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Side-by-side financial comparison of Bloomin' Brands, Inc. (BLMN) 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 $975.2M, roughly 1.8× Bloomin' Brands, Inc.). Simon Property Group runs the higher net margin — 197.6% vs -1.4%, a 199.0% gap on every dollar of revenue. On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs 0.3%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $63.7M). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% CAGR vs -4.5%).

Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered.

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.

BLMN vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.8× larger
SPG
$1.8B
$975.2M
BLMN
Growing faster (revenue YoY)
SPG
SPG
+12.9% gap
SPG
13.2%
0.3%
BLMN
Higher net margin
SPG
SPG
199.0% more per $
SPG
197.6%
-1.4%
BLMN
More free cash flow
SPG
SPG
$885.2M more FCF
SPG
$948.8M
$63.7M
BLMN
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
-4.5%
BLMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLMN
BLMN
SPG
SPG
Revenue
$975.2M
$1.8B
Net Profit
$-13.5M
$3.5B
Gross Margin
70.2%
Operating Margin
-1.4%
49.7%
Net Margin
-1.4%
197.6%
Revenue YoY
0.3%
13.2%
Net Profit YoY
83.0%
358.7%
EPS (diluted)
$-0.16
$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
BLMN
BLMN
SPG
SPG
Q4 25
$975.2M
$1.8B
Q3 25
$928.8M
$1.6B
Q2 25
$1.0B
$1.5B
Q1 25
$1.0B
$1.5B
Q4 24
$972.0M
$1.6B
Q3 24
$910.0M
$1.5B
Q2 24
$999.4M
$1.5B
Q1 24
$1.1B
$1.4B
Net Profit
BLMN
BLMN
SPG
SPG
Q4 25
$-13.5M
$3.5B
Q3 25
$-45.9M
$702.7M
Q2 25
$25.4M
$643.7M
Q1 25
$42.2M
$477.9M
Q4 24
$-79.5M
$771.8M
Q3 24
$6.9M
$546.7M
Q2 24
$28.4M
$569.4M
Q1 24
$-83.9M
$841.2M
Gross Margin
BLMN
BLMN
SPG
SPG
Q4 25
70.2%
Q3 25
70.4%
Q2 25
70.2%
Q1 25
70.1%
Q4 24
71.6%
Q3 24
71.3%
Q2 24
70.5%
Q1 24
70.5%
Operating Margin
BLMN
BLMN
SPG
SPG
Q4 25
-1.4%
49.7%
Q3 25
-3.9%
50.8%
Q2 25
3.0%
49.7%
Q1 25
5.5%
49.4%
Q4 24
1.7%
52.8%
Q3 24
0.9%
51.9%
Q2 24
4.4%
51.7%
Q1 24
6.6%
51.0%
Net Margin
BLMN
BLMN
SPG
SPG
Q4 25
-1.4%
197.6%
Q3 25
-4.9%
43.9%
Q2 25
2.5%
43.0%
Q1 25
4.0%
32.4%
Q4 24
-8.2%
48.8%
Q3 24
0.8%
36.9%
Q2 24
2.8%
39.0%
Q1 24
-7.8%
58.3%
EPS (diluted)
BLMN
BLMN
SPG
SPG
Q4 25
$-0.16
$9.34
Q3 25
$-0.54
$1.86
Q2 25
$0.30
$1.70
Q1 25
$0.50
$1.27
Q4 24
$-0.93
$2.04
Q3 24
$0.08
$1.46
Q2 24
$0.32
$1.51
Q1 24
$-0.96
$2.25

Balance Sheet & Financial Strength

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

Metric
BLMN
BLMN
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$59.5M
$823.1M
Total DebtLower is stronger
$787.4M
$28.4B
Stockholders' EquityBook value
$333.6M
$5.2B
Total Assets
$3.2B
$40.6B
Debt / EquityLower = less leverage
2.36×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLMN
BLMN
SPG
SPG
Q4 25
$59.5M
$823.1M
Q3 25
$66.5M
$1.6B
Q2 25
$50.3M
$1.2B
Q1 25
$57.7M
$1.4B
Q4 24
$70.1M
$1.4B
Q3 24
$83.6M
$2.5B
Q2 24
$117.9M
$2.5B
Q1 24
$131.7M
$2.6B
Total Debt
BLMN
BLMN
SPG
SPG
Q4 25
$787.4M
$28.4B
Q3 25
$962.2M
$25.8B
Q2 25
$917.1M
$25.4B
Q1 25
$917.6M
$24.8B
Q4 24
$1.0B
$24.3B
Q3 24
$1.1B
$25.4B
Q2 24
$1.0B
$25.3B
Q1 24
$951.8M
$25.5B
Stockholders' Equity
BLMN
BLMN
SPG
SPG
Q4 25
$333.6M
$5.2B
Q3 25
$344.1M
$2.3B
Q2 25
$397.2M
$2.5B
Q1 25
$380.6M
$2.6B
Q4 24
$135.5M
$2.9B
Q3 24
$242.1M
$2.7B
Q2 24
$286.8M
$2.9B
Q1 24
$302.7M
$3.1B
Total Assets
BLMN
BLMN
SPG
SPG
Q4 25
$3.2B
$40.6B
Q3 25
$3.3B
$33.6B
Q2 25
$3.3B
$33.3B
Q1 25
$3.3B
$32.5B
Q4 24
$3.4B
$32.4B
Q3 24
$3.4B
$33.3B
Q2 24
$3.4B
$33.4B
Q1 24
$3.4B
$33.7B
Debt / Equity
BLMN
BLMN
SPG
SPG
Q4 25
2.36×
5.46×
Q3 25
2.80×
10.98×
Q2 25
2.31×
10.36×
Q1 25
2.41×
9.50×
Q4 24
7.58×
8.25×
Q3 24
4.51×
9.37×
Q2 24
3.49×
8.59×
Q1 24
3.14×
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
BLMN
BLMN
SPG
SPG
Operating Cash FlowLast quarter
$119.1M
$1.2B
Free Cash FlowOCF − Capex
$63.7M
$948.8M
FCF MarginFCF / Revenue
6.5%
53.0%
Capex IntensityCapex / Revenue
5.7%
14.2%
Cash ConversionOCF / Net Profit
0.34×
TTM Free Cash FlowTrailing 4 quarters
$96.8M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLMN
BLMN
SPG
SPG
Q4 25
$119.1M
$1.2B
Q3 25
$34.4M
$890.3M
Q2 25
$49.7M
$1.2B
Q1 25
$73.5M
$827.2M
Q4 24
$119.8M
$1.1B
Q3 24
$-7.8M
$892.9M
Q2 24
$42.4M
$1.1B
Q1 24
$73.8M
$773.1M
Free Cash Flow
BLMN
BLMN
SPG
SPG
Q4 25
$63.7M
$948.8M
Q3 25
$-5.7M
$685.0M
Q2 25
$11.1M
$971.3M
Q1 25
$27.7M
$597.0M
Q4 24
$66.7M
$867.7M
Q3 24
$-67.3M
$706.5M
Q2 24
$-12.1M
$874.8M
Q1 24
$20.0M
$610.1M
FCF Margin
BLMN
BLMN
SPG
SPG
Q4 25
6.5%
53.0%
Q3 25
-0.6%
42.8%
Q2 25
1.1%
64.8%
Q1 25
2.6%
40.5%
Q4 24
6.9%
54.8%
Q3 24
-7.4%
47.7%
Q2 24
-1.2%
60.0%
Q1 24
1.9%
42.3%
Capex Intensity
BLMN
BLMN
SPG
SPG
Q4 25
5.7%
14.2%
Q3 25
4.3%
12.8%
Q2 25
3.8%
16.3%
Q1 25
4.4%
15.6%
Q4 24
5.5%
13.8%
Q3 24
6.5%
12.6%
Q2 24
5.5%
12.9%
Q1 24
5.0%
11.3%
Cash Conversion
BLMN
BLMN
SPG
SPG
Q4 25
0.34×
Q3 25
1.27×
Q2 25
1.95×
1.89×
Q1 25
1.74×
1.73×
Q4 24
1.41×
Q3 24
-1.13×
1.63×
Q2 24
1.49×
1.87×
Q1 24
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLMN
BLMN

Food And Beverage$958.0M98%
Franchiseand Other Revenue$17.2M2%
International Franchise Segment$7.8M1%

SPG
SPG

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

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