Real Estate Segment was Simon Property’s largest segment in fiscal 2025, bringing in $6.02B of $6.36B (95%).
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Real Estate Segment | $5.06B | $5.32B | $5.54B | $6.02B |
| All Other & Eliminations, Net | $235.33M | $335.64M | $421.48M | $347.88M |
| Total | $5.29B | $5.66B | $5.96B | $6.36B |
Simon Property brought in $6.36B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 6.7% from $5.96B in fiscal 2024. Real Estate Segment was the largest at $6.02B (94.5%), ahead of All Other & Eliminations, Net at $347.88M (5.5%).
Compared with fiscal 2024, Real Estate Segment grew 8.6% to $6.02B, while All Other & Eliminations, Net fell 17.5% to $347.88M. From fiscal 2022 to 2025, combined revenue from these segments grew from $5.29B to $6.36B, a compound annual growth rate of 6.3%. Real Estate Segment's share of the total fell from 95.6% to 94.5%.
Simon Property (SPG) reports its revenue by segment. In fiscal 2025, Real Estate Segment was its largest segment, bringing in $6.02B (94.5% of the total), followed by All Other & Eliminations, Net at $347.88M (5.5%).
Real Estate Segment was Simon Property's largest segment in fiscal 2025, bringing in $6.02B, or 94.5% of the $6.36B total across its two segments.
Real Estate Segment grew faster than All Other & Eliminations, Net in fiscal 2025, up 8.6% from $5.54B to $6.02B. All Other & Eliminations, Net fell 17.5% to $347.88M.
Every figure comes from Simon Property's annual financial filings, as reported. Each line keeps the name Simon Property gives it, and years follow its fiscal calendar.
Simon Property's revenue by segment goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.