SPG Q1 2023 Earnings — Simon Property Group, Inc. Revenue & Financial Results | Market Cap Arena

SPGSimon Property Group, Inc.

$63B

Q1 2023 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$1.4B+4.2% YoY

Gross Profit

$1.1B81.9% margin

Operating Income

$663M49.1% margin

Net Income

$453M33.5% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$829M

Free Cash Flow

$663M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$33.3B

Total Liabilities

$29.6B

Stockholders' Equity

$3.0B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+4.2%
Gross Profit	$1.1B	$1.1B	+4.5%
Operating Income	$663M	$620M	+6.8%
Net Income	$453M	$427M	+5.9%