Simon Property Group, Inc.
Simon Property Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.4 billion, up 6.72% from fiscal 2024. In the quarter to June 2026, revenue grew 19.5%, EPS fell 12.4%, free cash flow fell 1.30% and total debt rose 13.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.
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Simon Property Group, Inc. (SPG) Operating margin
Simon Property Group, Inc.'s operating margin over the twelve months to 30 June 2026 was 47.4%, down 2.5 percentage points from fiscal 2025 (49.9%). Over the past ten years it has ranged from 42.8% (fiscal 2020) to 51.9% (fiscal 2024); the current reading is higher than 45% of that period. That is above the Reit Retail industry median of 34.6% and above the Real Estate sector median of 18.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 49.9% | (1.97) |
| FY2024 | 51.9% | 2.26 |
| FY2023 | 49.6% | 0.77 |
| FY2022 | 48.8% | 1.67 |
| FY2021 | 47.2% | 4.36 |
| FY2020 | 42.8% | (7.81) |
| FY2019 | 50.6% | (1.23) |
| FY2018 | 51.8% | 1.14 |
| FY2017 | 50.7% | 0.64 |
| FY2016 | 50.1% | (0.62) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 46.0% | 2.64 |
| Mar 2026 | 43.4% | (6.34) |
| Dec 2025 | 49.7% | (1.04) |
| Sep 2025 | 50.8% | 1.10 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| NNN NNN REIT, Inc. compare | 62.3% |
| ADC Agree Realty Corporation compare | 47.9% |
| FRT Federal Realty Investment Trust compare | 47.9% |
| SPG Simon Property Group, Inc. | 47.4% |
| REG Regency Centers Corporation compare | 37.1% |
| KIM Kimco Realty Corporation compare | 36.1% |
| BRX Brixmor Property Group Inc. compare | 35.3% |
| O Realty Income Corporation compare | 20.1% |
| MAC Macerich Company (The) compare | 16.3% |
| Reit Retail industry median | 34.6% |
| Real Estate sector median | 18.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on SPG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement