Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust. It owns, develops and manages retail real estate properties which primarily consist of regional malls, premium outlets and mills. Simon Property Group specializes in the ownership, development, management, leasing, acquisition and expansion of income-producing retail real estate assets. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in December 1993 and is headquartered in Indianapolis, IN.
Highlights
SPG's price to earnings (P/E) is 54% less than its 5-year quarterly average of 26.0 and 24% less than its last 4 quarters average of 15.8
SPG's equity is down by 31% YoY and by 7% from the previous quarter
The net income has declined by 25% year-on-year and by 12% since the previous quarter
Key stats
What are the main financial stats of SPG
Market
Shares outstanding
305.9M
Market cap
$20.86B
Enterprise value
$45.34B
Valuations
Price to earnings (P/E)
11.98
Price to book (P/B)
10.27
Price to sales (P/S)
3.92
EV/EBIT
17.89
EV/EBITDA
11.64
EV/Sales
8.52
Earnings
Revenue
$5.32B
EBIT
$2.53B
EBITDA
$3.89B
Free cash flow
$1.92B
Per share
EPS
$5.69
Free cash flow per share
$6.29
Book value per share
$6.64
Revenue per share
$17.4
TBVPS
$111.29
Balance sheet
Total assets
$34.03B
Total liabilities
$31.5B
Debt
$27.79B
Equity
$2.03B
Working capital
N/A
Liquidity
Debt to equity
13.69
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.29
Margins
EBITDA margin
73.2%
Gross margin
81.7%
Net margin
32.9%
Operating margin
48.6%
Efficiency
Return on assets
5.2%
Return on equity
74.2%
Return on invested capital
4.4%
Return on capital employed
N/A
Return on sales
47.6%
Dividend
Dividend yield
11.15%
DPS
$7.6
Payout ratio
133.6%
SPG stock price
How has the Simon Property Group stock price performed over time
Financial performance
How have Simon Property Group's revenue and profit performed over time
Revenue
$5.32B
Gross profit
$4.35B
Operating income
$2.59B
Net income
$1.75B
Gross margin
81.7%
Net margin
32.9%
The net income has declined by 25% year-on-year and by 12% since the previous quarter
SPG's net margin is down by 19% YoY and by 7% QoQ
The operating income is down by 11% year-on-year and by 8% since the previous quarter
SPG's gross profit is down by 8% year-on-year and by 6% since the previous quarter
Valuation
What is Simon Property Group stock price valuation
P/E
11.98
P/B
10.27
P/S
3.92
EV/EBIT
17.89
EV/EBITDA
11.64
EV/Sales
8.52
SPG's price to earnings (P/E) is 54% less than its 5-year quarterly average of 26.0 and 24% less than its last 4 quarters average of 15.8
Simon Property Group's EPS has decreased by 24% YoY and by 12% from the previous quarter
SPG's equity is down by 31% YoY and by 7% from the previous quarter
SPG's P/B is 28% below its 5-year quarterly average of 14.3 and 24% below its last 4 quarters average of 13.5
The stock's P/S is 58% less than its 5-year quarterly average of 9.3 and 32% less than its last 4 quarters average of 5.8
SPG's revenue is down by 7% year-on-year and by 6% since the previous quarter
Efficiency
How efficient is Simon Property Group business performance
The ROA has decreased by 31% YoY and by 15% from the previous quarter
The return on invested capital has declined by 25% year-on-year and by 12% since the previous quarter
Simon Property Group's ROS has decreased by 14% YoY and by 3.3% from the previous quarter
The return on equity has declined by 3.9% since the previous quarter but it has increased by 2.8% year-on-year
Dividends
What is SPG's dividend history
DPS
$7.6
Dividend yield
11.15%
Payout ratio
133.6%
Recent dividends
Financial health
How did Simon Property Group financials performed over time
The total assets is 8% more than the total liabilities
Simon Property Group's debt to equity has soared by 71% YoY and by 6% from the previous quarter
SPG's equity is down by 31% YoY and by 7% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.