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    SIMON PROPERTY GROUP INC.

    Company overview

    Market capitalization
    —
    Employees
    3,100
    Latest publication
    2026-09-29
    About SIMON PROPERTY GROUP INC.

    Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries. Simon Property Group, Inc. was incorporated in 1960 and is based in Indiana, United States.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Revenue1,790,598,000USD1,757,093,000USD1,791,462,000USD1,601,571,000USD1,498,460,000USD1,473,012,000USD1,582,232,000USD1,480,710,000USD
    Cost Of Revenue865,750,000USD346,920,000USD154,528,000USD265,210,000USD214,990,000USD274,415,000USD271,774,000USD258,132,000USD
    Gross Profit924,848,000USD1,410,173,000USD1,636,934,000USD1,336,361,000USD1,283,470,000USD1,198,597,000USD1,310,458,000USD1,222,578,000USD
    Selling General Administrative12,004,000USD121,955,000USD82,705,000USD16,091,000USD14,298,000USD12,629,000USD15,602,000USD9,171,000USD
    Selling And Marketing Expenses39,056,000USD33,930,000USD46,615,000USD38,645,000USD36,309,000USD34,257,000USD43,505,000USD34,138,000USD
    General And Administrative Expenses12,004,000USD———————
    Other Operating Expenses49,690,000USD———————
    Total Operating Expenses100,750,000USD648,010,000USD746,265,000USD523,448,000USD539,272,000USD470,981,000USD474,712,000USD454,809,000USD
    Operating Income824,098,000USD762,163,000USD890,669,000USD812,914,000USD744,197,000USD727,616,000USD835,746,000USD767,769,000USD
    Total Other Income Expense Net-239,159,000USD-303,289,000USD2,642,417,000USD-107,745,000USD-65,409,000USD-257,393,000USD-95,895,000USD-218,493,000USD
    Interest Expense281,164,000USD275,662,000USD272,327,000USD242,790,000USD232,724,000USD226,995,000USD227,415,000USD226,424,000USD
    Depreciation And Amortization459,876,000USD458,898,000USD420,675,000USD338,639,000USD367,638,000USD355,647,000USD360,599,000USD341,905,000USD
    Income Before Tax584,939,000USD458,874,000USD3,533,086,000USD705,169,000USD678,788,000USD470,223,000USD739,851,000USD549,276,000USD
    Income Tax Expense10,809,000USD-19,934,000USD-6,796,000USD15,114,000USD35,107,000USD-7,637,000USD-31,908,000USD2,605,000USD
    Equity Method Income Loss119,127,000USD———————
    Net Income574,130,000USD480,403,000USD3,049,103,000USD594,367,000USD556,967,000USD414,533,000USD668,065,000USD475,995,000USD
    Minority Interest90,157,000USD-88,132,000USD-490,780,000USD-95,688,000USD-86,714,000USD-63,327,000USD-103,694,000USD-70,676,000USD
    Net Income Applicable To Common Shares483,139,000USD—3,048,269,000USD606,174,000USD556,133,000USD413,699,000USD667,231,000USD475,161,000USD
    Unclassified Operating Expenses—492,125,000USD616,945,000USD468,712,000USD488,665,000USD424,095,000USD415,605,000USD411,500,000USD
    Net Interest Income—-275,662,000USD-272,326,000USD-242,790,000USD-232,724,000USD-226,995,000USD-227,415,000USD-226,424,000USD
    Tax Provision—-19,934,000USD-6,796,000USD15,114,000USD35,107,000USD-7,637,000USD-31,908,000USD2,605,000USD
    Net Income From Continuing Ops—568,535,000USD3,539,883,000USD702,696,000USD643,681,000USD477,860,000USD771,759,000USD546,671,000USD
    Ebit—700,063,000USD3,805,413,000USD705,169,000USD911,512,000USD697,218,000USD967,266,000USD775,700,000USD
    Ebitda—1,158,961,000USD4,226,088,000USD1,043,808,000USD1,279,150,000USD1,052,865,000USD1,327,865,000USD1,117,605,000USD
    Reconciled Depreciation—532,591,000USD456,317,000USD374,744,000USD367,638,000USD355,647,000USD360,599,000USD341,905,000USD
    Interest Income——244,249,000USD105,502,000USD55,805,000USD257,393,000USD13,325,000USD217,265,000USD
    Source0001104659-26-093360DeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Total Revenue3,547,691,000USD
    Cost Of Revenue1,739,224,000USD
    Gross Profit1,808,467,000USD
    Selling General Administrative66,303,000USD
    Selling And Marketing Expenses72,986,000USD
    General And Administrative Expenses66,303,000USD
    Other Operating Expenses82,918,000USD
    Total Operating Expenses222,207,000USD
    Operating Income1,586,260,000USD
    Total Other Income Expense Net-452,720,000USD
    Interest Expense556,826,000USD
    Depreciation And Amortization918,773,000USD
    Income Before Tax1,133,540,000USD
    Income Tax Expense-9,125,000USD
    Equity Method Income Loss97,879,000USD
    Net Income1,142,665,000USD
    Minority Interest178,288,000USD
    Net Income Applicable To Common Shares962,708,000USD
    Source0001104659-26-093360DeterministicFinal

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Revenue6,364,505,000USD5,963,798,000USD5,658,836,000USD5,291,447,000USD5,116,789,000USD4,607,503,000USD5,755,189,000USD5,645,288,000USD
    Cost Of Revenue909,143,000USD1,043,414,000USD931,129,000USD1,000,954,000USD971,064,000USD887,154,000USD1,021,644,000USD1,007,964,000USD
    Gross Profit5,455,362,000USD4,920,384,000USD4,727,707,000USD4,290,493,000USD4,145,725,000USD3,720,349,000USD4,733,545,000USD4,637,324,000USD
    Selling General Administrative125,723,000USD44,743,000USD38,513,000USD34,971,000USD30,339,000USD22,572,000USD34,860,000USD46,543,000USD
    Selling And Marketing Expenses155,826,000USD144,551,000USD127,346,000USD107,793,000USD114,303,000USD98,613,000USD150,344,000USD151,241,000USD
    Unclassified Operating Expenses1,998,417,000USD1,638,294,000USD1,754,826,000USD1,564,176,000USD1,587,893,000USD1,627,355,000USD1,635,554,000USD1,513,241,000USD
    Total Operating Expenses2,279,966,000USD1,827,588,000USD1,920,685,000USD1,706,940,000USD1,732,535,000USD1,748,540,000USD1,820,758,000USD1,711,025,000USD
    Operating Income3,175,396,000USD3,092,796,000USD2,807,022,000USD2,583,553,000USD2,413,190,000USD1,971,809,000USD2,912,787,000USD2,926,299,000USD
    Interest Income662,948,000USD264,695,000USD105,074,000USD53,303,000USD157,702,000USD584,162,000USD353,216,000USD355,885,000USD
    Interest Expense974,836,000USD905,797,000USD854,648,000USD762,848,000USD795,712,000USD784,400,000USD789,353,000USD815,923,000USD
    Net Interest Income-974,835,000USD-905,797,000USD-854,648,000USD-761,253,000USD-795,712,000USD-784,400,000USD-789,353,000USD-815,923,000USD
    Income Before Tax5,399,908,000USD2,752,283,000USD2,698,892,000USD2,535,897,000USD2,725,906,000USD1,272,687,000USD2,453,242,000USD2,859,241,000USD
    Income Tax Expense35,788,000USD23,262,000USD81,874,000USD83,512,000USD157,199,000USD-4,637,000USD30,054,000USD36,898,000USD
    Tax Provision35,788,000USD23,262,000USD81,874,000USD83,512,000USD157,199,000USD-4,637,000USD30,054,000USD36,898,000USD
    Net Income4,614,970,000USD2,370,896,000USD2,617,018,000USD2,139,535,000USD2,249,631,000USD1,112,564,000USD2,101,584,000USD2,440,058,000USD
    Net Income From Continuing Ops5,364,120,000USD2,729,021,000USD2,617,018,000USD2,452,385,000USD2,568,707,000USD1,562,925,000USD2,769,198,000USD2,950,251,000USD
    Ebit6,374,744,000USD3,658,080,000USD2,807,022,000USD2,583,553,000USD2,413,190,000USD2,057,087,000USD3,242,595,000USD3,675,164,000USD
    Ebitda7,857,343,000USD5,017,941,000USD4,069,129,000USD4,458,901,000USD4,458,742,000USD3,412,078,000USD4,636,767,000USD5,024,940,000USD
    Depreciation And Amortization1,482,599,000USD1,359,861,000USD1,262,107,000USD1,875,348,000USD2,045,552,000USD1,354,991,000USD1,394,172,000USD1,349,776,000USD
    Reconciled Depreciation1,554,346,000USD1,359,861,000USD1,333,584,000USD1,227,371,000USD1,262,715,000USD1,354,991,000USD1,394,172,000USD1,349,776,000USD
    Total Other Income Expense Net2,224,512,000USD-340,513,000USD-2,807,015,020USD-47,656,000USD312,716,000USD-699,122,000USD-459,545,000USD-67,058,000USD
    Minority Interest-736,508,000USD-358,125,000USD333,892,000USD312,850,000USD319,076,000USD164,760,000USD321,604,000USD382,285,000USD
    Net Income Applicable To Common Shares4,624,275,000USD2,367,559,000USD2,279,789,000USD2,136,198,000USD2,246,294,000USD1,109,227,000USD2,098,247,000USD2,436,721,000USD
    Research Development——0USD0USD0USD0USD0USD0USD
    Non Operating Income Net Other———647,977,000USD730,996,000USD219,870,000USD328,093,000USD475,250,000USD
    Discontinued Operations———————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets39,709,266,000USD39,639,081,000USD40,606,466,000USD33,602,187,000USD33,295,602,000USD32,501,143,000USD32,405,691,000USD33,275,918,000USD
    Cash And Equivalents1,019,091,000USD—823,147,000USD1,552,577,000USD1,231,437,000USD1,380,008,000USD1,400,345,000USD2,170,102,000USD
    Cash And Short Term Investments1,057,491,000USD542,955,000USD823,147,000USD1,552,577,000USD1,231,437,000USD1,380,008,000USD1,400,345,000USD2,470,102,000USD
    Short Term Investments38,400,000USD—————632,355,000USD300,000,000USD
    Total Liabilities33,862,739,000USD———————
    Total Stockholder Equity4,434,416,000USD4,858,757,000USD5,208,268,000USD2,349,611,000USD2,451,508,000USD2,605,575,000USD2,941,925,000USD2,713,136,000USD
    Total Equity Including Noncontrolling Interest5,574,700,000USD———————
    Long Term Debt28,699,607,000USD28,247,682,000USD28,430,175,000USD25,789,055,000USD25,401,250,000USD24,753,200,000USD24,205,430,000USD25,417,558,000USD
    Net Receivables884,241,000USD880,807,000USD934,077,000USD819,487,000USD777,538,000USD779,888,000USD1,428,600,000USD767,756,000USD
    Property Plant Equipment Net30,443,652,000USD30,685,769,000USD31,000,491,000USD529,116,000USD515,455,000USD517,531,000USD519,607,000USD521,386,000USD
    Common Stock33,000USD33,000USD33,000USD33,000USD33,000USD33,000USD33,000USD33,000USD
    Retained Earnings-5,128,188,000USD-4,875,676,000USD-4,608,136,000USD-6,934,926,000USD-6,837,606,000USD-6,709,618,000USD-6,382,515,000USD-6,358,449,000USD
    Accumulated Other Comprehensive Income-233,740,000USD-227,770,000USD-251,361,000USD-281,298,000USD-256,308,000USD-219,745,000USD-193,026,000USD-206,340,000USD
    Intangible Assets—1,701,757,000USD-21,984,000USD1,648,577,000USD1,630,964,000USD1,487,366,000USD2,746,000USD1,619,747,000USD
    Total Liab—33,302,299,000USD33,901,073,000USD30,627,651,000USD30,204,532,000USD29,233,568,000USD28,806,239,000USD29,953,682,000USD
    Other Current Liab—1,462,000USD1,742,141,000USD1,749,816,000USD1,748,483,000USD1,731,655,000USD1,682,841,000USD1,736,004,000USD
    Capital Stock—40,402,000USD40,484,000USD40,564,000USD40,647,000USD40,729,000USD40,811,000USD40,893,000USD
    Other Assets—35,775,529,000USD40,606,466,000USD29,052,430,000USD29,140,208,000USD—-427,166,000USD27,896,927,000USD
    Cash—542,955,000USD823,147,000USD1,552,577,000USD1,231,437,000USD1,380,008,000USD1,400,345,000USD2,170,102,000USD
    Total Current Assets—1,423,762,000USD1,757,224,000USD2,372,064,000USD2,008,975,000USD2,159,896,000USD2,828,945,000USD3,237,858,000USD
    Total Current Liabilities—1,703,219,000USD9,496,697,000USD3,398,393,000USD3,379,447,000USD3,219,021,000USD3,395,306,000USD3,355,751,000USD
    Net Debt—28,439,294,000USD28,363,567,000USD24,766,186,000USD24,685,878,000USD23,891,366,000USD23,384,433,000USD23,769,547,000USD
    Short Long Term Debt Total—28,982,249,000USD29,186,714,000USD26,318,763,000USD25,917,315,000USD25,271,374,000USD24,784,778,000USD25,939,649,000USD
    Long Term Investments—5,559,627,000USD6,392,102,000USD6,974,575,000USD7,099,992,000USD6,967,577,000USD7,756,658,000USD6,961,886,000USD
    Accounts Payable—1,701,757,000USD1,954,402,000USD1,648,577,000USD1,630,964,000USD1,487,366,000USD1,712,465,000USD1,619,747,000USD
    Property Plant Equipment Gross—738,033,000USD755,934,000USD529,116,000USD515,455,000USD517,531,000USD519,607,000USD521,386,000USD
    Common Stock Shares Outstanding—324,034,000shares326,018,000shares327,137,000shares327,137,000shares326,313,000shares326,278,000shares326,158,000shares
    Non Current Assets Total—38,215,319,000USD38,849,242,000USD31,230,123,000USD31,286,627,000USD30,341,247,000USD29,576,746,000USD30,038,060,000USD
    Non Current Liabilities Total—31,599,080,000USD24,404,376,000USD27,229,258,000USD26,825,085,000USD26,014,547,000USD25,410,933,000USD26,597,931,000USD
    Non Current Liabilities Other—825,477,000USD1,017,816,000USD910,495,000USD907,770,000USD743,173,000USD626,155,000USD658,282,000USD
    Non Currrent Assets Other—1,969,923,000USD1,981,035,000USD22,077,855,000USD22,040,216,000USD21,368,773,000USD21,277,637,000USD20,935,041,000USD
    Net Working Capital—-2,070,811,000USD-1,736,585,000USD-1,026,329,000USD-1,370,472,000USD-1,059,125,000USD-566,361,000USD-117,893,000USD
    Unclassified Non Current Assets—-37,477,286,000USD-41,150,950,000USD-29,052,430,000USD-29,140,208,000USD——-27,896,927,000USD
    Unclassified Non Current Liabilities—2,525,921,000USD-5,043,615,000USD529,708,000USD516,065,000USD518,174,000USD579,348,000USD522,091,000USD
    Unclassified Equity—9,921,768,000USD10,027,248,000USD9,525,238,000USD9,504,742,000USD9,494,176,000USD9,476,622,000USD9,236,999,000USD
    Other Current Assets——-823,147,000USD————-2,470,102,000USD
    Good Will——20,098,000USD———20,098,000USD—
    Short Term Debt——5,800,154,000USD0USD0USD2,700,550,000USD2,680,925,000USD1,016,460,000USD
    Short Long Term Debt——355,000,000USD—————
    Unclassified Current Liabilities——-355,000,000USD——-2,700,550,000USD-2,680,925,000USD-1,016,460,000USD
    Unclassified Current Assets——————-632,355,000USD-2,470,102,000USD
    Inventory———————2,470,102,000USD
    Source0001104659-26-093360DeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets40,606,466,000USD32,405,691,000USD34,283,495,000USD33,011,274,000USD33,777,379,000USD34,786,846,000USD31,231,630,000USD30,686,223,000USD
    Intangible Assets49,233,000USD2,746,000USD8,713,000USD17,772,000USD33,278,000USD34,958,000USD75,754,000USD130,638,000USD
    Other Current Assets-823,147,000USD—440,857,000USD-1,445,168,000USD345,000,000USD-2,248,347,000USD-1,501,524,000USD516,463,000USD
    Total Liab33,901,073,000USD28,806,239,000USD30,595,897,000USD29,187,383,000USD29,376,654,000USD31,128,608,000USD28,101,319,000USD26,659,104,000USD
    Total Stockholder Equity5,208,268,000USD2,941,925,000USD3,022,834,000USD3,138,524,000USD3,361,452,000USD3,658,238,000USD3,130,311,000USD4,027,119,000USD
    Other Current Liab1,742,141,000USD1,682,841,000USD1,762,764,000USD1,701,825,000USD1,574,573,000USD1,441,295,000USD239,244,000USD1,536,111,000USD
    Common Stock33,000USD33,000USD33,000USD34,000USD34,000USD34,000USD32,000USD32,000USD
    Capital Stock40,484,000USD40,811,000USD41,139,000USD41,469,000USD41,797,000USD42,125,000USD42,452,000USD42,780,000USD
    Retained Earnings-4,608,136,000USD-6,382,515,000USD-6,095,576,000USD-5,926,974,000USD-5,823,708,000USD-6,102,314,000USD-5,379,952,000USD-4,893,069,000USD
    Good Will20,098,000USD20,098,000USD20,098,000USD20,098,000USD20,098,000USD20,098,000USD20,098,000USD20,098,000USD
    Other Assets40,606,466,000USD632,087,000USD1,000USD29,715,766,000USD30,700,113,000USD31,226,574,000USD209,277,000USD249,010,000USD
    Cash823,147,000USD1,400,345,000USD1,168,991,000USD621,628,000USD533,936,000USD1,011,613,000USD669,373,000USD514,335,000USD
    Cash And Equivalents823,147,000USD1,400,345,000USD1,168,991,000USD621,628,000USD533,936,000USD1,011,613,000USD669,373,000USD514,335,000USD
    Cash And Short Term Investments823,147,000USD1,400,345,000USD2,168,991,000USD621,628,000USD533,936,000USD1,011,613,000USD669,373,000USD514,335,000USD
    Total Current Assets1,757,224,000USD2,828,945,000USD3,588,374,000USD2,107,501,000USD2,336,756,000USD2,248,347,000USD1,501,524,000USD1,278,150,000USD
    Total Current Liabilities11,002,347,000USD3,395,306,000USD3,456,012,000USD3,193,408,000USD3,507,789,000USD3,376,240,000USD2,956,976,000USD2,852,972,000USD
    Net Debt28,363,567,000USD23,384,433,000USD25,349,293,000USD24,836,611,000USD25,294,017,000USD26,227,240,000USD24,010,666,000USD22,791,200,000USD
    Short Term Debt7,305,804,000USD2,717,283,000USD2,979,987,000USD497,953,000USD500,000,000USD623,020,000USD1,327,050,000USD758,681,000USD
    Short Long Term Debt355,000,000USD———500,000,000USD623,020,000USD1,327,050,000USD758,681,000USD
    Short Long Term Debt Total29,186,714,000USD24,784,778,000USD26,518,284,000USD25,458,239,000USD25,827,953,000USD27,346,381,000USD25,490,280,000USD24,064,216,000USD
    Long Term Debt28,430,175,000USD24,205,430,000USD25,972,828,000USD24,960,286,000USD25,321,022,000USD26,723,361,000USD24,163,230,000USD23,305,535,000USD
    Long Term Investments6,392,102,000USD7,756,658,000USD8,536,075,000USD8,146,720,000USD8,042,420,000USD7,785,158,000USD4,102,702,000USD3,989,902,000USD
    Net Receivables934,077,000USD1,428,600,000USD1,419,383,000USD1,485,873,000USD1,457,820,000USD1,236,734,000USD832,151,000USD763,815,000USD
    Accounts Payable1,954,402,000USD1,712,465,000USD1,693,248,000USD1,491,583,000USD1,433,216,000USD1,311,925,000USD1,390,682,000USD1,316,861,000USD
    Property Plant Equipment Net31,000,491,000USD519,607,000USD484,073,000USD496,930,000USD504,119,000USD512,914,000USD514,660,000USD24,208,131,000USD
    Property Plant Equipment Gross755,934,000USD519,607,000USD484,073,000USD496,930,000USD504,119,000USD512,914,000USD514,660,000USD0USD
    Accumulated Other Comprehensive Income-251,361,000USD-193,026,000USD-172,787,000USD-164,873,000USD-185,186,000USD-188,675,000USD-118,604,000USD-126,017,000USD
    Common Stock Shares Outstanding326,018,000shares326,097,000shares326,807,326shares327,816,695shares328,587,137shares308,737,625shares307,950,112shares309,627,000shares
    Non Current Assets Total38,849,242,000USD29,576,746,000USD30,695,120,000USD30,903,773,000USD31,440,623,000USD32,538,499,000USD29,730,106,000USD29,408,073,000USD
    Non Current Liabilities Total22,898,726,000USD25,410,933,000USD27,139,885,000USD25,993,975,000USD25,868,865,000USD27,752,368,000USD25,144,343,000USD23,806,132,000USD
    Non Current Liabilities Other1,017,816,000USD626,155,000USD621,601,000USD535,736,000USD540,912,000USD1,029,007,000USD981,113,000USD500,597,000USD
    Non Currrent Assets Other1,981,035,000USD21,277,637,000USD21,646,161,000USD21,860,716,000USD22,420,394,000USD24,185,371,000USD25,016,892,000USD25,267,435,000USD
    Net Working Capital-1,736,585,000USD-566,361,000USD132,362,000USD-1,748,240,000USD-1,209,199,000USD-1,285,124,000USD-2,289,920,000USD-1,817,040,000USD
    Unclassified Non Current Assets-41,200,183,000USD-632,087,000USD—-29,354,229,000USD-30,279,799,000USD-31,226,574,000USD—-24,457,141,000USD
    Unclassified Current Liabilities-355,000,000USD-2,717,283,000USD-2,979,987,000USD-1,989,536,000USD-1,933,216,000USD-1,934,945,000USD-1,327,050,000USD-1,517,362,000USD
    Unclassified Non Current Liabilities-6,549,265,000USD579,348,000USD545,456,000USD—-1,654,992,000USD-1,595,683,000USD-623,115,000USD-733,007,000USD
    Unclassified Equity10,027,248,000USD9,476,622,000USD9,250,025,000USD9,188,868,000USD11,212,956,000USD11,798,420,000USD10,359,954,000USD10,430,824,000USD
    Short Term Investments—0USD1,000,000,000USD361,537,000USD37,932,366,000USD——293,831,000USD
    Current Deferred Revenue——-3,074,354,000USD1,491,583,000USD1,433,216,000USD1,311,925,000USD—-758,681,000USD
    Inventory——2,168,991,000USD—-538,166,000USD1USD6,901,195USD-516,463,000USD
    Unclassified Current Assets——-2,609,848,000USD-361,537,000USD-37,932,366,000USD——-810,294,000USD
    Deferred Long Term Liab———97,553,000USD1,121,011,000USD1,082,168,000USD209,277,000USD249,010,000USD
    Other Liab———452,225,000USD540,912,000USD513,515,000USD413,838,000USD483,997,000USD
    Net Tangible Assets———3,309,328,000USD3,319,689,000USD3,183,273,000USD2,703,039,000USD3,484,096,000USD
    Treasury Stock————-1,884,441,000USD-1,891,352,000USD-1,773,571,000USD-1,427,431,000USD
    Accumulated Depreciation———————0USD
    Additional Paid In Capital———————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Net Income1,142,665,000USD
    Depreciation1,030,448,000USD
    Other Non Cash Items102,680,000USD
    Change To Account Receivables69,871,000USD
    Change To Liabilities-253,330,000USD
    Change In Working Capital-246,852,000USD
    Operating Cash Flow2,028,941,000USD
    Capital Expenditures-445,285,000USD
    Net Investments-7,016,000USD
    Unclassified Investing Cash Flow218,514,000USD
    Investing Cash Flow-233,787,000USD
    Net Debt Issuance504,399,000USD
    Net Common Stock Issuance-347,374,000USD
    Other Financing Activities-10,075,000USD
    Unclassified Financing Cash Flow-1,746,160,000USD
    Financing Cash Flow-1,599,210,000USD
    Change In Cash195,944,000USD
    End Cash Flow1,019,091,000USD
    Source0001104659-26-093360DeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Net Income568,535,000USD3,089,552,000USD702,696,000USD643,681,000USD477,860,000USD771,759,000USD546,671,000USD569,436,000USD
    Depreciation532,591,000USD420,675,000USD374,744,000USD367,638,000USD355,647,000USD360,599,000USD341,905,000USD332,595,000USD
    Other Non Cash Items31,399,000USD-2,306,321,000USD-49,229,000USD-65,493,000USD136,979,000USD-46,944,000USD81,524,000USD70,683,000USD
    Change To Account Receivables57,417,000USD-79,411,000USD-25,402,000USD9,951,000USD35,093,000USD-19,051,000USD28,589,000USD-3,803,000USD
    Change In Working Capital-299,147,000USD11,034,000USD-137,951,000USD269,506,000USD-143,268,000USD135,000USD-77,248,000USD90,437,000USD
    Total Cash From Operating Activities833,378,000USD1,214,940,000USD890,260,000USD1,215,332,000USD827,218,000USD1,085,549,000USD892,852,000USD1,063,151,000USD
    Capital Expenditures-208,396,000USD-232,898,000USD-205,223,000USD-244,024,000USD-230,201,000USD-217,870,000USD-186,372,000USD-188,368,000USD
    Free Cash Flow624,982,000USD982,042,000USD685,037,000USD971,308,000USD597,017,000USD867,679,000USD706,480,000USD874,783,000USD
    Investments173,000USD7,488,000USD-150,274,000USD-710,557,000USD-377,866,000USD8,820,000USD811,335,000USD-105,205,000USD
    Total Cashflows From Investing Activities-106,459,000USD-370,502,000USD-150,274,000USD-710,557,000USD-377,866,000USD8,820,000USD811,335,000USD-105,205,000USD
    Net Borrowings15,832,000USD-489,845,000USD399,921,000USD149,398,000USD330,949,000USD-1,067,362,000USD12,294,000USD—
    Total Cash From Financing Activities-1,007,111,000USD-1,571,164,000USD-418,846,000USD-653,346,000USD-469,689,000USD-1,864,126,000USD-768,518,000USD-974,618,000USD
    Dividends Paid-715,904,000USD-717,513,000USD-812,291,000USD-793,392,000USD-793,327,000USD-792,218,000USD-770,299,000USD-751,208,000USD
    Sale Purchase Of Stock-177,681,000USD-226,908,000USD-4,303,000USD-8,383,000USD-8,005,000USD-1,511,000USD-82,000USD-6,350,000USD
    Change In Cash-280,192,000USD-729,430,000USD321,140,000USD-148,571,000USD-20,337,000USD-769,757,000USD935,669,000USD-16,672,000USD
    Begin Period Cash Flow823,147,000USD1,552,577,000USD1,231,437,000USD1,380,008,000USD1,400,345,000USD2,170,102,000USD1,234,433,000USD1,251,105,000USD
    End Period Cash Flow542,955,000USD823,147,000USD1,552,577,000USD1,231,437,000USD1,380,008,000USD1,400,345,000USD2,170,102,000USD1,234,433,000USD
    Other Cashflows From Investing Activities112,287,000USD104,829,000USD134,597,000USD95,281,000USD178,145,000USD163,715,000USD104,794,000USD89,100,000USD
    Other Cashflows From Financing Activities-129,276,000USD-139,602,000USD-2,173,000USD-969,000USD694,000USD-3,035,000USD-10,431,000USD-439,000USD
    Unclassified Investing Cash Flow-10,523,000USD-249,921,000USD70,626,000USD148,743,000USD52,056,000USD54,155,000USD81,578,000USD99,268,000USD
    Stock Based Compensation—25,455,000USD———23,034,000USD10,300,000USD10,700,000USD
    Unclassified Operating Cash Flow—-25,455,000USD———-23,034,000USD-10,300,000USD-10,700,000USD
    Unclassified Financing Cash Flow———————-216,621,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Net Income4,627,612,000USD2,729,021,000USD2,283,126,000USD2,452,385,000USD2,568,707,000USD1,277,324,000USD2,423,188,000USD2,440,058,000USD
    Depreciation1,426,423,000USD1,359,861,000USD1,262,107,000USD1,292,113,000USD1,325,895,000USD1,354,991,000USD1,394,172,000USD1,349,776,000USD
    Stock Based Compensation82,542,000USD52,626,000USD26,700,000USD24,700,000USD24,800,000USD1,900,000USD26,800,000USD19,800,000USD
    Other Non Cash Items-1,575,652,000USD-201,748,000USD127,426,000USD-126,780,000USD-648,928,000USD119,405,000USD26,866,000USD-30,389,000USD
    Change To Account Receivables-59,769,000USD36,161,000USD-11,802,000USD63,350,000USD265,352,000USD-415,911,000USD-157,000USD-17,518,000USD
    Change In Working Capital-679,000USD-72,479,000USD258,134,000USD148,886,000USD391,728,000USD-425,022,000USD-36,395,000USD-8,649,000USD
    Total Cash From Operating Activities4,477,704,000USD3,814,655,000USD3,930,793,000USD3,766,604,000USD3,637,402,000USD2,326,698,000USD3,807,831,000USD3,750,796,000USD
    Capital Expenditures-912,346,000USD-755,584,000USD-793,283,000USD-650,024,000USD-527,935,000USD-484,119,000USD-876,011,000USD-781,909,000USD
    Free Cash Flow3,565,358,000USD3,059,071,000USD3,137,510,000USD3,116,580,000USD3,109,467,000USD1,842,579,000USD2,931,820,000USD2,968,887,000USD
    Investments47,490,000USD1,408,321,000USD-1,363,181,000USD-57,186,000USD-40,624,000USD-3,558,895,000USD-214,179,000USD331,803,000USD
    Total Cashflows From Investing Activities-1,942,433,000USD1,408,321,000USD-1,363,181,000USD-626,564,000USD-552,764,000USD-3,978,398,000USD-1,076,707,000USD-236,506,000USD
    Net Borrowings390,423,000USD-1,873,742,000USD971,315,000USD-272,461,000USD-875,748,000USD2,279,585,000USD784,627,000USD-1,144,966,000USD
    Total Cash From Financing Activities-3,112,469,000USD-4,991,622,000USD-2,020,249,000USD-3,052,348,000USD-3,562,315,000USD1,993,940,000USD-2,576,086,000USD-4,482,264,000USD
    Dividends Paid-2,792,872,000USD-2,645,213,000USD-2,439,233,000USD-2,592,472,000USD-2,690,700,000USD-1,664,193,000USD-2,949,401,000USD-2,449,071,000USD
    Sale Purchase Of Stock-227,154,000USD-10,558,000USD-518,288,000USD-189,355,000USD-4,866,000USD-169,549,000USD-369,902,000USD-438,854,000USD
    Change In Cash-577,198,000USD231,354,000USD547,363,000USD87,692,000USD-477,677,000USD342,240,000USD155,038,000USD-967,974,000USD
    Begin Period Cash Flow1,400,345,000USD1,168,991,000USD621,628,000USD533,936,000USD1,011,613,000USD669,373,000USD514,335,000USD1,482,309,000USD
    End Period Cash Flow823,147,000USD1,400,345,000USD1,168,991,000USD621,628,000USD533,936,000USD1,011,613,000USD669,373,000USD514,335,000USD
    Other Cashflows From Investing Activities104,828,999USD390,323,000USD307,505,000USD23,460,000USD15,795,000USD64,616,000USD13,483,000USD656,423,000USD
    Other Cashflows From Financing Activities-482,866,000USD-462,109,000USD-34,043,000USD3,451,343,000USD8,871,939,000USD15,226,809,000USD-141,385,000USD-449,373,000USD
    Unclassified Operating Cash Flow-82,542,000USD-52,626,000USD——————
    Unclassified Investing Cash Flow-1,182,405,999USD365,261,000USD485,778,000USD57,186,000USD———-442,823,000USD
    Change To Inventory——11,802,000USD-63,350,000USD-265,351,999USD415,911,000USD157,000USD-216,135USD
    Issuance Of Capital Stock——0USD0USD338,121,000USD1,556,148,000USD——
    Change To Liabilities———190,103,000USD203,968,000USD19,080,000USD13,100,000USD84,307,000USD
    Cash And Cash Equivalents Changes———87,692,000USD-477,677,000USD342,240,000USD155,038,000USD-967,974,000USD
    Unclassified Financing Cash Flow———-3,449,403,000USD-8,862,940,000USD-13,678,712,000USD99,975,000USD—
    Exchange Rate Changes———————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    Beneficial Interest of Combined NOI

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,753,692,000USDDisclosure

    Beneficial Interest of Portfolio NOI

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,602,803,000USDDisclosure

    Beneficial NOI of Consolidated Entities

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,347,513,000USDDisclosure

    Beneficial NOI of Unconsolidated Entities

    Period endPeriodValueUnitSource
    2026-06-30quarterly309,636,000USDDisclosure

    Consolidated Properties

    Period endPeriodValueUnitSource
    2026-06-30instant166propertiesDisclosure

    Consolidated-Property Leasing Activity Square Feet

    Period endPeriodValueUnitSource
    2026-06-30year_to_date4,700,000square feetDisclosure

    Diluted FFO per Share

    Period endPeriodValueUnitSource
    2026-06-30quarterly3.12USD per shareDisclosure

    Equity-Method Properties

    Period endPeriodValueUnitSource
    2026-06-30instant88propertiesDisclosure

    Funds From Operations of the Operating Partnership

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,184,945,000USDDisclosure

    Global Properties

    Period endPeriodValueUnitSource
    2026-06-30instant254propertiesDisclosure

    International Development Committed Capital

    Period endPeriodValueUnitSource
    2026-06-30instant2,000,000USDDisclosure

    International Properties

    Period endPeriodValueUnitSource
    2026-06-30instant42propertiesDisclosure

    Japan Premium Outlets Average Base Minimum Rent per Square Foot

    Period endPeriodValueUnitSource
    2026-06-30instant5,607JPY per square footDisclosure

    Japan Premium Outlets Ending Occupancy

    Period endPeriodValueUnitSource
    2026-06-30instant99.8percentDisclosure

    Joint-Venture Properties Managed Day-to-Day

    Period endPeriodValueUnitSource
    2026-06-30instant51propertiesDisclosure

    Leasing Activity Square Feet

    Period endPeriodValueUnitSource
    2026-06-30year_to_date5,900,000square feetDisclosure

    NOI of Consolidated Entities

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,365,938,000USDDisclosure

    NOI of Unconsolidated Entities

    Period endPeriodValueUnitSource
    2026-06-30quarterly657,181,000USDDisclosure

    New Lease Average Annual Initial Base Minimum Rent per Square Foot

    Period endPeriodValueUnitSource
    2026-06-30year_to_date78.58USD per square footDisclosure

    New Lease Average Tenant Allowance per Square Foot

    Period endPeriodValueUnitSource
    2026-06-30year_to_date53.67USD per square footDisclosure

    New Leases Signed

    Period endPeriodValueUnitSource
    2026-06-30year_to_date544leasesDisclosure

    Portfolio NOI Growth

    Period endPeriodValueUnitSource
    2026-06-30quarterly8.3percentDisclosure

    Real Estate FFO

    Period endPeriodValueUnitSource
    2026-06-30quarterly1,248,564,000USDDisclosure

    Real Estate FFO per Share

    Period endPeriodValueUnitSource
    2026-06-30quarterly3.29USD per shareDisclosure

    Remaining Net Cash Funding for Projects Under Construction

    Period endPeriodValueUnitSource
    2026-06-30instant346,000,000USDDisclosure

    Renewal Leases Signed

    Period endPeriodValueUnitSource
    2026-06-30year_to_date934leasesDisclosure

    SPG Share of Cost of Projects Under Construction

    Period endPeriodValueUnitSource
    2026-06-30instant1,100,000,000USDDisclosure

    The Mills Average Base Minimum Rent per Square Foot

    Period endPeriodValueUnitSource
    2026-06-30instant42.28USD per square footDisclosure

    The Mills Ending Occupancy

    Period endPeriodValueUnitSource
    2026-06-30instant98.8percentDisclosure

    U.S. Income-Producing Properties

    Period endPeriodValueUnitSource
    2026-06-30instant212propertiesDisclosure

    U.S. Lifestyle Center Properties

    Period endPeriodValueUnitSource
    2026-06-30instant6propertiesDisclosure

    U.S. Mall Properties

    Period endPeriodValueUnitSource
    2026-06-30instant107propertiesDisclosure

    U.S. Malls and Premium Outlets Average Base Minimum Rent per Square Foot — Consolidated

    Period endPeriodValueUnitSource
    2026-06-30instant60.14USD per square footDisclosure

    U.S. Malls and Premium Outlets Average Base Minimum Rent per Square Foot — Total Portfolio

    Period endPeriodValueUnitSource
    2026-06-30instant62.42USD per square footDisclosure

    U.S. Malls and Premium Outlets Average Base Minimum Rent per Square Foot — Unconsolidated

    Period endPeriodValueUnitSource
    2026-06-30instant68.95USD per square footDisclosure

    U.S. Malls and Premium Outlets Ending Occupancy — Consolidated

    Period endPeriodValueUnitSource
    2026-06-30instant96percentDisclosure

    U.S. Malls and Premium Outlets Ending Occupancy — Total Portfolio

    Period endPeriodValueUnitSource
    2026-06-30instant96percentDisclosure

    U.S. Malls and Premium Outlets Ending Occupancy — Unconsolidated

    Period endPeriodValueUnitSource
    2026-06-30instant96percentDisclosure

    U.S. Mills Properties

    Period endPeriodValueUnitSource
    2026-06-30instant16propertiesDisclosure

    U.S. Other Retail Properties

    Period endPeriodValueUnitSource
    2026-06-30instant15propertiesDisclosure

    U.S. Premium Outlet Properties

    Period endPeriodValueUnitSource
    2026-06-30instant68propertiesDisclosure

    Revenue breakdown

    No revenue breakdown is currently published for this company.

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.