The Tip Desk

SIMON PROPERTY GROUP INC.

Company Stats

Market Cap
$65.0B
as of Sep 30, 2026
Enterprise Value
$92.7B
Shares Outstanding
323.6M
Free Float
86.7%

Income Statement

Revenue
$6.4B
Operating Income
$3.2B
Net Income
$5.4B
EBITDA
$4.6B
Revenue Growth, 3Y
6.3%
FCF Margin, 3Y Avg
52.4%
FCF Margin, Worst Year
50.3%

Cash Flow

Free Cash Flow
$3.2B
FCF Yield
4.9%

Balance Sheet

Cash & Equivalents
$823.1M
Total Debt
$28.6B
Net Debt
$27.8B
Net Debt / EBITDA
6.04x
EV / EBITDA
20.15x
Net Debt / EBIT
8.75x

Returns & Capital

Share Repurchases
$226.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$6.4B$3.2B50.3%
FY2024$6.0B$3.1B51.3%
FY2023$5.7B$3.1B55.4%
FY2022$5.3B$3.1B58.9%
FY2021$5.1B$3.1B60.8%

Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage