Simon Property SPG
NYSE SPG
$210.20 -1.67 (-0.79%)
At close: Sep 2, 2026 · 4:00 PM EDT

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

Simon Property (SPG) posted quarterly FCF Payout Ratio of 0.32 for Q4 2025, up 82.45% year-over-year from 0.17 in Q4 2024, and down 297.88% quarter-over-quarter from 0.16 in Q3 2025.

Analysis

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

Simon Property (SPG) has reported FCF Payout Ratio for 17 consecutive years, with 0.32 the latest figure, recorded in Q4 2025.

  • In Q4 2025, FCF Payout Ratio rose 82.45% year-over-year to 0.32; the TTM figure through Dec 2025 stood at 0.01 (down 94.4% YoY), while the FY2025 annual figure was 0.01, down 94.4% from the prior year.
  • FCF Payout Ratio slipped to 0.32 in Q4 2025 per SPG's latest filing, from 0.16 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 16.7 in Q4 2021 and bottomed at 11.17 in Q1 2024.
  • Historically, FCF Payout Ratio has averaged 0.26 across 5 years, with a median of 0.02 in 2021.
  • Annual changes were most pronounced in 2021 — FCF Payout Ratio plunged 1920.06% — and 2023, when it surged 47021.06%.
  • Simon Property's FCF Payout Ratio stood at 16.7 in 2021, then sank by 100.18% to 0.03 in 2022, then sank by 1669.22% to 0.52 in 2023, then sank by 244.24% to 1.8 in 2024, then jumped by 82.45% to 0.32 in 2025.
  • Business Quant data shows SPG's FCF Payout Ratio at 0.32 in Q4 2025, 0.16 in Q3 2025, and 0.49 in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Simon Property 68.54 Bn 68.54 Bn 1.76 Bn 0.76
2 Realty Income 57.28 Bn 57.28 Bn - -1.00
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn -
4 Federal Realty Investment Trust 10.18 Bn 10.18 Bn 271.22 Mn -
5 Agree Realty 8.71 Bn 8.70 Bn - -0.30
6 Nnn Reit 8.55 Bn 8.55 Bn - -0.78
7 Essential Properties Realty Trust 6.48 Bn 6.48 Bn - -0.53
8 Macerich 6.41 Bn 6.41 Bn 171.77 Mn -0.30
9 Kite Realty Group Trust 5.30 Bn 5.30 Bn - -
10 Phillips Edison & Company 4.94 Bn 4.94 Bn - -0.63
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 0.76
Sep 30, 2025 1.03
Jun 30, 2025 0.71
Mar 31, 2025 1.15
Dec 31, 2024 0.79
Sep 30, 2024 0.95
Jun 30, 2024 0.75
Mar 31, 2024 1.04
Dec 31, 2023 0.72
Sep 30, 2023 0.88
Jun 30, 2023 0.67
Mar 31, 2023 0.89
Dec 31, 2022 0.79
Sep 30, 2022 0.73
Jun 30, 2022 0.59
Mar 31, 2022 0.85
Dec 31, 2021 0.70
Sep 30, 2021 1.40
Jun 30, 2021 0.48
Mar 31, 2021 0.56