Simon Property (SPG) EBIT Margin (2009 - 2026)
Simon Property (SPG) recorded EBIT Margin of 43.38% in Q1 2026, down 6.02 percentage points from 49.40% a year earlier and down 6.34 percentage points from the prior quarter.
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Analysis
Simon Property (SPG) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Simon Property's EBIT Margin came in at 48.28% as of Mar 31, 2026, down 3.19 percentage points year-over-year; for FY2025, it came in at 49.89%, down 1.97 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of +7.10 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 51.86% in FY2024 (+2.26 pp), 49.60% in FY2023 (+0.78 pp), 48.83% in FY2022 (+1.66 pp) and 47.16% in FY2021 (+4.37 pp).
- The Q1 2026 figure is the lowest quarterly EBIT Margin since Q4 2020.
- On a year-over-year basis, EBIT Margin has declined for five consecutive quarters, with an average year-over-year change of -0.82 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 9.14 percentage points in Q3 2021, against a drop of 6.02 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 49.72% (Q4 2025), 50.76% (Q3 2025) and 49.66% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.84 Bn | 146.33 Bn | 1.39 Bn | -51.62% |
| 2 | Prologis | 123.53 Bn | 118.57 Bn | - | 51.59% |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 43.38% |
| 4 | Realty Income | 51.42 Bn | 49.64 Bn | - | 45.77% |
| 5 | Public Storage | 50.50 Bn | 49.49 Bn | - | 37.85% |
| 6 | Ventas | 41.24 Bn | 39.93 Bn | - | 12.39% |
| 7 | Extra Space Storage | 28.08 Bn | 28.08 Bn | 642.43 Mn | 44.86% |
| 8 | Vici Properties | 24.88 Bn | 22.99 Bn | 1.05 Bn | 69.48% |
| 9 | Vivmark Residential | 22.71 Bn | 22.49 Bn | - | - |
| 10 | Essex Property Trust | 17.35 Bn | 17.11 Bn | - | 22.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 43.38% |
| Dec 31, 2025 | 49.72% |
| Sep 30, 2025 | 50.76% |
| Jun 30, 2025 | 49.66% |
| Mar 31, 2025 | 49.40% |
| Dec 31, 2024 | 52.82% |
| Sep 30, 2024 | 51.85% |
| Jun 30, 2024 | 51.71% |
| Mar 31, 2024 | 50.96% |
| Dec 31, 2023 | 51.86% |
| Sep 30, 2023 | 49.20% |
| Jun 30, 2023 | 48.04% |
| Mar 31, 2023 | 49.06% |
| Dec 31, 2022 | 48.88% |
| Sep 30, 2022 | 49.57% |
| Jun 30, 2022 | 48.97% |
| Mar 31, 2022 | 47.87% |
| Dec 31, 2021 | 44.61% |
| Sep 30, 2021 | 47.23% |
| Jun 30, 2021 | 48.22% |
API Access
Simon Property EBIT Margin 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=ebit-margin&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();