SPG vs. WELL: A Head-to-Head Stock Comparison
Here's a clear look at SPG and WELL, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | SPG | WELL |
|---|---|---|
| Company Name | Simon Property Group, Inc. | Welltower Inc. |
| Country | 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 | Retail REITs | Health Care REITs |
| GICS Sub-Industry | Retail REITs | Health Care REITs |
| Market Capitalization | 58.55 billion USD | 136.60 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 14, 1993 | March 19, 1980 |
| Security Type | REIT | REIT |
Both SPG and WELL 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.
WELL's market capitalization (136.60 billion USD) is significantly greater than SPG's (58.55 billion USD), highlighting its more substantial market valuation.
Historical Performance
This chart compares the performance of SPG and WELL 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 | SPG | WELL |
|---|---|---|
| 5-Day Price Return | -0.72% | 0.39% |
| 13-Week Price Return | -3.95% | 4.77% |
| 26-Week Price Return | -0.52% | 16.93% |
| 52-Week Price Return | 8.65% | 30.58% |
| Month-to-Date Return | -11.61% | -5.48% |
| Year-to-Date Return | -2.66% | 5.47% |
| 10-Day Avg. Volume | 2.04M | 3.47M |
| 3-Month Avg. Volume | 1.58M | 3.40M |
| 3-Month Volatility | 20.38% | 21.46% |
| Beta | 1.42 | 0.83 |
SPG's beta of 1.42 points to significantly higher volatility compared to WELL (beta: 0.83), suggesting SPG has greater potential for both gains and losses relative to market movements.
Profitability
Return on Equity (TTM)
SPG
146.73%
Retail REITs Industry
- Max
- 17.14%
- Q3
- 11.71%
- Median
- 7.52%
- Q1
- 3.74%
- Min
- -7.72%
SPG's Return on Equity of 146.73% 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.
WELL
2.49%
Health Care REITs Industry
- Max
- 13.73%
- Q3
- 9.36%
- Median
- 6.03%
- Q1
- 2.04%
- Min
- -5.88%
WELL's Return on Equity of 2.49% is on par with the norm for the Health Care REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
SPG
72.71%
Retail REITs Industry
- Max
- 109.79%
- Q3
- 56.24%
- Median
- 34.66%
- Q1
- 18.74%
- Min
- -19.44%
In the Retail REITs industry, Net Profit Margin is often not the primary profitability metric.
WELL
8.64%
Health Care REITs Industry
- Max
- 97.76%
- Q3
- 49.59%
- Median
- 37.41%
- Q1
- 4.31%
- Min
- -28.50%
In the Health Care REITs industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin (TTM)
SPG
49.89%
Retail REITs Industry
- Max
- 110.20%
- Q3
- 62.72%
- Median
- 41.92%
- Q1
- 26.70%
- Min
- -26.35%
In the Retail REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.
WELL
1.79%
Health Care REITs Industry
- Max
- 85.76%
- Q3
- 65.76%
- Median
- 36.38%
- Q1
- 18.29%
- Min
- -23.05%
In the Health Care REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | SPG | WELL |
|---|---|---|
| Return on Equity (TTM) | 146.73% | 2.49% |
| Return on Assets (TTM) | 13.22% | 1.59% |
| Net Profit Margin (TTM) | 72.71% | 8.64% |
| Operating Profit Margin (TTM) | 49.89% | 1.79% |
| Gross Profit Margin (TTM) | 81.90% | 41.17% |
Financial Strength
Current Ratio (MRQ)
SPG
0.39
Retail REITs Industry
- Max
- 1.70
- Q3
- 1.12
- Median
- 0.57
- Q1
- 0.39
- Min
- 0.04
SPG's Current Ratio of 0.39 falls into the lower quartile for the Retail REITs industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
WELL
2.01
Health Care REITs Industry
- Max
- 2.10
- Q3
- 1.19
- Median
- 0.52
- Q1
- 0.27
- Min
- 0.09
WELL's Current Ratio of 2.01 is in the upper quartile for the Health Care REITs industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio (MRQ)
SPG
5.46
Retail REITs Industry
- Max
- 2.07
- Q3
- 1.28
- Median
- 0.92
- Q1
- 0.74
- Min
- 0.31
With a Debt-to-Equity Ratio of 5.46, 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.
WELL
0.47
Health Care REITs Industry
- Max
- 1.31
- Q3
- 1.01
- Median
- 0.82
- Q1
- 0.69
- Min
- 0.22
Falling into the lower quartile for the Health Care REITs industry, WELL's Debt-to-Equity Ratio of 0.47 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio (TTM)
SPG
9.09
Retail REITs Industry
- Max
- 4.23
- Q3
- 3.40
- Median
- 2.50
- Q1
- 1.27
- Min
- -0.07
With an Interest Coverage Ratio of 9.09, 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.
WELL
0.29
Health Care REITs Industry
- Max
- 7.25
- Q3
- 5.10
- Median
- 2.10
- Q1
- 1.41
- Min
- -0.17
WELL's Interest Coverage Ratio of 0.29 is a critical concern. A value below 1.0 means operating earnings are insufficient to cover interest expenses, indicating severe financial strain and high default risk.
Financial Strength at a Glance
| Symbol | SPG | WELL |
|---|---|---|
| Current Ratio (MRQ) | 0.39 | 2.01 |
| Quick Ratio (MRQ) | 0.39 | 2.01 |
| Debt-to-Equity Ratio (MRQ) | 5.46 | 0.47 |
| Interest Coverage Ratio (TTM) | 9.09 | 0.29 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | SPG | WELL |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 13.22% | 41.33% |
| Revenue Growth (TTM vs Prior YoY) | 6.72% | 35.63% |
| 3-Year Revenue CAGR | 6.35% | 22.74% |
| 5-Year Revenue CAGR | 6.67% | 18.67% |
EPS Growth
EPS Growth at a Glance
| Symbol | SPG | WELL |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 151.38% | -26.07% |
| EPS Growth (TTM vs Prior YoY) | 62.07% | -10.44% |
| 3-Year EPS CAGR | 29.52% | 66.74% |
| 5-Year EPS CAGR | 31.52% | -9.79% |
Dividend
Dividend Yield (TTM)
SPG
4.73%
Retail REITs Industry
- Max
- 6.37%
- Q3
- 4.99%
- Median
- 4.33%
- Q1
- 3.79%
- Min
- 2.66%
SPG's Dividend Yield of 4.73% is consistent with its peers in the Retail REITs industry, providing a dividend return that is standard for its sector.
WELL
1.29%
Health Care REITs Industry
- Max
- 7.72%
- Q3
- 6.45%
- Median
- 5.85%
- Q1
- 3.12%
- Min
- 1.29%
WELL's Dividend Yield of 1.29% 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.
Dividend Payout Ratio (TTM)
SPG
60.38%
Retail REITs Industry
- Max
- 195.40%
- Q3
- 112.96%
- Median
- 78.67%
- Q1
- 42.49%
- Min
- 12.11%
SPG's Dividend Payout Ratio of 60.38% is within the typical range for the Retail REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
WELL
200.46%
Health Care REITs Industry
- Max
- 342.13%
- Q3
- 279.67%
- Median
- 200.46%
- Q1
- 121.01%
- Min
- 42.83%
WELL's Dividend Payout Ratio of 200.46% 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 | SPG | WELL |
|---|---|---|
| Dividend Yield (TTM) | 4.73% | 1.29% |
| Dividend Payout Ratio (TTM) | 60.38% | 200.46% |
Valuation
Price-to-Earnings Ratio (TTM)
SPG
12.77
Retail REITs Industry
- Max
- 53.09
- Q3
- 26.82
- Median
- 20.36
- Q1
- 7.78
- Min
- 4.09
The P/E Ratio is often not the primary metric for valuation in the Retail REITs industry.
WELL
155.96
Health Care REITs Industry
- Max
- 167.56
- Q3
- 93.88
- Median
- 25.96
- Q1
- 21.00
- Min
- 6.39
The P/E Ratio is often not the primary metric for valuation in the Health Care REITs industry.
Price-to-Sales Ratio (TTM)
SPG
9.28
Retail REITs Industry
- Max
- 12.43
- Q3
- 8.73
- Median
- 6.70
- Q1
- 5.44
- Min
- 2.87
SPG's P/S Ratio of 9.28 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.
WELL
13.48
Health Care REITs Industry
- Max
- 17.46
- Q3
- 11.06
- Median
- 9.05
- Q1
- 5.08
- Min
- 2.87
WELL's P/S Ratio of 13.48 is in the upper echelon for the Health Care 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)
SPG
11.71
Retail REITs Industry
- Max
- 2.72
- Q3
- 1.71
- Median
- 1.19
- Q1
- 0.93
- Min
- 0.65
At 11.71, 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.
WELL
3.06
Health Care REITs Industry
- Max
- 3.06
- Q3
- 2.46
- Median
- 1.63
- Q1
- 1.23
- Min
- 0.83
WELL's P/B Ratio of 3.06 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.
Valuation at a Glance
| Symbol | SPG | WELL |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 12.77 | 155.96 |
| Price-to-Sales Ratio (TTM) | 9.28 | 13.48 |
| Price-to-Book Ratio (MRQ) | 11.71 | 3.06 |
| Price-to-Free Cash Flow Ratio (TTM) | 18.45 | 50.70 |