Simon Property (SPG) Selling, General & Administrative (2009 - 2026)
Simon Property (SPG) reported Selling, General & Administrative of $54.3 million for Q1 2026, up 330.0% from $12.63 million a year earlier and up 203.9% from the prior quarter.
Simon Property (SPG) Selling, General & Administrative (2009 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Simon Property's Selling, General & Administrative came in at $102.56 million, up 112.6% year-over-year; for FY2025, it came in at $60.89 million, up 36.1% from FY2024.
- Selling, General & Administrative has increased for five consecutive years, with a five-year compound annual growth rate of 22.0% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $44.74 million in FY2024 (+16.2%), $38.51 million in FY2023 (+10.1%), $34.97 million in FY2022 (+15.3%) and $30.34 million in FY2021 (+34.4%).
- The Q1 2026 figure ranks as the highest quarterly Selling, General & Administrative in data going back to Q1 2009.
- Year over year, Selling, General & Administrative has now increased in each of the last 19 quarters, with growth averaging 68.9% over the last eight quarters.
- The high point for year-over-year Selling, General & Administrative in five years was Q1 2026 (growth of 330.0%); the low point was Q2 2021 (a decline of 0.6%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $17.87 million (Q4 2025), $16.09 million (Q3 2025) and $14.3 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.22 Bn | 144.72 Bn | 1.39 Bn | 67.49 Mn |
| 2 | Prologis | 123.33 Bn | 118.37 Bn | - | 129.63 Mn |
| 3 | Simon Property | 64.64 Bn | 60.49 Bn | - | 54.30 Mn |
| 4 | Realty Income | 51.06 Bn | 49.28 Bn | - | 57.61 Mn |
| 5 | Public Storage | 50.23 Bn | 49.22 Bn | - | 44.37 Mn |
| 6 | Ventas | 40.92 Bn | 39.61 Bn | - | 46.99 Mn |
| 7 | Extra Space Storage | 27.97 Bn | 27.97 Bn | 642.43 Mn | 47.32 Mn |
| 8 | Vici Properties | 24.77 Bn | 22.89 Bn | 1.05 Bn | 15.43 Mn |
| 9 | Vivmark Residential | 22.67 Bn | 22.45 Bn | - | 16.64 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 73.15 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 54.30 Mn |
| Dec 31, 2025 | 17.87 Mn |
| Sep 30, 2025 | 16.09 Mn |
| Jun 30, 2025 | 14.30 Mn |
| Mar 31, 2025 | 12.63 Mn |
| Dec 31, 2024 | 15.60 Mn |
| Sep 30, 2024 | 9.17 Mn |
| Jun 30, 2024 | 10.84 Mn |
| Mar 31, 2024 | 9.13 Mn |
| Dec 31, 2023 | 10.28 Mn |
| Sep 30, 2023 | 9.07 Mn |
| Jun 30, 2023 | 10.06 Mn |
| Mar 31, 2023 | 9.11 Mn |
| Dec 31, 2022 | 9.99 Mn |
| Sep 30, 2022 | 7.78 Mn |
| Jun 30, 2022 | 9.36 Mn |
| Mar 31, 2022 | 7.83 Mn |
| Dec 31, 2021 | 9.60 Mn |
| Sep 30, 2021 | 6.91 Mn |
| Jun 30, 2021 | 7.25 Mn |
Simon Property Selling, General & Administrative 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=selling-general-and-administrative&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();