vs

Side-by-side financial comparison of Advantage Solutions Inc. (ADV) and Simon Property Group (SPG). Click either name above to swap in a different company.

Simon Property Group is the larger business by last-quarter revenue ($1.8B vs $932.1M, roughly 1.9× Advantage Solutions Inc.). Simon Property Group runs the higher net margin — 197.6% vs -17.4%, a 214.9% gap on every dollar of revenue. On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs 4.5%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $23.4M). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% CAGR vs 4.0%).

LexisNexis Risk Solutions is a global data and analytics company that provides data and technology services, analytics, predictive insights, and fraud prevention for a wide range of industries. It is headquartered in Alpharetta, Georgia, and has offices throughout the U.S. and in Australia, Brazil, China, France, Hong Kong, India, Ireland, Israel, the Philippines, and the United Kingdom.

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.

ADV vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.9× larger
SPG
$1.8B
$932.1M
ADV
Growing faster (revenue YoY)
SPG
SPG
+8.8% gap
SPG
13.2%
4.5%
ADV
Higher net margin
SPG
SPG
214.9% more per $
SPG
197.6%
-17.4%
ADV
More free cash flow
SPG
SPG
$925.4M more FCF
SPG
$948.8M
$23.4M
ADV
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
4.0%
ADV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADV
ADV
SPG
SPG
Revenue
$932.1M
$1.8B
Net Profit
$-161.7M
$3.5B
Gross Margin
Operating Margin
-17.4%
49.7%
Net Margin
-17.4%
197.6%
Revenue YoY
4.5%
13.2%
Net Profit YoY
9.2%
358.7%
EPS (diluted)
$9.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADV
ADV
SPG
SPG
Q4 25
$932.1M
$1.8B
Q3 25
$915.0M
$1.6B
Q2 25
$873.7M
$1.5B
Q1 25
$821.8M
$1.5B
Q4 24
$892.3M
$1.6B
Q3 24
$939.3M
$1.5B
Q2 24
$873.4M
$1.5B
Q1 24
$861.4M
$1.4B
Net Profit
ADV
ADV
SPG
SPG
Q4 25
$-161.7M
$3.5B
Q3 25
$20.6M
$702.7M
Q2 25
$-30.4M
$643.7M
Q1 25
$-56.1M
$477.9M
Q4 24
$-178.0M
$771.8M
Q3 24
$-42.8M
$546.7M
Q2 24
$-100.8M
$569.4M
Q1 24
$-5.3M
$841.2M
Operating Margin
ADV
ADV
SPG
SPG
Q4 25
-17.4%
49.7%
Q3 25
4.4%
50.8%
Q2 25
1.1%
49.7%
Q1 25
-1.8%
49.4%
Q4 24
-19.1%
52.8%
Q3 24
-0.3%
51.9%
Q2 24
-10.4%
51.7%
Q1 24
-3.5%
51.0%
Net Margin
ADV
ADV
SPG
SPG
Q4 25
-17.4%
197.6%
Q3 25
2.2%
43.9%
Q2 25
-3.5%
43.0%
Q1 25
-6.8%
32.4%
Q4 24
-20.0%
48.8%
Q3 24
-4.6%
36.9%
Q2 24
-11.5%
39.0%
Q1 24
-0.6%
58.3%
EPS (diluted)
ADV
ADV
SPG
SPG
Q4 25
$9.34
Q3 25
$1.86
Q2 25
$1.70
Q1 25
$1.27
Q4 24
$2.04
Q3 24
$-0.13
$1.46
Q2 24
$-0.31
$1.51
Q1 24
$-0.02
$2.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADV
ADV
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$240.8M
$823.1M
Total DebtLower is stronger
$1.7B
$28.4B
Stockholders' EquityBook value
$554.0M
$5.2B
Total Assets
$2.8B
$40.6B
Debt / EquityLower = less leverage
3.05×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADV
ADV
SPG
SPG
Q4 25
$240.8M
$823.1M
Q3 25
$201.1M
$1.6B
Q2 25
$102.9M
$1.2B
Q1 25
$121.1M
$1.4B
Q4 24
$205.2M
$1.4B
Q3 24
$196.1M
$2.5B
Q2 24
$154.0M
$2.5B
Q1 24
$112.3M
$2.6B
Total Debt
ADV
ADV
SPG
SPG
Q4 25
$1.7B
$28.4B
Q3 25
$25.8B
Q2 25
$25.4B
Q1 25
$24.8B
Q4 24
$1.7B
$24.3B
Q3 24
$25.4B
Q2 24
$25.3B
Q1 24
$25.5B
Stockholders' Equity
ADV
ADV
SPG
SPG
Q4 25
$554.0M
$5.2B
Q3 25
$708.5M
$2.3B
Q2 25
$683.6M
$2.5B
Q1 25
$695.6M
$2.6B
Q4 24
$748.7M
$2.9B
Q3 24
$932.5M
$2.7B
Q2 24
$973.7M
$2.9B
Q1 24
$1.1B
$3.1B
Total Assets
ADV
ADV
SPG
SPG
Q4 25
$2.8B
$40.6B
Q3 25
$3.0B
$33.6B
Q2 25
$3.0B
$33.3B
Q1 25
$3.0B
$32.5B
Q4 24
$3.1B
$32.4B
Q3 24
$3.4B
$33.3B
Q2 24
$3.5B
$33.4B
Q1 24
$3.6B
$33.7B
Debt / Equity
ADV
ADV
SPG
SPG
Q4 25
3.05×
5.46×
Q3 25
10.98×
Q2 25
10.36×
Q1 25
9.50×
Q4 24
2.30×
8.25×
Q3 24
9.37×
Q2 24
8.59×
Q1 24
8.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADV
ADV
SPG
SPG
Operating Cash FlowLast quarter
$45.6M
$1.2B
Free Cash FlowOCF − Capex
$23.4M
$948.8M
FCF MarginFCF / Revenue
2.5%
53.0%
Capex IntensityCapex / Revenue
2.4%
14.2%
Cash ConversionOCF / Net Profit
0.34×
TTM Free Cash FlowTrailing 4 quarters
$10.7M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADV
ADV
SPG
SPG
Q4 25
$45.6M
$1.2B
Q3 25
$63.6M
$890.3M
Q2 25
$-8.1M
$1.2B
Q1 25
$-39.6M
$827.2M
Q4 24
$15.1M
$1.1B
Q3 24
$34.0M
$892.9M
Q2 24
$53.4M
$1.1B
Q1 24
$-9.4M
$773.1M
Free Cash Flow
ADV
ADV
SPG
SPG
Q4 25
$23.4M
$948.8M
Q3 25
$52.2M
$685.0M
Q2 25
$-10.2M
$971.3M
Q1 25
$-54.7M
$597.0M
Q4 24
$-27.4M
$867.7M
Q3 24
$8.6M
$706.5M
Q2 24
$43.8M
$874.8M
Q1 24
$-24.8M
$610.1M
FCF Margin
ADV
ADV
SPG
SPG
Q4 25
2.5%
53.0%
Q3 25
5.7%
42.8%
Q2 25
-1.2%
64.8%
Q1 25
-6.7%
40.5%
Q4 24
-3.1%
54.8%
Q3 24
0.9%
47.7%
Q2 24
5.0%
60.0%
Q1 24
-2.9%
42.3%
Capex Intensity
ADV
ADV
SPG
SPG
Q4 25
2.4%
14.2%
Q3 25
1.3%
12.8%
Q2 25
0.2%
16.3%
Q1 25
1.8%
15.6%
Q4 24
4.8%
13.8%
Q3 24
2.7%
12.6%
Q2 24
1.1%
12.9%
Q1 24
1.8%
11.3%
Cash Conversion
ADV
ADV
SPG
SPG
Q4 25
0.34×
Q3 25
3.09×
1.27×
Q2 25
1.89×
Q1 25
1.73×
Q4 24
1.41×
Q3 24
1.63×
Q2 24
1.87×
Q1 24
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADV
ADV

Experiential Services$395.9M42%
Branded Services$289.8M31%
Retailer Services$246.5M26%

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

Related Comparisons