Simon Property (SPG) Real Estate - Net (2009 - 2025)
Simon Property (SPG) posted quarterly Real Estate - Net of $30.2 billion for Q4 2025, up 42.69% year-over-year from $21.2 billion in Q4 2024, and up 35.72% quarter-over-quarter from $22.3 billion in Q3 2025.
Simon Property (SPG) Real Estate - Net (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Real Estate - Net for 17 consecutive years, with $30.2 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Real Estate - Net rose 42.69% year-over-year to $30.2 billion; the TTM figure through Dec 2025 stood at $30.2 billion (up 42.69% YoY), while the FY2025 annual figure was $30.2 billion, up 42.69% from the prior year.
- Real Estate - Net improved to $30.2 billion in Q4 2025 per SPG's latest filing, from $22.3 billion in the prior quarter.
- Across five years, Real Estate - Net topped out at $30.2 billion in Q4 2025 and bottomed at $21.2 billion in Q4 2024.
- Historically, Real Estate - Net has averaged $22.3 billion across 5 years, with a median of $21.8 billion in 2022.
- Annual changes were most pronounced in 2021 — Real Estate - Net declined 3.81% — and 2025, when it jumped 42.69%.
- Simon Property's Real Estate - Net stood at $22.3 billion in 2021, then retreated by 2.46% to $21.8 billion in 2022, then dropped by 0.9% to $21.6 billion in 2023, then declined by 1.73% to $21.2 billion in 2024, then surged by 42.69% to $30.2 billion in 2025.
- Business Quant data shows SPG's Real Estate - Net at $30.2 billion in Q4 2025, $22.3 billion in Q3 2025, and $22.3 billion in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 30.24 Bn |
| Sep 30, 2025 | 22.28 Bn |
| Jun 30, 2025 | 22.34 Bn |
| Mar 31, 2025 | 21.54 Bn |
| Dec 31, 2024 | 21.20 Bn |
| Sep 30, 2024 | 21.31 Bn |
| Jun 30, 2024 | 21.37 Bn |
| Mar 31, 2024 | 21.48 Bn |
| Dec 31, 2023 | 21.57 Bn |
| Sep 30, 2023 | 21.54 Bn |
| Jun 30, 2023 | 21.62 Bn |
| Mar 31, 2023 | 21.68 Bn |
| Dec 31, 2022 | 21.76 Bn |
| Sep 30, 2022 | 21.74 Bn |
| Jun 30, 2022 | 21.91 Bn |
| Mar 31, 2022 | 22.10 Bn |
| Dec 31, 2021 | 22.31 Bn |
| Sep 30, 2021 | 22.57 Bn |
| Jun 30, 2021 | 22.76 Bn |
| Mar 31, 2021 | 22.90 Bn |