Simon Property (SPG) Accumulated Depreciation (2009 - 2026)
Simon Property (SPG) recorded Accumulated Depreciation of $20.99 billion in Q1 2026, up 8.8% from $19.3 billion a year earlier and up 1.4% from the prior quarter.
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Analysis
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 Q1 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 44 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 $20.7 billion (Q4 2025), $20.34 billion (Q3 2025) and $20.02 billion (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 163.22 Bn | 144.72 Bn | 1.39 Bn |
| 2 | Prologis | 123.33 Bn | 118.37 Bn | - |
| 3 | Simon Property | 64.64 Bn | 60.49 Bn | - |
| 4 | Realty Income | 51.06 Bn | 49.28 Bn | - |
| 5 | Public Storage | 50.23 Bn | 49.22 Bn | - |
| 6 | Ventas | 40.92 Bn | 39.61 Bn | - |
| 7 | Extra Space Storage | 27.97 Bn | 27.97 Bn | 642.43 Mn |
| 8 | Vici Properties | 24.77 Bn | 22.89 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.67 Bn | 22.45 Bn | - |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 15.18 Bn |
API Access
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_KEYimport 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();