Simon Property (SPG) Net Cash Flow (2009 - 2025)
Simon Property (SPG) posted quarterly Net Cash Flow of -$729.4 million for Q4 2025, up 5.24% year-over-year from -$693.1 million in Q4 2024, and down 327.14% quarter-over-quarter from $321.1 million in Q3 2025.
Simon Property (SPG) Net Cash Flow (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Net Cash Flow for 17 consecutive years, with -$729.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Net Cash Flow rose 5.24% year-over-year to -$729.4 million; the TTM figure through Dec 2025 stood at -$577.2 million (down 349.49% YoY), while the FY2025 annual figure was -$577.2 million, down 349.49% from the prior year.
- Net Cash Flow eased to -$729.4 million in Q4 2025 per SPG's latest filing, from $321.1 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $1.8 billion in Q3 2022 and bottomed at -$3.6 billion in Q4 2022.
- Historically, Net Cash Flow has averaged -$568.0 million across 5 years, with a median of -$610.9 million in 2023.
- Annual changes were most pronounced in 2022 — Net Cash Flow sank 358.01% — and 2023, when it soared 2908.41%.
- Simon Property's Net Cash Flow stood at -$789.0 million in 2021, then tumbled by 358.01% to -$3.6 billion in 2022, then soared by 82.38% to -$636.8 million in 2023, then declined by 20.88% to -$769.8 million in 2024, then climbed by 5.24% to -$729.4 million in 2025.
- Business Quant data shows SPG's Net Cash Flow at -$729.4 million in Q4 2025, $321.1 million in Q3 2025, and -$148.6 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.51 Bn | 72.51 Bn | 1.76 Bn | -729.43 Mn |
| 2 | Realty Income | 57.85 Bn | 57.85 Bn | - | 92.95 Mn |
| 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 | - | -10.02 Mn |
| 6 | Nnn Reit | 8.70 Bn | 8.70 Bn | - | -1.17 Mn |
| 7 | Macerich | 6.69 Bn | 6.69 Bn | 171.77 Mn | 40.18 Mn |
| 8 | Essential Properties Realty Trust | 6.55 Bn | 6.55 Bn | - | 118.06 Mn |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | - |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | 7.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -729.43 Mn |
| Dec 31, 2025 | -729.43 Mn |
| Sep 30, 2025 | 321.14 Mn |
| Sep 30, 2025 | 321.14 Mn |
| Jun 30, 2025 | -148.57 Mn |
| Jun 30, 2025 | -148.57 Mn |
| Mar 31, 2025 | -20.34 Mn |
| Mar 31, 2025 | -20.34 Mn |
| Dec 31, 2024 | -769.76 Mn |
| Dec 31, 2024 | -769.76 Mn |
| Sep 30, 2024 | 935.67 Mn |
| Sep 30, 2024 | 935.67 Mn |
| Jun 30, 2024 | 650.43 Mn |
| Jun 30, 2024 | 650.43 Mn |
| Mar 31, 2024 | -584.99 Mn |
| Mar 31, 2024 | -584.99 Mn |
| Dec 31, 2023 | -636.79 Mn |
| Dec 31, 2023 | -636.79 Mn |
| Sep 30, 2023 | -2.95 Bn |
| Sep 30, 2023 | -2.95 Bn |