SIMON PROPERTY GROUP INC. SPG

NYSE · reit · Real Estate Investment Trusts · website · IPO 1993-12-14 · LEI

SIMON PROPERTY GROUP INC. statistics & valuation

Market cap$73.8B

P / S11.6×

P / B11.4×

Net debt$27.6B

Net debt / EBITDA6×

Enterprise value USD$101.4B

EV / EBITDA22×

Earnings yield EBIT/EV3.1%

Graham number -64.1%$79.51

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($79.51); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)

Operating margin (%)

Return on equity (%)

Shares outstanding

Net debt ($)

Share buybacks ($)

Return on assets (%)

Free cash flow margin (%)

Debt / equity (×)

EPS ($)

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

SIMON PROPERTY GROUP INC. trades at about 15.6× earnings — below its 10-year norm (10-year range 13.5×–36.7×, median 23.9×).

13.5× 36.7×

Shaded band = 10-year range (13.5×–36.7×); dot = today's 15.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

Ratio	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Operating margin	49.9%	51.9%	49.6%	48.8%	47.2%	42.8%	50.6%	51.8%	50.7%	50.1%
Debt / equity	4.39×	7.11×	7.46×	6.91×	6.57×	7.70×	8.30×	6.14×	5.81×	4.63×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.