Simon Property Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5,364	2,729	2,617	2,452	2,569
Depreciation & Amortization	1,554	1,360	1,334	1,292	1,326
Other Adjustments	-2,781	-201.75	-277.94	-5.6	-648.93
Change in Receivables	-59.77	36.16	-11.8	63.35	265.35
Changes in Other Operating Activities	59.09	-108.64	269.94	85.54	126.38
Operating Cash Flow	4,137	3,815	3,931	3,767	3,637
Operating Cash Flow Growth	8.44%	-2.96%	4.36%	3.55%	56.33%
Capital Expenditures	-934.35	-755.58	-793.28	-650.02	-527.94
Sale of Property, Plant & Equipment	-	55.2	-	59.66	3
Purchases of Investments	-111.12	-953.84	-1,116	-301.93	-90.51
Proceeds from Sale of Investments	96.19	2,784	304.13	26.09	65.5
Payments for Business Acquisitions	-1,114	-56.11	-65.83	-203.36	-257.08
Other Investing Activities	462.94	335.12	307.51	443.01	254.25
Investing Cash Flow	-1,601	1,408	-1,363	-626.56	-552.76
Long-Term Debt Issued	3,669	1,096	3,630	3,449	9,251
Long-Term Debt Repaid	-3,278	-2,969	-2,659	-3,722	-10,127
Net Long-Term Debt Issued (Repaid)	390.42	-1,874	971.32	-272.46	-875.75
Issuance of Common Stock	-0.33	-0.33	-0.33	-0.33	-0.33
Repurchase of Common Stock	-240.74	-10.56	-146.39	-187.18	-2.32
Net Common Stock Issued (Repurchased)	-241.07	-10.89	-146.72	-187.5	-2.65
Preferred Share Dividends Paid	-2,794	-2,647	-2,441	-2,266	-2,354
Other Financing Activities	-468.36	-460.22	-403.72	-326.46	-330.24
Financing Cash Flow	-3,113	-4,992	-2,020	-3,052	-3,562
Net Cash Flow	-577.2	231.35	547.36	87.69	-477.68
Free Cash Flow	3,202	3,059	3,138	3,117	3,109
Free Cash Flow Growth	4.68%	-2.50%	0.67%	0.23%	68.76%
FCF Margin	50.31%	51.29%	55.44%	58.90%	60.77%
Free Cash Flow Per Share	9.81	9.38	9.60	-	8.27
Levered Free Cash Flow	5,694	989.45	4,061	2,591	2,295
Unlevered Free Cash Flow	3,833	3,562	3,532	3,226	3,198

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.