Simon Property SPG-PJ
NYSE SPG-PJ
$55.32 -0.39 (-0.70%)
As of: Sep 9, 2026 · 9:46 AM EDT

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

Simon Property's (SPG-PJ) quarterly Tax Rate came in at 1.1% in Q4 2025, up 415.0% year-over-year from 0.21% in Q4 2024, and down 141.46% quarter-over-quarter from 2.65% in Q3 2025.

Analysis

Simon Property (SPG-PJ) Tax Rate (2009 - 2025) Analysis & Trends

Simon Property (SPG-PJ) has reported Tax Rate for 17 consecutive years, with 1.1% the latest figure, recorded in Q4 2025.

  • On a quarterly basis, Tax Rate rose 415.0% year-over-year to 1.1% in Q4 2025; TTM through Dec 2025 was 1.63%, a 56.0% increase from a year earlier, with the FY2025 full-year figure at 1.63%, up 56.0% from the prior year.
  • Tax Rate was 1.1% for Q4 2025 at Simon Property, down 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.
  • Across the five-year window, Tax Rate soared 1493 bps in 2021 and tumbled 1453 bps in 2022, its largest moves.
  • Over 5 years, Tax Rate stood at 12.27% in 2021, then slipped by 12 bps to 10.83% in 2022, then slumped by 32 bps to 7.34% in 2023, then slumped by 171 bps to 5.25% in 2024, then surged by 79 bps to 1.1% in 2025.
  • The last three Tax Rate figures came in at 1.1% (Q4 2025), 2.65% (Q3 2025), and 6.86% (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Simon Property 18.05 Bn 18.05 Bn 1.76 Bn -1.10%
2 Kimco Realty 15.92 Bn 15.92 Bn 455.67 Mn 0.00%
3 Federal Realty Investment Trust 10.05 Bn 10.05 Bn 271.22 Mn -
4 Macerich 6.42 Bn 6.42 Bn 171.77 Mn -0.47%
5 Kite Realty Group Trust 5.30 Bn 5.30 Bn - -
6 Phillips Edison & Company 4.92 Bn 4.92 Bn - -
7 Tanger 4.25 Bn 4.25 Bn - -
8 Curbline Properties 3.16 Bn 3.16 Bn - 0.93%
9 Acadia Realty Trust 2.72 Bn 2.72 Bn 14.03 Mn 0.67%
10 Urban Edge Properties 2.64 Bn 2.58 Bn - 3.86%
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.10%
Sep 30, 2025 2.65%
Jun 30, 2025 6.86%
Mar 31, 2025 -1.53%
Dec 31, 2024 -5.25%
Sep 30, 2024 0.48%
Jun 30, 2024 0.93%
Mar 31, 2024 9.43%
Dec 31, 2023 7.34%
Sep 30, 2023 8.97%
Jun 30, 2023 2.38%
Mar 31, 2023 -2.90%
Dec 31, 2022 10.83%
Sep 30, 2022 1.78%
Jun 30, 2022 5.54%
Mar 31, 2022 -0.33%
Dec 31, 2021 12.27%
Sep 30, 2021 16.30%
Jun 30, 2021 11.63%
Mar 31, 2021 -1.46%