Simon Property Group, Inc. (BMV:SPG)

Simon Property Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Service and Other Revenue	516.18	574.04	494.5	386.27	380.07	305.14
Revenue	6,034	5,964	5,659	5,291	5,117	4,608
Revenue Growth (YoY)	3.34%	5.39%	6.94%	3.41%	11.05%	-19.94%
Property Expenses	660.13	634.77	586.6	557.73	512.11	430.01
Total Property Expenses	660.13	634.77	586.6	557.73	512.11	430.01
Property Taxes	415.56	408.64	441.78	443.22	458.95	457.14
Gross Profit	4,959	4,920	4,630	4,290	4,146	3,720
Selling, General & Admin	434.61	412.57	373.48	327.36	329.3	292.85
Depreciation & Amortization Expenses	1,315	1,265	1,262	1,227	1,263	1,318
Other Operating Expenses	133.72	149.68	187.84	152.21	140.52	137.68
Operating Income	3,075	3,093	2,807	2,584	2,413	1,972
Net Gains on Disposal of Properties	-93.4	-75.82	-3.06	5.65	206.86	-114.96
Interest Income	352.69	207.32	375.66	647.98	782.84	219.87
Interest Expense	-913.56	-905.8	-854.65	-761.25	-795.71	-784.4
Other Non-Operating Income (Expense)	99.83	468.56	350.13	182.38	134.93	19.63
Total Non-Operating Income (Expense)	-554.45	-305.73	-131.91	74.75	328.91	-659.86
Pretax Income	2,521	2,787	2,675	2,658	2,742	1,312
Provision for Income Taxes	-1.83	23.26	81.87	83.51	157.2	-4.64
Net Income	2,112	2,368	2,280	2,136	2,246	1,109
Minority Interest in Earnings	324.41	358.13	333.89	312.85	319.08	164.76
Net Income Attributable to Preferred Dividends	3.34	3.34	3.34	3.34	3.34	3.34
Net Income to Common	2,112	2,368	2,280	2,136	2,246	1,109
Net Income Growth	-17.71%	3.85%	6.72%	-4.90%	102.51%	-47.14%
Shares Outstanding (Basic)	326	326	327	328	376	309
Shares Outstanding (Diluted)	326	326	327	328	376	309
Shares Change (YoY)	0.02%	-0.20%	-0.35%	-12.77%	21.74%	0.20%
EPS (Basic)	6.47	7.26	6.98	6.52	6.84	3.59
EPS (Diluted)	6.47	7.26	6.98	6.52	6.84	3.59
EPS Growth	-17.89%	4.01%	7.05%	-4.68%	90.53%	-47.28%
Free Cash Flow	3,142	3,059	3,138	3,117	3,109	1,843
Free Cash Flow Growth	2.73%	-2.50%	0.67%	0.23%	68.76%	-37.15%
Free Cash Flow Per Share	9.63	9.38	9.60	9.51	8.27	5.97
Dividends Per Share	8.350	8.100	7.450	6.900	5.850	6.000
Dividend Growth	3.09%	8.72%	7.97%	17.95%	-2.50%	-27.71%
Gross Margin	82.17%	82.50%	81.83%	81.08%	81.02%	80.75%
Operating Margin	50.96%	51.86%	49.60%	48.83%	47.16%	42.80%
Profit Margin	41.81%	46.34%	45.83%	48.66%	50.52%	28.57%
FCF Margin	52.08%	51.29%	55.44%	58.90%	60.77%	39.99%
EBITDA	4,501	4,453	4,141	3,876	3,739	3,327
EBITDA Margin	74.59%	74.66%	73.17%	73.24%	73.07%	72.20%
EBIT	3,075	3,093	2,807	2,584	2,413	1,972
EBIT Margin	50.96%	51.86%	49.60%	48.83%	47.16%	42.80%
Effective Tax Rate	-0.07%	0.83%	3.06%	3.14%	5.73%	-0.35%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.