Last 47 quarters of trend data · Real Estate · REIT - Retail
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Simon Property Group, Inc.'s quarterly P/E stands at 4.9x, down 76.5% year-over-year — suggesting improving earnings relative to price.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 14.53 | 4.95 | 25.78 | 23.64 | 32.69 | 21.10 | 28.94 | 25.13 | 17.39 | 15.52 | 14.60 | 19.51 | 20.28 |
| — | -76.5% | -10.9% | -5.9% | +88.0% | +36.0% | +98.2% | +28.8% | -14.3% | +7.8% | +7.4% | +24.1% | -19.8% | |
| P/S Ratio | 10.50 | 8.42 | 9.58 | 8.77 | 9.20 | 8.88 | 9.31 | 8.48 | 8.84 | 7.61 | 6.26 | 6.90 | 6.78 |
| — | -5.1% | +3.0% | +3.4% | +4.1% | +16.7% | +48.6% | +23.0% | +30.5% | +10.9% | +12.2% | +13.3% | -18.8% | |
| P/B Ratio | 9.99 | 9.00 | 20.64 | 17.01 | 16.59 | 15.61 | 16.59 | 13.80 | 13.56 | 12.61 | 9.78 | 10.71 | 9.96 |
| — | -42.3% | +24.4% | +23.3% | +22.3% | +23.8% | +69.6% | +28.8% | +36.2% | +25.5% | +34.4% | +40.8% | -1.2% | |
| P/FCF | — | — | 22.41 | 13.54 | 22.69 | 16.19 | 19.51 | 14.14 | 20.90 | 13.54 | 12.48 | 10.40 | 13.81 |
| — | — | +14.9% | -4.3% | +8.6% | +19.6% | +56.4% | +36.0% | +51.3% | +5.4% | +33.5% | +26.3% | -18.6% | |
| EV / EBITDA | 20.60 | 17.06 | 18.71 | 17.38 | 18.02 | 16.63 | 17.77 | 17.04 | 17.88 | 15.88 | 14.59 | 15.65 | 15.61 |
| — | +2.6% | +5.2% | +2.0% | +0.8% | +4.7% | +21.8% | +8.8% | +14.5% | +2.5% | +4.9% | +5.3% | -13.8% | |
| EV / EBIT | 30.22 | 5.61 | 30.55 | 21.19 | 28.00 | 20.57 | 25.43 | 23.27 | 16.93 | 15.95 | 16.02 | 19.85 | 21.81 |
| — | -72.7% | +20.1% | -8.9% | +65.4% | +28.9% | +58.7% | +17.2% | -22.4% | +3.5% | -2.8% | +10.7% | -14.3% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Simon Property Group, Inc.'s operating margin was 49.7% in Q4 2025, down 1.0 pp QoQ and down 3.1 pp YoY. Gross margin expanded 10.3% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.7% | 91.4% | 83.4% | 85.7% | 81.4% | 82.8% | 82.6% | 84.4% | 81.9% | 83.3% | 80.5% | 83.2% | 81.9% |
| — | +10.3% | +1.1% | +1.5% | -0.7% | -0.5% | +2.5% | +1.4% | +0.1% | +2.8% | -0.3% | +2.8% | +0.2% | |
| Operating Margin | 49.9% | 49.7% | 50.8% | 49.7% | 49.4% | 52.8% | 51.9% | 51.7% | 51.0% | 51.9% | 49.2% | 48.0% | 49.1% |
| — | -5.9% | -2.1% | -4.0% | -3.1% | +1.9% | +5.4% | +7.6% | +3.9% | +6.1% | -0.7% | -1.9% | +2.5% | |
| Net Margin | 72.5% | 170.2% | 37.1% | 37.2% | 28.1% | 42.2% | 32.1% | 33.9% | 50.8% | 49.0% | 42.2% | 35.6% | 33.5% |
| — | +303.1% | +15.4% | +9.7% | -44.6% | -13.8% | -23.8% | -4.7% | +51.5% | +1.7% | +2.8% | -8.5% | +1.6% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 89.6% | 63.0% | 19.6% | 17.5% | 12.1% | 19.3% | 13.8% | 13.5% | 19.7% | 20.5% | 16.7% | 13.5% | 12.1% |
| — | +226.4% | +42.2% | +30.2% | -38.6% | -5.8% | -17.3% | -0.5% | +62.9% | +19.4% | +25.5% | +14.0% | +22.7% | |
| ROA | 12.6% | 8.2% | 1.8% | 1.7% | 1.3% | 2.0% | 1.4% | 1.5% | 2.2% | 2.2% | 1.8% | 1.5% | 1.4% |
| — | +304.0% | +24.4% | +14.9% | -40.7% | -8.6% | -21.0% | +0.0% | +57.8% | +8.5% | +10.4% | -1.5% | +7.4% | |
| ROIC | 7.6% | 2.1% | 2.2% | 2.0% | 2.0% | 2.3% | 2.1% | 2.0% | 1.9% | 2.1% | 1.8% | 1.7% | 1.7% |
| — | -9.3% | +5.4% | +1.9% | +5.3% | +11.8% | +12.9% | +14.7% | +10.3% | +15.7% | +8.5% | +8.0% | +10.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Simon Property Group, Inc.'s Debt/EBITDA ratio is 22.8x — elevated, raising questions about debt serviceability.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.47 | 4.47 | 8.85 | 8.38 | 7.73 | 6.89 | 7.81 | 7.20 | 6.92 | 7.19 | 7.03 | 7.22 | 7.09 |
| — | -35.1% | +13.3% | +16.5% | +11.7% | -4.2% | +11.0% | -0.4% | -2.3% | +8.0% | +12.9% | +16.6% | +18.5% | |
| Debt / EBITDA | 6.43 | 22.83 | 22.86 | 23.31 | 23.33 | 20.72 | 23.38 | 23.75 | 24.57 | 23.45 | 24.73 | 25.56 | 26.46 |
| — | +10.2% | -2.2% | -1.9% | -5.1% | -11.6% | -5.5% | -7.1% | -7.1% | -6.0% | -4.7% | -5.2% | -2.7% | |
| Current Ratio | — | — | 0.70 | 0.59 | 0.67 | 0.83 | 0.96 | 0.99 | 1.03 | 1.04 | 0.45 | 0.48 | 0.63 |
| — | — | -27.7% | -40.0% | -34.7% | -19.8% | +114.1% | +107.3% | +62.4% | +57.3% | -19.2% | -15.0% | +11.5% | |
| Quick Ratio | — | — | 0.70 | 0.59 | 0.67 | 0.83 | 0.96 | 0.99 | 1.03 | 1.04 | 0.45 | 0.48 | 0.63 |
| — | — | -27.7% | -40.0% | -34.7% | -19.8% | +114.1% | +107.3% | +62.4% | +57.3% | -19.2% | -15.0% | +11.5% | |
| Interest Coverage | 3.26 | 3.27 | 3.35 | 3.20 | 3.21 | 3.67 | 3.39 | 3.41 | 3.19 | 3.52 | 3.27 | 3.02 | 3.32 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying SPG stock.
Simon Property Group, Inc.'s current P/E is 14.5x. The average P/E over the last 4 quarters is 21.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Simon Property Group, Inc.'s current operating margin is 49.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Simon Property Group, Inc.'s business trajectory between earnings reports.