Simon Property (SPG) Total Liabilities (2009 - 2025)
Simon Property (SPG) posted quarterly Total Liabilities of $33.9 billion for Q4 2025, up 17.69% year-over-year from $28.8 billion in Q4 2024, and up 10.69% quarter-over-quarter from $30.6 billion in Q3 2025.
Simon Property (SPG) Total Liabilities (2009 - 2025) Analysis & Trends
Simon Property (SPG) has reported Total Liabilities for 17 consecutive years, with $33.9 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Total Liabilities rose 17.69% year-over-year to $33.9 billion; the TTM figure through Dec 2025 stood at $33.9 billion (up 17.69% YoY), while the FY2025 annual figure was $33.9 billion, up 17.69% from the prior year.
- Total Liabilities rose to $33.9 billion in Q4 2025 per SPG's latest filing, from $30.6 billion in the prior quarter.
- Across five years, Total Liabilities topped out at $33.9 billion in Q4 2025 and bottomed at $28.8 billion in Q3 2022.
- Historically, Total Liabilities has averaged $29.9 billion across 5 years, with a median of $29.6 billion in 2021.
- Annual changes were most pronounced in 2024 — Total Liabilities declined 5.85% — and 2025, when it grew 17.69%.
- Simon Property's Total Liabilities stood at $29.4 billion in 2021, then slipped by 0.64% to $29.2 billion in 2022, then climbed by 4.83% to $30.6 billion in 2023, then slipped by 5.85% to $28.8 billion in 2024, then rose by 17.69% to $33.9 billion in 2025.
- Business Quant data shows SPG's Total Liabilities at $33.9 billion in Q4 2025, $30.6 billion in Q3 2025, and $30.2 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.39 Bn | 72.39 Bn | 1.76 Bn | 33.90 Bn |
| 2 | Realty Income | 57.88 Bn | 57.88 Bn | - | 34.51 Bn |
| 3 | Kimco Realty | 16.15 Bn | 16.15 Bn | 455.67 Mn | 9.61 Bn |
| 4 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn | 5.44 Bn |
| 5 | Agree Realty | 8.88 Bn | 8.87 Bn | - | 4.07 Bn |
| 6 | Nnn Reit | 8.70 Bn | 8.70 Bn | - | 5.15 Bn |
| 7 | Macerich | 6.68 Bn | 6.68 Bn | 171.77 Mn | 5.62 Bn |
| 8 | Essential Properties Realty Trust | 6.55 Bn | 6.55 Bn | - | 3.04 Bn |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | 3.25 Bn |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | 2.78 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.90 Bn |
| Sep 30, 2025 | 30.63 Bn |
| Jun 30, 2025 | 30.20 Bn |
| Mar 31, 2025 | 29.23 Bn |
| Dec 31, 2024 | 28.81 Bn |
| Sep 30, 2024 | 29.95 Bn |
| Jun 30, 2024 | 29.79 Bn |
| Mar 31, 2024 | 29.93 Bn |
| Dec 31, 2023 | 30.60 Bn |
| Sep 30, 2023 | 29.35 Bn |
| Jun 30, 2023 | 29.29 Bn |
| Mar 31, 2023 | 29.62 Bn |
| Dec 31, 2022 | 29.19 Bn |
| Sep 30, 2022 | 28.76 Bn |
| Jun 30, 2022 | 28.98 Bn |
| Mar 31, 2022 | 29.16 Bn |
| Dec 31, 2021 | 29.38 Bn |
| Sep 30, 2021 | 29.52 Bn |
| Jun 30, 2021 | 30.61 Bn |
| Mar 31, 2021 | 30.38 Bn |