Simon Property (SPG) Capital Expenditures (2009 - 2026)
Simon Property (SPG) recorded Capital Expenditures of $208.4 million in Q1 2026, down 9.5% from $230.2 million a year earlier and down 18.2% from the prior quarter.
Simon Property (SPG) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Simon Property's Capital Expenditures came in at $912.54 million as of Mar 31, 2026, up 10.9% year-over-year; for FY2025, it came in at $934.35 million, up 23.7% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $755.58 million in FY2024 (-4.8%), $793.28 million in FY2023 (+22.0%), $650.02 million in FY2022 (+23.1%) and $527.94 million in FY2021 (+9.1%).
- Quarterly Capital Expenditures has ranged from $108.46 million in Q4 2021 to $254.9 million in Q4 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 9.7%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 226.0% in Q3 2021, against a decline of 18.2% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $254.9 million (Q4 2025), $205.22 million (Q3 2025) and $244.02 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | 5.21 Bn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 799.74 Mn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 208.40 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | 1.90 Bn |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 185.52 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | 1.48 Bn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | 158.83 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | 141.09 Mn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 98.33 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 31.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 208.40 Mn |
| Dec 31, 2025 | 153.29 Mn |
| Sep 30, 2025 | 25.34 Mn |
| Jun 30, 2025 | 543.35 Mn |
| Mar 31, 2025 | 392.39 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 |
Simon Property Capital Expenditures 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=capital-expenditures&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();