Simon Property (SPG) Enterprise Value (2009 - 2025)
Simon Property (SPG) posted quarterly Enterprise Value of -$589.8 million for Q4 2025, up 51.48% year-over-year from -$389.4 million in Q4 2024, and up 50.6% quarter-over-quarter from -$1.2 billion in Q3 2025.
Simon Property (SPG) Enterprise Value (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Enterprise Value for 17 consecutive years, with -$589.8 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Enterprise Value rose 51.48% year-over-year to -$589.8 million; the TTM figure through Dec 2025 stood at -$589.8 million (up 51.48% YoY), while the FY2025 annual figure was -$589.8 million, up 51.48% from the prior year.
- Enterprise Value climbed to -$589.8 million in Q4 2025 per SPG's latest filing, from -$1.2 billion in the prior quarter.
- Across five years, Enterprise Value topped out at $58.2 million in Q3 2021 and bottomed at -$2.3 billion in Q2 2024.
- Historically, Enterprise Value has averaged -$858.8 million across 5 years, with a median of -$658.5 million in 2023.
- Annual changes were most pronounced in 2021 — Enterprise Value soared 106.5% — and 2022, when it sank 3065.73%.
- Simon Property's Enterprise Value stood at $13.8 million in 2021, then tumbled by 3065.73% to -$409.4 million in 2022, then plunged by 320.5% to -$1.7 billion in 2023, then rose by 29.39% to -$1.2 billion in 2024, then jumped by 51.48% to -$589.8 million in 2025.
- Business Quant data shows SPG's Enterprise Value at -$589.8 million in Q4 2025, -$1.2 billion in Q3 2025, and -$987.9 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.38 Bn | 72.38 Bn | 1.76 Bn | -589.84 Mn |
| 2 | Realty Income | 57.85 Bn | 57.85 Bn | - | 1.83 Bn |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | -542.94 Mn |
| 4 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn | 75.87 Mn |
| 5 | Agree Realty | 8.87 Bn | 8.85 Bn | - | -12.52 Mn |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - | -4.22 Mn |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn | -230.67 Mn |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - | -82.61 Mn |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | -26.20 Mn |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | 271.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -589.84 Mn |
| Sep 30, 2025 | -1.19 Bn |
| Jun 30, 2025 | -987.93 Mn |
| Mar 31, 2025 | -1.14 Bn |
| Dec 31, 2024 | -1.22 Bn |
| Sep 30, 2024 | -2.29 Bn |
| Jun 30, 2024 | -2.35 Bn |
| Mar 31, 2024 | -2.07 Bn |
| Dec 31, 2023 | -1.72 Bn |
| Sep 30, 2023 | -566.57 Mn |
| Jun 30, 2023 | -429.09 Mn |
| Mar 31, 2023 | -727.13 Mn |
| Dec 31, 2022 | -409.39 Mn |
| Sep 30, 2022 | -145.97 Mn |
| Jun 30, 2022 | -81.65 Mn |
| Mar 31, 2022 | -52.20 Mn |
| Dec 31, 2021 | 13.80 Mn |
| Sep 30, 2021 | 58.17 Mn |
| Jun 30, 2021 | -783.39 Mn |
| Mar 31, 2021 | -500.53 Mn |