NYSE · SPGReal EstateREITs

Simon Property Group financials

$204.28−0.12%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
FY19
Dec 31
FY18
Dec 31
FY17
Dec 31
FY16
Dec 31
Revenue$6.36B$5.96B$5.66B$5.29B$4.84B$4.61B$5.76B$5.65B$5.53B$5.44B
Gross profit$5.78B$5.43B$5.17B$4.83B$4.43B$4.26B$5.30B$5.19B$5.08B$5.00B
Gross margin90.9%91.1%91.4%91.2%91.4%92.4%92.1%92.0%92.0%92.0%
Operating income$3.18B$3.09B$2.81B$2.58B$2.14B$1.97B$2.91B$2.93B$2.80B$2.72B
Net income$4.62B$2.37B$2.28B$2.14B$2.25B$1.11B$2.10B$2.44B$1.94B$1.84B
Net margin72.7%39.7%40.3%40.4%46.4%24.1%36.5%43.2%35.2%33.8%
Diluted EPS$14.17$7.26$6.98$6.52$6.84$3.59$6.81$7.87$6.24$5.87
EBITDA$4.73B$4.45B$4.14B$3.88B$3.47B$3.33B$4.31B$4.28B$4.16B$4.08B
Operating cash flow$4.14B$3.81B$3.93B$3.77B$3.64B$2.33B$3.81B$3.75B$3.59B$3.37B
Free cash flow$3.20B$3.06B$3.14B$3.12B$3.11B$1.84B$2.93B$2.97B$2.86B$2.57B
Diluted shares326.4M326.1M326.8M327.8M328.6M308.7M308.0M309.6M311.5M312.7M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$823.1M$1.40B$1.17B$621.6M$533.9M$1.01B
Short-term investments$0.00$0.00$1.00B$0.00——
Total debt$28.43B$24.26B$26.03B$24.96B$25.32B$26.72B
Total assets$40.61B$32.41B$34.28B$33.01B$33.78B$34.79B
Total liabilities$33.90B$28.81B$30.60B$29.19B$29.38B$31.13B
Shareholders' equity$6.71B$3.41B$3.49B$3.61B$3.85B$3.47B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology