Simon Property (SPG) Net Margin (2009 - 2025)
Simon Property (SPG) posted quarterly Net Margin of 170.16% for Q4 2025, up 12799.0% year-over-year from N/an in Q4 2024, and up 349.57% quarter-over-quarter from 37.85% in Q3 2025.
Simon Property (SPG) Net Margin (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Net Margin for 17 consecutive years, with 170.16% the latest figure, recorded in Q4 2025.
- In Q4 2025, Net Margin rose 12799.0% year-over-year to 170.16%; the TTM figure through Dec 2025 stood at 72.66% (up 3296.0% YoY), while the FY2025 annual figure was 72.66%, up 3296.0% from the prior year.
- Net Margin climbed to 170.16% in Q4 2025 per SPG's latest filing, from 37.85% in the prior quarter.
- Across five years, Net Margin topped out at 170.16% in Q4 2025 and bottomed at 28.09% in Q1 2025.
- Historically, Net Margin has averaged 46.42% across 5 years, with a median of 38.38% in 2022.
- On a YoY basis, Net Margin climbed as much as 12799 bps in 2025 and fell as far as 2264 bps in 2025.
- Simon Property's Net Margin stood at 37.95% in 2021, then climbed by 27 bps to 48.13% in 2022, then gained by 2 bps to 48.94% in 2023, then fell by 14 bps to 42.17% in 2024, then soared by 303 bps to 170.16% in 2025.
- Business Quant data shows SPG's Net Margin at 170.16% in Q4 2025, 37.85% in Q3 2025, and 37.11% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.47 Bn | 72.47 Bn | 1.76 Bn | 170.16% |
| 2 | Realty Income | 57.84 Bn | 57.84 Bn | - | 22.22% |
| 3 | Kimco Realty | 16.15 Bn | 16.15 Bn | 455.67 Mn | 26.46% |
| 4 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn | 24.93% |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - | 25.74% |
| 6 | Nnn Reit | 8.70 Bn | 8.70 Bn | - | 40.09% |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn | -86.56% |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - | 46.01% |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | 82.19% |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 170.16% |
| Sep 30, 2025 | 37.85% |
| Jun 30, 2025 | 37.11% |
| Mar 31, 2025 | 28.09% |
| Dec 31, 2024 | 42.17% |
| Sep 30, 2024 | 32.09% |
| Jun 30, 2024 | 33.84% |
| Mar 31, 2024 | 50.72% |
| Dec 31, 2023 | 48.94% |
| Sep 30, 2023 | 42.11% |
| Jun 30, 2023 | 35.51% |
| Mar 31, 2023 | 33.45% |
| Dec 31, 2022 | 48.13% |
| Sep 30, 2022 | 40.97% |
| Jun 30, 2022 | 38.81% |
| Mar 31, 2022 | 32.92% |
| Dec 31, 2021 | 37.95% |
| Sep 30, 2021 | 52.44% |
| Jun 30, 2021 | 49.22% |
| Mar 31, 2021 | 35.96% |