Simon Property (SPG) Real Estate - Net (2009 - 2026)
Simon Property (SPG) reported Real Estate - Net of $29.95 billion for Q1 2026, up 39.0% from $21.54 billion a year earlier but down 1.0% from the prior quarter.
Powered by 
Analysis
Simon Property (SPG) Real Estate - Net (2009 - 2026) Analysis & Trends
At the end of FY2025, Simon Property posted Real Estate - Net of $30.24 billion, up 42.7% from FY2024.
- Real Estate - Net has a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- By year, Real Estate - Net came in at $21.2 billion in FY2024 (-1.7%), $21.57 billion in FY2023 (-0.9%), $21.76 billion in FY2022 (-2.5%) and $22.31 billion in FY2021 (-3.7%).
- Five-year quarterly Real Estate - Net spans a low of $21.2 billion in Q4 2024 and a high of $30.24 billion in Q4 2025.
- Year over year, Real Estate - Net has now increased in each of the last five quarters, with growth averaging 10.9% over the last eight quarters.
- The high point for year-over-year Real Estate - Net in five years was Q4 2025 (growth of 42.7%); the low point was Q2 2022 (a decline of 3.8%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $30.24 billion (Q4 2025), $22.28 billion (Q3 2025) and $22.34 billion (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 163.22 Bn | 144.72 Bn | 1.39 Bn |
| 2 | Prologis | 123.33 Bn | 118.37 Bn | - |
| 3 | Simon Property | 64.64 Bn | 60.49 Bn | - |
| 4 | Realty Income | 51.06 Bn | 49.28 Bn | - |
| 5 | Public Storage | 50.23 Bn | 49.22 Bn | - |
| 6 | Ventas | 40.92 Bn | 39.61 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 |
| 9 | Vivmark Residential | 22.67 Bn | 22.45 Bn | - |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 29.95 Bn |
| 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 |
API Access
Simon Property Real Estate - Net 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=real-estate-net&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "real-estate-net", "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=real-estate-net&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();