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SPG · NYSE

Simon Property Group, Inc.

REIT - Retail · United States

USD 202.660.7% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$76.93B
Trailing P/E
14.30x
Forward P/E
29.92x
Quarterly revenue growth
19.5%
Trailing net margin
66.6%
Indicated dividend yield
4.4%

Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-02 (provider estimate, not issuer-confirmed).

Company background

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries. Simon Property Group, Inc. was incorporated in 1960 and is based in Indianapolis, Indiana.

Company website

Q2 2026

Go beyond the headline.

Simon Property (SPG) Q2 2026: A 15-Cent EPS Miss, And A 1-Cent Move

Published 2026-08-13

Comparable businesses

SPG peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricSPGSimon Property Group, Inc.Snapshot 2026-10-06Financial period: 2026-06-30ADCAgree Realty CorporationSnapshot 2026-10-06Financial period: 2026-06-30
Market capMarket value, converted to USDUS$76.93BUS$8.23B
Forward P/EProvider forward earnings estimate29.92x34.49x
EV / EBITDAEnterprise value / trailing EBITDA18.54x17.95x
Revenue growthLatest quarter vs prior-year quarter19.5%16.8%
Operating marginLatest reported quarter46.0%48.1%
Free cash flow yieldTrailing cash flow / market cap3.4%5.4%
Net debt / EBITDANet debt / trailing EBITDA5.54x5.64x
Debt / equityTotal debt / positive book equity5.04x0.59x
Trailing P/ETrailing twelve-month earnings14.30x35.47x
Price / bookPrice / positive book equity per share14.92x1.29x
EV / salesEnterprise value / trailing revenue13.69x15.56x
Earnings growthLatest quarter vs prior-year quarter-12.5%2.1%
Gross marginTrailing twelve months81.4%87.7%
Net marginTrailing twelve months66.6%28.8%
Return on equityProvider trailing return; positive equity only120.5%3.7%
Free cash flow marginTrailing free cash flow / revenue37.4%57.4%
Dividend yieldIndicated annual dividend / price4.4%4.9%
Earnings payoutProvider trailing dividend payout62.1%168.9%
Current ratioCurrent assets / current liabilities0.27x0.27x
BetaProvider historical market sensitivity1.330.42

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for SPG

All available reporting periods
Q2 20262026-08-13
Q1 20262026-05-12

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.