Simon Property (SPG) EBT (2009 - 2025)
Simon Property (SPG) posted quarterly EBT of $618.3 million for Q4 2025, up 2.58% year-over-year from $602.8 million in Q4 2024, and up 8.46% quarter-over-quarter from $570.1 million in Q3 2025.
Simon Property (SPG) EBT (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported EBT for 17 consecutive years, with $618.3 million the latest figure, recorded in Q4 2025.
- In Q4 2025, EBT rose 2.58% year-over-year to $618.3 million; the TTM figure through Dec 2025 stood at $1.8 billion (down 15.93% YoY), while the FY2025 annual figure was $1.4 billion, down 36.73% from the prior year.
- EBT grew to $618.3 million in Q4 2025 per SPG's latest filing, from $570.1 million in the prior quarter.
- Across five years, EBT topped out at $618.3 million in Q4 2025 and bottomed at $145.0 million in Q2 2025.
- Historically, EBT has averaged $470.4 million across 5 years, with a median of $473.2 million in 2022.
- Annual changes were most pronounced in 2021 — EBT jumped 104.07% — and 2025, when it slumped 72.79%.
- Simon Property's EBT stood at $398.0 million in 2021, then rose by 21.42% to $483.3 million in 2022, then gained by 17.36% to $567.2 million in 2023, then rose by 6.27% to $602.8 million in 2024, then advanced by 2.58% to $618.3 million in 2025.
- Business Quant data shows SPG's EBT at $618.3 million in Q4 2025, $570.1 million in Q3 2025, and $145.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.10 Bn | 72.10 Bn | 1.76 Bn | 618.34 Mn |
| 2 | Realty Income | 57.73 Bn | 57.73 Bn | - | 396.32 Mn |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | 122.05 Mn |
| 4 | Federal Realty Investment Trust | 10.02 Bn | 10.02 Bn | 271.22 Mn | 89.22 Mn |
| 5 | Agree Realty | 8.83 Bn | 8.82 Bn | - | 9.91 Mn |
| 6 | Nnn Reit | 8.66 Bn | 8.66 Bn | - | 97.92 Mn |
| 7 | Macerich | 6.63 Bn | 6.63 Bn | 171.77 Mn | -216.15 Mn |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - | 75.12 Mn |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | - |
| 10 | Phillips Edison & Company | 5.00 Bn | 5.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 618.34 Mn |
| Sep 30, 2025 | 570.12 Mn |
| Jun 30, 2025 | 144.96 Mn |
| Mar 31, 2025 | 500.62 Mn |
| Dec 31, 2024 | 602.78 Mn |
| Sep 30, 2024 | 541.35 Mn |
| Jun 30, 2024 | 532.76 Mn |
| Mar 31, 2024 | 504.56 Mn |
| Dec 31, 2023 | 567.22 Mn |
| Sep 30, 2023 | 482.02 Mn |
| Jun 30, 2023 | 439.84 Mn |
| Mar 31, 2023 | 463.29 Mn |
| Dec 31, 2022 | 483.31 Mn |
| Sep 30, 2022 | 464.32 Mn |
| Jun 30, 2022 | 439.45 Mn |
| Mar 31, 2022 | 435.23 Mn |
| Dec 31, 2021 | 398.03 Mn |
| Sep 30, 2021 | 412.55 Mn |
| Jun 30, 2021 | 404.30 Mn |
| Mar 31, 2021 | 402.60 Mn |