Simon Property (SPG) Acquisitions, Development and Improvements of Real Estate (2009 - 2026)
Simon Property (SPG) recorded Capital Expenditures of $236.89 million in Q2 2026, down 69.9% from $787.38 million a year earlier but up 13.7% from the prior quarter.
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Analysis
Simon Property (SPG) Acquisitions, Development and Improvements of Real Estate (2009 - 2026) Analysis & Trends
On a TTM basis, Simon Property's Capital Expenditures came in at $1.08 billion as of Jun 30, 2026, down 42.0% year-over-year; for FY2025, it came in at $2.05 billion, up 152.4% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of -12.9% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $811.69 million in FY2024 (-5.5%), $859.11 million in FY2023 (+0.7%), $853.39 million in FY2022 (+8.7%) and $785.02 million in FY2021 (-80.8%).
- Quarterly Capital Expenditures has ranged from $154.65 million in Q1 2022 to $787.38 million in Q2 2025 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in five of the last eight quarters, with growth averaging 68.1%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 318.0% in Q2 2025, against a decline of 94.2% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $208.4 million (Q1 2026), $408.19 million (Q4 2025) and $230.56 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 236.89 Mn |
| Mar 31, 2026 | 208.40 Mn |
| Dec 31, 2025 | 408.19 Mn |
| Sep 30, 2025 | 230.56 Mn |
| Jun 30, 2025 | 787.38 Mn |
| Mar 31, 2025 | 622.59 Mn |
| Dec 31, 2024 | 273.98 Mn |
| Sep 30, 2024 | 186.37 Mn |
| Jun 30, 2024 | 188.37 Mn |
| Mar 31, 2024 | 162.97 Mn |
| Dec 31, 2023 | 216.41 Mn |
| Sep 30, 2023 | 227.70 Mn |
| Jun 30, 2023 | 221.23 Mn |
| Mar 31, 2023 | 193.78 Mn |
| Dec 31, 2022 | 358.01 Mn |
| Sep 30, 2022 | 172.03 Mn |
| Jun 30, 2022 | 168.70 Mn |
| Mar 31, 2022 | 154.65 Mn |
| Dec 31, 2021 | 208.46 Mn |
| Sep 30, 2021 | 190.81 Mn |
API Access
Simon Property Acquisitions, Development and Improvements of Real Estate 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=acquisitions-development-and-improvements-of-real-estate&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions-development-and-improvements-of-real-estate", "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=acquisitions-development-and-improvements-of-real-estate&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();