Simon Property Group, Inc. (SPG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 39.64B | 40.61B | 33.6B | 33.3B | 32.5B | 32.41B | 33.28B | 33.38B | 33.7B | 34.28B | 32.96B | 32.82B | 33.3B | 33.01B | 32.8B | 33.08B | 33.45B | 33.78B | 33.95B | 34.83B |
| Asset Growth % | 21.96% | 25.31% | 0.98% | -0.24% | -3.55% | -5.48% | 0.94% | 1.7% | 1.2% | 3.85% | 0.52% | -0.79% | -0.46% | -2.27% | -3.39% | -5.02% | -2.79% | -2.9% | 7.22% | 2.36% |
| Real Estate & Other Assets | 1.97B | 1.98B | 22.08B | 22.04B | 21.37B | 21.28B | 20.94B | 22.5B | 22.6B | 21.65B | 21.14B | 22.79B | 22.82B | 21.86B | 21.49B | 21.76B | 22.02B | 22.42B | 23.68B | 23.86B |
| PP&E (Net) | 30.69B | 31B | 529.12M | 515.46M | 517.53M | 519.61M | 521.39M | 523.23M | 524.92M | 484.07M | 489.99M | 492.25M | 494.59M | 496.93M | 497.49M | 499.7M | 501.91M | 504.12M | 506.24M | 508.37M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 1.42B | 1.76B | 2.37B | 2.01B | 2.16B | 2.83B | 3.24B | 3.33B | 3.34B | 3.59B | 1.53B | 1.58B | 1.94B | 2.11B | 1.74B | 1.72B | 1.68B | 2.34B | 1.72B | 2.59B |
| Cash & Equivalents | 542.96M | 823.15M | 1.55B | 1.23B | 1.38B | 1.4B | 2.17B | 1.23B | 1.25B | 1.17B | 769.03M | 837.47M | 1.16B | 621.63M | 601.52M | 541.24M | 514.93M | 533.94M | 438.42M | 1.29B |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -662.33M | 345M | 345M | 345M | -193.17M | 345M | 345M |
| Intangible Assets | 0 | 0 | 1.65B | 1.63B | 1.49B | 2.75M | 1.62B | 0 | 0 | 8.71M | 1.63B | 1.54B | 0 | 17.77M | 1.42B | 1.34B | 1.21B | 33.28M | 1.32B | 1.23B |
| Total Liabilities | 33.3B | 33.9B | 30.63B | 30.2B | 29.23B | 28.81B | 29.95B | 29.79B | 29.93B | 30.6B | 29.35B | 29.29B | 29.62B | 29.19B | 28.76B | 28.98B | 29.16B | 29.38B | 29.52B | 30.61B |
| Total Debt | 28.98B | 29.19B | 26.32B | 25.92B | 25.27B | 24.78B | 25.94B | 25.81B | 26.05B | 26.52B | 25.41B | 25.48B | 26.07B | 25.46B | 25.14B | 25.39B | 25.67B | 25.83B | 26.09B | 26.74B |
| Net Debt | 28.44B | 28.36B | 24.77B | 24.69B | 23.89B | 23.38B | 23.77B | 24.58B | 24.79B | 25.35B | 24.64B | 24.65B | 24.91B | 24.84B | 24.54B | 24.85B | 25.16B | 25.29B | 25.66B | 25.45B |
| Long-Term Debt | 28.25B | 22.63B | 25.79B | 25.4B | 24.75B | 24.21B | 25.42B | 25.29B | 25.52B | 25.97B | 24.92B | 24.99B | 25.57B | 24.9B | 24.64B | 24.89B | 25.17B | 24.76B | 25.58B | 26.23B |
| Short-Term Borrowings | 0 | 5.8B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500M | 0 | 0 |
| Capital Lease Obligations | 734.57M | 756.54M | 529.71M | 516.07M | 518.17M | 579.35M | 522.09M | 523.97M | 525.68M | 545.46M | 490.82M | 493.19M | 495.57M | 561.4M | 500.2M | 502.44M | 504.68M | 570.38M | 509.07M | 511.21M |
| Total Current Liabilities | 1.7B | 9.5B | 3.4B | 3.38B | 3.22B | 3.4B | 3.36B | 3.36B | 3.25B | 3.46B | 3.39B | 3.3B | 3.06B | 3.19B | 3.12B | 3.05B | 2.96B | 3.51B | 2.9B | 3.32B |
| Accounts Payable | 1.7B | 1.95B | 1.65B | 1.63B | 1.49B | 1.71B | 1.62B | 1.63B | 1.53B | 1.69B | 1.63B | 1.54B | 1.35B | 1.49B | 1.42B | 1.34B | 1.21B | 1.43B | 1.32B | 1.23B |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 2.62B | 1.02B | 910.5M | 907.77M | 743.17M | 626.15M | 658.28M | 620.5M | 635.78M | 621.6M | 556.29M | 511.4M | 497.21M | 535.74M | 495.14M | 543.94M | 525.85M | 540.91M | 525.36M | 546.62M |
| Total Equity | 6.34B | 6.71B | 2.97B | 3.09B | 3.27B | 3.6B | 3.32B | 3.59B | 3.76B | 3.69B | 3.61B | 3.53B | 3.68B | 3.82B | 4.04B | 4.1B | 4.29B | 4.4B | 4.43B | 4.21B |
| Equity Growth % | 93.93% | 86.29% | -10.47% | -13.82% | -13.15% | -2.39% | -8.04% | 1.69% | 2.31% | -3.56% | -10.5% | -13.91% | -14.3% | -13.11% | -8.83% | -2.8% | 6.54% | 20.3% | 100.95% | 67.07% |
| Shareholders Equity | 4.86B | 5.21B | 2.35B | 2.45B | 2.61B | 2.94B | 2.71B | 2.94B | 3.11B | 3.02B | 2.95B | 2.87B | 3B | 3.14B | 3.02B | 3.07B | 3.26B | 3.36B | 3.38B | 3.23B |
| Minority Interest | 1.48B | 1.5B | 624.92M | 639.56M | 662M | 657.53M | 609.1M | 642.13M | 656.02M | 664.76M | 660.14M | 655.59M | 673.78M | 685.37M | 1.02B | 1.03B | 1.04B | 1.04B | 1.05B | 983.05M |
| Common Stock | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 34K | 34K | 34K | 34K | 34K | 34K | 34K | 34K | 34K | 34K |
| Additional Paid-in Capital | 12.41B | 12.35B | 11.62B | 11.59B | 11.59B | 11.58B | 11.34B | 11.36B | 11.37B | 11.41B | 11.39B | 11.21B | 11.23B | 11.23B | 11.23B | 11.22B | 11.21B | 11.21B | 11.2B | 11.19B |
| Retained Earnings | -4.88B | -4.61B | -6.93B | -6.84B | -6.71B | -6.38B | -6.36B | -6.16B | -5.99B | -6.1B | -6.22B | -6.19B | -6.07B | -5.93B | -6.05B | -6.01B | -5.95B | -5.82B | -5.79B | -5.93B |
| Preferred Stock | 40.37M | 40.45M | 40.53M | 40.61M | 40.7M | 40.78M | 40.86M | 40.94M | 41.02M | 41.11M | 41.19M | 41.27M | 41.35M | 41.44M | 41.52M | 41.6M | 41.68M | 41.76M | 41.84M | 41.93M |
| Return on Assets (ROA) | 1.2% | 8.22% | 1.78% | 1.69% | 1.28% | 2.03% | 1.43% | 1.47% | 2.16% | 2.23% | 1.81% | 1.47% | 1.37% | 2.05% | 1.64% | 1.5% | 1.27% | 1.49% | 1.98% | 1.79% |
| Return on Equity (ROE) | 7.37% | 63% | 19.6% | 17.52% | 12.07% | 19.3% | 13.78% | 13.45% | 19.67% | 20.5% | 16.67% | 13.52% | 12.07% | 17.16% | 13.28% | 11.86% | 9.84% | 11.42% | 15.75% | 15% |
| Debt / Assets | 73.12% | 71.88% | 78.32% | 77.84% | 77.76% | 76.48% | 77.95% | 77.33% | 77.29% | 77.35% | 77.08% | 77.65% | 78.28% | 77.12% | 76.66% | 76.75% | 76.75% | 76.47% | 76.87% | 76.79% |
| Debt / Equity | 4.57x | 4.35x | 8.85x | 8.38x | 7.73x | 6.89x | 7.81x | 7.20x | 6.92x | 7.19x | 7.03x | 7.22x | 7.09x | 6.66x | 6.23x | 6.20x | 5.98x | 5.87x | 5.89x | 6.34x |
| Net Debt / EBITDA | 23.29x | 21.63x | 21.51x | 22.20x | 22.06x | 19.55x | 21.42x | 22.62x | 23.39x | 22.41x | 23.98x | 24.72x | 25.29x | 24.34x | 25.34x | 26.37x | 26.64x | 27.13x | 27.51x | 27.14x |
| Book Value per Share | 19.56 | 20.57 | 9.09 | 9.45 | 10.01 | 11.03 | 10.19 | 11.00 | 11.54 | 11.31 | 11.04 | 10.78 | 11.25 | 11.70 | 12.33 | 12.47 | 13.06 | 13.39 | 13.47 | 12.83 |