Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

Simon Property Group, Inc.

Lease Income

Lease Income %Chg

Lease Income Common Size

Minimum Rent

Minimum Rent %Chg

Minimum Rent Common Size

Overage Rent

Overage Rent %Chg

Overage Rent Common Size

Tenant Reimbursements

Tenant Reimbursements %Chg

Tenant Reimbursements Common Size

Management Fees and Other Revenues

Management Fees and Other Revenues %Chg

Management Fees and Other Revenues Common Size

Other Income

Other Income %Chg

Other Income Common Size

Total Revenue

Total Revenue %Chg

Total Revenue Common Size

Property Operating

Property Operating %Chg

Property Operating Common Size

Depreciation and Amortization

Depreciation and Amortization %Chg

Depreciation and Amortization Common Size

Real Estate Taxes

Real Estate Taxes %Chg

Real Estate Taxes Common Size

Repairs and Maintenance

Repairs and Maintenance %Chg

Repairs and Maintenance Common Size

Advertising and Promotion

Advertising and Promotion %Chg

Advertising and Promotion Common Size

Provision for Credit Losses

Provision for Credit Losses %Chg

Provision for Credit Losses Common Size

Home and Regional Office Costs

Home and Regional Office Costs %Chg

Home and Regional Office Costs Common Size

General and Administrative

General and Administrative %Chg

General and Administrative Common Size

Other

Other %Chg

Other Common Size

Total Operating Expenses

Total Operating Expenses %Chg

Total Operating Expenses Common Size

Operating Income Before Other Items

Operating Income Before Other Items %Chg

Operating Income Before Other Items Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Loss on Extinguishment of Debt

Loss on Extinguishment of Debt %Chg

Loss on Extinguishment of Debt Common Size

Gain on Sale or Exchange of Equity Interests

Gain on Sale or Exchange of Equity Interests %Chg

Gain on Sale or Exchange of Equity Interests Common Size

Gain on Disposal, Exchange, or Revaluation of Equity Interests, Net

Gain on Disposal, Exchange, or Revaluation of Equity Interests, Net %Chg

Gain on Disposal, Exchange, or Revaluation of Equity Interests, Net Common Size

Gain Due to Disposal, Exchange, or Revaluation of Equity Interests, Net

Gain Due to Disposal, Exchange, or Revaluation of Equity Interests, Net %Chg

Gain Due to Disposal, Exchange, or Revaluation of Equity Interests, Net Common Size

Income and Other Tax Expense

Income and Other Tax Expense %Chg

Income and Other Tax Expense Common Size

Income from Unconsolidated Entities

Income from Unconsolidated Entities %Chg

Income from Unconsolidated Entities Common Size

Unrealized Gains in Fair Value of Publicly Traded Equity Instruments and Derivative Instrument, Net

Unrealized Gains in Fair Value of Publicly Traded Equity Instruments and Derivative Instrument, Net %Chg

Unrealized Gains in Fair Value of Publicly Traded Equity Instruments and Derivative Instrument, Net Common Size

Gain on Acquisition of Controlling Interest, Sale or Disposal Of, or Recovery On, Assets and Interests in Unconsolidated Entities and Impairment, Net

Gain on Acquisition of Controlling Interest, Sale or Disposal Of, or Recovery On, Assets and Interests in Unconsolidated Entities and Impairment, Net %Chg

Gain on Acquisition of Controlling Interest, Sale or Disposal Of, or Recovery On, Assets and Interests in Unconsolidated Entities and Impairment, Net Common Size

Consolidated Income from Continuing Operations

Consolidated Income from Continuing Operations %Chg

Consolidated Income from Continuing Operations Common Size

Consolidated Net Income

Consolidated Net Income %Chg

Consolidated Net Income Common Size

Net Income Attributable to Noncontrolling Interests

Net Income Attributable to Noncontrolling Interests %Chg

Net Income Attributable to Noncontrolling Interests Common Size

Preferred Dividends

Preferred Dividends %Chg

Preferred Dividends Common Size

Net Income Attributable to Common Stockholders

Net Income Attributable to Common Stockholders %Chg

Net Income Attributable to Common Stockholders Common Size

Income from Continuing Operations

Income from Continuing Operations %Chg

Income from Continuing Operations Common Size

Total BASIC and DILUTED EARNINGS per COMMON SHARE

Property Revenue

Property Revenue %Chg

Property Revenue Common Size

Service and Other Revenue

Service and Other Revenue %Chg

Service and Other Revenue Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Property Expenses

Property Expenses %Chg

Property Expenses Common Size

Service and Other Expenses

Service and Other Expenses %Chg

Service and Other Expenses Common Size

Total Property Expenses

Total Property Expenses %Chg

Total Property Expenses Common Size

Property Taxes

Property Taxes %Chg

Property Taxes Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Depreciation & Amortization Expenses

Depreciation & Amortization Expenses %Chg

Depreciation & Amortization Expenses Common Size

Other Operating Expenses

Other Operating Expenses %Chg

Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Net Gains on Disposal of Properties

Net Gains on Disposal of Properties %Chg

Net Gains on Disposal of Properties Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Property Revenue	2,746.9	2,771.3	2,618.4	2,661.2	2,503.1	2,502.6
Minimum Rent
Overage Rent
Tenant Reimbursements
Lease Income
Service and Other Revenue	224.6	291.6	282.4	277.2	217.3	213.1
Management Fees and Other Revenues
Other Income
Total Revenues	2,971.5	3,062.9	2,900.9	2,938.4	2,720.5	2,715.7
Total Revenues %Chg	2.4%	4.2%	6.6%	8.2%	5.6%	3.5%
Total Revenue
Property Expenses	333	327.1	307.7	311.4	275.2	299.3
Property Operating
Repairs and Maintenance
Service and Other Expenses	56.4	54.8	50.3	52.1	45.2	51.2
Repairs and Maintenance
Total Property Expenses	389.4	381.9	357.9	363.5	320.4	350.5
Property Taxes	212.8	202.8	205.8	218.8	223	219.5
Real Estate Taxes
Gross Profit	2,369.3	2,478.3	2,337.1	2,356.1	2,177.1	2,145.6
Gross Profit Margin	79.7%	80.9%	80.6%	80.2%	80%	79%
Selling, General & Administrative Expenses	220.1	214.5	198.1	189.6	183.9	165.1
Advertising and Promotion
Home and Regional Office Costs
General and Administrative
Depreciation & Amortization Expenses	667.1	648	617.4	635.5	626.6	618.9
Depreciation and Amortization
Other Operating Expenses	66.6	67.1	82.6	96.7	91.1	76.4
Provision for Credit Losses
Other
Operating Profit	1,471.8	1,603.5	1,489.3	1,486.4	1,320.6	1,336.4
Operating Income Before Other Items
Operating Margin	49.5%	52.4%	51.3%	50.6%	48.5%	49.2%
Net Gains on Disposal of Properties	-9.6	-83.8	8	1.3	-4.4	22
Gain on Acquisition of Controlling Interest, Sale or Disposal Of, or Recovery On, Assets and Interests in Unconsolidated Entities and Impairment, Net
Interest and Investment Income	153.2	199.5	7.9	263.3	112.4	376.7
Income from Unconsolidated Entities
Interest Expense	-459.7	-453.8	-452	-437.1	-417.5	-388.8
Interest Expense
Non-Operating Income	327.5	23.8	410	311.2	62.7	108.8
Loss on Extinguishment of Debt
Gain on Sale or Exchange of Equity Interests
Gain on Disposal, Exchange, or Revaluation of Equity Interests, Net
Gain Due to Disposal, Exchange, or Revaluation of Equity Interests, Net
Unrealized Gains in Fair Value of Publicly Traded Equity Instruments and Derivative Instrument, Net
Total Non-Operating Income	11.5	-314.4	-26.1	138.7	-246.9	118.8
Income Before Provision for Income Taxes	1,483.3	1,289.1	1,463.2	1,625.1	1,073.8	1,455.2
Provision for Income Taxes	27.5	-29.3	52.6	84.8	-3	60.6
Income and Other Tax Expense
Consolidated Net Income	1,121.5	1,318.4	1,410.6	1,540.3	1,076.8	1,394.6
Consolidated Net Income
Net Income Attributable to Minority Interests and Other	150	174.4	183.8	197	136.9	180.1
Net Income Attributable to Noncontrolling Interests
Net Income Attributable to Preferred Dividends	1.7	1.7	1.7	1.7	1.7	1.7
Preferred Dividends
Net Income Attributable to Common Shareholders	969.8	1,142.4	1,225.2	1,341.6	938.2	1,212.8
Net Income Attributable to Common Stockholders
Basic EPS	3	3.5	3.8	4.1	2.9	3.7
Diluted EPS	3	3.5	3.8	4.1	2.9	3.7
Basic Weighted Average Shares Outstanding	326.4	326.2	326	326.3	327.1	327.2
Total Shares Outstanding	326.5	326.3	326	325.9	327.2	327
Diluted Weighted Average Shares Outstanding	326.4	326.2	326	326.3	327.1	327.2
EBITDA	2,195.1	2,306	2,146.6	2,158.5	1,982.1	1,989.1
Effective Tax Rate	1.9%	-2.3%	3.6%	5.2%	-0.3%	4.2%