US · USD
SPG
Simon Property Group Inc
- Day's range
- US$198.41 – US$201.58
- Day's volume
- US$228.8m
- 52-week range
- US$165.67 – US$234.19
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Create a free accountSPG in numbers
- Dividend yield (12m)
- 4.43%
- Net debt/EBITDA
- 5.57
The 12-month dividend yield of SPG is 4.43%, below its 5-year average of 4.98%.
SPG price history
SPG risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +19.55% | +111.69% | +78.70% |
| Volatility (annualised) | 20.29% | 22.49% | 26.74% |
| Largest drawdown | -11.51% | -14.38% | -41.24% |
| Positive months | 8/12 | 25/36 | 35/60 |
How much did investing in SPG return?
US$1,000.00 invested on 01/09/2021 would be worth US$2,014.82 today.
- Value today in SPG
- US$2,014.82
- Return over the period
- +101.48%
- Return per year
- +15.04%
- In the S&P 500
- US$1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
SPG fundamentals
Debt
- Net debtUS$27.7bn
- Net debt/EBITDA5.57
- Net debt/Equity6.24
- Debt/Equity6.47
- Current ratio—
- Quick ratio—
- Cash ratio—
Efficiency
- Gross margin—
- EBITDA margin71.58%
- Operating margin47.40%
- Net margin—
- Asset turnover0.17
Profitability
- ROE—
- ROA—
- ROIC6.76%
- Payout—
Growth
- Revenue CAGR (5 years)8.17%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is SPG's fair price?
Two classic value formulas, with today's numbers. The current price is US$200.81.
- Graham's fair price
- —
- SPG's earnings per share and book value per share are not available, so the formula cannot be calculated.
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- US$127.17
- 36.67% below the price
US$7.63 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
SPG indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend yield | 4.62% | 4.70% | 5.22% | 5.87% | 4.48% | 5.51% | 5.57% | 4.70% |
| ROIC | 6.39% | 7.91% | 6.89% | 6.21% | 5.66% | 4.53% | 7.39% | 7.40% |
| EBITDA margin | 72.30% | 73.08% | 71.91% | 72.02% | 71.84% | 71.40% | 73.90% | 74.55% |
| Net debt/EBITDA | 6.00 | 5.25 | 5.86 | 6.39 | 6.74 | 7.82 | 5.52 | 5.42 |
SPG financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | US$6.4bn | US$6bn | US$5.7bn | US$5.3bn | US$5.1bn | US$4.6bn |
| Cost of sales | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | US$4.6bn | US$4.4bn | US$4.1bn | US$3.8bn | US$3.7bn | US$3.3bn |
| EBIT | US$3.2bn | US$3.1bn | US$2.8bn | US$2.6bn | US$2.4bn | US$2bn |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | — | — | — | — | — | — |
| Income tax | -US$20.3m | -US$9.3m | -US$68.8m | — | — | — |
| Net income | — | — | — | — | — | — |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does SPG pay dividends?
Dividend yield per year
- 4.16%2017
- 4.70%2018
- 5.57%2019
- 5.51%2020
- 4.48%2021
- 5.87%2022
- 5.22%2023
- 4.70%2024
- 4.62%2025
- 3.34%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/09/2026 | 30/09/2026 | US$2.25 |
| Dividend | 08/06/2026 | 30/06/2026 | US$2.25 |
| Dividend | 09/03/2026 | 31/03/2026 | US$2.20 |
| Dividend | 09/12/2025 | 31/12/2025 | US$2.20 |
| Dividend | 08/09/2025 | 30/09/2025 | US$2.15 |
| Dividend | 06/06/2025 | 30/06/2025 | US$2.10 |
| Dividend | 07/03/2025 | 31/03/2025 | US$2.10 |
| Dividend | 06/12/2024 | 30/12/2024 | US$2.10 |
| Dividend | 06/09/2024 | 30/09/2024 | US$2.05 |
| Dividend | 06/06/2024 | 28/06/2024 | US$2.00 |
| Dividend | 06/03/2024 | 29/03/2024 | US$1.95 |
| Dividend | 06/12/2023 | 29/12/2023 | US$1.90 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/09/2023 | 29/09/2023 | US$1.90 |
| Dividend | 07/06/2023 | 30/06/2023 | US$1.85 |
| Dividend | 08/03/2023 | 31/03/2023 | US$1.80 |
| Dividend | 07/12/2022 | 30/12/2022 | US$1.80 |
| Dividend | 07/09/2022 | 30/09/2022 | US$1.75 |
| Dividend | 07/06/2022 | 30/06/2022 | US$1.70 |
| Dividend | 08/03/2022 | 31/03/2022 | US$1.65 |
| Dividend | 08/12/2021 | 31/12/2021 | US$1.65 |
| Dividend | 07/09/2021 | 30/09/2021 | US$1.50 |
| Dividend | 30/06/2021 | 23/07/2021 | US$1.40 |
| Dividend | 07/04/2021 | 23/04/2021 | US$1.30 |
| Dividend | 22/12/2020 | 22/01/2021 | US$1.30 |
| Dividend | 07/10/2020 | 23/10/2020 | US$1.30 |
| Dividend | 08/07/2020 | 24/07/2020 | US$1.30 |
| Dividend | 12/02/2020 | 28/02/2020 | US$2.10 |
| Dividend | 13/11/2019 | 29/11/2019 | US$2.10 |
| Dividend | 14/08/2019 | 30/08/2019 | US$2.10 |
| Dividend | 15/05/2019 | 31/05/2019 | US$2.05 |
| Dividend | 12/02/2019 | 28/02/2019 | US$2.05 |
| Dividend | 14/11/2018 | 30/11/2018 | US$2.00 |
| Dividend | 15/08/2018 | 31/08/2018 | US$2.00 |
| Dividend | 15/05/2018 | 31/05/2018 | US$1.95 |
| Dividend | 12/02/2018 | 28/02/2018 | US$1.95 |
| Dividend | 14/11/2017 | 30/11/2017 | US$1.85 |
| Dividend | 14/08/2017 | 31/08/2017 | US$1.80 |
| Dividend | 12/05/2017 | 31/05/2017 | US$1.75 |
| Dividend | 09/02/2017 | 28/02/2017 | US$1.75 |
| Dividend | 11/11/2016 | 30/11/2016 | US$1.65 |
About Simon Property Group
- Sector
- Finance, insurance and real estate
Questions about SPG
How much is SPG today?
SPG is at US$200.81 (0.02% on the day), last traded on 01/10/2026.
How much did SPG pay in dividends in 2025?
SPG paid US$8.55 per share in 2025, a dividend yield of 4.62%.
How much did SPG return in 12 months?
SPG returned 19.55% in 12 months, with annualised volatility of 20.29% and a largest drawdown of -11.51%.