Simon Property Group, Inc. (SPG)
NYSE: SPG · Real-Time Price · USD
200.56
-5.10 (-2.48%)
May 13, 2026, 4:00 PM EDT - Market closed
Simon Property Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Property Revenue | 6,100 | 5,839 | 5,390 | 5,164 | 4,905 | 4,737 |
Service and Other Revenue | 548.32 | 525.35 | 574.04 | 494.5 | 386.27 | 380.07 |
| 6,649 | 6,365 | 5,964 | 5,659 | 5,291 | 5,117 | |
Revenue Growth (YoY) | 10.92% | 6.72% | 5.39% | 6.94% | 3.41% | 11.05% |
Property Expenses | 614.92 | 580.98 | 529.75 | 489.35 | 464.14 | 415.72 |
Service and Other Expenses | 129.97 | 119.92 | 100 | 97.26 | 93.6 | 96.39 |
Total Property Expenses | 744.89 | 700.89 | 629.75 | 586.6 | 557.73 | 512.11 |
Property Taxes | 479.64 | 451.13 | 408.64 | 441.78 | 443.22 | 458.95 |
Gross Profit | 5,424 | 5,212 | 4,925 | 4,630 | 4,290 | 4,146 |
Selling, General & Admin | 512.4 | 468.46 | 412.57 | 373.48 | 327.36 | 329.3 |
Depreciation & Amortization Expenses | 1,557 | 1,426 | 1,265 | 1,262 | 1,227 | 1,263 |
Other Operating Expenses | 144.45 | 142.21 | 149.68 | 187.84 | 152.21 | 140.52 |
Operating Income | 3,210 | 3,175 | 3,093 | 2,807 | 2,584 | 2,413 |
Net Gains on Disposal of Properties | 2,952 | 2,887 | -75.82 | -3.06 | 5.65 | 206.86 |
Interest Income | 452.48 | 504.09 | 207.32 | 375.66 | 647.98 | 782.84 |
Interest Expense | -1,024 | -974.84 | -905.8 | -854.65 | -761.25 | -795.71 |
Other Non-Operating Income (Expense) | -112.44 | -192.2 | 433.78 | 373.91 | 59.97 | 118.74 |
Total Non-Operating Income (Expense) | 2,268 | 2,225 | -340.51 | -108.13 | -47.66 | 312.72 |
Pretax Income | 5,478 | 5,400 | 2,752 | 2,699 | 2,536 | 2,726 |
Provision for Income Taxes | 23.49 | 35.79 | 23.26 | 81.87 | 83.51 | 157.2 |
Net Income | 4,690 | 4,624 | 2,368 | 2,280 | 2,136 | 2,246 |
Minority Interest in Earnings | 761.31 | 736.51 | 358.13 | 333.89 | 312.85 | 319.08 |
Net Income Attributable to Preferred Dividends | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 |
Net Income to Common | 4,690 | 4,624 | 2,368 | 2,280 | 2,136 | 2,246 |
Net Income Growth | 128.84% | 95.32% | 3.85% | 6.72% | -4.90% | 102.51% |
Shares Outstanding (Basic) | 326 | 326 | 326 | 327 | 328 | 329 |
Shares Outstanding (Diluted) | 326 | 326 | 326 | 327 | 328 | 329 |
Shares Change (YoY) | -0.06% | 0.08% | -0.22% | -0.25% | -0.29% | 6.43% |
EPS (Basic) | 14.39 | 14.17 | 7.26 | 6.98 | 6.52 | 6.84 |
EPS (Diluted) | 14.39 | 14.17 | 7.26 | 6.98 | 6.52 | 6.84 |
EPS Growth | 129.14% | 95.18% | 4.01% | 7.05% | -4.68% | 90.53% |
Shares Outstanding | 324.29 | 325.22 | 326.28 | 325.92 | 326.95 | 328.62 |
Free Cash Flow | 3,230 | 3,202 | 3,059 | 3,138 | 3,117 | 3,109 |
Free Cash Flow Growth | 0.87% | 4.68% | -2.50% | 0.67% | 0.23% | 68.76% |
Free Cash Flow Per Share | 9.90 | 9.81 | 9.38 | 9.60 | 9.51 | 9.46 |
Dividends Per Share | 8.650 | 8.550 | 8.100 | 7.450 | 6.900 | 5.850 |
Dividend Growth | 1.17% | 5.56% | 8.72% | 7.97% | 17.95% | -2.50% |
Gross Margin | 81.58% | 81.90% | 82.59% | 81.83% | 81.08% | 81.02% |
Operating Margin | 48.28% | 49.89% | 51.86% | 49.60% | 48.83% | 47.16% |
Profit Margin | 82.04% | 84.28% | 45.76% | 46.25% | 46.35% | 50.20% |
FCF Margin | 48.58% | 50.31% | 51.29% | 55.44% | 58.90% | 60.77% |
EBITDA | 4,941 | 4,730 | 4,453 | 4,141 | 3,876 | 3,739 |
EBITDA Margin | 74.32% | 74.31% | 74.66% | 73.17% | 73.24% | 73.07% |
EBIT | 3,210 | 3,175 | 3,093 | 2,807 | 2,584 | 2,413 |
EBIT Margin | 48.28% | 49.89% | 51.86% | 49.60% | 48.83% | 47.16% |
Effective Tax Rate | 0.43% | 0.66% | 0.85% | 3.03% | 3.29% | 5.77% |
Updated May 11, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.