Simon Property (SPG) EBITDA Margin (2009 - 2026)
Simon Property's EBITDA Margin was 73.69% in Q1 2026, up 0.15 percentage points from 73.54% a year earlier but down 1.50 percentage points from the prior quarter.
Simon Property (SPG) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Simon Property's EBITDA Margin was 73.35% through Mar 31, 2026, down 0.59 percentage points year-over-year; for FY2025, it came in at 74.31%, down 0.35 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +2.11 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 74.66% in FY2024 (+1.49 pp), 73.17% in FY2023 (-0.07 pp), 73.24% in FY2022 (+0.17 pp) and 73.07% in FY2021 (+0.87 pp).
- Quarterly EBITDA Margin has moved between 70.30% (Q4 2021) and 75.61% (Q4 2024) over five years.
- Compared with a year earlier, EBITDA Margin was higher in five of the last eight quarters, with an average year-over-year change of -0.01 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2022 (a gain of 2.60 percentage points); the worst was Q1 2022 (a drop of 2.64 percentage points).
- Per Business Quant data, SPG's EBITDA Margin in the three quarters before Q1 2026 was 75.19% (Q4 2025), 71.90% (Q3 2025) and 72.29% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.67 Bn | 146.16 Bn | 1.39 Bn | -30.49% |
| 2 | Prologis | 123.63 Bn | 118.68 Bn | - | 80.90% |
| 3 | Simon Property | 64.74 Bn | 60.59 Bn | - | 73.69% |
| 4 | Realty Income | 51.46 Bn | 49.68 Bn | - | 88.01% |
| 5 | Public Storage | 50.61 Bn | 49.60 Bn | - | 61.42% |
| 6 | Ventas | 41.19 Bn | 39.87 Bn | - | 36.41% |
| 7 | Extra Space Storage | 28.16 Bn | 28.16 Bn | 642.43 Mn | 67.55% |
| 8 | Vici Properties | 24.94 Bn | 23.05 Bn | 1.05 Bn | 70.62% |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | - |
| 10 | Essex Property Trust | 17.33 Bn | 17.09 Bn | - | 54.39% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 73.69% |
| Dec 31, 2025 | 75.19% |
| Sep 30, 2025 | 71.90% |
| Jun 30, 2025 | 72.29% |
| Mar 31, 2025 | 73.54% |
| Dec 31, 2024 | 75.61% |
| Sep 30, 2024 | 73.49% |
| Jun 30, 2024 | 72.97% |
| Mar 31, 2024 | 73.47% |
| Dec 31, 2023 | 74.04% |
| Sep 30, 2023 | 72.83% |
| Jun 30, 2023 | 72.79% |
| Mar 31, 2023 | 72.93% |
| Dec 31, 2022 | 72.90% |
| Sep 30, 2022 | 73.61% |
| Jun 30, 2022 | 73.61% |
| Mar 31, 2022 | 72.88% |
| Dec 31, 2021 | 70.30% |
| Sep 30, 2021 | 71.93% |
| Jun 30, 2021 | 74.77% |
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_KEY
import 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();