Simon Property (SPG) Operating Margin (2016 - 2025)

Simon Property (SPG) has disclosed Operating Margin for 17 consecutive years, with 45.21% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin changed N/A to 45.21% in Q4 2025 year-over-year; TTM through Dec 2025 was 47.84%, a N/A change, with the full-year FY2025 number at 47.66%, changed N/A from a year prior.
  • Operating Margin was 45.21% for Q4 2025 at Simon Property, down from 50.76% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 51.86% in Q4 2023 to a low of 44.61% in Q4 2021.
  • A 5-year average of 48.51% and a median of 48.92% in 2022 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: surged 1316bps in 2021, then crashed -367bps in 2025.
  • Simon Property's Operating Margin stood at 44.61% in 2021, then rose by 10bps to 48.88% in 2022, then grew by 6bps to 51.86% in 2023, then dropped by -5bps to 49.3% in 2024, then fell by -8bps to 45.21% in 2025.
  • Per Business Quant, the three most recent readings for SPG's Operating Margin are 45.21% (Q4 2025), 50.76% (Q3 2025), and 47.29% (Q1 2025).