Simon Property Group, Inc.
Simon Property Group, Inc. (SPG) Financial Performance & Income Statement Overview
Analyze Simon Property Group, Inc. (SPG) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Simon Property Group, Inc. (SPG) Income Statement & Financial Overview
View the income breakdown for Simon Property Group, Inc. SPG across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.47B | $1.58B | $1.48B | $1.46B |
| Cost of Revenue | $274.42M | $271.77M | $258.13M | $227.93M |
| Gross Profit | $1.20B | $1.31B | $1.22B | $1.23B |
| Gross Profit Ratio | $0.81 | $0.83 | $0.83 | $0.84 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $46.89M | $59.11M | $43.31M | $49.67M |
| Operating Expenses | $470.98M | $474.71M | $454.81M | $476.23M |
| Total Costs & Expenses | $745.40M | $746.49M | $712.94M | $704.16M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $227.00M | $227.41M | $226.42M | $221.34M |
| Depreciation & Amortization | $355.65M | $360.60M | $341.90M | $332.60M |
| EBITDA | $1.05B | $1.33B | $1.12B | $1.13B |
| EBITDA Ratio | $0.71 | $0.84 | $0.75 | $0.77 |
| Operating Income | $727.62M | $835.75M | $767.77M | $754.10M |
| Operating Income Ratio | $0.49 | $0.53 | $0.52 | $0.52 |
| Other Income/Expenses (Net) | -$257.39M | -$95.89M | -$218.49M | -$179.71M |
| Income Before Tax | $470.22M | $739.85M | $549.28M | $574.40M |
| Income Before Tax Ratio | $0.32 | $0.47 | $0.37 | $0.39 |
| Income Tax Expense | -$7.64M | -$31.91M | $2.60M | $4.96M |
| Net Income | $414.53M | $668.07M | $476.00M | $494.30M |
| Net Income Ratio | $0.28 | $0.42 | $0.32 | $0.34 |
| EPS | $1.27 | $2.04 | $1.46 | $1.51 |
| Diluted EPS | $1.27 | $2.04 | $1.46 | $1.51 |
| Weighted Avg Shares Outstanding | $326.31M | $326.28M | $326.16M | $326.04M |
| Weighted Avg Shares Outstanding (Diluted) | $326.31M | $326.28M | $326.16M | $326.04M |
Financial performance has remained strong, with revenue growing from $1.46B in Q2 2024 to $1.47B in Q1 2025. Gross profit continued to perform well, with margins at 81% in the latest quarter. Operating income reached $727.62M in Q1 2025, holding a steady 49% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $1.05B. Net income dropped to $414.53M, keeping EPS at $1.27. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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