SIMON PROPERTY GROUP INC.

SPG 10-K · FY 2025

SPG FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Operating Lease Lease Income 5,839,160 5,389,760 +8.3%
Show Business Segments breakouts
Real estate segment · Operating Segments 5,854,900 5,402,306 +8.4%
Show Legal Entity breakouts
Simon Property Group, L.P. 5,839,160 5,389,760 +8.3%
Show Consolidation Items breakouts
All other & eliminations, net -15,740 -12,546 -25.5%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 3,189,131 3,060,755 +4.2%
Management Fees And Other Revenues 144,426 133,250 +8.4%
Show Legal Entity breakouts
Simon Property Group, L.P. 144,426 133,250 +8.4%
Show Consolidation Items breakouts
All other & eliminations, net 144,426 133,250 +8.4%
Other Income 380,919 440,788 -13.6%
Show Business Segments breakouts
Real estate segment · Operating Segments 161,725 140,009 +15.5%
Show Legal Entity breakouts
Simon Property Group, L.P. 380,919 440,788 -13.6%
Show Consolidation Items breakouts
All other & eliminations, net 219,194 300,779 -27.1%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 440,052 385,004 +14.3%
Revenue 6,364,505 5,963,798 +6.7%
Show Business Segments breakouts
Real estate segment · Operating Segments 6,016,625 5,542,315 +8.6%
Show Geography breakouts
Europe · Klepierre 1,540,407 1,421,595 +8.4%
Show Legal Entity breakouts
Simon Property Group, L.P. 6,364,505 5,963,798 +6.7%
Show Consolidation Items breakouts
All other & eliminations, net 347,880 421,483 -17.5%
Show Counterparty Name breakouts
Catalyst · Lease Income 84.5 105.9 -20.2%
MSA · Amounts for services provided 0.8 0.6 +33.3%
Properties owned by related parties · Amounts for services provided 4.7 3.9 +20.5%
Unconsolidated Joint Ventures · Amounts for services provided 138.9 128.6 +8.0%
Unconsolidated Joint Ventures · Development, royalty and other fees 14.9 13.9 +7.2%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 3,629,183 3,445,759 +5.3%
Other Platform Investments 12,461,291 12,627,806 -1.3%
Direct Costs Of Leased And Rented Property Or Equipment 580,975 529,753 +9.7%
Show Business Segments breakouts
Real estate segment · Operating Segments 765,610 658,425 +16.3%
Show Legal Entity breakouts
Simon Property Group, L.P. 580,975 529,753 +9.7%
Show Consolidation Items breakouts
All other & eliminations, net -184,635 -128,672 -43.5%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 687,216 660,004 +4.1%
Depreciation And Amortization 1,426,423 1,265,340 +12.7%
Show Legal Entity breakouts
Simon Property Group, L.P. 1,426,423 1,265,340 +12.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 653,488 636,218 +2.7%
Real Estate Tax Expense 451,128 408,641 +10.4%
Show Business Segments breakouts
Real estate segment · Operating Segments 456,455 409,124 +11.6%
Show Legal Entity breakouts
Simon Property Group, L.P. 451,128 408,641 +10.4%
Show Consolidation Items breakouts
All other & eliminations, net -5,327 -483 -1002.9%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 231,945 231,843 0.0%
Cost Of Property Repairs And Maintenance 119,915 105,020 +14.2%
Show Business Segments breakouts
Real estate segment · Operating Segments 117,685 103,030 +14.2%
Show Legal Entity breakouts
Simon Property Group, L.P. 119,915 105,020 +14.2%
Show Consolidation Items breakouts
All other & eliminations, net 2,230 1,990 +12.1%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 88,091 74,172 +18.8%
Marketing And Advertising Expense 155,826 144,551 +7.8%
Show Business Segments breakouts
Real estate segment · Operating Segments 159,702 147,891 +8.0%
Show Legal Entity breakouts
Simon Property Group, L.P. 155,826 144,551 +7.8%
Show Consolidation Items breakouts
All other & eliminations, net -3,876 -3,340 -16.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 96,718 88,693 +9.0%
Home And Regional Office Costs 251,748 223,277 +12.8%
Show Legal Entity breakouts
Simon Property Group, L.P. 251,748 223,277 +12.8%
General & Administrative 60,888 44,743 +36.1%
Show Legal Entity breakouts
Simon Property Group, L.P. 60,888 44,743 +36.1%
Other Cost And Expense Operating 142,206 149,677 -5.0%
Show Legal Entity breakouts
Simon Property Group, L.P. 142,206 149,677 -5.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 257,799 299,645 -14.0%
Total Costs & Expenses 3,189,109 2,871,002 +11.1%
Show Legal Entity breakouts
Simon Property Group, L.P. 3,189,109 2,871,002 +11.1%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 2,015,257 1,990,575 +1.2%
Operating Income 3,175,396 3,092,796 +2.7%
Show Geography breakouts
Europe · Klepierre 756,757 659,553 +14.7%
Show Legal Entity breakouts
Simon Property Group, L.P. 3,175,396 3,092,796 +2.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 1,613,926 1,455,184 +10.9%
Other Platform Investments 262,844 10,438 +2418.1%
Interest Expense -974,835 -905,797 -7.6%
Show Equity Components breakouts
Accumulated Gain Loss Cash Flow Hedge Including Noncontrolling Interest · Reclassification Out Of Accumulated Other Comprehensive Income 6,195 5,623 +10.2%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Simon Property Group, L.P. 6,195 5,623 +10.2%
Show Legal Entity breakouts
Simon Property Group, L.P. -974,835 -905,797 -7.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties -719,938 -711,402 -1.2%
Gain Loss On Disposal Exchange Or Evaluation Of Equity Interests -86,119 451,172 -119.1%
Show Legal Entity breakouts
Simon Property Group, L.P. -86,119 451,172 -119.1%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Catalyst 9.4
Income Tax Expense Benefit And Other -35,788 -23,262 -53.8%
Show Legal Entity breakouts
Simon Property Group, L.P. -35,788 -23,262 -53.8%
Income Loss From Equity Method Investments 504,088 207,322 +143.1%
Show Legal Entity breakouts
Simon Property Group, L.P. 504,088 207,322 +143.1%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 358,633 342,997 +4.6%
Equity Securities Fv Ni Unrealized Gain Loss (FY)
Show Legal Entity breakouts
Simon Property Group, L.P. -106,082 -17,392 -509.9%
Unrealized Gains Losses In F V Equity Instruments And Derivative Instruments -106,082 -17,392 -509.9%
Acquisition Of Controlling Interest Sale Or Disposal Of Or Recovery On Assets And Interests In Unconsolidated Entities Gain Or Loss And Impairment Net 2,887,460 -75,818 +3908.4%
Show Equity Components breakouts
Accumulated Foreign Currency Adjustment Including Portion Attributable To Noncontrolling Interest · Reclassification Out Of Accumulated Other Comprehensive Income -15,847
Accumulated Foreign Currency Adjustment Including Portion Attributable To Noncontrolling Interest · Simon Property Group, L.P. -15,847
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Simon Property Group, L.P. 2,887,460 -75,818 +3908.4%
Net Income 5,364,120 2,729,021 +96.6%
Show Geography breakouts
Europe · Klepierre 478,896 441,371 +8.5%
Show Legal Entity breakouts
Simon Property Group, L.P. 5,364,120 2,729,021 +96.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 917,853 707,246 +29.8%
Other Platform Investments 90,383 -201,170 +144.9%
Net Income Loss Attributable To Noncontrolling Interest 736,508 358,125 +105.7%
Show Equity Components breakouts
Accumulated Foreign Currency Adjustment Attributable To Noncontrolling Interest · Reclassification Out Of Accumulated Other Comprehensive Income -2,317
Accumulated Gain Loss Net Cash Flow Hedge Noncontrolling Interest · Reclassification Out Of Accumulated Other Comprehensive Income 906 757 +19.7%
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Simon Property Group, L.P. 4,815 -1,641 +393.4%
Preferred Stock Dividends And Other Adjustments 3,337 3,337 0.0%
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Simon Property Group, L.P. 4,503 4,897 -8.0%
Net Income Loss Available To Common Stockholders Basic 4,624,275,000 2,367,559,000 +95.3%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 5,289 4,866 +8.7%
Accumulated Translation Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -13,530
Show Legal Entity breakouts
Simon Property Group, L.P. 5,354,802,000 2,725,765,000 +96.5%
Net Income Loss Allocated To General Partners (FY)
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Simon Property Group, L.P. 4,624,275 2,367,559 +95.3%
Net Income Loss Allocated To Limited Partners (FY)
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Simon Property Group, L.P. 730,527 358,206 +103.9%
EPS (Basic) 14.17 7.26 +95.2%
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Simon Property Group, L.P. 14.17 7.26 +95.2%
EPS (Diluted) 14.17 7.26 +95.2%
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Simon Property Group, L.P. 14.17 7.26 +95.2%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -31,402 16,491 -290.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -27,586 14,039 -296.5%
Noncontrolling Interest -3,816 2,452 -255.6%
Show Legal Entity breakouts
Simon Property Group, L.P. -31,402 16,491 -290.4%
Simon Property Group, L.P. · General Partner -27,586 14,039 -296.5%
Simon Property Group, L.P. · Limited Partner -3,816 2,452 -255.6%
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax 9,652 -5,623 +271.7%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 8,241 -4,866 +269.4%
Noncontrolling Interest 1,411 -757 +286.4%
Show Legal Entity breakouts
Simon Property Group, L.P. 9,652 -5,623 +271.7%
Simon Property Group, L.P. · General Partner 8,241 -4,866 +269.4%
Simon Property Group, L.P. · Limited Partner 1,411 -757 +286.4%
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax -52,683 -34,282 -53.7%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -41,635 -28,613 -45.5%
Noncontrolling Interest -11,048 -5,669 -94.9%
Show Legal Entity breakouts
Simon Property Group, L.P. -52,683 -34,282 -53.7%
Simon Property Group, L.P. · General Partner -41,635 -28,613 -45.5%
Simon Property Group, L.P. · Limited Partner -11,048 -5,669 -94.9%
Changes In Available For Sale Securities And Other 3,086 -923 +434.3%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 2,645 -799 +431.0%
Noncontrolling Interest 441 -124 +455.6%
Show Legal Entity breakouts
Simon Property Group, L.P. 3,086 -923 +434.3%
Simon Property Group, L.P. · General Partner 2,645 -799 +431.0%
Simon Property Group, L.P. · Limited Partner 441 -124 +455.6%
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest 5,292,773 2,704,684 +95.7%
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Simon Property Group, L.P. 5,292,773 2,704,684 +95.7%
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest 723,495 354,028 +104.4%
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Simon Property Group, L.P. 6,002 1,543 +289.0%
Comprehensive Income 4,569,278 2,350,656 +94.4%
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Simon Property Group, L.P. 5,286,771 2,703,141 +95.6%
Income Tax Expense (Benefit) 20,279 9,308 +117.9%
Wtd Avg Shares (Basic) 326,366,632 326,097,137 +0.1%
Show Legal Entity breakouts
Simon Property Group, L.P. 377,924,881 375,434,534 +0.7%
Wtd Avg Shares (Diluted) 326,366,632 326,097,137 +0.1%
Show Legal Entity breakouts
Simon Property Group, L.P. 377,924,881 375,434,534 +0.7%
Interest Expense 974,835 905,797 +7.6%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 823,147 1,400,345 -41.2%
Show Legal Entity breakouts
Simon Property Group, L.P. 823,147 1,400,345 -41.2%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 1,264,619 1,270,594 -0.5%
Non-Current Assets
Operating Lease Right-of-Use Assets 755,934 519,607 +45.5%
Show Legal Entity breakouts
Simon Property Group, L.P. 755,934 519,607 +45.5%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 108,349 113,014 -4.1%
Total Assets 40,606,466 32,405,691 +25.3%
Show Geography breakouts
Europe · Klepierre 17,379,529 15,114,097 +15.0%
Show Legal Entity breakouts
Simon Property Group, L.P. 40,606,466 32,405,691 +25.3%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 15,608,818 12,379,396 +26.1%
Other Platform Investments 8,030,819 7,362,494 +9.1%
Goodwill 20,098 20,098 0.0%
Intangible Assets (Q)
Show Finite Lived Intangible Assets By Major Class breakouts
Above Market Leases 503 1,879 -73.2%
Leases Acquired In Place 48,730 867 +5520.5%
Other Assets
Real Estate Investment Property At Cost 50,946,067 40,242,392 +26.6%
Show Legal Entity breakouts
Simon Property Group, L.P. 50,946,067 40,242,392 +26.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 22,077,749 18,875,241 +17.0%
Real Estate Investment Property Accumulated Depreciation 20,701,510 19,047,078 +8.7%
Show Legal Entity breakouts
Simon Property Group, L.P. 20,701,510 19,047,078 +8.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 9,020,481 8,944,188 +0.9%
Real Estate Investment Property Net 30,244,557 21,195,314 +42.7%
Show Legal Entity breakouts
Simon Property Group, L.P. 30,244,557 21,195,314 +42.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 13,057,268 9,931,053 +31.5%
Accounts And Notes Receivable Net 934,077 796,513 +17.3%
Show Legal Entity breakouts
Simon Property Group, L.P. 934,077 796,513 +17.3%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 605,756 533,676 +13.5%
Equity Method Investments (Q)
Show Geography breakouts
JP · Premium Outlets 245 221.5 +10.6%
KR · Premium Outlets 216.8 209.1 +3.7%
Show Legal Entity breakouts
Simon Property Group, L.P. · Klepierre 1,505,377 1,384,267 +8.7%
Simon Property Group, L.P. · Other unconsolidated entities 4,362,339 2,670,739 +63.3%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 1,525,619 -103,756 +1570.4%
Klepierre 1,505,377 1,384,267 +8.7%
Other unconsolidated entities 4,362,339 2,670,739 +63.3%
Deferred Costs And Other Assets 1,981,035 1,369,609 +44.6%
Show Legal Entity breakouts
Simon Property Group, L.P. 1,981,035 1,369,609 +44.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 572,826 531,059 +7.9%
Non-Current Liabilities
Long-Term Debt 28,430,175 24,264,495 +17.2%
Show Geography breakouts
Europe · Exchangeable Debt 734.6
Show Debt Instrument breakouts
Corporate Debt Securities · Simon Property Group, L.P. 19.1
Eighty three non-recourse mortgage · Disposal Group Disposed Of By Means Other Than Sale Not Discontinued Operations 84.3
Mortgages · Secured Debt 8.2 5 +64.0%
Unsecured Term Loan · Simon Property Group, L.P. 350
Show Legal Entity breakouts
Simon Property Group, L.P. 28,430,175 24,264,495 +17.2%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 16,374,773 13,666,090 +19.8%
Dividends Payable Current And Noncurrent 2,723 2,410 +13.0%
Show Legal Entity breakouts
Simon Property Group, L.P. 2,723 2,410 +13.0%
Total Liabilities 33,901,073 28,806,239 +17.7%
Show Geography breakouts
Europe · Klepierre 11,595,140 9,843,187 +17.8%
Show Legal Entity breakouts
Simon Property Group, L.P. 33,901,073 28,806,239 +17.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 17,926,711 15,170,713 +18.2%
Other Platform Investments 6,336,013 7,093,528 -10.7%
Other Liabilities
Accounts Payable Accrued Expenses Intangibles And Deferred Revenues 1,954,402 1,712,465 +14.1%
Show Legal Entity breakouts
Simon Property Group, L.P. 1,954,402 1,712,465 +14.1%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 1,117,855 1,037,015 +7.8%
Cash Distributions And Losses In Partnerships And Joint Ventures At Equity 1,739,418 1,680,431 +3.5%
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Simon Property Group, L.P. 1,739,418 1,680,431 +3.5%
Operating Lease Liability 756,539 520,283 +45.4%
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Simon Property Group, L.P. 756,539 520,283 +45.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 99,837 104,120 -4.1%
Other Liabilities 1,017,816 626,155 +62.6%
Show Legal Entity breakouts
Simon Property Group, L.P. 1,017,816 626,155 +62.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 334,246 363,488 -8.0%
Stockholders' Equity
Preferred Stock Value 40,451 40,778 -0.8%
Common Stock Value Outstanding (Q)
Show Statement Class Of Stock breakouts
Common Class A 33 33 0.0%
Additional Paid-In Capital 12,347,192 11,583,051 +6.6%
Retained Earnings -4,608,136 -6,382,515 +27.8%
Accumulated Other Comprehensive Income -251,361 -193,026 -30.2%
Treasury Stock Common Value -2,319,911 -2,106,396 -10.1%
Total Stockholders' Equity 5,208,268 2,941,925 +77.0%
Preferred Units Preferred Partners Capital Accounts (Q)
Show Legal Entity breakouts
Simon Property Group, L.P. 40,451 40,778 -0.8%
General Partners Capital Account (Q)
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Simon Property Group, L.P. 5,167,817 2,901,147 +78.1%
Limited Partners Capital Account (Q)
Show Legal Entity breakouts
Simon Property Group, L.P. 884,913 451,339 +96.1%
Partners Capital (Q)
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Simon Property Group, L.P. 6,093,181 3,393,264 +79.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties -2,385,343 -2,858,767 +16.6%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 6,472,087 3,414,723 +89.5%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -251,361 -193,026 -30.2%
Additional Paid In Capital 12,347,192 11,583,051 +6.6%
Common Stock 33 33 0.0%
Noncontrolling Interest 1,263,819 472,798 +167.3%
Preferred Stock · Series J cumulative redeemable preferred stock 40,451 40,778 -0.8%
Retained Earnings -4,608,136 -6,382,515 +27.8%
Treasury Stock Common -2,319,911 -2,106,396 -10.1%
Total Liabilities & Equity 40,606,466 32,405,691 +25.3%
Show Legal Entity breakouts
Simon Property Group, L.P. 40,606,466 32,405,691 +25.3%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 15,608,818 12,379,396 +26.1%
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests 233,306 184,729 +26.3%
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Simon Property Group, L.P. 233,306 184,729 +26.3%
Simon Property Group, L.P. · 7.5% Cumulative Redeemable Preferred Units 10.5 15.5 -32.3%
Simon Property Group, L.P. · Other noncontrolling redeemable interest 222,769 169,192 +31.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties 67,450 67,450 0.0%
Show Statement Class Of Stock breakouts
7.5% Cumulative Redeemable Preferred Units 10,537 15,537 -32.2%
Other noncontrolling redeemable interest 222,769 169,192 +31.7%
Minority Interest 1,263,819 472,798 +167.3%
Show Geography breakouts
Europe · Klepierre 1,275,727 1,138,385 +12.1%
Partners Capital Attributable To Noncontrolling Interest (Q)
Show Legal Entity breakouts
Simon Property Group, L.P. 378,906 21,459 +1665.7%
Partners Capital Including Portion Attributable To Noncontrolling Interest (Q)
Show Equity Components breakouts
Noncontrolling Interest · Simon Property Group, L.P. 378,906 21,459 +1665.7%
Preferred Stock · Simon Property Group, L.P. 40,451 40,778 -0.8%
Show Legal Entity breakouts
Simon Property Group, L.P. 6,472,087 3,414,723 +89.5%
Simon Property Group, L.P. · General Partner 5,167,817 2,901,147 +78.1%
Simon Property Group, L.P. · Limited Partner 884,913 451,339 +96.1%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation And Amortization Cash Flows 1,554,346 1,359,861 +14.3%
Show Legal Entity breakouts
Simon Property Group, L.P. 1,554,346 1,359,861 +14.3%
Increase Decrease In Equity Securities Fv Ni 106,082 17,392 +509.9%
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Simon Property Group, L.P. 106,082 17,392 +509.9%
Straight Line Rent -27,790 802 -3565.1%
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Simon Property Group, L.P. -27,790 802 -3565.1%
Equity Method Investment Dividends Or Distributions 445,901 362,734 +22.9%
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Simon Property Group, L.P. 445,901 362,734 +22.9%
Increase Decrease In Accounts And Notes Receivable -59,769 36,161 -265.3%
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Simon Property Group, L.P. -59,769 36,161 -265.3%
Change in Prepaid & Other Assets 14,565 -235,884 +106.2%
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Simon Property Group, L.P. 14,565 -235,884 +106.2%
Increase Decrease In Accounts Payable Accrued Expenses Intangibles Deferred Revenues And Other Liabilities 44,525 127,244 -65.0%
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Simon Property Group, L.P. 44,525 127,244 -65.0%
Net Cash from Operations 4,136,551 3,814,655 +8.4%
Show Legal Entity breakouts
Simon Property Group, L.P. 4,136,551 3,814,655 +8.4%
Investing Activities
Payments To Acquire Real Estate And Real Estate Joint Ventures -1,114,368 -56,105 -1886.2%
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Simon Property Group, L.P. -1,114,368 -56,105 -1886.2%
Repayment Of Notes Receivable From Related Parties 16,956 82,289 -79.4%
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Simon Property Group, L.P. 16,956 82,289 -79.4%
Payments To Acquire Productive Assets -934,346 -755,584 -23.7%
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Simon Property Group, L.P. -934,346 -755,584 -23.7%
Cash From Acquisitions And Cash Impact Of Property Consolidation And Deconsolidation 104,829 46,228 +126.8%
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Simon Property Group, L.P. 104,829 46,228 +126.8%
Payments To Acquire Interest In Subsidiaries And Affiliates -62,418 -112,655 +44.6%
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Simon Property Group, L.P. -62,418 -112,655 +44.6%
Payments To Acquire Investments -48,704 -241,186 +79.8%
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Simon Property Group, L.P. -48,704 -241,186 +79.8%
Proceeds From Sale Maturity And Collections Of Investments 96,194 1,183,528 -91.9%
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Simon Property Group, L.P. 96,194 1,183,528 -91.9%
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital 341,153 313,016 +9.0%
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Simon Property Group, L.P. 341,153 313,016 +9.0%
Net Cash from Investing -1,600,704 1,408,321 -213.7%
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Simon Property Group, L.P. -1,600,704 1,408,321 -213.7%
Financing Activities
Proceeds From Issuance Or Sale Of Common Stock Or Units And Other Net Of Issuance Costs -328 -328 0.0%
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Simon Property Group, L.P. -328 -328 0.0%
Tax Withholding for Share Compensation -13,912 -10,558 -31.8%
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Simon Property Group, L.P. -13,912 -10,558 -31.8%
Redemption Of Limited Partner Units -7,281 -42,293 +82.8%
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Simon Property Group, L.P. -7,281 -42,293 +82.8%
Share Repurchases -226,826
Payments For Purchase Of General Partner Units (FY)
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Simon Property Group, L.P. -226,826
Payments For Repurchase Of Redeemable Convertible Preferred Stock -5,000 -7,500 +33.3%
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Simon Property Group, L.P. -5,000 -7,500 +33.3%
Payments To Minority Shareholders -23,404 -21,049 -11.2%
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Simon Property Group, L.P. -23,404 -21,049 -11.2%
Proceeds From Minority Shareholders 6,705 9,807 -31.6%
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Simon Property Group, L.P. 6,705 9,807 -31.6%
Distributions To Preferred Unit Holders Financing Activities -1,166 -1,560 +25.3%
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Simon Property Group, L.P. -3,233,422 -3,045,959 -6.2%
Payments Of Ordinary Dividends Common Stock And Preferred Stock -2,792,872 -2,645,213 -5.6%
Payments Of Dividends Minority Interest -439,384 -399,186 -10.1%
Proceeds From Debt Net Of Issuance Costs 3,668,892 1,095,546 +234.9%
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Simon Property Group, L.P. 3,668,892 1,095,546 +234.9%
Repayments Of Long Term Debt -3,278,469 -2,969,288 -10.4%
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Simon Property Group, L.P. -3,278,469 -2,969,288 -10.4%
Net Cash from Financing -3,113,045 -4,991,622 +37.6%
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Simon Property Group, L.P. -3,113,045 -4,991,622 +37.6%
Amortization of Financing Costs 32,291 32,477 -0.6%
Supplemental
Income Taxes Paid 29,130 119,145 -75.6%
Interest Paid 945,736 911,349 +3.8%
Other Cash Flow
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect -577,198 231,354 -349.5%
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Simon Property Group, L.P. -577,198 231,354 -349.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 823,147 1,400,345 -41.2%
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Simon Property Group, L.P. 823,147 1,400,345 -41.2%

Values in thousands USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

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