Simon Property (SPG) Free Cash Flow (2009 - 2026)
Simon Property (SPG) posted Free Cash Flow of $958.67 million for Q2 2026, up 124.0% from $427.96 million a year earlier and up 53.4% from the prior quarter.
Simon Property (SPG) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Simon Property was $3.04 billion, up 41.3% year-over-year; for FY2025, it came in at $2.09 billion, down 30.5% from FY2024.
- In prior years, Simon Property's Free Cash Flow was $3 billion in FY2024 (-2.2%), $3.07 billion in FY2023 (+5.4%), $2.91 billion in FY2022 (+2.1%) and $2.85 billion in FY2021.
- The Q2 2026 figure stands as the highest quarterly Free Cash Flow in data going back to Q1 2009.
- On a year-over-year basis, Free Cash Flow increased in two of the last eight quarters, with growth averaging 25.2%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q1 2026, with growth of 205.4%; the weakest was Q1 2025, with a decline of 66.5%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $624.98 million (Q1 2026), $795.56 million (Q4 2025) and $659.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | -2.92 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 207.06 Mn |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 958.67 Mn |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 845.17 Mn |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | -1.14 Bn |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | -816.27 Mn |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 378.47 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 647.58 Mn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 185.11 Mn |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - | 243.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 958.67 Mn |
| Mar 31, 2026 | 624.98 Mn |
| Dec 31, 2025 | 795.56 Mn |
| Sep 30, 2025 | 659.70 Mn |
| Jun 30, 2025 | 427.96 Mn |
| Mar 31, 2025 | 204.63 Mn |
| Dec 31, 2024 | 811.57 Mn |
| Sep 30, 2024 | 706.48 Mn |
| Jun 30, 2024 | 874.78 Mn |
| Mar 31, 2024 | 610.13 Mn |
| Dec 31, 2023 | 820.35 Mn |
| Sep 30, 2023 | 708.17 Mn |
| Jun 30, 2023 | 908.26 Mn |
| Mar 31, 2023 | 634.90 Mn |
| Dec 31, 2022 | 574.13 Mn |
| Sep 30, 2022 | 769.62 Mn |
| Jun 30, 2022 | 932.25 Mn |
| Mar 31, 2022 | 637.22 Mn |
| Dec 31, 2021 | 676.47 Mn |
| Sep 30, 2021 | 683.91 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();