Company Quick10K Filing
Simon Property Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 362 $70,696
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-07 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-02-22 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-02-23 Annual: 2017-12-31
10-Q 2017-10-30 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-03 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-04 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-05 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-07 Quarter: 2014-03-31
10-K 2014-02-27 Annual: 2013-12-31
10-Q 2013-11-06 Quarter: 2013-09-30
10-Q 2013-08-07 Quarter: 2013-06-30
10-Q 2013-05-08 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-08 Quarter: 2012-06-30
10-Q 2012-05-08 Quarter: 2012-03-31
10-K 2012-02-28 Annual: 2011-12-31
8-K 2020-02-10 Regulation FD, Exhibits
8-K 2020-02-09 Enter Agreement, Exhibits
8-K 2019-10-30 Earnings, Regulation FD, Exhibits
8-K 2019-09-04 Regulation FD, Other Events, Exhibits
8-K 2019-07-31 Earnings, Regulation FD, Exhibits, Earnings
8-K 2019-05-08 Officers, Shareholder Vote, Exhibits
8-K 2019-04-30 Earnings, Regulation FD, Exhibits, Earnings
8-K 2019-02-11 Other Events, Exhibits
8-K 2019-02-01 Earnings, Regulation FD, Exhibits, Earnings
8-K 2019-01-18 Officers, Exhibits
8-K 2018-10-25 Earnings, Regulation FD, Exhibits, Earnings
8-K 2018-10-01 Officers, Exhibits
8-K 2018-07-30 Earnings, Regulation FD, Exhibits, Earnings
8-K 2018-06-21 Officers, Exhibits
8-K 2018-05-08 Shareholder Vote
8-K 2018-04-27 Earnings, Regulation FD, Exhibits, Earnings
8-K 2018-03-20 Officers
8-K 2018-02-12 Officers, Exhibits
8-K 2018-01-31 Earnings, Regulation FD, Exhibits, Earnings

Simon Property Group Financials

SPG Metrics, Comps, Filings

Annual | Quarterly

Business

Simon Property Group, Inc. is a Delaware corporation that operates as a self-administered and self-managed real estate investment trust, or REIT, under the Internal Revenue Code of 1986, as amended, or the Internal Revenue Code. REITs will generally not be liable for U.S. federal corporate income taxes as long as they distribute not less than 100% of their REIT taxable income. Simon Property Group, L.P. is our majority-owned Delaware partnership subsidiary that owns all of our real estate properties and other assets. Unless stated otherwise or the context otherwise requires, references to "Simon" mean Simon Property Group, Inc. and references to the "Operating Partnership" mean Simon Property Group, L.P. References to "we," "us" and "our" mean collectively Simon, the Operating Partnership and those entities/subsidiaries owned or controlled by Simon and/or the Operating Partnership. According to the Operating Partnership's partnership agreement, the Operating Partnership is required to pay all expenses of Simon.

We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets®, and The Mills®. As of December 31, 2018, we owned or held an interest in 206 income‑producing properties in the United States, which consisted of 107 malls, 69 Premium Outlets, 14 Mills, four lifestyle centers, and 12 other retail properties in 37 states and Puerto Rico. In addition, we have redevelopment and expansion projects, including the addition of anchors, big box tenants, and restaurants, underway at several properties in the United States, Canada, Europe and Asia. Internationally, as of December 31, 2018, we had ownership interests in nine Premium Outlets in Japan, four Premium Outlets in South Korea, three Premium Outlets in Canada, two Premium Outlets in Malaysia, and one Premium Outlet in Mexico. We also own an interest in eight Designer Outlet properties in Europe, of which six properties are consolidated, and one Designer Outlet property in Canada. Of the eight properties in Europe, two are located in Italy, two are located in the Netherlands and one each is located in Austria, Germany, France and the United Kingdom. We also have three international outlet properties under development. As of December 31, 2018, we also owned a 21.3% equity stake in Klépierre SA, or Klépierre, a publicly traded, Paris‑based real estate company, which owns, or has an interest in, shopping centers located in 16 countries in Europe.

For a description of our operational strategies and developments in our business during 2018, see Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Form 10‑K.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
American Tower (AMT) 91,673 48% 27.9 4% 39,073 32,439 7,620 3,679 1,512 3,988 111,445
Simon Property Group (SPG) 70,696 0% 22.8 6% 30,651 25,409 5,266 0 1,932 4,054 92,497
Crown Castle (CCI) 54,532 91% 49.9 2% 38,147 26,624 5,698 5,183 805 1,440 71,784
Prologis (PLD) 51,217 0% 18.6 5% 38,707 12,929 3,052 0 1,851 3,326 61,852
Equinix (EQIX) 42,256 49% 21.1 2% 22,887 14,137 5,342 2,631 497 2,380 50,291
Public Storage (PSA) 40,864 73% 19.0 15% 11,113 2,319 2,799 2,031 1,707 2,239 42,459
Welltower (WELL) 32,969 24% 21.1 2% 33,149 16,696 5,070 1,220 651 2,182 46,011
Equity Residential (EQR) 29,209 0% 17.9 4% 20,991 10,175 2,638 0 797 1,610 28,900
AvalonBay Communities (AVB) 28,132 0% 19.9 5% 18,933 8,179 2,298 0 917 1,771 35,217
SBA Communications (SBAC) 27,990 76% 50.1 1% 9,269 12,609 1,945 1,476 131 751 37,634
Digital Realty Trust (DLR) 26,438 0% 19.8 1% 23,430 12,939 3,163 0 326 1,889 37,320
Ventas (VTR) 25,377 75% 19.8 2% 22,989 11,890 3,753 2,801 506 1,796 35,585
Realty Income (O) 21,798 0% 17.5 2% 16,749 7,886 1,400 0 391 1,242 21,758
Essex Property Trust (ESS) 20,040 0% 22.7 3% 12,671 6,289 1,422 0 434 1,133 25,731
Boston Properties (BXP) 19,829 41% 11.0 3% 21,268 13,248 2,851 1,172 634 1,704 18,666
Weyerhaeuser (WY) 19,074 20% 27.0 0% 17,029 8,305 6,881 1,372 1 971 26,222
Alexandria Real Estate Equities (ARE) 16,176 0% 20.7 3% 15,480 7,125 1,366 0 392 1,049 21,727
HCP (HCP) 15,617 59% 12.2 7% 13,713 7,094 1,826 1,084 992 1,776 21,696
Extra Space Storage (EXR) 14,252 75% 16.2 6% 8,391 5,562 943 711 464 874 14,196
WP Carey (WPC) 13,963 97% 19.2 3% 14,192 7,201 1,086 1,051 412 1,034 19,878

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-31
Cash7991,1851,717612701
Accounts Receivable
Inventory
PP&E21,26925,18425,05922,36823,548
Assets26,21732,58733,32529,53230,651
Accounts Payable
Long-Term Debt23,05123,56320,84422,502
Liabilities20,40525,51626,31123,55525,409
Stockholders' Equity5,6036,8946,8185,9525,213
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-31
Revenue4,3064,8805,1704,8715,266
Cost of Revenue
Gross Profit
R&D
SG&A153176186197195
Tax416402820
Net Income1,2461,7201,5521,6522,139
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-31
Cash Operating2,0062,5132,7012,7303,025
Cash Investing-994-3,581-948-897-1,463
Cash Financing-1,0101,453-1,221-2,938-1,473