Stock · SPG · Real Estate

Simon Property Group Inc

United States · Large Cap · listed since 1993 · Revenue 12 mo. $6.9B

Price as of 11/06/2026

StockScorer score
3.6
of 10 4 of 11 points Not rated To the score
Price
$228.42
1 Y +16.8%
Market cap
$85.2B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue +6.3% a year (3 years)EBIT margin 49.9%Payout 86.2% of operating cash flow

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT).

moreless

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries. Simon Property Group, Inc. was incorporated in 1960 and is based in Indianapolis, Indiana.

Original text from the data provider

Summary

Simon Property Group Inc is above the middle of the Real Estate sector overall

60.4 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 12.2% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €2.9B (2025), it supports €31.9B. The remaining €44.5B of the market value assume it grows 12.2% a year for 10 years and not at all afterwards.

Required FCF growth per year

12.2%

no growth afterwards

Market value breakdown€76.4B market value, price as of 11/06/2026

€31.9B without growth
€44.5B priced-in growth
  • 5 yrs achieved 5.2%
  • 10 yrs achieved 3.0%
  • priced in 12.2%

Valuation against its own history

Price to operating cash flow 18.0×, above its usual range.

Middle half of 20 quarters: 10.1× to 14.6×, median 13.0×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 5 speak against it.

What supports it

with respect to the priced-in expectation

  • High, stable gross margin median 82.2%, range 5.0 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 12.2%, achieved at most 5.2%
  • High leverage debt to equity 5.60
  • EBIT margin falling for three quarters −3.3 pp over the last four reports
2 more
  • Dividend above free cash flow payout 103.6% of FCF
  • Profit well above operating result 1.40 times EBIT, last 12 months

Since the last quarter

Q1 → Q2 2026

A mixed quarter: 1 figure better, 1 worse.

  • FCF margin48.6% → 46.4%−2.2 ppworse
  • Return on equity96.3% → 103.9%+7.6 ppbetter

6 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, Net debt, Shares outstanding

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability68.5above the middleEarns more than the sector: Return on equity 88.61%, sector 7.47%.
MetricStockSector medianPosition in sector
Return on equity88.61%7.47%Rank 100
Return on capital (Greenblatt)10.24%30.55%Rank 26
EBIT margin49.89%45.85%Rank 57
FCF margin50.31%37.62%Rank 72
Gross margin85.72%55.39%Rank 88
Growth74.9above the middleGrows faster than the sector: Earnings growth, 5 years per year 31.47%, sector 4.17%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year6.72%6.62%Rank 52
Earnings growth, 3 years per year29.44%3.56%Rank 84
Earnings growth, 5 years per year31.47%4.17%Rank 87
Sustainable growth (ROE × retained earnings)14.68%2.49%Rank 76
Valuation32.2below the middleValued higher than the sector: EV/sales 17.84, sector 12.03.
MetricStockSector medianPosition in sector
Earnings yield6.20%5.58%Rank 54
FCF yield3.76%4.79%Rank 41
EV/saleslower is better17.8412.03Rank 12
EV/EBITlower is better35.7523.23Rank 22
Momentum88.9above the middleShare price doing better than the sector: Share price, 1 year 16.77%, sector −13.68%.
MetricStockSector medianPosition in sector
Share price, 1 year16.77%−13.68%Rank 94
Share price, 6 months13.50%−6.91%Rank 93
Share price, 3 months7.60%0.34%Rank 77
Distance from 52-week high−3.50%−18.73%Rank 91
Quality55.4around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better5.70%3.12%Rank 30
Change in share countlower is better−0.02%0.26%Rank 73
Dividend streak in years44Rank 63
Price reaction to results, market-adjusted−0.26%−0.47%Rank 56
Balance sheet & risk42.6around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio12.83%46.36%Rank 7
Net debt/EBITDAlower is better3.586.62Rank 82
Debt to equitylower is better5.600.92Rank 2
Volatility, 1 yearlower is better19.19%25.05%Rank 80

Ten years in figures

Revenue from $5.4B (2016) to $6.4B (2025), 1.8% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $BSharesNet debt, $B
20165.450.1%2.6313M22.4
20175.550.7%2.9312M23.2
20185.651.8%3.0310M22.8
20195.850.6%2.9308M24.0
20204.642.8%1.8309M26.2
20215.147.2%3.1329M25.3
20225.348.8%3.1328M24.8
20235.749.6%3.1327M25.3
20246.051.9%3.1326M23.4
20256.449.9%3.2326M28.4
3.6 / 10Not ratedStockScorer score4 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

Simon Property Group Inc mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 67%This stock · Growth: 50%This stock · Valuation: 0%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Simon Property Group Inc's score is built

This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Simon Property Group Inc. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

3 of 7 rules met

4 of 11 points

The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksapplies

Detail data

How does Simon Property Group Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)
  • StockScorer Score
  • Earnings Quality: Accrual Check (Sloan)
  • Moat Quality
  • Trending Value: Value + Momentum
  • Undervalued Stocks: Multi-Factor Check
  • Levermann Strategy (13 Criteria)
  • Altman Z-Score: Stress Test
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Magic Formula: Value + Quality

Simon Property Group Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Simon Property Group Inc.

MetricStockSector
P/E ratio16.116.4
P/B ratio14.31.0
Return on equity (ROE)88.6%7.5%
Equity ratio12.8%46.4%
Debt-to-equity (D/E)5.600.92
Dividend yield3.9%4.2%

Similar stocks in Real Estate

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
SPGSimon Property Group Incthis page
ORealty Income CorporationLow5.5
KIMKimco Realty CorporationLow2.7
URW.PAUnibail-Rodamco-Westfieldlocked
C38U.SICapitaLand Mall Trustlocked
REGRegency Centers Corporationlocked

Frequently asked questions about Simon Property Group Inc stock

How does Simon Property Group Inc stock (SPG) score in the StockScorer model?
Simon Property Group Inc stock reaches a StockScorer score of 3.6 out of 10, but is not rated (exclusion rule: Exclusion: financial and real estate stocks).
What is Simon Property Group Inc's P/E ratio?
Simon Property Group Inc's P/E ratio is 16.1. The Real Estate sector median is 16.4.
What sector is Simon Property Group Inc in?
Simon Property Group Inc is assigned to the Real Estate sector. Its rank within the sector is 60.4 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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