SPG Q2 2023 Earnings — Simon Property Group, Inc. Revenue & Financial Results | Market Cap Arena

SPGSimon Property Group, Inc.

$63B

Q2 2023 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$1.4B+7.0% YoY

Gross Profit

$1.1B83.2% margin

Operating Income

$658M48.0% margin

Net Income

$487M35.6% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$908M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$32.8B

Total Liabilities

$29.3B

Stockholders' Equity

$2.9B

Cash & Equivalents

$837M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+7.0%
Gross Profit	$1.1B	$1.0B	+10.1%
Operating Income	$658M	$627M	+5.0%
Net Income	$487M	$498M	-2.1%