SIMON PROPERTY GROUP INC.
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Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Lease Lease Income | 5,839,160 | 5,389,760 | +8.3% |
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| Real estate segment · Operating Segments | 5,854,900 | 5,402,306 | +8.4% |
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| Simon Property Group, L.P. | 5,839,160 | 5,389,760 | +8.3% |
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| All other & eliminations, net | -15,740 | -12,546 | -25.5% |
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| 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% |
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| Simon Property Group, L.P. | 144,426 | 133,250 | +8.4% |
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| All other & eliminations, net | 144,426 | 133,250 | +8.4% |
| Other Income | 380,919 | 440,788 | -13.6% |
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| Real estate segment · Operating Segments | 161,725 | 140,009 | +15.5% |
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| Simon Property Group, L.P. | 380,919 | 440,788 | -13.6% |
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| All other & eliminations, net | 219,194 | 300,779 | -27.1% |
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| 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% |
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| Real estate segment · Operating Segments | 6,016,625 | 5,542,315 | +8.6% |
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| Europe · Klepierre | 1,540,407 | 1,421,595 | +8.4% |
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| Simon Property Group, L.P. | 6,364,505 | 5,963,798 | +6.7% |
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| All other & eliminations, net | 347,880 | 421,483 | -17.5% |
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| 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% |
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| 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% |
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| Real estate segment · Operating Segments | 765,610 | 658,425 | +16.3% |
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| Simon Property Group, L.P. | 580,975 | 529,753 | +9.7% |
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| All other & eliminations, net | -184,635 | -128,672 | -43.5% |
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| 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% |
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| Simon Property Group, L.P. | 1,426,423 | 1,265,340 | +12.7% |
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| 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% |
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| Real estate segment · Operating Segments | 456,455 | 409,124 | +11.6% |
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| Simon Property Group, L.P. | 451,128 | 408,641 | +10.4% |
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| All other & eliminations, net | -5,327 | -483 | -1002.9% |
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| 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% |
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| Real estate segment · Operating Segments | 117,685 | 103,030 | +14.2% |
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| Simon Property Group, L.P. | 119,915 | 105,020 | +14.2% |
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| All other & eliminations, net | 2,230 | 1,990 | +12.1% |
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| 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% |
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| Real estate segment · Operating Segments | 159,702 | 147,891 | +8.0% |
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| Simon Property Group, L.P. | 155,826 | 144,551 | +7.8% |
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| All other & eliminations, net | -3,876 | -3,340 | -16.0% |
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| 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% |
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| Simon Property Group, L.P. | 251,748 | 223,277 | +12.8% |
| General & Administrative | 60,888 | 44,743 | +36.1% |
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| Simon Property Group, L.P. | 60,888 | 44,743 | +36.1% |
| Other Cost And Expense Operating | 142,206 | 149,677 | -5.0% |
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| Simon Property Group, L.P. | 142,206 | 149,677 | -5.0% |
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| 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% |
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| Simon Property Group, L.P. | 3,189,109 | 2,871,002 | +11.1% |
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| 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% |
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| Europe · Klepierre | 756,757 | 659,553 | +14.7% |
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| Simon Property Group, L.P. | 3,175,396 | 3,092,796 | +2.7% |
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| 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% |
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| 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% |
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| Simon Property Group, L.P. | -974,835 | -905,797 | -7.6% |
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| 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% |
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| Simon Property Group, L.P. | -86,119 | 451,172 | -119.1% |
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| Catalyst | 9.4 | — | — |
| Income Tax Expense Benefit And Other | -35,788 | -23,262 | -53.8% |
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| Simon Property Group, L.P. | -35,788 | -23,262 | -53.8% |
| Income Loss From Equity Method Investments | 504,088 | 207,322 | +143.1% |
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| Simon Property Group, L.P. | 504,088 | 207,322 | +143.1% |
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| 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) | — | — | — |
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| 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% |
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| 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% |
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| Europe · Klepierre | 478,896 | 441,371 | +8.5% |
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| Simon Property Group, L.P. | 5,364,120 | 2,729,021 | +96.6% |
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| 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% |
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| 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% |
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| 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 | — | — |
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| 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% |
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| Accumulated Other Comprehensive Income | -27,586 | 14,039 | -296.5% |
| Noncontrolling Interest | -3,816 | 2,452 | -255.6% |
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| 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% |
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| Accumulated Other Comprehensive Income | 8,241 | -4,866 | +269.4% |
| Noncontrolling Interest | 1,411 | -757 | +286.4% |
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| 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% |
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| Accumulated Other Comprehensive Income | -41,635 | -28,613 | -45.5% |
| Noncontrolling Interest | -11,048 | -5,669 | -94.9% |
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| 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% |
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| Accumulated Other Comprehensive Income | 2,645 | -799 | +431.0% |
| Noncontrolling Interest | 441 | -124 | +455.6% |
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| 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% |
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| 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% |
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| Simon Property Group, L.P. | 377,924,881 | 375,434,534 | +0.7% |
| Interest Expense | 974,835 | 905,797 | +7.6% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & 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% |
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| 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% |
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| Simon Property Group, L.P. | 755,934 | 519,607 | +45.5% |
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| 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% |
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| Europe · Klepierre | 17,379,529 | 15,114,097 | +15.0% |
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| Simon Property Group, L.P. | 40,606,466 | 32,405,691 | +25.3% |
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| 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) | — | — | — |
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| 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% |
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| Simon Property Group, L.P. | 50,946,067 | 40,242,392 | +26.6% |
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| 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% |
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| Simon Property Group, L.P. | 20,701,510 | 19,047,078 | +8.7% |
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| 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% |
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| Simon Property Group, L.P. | 30,244,557 | 21,195,314 | +42.7% |
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| 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% |
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| Simon Property Group, L.P. | 934,077 | 796,513 | +17.3% |
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| Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments · Unconsolidated Properties | 605,756 | 533,676 | +13.5% |
| Equity Method Investments (Q) | — | — | — |
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| JP · Premium Outlets | 245 | 221.5 | +10.6% |
| KR · Premium Outlets | 216.8 | 209.1 | +3.7% |
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| 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% |
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| 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% |
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| Simon Property Group, L.P. | 1,981,035 | 1,369,609 | +44.6% |
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| 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% |
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| Europe · Exchangeable Debt | 734.6 | — | — |
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| 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 | — | — |
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| Simon Property Group, L.P. | 28,430,175 | 24,264,495 | +17.2% |
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| 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% |
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| Simon Property Group, L.P. | 2,723 | 2,410 | +13.0% |
| Total Liabilities | 33,901,073 | 28,806,239 | +17.7% |
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| Europe · Klepierre | 11,595,140 | 9,843,187 | +17.8% |
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| Simon Property Group, L.P. | 33,901,073 | 28,806,239 | +17.7% |
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| 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% |
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| Simon Property Group, L.P. | 1,954,402 | 1,712,465 | +14.1% |
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| 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% |
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| 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% |
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| Simon Property Group, L.P. | 1,017,816 | 626,155 | +62.6% |
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| 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 |
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| 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) | — | — | — |
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| 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) | — | — | — |
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| 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 |
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| 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% |
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| 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% |
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| Simon Property Group, L.P. | 40,606,466 | 32,405,691 | +25.3% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| 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% |
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| 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 |
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| 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% |
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| Europe · Klepierre | 1,275,727 | 1,138,385 | +12.1% |
| Partners Capital Attributable To Noncontrolling Interest (Q) | — | — | — |
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| Simon Property Group, L.P. | 378,906 | 21,459 | +1665.7% |
| Partners Capital Including Portion Attributable To Noncontrolling Interest (Q) | — | — | — |
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| 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% |
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| 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
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation And Amortization Cash Flows | 1,554,346 | 1,359,861 | +14.3% |
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| 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% |
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| 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.