Simon Property Group Inc. (SPG)
Real Estate · Retail REITs · US stock · S&P 500 component
$205.44
▲ +2.05 (1.01%)
Day's range
$203.61 – $206.50
52-week range
$164.57 – $235.97
About Simon Property Group Inc.
Simon Property Group is a real estate investment trust that owns and operates shopping destinations, including enclosed malls, premium outlet centres and mixed-use properties. Its tenants are retailers, restaurants and entertainment operators, and its properties draw large numbers of shoppers. The company is based in the United States, where most of its portfolio is located, and it also holds interests in retail centres overseas through partnerships.
Most of the income is rent and related charges paid by the tenants occupying its centres. Revenue for the last twelve months was $6.9 billion, up 6.3% a year across the last three years. The operating margin is 47.4%, and the business earns a profit of 8% on the capital invested in it. It carries net debt of 5.7 times EBITDA. The company pays a dividend with a yield of 4.3%. On the site's X-Ray Score it receives 47 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $164.57 – $235.97Volume 1,658,100Daily, split-adjusted
Vitals
Market cap$66.6B
52-week range$164.57 – $235.97
Volume (last day)1,658,100
P/E (TTM)12.4
EBIT / EV yield3.4%
Free-cash-flow yield4.8%
Dividend yield4.3%
Revenue (TTM)$6.9B
Net income (TTM)$5.4B
Operating margin47.4%
Return on capital7.9%
Debt incl. leases$29.4B
Cash & securities$1.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
Not rated
REIT valuation (FFO multiples + DDM) not built yet: not rated
What this means
Read the lenses below
A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.
Valuation
Fair
50/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield3.4%
Free-cash-flow yield4.8%
Growth
Fair
63/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)6.3%
EPS growth (3y)29.5%
Growth consistency100%
Profitability
Fair
57/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital7.9%
Operating margin47.4%
Financial health
Weak
21/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score4 / 9
Net debt / EBITDA5.7×
Interest cover3.1×
Dividends
Weak
32/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield4.3%
Dividends vs free cash flow90%
Quarterly results: last 6 quarters
+2.1%
Mar '25
+2.8%
Jun '25
+8.2%
Sep '25
+13.2%
Dec '25
+19.3%
Mar '26
+19.5%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.8B, diluted EPS $1.49.
Compare with peers
FRT Federal Realty Investm...65 KIM Kimco Realty Corp64 O Realty Income Corp49Other Retail REITs companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 5 Average · ● 4 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Piotroski F-ScoreBad
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Net debt / EBITDABad
Interest coverBad
Valuation
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 46/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.3B | $5.7B | $6.0B | $6.4B |
| Operating income | $2.4B | $2.6B | $2.8B | $3.1B | $3.2B |
| Net income | $2.6B | $2.5B | $2.6B | $2.7B | $5.4B |
| Operating cash flow | $3.6B | $3.8B | $3.9B | $3.8B | $4.1B |
| Operating margin | 47.2% | 48.8% | 49.6% | 51.9% | 49.9% |
| Free cash flow | $3.1B | $3.1B | $3.1B | $3.1B | $3.2B |
| Diluted EPS | $6.84 | $6.52 | $6.98 | $7.26 | $14.17 |
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
7 bullish · 2 neutral · 7 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 200.9 | Bullish |
| EMA 10 | 201.9 | Bullish |
| SMA 20 | 202.3 | Bullish |
| EMA 20 | 202.7 | Bullish |
| SMA 50 | 208.2 | Bearish |
| EMA 50 | 206.7 | Bearish |
| SMA 100 | 212.8 | Bearish |
| EMA 100 | 207.3 | Bearish |
| SMA 200 | 201.1 | Bullish |
| EMA 200 | 200.5 | Bullish |
Oscillators (daily)
| RSI (14) | 54.05 | Neutral |
| MACD (12, 26) | -1.71 | Bearish |
| Momentum (12) | 2.33 | Bullish |
| Stochastic %K (14) | 89.12 | Bearish |
| Williams %R (14) | -10.88 | Bearish |
| CCI (20) | 92.31 | Neutral |
Pivot points (classic, last session)
S3 201.0 | S2 202.3 | S1 203.9 | Pivot 205.2 | R1 206.8 | R2 208.1 | R3 209.6 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
8.90 USD
Yield on today's price
4.33%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 9 Sep 2026 | 2.2500 |
| 9 Jun 2026 | 2.2500 |
| 10 Mar 2026 | 2.2000 |
| 10 Dec 2025 | 2.2000 |
| 9 Sep 2025 | 2.1500 |
| 9 Jun 2025 | 2.1000 |
| 10 Mar 2025 | 2.1000 |
| 9 Dec 2024 | 2.1000 |
| 9 Sep 2024 | 2.0500 |
| 7 Jun 2024 | 2.0000 |
| 7 Mar 2024 | 1.9500 |
| 7 Dec 2023 | 1.9000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
SPG SEC filings
10 Aug 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
10 Aug 2026
10-QSEC EDGAR
Quarterly report
15 May 2026
8-KSEC EDGAR
Shareholder vote results
11 May 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
11 May 2026
10-QSEC EDGAR
Quarterly report
1 Apr 2026
DEF 14ASEC EDGAR
Proxy statement
24 Mar 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
5 Mar 2026
8-KSEC EDGAR
Entered a material agreement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.