Simon Property (SPG-PJ) EBT Margin (2009 - 2025)
Simon Property's (SPG-PJ) quarterly EBT Margin came in at 34.52% in Q4 2025, down 393.0% year-over-year from 11.78% in Q4 2024, and down 3.04% quarter-over-quarter from 35.6% in Q3 2025.
Analysis
Simon Property (SPG-PJ) EBT Margin (2009 - 2025) Analysis & Trends
Simon Property (SPG-PJ) has reported EBT Margin for 17 consecutive years, with 34.52% the latest figure, recorded in Q4 2025.
- On a quarterly basis, EBT Margin fell 393.0% year-over-year to 34.52% in Q4 2025; TTM through Dec 2025 was 34.58%, a 210.0% decrease from a year earlier, with the FY2025 full-year figure at 34.58%, down 210.0% from the prior year.
- EBT Margin was 34.52% for Q4 2025 at Simon Property, down from 35.6% in the prior quarter.
- Over five years, EBT Margin peaked at 38.45% in Q4 2024 and troughed at 30.01% in Q4 2021.
- A 5-year average of 34.34% and a median of 34.32% in 2023 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin jumped 1276 bps in 2021 and slumped 393 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 30.01% in 2021, then rose by 15 bps to 34.52% in 2022, then gained by 8 bps to 37.14% in 2023, then increased by 4 bps to 38.45% in 2024, then retreated by 10 bps to 34.52% in 2025.
- The last three EBT Margin figures came in at 34.52% (Q4 2025), 35.6% (Q3 2025), and 34.13% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 18.05 Bn | 18.05 Bn | 1.76 Bn | 34.52% |
| 2 | Kimco Realty | 15.80 Bn | 15.80 Bn | 455.67 Mn | 22.16% |
| 3 | Federal Realty Investment Trust | 9.97 Bn | 9.97 Bn | 271.22 Mn | 26.58% |
| 4 | Macerich | 6.38 Bn | 6.38 Bn | 171.77 Mn | -42.31% |
| 5 | Kite Realty Group Trust | 5.26 Bn | 5.26 Bn | - | - |
| 6 | Phillips Edison & Company | 4.87 Bn | 4.87 Bn | - | - |
| 7 | Tanger | 4.21 Bn | 4.21 Bn | - | 19.66% |
| 8 | Curbline Properties | 3.12 Bn | 3.12 Bn | - | 11.04% |
| 9 | Acadia Realty Trust | 2.69 Bn | 2.69 Bn | 14.03 Mn | 24.09% |
| 10 | Urban Edge Properties | 2.62 Bn | 2.56 Bn | - | 15.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 34.52% |
| Sep 30, 2025 | 35.60% |
| Jun 30, 2025 | 34.13% |
| Mar 31, 2025 | 33.99% |
| Dec 31, 2024 | 38.45% |
| Sep 30, 2024 | 36.56% |
| Jun 30, 2024 | 36.53% |
| Mar 31, 2024 | 34.98% |
| Dec 31, 2023 | 37.14% |
| Sep 30, 2023 | 34.16% |
| Jun 30, 2023 | 32.11% |
| Mar 31, 2023 | 34.30% |
| Dec 31, 2022 | 34.52% |
| Sep 30, 2022 | 35.29% |
| Jun 30, 2022 | 34.34% |
| Mar 31, 2022 | 33.58% |
| Dec 31, 2021 | 30.01% |
| Sep 30, 2021 | 31.82% |
| Jun 30, 2021 | 32.24% |
| Mar 31, 2021 | 32.47% |