Simon Property (SPG) EV to FCF (2009 - 2026)
Simon Property's EV to FCF came in at 20.02 for Q1 2026, up 14.5% from 17.48 a year earlier and up 5.3% from the prior quarter.
Simon Property (SPG) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Simon Property reported EV to FCF of 18.90, up 22.9% year-over-year; for FY2025, it was 19.00, up 5.3% from FY2024.
- EV to FCF has increased in each of the last three years.
- Going back by year, EV to FCF was 18.05 in FY2024 (+26.1%), 14.32 in FY2023 (+16.3%), 12.31 in FY2022 (-27.1%) and 16.89 in FY2021 (+20.8%).
- The Q1 2026 figure represents the highest quarterly EV to FCF since Q1 2017.
- Year-over-year, EV to FCF has increased for 12 consecutive quarters, with growth averaging 19.0% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2024 (growth of 50.4%), and the weakest in Q3 2022 (a decline of 31.6%).
- Business Quant data shows SPG's EV to FCF at 19.00 (Q4 2025), 19.26 (Q3 2025) and 16.44 (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.29 |
| Mar 31, 2026 | 25.78 |
| Dec 31, 2025 | 30.63 |
| Sep 30, 2025 | 28.57 |
| Jun 30, 2025 | 24.02 |
| Mar 31, 2025 | 20.49 |
| Dec 31, 2024 | 18.39 |
| Sep 30, 2024 | 17.63 |
| Jun 30, 2024 | 15.73 |
| Mar 31, 2024 | 16.06 |
| Dec 31, 2023 | 14.62 |
| Sep 30, 2023 | 12.40 |
| Jun 30, 2023 | 12.95 |
| Mar 31, 2023 | 12.33 |
| Dec 31, 2022 | 13.17 |
| Sep 30, 2022 | 9.73 |
| Jun 30, 2022 | 10.65 |
| Mar 31, 2022 | 15.54 |
| Dec 31, 2021 | 18.41 |
| Sep 30, 2020 | 11.61 |
Simon Property EV to FCF 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=ev-to-fcf&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();