SPG Q2 2024 Earnings — Simon Property Group, Inc. Revenue & Financial Results | Market Cap Arena

SPGSimon Property Group, Inc.

$63B

Q2 2024 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$1.5B+6.5% YoY

Gross Profit

$1.2B84.4% margin

Operating Income

$754M51.7% margin

Net Income

$494M33.9% margin

EPS (Diluted)

$1.51

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$875M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$33.4B

Total Liabilities

$29.8B

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+6.5%
Gross Profit	$1.2B	$1.1B	+8.0%
Operating Income	$754M	$658M	+14.6%
Net Income	$494M	$487M	+1.5%