Simon Property (SPG) Interest Expenses (2009 - 2025)
Simon Property's (SPG) quarterly Interest Expenses came in at $272.3 million in Q4 2025, up 19.75% year-over-year from $227.4 million in Q4 2024, and up 12.17% quarter-over-quarter from $242.8 million in Q3 2025.
Simon Property (SPG) Interest Expenses (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Interest Expenses for 17 consecutive years, with $272.3 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Interest Expenses rose 19.75% year-over-year to $272.3 million in Q4 2025; TTM through Dec 2025 was $974.8 million, a 7.62% increase from a year earlier, with the FY2025 full-year figure at $974.8 million, up 7.62% from the prior year.
- Interest Expenses was $272.3 million for Q4 2025 at Simon Property, up from $242.8 million in the prior quarter.
- Over five years, Interest Expenses peaked at $272.3 million in Q4 2025 and troughed at $185.2 million in Q1 2022.
- A 5-year average of $214.6 million and a median of $215.1 million in 2023 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses decreased 8.34% in 2022 and advanced 19.75% in 2025, its largest moves.
- Over 5 years, Interest Expenses stood at $193.5 million in 2021, then grew by 3.82% to $200.9 million in 2022, then climbed by 11.96% to $224.9 million in 2023, then rose by 1.11% to $227.4 million in 2024, then grew by 19.75% to $272.3 million in 2025.
- The last three Interest Expenses figures came in at $272.3 million (Q4 2025), $242.8 million (Q3 2025), and $232.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.65 Bn | 164.71 Bn | 1.39 Bn | 56.93 Mn |
| 2 | Prologis | 125.02 Bn | 129.42 Bn | 2.41 Bn | 276.31 Mn |
| 3 | Simon Property | 66.64 Bn | 67.91 Bn | 1.76 Bn | 272.33 Mn |
| 4 | Realty Income | 52.63 Bn | 55.01 Bn | - | 312.08 Mn |
| 5 | Public Storage | 50.35 Bn | 50.19 Bn | 1.20 Bn | 84.78 Mn |
| 6 | Ventas | 44.44 Bn | 44.75 Bn | 1.73 Bn | 160.03 Mn |
| 7 | Extra Space Storage | 28.28 Bn | 29.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 26.11 Bn | 25.67 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.98 Bn | 23.17 Bn | - | 82.46 Mn |
| 10 | Invitation Homes | 15.91 Bn | 15.95 Bn | 705.34 Mn | 93.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 272.33 Mn |
| Sep 30, 2025 | 242.79 Mn |
| Jun 30, 2025 | 232.72 Mn |
| Mar 31, 2025 | 227.00 Mn |
| Dec 31, 2024 | 227.42 Mn |
| Sep 30, 2024 | 226.42 Mn |
| Jun 30, 2024 | 221.34 Mn |
| Mar 31, 2024 | 230.62 Mn |
| Dec 31, 2023 | 224.92 Mn |
| Sep 30, 2023 | 212.21 Mn |
| Jun 30, 2023 | 218.09 Mn |
| Mar 31, 2023 | 199.43 Mn |
| Dec 31, 2022 | 200.90 Mn |
| Sep 30, 2022 | 187.88 Mn |
| Jun 30, 2022 | 187.32 Mn |
| Mar 31, 2022 | 185.16 Mn |
| Dec 31, 2021 | 193.51 Mn |
| Sep 30, 2021 | 199.77 Mn |
| Jun 30, 2021 | 200.42 Mn |
| Mar 31, 2021 | 202.02 Mn |
Simon Property Interest Expenses 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-expenses&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();