Simon Property (SPG) Payables (2009 - 2025)
Simon Property (SPG) posted quarterly Payables of $2.0 billion for Q4 2025, up 14.13% year-over-year from $1.7 billion in Q4 2024, and up 18.54% quarter-over-quarter from $1.7 billion in Q3 2025.
Simon Property (SPG) Payables (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Payables for 17 consecutive years, with $2.0 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Payables rose 14.13% year-over-year to $2.0 billion; the TTM figure through Dec 2025 stood at $2.0 billion (up 14.13% YoY), while the FY2025 annual figure was $2.0 billion, up 14.13% from the prior year.
- Payables advanced to $2.0 billion in Q4 2025 per SPG's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Payables topped out at $2.0 billion in Q4 2025 and bottomed at $1.2 billion in Q1 2022.
- Historically, Payables has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2023.
- Annual changes were most pronounced in 2021 — Payables jumped 34.42% — and 2022, when it slipped 28.17%.
- Simon Property's Payables stood at $1.4 billion in 2021, then advanced by 4.11% to $1.5 billion in 2022, then advanced by 13.49% to $1.7 billion in 2023, then climbed by 1.17% to $1.7 billion in 2024, then advanced by 14.13% to $2.0 billion in 2025.
- Business Quant data shows SPG's Payables at $2.0 billion in Q4 2025, $1.7 billion in Q3 2025, and $1.6 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn | 1.96 Bn |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - | 2.78 Bn |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn | 7.73 Bn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn | 318.04 Mn |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - | 672.14 Mn |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - | 4.09 Bn |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn | 131.59 Mn |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - | 70.15 Mn |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - | 170.30 Mn |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - | 155.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 1.69 Bn |