SPG Q1 2024 Earnings — Simon Property Group, Inc. Revenue & Financial Results | Market Cap Arena

SPGSimon Property Group, Inc.

$63B

Q1 2024 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$1.4B+6.8% YoY

Gross Profit

$1.2B81.9% margin

Operating Income

$735M51.0% margin

Net Income

$733M50.8% margin

EPS (Diluted)

$2.25

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

$773M

Free Cash Flow

$610M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$33.7B

Total Liabilities

$29.9B

Stockholders' Equity

$3.1B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	+6.8%
Gross Profit	$1.2B	$1.1B	+6.9%
Operating Income	$735M	$663M	+10.9%
Net Income	$733M	$453M	+61.8%