Simon Property GroupSPGEarnings & Financial Report
Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.
Revenue
$1.4B
Gross Profit
N/A
Operating Profit
$735.2M
Net Profit
$841.2M
Gross Margin
N/A
Operating Margin
51.0%
Net Margin
58.3%
YoY Growth
6.8%
EPS
$2.25
Simon Property Group Q1 FY2024 Financial Summary
Simon Property Group reported revenue of $1.4B (up 6.8% YoY) for Q1 FY2024, with a net profit of $841.2M (up 62.0% YoY) (58.3% margin).
Key Financial Metrics
| Total Revenue | $1.4B |
|---|---|
| Net Profit | $841.2M |
| Gross Margin | N/A |
| Operating Margin | 51.0% |
| Report Period | Q1 FY2024 |
Simon Property Group Annual Revenue by Year
Simon Property Group annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $6.4B |
| 2024 | $6.0B |
| 2023 | $5.7B |
| 2022 | $5.3B |
Simon Property Group Quarterly Revenue & Net Profit History
Simon Property Group results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.8B | +13.2% | $3.5B | 197.6% |
| Q3 FY2025 | $1.6B | +8.2% | $702.7M | 43.9% |
| Q2 FY2025 | $1.5B | +2.8% | $643.7M | 43.0% |
| Q1 FY2025 | $1.5B | +2.1% | $477.9M | 32.4% |
| Q4 FY2024 | $1.6B | +3.6% | $771.8M | 48.8% |
| Q3 FY2024 | $1.5B | +4.9% | $546.7M | 36.9% |
| Q2 FY2024 | $1.5B | +6.5% | $569.4M | 39.0% |
| Q1 FY2024 | $1.4B | +6.8% | $841.2M | 58.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.44B | $1.46B | $1.48B | $1.58B | $1.47B | $1.50B | $1.60B | $1.79B |
| YoY Growth | 6.8% | 6.5% | 4.9% | 3.6% | 2.1% | 2.8% | 8.2% | 13.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $33.70B | $33.38B | $33.28B | $32.41B | $32.50B | $33.30B | $33.60B | $40.61B |
| Liabilities | $29.93B | $29.79B | $29.95B | $28.81B | $29.23B | $30.20B | $30.63B | $33.90B |
| Equity | $3.11B | $2.94B | $2.71B | $2.94B | $2.61B | $2.45B | $2.35B | $5.21B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $773.1M | $1.06B | $892.9M | $1.09B | $827.2M | $1.22B | $890.3M | $1.20B |