Simon Property Group Financial Statements
NYSE: SPGReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Simon Property Group revenue and earnings
In fiscal 2025, Simon Property Group generated $6.36 billion in revenue, up 6.7% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $5.36 billion (+96.6% year over year), for a net margin of 84.3% versus a median of 46.2% in the prior 5 years. Operating margin was 49.9%.
Diluted earnings per share came in at $14.17, up from $7.26. Over the last 5 fiscal years, SPG's revenue has grown at a 6.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Simon Property Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.36B | 5.96B | 5.66B | 5.29B | 5.12B | 4.61B | 5.76B | 5.65B | 5.53B | 5.44B |
| Revenue growth (YoY) | +6.72% | +5.39% | +6.94% | +3.41% | +11.05% | -19.94% | +1.95% | +2.13% | +1.69% | +3.21% |
| Operating Income | 3.18B | 3.09B | 2.81B | 2.58B | 2.41B | 1.97B | 2.91B | 2.93B | 2.80B | 2.72B |
| Interest Expense | 974.84M | 905.80M | 854.65M | 761.25M | 795.71M | 784.40M | 789.35M | 815.92M | 809.39M | 857.55M |
| Income Tax | 20.28M | 9.31M | 68.81M | — | — | — | — | — | — | — |
| Net Income | 5.36B | 2.73B | 2.62B | 2.45B | 2.57B | 1.28B | 2.42B | 2.82B | 2.24B | 2.13B |
| Net Income growth (YoY) | +96.56% | +4.28% | +6.71% | -4.53% | +101.10% | -47.29% | -14.14% | +25.72% | +5.16% | -0.22% |
| EPS (Basic) | 14.17 | 7.26 | 6.98 | 6.52 | 6.84 | 3.59 | 6.81 | 7.87 | 6.24 | 5.87 |
| EPS (Diluted) | 14.17 | 7.26 | 6.98 | 6.52 | 6.84 | 3.59 | 6.81 | 7.87 | 6.24 | 5.87 |
| Shares Outstanding (Basic) | 326.37M | 326.10M | 326.81M | 327.82M | 328.59M | 308.74M | 307.95M | 309.63M | 311.52M | 312.69M |
| Shares Outstanding (Diluted) | 326.37M | 326.10M | 326.81M | 327.82M | 328.59M | 308.74M | 307.95M | 309.63M | 311.52M | 312.69M |
| EBITDA | 4.60B | 4.36B | 4.07B | 3.81B | 3.68B | 3.29B | 4.25B | 4.21B | 4.08B | 3.97B |
| Operating Margin | 49.89% | 51.86% | 49.60% | 48.83% | 47.16% | 42.80% | 50.61% | 51.84% | 50.70% | 50.06% |
| Net Margin | 84.28% | 45.76% | 46.25% | 46.35% | 50.20% | 27.72% | 42.10% | 49.99% | 40.61% | 39.28% |
This table shows 10 annual periods of Simon Property Group's income statement, from FY 2025 back to FY 2016, across 12 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow SPG's reporting calendar. What is a income statement?