Simon Property (SPG) Free Cash Flow (2009 - 2025)
Simon Property's (SPG) quarterly Free Cash Flow came in at $948.8 million in Q4 2025, up 9.35% year-over-year from $867.7 million in Q4 2024, and up 38.51% quarter-over-quarter from $685.0 million in Q3 2025.
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Analysis
Simon Property (SPG) Free Cash Flow (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Free Cash Flow for 17 consecutive years, with $948.8 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Free Cash Flow rose 9.35% year-over-year to $948.8 million in Q4 2025; TTM through Dec 2025 was $3.2 billion, a 4.68% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 4.68% from the prior year.
- Free Cash Flow was $948.8 million for Q4 2025 at Simon Property, up from $685.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $971.3 million in Q2 2025 and troughed at $597.0 million in Q1 2025.
- A 5-year average of $781.2 million and a median of $768.7 million in 2021 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow surged 1833.0% in 2021 and retreated 16.26% in 2022, its largest moves.
- Over 5 years, Free Cash Flow stood at $776.5 million in 2021, then decreased by 3.73% to $747.5 million in 2022, then advanced by 14.84% to $858.5 million in 2023, then gained by 1.07% to $867.7 million in 2024, then advanced by 9.35% to $948.8 million in 2025.
- The last three Free Cash Flow figures came in at $948.8 million (Q4 2025), $685.0 million (Q3 2025), and $971.3 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 684.33 Mn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | - |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 948.84 Mn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | -755.59 Mn |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 682.92 Mn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | -920.75 Mn |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 427.58 Mn |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 293.77 Mn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 321.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 948.84 Mn |
| Sep 30, 2025 | 685.04 Mn |
| Jun 30, 2025 | 971.31 Mn |
| Mar 31, 2025 | 597.02 Mn |
| Dec 31, 2024 | 867.68 Mn |
| Sep 30, 2024 | 706.48 Mn |
| Jun 30, 2024 | 874.78 Mn |
| Mar 31, 2024 | 610.13 Mn |
| Dec 31, 2023 | 858.47 Mn |
| Sep 30, 2023 | 708.17 Mn |
| Jun 30, 2023 | 908.26 Mn |
| Mar 31, 2023 | 662.61 Mn |
| Dec 31, 2022 | 747.51 Mn |
| Sep 30, 2022 | 785.61 Mn |
| Jun 30, 2022 | 946.25 Mn |
| Mar 31, 2022 | 637.22 Mn |
| Dec 31, 2021 | 776.47 Mn |
| Sep 30, 2021 | 683.91 Mn |
| Jun 30, 2021 | 888.13 Mn |
| Mar 31, 2021 | 760.95 Mn |
API Access
Simon Property Free Cash Flow 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=free-cash-flow&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();