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
DateValue
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