Simon Property Group, Inc. SPG SPX
Real Estate · REIT - Retail · United States
Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries. Simon Property Group, Inc. was incorporated in 1960 and is based in Indiana, United States.
READ MORE ›$204.91
+31.91% 1Y
Market & Price
Market Cap
$77.86B
Current Price
$204.91
High / Low (52W)
$207.56 / $151.42
Beta
1.36
Valuation
Stock P/E
14.25
Industry PE
26.58
Forward P/E
29.76
PEG Ratio
4.58
Book Value
$15.89
Price to Book
12.90
P/S
11.71
EV/EBITDA
19.62
Dividend Yield
4.29%
Profitability & Returns
ROCE
17.44%
ROE
113.59%
ROA
5.56%
Profit Margin
70.59%
Op Margin
43.38%
EPS (Latest Qtr)
$1.48
EPS (TTM)
$14.38
Balance Sheet & Liquidity
Debt/Equity
4.57
Quick Ratio
0.20
Current Ratio
0.20
Debt
$28.99B
Total Assets
$40.61B
Current Assets
$2.31B
Working Capital
$-1.74B
Ownership
Promoter Holding
1.80%
Chg in Prom Hold
-
FII / Inst Holding
95.08%
Chg in FII Hold
0.02%
Financial Snapshot
Enterprise Value
$96.41B
Total Revenue (TTM)
$6.65B
EBITDA
$4.92B
Free Cash Flow
$2.49B
Operating Cash Flow
$4.14B
Shares Outstanding
324.28M
Gross Margin
81.58%
Payout Ratio
60.15%
Growth (CAGR)
Revenue 5Y
6.35%
Profit 5Y
29.32%
Revenue (YoY)
19.30%
Earnings (YoY)
16.40%
PROS
- Strong return on equity of 113.6%.
- Excellent profit margin of 70.6%.
- Profit CAGR of 29.3% over 5 years.
- Attractive dividend yield of 4.29%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 7 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 8 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
| 9 | VTR Ventas, Inc. SPX | 84.42 | 153.49 | $41.04B | 2.37% | 3.28% | 2.14% | 12.21% | 209.94% |
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Quarterly Results
Figures in USD.
| Metric | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.32B | 1.36B | 1.43B | 1.35B | 1.36B | 1.40B | 1.43B | 1.39B | 1.39B | 1.40B | 1.46B | 1.45B | 1.40B | 1.42B | 1.49B | 1.35B | 1.06B | 1.06B | 1.13B | 1.24B | 1.25B | 1.30B | 1.33B | 1.30B | 1.28B | 1.32B | 1.40B | 1.35B | 1.37B | 1.41B | 1.53B | 1.44B | 1.46B | - | - | 1.47B | 1.50B | 1.60B | 1.79B | 1.76B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 274.42M | 245.13M | 290.81M | 315.43M | 346.92M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20B | 1.25B | 1.31B | 1.48B | 1.41B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 470.98M | 509.13M | 497.85M | 585.37M | 648.01M |
| Operating Income | 659.24M | 676.19M | 700.50M | 676.67M | 686.15M | 690.07M | 749.45M | 704.96M | 727.98M | 722.84M | 770.51M | 745.02M | 680.63M | 705.30M | 776.88M | 654.87M | 450.87M | 404.02M | 462.05M | 604.61M | 604.72M | 612.32M | 591.53M | 620.39M | 626.76M | 652.20M | 684.21M | 662.72M | 657.92M | 694.23M | 792.14M | 735.18M | 754.10M | - | - | 727.62M | 744.20M | 812.91M | 890.67M | 762.16M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05B | 1.28B | 1.34B | 4.26B | 1.36B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 227.00M | 232.72M | 242.79M | 272.33M | 275.66M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 470.22M | 678.79M | 717.81M | 3.53B | 548.60M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.64M | 35.11M | 15.11M | -6.80M | -19.93M |
| Net Income | 455.39M | 504.74M | 394.43M | 477.74M | 381.99M | 513.78M | 571.12M | 620.65M | 547.00M | 556.27M | 712.80M | 548.48M | 495.32M | 544.25M | 510.19M | 437.61M | 254.21M | 145.93M | 271.48M | 445.86M | 617.26M | 679.94M | 503.24M | 426.63M | 496.74M | 539.04M | 673.79M | 451.83M | 486.34M | 594.14M | 747.48M | 731.70M | 493.46M | - | - | 414.53M | 556.97M | 607.01M | 3.05B | 480.40M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.43 | 0.83 | 0.48 | 0.86 | 1.36 | 1.88 | 2.07 | 1.53 | 1.30 | 1.51 | 1.65 | 2.06 | 1.38 | 1.49 | 1.82 | 2.29 | 2.25 | 1.51 | - | - | 1.27 | 1.70 | 1.86 | 9.35 | 1.48 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.65B | 3.78B | 3.78B | 3.96B | 4.31B | 4.26B | 4.54B | 4.87B | 5.27B | 5.44B | 5.53B | 5.65B | 5.76B | 4.61B | - | 5.29B | 5.66B | 5.96B | 6.36B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00B | 1.03B | 1.04B | 1.15B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.29B | 4.63B | 4.92B | 5.21B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.71B | 1.82B | 1.83B | 2.04B |
| Operating Income | 1.53B | 1.54B | 1.41B | 1.75B | 1.94B | 2.01B | 2.19B | 2.39B | 2.67B | 2.72B | 2.80B | 2.93B | 2.91B | 1.97B | - | 2.58B | 2.81B | 3.09B | 3.18B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.59B | 4.89B | 5.02B | 7.93B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 761.25M | 854.65M | 905.80M | 974.84M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.54B | 2.70B | 2.75B | 5.40B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 83.51M | 81.87M | 23.26M | 35.79M |
| Net Income | 436.16M | 422.52M | 283.10M | 610.42M | 1.02B | 1.43B | 1.32B | 1.41B | 1.82B | 1.84B | 1.94B | 2.44B | 2.10B | 1.11B | - | 2.14B | 2.28B | 2.37B | 4.63B |
| Diluted EPS | 1.95 | 1.87 | 1.05 | 2.10 | 3.48 | 4.72 | 4.24 | - | - | - | - | - | - | - | - | 6.52 | 6.98 | 7.26 | 14.17 |
Compounded Sales Growth
| 5 Years: | 6.35% |
| 1 Year: | 19.30% |
Compounded Profit Growth
| 5 Years: | 29.32% |
| 1 Year: | 16.40% |
Stock Price Performance
| 1 Year: | +31.91% |
| 6 Months: | +13.34% |
| 3 Months: | +1.68% |
| 1 Month: | +2.41% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 23.42B | 25.95B | 24.86B | 26.22B | 32.59B | 33.32B | 29.53B | 30.57B | 31.10B | 32.26B | 30.69B | 31.23B | 34.79B | - | 33.01B | 34.28B | 32.41B | 40.61B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.11B | 3.59B | 2.83B | 2.31B |
| Cash & Equivalents | 929.36M | 501.98M | 773.54M | 3.96B | 796.72M | 798.65M | 1.18B | 1.69B | 612.28M | 701.13M | 560.06M | 1.48B | 514.34M | 669.37M | 1.01B | - | 621.63M | 1.17B | 1.40B | 823.15M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 823.54M | 826.13M | 796.51M | 934.08M |
| Total Liabilities | - | - | 19.66B | 20.23B | 19.14B | 20.40B | 25.52B | 26.31B | 23.56B | 25.32B | 26.01B | 27.83B | 26.66B | 28.10B | 31.13B | - | 29.19B | 30.60B | 28.81B | 33.90B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.19B | 3.46B | 3.40B | 4.05B |
| Long Term Debt | - | - | - | - | 17.47B | 18.42B | - | - | - | 22.42B | 22.98B | 24.63B | 23.31B | 24.16B | 26.72B | - | 24.96B | 26.03B | 24.26B | 28.08B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.46B | 26.52B | 24.78B | 29.19B |
| Total Equity | - | - | 2.61B | 4.46B | 4.83B | 4.65B | 5.91B | 5.85B | 5.09B | 4.47B | 4.31B | 3.69B | 3.30B | 2.53B | 3.04B | - | 3.14B | 3.02B | 2.94B | 5.21B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 342.91M | 342.90M | 342.95M | 343.07M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.56B | 1.64B | 1.72B | 1.76B | 2.01B | 2.51B | 2.70B | 2.73B | 3.02B | 3.37B | 3.59B | 3.75B | 3.81B | 2.33B | - | 3.77B | 3.93B | 3.81B | 4.14B |
| Investing Cash Flow | -2.05B | -1.02B | -418.99M | -1.25B | -994.04M | -3.58B | -948.09M | -897.27M | -1.46B | -969.03M | -761.47M | -236.51M | -1.08B | -3.98B | - | -626.56M | -1.36B | 1.41B | -1.60B |
| Financing Cash Flow | 62.77M | -342.05M | 1.88B | -3.67B | -1.01B | 1.45B | -1.22B | -2.94B | -1.47B | -2.54B | -1.91B | -4.48B | -2.58B | 1.99B | - | -3.05B | -2.02B | -4.99B | -3.11B |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -650.02M | -793.28M | -755.58M | -934.35M |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.12B | 3.14B | 3.06B | 3.20B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 87.69M | 547.36M | 231.35M | -577.20M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | 255.27M | 407.00M | 354.11M | 359.77M | 152.59M | - | 180.39M | 140.59M | - | 226.83M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 81.1% | 81.8% | 82.5% | 81.9% |
| Operating Margin % | 42.0% | 40.8% | 37.3% | 44.1% | 45.1% | 47.1% | 48.2% | 49.0% | 50.7% | 50.1% | 50.7% | 51.8% | 50.6% | 42.8% | - | 48.8% | 49.6% | 51.9% | 49.9% |
| Net Margin % | 11.9% | 11.2% | 7.5% | 15.4% | 23.7% | 33.6% | 29.0% | 28.9% | 34.6% | 33.8% | 35.2% | 43.2% | 36.5% | 24.1% | - | 40.4% | 40.3% | 39.8% | 72.7% |
| ROE % | - | 16.2% | 6.4% | 12.6% | 22.0% | 24.2% | 22.5% | 27.6% | 40.8% | 42.6% | 52.8% | 73.9% | 83.1% | 36.5% | - | 68.2% | 75.5% | 80.6% | 88.9% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.7% | 9.1% | 10.7% | 8.7% |
Shareholding Pattern
Insiders
1.80%
Institutions
95.08%
Public Float
96.82%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.35% | 36.81M | $7.54B |
| 2 | Vanguard Portfolio Management LLC | 7.12% | 23.10M | $4.73B |
| 3 | State Street Corporation | 6.45% | 20.93M | $4.29B |
| 4 | Vanguard Capital Management LLC | 6.34% | 20.57M | $4.22B |
| 5 | Geode Capital Management, LLC | 3.34% | 10.83M | $2.22B |
| 6 | Wellington Management Group, LLP | 2.82% | 9.15M | $1.87B |
| 7 | Capital World Investors | 2.79% | 9.05M | $1.85B |
| 8 | Bank of America Corporation | 2.62% | 8.50M | $1.74B |
| 9 | Cohen & Steers Inc. | 1.81% | 5.88M | $1.21B |
| 10 | JPMORGAN CHASE & CO | 1.75% | 5.67M | $1.16B |
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