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Side-by-side financial comparison of Permian Resources Corp (PR) 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× Permian Resources Corp). Simon Property Group runs the higher net margin — 197.6% vs 29.0%, a 168.6% gap on every dollar of revenue. On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs -9.8%). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% CAGR vs -3.0%).

Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. In May 2024, the company was acquired by ExxonMobil.

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.

PR vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.5× larger
SPG
$1.8B
$1.2B
PR
Growing faster (revenue YoY)
SPG
SPG
+23.0% gap
SPG
13.2%
-9.8%
PR
Higher net margin
SPG
SPG
168.6% more per $
SPG
197.6%
29.0%
PR
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
-3.0%
PR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PR
PR
SPG
SPG
Revenue
$1.2B
$1.8B
Net Profit
$339.5M
$3.5B
Gross Margin
Operating Margin
23.1%
49.7%
Net Margin
29.0%
197.6%
Revenue YoY
-9.8%
13.2%
Net Profit YoY
56.7%
358.7%
EPS (diluted)
$0.48
$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
PR
PR
SPG
SPG
Q4 25
$1.2B
$1.8B
Q3 25
$1.3B
$1.6B
Q2 25
$1.2B
$1.5B
Q1 25
$1.4B
$1.5B
Q4 24
$1.3B
$1.6B
Q3 24
$1.2B
$1.5B
Q2 24
$1.2B
$1.5B
Q1 24
$1.2B
$1.4B
Net Profit
PR
PR
SPG
SPG
Q4 25
$339.5M
$3.5B
Q3 25
$59.2M
$702.7M
Q2 25
$207.1M
$643.7M
Q1 25
$329.3M
$477.9M
Q4 24
$216.7M
$771.8M
Q3 24
$386.4M
$546.7M
Q2 24
$235.1M
$569.4M
Q1 24
$146.6M
$841.2M
Operating Margin
PR
PR
SPG
SPG
Q4 25
23.1%
49.7%
Q3 25
29.6%
50.8%
Q2 25
24.8%
49.7%
Q1 25
36.6%
49.4%
Q4 24
32.8%
52.8%
Q3 24
32.5%
51.9%
Q2 24
36.5%
51.7%
Q1 24
37.7%
51.0%
Net Margin
PR
PR
SPG
SPG
Q4 25
29.0%
197.6%
Q3 25
4.5%
43.9%
Q2 25
17.3%
43.0%
Q1 25
23.9%
32.4%
Q4 24
16.7%
48.8%
Q3 24
31.8%
36.9%
Q2 24
18.9%
39.0%
Q1 24
11.8%
58.3%
EPS (diluted)
PR
PR
SPG
SPG
Q4 25
$0.48
$9.34
Q3 25
$0.08
$1.86
Q2 25
$0.28
$1.70
Q1 25
$0.44
$1.27
Q4 24
$0.31
$2.04
Q3 24
$0.53
$1.46
Q2 24
$0.36
$1.51
Q1 24
$0.25
$2.25

Balance Sheet & Financial Strength

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

Metric
PR
PR
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$153.7M
$823.1M
Total DebtLower is stronger
$3.5B
$28.4B
Stockholders' EquityBook value
$10.3B
$5.2B
Total Assets
$17.9B
$40.6B
Debt / EquityLower = less leverage
0.34×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PR
PR
SPG
SPG
Q4 25
$153.7M
$823.1M
Q3 25
$111.8M
$1.6B
Q2 25
$451.0M
$1.2B
Q1 25
$702.2M
$1.4B
Q4 24
$479.3M
$1.4B
Q3 24
$272.0M
$2.5B
Q2 24
$47.8M
$2.5B
Q1 24
$12.7M
$2.6B
Total Debt
PR
PR
SPG
SPG
Q4 25
$3.5B
$28.4B
Q3 25
$3.5B
$25.8B
Q2 25
$4.0B
$25.4B
Q1 25
$4.0B
$24.8B
Q4 24
$4.2B
$24.3B
Q3 24
$4.2B
$25.4B
Q2 24
$3.9B
$25.3B
Q1 24
$3.9B
$25.5B
Stockholders' Equity
PR
PR
SPG
SPG
Q4 25
$10.3B
$5.2B
Q3 25
$10.0B
$2.3B
Q2 25
$9.5B
$2.5B
Q1 25
$9.4B
$2.6B
Q4 24
$9.1B
$2.9B
Q3 24
$9.0B
$2.7B
Q2 24
$8.3B
$2.9B
Q1 24
$7.0B
$3.1B
Total Assets
PR
PR
SPG
SPG
Q4 25
$17.9B
$40.6B
Q3 25
$17.3B
$33.6B
Q2 25
$17.5B
$33.3B
Q1 25
$17.1B
$32.5B
Q4 24
$16.9B
$32.4B
Q3 24
$16.6B
$33.3B
Q2 24
$15.4B
$33.4B
Q1 24
$15.1B
$33.7B
Debt / Equity
PR
PR
SPG
SPG
Q4 25
0.34×
5.46×
Q3 25
0.35×
10.98×
Q2 25
0.42×
10.36×
Q1 25
0.43×
9.50×
Q4 24
0.46×
8.25×
Q3 24
0.47×
9.37×
Q2 24
0.46×
8.59×
Q1 24
0.56×
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
PR
PR
SPG
SPG
Operating Cash FlowLast quarter
$904.3M
$1.2B
Free Cash FlowOCF − Capex
$948.8M
FCF MarginFCF / Revenue
53.0%
Capex IntensityCapex / Revenue
14.2%
Cash ConversionOCF / Net Profit
2.66×
0.34×
TTM Free Cash FlowTrailing 4 quarters
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PR
PR
SPG
SPG
Q4 25
$904.3M
$1.2B
Q3 25
$766.5M
$890.3M
Q2 25
$1.0B
$1.2B
Q1 25
$898.0M
$827.2M
Q4 24
$871.6M
$1.1B
Q3 24
$954.4M
$892.9M
Q2 24
$938.4M
$1.1B
Q1 24
$647.6M
$773.1M
Free Cash Flow
PR
PR
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
PR
PR
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
PR
PR
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
PR
PR
SPG
SPG
Q4 25
2.66×
0.34×
Q3 25
12.94×
1.27×
Q2 25
5.01×
1.89×
Q1 25
2.73×
1.73×
Q4 24
4.02×
1.41×
Q3 24
2.47×
1.63×
Q2 24
3.99×
1.87×
Q1 24
4.42×
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PR
PR

Crude Oil$1.0B87%
Natural Gas Liquids Reserves$145.1M12%

SPG
SPG

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

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