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Ventas vs Simon Property Group: VTR and SPG compared
Ventas is the larger company: $1.8B of revenue in its latest quarter (Q3 2026) against $1.8B for Simon Property Group (Q3 2026). Ventas is growing faster (+23% against +13% a year earlier). Simon Property Group is more profitable, with an operating margin of 44.3% against 2.9%.
Where the money goes: VTR and SPG
Ventas (VTR) · Q3 2026
Ventas, Q3 2026: revenue $1.8B (+23% year over year), operating margin 2.9%, net earnings $65.4M, operating cash flow $490M. The chart follows the revenue to costs, profit and cash.
Simon Property Group (SPG) · Q3 2026
Simon Property Group, Q3 2026: revenue $1.8B (+13% year over year), operating margin 44.3%, net earnings $499M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Ventas (VTR) | Simon Property Group (SPG) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.8B | $1.8B |
| Revenue growth, Y/Y | +23% | +13% |
| Operating margin | 2.9% | 44.3% |
| Net earnings | $65.4M | $499M |
| Net margin | 3.6% | 27.5% |
| Operating cash flow | $490M | $1.1B |
| Free cash flow | $425M | $822M |
| Market value | $46.1B | $74.1B |
| P/E | 167.8× | 13.8× |
| Analysts’ mean target | $99.00 | $228.90 |
Questions
Which is bigger, Ventas or Simon Property Group?
Ventas is the larger company: $1.8B of revenue in its latest quarter (Q3 2026) against $1.8B for Simon Property Group (Q3 2026).
Is Ventas or Simon Property Group growing faster?
Ventas is growing faster (+23% against +13% a year earlier).
Which is more profitable, Ventas or Simon Property Group?
Simon Property Group is more profitable, with an operating margin of 44.3% against 2.9%.
More: Ventas earnings · how Ventas makes money · Simon Property Group earnings · how Simon Property Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.