Simon Property (SPG-PJ) Tax Rate (2009 - 2025)

Simon Property (SPG-PJ) has 17 years of Tax Rate data on file, last reported at 1.1% in Q4 2025.

• Tax Rate for Q4 2025 came in at 1.1%, up 415.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 1.63% (up 56.0% YoY), and the FY2025 annual result was 1.63%, up 56.0% from the prior year.
• Tax Rate declined to 1.1% in Q4 2025 per SPG-PJ's latest filing, from 2.65% in the prior quarter.
• Over five years, Tax Rate peaked at 16.3% in Q3 2021 and troughed at 5.25% in Q4 2024.
• A 5-year average of 4.24% and a median of 2.52% in 2023 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2021 and 2022: Tax Rate jumped 1493 bps in 2021, then slumped 1453 bps in 2022.
• A 5-year view of Tax Rate shows it stood at 12.27% in 2021, then dropped by 12 bps to 10.83% in 2022, then sank by 32 bps to 7.34% in 2023, then sank by 171 bps to 5.25% in 2024, then soared by 79 bps to 1.1% in 2025.
• Business Quant data shows SPG-PJ's Tax Rate at 1.1% in Q4 2025, 2.65% in Q3 2025, and 6.86% in Q2 2025.