Simon Property Group

Real Estate Retail REITs Indianapolis, Indiana Last filing Feb 25, 2026 · FY2025

                    Revenue
                    FY2025
                
$6.4B
                    3y CAGR +6.3%
                    
                    P43
                    
                    +6.7%
                    
                    Net income
                    FY2025
                
$5.4B
                    Net margin +84.3%
                    
                    P97
                    
                    +96.6%
                    
                    Total assets
                    FY2025
                
$40.6B
                    ROA +13.2%
                    
                    P100
                    
                    +25.3%
                    
                    Operating cash flow
                    FY2025
                
$4.1B
                    
                    +8.4%

19 yrs · FY2007–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s total assets.

Balance Sheet

Assets, liabilities, and equity

20 accounts · 3 years

Total assets $40.6B

Total liabilities $33.9B

Shareholders equity $5.2B

Account	2025	2024	2023
Assets
Cash and Cash Equivalents	2.0%	4.3%	3.4%
Short Term Investments	0.1%	0.3%	2.9%
Operating Lease Assets	1.9%	1.6%	1.4%
Total Assets	100.0%	100.0%	100.0%
Liabilities
Current Portion of Long Term Debt	70.0%	74.9%	75.9%
Operating Lease Liabilities	1.9%	1.6%	1.4%
Other Current Liabilities	2.5%	1.9%	1.8%
Total Current Liabilities	83.5%	88.9%	89.2%
Long Term Debt	70.0%	74.9%	75.9%
Operating Lease Liabilities Noncurrent	1.9%	1.6%	1.4%
Other Noncurrent Liabilities	2.5%	1.9%	1.8%
Total Liabilities	83.5%	88.9%	89.2%
Equity
Preferred Stock	0.1%	0.1%	0.1%
Additional Paid In Capital	30.4%	35.7%	33.3%
Retained Earnings	-11.3%	-19.7%	-17.8%
Treasury Stock	0.6%	6.5%	0.4%
Accumulated Other Comprehensive Income	-0.6%	-0.6%	-0.5%
Noncontrolling Interest	3.1%	1.5%	1.4%
Total Stockholders Equity	12.8%	9.1%	8.8%
Total Liabilitiesand Equity	100.0%	100.0%	100.0%

Income Statement

Revenue, expense, and profitability

14 accounts · 3 years

Revenue $6.4B

Operating income $3.2B

Net income $5.4B

Account	2025	2024	2023
IncomeStatement
Revenues Total Revenue	15.7%	18.4%	16.5%
Expenses Cost of Revenue	7.9%	8.9%	8.3%
Expenses Selling,General and Administrative	0.1%	0.1%	0.1%
Expenses Depreciation and Amortization	3.5%	3.9%	3.7%
Expenses Operating Expenses	7.9%	8.9%	8.3%
Other Income Expense Operating Income	7.8%	9.5%	8.2%
Other Income Expense Interest Expense	2.4%	2.8%	2.5%
Income Tax Income Tax Expense	0.0%	0.0%	0.2%
net Income net Income	13.2%	8.4%	7.6%
net Income Comprehensive Income	11.3%	7.3%	6.6%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Basic	0.8%	1.0%	1.0%
Earnings Per Share Weighted Average Shares Diluted	0.8%	1.0%	1.0%

Cash Flow Statement

Operating, investing, and financing flows

16 accounts · 3 years

Operating cash flow $4.1B

Investing cash flow $-1.6B

Financing cash flow $-3.1B

Account	2025	2024	2023
CashFlow
Operating Activities net Income	13.2%	8.4%	7.6%
Operating Activities Depreciation and Amortization	3.5%	3.9%	3.7%
Operating Activities Deferred Income Taxes	0.0%	0.0%	0.2%
Operating Activities Changes In Operating Assets and Liabilities	-0.0%	0.7%	-0.1%
Operating Activities net Cash From Operating Activities	10.2%	11.8%	11.5%
Investing Activities Purchases of Investments	0.1%	0.7%	0.1%
Investing Activities net Cash From Investing Activities	-3.9%	4.3%	-4.0%
Financing Activities Proceeds From Debt	9.0%	3.4%	10.6%
Financing Activities Repayment of Debt	8.1%	9.2%	7.8%
Financing Activities Repurchase of Common Stock	0.6%	—	0.4%
Financing Activities Tax Withholding On Stock Based Compensation	0.0%	0.0%	0.0%
Financing Activities net Cash From Financing Activities	-7.7%	-15.4%	-5.9%
Cash Reconciliation Effect of Exchange Rate On Cash	2.0%	4.3%	3.4%
Cash Reconciliation net Change In Cash	-1.4%	0.7%	1.6%
Cash Reconciliation Cash At Beginning of Period	2.0%	4.3%	3.4%
Cash Reconciliation Cash At End of Period	2.0%	4.3%	3.4%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years

Ratio	2025	2024	2023
Profitability
Gross margin	+49.9%	+51.9%	+49.6%
Operating margin	+49.9%	+51.9%	+49.6%
Net margin	+84.3%	+45.8%	+46.2%
FCF margin	—	—	—
Growth
Revenue CAGR (3y)	+6.3%	+5.2%	+7.1%
Returns
ROE	+103.0%	+92.8%	+86.6%
ROA	+13.2%	+8.4%	+7.6%
ROIC	+5.2%	+6.2%	+5.2%
Liquidity
Current ratio	—	—	—
Quick ratio	—	—	—
Leverage
D/E	6.51x	9.79x	10.12x
Interest coverage	3.26x	3.41x	3.28x
Efficiency
Asset turnover	0.16x	0.18x	0.17x
Cash conversion cycle	—	—	—

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Simon Property Group

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history