Simon Property (SPG) Total Non-Current Liabilities (2009 - 2026)
Simon Property's Total Non-Current Liabilities came in at $32.74 billion for Q1 2026, up 14.0% from $28.73 billion a year earlier but down 1.1% from the prior quarter.
Simon Property (SPG) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Simon Property's Total Non-Current Liabilities was $33.12 billion, up 16.8% from FY2024.
- Total Non-Current Liabilities carries a five-year compound annual growth rate of 1.5% (FY2020 to FY2025).
- Going back by year, Total Non-Current Liabilities was $28.36 billion in FY2024 (-6.0%), $30.17 billion in FY2023 (+4.5%), $28.86 billion in FY2022 (-1.8%) and $29.38 billion in FY2021 (-4.6%).
- The five-year range for quarterly Total Non-Current Liabilities is $28.36 billion (Q4 2024) to $33.12 billion (Q4 2025).
- Year-over-year, Total Non-Current Liabilities has increased for four consecutive quarters, with growth averaging 3.4% over the last eight quarters.
- The fastest year-over-year change in Total Non-Current Liabilities over five years came in Q4 2025 (growth of 16.8%), and the weakest in Q4 2024 (a decline of 6.0%).
- Business Quant data shows SPG's Total Non-Current Liabilities at $33.12 billion (Q4 2025), $29.96 billion (Q3 2025) and $29.54 billion (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.22 Bn | 144.72 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.33 Bn | 118.37 Bn | - | 38.97 Bn |
| 3 | Simon Property | 64.64 Bn | 60.49 Bn | - | 32.74 Bn |
| 4 | Realty Income | 51.06 Bn | 49.28 Bn | - | 33.49 Bn |
| 5 | Public Storage | 50.23 Bn | 49.22 Bn | - | - |
| 6 | Ventas | 40.92 Bn | 39.61 Bn | - | - |
| 7 | Extra Space Storage | 27.97 Bn | 27.97 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.77 Bn | 22.89 Bn | 1.05 Bn | 17.65 Bn |
| 9 | Vivmark Residential | 22.67 Bn | 22.45 Bn | - | 9.30 Bn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 7.36 Bn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 32.74 Bn |
| Dec 31, 2025 | 33.12 Bn |
| Sep 30, 2025 | 29.96 Bn |
| Jun 30, 2025 | 29.54 Bn |
| Mar 31, 2025 | 28.73 Bn |
| Dec 31, 2024 | 28.36 Bn |
| Sep 30, 2024 | 29.48 Bn |
| Jun 30, 2024 | 29.36 Bn |
| Mar 31, 2024 | 29.48 Bn |
| Dec 31, 2023 | 30.17 Bn |
| Sep 30, 2023 | 29.00 Bn |
| Jun 30, 2023 | 29.01 Bn |
| Mar 31, 2023 | 29.35 Bn |
| Dec 31, 2022 | 28.86 Bn |
| Sep 30, 2022 | 28.82 Bn |
| Jun 30, 2022 | 29.00 Bn |
| Mar 31, 2022 | 29.19 Bn |
| Dec 31, 2021 | 29.38 Bn |
| Sep 30, 2021 | 29.55 Bn |
| Jun 30, 2021 | 30.57 Bn |
Simon Property Total Non-Current Liabilities 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=total-non-current-liabilities&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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=total-non-current-liabilities&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();