Simon Property (SPG-PJ) Free Cash Flow (2009 - 2025)
Simon Property's (SPG-PJ) quarterly Free Cash Flow came in at $948.8 million in 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.
Analysis
Simon Property (SPG-PJ) Free Cash Flow (2009 - 2025) Analysis & Trends
Simon Property (SPG-PJ) has reported Free Cash Flow for 17 consecutive years, with $948.8 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Free Cash Flow rose 9.35% year-over-year to $948.8 million in Q4 2025; TTM through Dec 2025 was $3.2 billion, a 4.68% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 4.68% from the prior year.
- Free Cash Flow was $948.8 million for Q4 2025 at Simon Property, up 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.
- Across the five-year window, Free Cash Flow surged 1833.0% in 2021 and retreated 16.26% in 2022, its largest moves.
- Over 5 years, Free Cash Flow stood at $776.5 million in 2021, then decreased by 3.73% to $747.5 million in 2022, then advanced by 14.84% to $858.5 million in 2023, then gained by 1.07% to $867.7 million in 2024, then advanced by 9.35% to $948.8 million in 2025.
- The last three Free Cash Flow figures came in at $948.8 million (Q4 2025), $685.0 million (Q3 2025), and $971.3 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 18.05 Bn | 18.05 Bn | 1.76 Bn | 948.84 Mn |
| 2 | Kimco Realty | 15.81 Bn | 15.81 Bn | 455.67 Mn | - |
| 3 | Federal Realty Investment Trust | 9.96 Bn | 9.96 Bn | 271.22 Mn | - |
| 4 | Macerich | 6.38 Bn | 6.38 Bn | 171.77 Mn | -174.57 Mn |
| 5 | Kite Realty Group Trust | 5.26 Bn | 5.26 Bn | - | - |
| 6 | Phillips Edison & Company | 4.87 Bn | 4.87 Bn | - | -23.94 Mn |
| 7 | Tanger | 4.22 Bn | 4.22 Bn | - | 52.66 Mn |
| 8 | Curbline Properties | 3.12 Bn | 3.12 Bn | - | -326.23 Mn |
| 9 | Acadia Realty Trust | 2.69 Bn | 2.69 Bn | 14.03 Mn | -60.22 Mn |
| 10 | Urban Edge Properties | 2.62 Bn | 2.56 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 948.84 Mn |
| Sep 30, 2025 | 685.04 Mn |
| Jun 30, 2025 | 971.31 Mn |
| Mar 31, 2025 | 597.02 Mn |
| Dec 31, 2024 | 867.68 Mn |
| Sep 30, 2024 | 706.48 Mn |
| Jun 30, 2024 | 874.78 Mn |
| Mar 31, 2024 | 610.13 Mn |
| Dec 31, 2023 | 858.47 Mn |
| Sep 30, 2023 | 708.17 Mn |
| Jun 30, 2023 | 908.26 Mn |
| Mar 31, 2023 | 662.61 Mn |
| Dec 31, 2022 | 747.51 Mn |
| Sep 30, 2022 | 785.61 Mn |
| Jun 30, 2022 | 946.25 Mn |
| Mar 31, 2022 | 637.22 Mn |
| Dec 31, 2021 | 776.47 Mn |
| Sep 30, 2021 | 683.91 Mn |
| Jun 30, 2021 | 888.13 Mn |
| Mar 31, 2021 | 760.95 Mn |