Simon Property (SPG) Net Margin (2009 - 2025)
Simon Property's (SPG) quarterly Net Margin came in at 170.16% in 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.
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Analysis
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.
- On a quarterly basis, Net Margin rose 12799.0% year-over-year to 170.16% in Q4 2025; TTM through Dec 2025 was 72.66%, a 3296.0% increase from a year earlier, with the FY2025 full-year figure at 72.66%, up 3296.0% from the prior year.
- Net Margin was 170.16% for Q4 2025 at Simon Property, up from 37.85% in the prior quarter.
- Over five years, Net Margin peaked at 170.16% in Q4 2025 and troughed at 28.09% in Q1 2025.
- A 5-year average of 46.42% and a median of 38.38% in 2022 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 12799 bps in 2025, down 2264 bps in 2025.
- Over 5 years, Net Margin stood at 37.95% in 2021, then gained by 27 bps to 48.13% in 2022, then increased by 2 bps to 48.94% in 2023, then dropped by 14 bps to 42.17% in 2024, then jumped by 303 bps to 170.16% in 2025.
- The last three Net Margin figures came in at 170.16% (Q4 2025), 37.85% (Q3 2025), and 37.11% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 43.74% |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 170.16% |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 22.22% |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 36.52% |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 4.08% |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 29.68% |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 49.97% |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 29.18% |
Historic Data
Download Data
Historic 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% |
API Access
Simon Property Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();