Company / Operating Income
Simon Property Group Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$727.6M
FY2025
5-year range
$727.6M / $3.1B
FY2021-FY2025
Trend
-76.5%
vs FY2024
Sector context
#17 of 71
Real Estate
What the data says
Simon Property Group's operating income of $728M is higher than 76% of companies in the Real Estate sector (FY2025). Operating Income has fluctuated over the past 10 years, ranging from $728M in FY2025 to $3.1B in FY2024.
Based on SEC 10-K filings.
$728M in FY2025 with a 5-year CAGR of -18.1%. Top quartile in the Real Estate sector.
Declined from $2.8B to $728M over the past 2 years.
Real Estate sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -34.5%
- 5-Year CAGR
- -18.1%
- 10-Year CAGR
- -
Sector benchmark
+47.5% above sector average
Key checks
Key Insights
- 5-year CAGR of -18.1%, indicating a declining trend.
- In FY2025, operating income decreased 76.5% year-over-year.
- Ranks #17 out of 71 companies in the Real Estate sector.
- Peak operating income was recorded in FY2024.
Company context
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.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $727.6M | -76.5% |
| FY2024 | $3.1B | +10.2% |
| FY2023 | $2.8B | +8.6% |
| FY2022 | $2.6B | +7.1% |
| FY2021 | $2.4B | +22.4% |
| FY2020 | $2.0B | -32.3% |
| FY2019 | $2.9B | -0.5% |
| FY2018 | $2.9B | +4.4% |
| FY2017 | $2.8B | +3.0% |
| FY2016 | $2.7B | +1.9% |
As of FY2025 · SEC 10-K · Updated Mar 15, 2026