Simon Property (SPG) EBT Margin (2009 - 2025)
Simon Property's (SPG) quarterly EBT Margin came in at 34.52% in Q4 2025, down 393.0% year-over-year from 11.78% in Q4 2024, and down 3.04% quarter-over-quarter from 35.6% in Q3 2025.
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Analysis
Simon Property (SPG) EBT Margin (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported EBT Margin for 17 consecutive years, with 34.52% the latest figure, recorded in Q4 2025.
- On a quarterly basis, EBT Margin fell 393.0% year-over-year to 34.52% in Q4 2025; TTM through Dec 2025 was 34.58%, a 210.0% decrease from a year earlier, with the FY2025 full-year figure at 34.58%, down 210.0% from the prior year.
- EBT Margin was 34.52% for Q4 2025 at Simon Property, down from 35.6% in the prior quarter.
- Over five years, EBT Margin peaked at 38.45% in Q4 2024 and troughed at 30.01% in Q4 2021.
- A 5-year average of 34.34% and a median of 34.32% in 2023 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin jumped 1276 bps in 2021 and slumped 393 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 30.01% in 2021, then rose by 15 bps to 34.52% in 2022, then gained by 8 bps to 37.14% in 2023, then increased by 4 bps to 38.45% in 2024, then retreated by 10 bps to 34.52% in 2025.
- The last three EBT Margin figures came in at 34.52% (Q4 2025), 35.6% (Q3 2025), and 34.13% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 9.04% |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 50.80% |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 34.52% |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 25.61% |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 41.01% |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 3.14% |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 31.06% |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 50.53% |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | -6.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 34.52% |
| Sep 30, 2025 | 35.60% |
| Jun 30, 2025 | 34.13% |
| Mar 31, 2025 | 33.99% |
| Dec 31, 2024 | 38.45% |
| Sep 30, 2024 | 36.56% |
| Jun 30, 2024 | 36.53% |
| Mar 31, 2024 | 34.98% |
| Dec 31, 2023 | 37.14% |
| Sep 30, 2023 | 34.16% |
| Jun 30, 2023 | 32.11% |
| Mar 31, 2023 | 34.30% |
| Dec 31, 2022 | 34.52% |
| Sep 30, 2022 | 35.29% |
| Jun 30, 2022 | 34.34% |
| Mar 31, 2022 | 33.58% |
| Dec 31, 2021 | 30.01% |
| Sep 30, 2021 | 31.82% |
| Jun 30, 2021 | 32.24% |
| Mar 31, 2021 | 32.47% |
API Access
Simon Property EBT 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=ebt-margin&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();