Simon Property (SPG) Income before Taxes (2009 - 2026)
Simon Property's EBT came in at $542.93 million for Q2 2026, up 6.2% from $511.47 million a year earlier and up 11.6% from the prior quarter.
Simon Property (SPG) Income before Taxes (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Simon Property reported EBT of $2.22 billion, up 2.6% year-over-year; for FY2025, it came in at $2.2 billion, up 0.6% from FY2024.
- EBT has increased in each of the last five years, with a five-year compound annual growth rate of 13.1% (FY2020 to FY2025).
- Going back by year, EBT was $2.19 billion in FY2024 (+12.0%), $1.95 billion in FY2023 (+7.1%), $1.82 billion in FY2022 (+12.7%) and $1.62 billion in FY2021 (+36.2%).
- The five-year range for quarterly EBT is $398.03 million (Q4 2021) to $618.34 million (Q4 2025).
- Year-over-year, EBT increased in five of the last eight quarters, with growth averaging 3.1%.
- The fastest year-over-year change in EBT over five years came in Q3 2021 (growth of 104.1%), and the weakest in Q2 2025 (a decline of 4.0%).
- Business Quant data shows SPG's EBT at $486.5 million (Q1 2026), $618.34 million (Q4 2025) and $570.12 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 542.93 Mn |
| Mar 31, 2026 | 486.50 Mn |
| Dec 31, 2025 | 618.34 Mn |
| Sep 30, 2025 | 570.12 Mn |
| Jun 30, 2025 | 511.47 Mn |
| Mar 31, 2025 | 500.62 Mn |
| Dec 31, 2024 | 608.33 Mn |
| Sep 30, 2024 | 541.35 Mn |
| Jun 30, 2024 | 532.76 Mn |
| Mar 31, 2024 | 504.56 Mn |
| Dec 31, 2023 | 567.22 Mn |
| Sep 30, 2023 | 482.02 Mn |
| Jun 30, 2023 | 439.84 Mn |
| Mar 31, 2023 | 463.29 Mn |
| Dec 31, 2022 | 483.31 Mn |
| Sep 30, 2022 | 464.32 Mn |
| Jun 30, 2022 | 439.45 Mn |
| Mar 31, 2022 | 435.23 Mn |
| Dec 31, 2021 | 398.03 Mn |
| Sep 30, 2021 | 412.55 Mn |
Simon Property Income before Taxes 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=income-before-taxes&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-before-taxes", "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=income-before-taxes&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();