Equinix Inc vs Simon Property Group Inc — how do they compare? Equinix Inc trades at $1,032.41 (market cap $101.87B), while Simon Property Group Inc trades at $219.28 (market cap $71.03B). The key difference: Equinix Inc is the larger of the two by market cap, and Simon Property Group Inc pays the higher dividend (4.05%). Which is the better fit depends on your goals.
| EQIX | SPG | |
|---|---|---|
Market Cap | $101.87B | $71.03B |
Sector | Real Estate | Real Estate |
52-Week High | $1.12K | $236.70 |
52-Week Low | $726.09 | $169.22 |
Enterprise Value | $123.00B | $99.48B |
Dividend Yield | 2% | 4.05% |
Trailing returns across standard periods
Latest headlines on both assets
Equinix is a retail provider of data centers, enabling hundreds of enterprise tenants to house their servers and networking equipment in a collocated environment. Tenants can then connect with each other, through cloud service providers and telecom networks. Equinix operates 240 data centers in 66 markets worldwide and owns just less than half of them. The firm has roughly 10,000 customers, including 2,000 networks, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services, and Enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from connecting customers with each other. Equinix operates as a real estate investment trust.
Read more on EQIX →Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →