Net Income for Simon Property Group (SPG)
According to Simon Property Group's latest reported financial statements, the company's current net income (TTM) is $4.61B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$4.61B
YoY change
+94.7%
5Y CAGR
+32.9%
Peak year (2025)
$4.61B
Cumulative net income
$35.69B
Net Income history chart for Simon Property Group (SPG) from 1993 to 2025
Net Income history table for Simon Property Group (SPG) from 1993 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $4.61B | +94.7% | ||
| 2024 | $2.37B | +3.8% | ||
| 2023 | $2.28B | +6.7% | ||
| 2022 | $2.14B | -4.9% | ||
| 2021 | $2.25B | +102.2% | ||
| 2020 | $1.11B | -47.1% | ||
| 2019 | $2.10B | -13.9% | ||
| 2018 | $2.44B | +25.3% | ||
| 2017 | $1.95B | +5.9% | ||
| 2016 | $1.84B | +0.6% | ||
| 2015 | $1.83B | +29.8% | ||
| 2014 | $1.41B | +6.7% | ||
| 2013 | $1.32B | -8.0% | ||
| 2012 | $1.43B | +40.0% | ||
| 2011 | $1.02B | +66.1% | ||
| 2010 | $617.04M | +99.4% | ||
| 2009 | $309.41M | -33.3% | ||
| 2008 | $463.64M | -5.6% | ||
| 2007 | $491.24M | -12.9% | ||
| 2006 | $563.84M | +18.5% | ||
| 2005 | $475.75M | +58.2% | ||
| 2004 | $300.65M | -4.1% | ||
| 2003 | $313.58M | -44.2% | ||
| 2002 | $561.65M | +182.0% | ||
| 2001 | $199.15M | -40.5% | ||
| 2000 | $334.46M | +12.7% | ||
| 1999 | $296.80M | +77.4% | ||
| 1998 | $167.30M | +21.9% | ||
| 1997 | $137.24M | +4.6% | ||
| 1996 | $131.20M | -4.4% | ||
| 1995 | $137.20M | +204.2% | ||
| 1994 | $45.10M | +36.3% | ||
| 1993 | $33.10M | — |
Net Income values are taken from Simon Property Group's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Simon Property Group (SPG) reported net income of $4.61B – surged 94.7% year-over-year.
Simon Property Group net income compound annual growth for the 2020–2025 (5 years) window is +32.9%, sustaining 3 straight years of year-over-year growth.
2025 marks the peak net income at $4.61B, with the historical low of $33.10M recorded in 1993.
Simon Property Group (SPG) sits 1st of 8 Real Estate peers we track on this metric, against a peer median of $1.33B.
Simon Property Group Net Income by Year
Simon Property Group Net Income 2025: $4.61B
Simon Property Group net income in 2025 was $4.61B, surged 94.7% from 2024. This figure represents the highest annual value in the available history.
Simon Property Group Net Income 2024: $2.37B
Simon Property Group net income in 2024 was $2.37B, edged up 3.8% from 2023.
Simon Property Group Net Income 2023: $2.28B
Simon Property Group net income in 2023 was $2.28B, grew 6.7% from 2022.
Simon Property Group Net Income 2022: $2.14B
Simon Property Group net income in 2022 was $2.14B, edged down 4.9% below 2021.
Simon Property Group Net Income 2021: $2.25B
Simon Property Group net income in 2021 was $2.25B.
See more financial history for Simon Property Group (SPG).
Sector peers — Net Income
Companies in the same sector as Simon Property Group, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $3.41B | Real Estate |
| American Tower Corporation (AMT) | $2.53B | Real Estate |
| Public Storage (PSA) | $1.78B | Real Estate |
| Equinix, Inc. (EQIX) | $1.35B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $1.31B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.16B | Real Estate |
| Realty Income Corporation (O) | $1.06B | Real Estate |
| Welltower Inc. (WELL) | $936.85M | Real Estate |
Frequently asked questions
What is Simon Property Group's net income?
- Latest reported net income for Simon Property Group (SPG) is $4.61B (period ending December 31, 2025).
How has Simon Property Group net income changed year-over-year?
- Simon Property Group (SPG) net income changed +94.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Simon Property Group net income?
- Simon Property Group (SPG) net income compound annual growth rate is +32.9% over the most recent 5 years available.
When did Simon Property Group net income hit its highest annual value?
- Simon Property Group net income reached its highest annual value of $4.61B in 2025.
What was Simon Property Group net income in 2024?
- Simon Property Group (SPG) net income in 2024 was $2.37B.
What was Simon Property Group net income in 2025?
- Simon Property Group (SPG) net income in 2025 was $4.61B.
Metrics overview
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