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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 68.54 Bn | 68.54 Bn | 1.76 Bn |
| 2 | Realty Income | 57.28 Bn | 57.28 Bn | - |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn |
| 4 | Federal Realty Investment Trust | 10.18 Bn | 10.18 Bn | 271.22 Mn |
| 5 | Agree Realty | 8.71 Bn | 8.70 Bn | - |
| 6 | Nnn Reit | 8.55 Bn | 8.55 Bn | - |
| 7 | Essential Properties Realty Trust | 6.48 Bn | 6.48 Bn | - |
| 8 | Macerich | 6.41 Bn | 6.41 Bn | 171.77 Mn |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - |
| 10 | Phillips Edison & Company | 4.94 Bn | 4.94 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 379.96 Mn |
| Jun 30, 2025 | 396.06 Mn |
| Mar 31, 2025 | 420.23 Mn |
| Dec 31, 2024 | 472.80 Mn |
| Sep 30, 2024 | 426.22 Mn |
| Jun 30, 2024 | 453.43 Mn |
| Mar 31, 2024 | 478.49 Mn |
| Dec 31, 2023 | 468.82 Mn |
| Sep 30, 2023 | 457.67 Mn |
| Jun 30, 2023 | 428.93 Mn |
| Mar 31, 2023 | 449.36 Mn |
| Dec 31, 2022 | 473.13 Mn |
| Sep 30, 2022 | 559.48 Mn |
| Jun 30, 2022 | 566.08 Mn |
| Mar 31, 2022 | 558.31 Mn |
| Dec 31, 2021 | 547.74 Mn |
| Sep 30, 2021 | 553.03 Mn |
| Jun 30, 2021 | 507.41 Mn |
| Mar 31, 2021 | 511.70 Mn |