How does Simon Property Group (SPG) make money?

Simon Property Group (SPG) generates revenue primarily from Real Estate Segment, which accounted for 100% of total revenue in TTM through Q1 2026. The company reported $6.65B in revenue and converted 70.4% of it into net profit, equivalent to roughly $4.68B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Simon Property Group (SPG)?

Simon Property Group (SPG) reported a gross profit margin of 85.2% in TTM through Q1 2026, equivalent to $5.67B in gross profit on $6.65B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Simon Property Group (SPG)?

Simon Property Group (SPG) reported an operating profit margin of 48.3% in TTM through Q1 2026, equivalent to $3.21B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Simon Property Group (SPG)?

Simon Property Group (SPG) reported a net profit margin of 70.4% in TTM through Q1 2026, equivalent to $4.68B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Simon Property Group (SPG) profitable?

Yes. Simon Property Group (SPG) reported $4.68B in net income for TTM through Q1 2026, with a net profit margin of 70.4%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Simon Property Group (SPG) spend on capital expenditures?

Simon Property Group (SPG) spent $891M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 13.4% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Simon Property Group (SPG) generate?

Simon Property Group (SPG) generated $3.26B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 49.1%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Simon Property Group (SPG)?

Simon Property Group (SPG) had an effective tax rate of 0.4% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.