Simon Property Group (SPG) Financial Statements
Price: $165.02
Market Cap: $53.84B
Avg Volume: 1.48M
Market Cap: $53.84B
Avg Volume: 1.48M
Country: US
Industry: REIT - Retail
Sector: Real Estate
Industry: REIT - Retail
Sector: Real Estate
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Simon Property Group.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.96B | $5.66B | $5.29B | $5.12B | $4.61B | $5.76B | $5.66B | $5.54B | $5.44B | $5.27B |
| Cost of Revenue | $938.39M | $931.13M | $1.00B | $971.06M | $887.15M | $1.02B | $1.01B | $980.08M | $971.15M | $960.19M |
| Gross Profit | $5.03B | $4.73B | $4.29B | $4.15B | $3.72B | $4.73B | $4.65B | $4.56B | $4.46B | $4.31B |
| Gross Profit Ratio | 84.27% | 83.50% | 81.08% | 81.00% | 80.75% | 82.25% | 82.18% | 82.30% | 82.13% | 81.77% |
| Research and Development Expenses | $- | $- | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $- |
| General and Administrative Expenses | $44.74M | $38.51M | $34.97M | $30.34M | $22.57M | $34.86M | $46.54M | $51.97M | $65.08M | $60.33M |
| Selling and Marketing Expenses | $144.55M | $127.35M | $107.79M | $114.30M | $98.61M | $150.34M | $151.24M | $150.87M | $142.80M | $134.85M |
| Selling General and Administrative Expenses | $189.29M | $165.86M | $142.76M | $144.64M | $121.19M | $185.20M | $197.78M | $202.84M | $207.88M | $195.18M |
| Other Expenses | $1.74B | $1.75B | $1.56B | $1.59B | $1.63B | $1.64B | $1.54B | $1.55B | $1.54B | $1.44B |
| Operating Expenses | $1.93B | $1.92B | $1.71B | $1.73B | $1.75B | $1.83B | $1.74B | $1.76B | $1.74B | $1.64B |
| Cost and Expenses | $2.87B | $2.85B | $2.71B | $2.70B | $2.64B | $2.85B | $2.75B | $2.74B | $2.71B | $2.60B |
| Interest Income | $- | $- | $761.25M | $795.71M | $784.40M | $789.35M | $- | $- | $- | $- |
| Interest Expense | $905.80M | $854.65M | $762.85M | $795.71M | $784.40M | $789.35M | $815.92M | $809.39M | $857.55M | $923.70M |
| Depreciation and Amortization | $1.27B | $1.26B | $2.69B | $2.70B | $2.64B | $2.85B | $2.75B | $2.74B | $2.71B | $1.18B |
| EBITDA | $4.36B | $4.07B | $4.59B | $4.46B | $3.41B | $4.64B | $4.67B | $4.43B | $4.35B | $4.13B |
| EBITDA Ratio | 73.08% | 71.91% | 84.27% | 87.14% | 76.17% | 81.54% | 82.52% | 80.85% | 79.61% | 78.45% |
| Operating Income | $3.09B | $2.81B | $2.58B | $2.41B | $1.97B | $2.91B | $2.91B | $2.80B | $2.72B | $2.67B |
| Operating Income Ratio | 51.86% | 49.60% | 48.83% | 47.16% | 42.80% | 50.53% | 51.45% | 50.60% | 50.06% | 50.68% |
| Total Other Income Expenses Net | $-340.51M | $-108.13M | $-47.66M | $312.72M | $-699.12M | $-459.55M | $-67.06M | $-534.09M | $-556.44M | $-509.33M |
| Income Before Tax | $2.75B | $2.70B | $2.54B | $2.73B | $1.27B | $2.45B | $2.86B | $2.27B | $2.16B | $2.16B |
| Income Before Tax Ratio | 46.15% | 47.69% | 47.92% | 53.27% | 27.62% | 42.63% | 50.54% | 40.95% | 39.82% | 41.01% |
| Income Tax Expense | $23.26M | $81.87M | $83.51M | $157.20M | $-4.64M | $30.05M | $36.90M | $23.34M | $29.68M | $20.17M |
| Net Income | $7.26K | $2.28B | $2.14B | $2.25B | $1.11B | $2.10B | $2.44B | $1.95B | $1.84B | $1.83B |
| Net Income Ratio | 0.00% | 40.35% | 40.43% | 43.97% | 24.15% | 36.52% | 43.13% | 35.17% | 33.83% | 34.71% |
| EPS | $0.00 | $6.97 | $6.69 | $6.23 | $4.03 | $6.79 | $7.88 | $6.24 | $5.87 | $5.88 |
| EPS Diluted | $0.00 | $6.98 | $6.69 | $6.23 | $4.03 | $6.79 | $7.88 | $6.24 | $5.87 | $5.88 |
| Weighted Average Shares Outstanding | 326.57M | 327.29M | 327.82M | 328.59M | 308.74M | 307.95M | 309.63M | 311.52M | 312.69M | 310.10M |
| Weighted Average Shares Outstanding Diluted | 326.16M | 326.81M | 327.82M | 328.59M | 308.74M | 307.95M | 309.63M | 311.52M | 312.69M | 310.10M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.40B | $1.17B | $621.63M | $533.94M | $1.01B | $669.37M | $514.34M | $1.48B | $560.06M | $701.13M |
| Short Term Investments | $- | $1.00B | $361.54M | $- | $- | $- | $293.83M | $330.79M | $366.73M | $365.28M |
| Cash and Short Term Investments | $1.40B | $2.17B | $621.63M | $533.94M | $1.01B | $669.37M | $514.34M | $1.48B | $560.06M | $701.13M |
| Net Receivables | $796.51M | $826.13M | $823.54M | $919.65M | $1.24B | $832.15M | $763.82M | $742.67M | $664.62M | $624.61M |
| Inventory | $- | $- | $- | $- | $1 | $- | $-516.46M | $-584.19M | $-451.46M | $-385.58M |
| Other Current Assets | $- | $440.86M | $- | $934.93M | $- | $- | $516.46M | $584.19M | $451.46M | $385.58M |
| Total Current Assets | $2.20B | $3.00B | $1.45B | $1.80B | $2.25B | $1.50B | $1.28B | $2.22B | $1.22B | $1.33B |
| Property Plant Equipment Net | $21.71B | $484.07M | $496.93M | $504.12M | $512.91M | $514.66M | $24.21B | $24.46B | $24.36B | $23.55B |
| Goodwill | $20.10M | $20.10M | $20.10M | $20.10M | $20.10M | $20.10M | $20.10M | $20.10M | $20.10M | $20.10M |
| Intangible Assets | $2.75M | $8.71M | $17.77M | $33.28M | $34.96M | $75.75M | $130.64M | $188.46M | $265.04M | $255.58M |
| Goodwill and Intangible Assets | $22.84M | $28.81M | $37.87M | $53.38M | $55.06M | $95.85M | $150.74M | $208.56M | $285.14M | $275.68M |
| Long Term Investments | $7.12B | $8.54B | $8.15B | $8.04B | $7.79B | $4.10B | $3.99B | $4.20B | $4.16B | $4.42B |
| Tax Assets | $-20.56B | $- | $33.01B | $33.78B | $34.79B | $31.23B | $30.69B | $32.26B | $31.10B | $-23.55B |
| Other Non-Current Assets | $714.68M | $21.65B | $-10.13B | $-10.40B | $-10.60B | $-6.21B | $-29.63B | $-31.09B | $-30.04B | $24.62B |
| Total Non-Current Assets | $29.58B | $30.70B | $31.57B | $31.98B | $32.54B | $29.73B | $29.41B | $30.03B | $29.88B | $29.32B |
| Other Assets | $632.09M | $593.26M | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $32.41B | $34.28B | $33.01B | $33.78B | $34.79B | $31.23B | $30.69B | $32.26B | $31.10B | $30.65B |
| Account Payables | $1.71B | $1.68B | $1.49B | $1.43B | $1.31B | $1.39B | $1.32B | $1.27B | $1.21B | $1.32B |
| Short Term Debt | $- | $2.98B | $- | $- | $- | $1.33B | $- | $- | $953.66M | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $1.49B | $- | $- | $- | $-758.68M | $-978.47M | $-953.66M | $-878.66M |
| Other Current Liabilities | $1.68B | $1.87B | $1.70B | $1.57B | $2.69B | $239.24M | $2.29B | $2.38B | $406.07M | $1.34B |
| Total Current Liabilities | $3.40B | $6.53B | $3.19B | $3.01B | $3.38B | $2.96B | $2.85B | $2.68B | $2.57B | $2.69B |
| Long Term Debt | $24.78B | $23.54B | $25.46B | $23.93B | $26.62B | $23.35B | $23.37B | $24.70B | $22.98B | $22.42B |
| Deferred Revenue Non-Current | $- | $- | $-278.30M | $-259.30M | $-251.10M | $-257.70M | $26.66B | $27.83B | $26.01B | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $278.30M | $259.30M | $251.10M | $257.70M | $66.70M | $94.10M | $116.10M | $- |
| Other Non-Current Liabilities | $626.15M | $527.23M | $535.74M | $2.44B | $1.14B | $1.79B | $-325.34M | $-526.52M | $-498.62M | $243.95M |
| Total Non-Current Liabilities | $25.41B | $24.07B | $25.99B | $26.37B | $27.75B | $25.14B | $23.81B | $25.15B | $23.43B | $22.72B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $28.81B | $30.60B | $29.19B | $29.38B | $31.13B | $28.10B | $26.66B | $27.83B | $26.01B | $25.41B |
| Preferred Stock | $40.78M | $41.11M | $41.44M | $41.76M | $42.09M | $42.42M | $42.75M | $43.08M | $43.41M | $43.73M |
| Common Stock | $33.00K | $33.00K | $34.00K | $34.00K | $34.00K | $32.00K | $32.00K | $32.00K | $32.00K | $31.00K |
| Retained Earnings | $-6.38B | $-6.10B | $-5.93B | $-5.82B | $-6.10B | $-5.38B | $-4.89B | $-4.78B | $-4.46B | $-4.27B |
| Accumulated Other Comprehensive Income Loss | $-193.03M | $-172.79M | $-164.87M | $-185.19M | $-188.68M | $-118.60M | $-126.02M | $-110.45M | $-114.13M | $-252.69M |
| Other Total Stockholders Equity | $9.48B | $9.25B | $9.19B | $9.33B | $9.29B | $7.98B | $8.34B | $8.54B | $8.84B | $8.95B |
| Total Stockholders Equity | $2.94B | $3.02B | $3.14B | $3.36B | $3.04B | $2.53B | $3.30B | $3.69B | $4.31B | $4.47B |
| Total Equity | $3.60B | $3.69B | $3.82B | $4.40B | $3.66B | $3.13B | $4.03B | $4.43B | $5.10B | $5.24B |
| Total Liabilities and Stockholders Equity | $32.41B | $34.28B | $33.01B | $33.78B | $34.79B | $31.23B | $30.69B | $32.26B | $31.10B | $30.65B |
| Minority Interest | $657.53M | $664.76M | $685.37M | $1.04B | $618.77M | $603.91M | $730.44M | $743.08M | $787.23M | $770.44M |
| Total Liabilities and Total Equity | $32.41B | $34.28B | $33.01B | $33.78B | $34.79B | $31.23B | $30.69B | $32.26B | $31.10B | $30.65B |
| Total Investments | $7.12B | $9.54B | $8.51B | $8.04B | $7.79B | $4.10B | $4.28B | $4.53B | $4.53B | $4.79B |
| Total Debt | $24.78B | $26.52B | $25.46B | $25.83B | $27.24B | $24.68B | $23.31B | $24.63B | $22.98B | $22.50B |
| Net Debt | $23.38B | $25.35B | $24.84B | $25.29B | $26.23B | $24.01B | $22.79B | $23.15B | $22.42B | $21.80B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.37B | $2.28B | $2.45B | $2.57B | $1.28B | $2.42B | $2.82B | $2.24B | $2.13B | $2.14B |
| Depreciation and Amortization | $1.36B | $1.26B | $1.29B | $1.33B | $1.35B | $1.39B | $1.35B | $1.36B | $1.33B | $1.24B |
| Deferred Income Tax | $- | $- | $-24.70M | $-24.80M | $-1.90M | $-26.80M | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $24.70M | $24.80M | $1.90M | $26.80M | $19.80M | $23.00M | $40.10M | $34.30M |
| Change in Working Capital | $- | $258.13M | $148.89M | $391.73M | $-425.02M | $-36.40M | $-8.65M | $-59.18M | $-105.31M | $-77.22M |
| Accounts Receivables | $- | $-11.80M | $63.35M | $265.35M | $-415.91M | $-157.00K | $-17.52M | $-26.17M | $16.28M | $9.92M |
| Inventory | $- | $11.80M | $-63.35M | $-265.35M | $415.91M | $157.00K | $- | $- | $- | $- |
| Accounts Payables | $- | $245.51M | $190.10M | $203.97M | $19.08M | $13.10M | $84.31M | $99.93M | $-77.79M | $35.54M |
| Other Working Capital | $- | $12.62M | $-41.22M | $187.76M | $-444.10M | $-49.49M | $-92.96M | $-159.12M | $-27.52M | $-112.76M |
| Other Non Cash Items | $83.90M | $127.43M | $-126.78M | $-648.93M | $119.41M | $26.87M | $-412.67M | $50.72M | $15.35M | $-276.69M |
| Net Cash Provided by Operating Activities | $3.81B | $3.93B | $3.77B | $3.64B | $2.33B | $3.81B | $3.75B | $3.59B | $3.37B | $3.02B |
| Investments in Property Plant and Equipment | $- | $-793.28M | $-650.02M | $-527.93M | $-484.12M | $-876.01M | $-781.91M | $-732.10M | $-798.47M | $-1.02B |
| Acquisitions Net | $- | $-149.79M | $-439.16M | $-313.98M | $-3.80B | $-76.59M | $-114.46M | $-421.66M | $-812.14M | $-1.74B |
| Purchases of Investments | $-600.00M | $-1.03B | $-66.14M | $-33.60M | $-32.95M | $-374.23M | $-21.56M | $-25.00M | $-38.81M | $-59.52M |
| Sales Maturities of Investments | $1.60B | $304.13M | $26.09M | $65.50M | $30.00M | $876.01M | $25.00M | $56.27M | $42.60M | $504.01M |
| Other Investing Activities | $408.32M | $307.50M | $502.67M | $257.25M | $306.74M | $-625.89M | $656.42M | $361.03M | $637.78M | $854.52M |
| Net Cash Used for Investing Activities | $1.41B | $-1.36B | $-626.56M | $-552.76M | $-3.98B | $-1.08B | $-236.51M | $-761.47M | $-969.03M | $-1.46B |
| Debt Repayment | $-1.87B | $971.32M | $-272.46M | $-825.59M | $2.28B | $884.60M | $-1.14B | $1.08B | $216.04M | $1.36B |
| Common Stock Issued | $- | $- | $- | $- | $1.56B | $- | $- | $- | $-328.00K | $- |
| Common Stock Repurchased | $- | $-518.29M | $-515.90M | $-341.89M | $-169.55M | $-369.90M | $-438.85M | $-410.12M | $-259.89M | $-509.28M |
| Dividends Paid | $-3.05B | $-2.44B | $-2.26B | $-2.35B | $-1.45B | $-2.56B | $-2.82B | $-2.23B | $-2.36B | $-2.20B |
| Other Financing Activities | $-79.42M | $-34.04M | $25.00K | $-381.19M | $-229.06M | $-531.84M | $-449.37M | $-351.43M | $-461.43M | $-124.44M |
| Net Cash Used Provided by Financing Activities | $-4.99B | $-2.02B | $-3.05B | $-3.56B | $1.99B | $-2.58B | $-4.48B | $-1.91B | $-2.54B | $-1.47B |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $231.35M | $547.36M | $87.69M | $-477.68M | $342.24M | $155.04M | $-967.97M | $922.25M | $-141.07M | $88.85M |
| Cash at End of Period | $1.40B | $1.17B | $621.63M | $533.94M | $1.01B | $669.37M | $514.34M | $1.48B | $560.06M | $701.13M |
| Cash at Beginning of Period | $1.17B | $621.63M | $533.94M | $1.01B | $669.37M | $514.34M | $1.48B | $560.06M | $701.13M | $612.28M |
| Operating Cash Flow | $3.81B | $3.93B | $3.77B | $3.64B | $2.33B | $3.81B | $3.75B | $3.59B | $3.37B | $3.02B |
| Capital Expenditure | $- | $-793.28M | $-650.02M | $-527.93M | $-484.12M | $-876.01M | $-781.91M | $-732.10M | $-798.47M | $-1.02B |
| Free Cash Flow | $3.06B | $3.14B | $3.12B | $3.11B | $1.84B | $2.93B | $2.97B | $2.86B | $2.57B | $2.00B |