Simon Property (SPG) EBITDA Margin (2009 - 2025)
Simon Property's (SPG) quarterly EBITDA Margin came in at 49.72% in Q4 2025, down 310.0% year-over-year from 23.67% in Q4 2024, and down 2.05% quarter-over-quarter from 50.76% in Q3 2025.
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Analysis
Simon Property (SPG) EBITDA Margin (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported EBITDA Margin for 17 consecutive years, with 49.72% the latest figure, recorded in Q4 2025.
- On a quarterly basis, EBITDA Margin fell 310.0% year-over-year to 49.72% in Q4 2025; TTM through Dec 2025 was 49.89%, a 197.0% decrease from a year earlier, with the FY2025 full-year figure at 49.89%, down 197.0% from the prior year.
- EBITDA Margin was 49.72% for Q4 2025 at Simon Property, down from 50.76% in the prior quarter.
- Over five years, EBITDA Margin peaked at 52.82% in Q4 2024 and troughed at 44.61% in Q4 2021.
- A 5-year average of 49.46% and a median of 49.3% in 2023 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin surged 914 bps in 2021 and tumbled 310 bps in 2025, its largest moves.
- Over 5 years, EBITDA Margin stood at 44.61% in 2021, then gained by 10 bps to 48.88% in 2022, then advanced by 6 bps to 51.86% in 2023, then increased by 2 bps to 52.82% in 2024, then slipped by 6 bps to 49.72% in 2025.
- The last three EBITDA Margin figures came in at 49.72% (Q4 2025), 50.76% (Q3 2025), and 49.66% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | -51.62% |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 51.59% |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 49.72% |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 45.77% |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 59.90% |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 2.88% |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 44.86% |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 69.58% |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 32.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 48.76% |
API Access
Simon Property EBITDA 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=ebitda-margin&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();