Simon Property SPG-PJ
NYSE SPG-PJ
$55.32 -0.39 (-0.70%)
As of: Sep 9, 2026 · 10:45 AM EDT

Simon Property (SPG-PJ) Operating Leases (2019 - 2025)

Simon Property's (SPG-PJ) quarterly Operating Leases came in at $756.5 million in Q4 2025, up 45.41% year-over-year from $520.3 million in Q4 2024, and up 42.82% quarter-over-quarter from $529.7 million in Q3 2025.

Analysis

Simon Property (SPG-PJ) Operating Leases (2019 - 2025) Analysis & Trends

Simon Property (SPG-PJ) has reported Operating Leases for 7 consecutive years, with $756.5 million the latest figure, recorded in Q4 2025.

  • On a quarterly basis, Operating Leases rose 45.41% year-over-year to $756.5 million in Q4 2025; TTM through Dec 2025 was $756.5 million, a 45.41% increase from a year earlier, with the FY2025 full-year figure at $756.5 million, up 45.41% from the prior year.
  • Operating Leases was $756.5 million for Q4 2025 at Simon Property, up from $529.7 million in the prior quarter.
  • Over five years, Operating Leases peaked at $756.5 million in Q4 2025 and troughed at $484.9 million in Q4 2023.
  • A 5-year average of $521.1 million and a median of $510.1 million in 2021 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases slipped 2.63% in 2023 and surged 45.41% in 2025, its largest moves.
  • Over 5 years, Operating Leases stood at $506.9 million in 2021, then decreased by 1.77% to $498.0 million in 2022, then fell by 2.63% to $484.9 million in 2023, then grew by 7.31% to $520.3 million in 2024, then surged by 45.41% to $756.5 million in 2025.
  • The last three Operating Leases figures came in at $756.5 million (Q4 2025), $529.7 million (Q3 2025), and $516.1 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Simon Property 18.05 Bn 18.05 Bn 1.76 Bn
2 Kimco Realty 15.80 Bn 15.80 Bn 455.67 Mn
3 Federal Realty Investment Trust 9.97 Bn 9.97 Bn 271.22 Mn
4 Macerich 6.38 Bn 6.38 Bn 171.77 Mn
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 -
8 Curbline Properties 3.12 Bn 3.12 Bn -
9 Acadia Realty Trust 2.69 Bn 2.69 Bn 14.03 Mn
10 Urban Edge Properties 2.62 Bn 2.56 Bn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 756.54 Mn
Sep 30, 2025 529.71 Mn
Jun 30, 2025 516.07 Mn
Mar 31, 2025 518.17 Mn
Dec 31, 2024 520.28 Mn
Sep 30, 2024 522.09 Mn
Jun 30, 2024 523.97 Mn
Mar 31, 2024 525.68 Mn
Dec 31, 2023 484.86 Mn
Sep 30, 2023 490.83 Mn
Jun 30, 2023 493.19 Mn
Mar 31, 2023 495.57 Mn
Dec 31, 2022 497.95 Mn
Sep 30, 2022 500.20 Mn
Jun 30, 2022 502.44 Mn
Mar 31, 2022 504.68 Mn
Dec 31, 2021 506.93 Mn
Sep 30, 2021 509.07 Mn
Jun 30, 2021 511.21 Mn
Mar 31, 2021 513.35 Mn