SPG
Simon Property Group Inc
NYSE: SPG · REAL ESTATE · REIT - RETAIL
$200.09
-1.31% today
Updated 2026-04-29
Market cap
$76.16B
P/E ratio
14.12
P/S ratio
11.97x
EPS (TTM)
$14.17
Dividend yield
4.22%
52W range
$149 – $208
Volume
1.6M
Simon Property Group Inc (SPG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.33B | $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 | $5.12B | $5.29B | $5.66B | $5.96B | $6.36B |
| Revenue growth (YoY) | — | +9.6% | +3.6% | -0.2% | +4.8% | +8.8% | -1.2% | +6.8% | +7.2% | +8.1% | +3.2% | +1.7% | +2.1% | +1.9% | -19.9% | +11.1% | +3.4% | +6.9% | +5.4% | +6.7% |
| Cost of revenue | $2.01B | $454.51M | $455.87M | $425.70M | $862.65M | $919.82M | $800.38M | $837.95M | $882.80M | $960.19M | $971.15M | $980.08M | $1.01B | $1.02B | $887.15M | $971.06M | $1.00B | $931.13M | $1.04B | $909.14M |
| Gross profit | $3.33B | $3.20B | $3.33B | $3.35B | $3.09B | $3.39B | $3.46B | $3.71B | $3.99B | $4.31B | $4.46B | $4.55B | $4.64B | $4.73B | $3.72B | $4.15B | $4.29B | $4.73B | $4.92B | $5.46B |
| Gross margin | 100.0% | 87.6% | 87.9% | 88.7% | 78.2% | 78.6% | 81.2% | 81.6% | 81.9% | 81.8% | 82.1% | 82.3% | 82.1% | 82.2% | 80.7% | 81.0% | 81.1% | 83.5% | 82.5% | 85.7% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $16.65M | $276.42M | $273.73M | $219.91M | $21.27M | $46.32M | $57.14M | $59.80M | $59.96M | $60.33M | $65.08M | $51.97M | $46.54M | $34.86M | $22.57M | $30.34M | $34.97M | $38.51M | $44.74M | $125.72M |
| Operating income | $1.32B | $1.54B | $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 | $2.41B | $2.58B | $2.81B | $3.09B | $3.18B |
| Operating margin | 39.6% | 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% | 47.2% | 48.8% | 49.6% | 51.9% | 49.9% |
| EBITDA | $2.18B | $2.36B | $2.52B | $2.38B | $2.80B | $3.35B | $3.95B | $3.82B | $3.93B | $4.32B | $4.35B | $4.43B | $5.02B | $4.64B | $3.41B | $4.46B | $4.46B | $4.07B | $5.02B | $7.86B |
| EBITDA margin | 65.3% | 64.6% | 66.6% | 63.1% | 70.8% | 77.9% | 92.8% | 84.1% | 80.7% | 82.1% | 80.0% | 80.2% | 89.0% | 80.6% | 74.1% | 87.1% | 84.3% | 71.9% | 84.1% | 123.5% |
| EBIT | $1.36B | $1.48B | $1.56B | $1.37B | $1.78B | $2.24B | $2.65B | $2.49B | $2.64B | $3.08B | $3.02B | $3.08B | $3.68B | $3.24B | $2.06B | $2.41B | $2.58B | $2.81B | $3.66B | $6.37B |
| Interest expense | $745.02M | $945.85M | $947.14M | $992.07M | $1.03B | $983.53M | $1.07B | $1.08B | $992.60M | $923.70M | $857.55M | $809.39M | $815.92M | $789.35M | $784.40M | $795.71M | $762.85M | $854.65M | $905.80M | $974.84M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $563.84M | $491.24M | $463.64M | $309.41M | $617.04M | $1.02B | $1.43B | $1.32B | $1.41B | $1.83B | $1.84B | $1.95B | $2.44B | $2.10B | $1.11B | $2.25B | $2.14B | $2.62B | $2.37B | $4.61B |
| Net income growth (YoY) | — | -12.9% | -5.6% | -33.3% | +99.4% | +66.1% | +40.0% | -8.0% | +6.7% | +29.8% | +0.6% | +5.9% | +25.3% | -13.9% | -47.1% | +102.2% | -4.9% | +22.3% | -9.4% | +94.7% |
| Profit margin | 16.9% | 13.5% | 12.3% | 8.2% | 15.6% | 23.8% | 33.7% | 29.0% | 28.9% | 34.7% | 33.8% | 35.2% | 43.2% | 36.5% | 24.1% | 44.0% | 40.4% | 46.2% | 39.8% | 72.5% |