SPG logo Simon Property Group +
Ticker
SPG
O
Headquarter
Indianapolis ,IN
US
San Diego ,CA
US
CEO
David E. Simon
Sumit Roy
Industry
REIT - Retail
REIT - Retail
Stock Price
Stock Price
Market Cap
Market Cap
$58.97 B
$53.09 B
Employees
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Employees
  • 3.30 K
  • 3.00 K
  • 3.00 K
  • 395.00
  • 418.00
  • 468.00
Y/Y
0%
9.09%
0%
6.47%
5.82%
11.96%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $5.29 B
  • $5.66 B
  • $5.96 B
  • $3.34 B
  • $4.08 B
  • $5.27 B
Y/Y
3.41%
6.94%
5.39%
60.72%
21.99%
29.23%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $2.58 B
  • $2.81 B
  • $3.09 B
  • $1.31 B
  • $1.72 B
  • $2.32 B
Y/Y
7.06%
8.65%
10.18%
37.44%
31.62%
34.76%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 3.00%
  • 3.00%
  • 1.00%
  • 5.00%
  • 6.00%
  • 7.00%
Y/Y
42.98%
7.9%
71.95%
39.03%
13.82%
27.32%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $2.14 B
  • $2.28 B
  • $2.37 B
  • $869.41 M
  • $872.31 M
  • $860.77 M
Y/Y
4.89%
6.71%
3.84%
141.87%
0.33%
1.32%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $1.60 M
  • $1.89 M
  • $1.99 M
  • $8.47 M
  • $9.76 M
  • $11.26 M
Y/Y
3.41%
17.64%
5.39%
50.95%
15.28%
15.42%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $648.34 K
  • $761.04 K
  • $790.30 K
  • $2.20 M
  • $2.09 M
  • $1.84 M
Y/Y
4.89%
17.38%
3.84%
127.17%
5.19%
11.87%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $33.01 B
  • $34.28 B
  • $32.41 B
  • $49.67 B
  • $57.78 B
  • $68.84 B
Y/Y
2.27%
3.85%
5.48%
15.15%
16.32%
19.13%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $29.19 B
  • $30.60 B
  • $28.81 B
  • $20.83 B
  • $24.67 B
  • $29.78 B
Y/Y
0.64%
4.83%
5.85%
15.67%
18.45%
20.72%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$650.02 M
  • -$793.28 M
  • -$755.58 M
  • -
  • -
  • -
Y/Y
23.13%
22.04%
4.75%
100%
0%
0%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 48.83%
  • 49.60%
  • 51.86%
  • 39.13%
  • 42.22%
  • 44.03%
Y/Y
3.54%
1.58%
4.56%
14.49%
7.9%
4.29%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 40.43%
  • 40.35%
  • 39.75%
  • 26.00%
  • 21.39%
  • 16.33%
Y/Y
8.05%
0.2%
1.49%
50.46%
17.73%
23.66%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $4.59 B
  • $4.89 B
  • $5.02 B
  • $2.98 B
  • $3.60 B
  • $4.33 B
Y/Y
5.33%
6.49%
2.68%
61.03%
20.96%
20.11%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $3.12 B
  • $3.14 B
  • $3.06 B
  • $2.56 B
  • $2.96 B
  • $3.57 B
Y/Y
0.23%
0.67%
2.5%
96.75%
15.4%
20.77%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 68.17%
  • 75.53%
  • 80.59%
  • 3.03%
  • 2.65%
  • 2.22%
Y/Y
1.87%
10.8%
6.7%
111.89%
12.54%
16.23%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 6.48%
  • 6.66%
  • 7.32%
  • 1.75%
  • 1.51%
  • 1.25%
Y/Y
2.7%
2.78%
9.91%
110.84%
13.71%
17.22%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 811.15%
  • 877.27%
  • 842.47%
  • 64.78%
  • 66.75%
  • 68.89%
Y/Y
5.57%
8.15%
3.97%
1.76%
3.04%
3.21%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $63.35 B
  • $71.97 B
  • $79.54 B
  • $57.23 B
  • $61.51 B
  • $72.95 B
Y/Y
18.57%
13.6%
10.53%
26.16%
7.47%
18.6%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 11.97
  • 12.72
  • 13.34
  • 17.12
  • 15.08
  • 13.84
Y/Y
21.26%
6.23%
4.88%
21.5%
11.9%
8.22%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 13.80
  • 14.73
  • 15.85
  • 19.54
  • 17.07
  • 16.86
Y/Y
13.99%
6.68%
7.65%
20.26%
12.65%
1.26%