Simon Property Group, Inc. (SPG) Earnings History
Annual and quarterly earnings data from 1993 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 85.7% | 49.9% | 72.5% |
| 2024 | 82.5% | 51.9% | 39.8% |
| 2023 | 81.8% | 49.6% | 40.3% |
| 2022 | 81.1% | 48.8% | 40.4% |
| 2021 | 81.0% | 47.2% | 44.0% |
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Simon Property Group, Inc. (SPG) Earnings Overview
As of March 1, 2026, Simon Property Group, Inc. (SPG) reported trailing twelve-month net income of $4.61B, reflecting +0.9% year-over-year growth. The company earned $14.16 per diluted share over the past four quarters, with a net profit margin of 0.7%.
Looking at the long-term picture, SPG's 5-year EPS compound annual growth rate (CAGR) stands at +31.5%, indicating exceptional earnings growth. The company achieved its highest annual net income of $4.61B in fiscal 2025, representing a new all-time high.
Simon Property Group, Inc. maintains positive profitability with a gross margin of 0.9%, operating margin of 0.5%, and net margin of 0.7%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including MAC (-$197M net income, -0.2% margin), SKT ($108M net income, 0.2% margin), CBL ($135M net income, 0.2% margin), SPG has outperformed on profitability metrics. Compare SPG vs MAC →
Peer Comparison
Earnings metrics vs industry competitors
| Company | TTM Net Income | TTM EPS | Net Margin | ROE | YoY Growth | Compare |
|---|---|---|---|---|---|---|
SPGCurrent | $4.6B | $14.16 | 0.7% | 0.9% | +0.9% | — |
MAC | -$197M | $-0.77 | -0.2% | - | +0.0% | |
SKT | $108M | $0.94 | 0.2% | 0.2% | -0.0% | |
CBL | $135M | $4.34 | 0.2% | 0.4% | +1.3% |
Historical Data
33 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.61B | +94.7% | $3.18B | $14.14 | 72.5% | 49.9% |
| 2024 | $2.37B | +3.8% | $3.09B | $7.26 | 39.8% | 51.9% |
| 2023 | $2.28B | +6.7% | $2.81B | $6.98 | 40.3% | 49.6% |
| 2022 | $2.14B | -4.9% | $2.58B | $6.52 | 40.4% | 48.8% |
| 2021 | $2.25B | +102.2% | $2.41B | $6.84 | 44.0% | 47.2% |
| 2020 | $1.11B | -47.1% | $1.97B | $3.59 | 24.1% | 42.8% |
| 2019 | $2.10B | -13.9% | $2.91B | $6.79 | 36.5% | 50.6% |
| 2018 | $2.44B | +25.3% | $2.93B | $7.88 | 43.2% | 51.8% |
| 2017 | $1.95B | +5.9% | $2.80B | $6.24 | 35.2% | 50.7% |
| 2016 | $1.84B | +0.6% | $2.72B | $5.87 | 33.8% | 50.1% |
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Start ComparisonFrequently Asked Questions
Is SPG growing earnings?
SPG EPS of $14.16 reflects slowing growth at +0.9%, below the 5-year CAGR of +31.5%. TTM net income is $4.6B. Expansion rate has moderated.
What are SPG's profit margins?
Simon Property Group, Inc. net margin is +0.7%, with operating margin at +0.5%. Below-average margins reflect competitive or cost pressures.
How consistent are SPG's earnings?
SPG earnings data spans 1993-2025. The current earnings trend is +0.9% YoY. Historical data enables comparison across business cycles.