Simon Property (SPG) Payout Ratio (2009 - 2025)
Simon Property's (SPG) quarterly Payout Ratio came in at 0.24 in Q4 2025, down 77.11% year-over-year from 1.03 in Q4 2024, and down 79.7% quarter-over-quarter from 1.16 in Q3 2025.
Simon Property (SPG) Payout Ratio (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Payout Ratio for 17 consecutive years, with 0.24 the latest figure, recorded in Q4 2025.
- On a quarterly basis, Payout Ratio fell 77.11% year-over-year to 0.24 in Q4 2025; TTM through Dec 2025 was 0.6, a 45.94% decrease from a year earlier, with the FY2025 full-year figure at 0.6, down 45.94% from the prior year.
- Payout Ratio was 0.24 for Q4 2025 at Simon Property, down from 1.16 in the prior quarter.
- Over five years, Payout Ratio peaked at 1.66 in Q1 2025 and troughed at 0.24 in Q4 2025.
- A 5-year average of 1.09 and a median of 1.1 in 2021 frame the typical range for Payout Ratio.
- Across the five-year window, Payout Ratio surged 20985.62% in 2021 and tumbled 77.11% in 2025, its largest moves.
- Over 5 years, Payout Ratio stood at 1.08 in 2021, then decreased by 19.01% to 0.87 in 2022, then retreated by 5.0% to 0.83 in 2023, then gained by 23.95% to 1.03 in 2024, then plunged by 77.11% to 0.24 in 2025.
- The last three Payout Ratio figures came in at 0.24 (Q4 2025), 1.16 (Q3 2025), and 1.23 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 1.16 |
| Jun 30, 2025 | 1.23 |
| Mar 31, 2025 | 1.66 |
| Dec 31, 2024 | 1.03 |
| Sep 30, 2024 | 1.41 |
| Jun 30, 2024 | 1.32 |
| Mar 31, 2024 | 0.87 |
| Dec 31, 2023 | 0.83 |
| Sep 30, 2023 | 1.05 |
| Jun 30, 2023 | 1.25 |
| Mar 31, 2023 | 1.31 |
| Dec 31, 2022 | 0.87 |
| Sep 30, 2022 | 1.06 |
| Jun 30, 2022 | 1.13 |
| Mar 31, 2022 | 1.27 |
| Dec 31, 2021 | 1.08 |
| Sep 30, 2021 | 1.40 |
| Jun 30, 2021 | 0.69 |
| Mar 31, 2021 | 0.96 |
Simon Property Payout Ratio 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=payout-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();