Simon Property (SPG) FCF Payout Ratio (2009 - 2025)

Simon Property (SPG) reported FCF Payout Ratio of 0.12 for Q4 2025, down 72.41% year-over-year from 0.45 in Q4 2024, and up 108.02% quarter-over-quarter from 1.53 in Q3 2025.

Simon Property (SPG) FCF Payout Ratio (2009 - 2025) Analysis & Trends

Simon Property (SPG) has 17 years of FCF Payout Ratio data on file, last reported at 0.12 in Q4 2025.

  • FCF Payout Ratio for Q4 2025 came in at 0.12, down 72.41% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.14 (up 5.15% YoY), and the FY2025 annual result was 0.14, up 5.15% from the prior year.
  • FCF Payout Ratio rose to 0.12 in Q4 2025 per SPG's latest filing, from 1.53 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 2.33 in Q3 2023 and troughed at 2.07 in Q4 2023.
  • A 5-year average of 0.05 and a median of 0.01 in 2022 frame the typical range for FCF Payout Ratio.
  • The sharpest annual moves came in 2024 and 2025: FCF Payout Ratio surged 12410.4% in 2024, then slumped 23130.63% in 2025.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.0 in 2021, then soared by 305.1% to 0.02 in 2022, then sank by 11826.07% to 2.07 in 2023, then surged by 121.51% to 0.45 in 2024, then tumbled by 72.41% to 0.12 in 2025.
  • Business Quant data shows SPG's FCF Payout Ratio at 0.12 in Q4 2025, 1.53 in Q3 2025, and 1.41 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 0.12
2 Realty Income 55.47 Bn 56.16 Bn - 0.01
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 0.01
4 Regency Centers 14.85 Bn 14.97 Bn - 0.02
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn -0.52
6 Agree Realty 8.92 Bn 8.90 Bn - 0.00
7 Nnn Reit 8.68 Bn 8.68 Bn - 2.54
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - -0.31
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn 1.01
10 Kite Realty Group Trust 6.26 Bn 6.38 Bn - 0.14

Historic Data

Download Data
DateValue
Dec 31, 2025 0.12
Sep 30, 2025 -1.53
Jun 30, 2025 1.41
Mar 31, 2025 0.00
Dec 31, 2024 0.45
Sep 30, 2024 0.01
Jun 30, 2024 -0.72
Mar 31, 2024 1.04
Dec 31, 2023 -2.07
Sep 30, 2023 2.33
Jun 30, 2023 0.18
Mar 31, 2023 0.01
Dec 31, 2022 0.02
Sep 30, 2022 -0.18
Jun 30, 2022 0.09
Mar 31, 2022 0.12
Dec 31, 2021 0.00
Sep 30, 2021 -1.25
Jun 30, 2021 0.96
Mar 31, 2021 0.00