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Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) 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 $1.2B, roughly 1.5× CIVITAS RESOURCES, INC.). On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs -8.2%). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% CAGR vs 1.8%).

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

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.

CIVI vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.5× larger
SPG
$1.8B
$1.2B
CIVI
Growing faster (revenue YoY)
SPG
SPG
+21.4% gap
SPG
13.2%
-8.2%
CIVI
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
1.8%
CIVI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CIVI
CIVI
SPG
SPG
Revenue
$1.2B
$1.8B
Net Profit
$3.5B
Gross Margin
Operating Margin
20.0%
49.7%
Net Margin
197.6%
Revenue YoY
-8.2%
13.2%
Net Profit YoY
358.7%
EPS (diluted)
$1.99
$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
CIVI
CIVI
SPG
SPG
Q4 25
$1.8B
Q3 25
$1.2B
$1.6B
Q2 25
$1.1B
$1.5B
Q1 25
$1.2B
$1.5B
Q4 24
$1.3B
$1.6B
Q3 24
$1.3B
$1.5B
Q2 24
$1.3B
$1.5B
Q1 24
$1.3B
$1.4B
Net Profit
CIVI
CIVI
SPG
SPG
Q4 25
$3.5B
Q3 25
$702.7M
Q2 25
$643.7M
Q1 25
$477.9M
Q4 24
$771.8M
Q3 24
$546.7M
Q2 24
$569.4M
Q1 24
$841.2M
Operating Margin
CIVI
CIVI
SPG
SPG
Q4 25
49.7%
Q3 25
20.0%
50.8%
Q2 25
15.3%
49.7%
Q1 25
20.7%
49.4%
Q4 24
15.4%
52.8%
Q3 24
30.6%
51.9%
Q2 24
21.6%
51.7%
Q1 24
15.9%
51.0%
Net Margin
CIVI
CIVI
SPG
SPG
Q4 25
197.6%
Q3 25
43.9%
Q2 25
43.0%
Q1 25
32.4%
Q4 24
48.8%
Q3 24
36.9%
Q2 24
39.0%
Q1 24
58.3%
EPS (diluted)
CIVI
CIVI
SPG
SPG
Q4 25
$9.34
Q3 25
$1.99
$1.86
Q2 25
$1.34
$1.70
Q1 25
$1.99
$1.27
Q4 24
$1.56
$2.04
Q3 24
$3.01
$1.46
Q2 24
$2.15
$1.51
Q1 24
$1.74
$2.25

Balance Sheet & Financial Strength

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

Metric
CIVI
CIVI
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$56.0M
$823.1M
Total DebtLower is stronger
$5.1B
$28.4B
Stockholders' EquityBook value
$6.7B
$5.2B
Total Assets
$15.1B
$40.6B
Debt / EquityLower = less leverage
0.77×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
SPG
SPG
Q4 25
$823.1M
Q3 25
$56.0M
$1.6B
Q2 25
$69.0M
$1.2B
Q1 25
$20.0M
$1.4B
Q4 24
$76.0M
$1.4B
Q3 24
$47.1M
$2.5B
Q2 24
$91.9M
$2.5B
Q1 24
$52.1M
$2.6B
Total Debt
CIVI
CIVI
SPG
SPG
Q4 25
$28.4B
Q3 25
$5.1B
$25.8B
Q2 25
$5.4B
$25.4B
Q1 25
$5.1B
$24.8B
Q4 24
$4.5B
$24.3B
Q3 24
$4.8B
$25.4B
Q2 24
$4.9B
$25.3B
Q1 24
$4.4B
$25.5B
Stockholders' Equity
CIVI
CIVI
SPG
SPG
Q4 25
$5.2B
Q3 25
$6.7B
$2.3B
Q2 25
$6.8B
$2.5B
Q1 25
$6.7B
$2.6B
Q4 24
$6.6B
$2.9B
Q3 24
$6.7B
$2.7B
Q2 24
$6.6B
$2.9B
Q1 24
$6.6B
$3.1B
Total Assets
CIVI
CIVI
SPG
SPG
Q4 25
$40.6B
Q3 25
$15.1B
$33.6B
Q2 25
$15.4B
$33.3B
Q1 25
$15.3B
$32.5B
Q4 24
$14.9B
$32.4B
Q3 24
$15.0B
$33.3B
Q2 24
$15.0B
$33.4B
Q1 24
$15.1B
$33.7B
Debt / Equity
CIVI
CIVI
SPG
SPG
Q4 25
5.46×
Q3 25
0.77×
10.98×
Q2 25
0.79×
10.36×
Q1 25
0.76×
9.50×
Q4 24
0.68×
8.25×
Q3 24
0.73×
9.37×
Q2 24
0.74×
8.59×
Q1 24
0.67×
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
CIVI
CIVI
SPG
SPG
Operating Cash FlowLast quarter
$860.0M
$1.2B
Free Cash FlowOCF − Capex
$948.8M
FCF MarginFCF / Revenue
53.0%
Capex IntensityCapex / Revenue
14.2%
Cash ConversionOCF / Net Profit
0.34×
TTM Free Cash FlowTrailing 4 quarters
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
SPG
SPG
Q4 25
$1.2B
Q3 25
$860.0M
$890.3M
Q2 25
$298.0M
$1.2B
Q1 25
$719.0M
$827.2M
Q4 24
$858.2M
$1.1B
Q3 24
$835.0M
$892.9M
Q2 24
$359.0M
$1.1B
Q1 24
$813.0M
$773.1M
Free Cash Flow
CIVI
CIVI
SPG
SPG
Q4 25
$948.8M
Q3 25
$685.0M
Q2 25
$971.3M
Q1 25
$597.0M
Q4 24
$867.7M
Q3 24
$706.5M
Q2 24
$874.8M
Q1 24
$610.1M
FCF Margin
CIVI
CIVI
SPG
SPG
Q4 25
53.0%
Q3 25
42.8%
Q2 25
64.8%
Q1 25
40.5%
Q4 24
54.8%
Q3 24
47.7%
Q2 24
60.0%
Q1 24
42.3%
Capex Intensity
CIVI
CIVI
SPG
SPG
Q4 25
14.2%
Q3 25
12.8%
Q2 25
16.3%
Q1 25
15.6%
Q4 24
13.8%
Q3 24
12.6%
Q2 24
12.9%
Q1 24
11.3%
Cash Conversion
CIVI
CIVI
SPG
SPG
Q4 25
0.34×
Q3 25
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

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

SPG
SPG

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

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