Simon Property vs Welltower (SPG vs WELL)
Simon Property (SPG) vs Welltower (WELL) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Simon Property (SPG) and Welltower (WELL) compete in real estate. Here are Simon Property and Welltower side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Simon Property or Welltower.
Simon Property vs Welltower: the figures
| Figure | Simon Property | Welltower |
|---|---|---|
| Share price | $228.50 (November 4, 2026) | $247.99 (November 4, 2026) |
| Market cap | $86.7 billion | $181.9 billion |
| P/E (TTM) | 16.1x | 105.1x |
| Forward P/E | 33.7x | 77.5x |
| Revenue growth (quarter) | +19.5% | +38.4% |
| Net margin (TTM) | 66.6% | 12.1% |
| Net debt / EBITDA | 5.5x | 5.1x |
| Dividend yield | 4.01% | 1.41% |
| Beta | 1.31 | 0.79 |
Simon Property and Welltower figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Simon Property or Welltower figure is not available, and we never estimate it.
3 key differences between Simon Property and Welltower
- Valuation: Welltower trades at 105.1x its annual earnings and Simon Property at 16.1x; the market pays more for each dollar of Welltower profit, usually because it expects more growth.
- Profitability: for every 100 of sales, Simon Property keeps 66.6 as net profit and Welltower keeps 12.1.
- Growth: Welltower grew sales +38.4% year on year in its latest quarter, against +19.5% for Simon Property.
Simon Property or Welltower: which fits your profile
- If you want growth: Welltower is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Simon Property pays the higher dividend relative to its price.
- If you prefer caution: Welltower has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Simon Property trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Simon Property nor Welltower wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Simon Property and Welltower make money
Simon Property (SPG)
Simon Property Group is a U.S. REIT that owns shopping malls, Premium Outlets and The Mills centers. It earns most of its money from rent paid by retailers and restaurants, plus some revenue tied to tenant sales. It operates mainly in the United States, with interests in Asia, Europe and Taubman Realty. Full Simon Property analysis.
Welltower (WELL)
Welltower is a health care REIT with properties in the United States, the United Kingdom and Canada. Its biggest segment is Seniors Housing Operating, senior living communities where it shares in operating results with the manager, and it also leases senior housing and medical properties to operators for fixed rent. Full Welltower analysis.
Frequently asked questions: Simon Property vs Welltower
Is Simon Property or Welltower the better stock?
Choosing between Simon Property and Welltower depends on what you are looking for. Welltower is growing faster right now, and Simon Property trades on the lower P/E. Fintols does not tell you whether to buy Simon Property or Welltower: it shows you the differences so you can decide.
Which pays a higher dividend, Simon Property or Welltower?
As of November 4, 2026, Simon Property yields 4.01% and Welltower yields 1.41%. Also check how much of their profit Simon Property and Welltower pay out: if it is more than they earn, it cannot last.
Which is more expensive, Simon Property or Welltower?
On P/E, Welltower (105.1x) is more expensive than Simon Property (16.1x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Simon Property and Welltower?
Yes. Many people spread their money across several companies, such as Simon Property and Welltower, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Simon Property or Welltower.
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More companies like Simon Property and Welltower: real estate stocks. Educational content about Simon Property and Welltower, not investment advice.