Simon Property Group, Inc. logo

Simon Property Group, Inc.

SPG

NYSEReal EstateREIT - Retail

Regular session

$221.24

+$2.95 · +1.35%

Aug 24, 10:12 AM ET

SPG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

59

Fair Value

Momentum

60

Neutral

Sentiment

66

Bullish

Risk resilience

76

Moderate Risk

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Company profile

Company website

Simon Property Group (NYSE: SPG) is a prominent S&P 100 real estate investment trust that specializes in owning and developing a portfolio of world-class shopping, dining, entertainment, and mixed-use destinations. These significant properties, strategically located across North America, Europe, and Asia, serve as vital community hubs, attracting millions of visitors daily and contributing billions in annual revenue.

Industry
REIT - Retail
Sector
Real Estate
Headquarters
US
CEO
Eli Simon
Listed since
Dec 14, 1993
Employees
3,350

Market position

Day range

Current $221.24

52-week range

Current $221.24

Open
$219.34
Previous close
$218.29
Volume
48.47K
0.03× average
Average volume
1.72M
Average daily volume
Market cap
71.74B USD
Beta
1.33
Market reference 1
50-day average
$223.03
-0.80% below average
200-day average
$200.22
+10.50% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
88.71B USD
P/E (TTM)
15.65×
P/B (TTM)
16.17×
P/S (TTM)
10.34×
EV / EBITDA
11.29×
Earnings yield
7.65%
Free cash flow yield
5.91%
Dividend yield
3.98%

Profitability & efficiency

Gross margin
84.11%
Operating margin
48.12%
Net margin
68.41%
Return on equity
88.61%
Return on assets
11.37%
Return on invested capital
8.55%

Financial health

Debt / equity
6.64×
Current ratio
0.16×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends90%72%54%35%Gross margin, FY2021: 81.02%Gross margin, FY2022: 81.08%Gross margin, FY2023: 81.83%Gross margin, FY2024: 82.50%Gross margin, FY2025: 85.72%Operating margin, FY2021: 47.16%Operating margin, FY2022: 48.83%Operating margin, FY2023: 49.60%Operating margin, FY2024: 51.86%Operating margin, FY2025: 49.89%Net margin, FY2021: 43.97%Net margin, FY2022: 40.43%Net margin, FY2023: 40.35%Net margin, FY2024: 39.75%Net margin, FY2025: 72.51%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 81.02%. Gross margin FY2022 81.08%. Gross margin FY2023 81.83%. Gross margin FY2024 82.50%. Gross margin FY2025 85.72%. Operating margin FY2021 47.16%. Operating margin FY2022 48.83%. Operating margin FY2023 49.60%. Operating margin FY2024 51.86%. Operating margin FY2025 49.89%. Net margin FY2021 43.97%. Net margin FY2022 40.43%. Net margin FY2023 40.35%. Net margin FY2024 39.75%. Net margin FY2025 72.51%.

Income trends

Revenue

6.36B USD+6.72%

Operating income

3.18B USD+2.67%

Net income

4.61B USD+94.65%
Income trends across reported periods6.79B USD5.1B USD3.41B USD1.72B USDRevenue, FY2021: 5.12B USDRevenue, FY2022: 5.29B USDRevenue, FY2023: 5.66B USDRevenue, FY2024: 5.96B USDRevenue, FY2025: 6.36B USDOperating income, FY2021: 2.41B USDOperating income, FY2022: 2.58B USDOperating income, FY2023: 2.81B USDOperating income, FY2024: 3.09B USDOperating income, FY2025: 3.18B USDNet income, FY2021: 2.25B USDNet income, FY2022: 2.14B USDNet income, FY2023: 2.28B USDNet income, FY2024: 2.37B USDNet income, FY2025: 4.61B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.12B USD. Revenue FY2022 5.29B USD. Revenue FY2023 5.66B USD. Revenue FY2024 5.96B USD. Revenue FY2025 6.36B USD. Operating income FY2021 2.41B USD. Operating income FY2022 2.58B USD. Operating income FY2023 2.81B USD. Operating income FY2024 3.09B USD. Operating income FY2025 3.18B USD. Net income FY2021 2.25B USD. Net income FY2022 2.14B USD. Net income FY2023 2.28B USD. Net income FY2024 2.37B USD. Net income FY2025 4.61B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.36B USD5.96B USD5.66B USD5.29B USD5.12B USD
Cost of goods sold909.14M USD1.04B USD1.03B USD1B USD971.06M USD
Gross profit5.46B USD4.92B USD4.63B USD4.29B USD4.15B USD
Selling, general, and administrative281.55M USD189.29M USD165.86M USD142.76M USD144.64M USD
Operating expenses2.28B USD1.83B USD1.82B USD1.71B USD1.73B USD
Interest expense974.84M USD905.8M USD854.65M USD761.25M USD795.71M USD
Depreciation and amortization1.48B USD1.36B USD1.33B USD1.29B USD1.33B USD
Operating income3.18B USD3.09B USD2.81B USD2.58B USD2.41B USD
Net income4.61B USD2.37B USD2.28B USD2.14B USD2.25B USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
14.14
FY2025 · +94.77% year over year
Latest fiscal-year revenue
6.36B USD
FY2025 · +6.72% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend14.911.858.815.76FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend6.49B5.99B5.49B4.99BFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

38 ratings
Strong buy00%
Buy1642%
Hold2053%
Sell25%
Strong sell00%

SPG news

SPG peers

ETFs holding SPG

Funds reporting this stock among their holdings, ordered by reported position size.

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