SPG Q4 2023 Earnings — Simon Property Group, Inc. Revenue & Financial Results | Market Cap Arena

SPGSimon Property Group, Inc.

$63B

Q4 2023 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$1.5B+9.1% YoY

Gross Profit

$1.3B83.3% margin

Operating Income

$792M51.9% margin

Net Income

$748M49.0% margin

EPS (Diluted)

$2.30

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$858M

Stock-Based Comp.

-$4M

Balance Sheet

Total Assets

$34.3B

Total Liabilities

$30.6B

Stockholders' Equity

$3.0B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+9.1%
Gross Profit	$1.3B	$1.1B	+12.2%
Operating Income	$792M	$684M	+15.8%
Net Income	$748M	$675M	+10.9%