Industry
- Max
- 2.70
- Q3
- 1.64
- Median
- 1.05
- Q1
- 0.91
- Min
- 0.58
O’s P/B Ratio of 1.33 is within the conventional range for the Retail REITs 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
21.41
Retail REITs Industry
- Max
- 2.70
- Q3
- 1.64
- Median
- 1.05
- Q1
- 0.91
- Min
- 0.58
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.
Valuation at a Glance
| Symbol | O | SPG |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 60.69 | 28.96 |
| Price-to-Sales Ratio (TTM) | 10.18 | 10.15 |
| Price-to-Book Ratio (MRQ) | 1.33 | 21.41 |
| Price-to-Free Cash Flow Ratio (TTM) | 597.48 | 19.50 |