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Simon Property Group Inc. (SPG)

Simon Property Group Inc. brought in $6.9B of revenue over the twelve months to June 30, 2026, up 15.0% from a year earlier. Net income was $4.6B, a net margin of 66.5%. Operating cash flow minus capital spending left $3.2B of free cash flow in fiscal 2025. At June 30, 2026 it held $1B in cash against $28.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 10, 2026.

Price
$201.40
+0.22% on the day · October 5, 2026
52-week range $172.19 to $238.50
Market cap
$65.2B
Revenue (last 12 months)
$6.9B
+15.0% year on year
Net margin
66.5%
P/E
14.2
on FY2025 diluted EPS

Key facts about Simon Property Group Inc.

Net worth
Simon Property Group Inc. has a market value (market cap) of $65.2B at the latest share price, and shareholders' equity of $4.4B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $6.4B (+6.7% year on year), with net income of $4.6B. Over the 12 months to June 30, 2026: revenue $6.9B, net income $4.6B.
Cash flow
In fiscal 2025 operations brought in $4.1B of cash; after $934.3M of capital spending, free cash flow was $3.2B.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 10, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
Simon Property Group Inc.'s next report is expected around November 2, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
Simon Property Group Inc. paid dividends of $8.55 per share in fiscal 2025, a yield of 4.25% at the current price.

What Simon Property Group Inc. does

Simon Property Group is a real estate investment trust that owns, develops, and manages retail and mixed-use commercial properties. Its properties include traditional shopping malls, premium outlet centers, and lifestyle shopping centers across North America, Europe, and Asia, which it leases to retailers, restaurants, and entertainment businesses. Its shares trade on NYSE under the ticker SPG.

Revenue and profit by year

Revenue
FY18: $5.6B $5.6B FY18FY19: $5.8B $5.8B FY19FY20: $4.6B $4.6B FY20FY21: $5.1B $5.1B FY21FY22: $5.3B $5.3B FY22FY23: $5.7B $5.7B FY23FY24: $6B $6B FY24FY25: $6.4B $6.4B FY25
Net income
FY18: $2.4B $2.4B FY18FY19: $2.1B $2.1B FY19FY20: $1.1B $1.1B FY20FY21: $2.2B $2.2B FY21FY22: $2.1B $2.1B FY22FY23: $2.3B $2.3B FY23FY24: $2.4B $2.4B FY24FY25: $4.6B $4.6B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$6.4B$3.2B$4.6B$14.17$3.2B
2024$6B$3.1B$2.4B$7.26$3.1B
2023$5.7B$2.8B$2.3B$6.98$3.1B
2022$5.3B$2.6B$2.1B$6.52$3.1B
2021$5.1B$2.4B$2.2B$6.84$3.1B
2020$4.6B$2B$1.1B$3.59$1.8B

Full financial statements: income, balance sheet and cash flow

Next report expected around November 2, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 3, 2025. Not a date the company has announced. See the report calendar

Where SPG ranks in Real estate

Revenue$6.4B
#9 of 231 in Real estate · Top 3%
Revenue growth+6.7%
#80 of 206 in Real estate · Top 39%
Net margin72.7%
#5 of 209 in Real estate · Top 2%
Free cash flow margin50.3%
#8 of 116 in Real estate · Top 6%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

Simon Property Group Inc. paid $8.55 per share in fiscal 2025. At the current price that is a yield of 4.25%.

Fiscal yearPer sharePaid outOf profit
2025$8.55n/an/a
2024$8.10n/an/a
2023$7.45n/an/a
2022$6.90n/an/a
2021$5.85n/an/a
2020$6.00n/an/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Simon Property Group Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 10, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 19% to $1.8B versus the same quarter last year; diluted EPS $1.49 versus $1.70.
  2. August 10, 2026
  3. July 31, 2026
  4. June 17, 2026
  5. May 15, 2026
  6. May 15, 2026
  7. May 15, 2026
  8. May 11, 2026
  9. May 11, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue rose 19% to $1.8B versus the same quarter last year; diluted EPS $1.48 versus $1.27.
  10. April 30, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 1, 2026. Insider transactions on SEC

What is SPG worth? A DCF from its reported cash flow

Insider trades

What the people running Simon Property Group Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $415.7K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)
$415.7K
last 90 days
Sold
$0
last 90 days
Net bought
2,050
$415.7K
DateInsiderWhatSharesPriceValueFiling
September 30, 2026 Lewis Randall JDirector Bought 65 $202.78 $13.2K Form 4
September 30, 2026 Glasscock Larry CDirector Bought 367 $202.78 $74.4K Form 4
September 30, 2026 Rodkin Gary MDirector Bought 232 $202.78 $47K Form 4
September 30, 2026 Leibowitz Reuben SDirector Bought 480 $202.78 $97.3K Form 4
September 30, 2026 Stewart Marta RDirector Bought 199 $202.78 $40.4K Form 4
September 30, 2026 Smith Daniel C.Director Bought 350 $202.78 $71K Form 4
September 30, 2026 Selig Stefan MDirector Bought 208 $202.78 $42.2K Form 4
September 30, 2026 Roe PeggyDirector Bought 88 $202.78 $17.8K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns SPG

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Portfolio Management13G, passive 8.62% 27,956,842 July 31, 2026
Vanguard Capital Management13G, passive 7.38% 24,003,824 April 30, 2026

Latest filings below 5%: The Vanguard Group 0% (March 27, 2026); Melvin Simon & Associates, Inc. 3.7% (May 14, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,357 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.37,269,192$8.34B+455,543
Vanguard Portfolio Management LLC27,878,674$6.24B+4,780,542
Vanguard Capital Management LLC20,632,222$4.61B+58,521
State Street Corp20,356,570$4.55B-574,739
Geode Capital Management, LLC11,335,910$2.53B+510,197
Capital World Investors10,524,034$2.35B+1,473,719
Wellington Management Group Llp9,390,325$2.1B+242,709
Bank of America Corp8,248,498$1.84B-254,635
Morgan Stanley5,566,600$1.24B+144,803
Fmr LLC5,561,360$1.24B+526,276
Northern Trust Corp5,073,232$1.13B+70,840
Dimensional Fund Advisors LP4,552,481$1.02B-54,000
Charles Schwab Investment Management Inc4,525,891$1.01B+253,626
Jpmorgan Chase & Co4,276,720$973.2M-1,395,700
Norges Bank4,293,287$960.2Mnew
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC3,604,590$806.2M+3,578,240
Invesco Ltd.3,544,285$792.7M+302,317
Legal & General Group Plc3,505,359$784M-183,877
Goldman Sachs Group Inc3,087,753$690.6M-318,795
Nuveen, LLC2,864,885$640.7M-7,843

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

21 insiders reported holding 1,846,513 shares in total, about $371.9M at the last price.

HolderSharesAs of
Simon DavidCEO/CHAIRMAN/PRESIDENT, Director 1,071,453 March 2, 2026
Sokolov Richard SDirector 276,548 August 31, 2026
Leibowitz Reuben SDirector 56,277 September 30, 2026
Simon EliCEO/PRESIDENT/COO, Director 50,634 August 31, 2026
McDade Brian J.EVP/CFO 47,151 March 2, 2026
Glasscock Larry CDirector 46,269 September 30, 2026
Fivel Steven EGENERAL COUNSEL 40,986 April 1, 2026
Rulli JohnCHIEF ADMINISTRATIVE OFFICER 37,487 April 1, 2026
Smith Daniel C.Director 34,830 September 30, 2026
Selig Stefan MDirector 34,020 September 30, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about SPG

What does Simon Property Group Inc. do?

Simon Property Group is a real estate investment trust that owns, develops, and manages retail and mixed-use commercial properties. Its properties include traditional shopping malls, premium outlet centers, and lifestyle shopping centers across North America, Europe, and Asia, which it leases to retailers, restaurants, and entertainment businesses. Its shares trade on NYSE under the ticker SPG.

What is Simon Property Group Inc.'s net worth?

Simon Property Group Inc. has a market value (market cap) of $65.2B at the latest share price, and shareholders' equity of $4.4B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Simon Property Group Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $4.6B on revenue of $6.9B, a net margin of 66.5%.

How much revenue does Simon Property Group Inc. make?

Over the twelve months to June 30, 2026 Simon Property Group Inc. reported revenue of $6.9B. That is 15.0% more than a year earlier.

When did Simon Property Group Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 10, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 1, 2026.

When is Simon Property Group Inc.'s next earnings report?

Simon Property Group Inc.'s next report is expected around November 2, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

Does Simon Property Group Inc. pay a dividend?

Yes. Simon Property Group Inc. paid dividends of $8.55 per share in fiscal 2025, a yield of 4.25% at the current price.

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Where the numbers come from

Financial figures are the values Simon Property Group Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.