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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 145.65 Bn | 1.39 Bn |
| 2 | Prologis | 123.69 Bn | 118.73 Bn | - |
| 3 | Simon Property | 64.74 Bn | 60.59 Bn | - |
| 4 | Realty Income | 51.42 Bn | 49.64 Bn | - |
| 5 | Public Storage | 50.52 Bn | 49.51 Bn | - |
| 6 | Ventas | 41.09 Bn | 39.78 Bn | - |
| 7 | Extra Space Storage | 28.14 Bn | 28.14 Bn | 642.43 Mn |
| 8 | Vici Properties | 24.92 Bn | 23.03 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - |
| 10 | Essex Property Trust | 17.28 Bn | 17.04 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 20.13 |
| Dec 31, 2025 | 20.14 |
| Sep 30, 2025 | 21.17 |
| Jun 30, 2025 | 19.27 |
| Mar 31, 2025 | 18.46 |
| Dec 31, 2024 | 18.05 |
| Sep 30, 2024 | 17.41 |
| Jun 30, 2024 | 15.54 |
| Mar 31, 2024 | 15.86 |
| Dec 31, 2023 | 14.32 |
| Sep 30, 2023 | 11.57 |
| Jun 30, 2023 | 12.04 |
| Mar 31, 2023 | 11.43 |
| Dec 31, 2022 | 12.31 |
| Sep 30, 2022 | 9.32 |
| Jun 30, 2022 | 10.25 |
| Mar 31, 2022 | 14.49 |
| Dec 31, 2021 | 16.89 |
| Sep 30, 2021 | 2,463.91 |
| Sep 30, 2020 | 10.89 |
API Access
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_KEYimport 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();