Simon Property Group Inc. (SPG.PJ) stock
SPG.PJNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as SPG
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026Score 8/302% above fair value
$53.11+0.37 (+0.70%)
Close on Oct 30, 2026Market cap $70.46BP/E 15.4Yield 3.93%
Simon Property free cash flow
Free cash flow is cash from operations minus capital expenditures: the cash available for dividends, buybacks, debt repayment or acquisitions.
Simon Property's free cash flow for the twelve months ending Jun 30, 2026 was $3.22B, up 2.4% year over year. For fiscal 2025 it was $3.20B, up 4.7% from the year before. Over ten years it grew 4.8% a year on average. The highest annual figure on record is $3.20B in fiscal 2025.
Annual free cash flow
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.20B | +4.7% |
| FY2024 | Dec 31, 2024 | $3.06B | -2.5% |
| FY2023 | Dec 31, 2023 | $3.14B | +0.7% |
| FY2022 | Dec 31, 2022 | $3.12B | +0.2% |
| FY2021 | Dec 31, 2021 | $3.11B | +68.8% |
| FY2020 | Dec 31, 2020 | $1.84B | -37.2% |
| FY2019 | Dec 31, 2019 | $2.93B | -1.2% |
| FY2018 | Dec 31, 2018 | $2.97B | +3.7% |
| FY2017 | Dec 31, 2017 | $2.86B | +11.2% |
| FY2016 | Dec 31, 2016 | $2.57B | +28.5% |
| FY2015 | Dec 31, 2015 | $2.00B | +3.6% |
| FY2014 | Dec 31, 2014 | $1.93B | – |
Quarterly free cash flow
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $958.67M | -1.3% |
| Q1 FY2026 | Mar 31, 2026 | $624.98M | +4.7% |
| Q4 FY2025 | Dec 31, 2025 | $948.84M | +9.4% |
| Q3 FY2025 | Sep 30, 2025 | $685.04M | -3.0% |
| Q2 FY2025 | Jun 30, 2025 | $971.31M | +11.0% |
| Q1 FY2025 | Mar 31, 2025 | $597.02M | -2.1% |
| Q4 FY2024 | Dec 31, 2024 | $867.68M | +1.1% |
| Q3 FY2024 | Sep 30, 2024 | $706.48M | -0.2% |
| Q2 FY2024 | Jun 30, 2024 | $874.78M | -3.7% |
| Q1 FY2024 | Mar 31, 2024 | $610.13M | -7.9% |
| Q4 FY2023 | Dec 31, 2023 | $858.47M | +14.8% |
| Q3 FY2023 | Sep 30, 2023 | $708.17M | -9.9% |
| Q2 FY2023 | Jun 30, 2023 | $908.26M | -4.0% |
| Q1 FY2023 | Mar 31, 2023 | $662.61M | +4.0% |
| Q4 FY2022 | Dec 31, 2022 | $747.51M | -3.7% |
| Q3 FY2022 | Sep 30, 2022 | $785.61M | +14.9% |
| Q2 FY2022 | Jun 30, 2022 | $946.25M | +6.5% |
| Q1 FY2022 | Mar 31, 2022 | $637.22M | -16.3% |
| Q4 FY2021 | Dec 31, 2021 | $776.47M | -3.8% |
| Q3 FY2021 | Sep 30, 2021 | $683.91M | +22.4% |
| Q2 FY2021 | Jun 30, 2021 | $888.13M | – |
| Q1 FY2021 | Mar 31, 2021 | $760.95M | +44.1% |
| Q4 FY2020 | Dec 31, 2020 | $806.96M | -49.7% |
| Q3 FY2020 | Sep 30, 2020 | $558.77M | -10.0% |
| Q2 FY2020 | Jun 30, 2020 | -$51.25M | -106.4% |
| Q1 FY2020 | Mar 31, 2020 | $528.09M | -20.4% |
| Q2 FY2019 | Sep 30, 2019 | $1.60B | +93.0% |
| Q1 FY2019 | Mar 31, 2019 | $620.57M | -7.5% |
| Q4 FY2018 | Dec 31, 2018 | $803.68M | +27.7% |
| Q3 FY2018 | Sep 30, 2018 | $663.10M | -10.6% |
| Q2 FY2018 | Jun 30, 2018 | $831.39M | -2.6% |
| Q1 FY2018 | Mar 31, 2018 | $670.72M | +5.3% |
| Q4 FY2017 | Dec 31, 2017 | $629.56M | +1.8% |
| Q3 FY2017 | Sep 30, 2017 | $741.50M | +14.9% |
| Q2 FY2017 | Jun 30, 2017 | $853.54M | +9.6% |
| Q1 FY2017 | Mar 31, 2017 | $637.10M | – |
| Q4 FY2016 | Dec 31, 2016 | $618.65M | – |
| Q3 FY2016 | Sep 30, 2016 | $645.09M | – |
| Q2 FY2016 | Jun 30, 2016 | $779.07M | – |