Simon Property (SPG) Accumulated Depreciation (2009 - 2026)
Simon Property (SPG) recorded Accumulated Depreciation of $21.38 billion in Q2 2026, up 6.8% from $20.02 billion a year earlier and up 1.9% from the prior quarter.
Simon Property (SPG) Accumulated Depreciation (2009 - 2026) Analysis & Trends
At the end of FY2025, Simon Property reported Accumulated Depreciation of $20.7 billion, up 8.7% from FY2024.
- Annual Accumulated Depreciation has increased for 12 straight years, with a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- Across earlier years, Accumulated Depreciation came in at $19.05 billion in FY2024 (+7.5%), $17.72 billion in FY2023 (+7.0%), $16.56 billion in FY2022 (+6.0%) and $15.62 billion in FY2021 (+4.9%).
- The Q2 2026 figure is the highest quarterly Accumulated Depreciation in data going back to Q2 2009.
- On a year-over-year basis, Accumulated Depreciation has increased for 45 consecutive quarters, with growth averaging 8.1% over the last eight quarters.
- Across the past five years, year-over-year growth in Accumulated Depreciation ran from 4.9% in Q3 2021 to 9.4% in Q2 2025.
- Per Business Quant, the preceding three quarters came in at $20.99 billion (Q1 2026), $20.7 billion (Q4 2025) and $20.34 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 181.91 Bn | 168.97 Bn | 1.47 Bn |
| 2 | Prologis | 124.85 Bn | 123.24 Bn | - |
| 3 | Simon Property | 78.40 Bn | 75.60 Bn | - |
| 4 | Public Storage | 64.04 Bn | 63.49 Bn | - |
| 5 | Realty Income | 56.32 Bn | 57.70 Bn | - |
| 6 | Ventas | 47.18 Bn | 46.34 Bn | - |
| 7 | Extra Space Storage | 33.64 Bn | 33.42 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.80 Bn | 26.16 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 23.88 Bn | 23.85 Bn | - |
| 10 | Host Hotels & Resorts | 17.89 Bn | 13.15 Bn | 609.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.38 Bn |
| Mar 31, 2026 | 20.99 Bn |
| 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 |
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();