Simon Property (SPG-PJ) Net Margin (2009 - 2025)
Simon Property's (SPG-PJ) quarterly Net Margin came in at 170.16% in Q4 2025, up 12799.0% year-over-year from N/an in Q4 2024, and up 349.57% quarter-over-quarter from 37.85% in Q3 2025.
Analysis
Simon Property (SPG-PJ) Net Margin (2009 - 2025) Analysis & Trends
Simon Property (SPG-PJ) has reported Net Margin for 17 consecutive years, with 170.16% the latest figure, recorded in Q4 2025.
- On a quarterly basis, Net Margin rose 12799.0% year-over-year to 170.16% in Q4 2025; TTM through Dec 2025 was 72.66%, a 3296.0% increase from a year earlier, with the FY2025 full-year figure at 72.66%, up 3296.0% from the prior year.
- Net Margin was 170.16% for Q4 2025 at Simon Property, up from 37.85% in the prior quarter.
- Over five years, Net Margin peaked at 170.16% in Q4 2025 and troughed at 28.09% in Q1 2025.
- A 5-year average of 46.42% and a median of 38.38% in 2022 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 12799 bps in 2025, down 2264 bps in 2025.
- Over 5 years, Net Margin stood at 37.95% in 2021, then gained by 27 bps to 48.13% in 2022, then increased by 2 bps to 48.94% in 2023, then dropped by 14 bps to 42.17% in 2024, then jumped by 303 bps to 170.16% in 2025.
- The last three Net Margin figures came in at 170.16% (Q4 2025), 37.85% (Q3 2025), and 37.11% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 18.05 Bn | 18.05 Bn | 1.76 Bn | 170.16% |
| 2 | Kimco Realty | 15.80 Bn | 15.80 Bn | 455.67 Mn | 26.46% |
| 3 | Federal Realty Investment Trust | 9.97 Bn | 9.97 Bn | 271.22 Mn | 24.93% |
| 4 | Macerich | 6.38 Bn | 6.38 Bn | 171.77 Mn | -42.51% |
| 5 | Kite Realty Group Trust | 5.26 Bn | 5.26 Bn | - | 82.19% |
| 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 | - | 10.92% |
| 9 | Acadia Realty Trust | 2.69 Bn | 2.69 Bn | 14.03 Mn | 11.57% |
| 10 | Urban Edge Properties | 2.62 Bn | 2.56 Bn | - | 15.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 170.16% |
| Sep 30, 2025 | 37.85% |
| Jun 30, 2025 | 37.11% |
| Mar 31, 2025 | 28.09% |
| Dec 31, 2024 | 42.17% |
| Sep 30, 2024 | 32.09% |
| Jun 30, 2024 | 33.84% |
| Mar 31, 2024 | 50.72% |
| Dec 31, 2023 | 48.94% |
| Sep 30, 2023 | 42.11% |
| Jun 30, 2023 | 35.51% |
| Mar 31, 2023 | 33.45% |
| Dec 31, 2022 | 48.13% |
| Sep 30, 2022 | 40.97% |
| Jun 30, 2022 | 38.81% |
| Mar 31, 2022 | 32.92% |
| Dec 31, 2021 | 37.95% |
| Sep 30, 2021 | 52.44% |
| Jun 30, 2021 | 49.22% |
| Mar 31, 2021 | 35.96% |