Simon Property (SPG) Minority Interest (2009 - 2025)
Simon Property (SPG) posted quarterly Minority Interest of $233.3 million for Q4 2025, up 26.3% year-over-year from $184.7 million in Q4 2024, and down 34.96% quarter-over-quarter from $358.7 million in Q3 2025.
Simon Property (SPG) Minority Interest (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Minority Interest for 17 consecutive years, with $233.3 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Minority Interest rose 26.3% year-over-year to $233.3 million; the TTM figure through Dec 2025 stood at $233.3 million (up 26.3% YoY), while the FY2025 annual figure was $233.3 million, up 26.3% from the prior year.
- Minority Interest retreated to $233.3 million in Q4 2025 per SPG's latest filing, from $358.7 million in the prior quarter.
- Across five years, Minority Interest topped out at $547.7 million in Q4 2021 and bottomed at $182.9 million in Q3 2024.
- Historically, Minority Interest has averaged $358.8 million across 5 years, with a median of $418.3 million in 2023.
- Annual changes were most pronounced in 2021 — Minority Interest surged 170.78% — and 2022, when it plunged 61.25%.
- Simon Property's Minority Interest stood at $547.7 million in 2021, then slumped by 61.25% to $212.2 million in 2022, then soared by 110.84% to $447.5 million in 2023, then plunged by 58.72% to $184.7 million in 2024, then climbed by 26.3% to $233.3 million in 2025.
- Business Quant data shows SPG's Minority Interest at $233.3 million in Q4 2025, $358.7 million in Q3 2025, and $243.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 72.51 Bn | 72.51 Bn | 1.76 Bn |
| 2 | Realty Income | 57.85 Bn | 57.85 Bn | - |
| 3 | Kimco Realty | 16.15 Bn | 16.15 Bn | 455.67 Mn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - |
| 6 | Nnn Reit | 8.70 Bn | 8.70 Bn | - |
| 7 | Macerich | 6.69 Bn | 6.69 Bn | 171.77 Mn |
| 8 | Essential Properties Realty Trust | 6.55 Bn | 6.55 Bn | - |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 233.31 Mn |
| Sep 30, 2025 | 358.69 Mn |
| Jun 30, 2025 | 243.50 Mn |
| Mar 31, 2025 | 241.77 Mn |
| Dec 31, 2024 | 184.73 Mn |
| Sep 30, 2024 | 182.88 Mn |
| Jun 30, 2024 | 188.70 Mn |
| Mar 31, 2024 | 478.49 Mn |
| Dec 31, 2023 | 447.49 Mn |
| Sep 30, 2023 | 202.47 Mn |
| Jun 30, 2023 | 408.37 Mn |
| Mar 31, 2023 | 428.30 Mn |
| Dec 31, 2022 | 212.24 Mn |
| Sep 30, 2022 | 455.55 Mn |
| Jun 30, 2022 | 459.59 Mn |
| Mar 31, 2022 | 462.73 Mn |
| Dec 31, 2021 | 547.74 Mn |
| Sep 30, 2021 | 496.59 Mn |
| Jun 30, 2021 | 507.41 Mn |
| Mar 31, 2021 | 435.31 Mn |