Simon Property (SPG) Accumulated Depreciation (2009 - 2025)
Simon Property (SPG) posted quarterly Accumulated Depreciation of $20.7 billion for 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.
- In Q4 2025, Accumulated Depreciation rose 8.69% year-over-year to $20.7 billion; the TTM figure through Dec 2025 stood at $20.7 billion (up 8.69% YoY), while the FY2025 annual figure was $20.7 billion, up 8.69% from the prior year.
- Accumulated Depreciation grew to $20.7 billion in Q4 2025 per SPG's latest filing, from $20.3 billion in the prior quarter.
- Across five years, Accumulated Depreciation topped out at $20.7 billion in Q4 2025 and bottomed at $14.9 billion in Q1 2021.
- Historically, Accumulated Depreciation has averaged $17.5 billion across 5 years, with a median of $17.3 billion in 2023.
- Annual changes were most pronounced in 2021 — Accumulated Depreciation rose 4.88% — and 2025, when it gained 9.4%.
- Simon Property's Accumulated Depreciation stood at $15.6 billion in 2021, then rose by 6.03% to $16.6 billion in 2022, then advanced by 6.96% to $17.7 billion in 2023, then increased by 7.51% to $19.0 billion in 2024, then rose by 8.69% to $20.7 billion in 2025.
- Business Quant data shows SPG's Accumulated Depreciation at $20.7 billion in Q4 2025, $20.3 billion in Q3 2025, and $20.0 billion in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - |
Historic Data
Download 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 |