Simon Property (SPG) Cash from Operations (2009 - 2026)
Simon Property's Cash from Operations was $833.38 million in Q1 2026, up 0.7% from $827.22 million a year earlier but down 30.8% from the prior quarter.
Simon Property (SPG) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Simon Property's Cash from Operations was $4.14 billion through Mar 31, 2026, up 7.1% year-over-year; for FY2025, it came in at $4.14 billion, up 8.4% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $3.81 billion in FY2024 (-3.0%), $3.93 billion in FY2023 (+4.4%), $3.77 billion in FY2022 (+3.6%) and $3.64 billion in FY2021 (+56.3%).
- Quarterly Cash from Operations has moved between $773.1 million (Q1 2024) and $1.22 billion (Q2 2025) over five years.
- Compared with a year earlier, Cash from Operations was higher in five of the last eight quarters, with growth averaging 3.4%.
- The best year-over-year quarter for Cash from Operations over five years was Q3 2021 (growth of 41.7%); the worst was Q1 2022 (a decline of 9.6%).
- Per Business Quant data, SPG's Cash from Operations in the three quarters before Q1 2026 was $1.2 billion (Q4 2025), $890.26 million (Q3 2025) and $1.22 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | 1.00 Bn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 1.35 Bn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 833.38 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | 1.15 Bn |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 868.44 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | 556.55 Mn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | 586.41 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | 728.18 Mn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 301.88 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 254.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 833.38 Mn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 890.26 Mn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 827.22 Mn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 892.85 Mn |
| Jun 30, 2024 | 1.06 Bn |
| Mar 31, 2024 | 773.10 Mn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 935.87 Mn |
| Jun 30, 2023 | 1.13 Bn |
| Mar 31, 2023 | 828.68 Mn |
| Dec 31, 2022 | 932.14 Mn |
| Sep 30, 2022 | 941.65 Mn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 791.87 Mn |
| Dec 31, 2021 | 884.93 Mn |
| Sep 30, 2021 | 874.72 Mn |
| Jun 30, 2021 | 1.00 Bn |
Simon Property Cash from Operations 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=cash-from-operations&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();