Simon Property Group (SPG) financials
Simon Property Group revenue and earnings by year
Simon Property Group's revenue was $6.36 billion in the fiscal year to December 31, 2025, up 6.7% from the year before. Net income was $4.63 billion, 72.7% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 1.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.36 | 5.96 | 5.66 | 5.29 | 5.12 | 4.61 | 5.76 | 5.65 | 5.53 | 5.44 |
| Revenue growth | 6.7% | 5.4% | 6.9% | 3.4% | 11.1% | -19.9% | 1.9% | 2.1% | 1.7% | — |
| Operating income | 3.18 | 3.09 | 2.81 | 2.58 | 2.41 | 1.97 | 2.91 | 2.93 | 2.80 | 2.72 |
| Operating margin | 49.9% | 51.9% | 49.6% | 48.8% | 47.2% | 42.8% | 50.6% | 51.8% | 50.7% | 50.1% |
| Net income | 4.63 | 2.37 | 2.28 | 2.14 | 2.25 | 1.11 | 2.10 | 2.44 | 1.95 | 1.84 |
| Net margin | 72.7% | 39.8% | 40.3% | 40.4% | 44.0% | 24.1% | 36.5% | 43.2% | 35.2% | 33.8% |
| Diluted EPS | $14.18 | $7.26 | $6.98 | $6.52 | $6.84 | $3.60 | — | — | — | — |
| Free cash flow | 3.20 | 3.11 | 3.14 | 3.18 | 3.11 | 1.88 | 2.94 | 3.15 | 2.88 | 2.61 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open SPG in Markets.
See also: SPG valuation and P/E history · SPG returns
No forecast, no recommendation. This page describes Simon Property Group from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.