Simon Property Group Income Statement
SPG / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Simon Property Group reported $1.5B in revenue and $478M in net income for FY2025. Revenue has declined at a 7.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.06 (distress zone, below 1.8 threshold)
- Strong profit margin: 45.8%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B | $6.0B | $5.7B | $5.3B | $5.1B | $4.6B | $5.8B | $5.6B | $5.5B | $5.4B | $5.3B | $4.9B | $4.5B | $4.3B | $4.3B |
| SG&A Expense | $60.9M | $44.7M | $38.5M | $35.0M | $30.3M | $22.6M | $34.9M | $46.5M | $52.0M | $65.1M | $60.3M | $60.0M | $59.8M | $57.1M | $46.3M |
| Operating Income | $727.6M | $3.1B | $2.8B | $2.6B | $2.4B | $2.0B | $2.9B | $2.9B | $2.8B | $2.7B | $2.7B | $2.4B | $2.2B | $2.0B | $1.9B |
| Interest Expense | $974.8M | $905.8M | $854.6M | $761.3M | $795.7M | $784.4M | $789.4M | $815.9M | $809.4M | $857.6M | $923.7M | $992.6M | $1.1B | $1.1B | $983.5M |
| Income Tax | $20.3M | $9.3M | $68.8M | - | - | - | - | - | - | - | $20.2M | $28.1M | $39.5M | $15.7M | $11.6M |
| Net Income | $477.9M | $2.7B | $2.6B | $2.5B | $2.6B | $1.3B | $2.4B | $2.8B | $2.2B | $2.1B | $2.1B | $1.7B | $1.6B | $1.7B | $1.2B |
| EPS (Basic) | $6.98 | $6.52 | $6.84 | $3.59 | $6.81 | - | - | - | - | - | - | - | $3.48 | $2.10 | $1.06 |
| EPS (Diluted) | $6.98 | $6.52 | $6.84 | $1.30 | $1.36 | $7.87 | $6.24 | $5.87 | $5.88 | $4.52 | $4.24 | $4.72 | $3.48 | $2.10 | $1.05 |
| Shares Outstanding | 326.8M | 327.8M | 328.6M | 308.7M | 308.0M | 309.6M | 311.5M | 312.7M | 310.1M | 310.7M | 310.6M | 303.1M | 293.6M | 8.0K | 236.1M |
| Operating Margin | 49.4% | 51.9% | 49.6% | 48.8% | 47.2% | 42.8% | 50.6% | 51.8% | 50.7% | 50.1% | 50.7% | 49.0% | 48.2% | 47.1% | 45.1% |
| Profit Margin | 32.4% | 45.8% | 46.3% | 46.4% | 50.2% | 27.7% | 42.1% | 50.0% | 40.6% | 39.3% | 40.6% | 33.9% | 34.2% | 40.4% | 28.9% |