Simon Property (SPG-PJ) Free Cash Flow (2009 - 2025)

Simon Property (SPG-PJ) reported Free Cash Flow of $948.8 million for Q4 2025, up 9.35% year-over-year from $867.7 million in Q4 2024, and up 38.51% quarter-over-quarter from $685.0 million in Q3 2025.

Simon Property (SPG-PJ) Free Cash Flow (2009 - 2025) Analysis & Trends

Simon Property (SPG-PJ) has 17 years of Free Cash Flow data on file, last reported at $948.8 million in Q4 2025.

  • Free Cash Flow for Q4 2025 came in at $948.8 million, up 9.35% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.2 billion (up 4.68% YoY), and the FY2025 annual result was $3.2 billion, up 4.68% from the prior year.
  • Free Cash Flow rose to $948.8 million in Q4 2025 per SPG-PJ's latest filing, from $685.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $971.3 million in Q2 2025 and troughed at $597.0 million in Q1 2025.
  • A 5-year average of $781.2 million and a median of $768.7 million in 2021 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2021 and 2022: Free Cash Flow soared 1833.0% in 2021, then decreased 16.26% in 2022.
  • A 5-year view of Free Cash Flow shows it stood at $776.5 million in 2021, then slipped by 3.73% to $747.5 million in 2022, then climbed by 14.84% to $858.5 million in 2023, then advanced by 1.07% to $867.7 million in 2024, then climbed by 9.35% to $948.8 million in 2025.
  • Business Quant data shows SPG-PJ's Free Cash Flow at $948.8 million in Q4 2025, $685.0 million in Q3 2025, and $971.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 948.84 Mn
2 Realty Income 55.47 Bn 56.16 Bn - 848.19 Mn
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 258.37 Mn
4 Regency Centers 14.85 Bn 14.97 Bn - 129.89 Mn
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn -190.05 Mn
6 Agree Realty 8.92 Bn 8.90 Bn - -267.18 Mn
7 Nnn Reit 8.68 Bn 8.68 Bn - 44.76 Mn
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - -211.20 Mn
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn 48.71 Mn
10 Simon Property - - 1.76 Bn 948.84 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 948.84 Mn
Dec 31, 2025 948.84 Mn
Sep 30, 2025 685.04 Mn
Sep 30, 2025 685.04 Mn
Jun 30, 2025 971.31 Mn
Jun 30, 2025 971.31 Mn
Mar 31, 2025 597.02 Mn
Mar 31, 2025 597.02 Mn
Dec 31, 2024 867.68 Mn
Dec 31, 2024 867.68 Mn
Sep 30, 2024 706.48 Mn
Sep 30, 2024 706.48 Mn
Jun 30, 2024 874.78 Mn
Jun 30, 2024 874.78 Mn
Mar 31, 2024 610.13 Mn
Mar 31, 2024 610.13 Mn
Dec 31, 2023 858.47 Mn
Dec 31, 2023 858.47 Mn
Sep 30, 2023 708.17 Mn
Sep 30, 2023 708.17 Mn