Simon Property (SPG) Times Interest Earned (2009 - 2025)
Simon Property (SPG) posted quarterly Times Interest Earned of $3.27 for Q4 2025, down 8.83% year-over-year from $3.59 in Q4 2024, and down 2.32% quarter-over-quarter from $3.35 in Q3 2025.
Simon Property (SPG) Times Interest Earned (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Times Interest Earned for 17 consecutive years, with $3.27 the latest figure, recorded in Q4 2025.
- In Q4 2025, Times Interest Earned fell 8.83% year-over-year to $3.27; the TTM figure through Dec 2025 stood at $3.26 (down 4.04% YoY), while the FY2025 annual figure was $1.77, down 47.88% from the prior year.
- Times Interest Earned slipped to $3.27 in Q4 2025 per SPG's latest filing, from $3.35 in the prior quarter.
- Across five years, Times Interest Earned topped out at $3.59 in Q4 2024 and bottomed at $1.24 in Q2 2025.
- Historically, Times Interest Earned has averaged $3.17 across 5 years, with a median of $3.3 in 2023.
- Annual changes were most pronounced in 2021 — Times Interest Earned surged 53.14% — and 2025, when it slumped 63.55%.
- Simon Property's Times Interest Earned stood at $3.06 in 2021, then gained by 11.41% to $3.41 in 2022, then increased by 3.41% to $3.52 in 2023, then increased by 1.86% to $3.59 in 2024, then fell by 8.83% to $3.27 in 2025.
- Business Quant data shows SPG's Times Interest Earned at $3.27 in Q4 2025, $3.35 in Q3 2025, and $1.24 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn | 3.27 |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - | 1.95 |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn | 2.34 |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn | 2.77 |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - | 1.12 |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - | 2.83 |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn | -0.96 |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - | 3.45 |
| 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 | 3.27 |
| Sep 30, 2025 | 3.35 |
| Jun 30, 2025 | 1.24 |
| Mar 31, 2025 | 3.21 |
| Dec 31, 2024 | 3.59 |
| Sep 30, 2024 | 3.39 |
| Jun 30, 2024 | 3.41 |
| Mar 31, 2024 | 3.19 |
| Dec 31, 2023 | 3.52 |
| Sep 30, 2023 | 3.27 |
| Jun 30, 2023 | 3.02 |
| Mar 31, 2023 | 3.32 |
| Dec 31, 2022 | 3.41 |
| Sep 30, 2022 | 3.47 |
| Jun 30, 2022 | 3.35 |
| Mar 31, 2022 | 3.35 |
| Dec 31, 2021 | 3.06 |
| Sep 30, 2021 | 3.07 |
| Jun 30, 2021 | 3.02 |
| Mar 31, 2021 | 2.99 |