Company Quick10K Filing
Simon Property Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 362 $70,696
10-K 2020-02-21 Annual: 2019-12-31
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 2020-03-16 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
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) 98,992 72% 32.8 4% 39,307 32,937 7,788 5,620 1,640 3,624 119,027
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) 57,630 69% 52.3 2% 38,344 27,019 5,837 4,008 913 1,440 75,273
Prologis (PLD) 56,208 0% 21.8 5% 39,448 13,513 3,312 0 1,966 3,063 66,730
Equinix (EQIX) 49,567 49% 29.5 2% 22,842 14,081 5,455 2,700 493 1,957 57,636
Public Storage (PSA) 42,781 54% 19.6 15% 11,414 2,625 2,822 1,520 1,726 2,260 44,216
Welltower (WELL) 36,282 36% 22.9 3% 31,864 15,168 5,100 1,831 1,090 2,116 48,408
Equity Residential (EQR) 33,567 0% 25.1 3% 21,054 10,152 2,017 0 708 1,334 33,483
AvalonBay Communities (AVB) 29,966 0% 22.3 5% 19,060 8,242 2,310 0 1,004 1,660 37,054
SBA Communications (SBAC) 28,336 57% 55.8 1% 9,201 12,747 1,985 1,129 137 683 38,108
Digital Realty Trust (DLR) 28,117 0% 26.4 1% 23,173 12,943 3,200 0 304 1,479 39,101
Ventas (VTR) 27,433 25% 18.6 2% 24,804 13,731 3,800 942 490 1,464 27,225
Realty Income (O) 25,137 0% 25.8 2% 17,180 7,862 1,094 0 308 966 24,878
Essex Property Trust (ESS) 22,280 0% 28.7 3% 12,998 6,544 1,085 0 454 977 28,052
Boston Properties (BXP) 20,149 56% 13.4 3% 21,289 13,286 2,908 1,629 625 1,448 19,344
Weyerhaeuser (WY) 20,746 13% 49.6 -1% 16,832 8,233 6,649 895 -155 570 28,299
Alexandria Real Estate Equities (ARE) 17,631 0% 28.6 2% 17,058 8,095 1,432 0 320 837 23,935
HCP (HCP) 12,016 31% 18.2 1% 13,084 7,444 1,848 570 181 1,022 18,652
Extra Space Storage (EXR) 16,083 57% 21.2 5% 8,318 5,410 1,280 724 440 756 16,016
WP Carey (WPC) 15,339 76% 23.6 3% 14,084 7,119 1,195 909 372 892 21,048

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-31
Cash7991,1851,7176127010000
Accounts Receivable0000
Inventory0000
PP&E21,26925,18425,05922,36823,5480000
Assets26,21732,58733,32529,53230,6510000
Accounts Payable0000
Long-Term Debt23,05123,56320,84422,5020000
Liabilities20,40525,51626,31123,55525,4090000
Stockholders' Equity5,6036,8946,8185,9525,2130000
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-31
Revenue4,3064,8805,1704,8715,2660000
Cost of Revenue0000
Gross Profit0000
R&D0000
SG&A1531761861971950000
Tax4164028200000
Net Income1,2461,7201,5521,6522,1390000
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-31
Cash Operating2,0062,5132,7012,7303,0250000
Cash Investing-994-3,581-948-897-1,4630000
Cash Financing-1,0101,453-1,221-2,938-1,4730000