Companies / Real Estate
SPG
Simon Property Group
Retail REITs
Retail REITsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health69
Growth47
Profitability100
Cash generationn/a
Balance sheetn/a
Dilution control61
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)13.3%Revenue growth (FY)6.7%Revenue CAGR (3y)6.3%Gross margin—Operating margin49.9%Net margin84.3%Free cash flow margin50.3%R&D / revenue—Stock comp / revenue—Net debt / operating cash flow6.67xCurrent ratio—Diluted share count change0.1%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.3B | $5.7B | $6.0B | $6.4B |
| Operating income | $2.4B | $2.6B | $2.8B | $3.1B | $3.2B |
| Net income | $2.6B | $2.5B | $2.6B | $2.7B | $5.4B |
| Operating cash flow | $3.6B | $3.8B | $3.9B | $3.8B | $4.1B |
| Capital expenditure | $528M | $650M | $793M | $756M | $934M |
| Free cash flow | $3.1B | $3.1B | $3.1B | $3.1B | $3.2B |
| Buybacks | — | $180M | $141M | — | $227M |
| Cash | $534M | $622M | $1.2B | $1.4B | $823M |
| Total debt | $25.3B | $25.0B | $26.0B | $24.3B | $28.4B |
| Equity | $3.4B | $3.1B | $3.0B | $2.9B | $5.2B |
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