YouTube · Q1 2026 · 2026-04-22
SPG · NYSE
Simon Property Group, Inc.
REIT - Retail · United States
- 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 websiteQ2 2026
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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.
| Metric | SPGSimon Property Group, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | ADCAgree Realty CorporationSnapshot 2026-10-06Financial period: 2026-06-30 |
|---|---|---|
| Market capMarket value, converted to USD | US$76.93B | US$8.23B |
| Forward P/EProvider forward earnings estimate | 29.92x | 34.49x |
| EV / EBITDAEnterprise value / trailing EBITDA | 18.54x | 17.95x |
| Revenue growthLatest quarter vs prior-year quarter | 19.5% | 16.8% |
| Operating marginLatest reported quarter | 46.0% | 48.1% |
| Free cash flow yieldTrailing cash flow / market cap | 3.4% | 5.4% |
| Net debt / EBITDANet debt / trailing EBITDA | 5.54x | 5.64x |
| Debt / equityTotal debt / positive book equity | 5.04x | 0.59x |
| Trailing P/ETrailing twelve-month earnings | 14.30x | 35.47x |
| Price / bookPrice / positive book equity per share | 14.92x | 1.29x |
| EV / salesEnterprise value / trailing revenue | 13.69x | 15.56x |
| Earnings growthLatest quarter vs prior-year quarter | -12.5% | 2.1% |
| Gross marginTrailing twelve months | 81.4% | 87.7% |
| Net marginTrailing twelve months | 66.6% | 28.8% |
| Return on equityProvider trailing return; positive equity only | 120.5% | 3.7% |
| Free cash flow marginTrailing free cash flow / revenue | 37.4% | 57.4% |
| Dividend yieldIndicated annual dividend / price | 4.4% | 4.9% |
| Earnings payoutProvider trailing dividend payout | 62.1% | 168.9% |
| Current ratioCurrent assets / current liabilities | 0.27x | 0.27x |
| BetaProvider historical market sensitivity | 1.33 | 0.42 |
YouTube · Q1 2026 · 2026-04-22
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
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
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Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
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
Q2 20262026-08-13
Simon Property (SPG) Q2 2026: A 15-Cent EPS Miss, And A 1-Cent Move
Presentation · 2026-08-13 · YouTube
Q1 20262026-05-12
SPG Stock: EPS Beats by 5% — Q1 2026 Earnings Analysis
Presentation · 2026-05-12 · YouTube