Simon Property (SPG) Free Cash Flow (2009 - 2026)
Simon Property (SPG) posted Free Cash Flow of $624.98 million for Q1 2026, up 4.7% from $597.02 million a year earlier but down 34.1% from the prior quarter.
Simon Property (SPG) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Free Cash Flow at Simon Property was $3.23 billion, up 6.0% year-over-year; for FY2025, it came in at $3.2 billion, up 4.7% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- In prior years, Simon Property's Free Cash Flow was $3.06 billion in FY2024 (-2.5%), $3.14 billion in FY2023 (+0.7%), $3.12 billion in FY2022 (+0.2%) and $3.11 billion in FY2021 (+68.8%).
- Quarterly Free Cash Flow has run from a low of $597.02 million in Q1 2025 to a high of $971.31 million in Q2 2025 over five years.
- On a year-over-year basis, Free Cash Flow increased in four of the last eight quarters, with growth averaging 2.1%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q3 2021, with growth of 22.4%; the weakest was Q1 2022, with a decline of 16.3%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $948.84 million (Q4 2025), $685.04 million (Q3 2025) and $971.31 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | -4.21 Bn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 547.14 Mn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 624.98 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | -755.59 Mn |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 682.92 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | -920.75 Mn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | 427.58 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | 587.09 Mn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 203.56 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 222.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 624.98 Mn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 864.92 Mn |
| Jun 30, 2025 | 671.98 Mn |
| Mar 31, 2025 | 434.83 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 |
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_KEY
import 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();