Simon Property (SPG) Accumulated Depreciation (2009 - 2025)
Simon Property's (SPG) quarterly Accumulated Depreciation came in at $20.7 billion in Q4 2025, up 8.69% year-over-year from $19.0 billion in Q4 2024, and up 1.8% quarter-over-quarter from $20.3 billion in Q3 2025.
Simon Property (SPG) Accumulated Depreciation (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Accumulated Depreciation for 17 consecutive years, with $20.7 billion the latest figure, recorded in Q4 2025.
- On a quarterly basis, Accumulated Depreciation rose 8.69% year-over-year to $20.7 billion in Q4 2025; TTM through Dec 2025 was $20.7 billion, a 8.69% increase from a year earlier, with the FY2025 full-year figure at $20.7 billion, up 8.69% from the prior year.
- Accumulated Depreciation was $20.7 billion for Q4 2025 at Simon Property, up from $20.3 billion in the prior quarter.
- Over five years, Accumulated Depreciation peaked at $20.7 billion in Q4 2025 and troughed at $14.9 billion in Q1 2021.
- A 5-year average of $17.5 billion and a median of $17.3 billion in 2023 frame the typical range for Accumulated Depreciation.
- Across the five-year window, Accumulated Depreciation increased 4.88% in 2021 and rose 9.4% in 2025, its largest moves.
- Over 5 years, Accumulated Depreciation stood at $15.6 billion in 2021, then grew by 6.03% to $16.6 billion in 2022, then rose by 6.96% to $17.7 billion in 2023, then climbed by 7.51% to $19.0 billion in 2024, then grew by 8.69% to $20.7 billion in 2025.
- The last three Accumulated Depreciation figures came in at $20.7 billion (Q4 2025), $20.3 billion (Q3 2025), and $20.0 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 20.70 Bn |
| Sep 30, 2025 | 20.34 Bn |
| Jun 30, 2025 | 20.02 Bn |
| Mar 31, 2025 | 19.30 Bn |
| Dec 31, 2024 | 19.05 Bn |
| Sep 30, 2024 | 18.63 Bn |
| Jun 30, 2024 | 18.30 Bn |
| Mar 31, 2024 | 18.01 Bn |
| Dec 31, 2023 | 17.72 Bn |
| Sep 30, 2023 | 17.41 Bn |
| Jun 30, 2023 | 17.13 Bn |
| Mar 31, 2023 | 16.82 Bn |
| Dec 31, 2022 | 16.56 Bn |
| Sep 30, 2022 | 16.25 Bn |
| Jun 30, 2022 | 15.98 Bn |
| Mar 31, 2022 | 15.80 Bn |
| Dec 31, 2021 | 15.62 Bn |
| Sep 30, 2021 | 15.41 Bn |
| Jun 30, 2021 | 15.18 Bn |
| Mar 31, 2021 | 14.88 Bn |
Simon Property Accumulated Depreciation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-depreciation", "ticker": "SPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();