Simon Property Group, Inc. (SPG) — Financial statements
Income statement, balance sheet, and cash flow for Simon Property Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,365↑6.7% | 5,964↑5.4% | 5,659↑6.9% | 5,291↑3.4% | 5,117 | |
| Cost of Revenue | 909↓12.9% | 1,043↑1.5% | 1,028↑2.7% | 1,001↑3.1% | 971 | |
| Gross Profit | 5,455↑10.9% | 4,920↑6.3% | 4,630↑7.9% | 4,290↑3.5% | 4,146 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 126↑181.0% | 45↑16.2% | 39↑10.1% | 35↑15.3% | 30 | |
| Selling & Marketing Expenses | 156↑7.8% | 145↑13.5% | 127↑18.1% | 108↓5.7% | 114 | |
| SG&A Expenses | 282↑48.7% | 189↑14.1% | 166↑16.2% | 143↓1.3% | 145 | |
| Other Expenses | 1,998↑22.0% | 1,638↓1.2% | 1,658↑6.0% | 1,564↓1.5% | 1,588 | |
| Operating Expenses | 2,280↑24.8% | 1,828↑0.2% | 1,823↑6.8% | 1,707↓1.5% | 1,733 | |
| Total Costs & Expenses | 3,189↑11.1% | 2,871↑0.7% | 2,852↑5.3% | 2,708↑0.2% | 2,704 | |
| Operating Results | ||||||
| Operating Income | 3,175↑2.7% | 3,093↑10.2% | 2,807↑8.6% | 2,584↑7.1% | 2,413 | |
| Depreciation & Amortization | 1,483↑9.0% | 1,360↑2.0% | 1,334↑3.2% | 1,292↓2.5% | 1,326 | |
| EBITDA | 7,857↑56.6% | 5,018↑2.7% | 4,887↑6.5% | 4,589↓5.3% | 4,848 | |
| EBIT | 6,375↑74.3% | 3,658↑2.9% | 3,554↑7.8% | 3,297↓6.4% | 3,522 | |
| Interest & Other Income | ||||||
| Net Interest Income | -975↓7.6% | -906↓6.0% | -855↓12.3% | -761↑4.3% | -796 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 975↑7.6% | 906↑6.0% | 855↑12.3% | 761↓4.3% | 796 | |
| Non-Operating Income | -3,199↓466.0% | -565↑24.3% | -747↓4.6% | -714↑35.6% | -1,108 | |
| Other Income / Expenses | 2,225↑753.3% | -341↓214.9% | -108↓126.9% | -48↓115.2% | 313 | |
| Income Before Tax | 5,400↑96.2% | 2,752↑2.0% | 2,699↑6.4% | 2,536↓7.0% | 2,726 | |
| Income Tax Expense | 36↑53.8% | 23↓71.6% | 82↓2.0% | 84↓46.9% | 157 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 5,364↑96.6% | 2,729↑4.3% | 2,617↑6.7% | 2,452↓4.5% | 2,569 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,615↑94.7% | 2,371↑3.8% | 2,283↑6.7% | 2,140↓4.9% | 2,250 | |
| Bottom-Line Net Income | 4,612↑94.8% | 2,368↑3.8% | 2,280↑6.7% | 2,136↓4.9% | 2,246 | |
| EPS (Basic) | 14.14↑94.8% | 7.26↑4.2% | 6.97↑6.9% | 6.52↓4.7% | 6.84 | |
| EPS (Diluted) | 14.14↑94.8% | 7.26↑4.0% | 6.98↑7.1% | 6.52↓4.7% | 6.84 | |
| Weighted Average Shares | 326↓0.0% | 326↓0.2% | 327↓0.3% | 328↓0.2% | 329 | |
| Weighted Average Diluted Shares | 326↓0.0% | 326↓0.2% | 327↓0.3% | 328↓0.2% | 329 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.