Simon Property Group Inc

Simon Property Group Inc

SPG · NYSE · Real Estate / REIT - Retail

232.97USD-0.64 (-0.27%)

Price History

Full chart

Market Stats

Previous Close233.61
Open234.31
Day Range232.87 – 235.34
52-Week Range166.10 – 235.97
Volume915.40K
Market Cap81.89B
P/E (TTM)14.91
Forward P/E31.75
EPS14.47
Dividend Yield4.21%
Beta1.33
50-Day Avg207.27
200-Day Avg205.74

About

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 Indianapolis, Indiana.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Eli M. Simon
  • Employees3.10K
  • Headquarters225 West Washington Street, Indianapolis, IN, United States, 46204-3438, USA
  • Websitehttps://www.simon.com

Leadership

  • Mr. Eli M. SimonPresident, CEO, COO & Director · b. 1988
  • Mr. Brian J. McDadeExecutive VP & CFO · b. 1979
  • Mr. John RulliChief Administrative Officer · b. 1956
  • Mr. Steven E. Fivel J.D.General Counsel & Secretary · b. 1961
  • Mr. Adam J. ReuilleSenior VP & Chief Accounting Officer · b. 1975
  • Wasif AwanChief Technology Officer
  • Mr. Thomas WardSenior Vice President of Investor Relations · b. 1969
  • Ms. Lee SterlingChief Marketing Officer
  • Tim ChmielewskiChief Human Resources Officer
  • Ms. Victoria J. HanorSenior Executive VP & MD of Luxury Leasing

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue405.90M473.70M557.00M757.30M1.05B1.41B1.94B2.02B2.05B2.05B2.24B2.59B3.17B3.33B3.65B3.78B3.78B3.96B4.31B4.26B4.54B4.87B5.27B5.44B5.53B5.65B5.76B4.61B5.12B5.29B5.66B5.96B6.36B
Growth (%)-+16.70%+17.58%+35.96%+39.20%+33.33%+38.21%+4.02%+1.39%+0.20%+9.23%+15.28%+22.51%+5.22%+9.56%+3.63%-0.21%+4.83%+8.81%-1.17%+6.76%+7.20%+8.12%+3.21%+1.69%+2.13%+1.95%-19.94%+11.05%+3.41%+6.94%+5.39%+6.72%
Cost of Revenue-------1.12B1.16B1.24B1.33B1.57B1.96B2.01B454.51M455.87M425.70M862.65M919.82M800.38M837.95M882.80M960.19M971.15M980.08M1.01B1.02B887.15M971.06M1.00B931.13M1.04B909.14M
Gross Profit405.90M473.70M557.00M757.30M1.05B1.41B1.94B2.02B2.05B2.05B2.24B2.59B3.17B3.33B3.20B3.33B3.35B3.09B3.39B3.46B3.71B3.99B4.31B4.46B4.55B4.64B4.73B3.72B4.15B4.29B4.73B4.92B5.46B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%87.55%87.95%88.72%78.20%78.64%81.19%81.56%81.88%81.77%82.13%82.27%82.15%82.25%80.75%81.02%81.08%83.55%82.50%85.72%
Operating Expense-228.50M-246.80M-289.00M-391.50M577.14M763.35M1.09B1.12B1.22B1.11B1.27B1.53B1.96B2.01B1.66B1.78B1.94B1.35B1.44B1.45B1.52B1.60B1.64B1.74B1.74B1.71B1.82B1.75B1.73B1.71B1.92B1.83B2.28B
Operating Income634.40M720.50M846.00M1.15B477.03M642.21M854.25M900.57M833.42M938.74M974.78M1.05B1.21B1.32B1.54B1.54B1.41B1.75B1.94B2.01B2.19B2.39B2.67B2.72B2.80B2.93B2.91B1.97B2.41B2.58B2.81B3.09B3.18B
Operating Margin156.29%152.10%151.89%151.70%45.25%45.69%43.97%44.57%40.68%45.73%43.47%40.76%38.06%39.62%42.05%40.79%37.26%44.14%45.12%47.14%48.17%48.97%50.68%50.06%50.70%51.84%50.61%42.80%47.16%48.83%49.60%51.86%49.89%
EBITDA636.50M803.70M947.30M1.29B685.57M2.40B3.31B3.51B1.35B3.68B2.75B2.59B2.02B2.18B2.36B2.52B2.38B2.80B3.35B3.95B3.82B3.93B4.32B4.35B4.43B5.02B4.64B3.41B4.46B4.46B4.07B5.02B7.93B
EBITDA Margin156.81%169.66%170.07%170.66%65.03%170.53%170.23%173.68%65.66%179.25%122.45%100.00%63.91%65.32%64.63%66.60%63.14%70.77%77.87%92.77%84.10%80.66%82.08%80.03%80.24%89.01%80.57%74.05%87.14%84.27%71.91%84.14%124.58%
Net Income33.10M45.10M137.20M131.20M137.24M167.30M296.80M334.46M199.15M561.65M313.58M300.65M475.75M563.84M491.24M463.64M309.41M617.04M1.02B1.43B1.32B1.41B1.83B1.84B1.95B2.44B2.10B1.11B2.25B2.14B2.62B2.37B4.61B
Net Income Margin8.15%9.52%24.63%17.32%13.02%11.90%15.28%16.55%9.72%27.36%13.98%11.63%15.02%16.92%13.46%12.26%8.20%15.59%23.80%33.70%29.04%28.92%34.71%33.83%35.24%43.22%36.52%24.15%43.97%40.43%46.25%39.75%72.51%
R&D----------------00000000.320.340.370.350.260.340.370.41--
R&D as % of Total Revenue----------------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%--
Interest Expense33.10M45.10M137.20M131.20M203.20M167.25M579.59M223.34M199.15M422.59M613.67M722.38M745.90M745.02M945.85M947.14M992.07M1.03B983.53M1.07B1.08B992.60M923.70M857.55M809.39M815.92M789.35M784.40M795.71M762.85M854.65M905.80M974.84M
Interest Expense % of Total Revenue8.15%9.52%24.63%17.32%19.28%11.90%29.83%11.05%9.72%20.58%27.37%27.94%23.55%22.36%25.91%25.04%26.28%25.95%22.84%25.10%23.81%20.38%17.54%15.78%14.64%14.45%13.72%17.02%15.55%14.42%15.10%15.19%15.32%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.76B2.28B2.56B5.90B7.66B13.28B13.09B12.87B12.84B14.03B14.57B20.69B21.13B22.08B23.61B23.60B25.95B24.86B26.22B32.59B33.32B29.53B30.65B31.10B32.26B30.69B31.23B34.79B33.78B33.01B34.28B32.41B40.61B
Total Liabilities1.73B2.22B2.32B4.59B6.11B9.87B9.16B10.53B9.63B10.41B11.23B16.05B15.96B16.91B19.00B20.56B20.77B19.22B20.67B25.52B26.31B23.56B25.41B26.01B27.83B26.66B28.10B31.13B29.38B29.19B30.60B28.81B33.90B
Total Equity29.50M57.30M232.90M1.30B1.56B3.41B2.46B2.34B2.24B2.59B2.22B3.26B4.31B3.98B3.56B3.04B4.46B4.83B4.65B5.91B5.85B5.09B5.24B5.10B4.43B4.03B3.13B3.66B3.36B3.14B3.02B2.94B5.21B
Cash-----129.19M157.63M223.11M259.76M397.13M535.62M520.08M337.05M929.36M501.98M773.54M3.96B796.72M798.65M1.18B1.72B612.28M701.13M560.06M1.48B514.34M669.37M1.01B533.94M621.63M1.17B1.40B823.15M
Total Debt1.46B1.94B1.98B3.68B5.08B7.97B8.77B8.73B8.84B9.55B10.27B14.59B14.11B15.39B17.22B18.42B18.63B17.47B18.45B23.11B23.59B20.85B23.30B23.93B25.61B24.06B25.49B27.35B25.83B25.46B26.52B24.78B29.19B
Net Debt1.46B1.94B1.98B3.68B5.08B7.84B8.61B8.51B8.58B9.15B9.73B14.07B13.77B14.47B16.72B17.65B14.67B16.68B17.65B21.93B21.87B20.24B21.80B22.42B23.15B22.79B24.01B26.23B25.29B24.84B25.35B23.38B28.36B

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow7.00M155.20M194.30M236.50M370.90M529.41M627.06M701.52M803.81M882.99M951.97M1.08B1.17B1.27B1.46B1.61B1.72B1.76B2.01B2.51B2.70B2.73B3.02B3.37B3.59B3.75B3.81B2.33B3.64B3.77B3.93B3.81B4.14B
Investing Cash Flow-229.40M-266.80M-222.70M-199.70M-1.24B-2.10B-612.88M-75.94M-279.43M-785.73M-761.66M-2.75B-52.43M-601.85M-2.04B-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-552.76M-626.56M-1.36B1.41B-1.60B
Financing Cash Flow293.60M106.10M-14.10M-35.10M918.30M1.59B14.26M-560.10M-487.73M40.11M-51.81M1.65B-1.30B-79.20M153.80M-313.80M1.88B-3.67B-1.01B1.45B-1.22B-2.94B-1.47B-2.54B-1.91B-4.48B-2.58B1.99B-3.56B-3.05B-2.02B-4.99B-3.11B
Capital Expenditure0098.20M195.80M1.29B2.64B1.35B829.12M565.39M213.99M353.90M549.30M726.39M767.71M1.02B874.29M376.27M256.31M445.50M802.43M841.21M796.74M1.02B798.47M732.10M781.91M876.01M484.12M527.93M650.02M793.28M755.58M934.35M
Free Cash Flow7.00M155.20M96.10M40.70M-914.70M-2.11B-721.21M-127.60M238.43M669.00M598.06M533.55M446.48M505.66M438.27M731.95M1.34B1.50B1.56B1.71B1.86B1.93B2.00B2.57B2.86B2.97B2.93B1.84B3.11B3.12B3.14B3.06B3.20B
Dividends Paid-120.70M177.70M262.50M227.90M436.90M562.99M501.90M563.68M595.87M667.11M745.70M194.70M204.65M1.02B1.08B216.76M919.44M1.24B1.49B1.69B1.60B2.20B2.04B2.23B2.45B2.95B1.66B2.69B2.59B2.44B2.65B3.23B
FCF to OCF100.00%100.00%49.46%17.21%-246.62%-398.29%-115.01%-18.19%29.66%75.77%62.82%49.27%38.07%39.71%30.11%45.57%78.13%85.40%77.79%68.07%68.86%70.82%66.25%76.33%79.63%79.15%76.99%79.19%85.49%82.74%79.82%80.19%77.41%
Dividend Paid to FCF-77.77%184.91%644.96%-24.92%-20.72%-78.06%-393.34%236.42%89.07%111.54%139.76%43.61%40.47%232.89%146.99%16.12%61.34%79.73%86.82%90.90%82.93%109.60%79.15%77.97%82.49%100.60%90.32%86.53%83.18%77.74%86.47%100.97%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999May 9, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000May 9, 2001Aug 8, 2001Nov 8, 2001Feb 7, 2002May 9, 2002Jul 31, 2002Oct 31, 2002Feb 6, 2003May 7, 2003Jul 31, 2003Oct 30, 2003Feb 5, 2004May 6, 2004Jul 29, 2004Oct 27, 2004Feb 10, 2005Apr 28, 2005Jul 28, 2005Oct 27, 2005Feb 6, 2006Apr 28, 2006Jul 31, 2006Oct 30, 2006Feb 2, 2007Apr 27, 2007Jul 30, 2007Oct 29, 2007Feb 1, 2008Apr 29, 2008Jul 28, 2008Nov 3, 2008Jan 30, 2009May 1, 2009Aug 4, 2009Oct 30, 2009Feb 5, 2010Apr 30, 2010Jul 30, 2010Nov 1, 2010Feb 4, 2011Apr 29, 2011Jul 26, 2011Oct 25, 2011Feb 3, 2012Apr 27, 2012Jul 24, 2012Oct 25, 2012Feb 4, 2013Apr 26, 2013Jul 29, 2013Oct 25, 2013Jan 31, 2014Apr 22, 2014Jul 23, 2014Oct 22, 2014Jan 30, 2015Apr 24, 2015Jul 24, 2015Oct 27, 2015Jan 29, 2016Apr 26, 2016Jul 27, 2016Oct 26, 2016Jan 31, 2017Apr 27, 2017Aug 1, 2017Oct 27, 2017Jan 31, 2018Apr 27, 2018Jul 30, 2018Oct 25, 2018Feb 1, 2019Apr 30, 2019Jul 31, 2019Oct 30, 2019Feb 4, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Feb 8, 2021May 10, 2021Aug 2, 2021Nov 1, 2021Feb 7, 2022May 9, 2022Aug 1, 2022Nov 1, 2022Feb 6, 2023May 2, 2023Aug 2, 2023Oct 30, 2023Feb 5, 2024May 6, 2024Aug 5, 2024Nov 1, 2024Feb 4, 2025May 12, 2025Aug 4, 2025Nov 3, 2025Feb 2, 2026May 11, 2026Aug 10, 2026Nov 2, 2026Nov 5, 2026
EPS Estimate--------0.71---0.150.010.260.59-0.240.330.560.200.280.370.700.281.000.320.750.140.230.170.580.220.260.300.560.340.410.420.640.330.410.500.830.250.330.350.520.330.470.500.780.520.590.690.910.670.710.781.020.790.870.941.231.000.980.991.391.141.261.331.541.321.481.531.821.521.581.621.791.541.641.741.901.651.691.721.551.610.940.961.071.141.041.081.451.291.561.541.771.351.461.471.841.481.441.531.851.441.611.681.971.493.183.323.32
EPS Actual0.210.240.240.410.210.220.230.280.230.240.240.430.180.200.200.240.170.930.320.540.280.250.280.610.230.320.340.530.210.260.330.500.400.350.410.880.420.260.710.490.370.390.480.610.440.350.380.320.510.520.620.760.610.700.660.810.510.710.850.940.850.750.971.231.101.341.101.291.161.521.361.601.551.451.611.641.531.591.651.841.621.771.801.911.781.601.771.991.430.830.480.911.091.561.181.521.211.621.431.461.381.491.191.550.841.511.461.791.451.361.601.041.223.29--
Surprise---------67.61%---20.00%1900.00%-23.08%-59.32%-287.50%-3.03%-3.57%40.00%-10.71%-24.32%-12.86%-17.86%-68.00%6.25%-29.33%50.00%13.04%94.12%-13.79%81.82%34.62%36.67%57.14%23.53%-36.59%69.05%-23.44%12.12%-4.88%-4.00%-26.51%76.00%6.06%8.57%-38.46%54.55%10.64%24.00%-2.56%17.31%18.64%-4.35%-10.99%-23.88%0.00%8.97%-7.84%7.59%-13.79%3.19%0.00%10.00%36.73%11.11%-7.19%1.75%20.63%2.26%3.90%17.42%-2.03%5.23%-9.89%0.66%0.63%1.85%2.79%5.19%7.93%3.45%0.53%7.88%-5.33%2.91%28.39%-11.18%-11.70%-50.00%-14.95%-4.39%50.00%9.26%4.83%-6.20%3.85%-7.14%-17.51%2.22%2.05%-19.05%-15.76%-43.24%4.86%-4.58%-3.24%0.69%-15.53%-4.76%-47.21%-18.12%3.46%--
Timing--------Pre-market---Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap81.89B
Enterprise Value96.80B
Trailing P/E14.91
Forward P/E31.75
PEG Ratio8.74
Price / Sales11.80
Price / Book15.55
EPS14.47
Book Value13.58
Revenue (TTM)6.94B
Gross Profit (TTM)5.65B
EBITDA5.13B
Profit Margin66.57%
Operating Margin46.02%
Return on Equity120.51%
Return on Assets5.63%
Shares Outstanding323.55M
Shares Float319.85M
Beta1.33
Dividend Yield4.21%
Dividend Rate8.90
Payout Ratio124.48%

Analyst Ratings

Buy
Based on 21 analystsTarget 228.89
  • Strong Buy
    5
  • Buy
    1
  • Hold
    15

Ownership Breakdown

Institutions
95.84%
Insiders
1.80%
Retail / Other
2.36%

Top Institutional Holders

  • BlackRock Inc
    37.27M11.52%
  • Vanguard Portfolio Management, LLC
    27.88M8.62%
  • Vanguard Capital Management, LLC
    20.63M6.38%
  • State Street Corp
    20.36M6.29%
  • Geode Capital Management, LLC
    11.34M3.50%
  • Capital World Investors
    10.52M3.25%
  • Wellington Management Company LLP
    9.39M2.90%
  • Bank of America Corp
    8.25M2.55%
  • Cohen & Steers Inc
    5.87M1.81%
  • Morgan Stanley - Brokerage Accounts
    5.57M1.72%
  • FMR Inc
    5.56M1.72%
  • Northern Trust Corp
    5.07M1.57%
  • Dimensional Fund Advisors, Inc.
    4.55M1.41%
  • Charles Schwab Investment Management Inc
    4.53M1.40%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    12.28M3.80%
  • Vanguard MStar Total Stk Mkt Idx Invest
    9.75M3.01%
  • Vanguard 500 Index Investor
    8.50M2.63%
  • American Funds Income Fd of Amer A
    7.25M2.24%
  • Vanguard MStar Mid Cap Index Instl
    6.58M2.03%
  • Vanguard Wellington Inv
    5.09M1.57%

Dividends

20263×
2.25Sep 9, 20262.25Jun 9, 20262.20Mar 10, 2026
20254×
2.20Dec 10, 20252.15Sep 9, 20252.10Jun 9, 20252.10Mar 10, 2025
20244×
2.10Dec 9, 20242.05Sep 9, 20242.00Jun 7, 20241.95Mar 7, 2024
20234×
1.90Dec 7, 20231.90Sep 7, 20231.85Jun 8, 20231.80Mar 9, 2023
20224×
1.80Dec 8, 20221.75Sep 8, 20221.70Jun 8, 20221.65Mar 9, 2022
20214×
1.65Dec 9, 20211.50Sep 8, 20211.40Jul 1, 20211.30Apr 8, 2021
20201×
1.30Dec 23, 2020

Stock Splits

  • May 29, 20141063:1000
  • Nov 12, 200910063:10000
  • Aug 13, 2009100722:100000