Simon Property (SPG) Payables (2009 - 2026)
Simon Property's Payables was $1.7 billion in Q1 2026, up 14.4% from $1.49 billion a year earlier but down 13.0% from the prior quarter.
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Analysis
Simon Property (SPG) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Payables at Simon Property came in at $1.96 billion, up 14.1% from FY2024.
- Payables has now increased for four consecutive years, with a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- In earlier years, Payables was $1.71 billion in FY2024 (+1.2%), $1.7 billion in FY2023 (+13.5%), $1.49 billion in FY2022 (+4.1%) and $1.43 billion in FY2021 (-20.2%).
- Quarterly Payables has moved between $1.21 billion (Q1 2022) and $1.96 billion (Q4 2025) over five years.
- Compared with a year earlier, Payables has increased for four straight quarters, with growth averaging 4.2% over the last eight quarters.
- The best year-over-year quarter for Payables over five years was Q2 2023 (growth of 15.4%); the worst was Q1 2022 (a decline of 28.2%).
- Per Business Quant data, SPG's Payables in the three quarters before Q1 2026 was $1.96 billion (Q4 2025), $1.65 billion (Q3 2025) and $1.63 billion (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.22 Bn | 144.72 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.33 Bn | 118.37 Bn | - | 2.53 Bn |
| 3 | Simon Property | 64.64 Bn | 60.49 Bn | - | 1.70 Bn |
| 4 | Realty Income | 51.06 Bn | 49.28 Bn | - | 2.78 Bn |
| 5 | Public Storage | 50.23 Bn | 49.22 Bn | - | - |
| 6 | Ventas | 40.92 Bn | 39.61 Bn | - | 1.35 Bn |
| 7 | Extra Space Storage | 27.97 Bn | 27.97 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.77 Bn | 22.89 Bn | 1.05 Bn | 500.76 Mn |
| 9 | Vivmark Residential | 22.67 Bn | 22.45 Bn | - | 1.89 Bn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 789.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.70 Bn |
| Dec 31, 2025 | 1.96 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 1.63 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.71 Bn |
| Sep 30, 2024 | 1.62 Bn |
| Jun 30, 2024 | 1.63 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Dec 31, 2023 | 1.70 Bn |
| Sep 30, 2023 | 1.63 Bn |
| Jun 30, 2023 | 1.55 Bn |
| Mar 31, 2023 | 1.35 Bn |
| Dec 31, 2022 | 1.49 Bn |
| Sep 30, 2022 | 1.42 Bn |
| Jun 30, 2022 | 1.34 Bn |
| Mar 31, 2022 | 1.21 Bn |
| Dec 31, 2021 | 1.43 Bn |
| Sep 30, 2021 | 1.33 Bn |
| Jun 30, 2021 | 1.76 Bn |
API Access
Simon Property Payables 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=payables&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();