Simon Property Group's Income Statement Analysis: Revenue to Profit Breakdown
Simon Property Group's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$5.12 B | $5.29 B | $5.66 B | $5.96 B | $6.36 B | $6.65 B |
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Cost of Revenue Direct cost of goods/services. |
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$971.06 M | $1.00 B | $1.03 B | $1.04 B | $909.14 M | $981.65 M |
Gross Profit Revenue minus cost of revenue. |
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$4.15 B | $4.29 B | $4.63 B | $4.92 B | $5.46 B | $5.67 B |
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Operating Expense
Costs to run business. |
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$1.73 B | $1.71 B | $1.82 B | $1.83 B | $2.28 B | $2.46 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$144.64 M | $142.76 M | $165.86 M | $189.29 M | $281.55 M | $390.55 M |
General and Administrative Corporate overhead costs. |
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$30.34 M | $34.97 M | $38.51 M | $44.74 M | $125.72 M | $235.05 M |
Sales and Marketing Customer acquisition costs. |
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$114.30 M | $107.79 M | $127.35 M | $144.55 M | $155.83 M | $155.50 M |
Other Expenses Other operating costs. |
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$1.59 B | $1.56 B | $1.66 B | $1.64 B | $2.00 B | $2.07 B |
Operating Income Profit from operations. |
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$2.41 B | $2.58 B | $2.81 B | $3.09 B | $3.18 B | $3.21 B |
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Net Interest Income
Interest income minus expense. |
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-$795.71 M | -$761.25 M | -$854.65 M | -$905.80 M | -$974.84 M | -$1.02 B |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$795.71 M | $761.25 M | $854.65 M | $905.80 M | $974.84 M | $1.02 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$1.11 B | -$713.60 M | -$746.52 M | -$565.28 M | -$3.12 B | -$2.91 B |
Total Other Income (Net) Net non-operating items. |
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$312.72 M | -$47.66 M | -$108.13 M | -$340.51 M | $2.22 B | $2.17 B |
Income Before Tax Profit before taxes. |
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$2.73 B | $2.54 B | $2.70 B | $2.75 B | $5.40 B | $5.38 B |
Income Tax Expense Taxes on income. |
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$157.20 M | $83.51 M | $81.87 M | $23.26 M | $35.79 M | $23.49 M |
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Net Income
Final profit. |
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$2.25 B | $2.14 B | $2.28 B | $2.37 B | $4.61 B | $4.68 B |
Net Income From Continuing Operations Profit from core business. |
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$2.57 B | $2.45 B | $2.62 B | $2.73 B | $5.36 B | $5.35 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | $89.73 M |
Net Income Deductions Reductions from net income. |
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- | - | - | - | -$3.34 M | -$834.00 K |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$6.84 | $6.69 | $6.97 | $7.26 | $14.14 | $14.35 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$6.84 | $6.69 | $6.98 | $7.26 | $14.14 | $14.35 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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328.59 M | 327.82 M | 326.81 M | 326.10 M | 326.02 M | 324.03 M |
Diluted Average Shares Outst. Shares including dilution. |
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328.59 M | 327.82 M | 326.81 M | 326.10 M | 326.02 M | 324.03 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$3.52 B | $3.30 B | $3.55 B | $3.66 B | $6.30 B | $6.12 B |
EBITDA Earnings before interest, tax, D&A. |
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$4.85 B | $4.59 B | $4.89 B | $5.02 B | $7.78 B | $7.71 B |
Depreciation and Amortization Non-cash expense for assets. |
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$1.33 B | $1.29 B | $1.33 B | $1.36 B | $1.48 B | $1.59 B |
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Simon Property Group's Assets vs Liabilities & Equity
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