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

Updated on August 26, 2025

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

Company Profile

Both SPG and VTR 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	SPG	VTR
Company Name	Simon Property Group, Inc.	Ventas, Inc.
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Retail REITs	Health Care REITs
Market Capitalization	66.54 billion USD	30.78 billion USD
Exchange	NYSE	NYSE
Listing Date	December 14, 1993	May 5, 1997
Security Type	REIT	REIT

Historical Performance

This chart compares the performance of SPG and VTR 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.

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

Historical Performance at a Glance

Symbol	SPG	VTR
5-Day Price Return	0.87%	-0.35%
13-Week Price Return	11.69%	6.39%
26-Week Price Return	-5.12%	1.14%
52-Week Price Return	8.75%	14.31%
Month-to-Date Return	7.71%	0.80%
Year-to-Date Return	2.44%	14.99%
10-Day Avg. Volume	1.40M	2.50M
3-Month Avg. Volume	1.56M	3.00M
3-Month Volatility	17.83%	14.36%
Beta	1.55	0.92

Profitability

Return on Equity (TTM)

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.

VTR

1.71%

Health Care REITs Industry

Max: 10.72%
Q3: 6.35%
Median: 5.14%
Q1: 1.99%
Min: 1.33%

VTR’s Return on Equity of 1.71% is in the lower quartile for the Health Care REITs industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

SPG vs. VTR: A comparison of their Return on Equity (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Net Profit Margin (TTM)

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.

VTR

3.61%

Health Care REITs Industry

Max: 65.42%
Q3: 41.17%
Median: 26.13%
Q1: 5.90%
Min: -44.62%

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

SPG vs. VTR: A comparison of their Net Profit Margin (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Operating Profit Margin (TTM)

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.

VTR

14.06%

Health Care REITs Industry

Max: 86.51%
Q3: 46.69%
Median: 36.79%
Q1: 14.52%
Min: -33.46%

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

SPG vs. VTR: A comparison of their Operating Profit Margin (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Profitability at a Glance

Symbol	SPG	VTR
Return on Equity (TTM)	79.00%	1.71%
Return on Assets (TTM)	6.44%	0.74%
Net Profit Margin (TTM)	35.06%	3.61%
Operating Profit Margin (TTM)	50.96%	14.06%
Gross Profit Margin (TTM)	82.17%	42.13%

Financial Strength

Current Ratio (MRQ)

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.

VTR

0.34

Health Care REITs Industry

Max: 3.23
Q3: 1.92
Median: 1.21
Q1: 0.19
Min: 0.07

VTR’s Current Ratio of 0.34 aligns with the median group of the Health Care REITs industry, indicating that its short-term liquidity is in line with its sector peers.

SPG vs. VTR: A comparison of their Current Ratio (MRQ) against their respective Retail REITs and Health Care REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

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.

VTR

1.10

Health Care REITs Industry

Max: 1.14
Q3: 1.00
Median: 0.89
Q1: 0.65
Min: 0.28

VTR’s leverage is in the upper quartile of the Health Care REITs industry, with a Debt-to-Equity Ratio of 1.10. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

SPG vs. VTR: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Retail REITs and Health Care REITs industry benchmarks.

Interest Coverage Ratio (TTM)

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.

VTR

1.08

Health Care REITs Industry

Max: 5.10
Q3: 3.14
Median: 1.96
Q1: 1.08
Min: -1.73

VTR’s Interest Coverage Ratio of 1.08 is positioned comfortably within the norm for the Health Care REITs industry, indicating a standard and healthy capacity to cover its interest payments.

SPG vs. VTR: A comparison of their Interest Coverage Ratio (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Financial Strength at a Glance

Symbol	SPG	VTR
Current Ratio (MRQ)	0.52	0.34
Quick Ratio (MRQ)	0.52	0.34
Debt-to-Equity Ratio (MRQ)	10.36	1.10
Interest Coverage Ratio (TTM)	11.31	1.08

Growth

Revenue Growth

SPG vs. VTR: 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

SPG vs. VTR: 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)

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.

VTR

2.50%

Health Care REITs Industry

Max: 8.28%
Q3: 6.85%
Median: 5.55%
Q1: 4.58%
Min: 1.56%

VTR’s Dividend Yield of 2.50% is in the lower quartile for the Health Care REITs industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

SPG vs. VTR: A comparison of their Dividend Yield (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Dividend Payout Ratio (TTM)

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.

VTR

413.76%

Health Care REITs Industry

Max: 234.45%
Q3: 210.75%
Median: 158.46%
Q1: 117.20%
Min: 0.00%

At 413.76%, VTR’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Health Care REITs industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

SPG vs. VTR: A comparison of their Dividend Payout Ratio (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Dividend at a Glance

Symbol	SPG	VTR
Dividend Yield (TTM)	4.78%	2.50%
Dividend Payout Ratio (TTM)	129.03%	413.76%

Valuation

Price-to-Earnings Ratio (TTM)

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.

VTR

165.62

Health Care REITs Industry

Max: 96.07
Q3: 55.85
Median: 27.80
Q1: 24.06
Min: 14.42

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

SPG vs. VTR: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

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.

VTR

5.97

Health Care REITs Industry

Max: 18.19
Q3: 10.43
Median: 6.09
Q1: 4.41
Min: 2.67

VTR’s P/S Ratio of 5.97 aligns with the market consensus for the Health Care REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

SPG vs. VTR: A comparison of their Price-to-Sales Ratio (TTM) against their respective Retail REITs and Health Care REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

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.

VTR

2.40

Health Care REITs Industry

Max: 2.80
Q3: 2.26
Median: 1.54
Q1: 0.86
Min: 0.76

VTR’s P/B Ratio of 2.40 is in the upper tier for the Health Care 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 vs. VTR: A comparison of their Price-to-Book Ratio (MRQ) against their respective Retail REITs and Health Care REITs industry benchmarks.

Valuation at a Glance

Symbol	SPG	VTR
Price-to-Earnings Ratio (TTM)	26.99	165.62
Price-to-Sales Ratio (TTM)	9.46	5.97
Price-to-Book Ratio (MRQ)	21.41	2.40
Price-to-Free Cash Flow Ratio (TTM)	18.17	33.43