Simon Property (SPG) Rental Revenue (2009 - 2026)
Simon Property's Rental Revenue was $1.68 billion in Q3 2026, up 15.7% from $1.45 billion a year earlier and up 1.3% from the prior quarter.
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Analysis
Simon Property (SPG) Rental Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Simon Property's Rental Revenue was $6.61 billion through Sep 30, 2026, up 17.4% year-over-year; for FY2025, it was $5.84 billion, up 8.3% from FY2024.
- Rental Revenue has now increased for five consecutive years, with a five-year compound annual growth rate of 6.3% (FY2020 to FY2025).
- In earlier years, Rental Revenue was $5.39 billion in FY2024 (+4.4%), $5.16 billion in FY2023 (+5.3%), $4.91 billion in FY2022 (+3.6%) and $4.74 billion in FY2021 (+10.1%).
- The Q3 2026 figure marks the highest quarterly Rental Revenue since Q4 2017.
- Compared with a year earlier, Rental Revenue has increased for 22 straight quarters, with growth averaging 11.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Rental Revenue ran from 0.6% in Q3 2022 to 20.3% in Q2 2026.
- Per Business Quant data, SPG's Rental Revenue in the three quarters before Q3 2026 was $1.66 billion (Q2 2026), $1.63 billion (Q1 2026) and $1.64 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 488.64 Mn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 2.21 Bn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 1.68 Bn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 1.48 Bn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 362.72 Mn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 219.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 1.19 Bn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 760.84 Mn |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.68 Bn |
| Jun 30, 2026 | 1.66 Bn |
| Mar 31, 2026 | 1.63 Bn |
| Dec 31, 2025 | 1.64 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.38 Bn |
| Mar 31, 2025 | 1.37 Bn |
| Dec 31, 2024 | 1.43 Bn |
| Sep 30, 2024 | 1.34 Bn |
| Jun 30, 2024 | 1.32 Bn |
| Mar 31, 2024 | 1.30 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.25 Bn |
| Dec 31, 2022 | 1.29 Bn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 1.19 Bn |
| Mar 31, 2022 | 1.21 Bn |
| Dec 31, 2021 | 1.22 Bn |
API Access
Simon Property Rental Revenue 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=rental-revenue&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rental-revenue", "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=rental-revenue&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();