Simon Property (SPG) Tax Rate (2010 - 2026)
Simon Property's Tax Rate came in at 1.99% for Q2 2026, down 4.87 percentage points from 6.86% a year earlier.
Analysis
Simon Property (SPG) Tax Rate (2010 - 2026) Analysis & Trends
For FY2025, Simon Property's Tax Rate was 1.63%, up 0.56 percentage points from FY2024.
- Tax Rate carries a four-year change of -8.09 percentage points (FY2021 to FY2025).
- Going back by year, Tax Rate was 1.06% in FY2024 (-3.13 pp), 4.19% in FY2023 (-0.39 pp), 4.58% in FY2022 (-5.14 pp) and 9.72% in FY2021.
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q3 2024.
- Year-over-year, Tax Rate increased in two of the last four quarters, with an average year-over-year change of -1.31 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2021 (a gain of 14.93 percentage points), and the weakest in Q3 2022 (a drop of 14.53 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | 2.11% |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 10.02% |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 1.99% |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | - |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 5.17% |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | - |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 4.50% |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 0.74% |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 0.34% |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.99% |
| Sep 30, 2025 | 2.65% |
| Jun 30, 2025 | 6.86% |
| Sep 30, 2024 | 0.48% |
| Jun 30, 2024 | 0.93% |
| Mar 31, 2024 | 9.43% |
| Dec 31, 2023 | 7.34% |
| Sep 30, 2023 | 8.97% |
| Jun 30, 2023 | 2.38% |
| Dec 31, 2022 | 10.83% |
| Sep 30, 2022 | 1.78% |
| Jun 30, 2022 | 5.54% |
| Dec 31, 2021 | 12.27% |
| Sep 30, 2021 | 16.30% |
| Jun 30, 2021 | 11.63% |
| Sep 30, 2020 | 1.37% |
| Dec 31, 2019 | 1.15% |
| Sep 30, 2019 | 1.23% |
| Jun 30, 2019 | 1.45% |
| Mar 31, 2019 | 1.85% |
API Access
Simon Property Tax Rate 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=tax-rate&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();