Simon Property (SPG) Capital Expenditures (2009 - 2025)
Simon Property (SPG) posted quarterly Capital Expenditures of $254.9 million for Q4 2025, up 17.0% year-over-year from $217.9 million in Q4 2024, and up 24.21% quarter-over-quarter from $205.2 million in Q3 2025.
Analysis
Simon Property (SPG) Capital Expenditures (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Capital Expenditures for 17 consecutive years, with $254.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Capital Expenditures rose 17.0% year-over-year to $254.9 million; the TTM figure through Dec 2025 stood at $934.3 million (up 23.66% YoY), while the FY2025 annual figure was $934.3 million, up 23.66% from the prior year.
- Capital Expenditures rose to $254.9 million in Q4 2025 per SPG's latest filing, from $205.2 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $254.9 million in Q4 2025 and bottomed at $108.5 million in Q4 2021.
- Historically, Capital Expenditures has averaged $183.1 million across 5 years, with a median of $185.5 million in 2022.
- On a YoY basis, Capital Expenditures climbed as much as 225.96% in 2021 and fell as far as 46.15% in 2021.
- Simon Property's Capital Expenditures stood at $108.5 million in 2021, then surged by 70.24% to $184.6 million in 2022, then dropped by 3.44% to $178.3 million in 2023, then grew by 22.2% to $217.9 million in 2024, then advanced by 17.0% to $254.9 million in 2025.
- Business Quant data shows SPG's Capital Expenditures at $254.9 million in Q4 2025, $205.2 million in Q3 2025, and $244.0 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 68.54 Bn | 68.54 Bn | 1.76 Bn | 254.90 Mn |
| 2 | Realty Income | 57.28 Bn | 57.28 Bn | - | 1.90 Bn |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | - |
| 4 | Federal Realty Investment Trust | 10.18 Bn | 10.18 Bn | 271.22 Mn | - |
| 5 | Agree Realty | 8.71 Bn | 8.70 Bn | - | 457.67 Mn |
| 6 | Nnn Reit | 8.55 Bn | 8.55 Bn | - | 287.06 Mn |
| 7 | Essential Properties Realty Trust | 6.48 Bn | 6.48 Bn | - | 236.77 Mn |
| 8 | Macerich | 6.41 Bn | 6.41 Bn | 171.77 Mn | 241.44 Mn |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | - |
| 10 | Phillips Edison & Company | 4.94 Bn | 4.94 Bn | - | 141.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 254.90 Mn |
| Sep 30, 2025 | 205.22 Mn |
| Jun 30, 2025 | 244.02 Mn |
| Mar 31, 2025 | 230.20 Mn |
| Dec 31, 2024 | 217.87 Mn |
| Sep 30, 2024 | 186.37 Mn |
| Jun 30, 2024 | 188.37 Mn |
| Mar 31, 2024 | 162.97 Mn |
| Dec 31, 2023 | 178.29 Mn |
| Sep 30, 2023 | 227.70 Mn |
| Jun 30, 2023 | 221.23 Mn |
| Mar 31, 2023 | 166.07 Mn |
| Dec 31, 2022 | 184.64 Mn |
| Sep 30, 2022 | 156.04 Mn |
| Jun 30, 2022 | 154.70 Mn |
| Mar 31, 2022 | 154.65 Mn |
| Dec 31, 2021 | 108.46 Mn |
| Sep 30, 2021 | 190.81 Mn |
| Jun 30, 2021 | 113.86 Mn |
| Mar 31, 2021 | 114.81 Mn |