Simon Property (SPG) Interest Coverage Ratio (2009 - 2025)
Simon Property's (SPG) quarterly Interest Coverage Ratio came in at 3.27 in Q4 2025, down 11.0% year-over-year from 3.67 in Q4 2024, and down 2.32% quarter-over-quarter from 3.35 in Q3 2025.
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Analysis
Simon Property (SPG) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Interest Coverage Ratio for 17 consecutive years, with 3.27 the latest figure, recorded in Q4 2025.
- On a quarterly basis, Interest Coverage Ratio fell 11.0% year-over-year to 3.27 in Q4 2025; TTM through Dec 2025 was 3.26, a 4.6% decrease from a year earlier, with the FY2025 full-year figure at 3.26, down 4.6% from the prior year.
- Interest Coverage Ratio was 3.27 for Q4 2025 at Simon Property, down from 3.35 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.67 in Q4 2024 and troughed at 2.99 in Q1 2021.
- A 5-year average of 3.28 and a median of 3.3 in 2023 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 53.14% in 2021, down 14.25% in 2021.
- Over 5 years, Interest Coverage Ratio stood at 3.06 in 2021, then increased by 11.41% to 3.41 in 2022, then climbed by 3.41% to 3.52 in 2023, then gained by 4.35% to 3.67 in 2024, then retreated by 11.0% to 3.27 in 2025.
- The last three Interest Coverage Ratio figures came in at 3.27 (Q4 2025), 3.35 (Q3 2025), and 3.2 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | -32.14 |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 4.53 |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 3.27 |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 2.27 |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 5.50 |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 0.31 |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | 2.46 |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 0.51 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.27 |
| Sep 30, 2025 | 3.35 |
| Jun 30, 2025 | 3.20 |
| Mar 31, 2025 | 3.21 |
| Dec 31, 2024 | 3.67 |
| Sep 30, 2024 | 3.39 |
| Jun 30, 2024 | 3.41 |
| Mar 31, 2024 | 3.19 |
| Dec 31, 2023 | 3.52 |
| Sep 30, 2023 | 3.27 |
| Jun 30, 2023 | 3.02 |
| Mar 31, 2023 | 3.32 |
| Dec 31, 2022 | 3.41 |
| Sep 30, 2022 | 3.47 |
| Jun 30, 2022 | 3.35 |
| Mar 31, 2022 | 3.35 |
| Dec 31, 2021 | 3.06 |
| Sep 30, 2021 | 3.07 |
| Jun 30, 2021 | 3.02 |
| Mar 31, 2021 | 2.99 |
API Access
Simon Property Interest Coverage 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=interest-coverage-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();