Washington Prime Group Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Washington Prime Group Inc (WPG) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Washington Prime Group Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 543M vs 9,981M combined for tracked competitors (5.2% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (+1.9% annualized vs trailing 12 months), vs decelerating (-54.3%) for its tracked peer group.
- Growth: Washington Prime Group Inc generated 40.1% revenue growth year over year in Q2 2021, vs 17.2% for its tracked competitors combined.
- Profitability: Its -74.7% net margin compares with 27.3% for the peer group.
- Peer revenue share: Washington Prime Group Inc accounted for 10.8% of combined revenue among its tracked peer group, up from 9.2% a year earlier.
- Peer differentiation: Revenue per employee of $0.39M compares with $7.15M for the peer group (0.1x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
WPG Sales vs. its Competitors, Q2 2021
Washington Prime Group Inc reported revenue growth of 40.13 % year on year in Q2 2021, above its competitors' combined revenue growth of 17.21 %.
With a net margin of -74.72 %, Washington Prime Group Inc reported lower profitability than its competitors (27.33 %).
Washington Prime Group Inc generated 10.83 % of the combined sales of its peer group, up from 9.22 % a year earlier.
Washington Prime Group Inc vs. its Competitors, Q2 2021
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Washington Prime Group Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Washington Prime Group inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Washington Prime Group Inc's competitor groups requires a Commercial License.
For context: the Real Estate Investment Trusts industry grew revenue -0.8% year over year, combined, vs 40.1% for Washington Prime Group Inc. Washington Prime Group Inc's share of combined industry revenue moved from 0.14% to 0.19%, a gain of 0.06 percentage points.
Washington Prime Group Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Washington Prime Group inc | No | No | No | No |
| Competitors combined (10) | ||||
| Similar Growth & Profitability (8) | 37.50 % (3 of 8) | 37.50 % (3 of 8) | 25.00 % (2 of 8) | 37.50 % (3 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
WPG Stock Performance relative to its Competitors
WPG Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Postal Realty Trust Inc | 282.9% | Outperformed |
| 2 | Federal Realty Investment Trust | 282.9% | Outperformed |
| 3 | American Assets Trust Inc | 282.9% | Outperformed |
| 4 | Nnn Reit Inc | 282.9% | Outperformed |
| 5 | Agree Realty Corporation | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Washington Prime Group Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Washington Prime Group inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Washington Prime Group inc | 20.91 | 543.38 |
| Realty Income Corporation | 50,752.15 | 6,054.93 |
| Federal Realty Investment Trust | 9,384.63 | 1,310.91 |
| Agree Realty Corporation | 8,049.75 | 779.62 |
| Nnn Reit Inc | 7,791.49 | 953.25 |
| American Assets Trust Inc | 1,634.45 | 438.19 |
| SUBTOTAL | 78,512.72 | 10,524.04 |
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Sources: Washington Prime Group inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Washington Prime Group inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Washington Prime Group Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Federal Realty Investment Trust | Named by the company | 85% |
| Realty Income Corporation | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Washington Prime Group Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Washington Prime Group Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| American Assets Trust Inc | Office 47.08 % |
| Wheeler Real Estate Investment Trust Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Washington Prime Group Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Washington Prime Group inc | 21 | 388,131 | -242,294 |
| Realty Income Corporation | 50,752 | 11,130,390 | 2,409,482 |
| Federal Realty Investment Trust | 9,385 | 4,096,578 | 1,619,188 |
| Agree Realty Corporation | 8,050 | 8,662,422 | 2,505,867 |
| Nnn Reit Inc | 7,791 | 11,214,671 | 4,525,471 |
| American Assets Trust Inc | 1,634 | 1,841,130 | 87,920 |
| PEERS TOTAL | 78,492 | 7,149,469 | 1,801,190 |
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Washington Prime Group Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Real Estate Investment Trusts industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (193 companies). See the full Real Estate Investment Trusts industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 100.00 % | 70.51 % (avg) | +29.5 pp |
| Operating Margin | -23.21 % | industry median | -49.8 pp |
| EBITDA Margin | -7.06 % | 37.73 % (avg) | -44.8 pp |
| Capital Intensity (Capex / Revenue) | 27.61 % | 24.26 % (avg) | +3.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Washington Prime Group Inc's Valuation vs Competitive Position
Valuation multiples vs the Real Estate Investment Trusts industry average (193 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Real Estate Investment Trusts industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 33.2x | - |
| EV / EBITDA | - | 17.6x | - |
| P/B | 0.1x | 2.0x | -1.9x |
| Return on Equity | -58.08 % | industry aggregate | -64.38 % |
| Return on Invested Capital | -2.51 % | 2.03 % (avg) | -4.54 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Washington Prime Group Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|
| Revenue Growth | 39.41 % | -8.48 % | -10.12 % | -4.59 % | -8.37 % | -20.72 % |
| Operating Margin | 3.66 % | 21.93 % | 19.10 % | 24.28 % | 8.60 % | -21.39 % |
| Return on Invested Capital | 0.60 % | 2.48 % | 2.10 % | 2.69 % | 0.95 % | -2.06 % |
| P/E | - | 30.7x | 6.7x | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Washington Prime Group Inc's Strategic Group Map
Every company in Washington Prime Group Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Washington Prime Group Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Washington Prime Group Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 27.61 % vs industry average 24.26 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Washington Prime Group Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Washington Prime Group Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Washington Prime Group Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Washington Prime Group Inc falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Washington Prime Group Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 49.8 points below the industry median.
- Return on equity 64.4 points below the industry aggregate.
Opportunities
- A meaningful share of tracked competitors (44.40 %) show financial-distress signals, a possible opening to gain share.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-54.3% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Washington Prime Group Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Washington Prime Group inc | 0.36 | 0.85 | 4.74 |
| Realty Income Corporation | 0.30 | 1.20 | 0.06 |
| Federal Realty Investment Trust | 0.60 | 1.75 | 0.60 |
| Agree Realty Corporation | 0.11 | 0.91 | 0.13 |
| Nnn Reit Inc | 0.25 | 0.27 | 0.35 |
| American Assets Trust Inc | 1.92 | 2.02 | 0.50 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Washington Prime Group Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Washington Prime Group inc | Q2 2021 | +40.1 % | - |
| Realty Income Corporation | Q2 2026 | +9.7 % | +86.2 % |
| Federal Realty Investment Trust | Q1 2026 | +10.3 % | +141.9 % |
| Agree Realty Corporation | Q2 2026 | +16.8 % | +11.1 % |
| Nnn Reit Inc | Q2 2026 | +7.7 % | -2.6 % |
| American Assets Trust Inc | Q1 2026 | +1.8 % | -87.5 % |
| PEERS TOTAL | +10.9 % | +63.6 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Washington Prime Group Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Washington Prime Group inc | Q2 2021 | - | -11.1 % |
| Realty Income Corporation | Q2 2026 | +10.3 % | +85.4 % |
| Federal Realty Investment Trust | Q1 2026 | - | -45.4 % |
| Agree Realty Corporation | Q2 2026 | - | +40.3 % |
| Nnn Reit Inc | Q2 2026 | - | - |
| American Assets Trust Inc | Q1 2026 | +5.6 % | -75.8 % |
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Washington Prime Group Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Washington Prime Group inc | - | - | - |
| Realty Income Corporation | 1.78% | 1.77% | 3.23% |
| Federal Realty Investment Trust | 5.80% | 3.83% | 15.58% |
| Agree Realty Corporation | 2.25% | 2.05% | 3.62% |
| Nnn Reit Inc | 4.06% | 4.66% | 8.70% |
| American Assets Trust Inc | 0.71% | 0.63% | 1.90% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Washington Prime Group Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Washington Prime Group inc | - | 0.04 |
| Realty Income Corporation | 39.35 | 8.38 |
| Federal Realty Investment Trust | 18.80 | 7.16 |
| Agree Realty Corporation | 35.73 | 10.33 |
| Nnn Reit Inc | 20.14 | 8.17 |
| American Assets Trust Inc | 75.93 | 3.73 |
| PEERS AVERAGE | 36.09 | 7.46 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.