Simon Property (SPG) Debt Ratio (2010 - 2025)

Simon Property's (SPG) quarterly Debt Ratio came in at 0.7 in Q4 2025, down 6.5% year-over-year from 0.75 in Q4 2024, and down 8.77% quarter-over-quarter from 0.77 in Q3 2025.

Analysis

Simon Property (SPG) Debt Ratio (2010 - 2025) Analysis & Trends

Simon Property (SPG) has reported Debt Ratio for 16 consecutive years, with 0.7 the latest figure, recorded in Q4 2025.

On a quarterly basis, Debt Ratio fell 6.5% year-over-year to 0.7 in Q4 2025; TTM through Dec 2025 was 0.7, a 6.5% decrease from a year earlier, with the FY2025 full-year figure at 0.7, down 6.5% from the prior year.
Debt Ratio was 0.7 for Q4 2025 at Simon Property, down from 0.77 in the prior quarter.
Over five years, Debt Ratio peaked at 0.77 in Q1 2023 and troughed at 0.7 in Q4 2025.
A 5-year average of 0.75 and a median of 0.76 in 2022 frame the typical range for Debt Ratio.
Across the five-year window, Debt Ratio gained 2.06% in 2023 and fell 6.5% in 2025, its largest moves.
Over 5 years, Debt Ratio stood at 0.75 in 2021, then gained by 0.86% to 0.76 in 2022, then increased by 0.43% to 0.76 in 2023, then slipped by 1.39% to 0.75 in 2024, then decreased by 6.5% to 0.7 in 2025.
The last three Debt Ratio figures came in at 0.7 (Q4 2025), 0.77 (Q3 2025), and 0.76 (Q2 2025), per Business Quant data.

Peer Set

Peer Comparison

All peers

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Welltower	165.94 Bn	165.00 Bn	1.39 Bn	0.20
2	Prologis	126.84 Bn	131.24 Bn	2.41 Bn	0.36
3	Simon Property	67.22 Bn	68.48 Bn	1.76 Bn	0.70
4	Realty Income	53.47 Bn	55.85 Bn	-	0.35
5	Public Storage	50.86 Bn	50.70 Bn	1.20 Bn	0.51
6	Ventas	44.55 Bn	44.86 Bn	1.73 Bn	-
7	Extra Space Storage	28.52 Bn	29.39 Bn	642.43 Mn	0.32
8	Vici Properties	26.41 Bn	25.98 Bn	1.05 Bn	0.35
9	Vivmark Residential	23.37 Bn	23.56 Bn	-	0.37
10	Invitation Homes	16.02 Bn	16.06 Bn	705.34 Mn	0.24

Historic Data

Download Data

Date	Value
Dec 31, 2025	0.70
Sep 30, 2025	0.77
Jun 30, 2025	0.76
Mar 31, 2025	0.76
Dec 31, 2024	0.75
Sep 30, 2024	0.76
Jun 30, 2024	0.76
Mar 31, 2024	0.76
Dec 31, 2023	0.76
Sep 30, 2023	0.76
Jun 30, 2023	0.76
Mar 31, 2023	0.77
Dec 31, 2022	0.76
Sep 30, 2022	0.75
Jun 30, 2022	0.75
Mar 31, 2022	0.75
Dec 31, 2021	0.75
Sep 30, 2021	0.75
Jun 30, 2021	0.75
Mar 31, 2021	0.76

API Access

Simon Property Debt Ratio 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=debt-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Simon Property (SPG) Debt Ratio (2010 - 2025)