Simon Property Group, Inc. (SPG) Earnings History
Annual and quarterly earnings data from 1993 to 2025
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SPG EPS Growth (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.
SPG 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 May 7, 2026, Simon Property Group, Inc. (SPG) reported trailing twelve-month net income of $4.61B, reflecting +94.8% year-over-year growth. The company earned $14.16 per diluted share over the past four quarters, with a net profit margin of 72.5%.
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 industry-leading profitability with a gross margin of 85.7%, operating margin of 49.9%, and net margin of 72.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including MAC (-$197M net income, -19.4% margin), CBL ($136M net income, 23.5% margin), O ($800M net income, 18.4% margin), SPG has outperformed on profitability metrics. Compare SPG vs MAC →
SPG Earnings vs Peers
Earnings metrics vs comparable public companies
SPG Historical Earnings Data (1993–2025)
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 ComparisonSPG — Frequently Asked Questions
Quick answers to the most common questions about buying SPG stock.
Is SPG growing earnings?
SPG EPS is $14.16, with earnings growth accelerating to +94.8%. This exceeds the 5-year CAGR of +31.5%. TTM net income reached $4.6B.
What are SPG's profit margins?
Simon Property Group, Inc. net margin is +72.5%, with operating margin at +49.9%. Above-average margins indicate pricing power.
How consistent are SPG's earnings?
SPG earnings data spans 1993-2025. The accelerating earnings trend is +94.8% YoY. Historical data enables comparison across business cycles.