Simon Property (SPG) Invested Capital (2009 - 2025)
Simon Property (SPG) posted quarterly Invested Capital of $28.6 billion for Q4 2025, up 17.15% year-over-year from $24.4 billion in Q4 2024, and up 17.15% quarter-over-quarter from $24.4 billion in Q4 2024.
Simon Property (SPG) Invested Capital (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Invested Capital for 17 consecutive years, with $28.6 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Invested Capital rose 17.15% year-over-year to $28.6 billion; the TTM figure through Dec 2025 stood at $28.6 billion (up 17.15% YoY), while the FY2025 annual figure was $28.6 billion, up 17.15% from the prior year.
- Invested Capital advanced to $28.6 billion in Q4 2025 per SPG's latest filing, from $24.4 billion in the prior quarter.
- Across five years, Invested Capital topped out at $28.6 billion in Q4 2025 and bottomed at $24.4 billion in Q4 2024.
- Historically, Invested Capital has averaged $25.9 billion across 5 years, with a median of $25.4 billion in 2021.
- Annual changes were most pronounced in 2024 — Invested Capital declined 6.78% — and 2025, when it gained 17.15%.
- Simon Property's Invested Capital stood at $25.4 billion in 2021, then decreased by 1.47% to $25.0 billion in 2022, then grew by 4.6% to $26.2 billion in 2023, then decreased by 6.78% to $24.4 billion in 2024, then advanced by 17.15% to $28.6 billion in 2025.
- Business Quant data shows SPG's Invested Capital at $28.6 billion in Q4 2025, $24.4 billion in Q4 2024, and $26.2 billion in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn | 28.60 Bn |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - | - |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn | - |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn | 12.97 Mn |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - | - |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - | 28.50 Mn |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn | - |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - | - |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - | - |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - | 2.45 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 28.60 Bn |
| Dec 31, 2024 | 24.41 Bn |
| Dec 31, 2023 | 26.19 Bn |
| Dec 31, 2022 | 25.04 Bn |
| Dec 31, 2021 | 25.41 Bn |
| Dec 31, 2020 | 26.79 Bn |
| Dec 31, 2019 | 24.25 Bn |
| Dec 31, 2018 | 23.37 Bn |
| Dec 31, 2017 | 24.71 Bn |
| Dec 31, 2016 | 23.10 Bn |
| Mar 31, 2016 | 22.98 Bn |
| Dec 31, 2015 | 22.42 Bn |
| Sep 30, 2015 | 22.63 Bn |
| Jun 30, 2015 | 22.07 Bn |
| Mar 31, 2015 | 21.69 Bn |
| Dec 31, 2014 | 20.85 Bn |
| Sep 30, 2014 | 21.20 Bn |
| Jun 30, 2014 | 21.90 Bn |
| Mar 31, 2014 | 23.19 Bn |
| Dec 31, 2013 | 22.67 Bn |