Simon Property (SPG) Interest Coverage Ratio (2009 - 2026)
Simon Property's (SPG) Interest Coverage Ratio came in at 2.76 for Q1 2026, down 13.7% from 3.21 a year earlier and down 15.5% from the prior quarter.
Simon Property (SPG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Interest Coverage Ratio at Simon Property was 3.14, down 8.3% year-over-year; for FY2025, it came in at 3.26, down 4.6% from FY2024.
- In prior years, Simon Property's Interest Coverage Ratio was 3.41 in FY2024 (+4.0%), 3.28 in FY2023 (-3.2%), 3.39 in FY2022 (+11.9%) and 3.03 in FY2021 (+20.6%).
- The Q1 2026 figure stands as the lowest quarterly Interest Coverage Ratio since Q4 2020.
- On a year-over-year basis, Interest Coverage Ratio has declined in each of the last four quarters, with an average decline of 1.3% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q3 2021, with growth of 53.1%; the weakest was Q1 2026, with a decline of 13.7%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 3.27 (Q4 2025), 3.35 (Q3 2025) and 3.20 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.76 Bn | 146.25 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.87 Bn | 116.91 Bn | - | 4.53 |
| 3 | Simon Property | 64.46 Bn | 60.31 Bn | - | 2.76 |
| 4 | Realty Income | 51.43 Bn | 49.65 Bn | - | 2.27 |
| 5 | Public Storage | 50.74 Bn | 49.73 Bn | - | 5.50 |
| 6 | Ventas | 41.30 Bn | 39.99 Bn | - | 1.34 |
| 7 | Extra Space Storage | 28.19 Bn | 28.19 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.97 Bn | 23.08 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.73 Bn | 22.51 Bn | - | 2.46 |
| 10 | Essex Property Trust | 17.29 Bn | 17.05 Bn | - | 1.64 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.76 |
| 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 |
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_KEY
import 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();