Simon Property (SPG) Invested Capital (2009 - 2025)
Simon Property (SPG) reported Invested Capital of $33.8 billion for Q4 2025, up 24.25% year-over-year from $27.2 billion in Q4 2024, and up 18.53% quarter-over-quarter from $28.5 billion in Q3 2025.
Simon Property (SPG) Invested Capital (2009 - 2025) Analysis & Trends
Simon Property (SPG) has 17 years of Invested Capital data on file, last reported at $33.8 billion in Q4 2025.
- Invested Capital for Q4 2025 came in at $33.8 billion, up 24.25% year-over-year; the trailing twelve-month figure through Dec 2025 was $33.8 billion (up 24.25% YoY), and the FY2025 annual result was $33.8 billion, up 24.25% from the prior year.
- Invested Capital improved to $33.8 billion in Q4 2025 per SPG's latest filing, from $28.5 billion in the prior quarter.
- Over five years, Invested Capital peaked at $33.8 billion in Q4 2025 and troughed at $3.5 billion in Q3 2023.
- A 5-year average of $25.2 billion and a median of $28.5 billion in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2023 and 2024: Invested Capital tumbled 87.46% in 2023, then soared 710.08% in 2024.
- A 5-year view of Invested Capital shows it stood at $4.0 billion in 2021, then dropped by 7.98% to $3.7 billion in 2022, then surged by 695.56% to $29.5 billion in 2023, then fell by 7.85% to $27.2 billion in 2024, then climbed by 24.25% to $33.8 billion in 2025.
- Business Quant data shows SPG's Invested Capital at $33.8 billion in Q4 2025, $28.5 billion in Q3 2025, and $28.2 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 33.80 Bn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 39.15 Bn |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 10.54 Bn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 6.89 Bn |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | 3.33 Bn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | 6.24 Bn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 4.48 Bn |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | 4.39 Bn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | 2.51 Bn |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - | 6.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.80 Bn |
| Sep 30, 2025 | 28.52 Bn |
| Jun 30, 2025 | 28.25 Bn |
| Mar 31, 2025 | 27.78 Bn |
| Dec 31, 2024 | 27.21 Bn |
| Sep 30, 2024 | 28.56 Bn |
| Jun 30, 2024 | 28.69 Bn |
| Mar 31, 2024 | 29.10 Bn |
| Dec 31, 2023 | 29.53 Bn |
| Sep 30, 2023 | 3.53 Bn |
| Jun 30, 2023 | 28.29 Bn |
| Mar 31, 2023 | 29.02 Bn |
| Dec 31, 2022 | 3.71 Bn |
| Sep 30, 2022 | 28.12 Bn |
| Jun 30, 2022 | 28.42 Bn |
| Mar 31, 2022 | 28.90 Bn |
| Dec 31, 2021 | 4.03 Bn |
| Sep 30, 2021 | 29.46 Bn |
| Jun 30, 2021 | 29.94 Bn |
| Mar 31, 2021 | 29.67 Bn |