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 operating income
Operating income is the profit from the core business after operating expenses such as R&D and selling costs, before interest and taxes.
Simon Property's operating income for the twelve months ending Jun 30, 2026 was $3.29B, up 7.0% year over year. For fiscal 2025 it was $3.18B, up 2.7% from the year before. Over ten years it grew 1.8% a year on average. The highest annual figure on record is $3.18B in fiscal 2025.
Annual operating income
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.18B | +2.7% |
| FY2024 | Dec 31, 2024 | $3.09B | +10.2% |
| FY2023 | Dec 31, 2023 | $2.81B | +8.6% |
| FY2022 | Dec 31, 2022 | $2.58B | +7.1% |
| FY2021 | Dec 31, 2021 | $2.41B | +22.4% |
| FY2020 | Dec 31, 2020 | $1.97B | -32.3% |
| FY2019 | Dec 31, 2019 | $2.91B | -0.5% |
| FY2018 | Dec 31, 2018 | $2.93B | +4.4% |
| FY2017 | Dec 31, 2017 | $2.80B | +3.0% |
| FY2016 | Dec 31, 2016 | $2.72B | +1.9% |
| FY2015 | Dec 31, 2015 | $2.67B | +11.9% |
| FY2014 | Dec 31, 2014 | $2.39B | +9.0% |
| FY2013 | Dec 31, 2013 | $2.19B | +9.1% |
| FY2012 | Dec 31, 2012 | $2.01B | +3.2% |
| FY2011 | Dec 31, 2011 | $1.94B | +11.2% |
| FY2010 | Dec 31, 2010 | $1.75B | +24.2% |
| FY2009 | Dec 31, 2009 | $1.41B | -8.8% |
| FY2008 | Dec 31, 2008 | $1.54B | +0.6% |
| FY2007 | Dec 31, 2007 | $1.53B | – |
Quarterly operating income
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $824.10M | +10.7% |
| Q1 FY2026 | Mar 31, 2026 | $762.16M | +4.7% |
| Q4 FY2025 | Dec 31, 2025 | $890.67M | +6.6% |
| Q3 FY2025 | Sep 30, 2025 | $812.91M | +5.9% |
| Q2 FY2025 | Jun 30, 2025 | $744.20M | -1.3% |
| Q1 FY2025 | Mar 31, 2025 | $727.62M | -1.0% |
| Q4 FY2024 | Dec 31, 2024 | $835.75M | +5.5% |
| Q3 FY2024 | Sep 30, 2024 | $767.77M | +10.6% |
| Q2 FY2024 | Jun 30, 2024 | $754.10M | +14.6% |
| Q1 FY2024 | Mar 31, 2024 | $735.18M | +10.9% |
| Q4 FY2023 | Dec 31, 2023 | $792.14M | +15.8% |
| Q3 FY2023 | Sep 30, 2023 | $694.23M | +6.4% |
| Q2 FY2023 | Jun 30, 2023 | $657.93M | +5.0% |
| Q1 FY2023 | Mar 31, 2023 | $662.72M | +6.8% |
| Q4 FY2022 | Dec 31, 2022 | $684.21M | +15.7% |
| Q3 FY2022 | Sep 30, 2022 | $652.20M | +6.5% |
| Q2 FY2022 | Jun 30, 2022 | $626.76M | +3.6% |
| Q1 FY2022 | Mar 31, 2022 | $620.39M | +2.6% |
| Q4 FY2021 | Dec 31, 2021 | $591.53M | +28.0% |
| Q3 FY2021 | Sep 30, 2021 | $612.32M | +51.6% |
| Q2 FY2021 | Jun 30, 2021 | $604.72M | +34.1% |
| Q1 FY2021 | Mar 31, 2021 | $604.61M | -7.7% |
| Q4 FY2020 | Dec 31, 2020 | $462.05M | -66.7% |
| Q3 FY2020 | Sep 30, 2020 | $404.02M | -45.8% |
| Q2 FY2020 | Jun 30, 2020 | $450.87M | -41.5% |
| Q1 FY2020 | Mar 31, 2020 | $654.87M | -9.4% |
| Q2 FY2019 | Sep 30, 2019 | $1.39B | +90.4% |
| Q1 FY2019 | Mar 31, 2019 | $745.02M | +5.7% |
| Q4 FY2018 | Dec 31, 2018 | $770.51M | +2.8% |
| Q3 FY2018 | Sep 30, 2018 | $722.84M | +4.7% |
| Q2 FY2018 | Jun 30, 2018 | $727.98M | +6.1% |
| Q1 FY2018 | Mar 31, 2018 | $704.96M | +4.2% |
| Q4 FY2017 | Dec 31, 2017 | $749.45M | +7.0% |
| Q3 FY2017 | Sep 30, 2017 | $690.07M | +2.1% |
| Q2 FY2017 | Jun 30, 2017 | $686.15M | +4.1% |
| Q1 FY2017 | Mar 31, 2017 | $676.67M | – |
| Q4 FY2016 | Dec 31, 2016 | $700.50M | – |
| Q3 FY2016 | Sep 30, 2016 | $676.19M | – |
| Q2 FY2016 | Jun 30, 2016 | $659.24M | – |