Simon Property (SPG) FCF Payout Ratio (2009 - 2025)
Simon Property's (SPG) quarterly FCF Payout Ratio came in at 0.76 in Q4 2025, down 4.36% year-over-year from 0.79 in Q4 2024, and down 26.29% quarter-over-quarter from 1.03 in Q3 2025.
Simon Property (SPG) FCF Payout Ratio (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported FCF Payout Ratio for 17 consecutive years, with 0.76 the latest figure, recorded in Q4 2025.
- On a quarterly basis, FCF Payout Ratio fell 4.36% year-over-year to 0.76 in Q4 2025; TTM through Dec 2025 was 0.87, a 0.86% increase from a year earlier, with the FY2025 full-year figure at 0.87, up 0.86% from the prior year.
- FCF Payout Ratio was 0.76 for Q4 2025 at Simon Property, down from 1.03 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 1.4 in Q3 2021 and troughed at 0.48 in Q2 2021.
- A 5-year average of 0.82 and a median of 0.77 in 2022 frame the typical range for FCF Payout Ratio.
- The widest YoY moves for FCF Payout Ratio: up 3054.32% in 2021, down 54.02% in 2021.
- Over 5 years, FCF Payout Ratio stood at 0.7 in 2021, then rose by 12.64% to 0.79 in 2022, then fell by 8.24% to 0.72 in 2023, then advanced by 9.47% to 0.79 in 2024, then dropped by 4.36% to 0.76 in 2025.
- The last three FCF Payout Ratio figures came in at 0.76 (Q4 2025), 1.03 (Q3 2025), and 0.71 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 0.77 |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | - |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 0.76 |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | - |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 0.84 |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | - |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 0.80 |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 1.60 |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 0.56 |
Historic Data
| Date | Value |
|---|---|
| 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 |
Simon Property FCF Payout Ratio 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=fcf-payout-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();