Simon Property Group Inc

Chart & Performance

D1W1MN

Profile

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.

URL

https://www.simon.com/

IPO date

Dec 14, 1993

Employees

2,500

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	5,658,836 6.94%	5,291,447 3.41%	5,116,789 11.05%
Cost of revenue	1,096,988	1,143,718	1,115,706
Unusual Expense (Income)
NOPBT	4,561,848	4,147,729	4,001,083
NOPBT Margin	80.61%	78.39%	78.20%
Operating Taxes	81,874	83,512	157,199
Tax Rate	1.79%	2.01%	3.93%
NOPAT	4,479,974	4,064,217	3,843,884
Net income	2,283,126 6.71%	2,139,535 -4.89%	2,249,631 102.20%
Dividends	(2,439,233)	(2,264,007)	(2,351,764)
Dividend yield	5.23%	5.88%	4.48%
Proceeds from repurchase of equity	(518,288)	(187,175)	335,803
BB yield	1.11%	0.49%	-0.64%
Debt
Debt current	2,979,987	497,953	500,000
Long-term debt	24,083,753	25,956,192	26,334,884
Deferred revenue		(278,300)	(259,300)
Other long-term liabilities	3,601,588	535,736	540,912
Net debt	16,358,674	17,685,797	18,258,528
Cash flow
Cash from operating activities	3,930,793	3,766,604	3,637,402
CAPEX	(793,283)	(650,024)	(527,935)
Cash from investing activities	(1,363,181)	(626,564)	(552,764)
Cash from financing activities	(2,020,249)	(3,052,348)	(3,562,315)
FCF	2,352,638	4,259,072	3,607,248
Balance
Cash	2,168,991	621,628	533,936
Long term investments	8,536,075	8,146,720	8,042,420
Excess cash	10,422,124	8,503,776	8,320,517
Stockholders' equity	(5,562,460)	(5,365,011)	(4,927,824)
Invested Capital	36,295,576	35,402,530	35,938,114
ROIC	12.50%	11.39%	10.48%
ROCE	14.84%	13.68%	12.80%
EV
Common stock shares outstanding	326,807	327,817	328,587
Price	142.64 21.42%	117.48 -26.47%	159.77 87.35%
Market cap	46,615,797 21.04%	38,511,905 -26.64%	52,498,367 99.39%
EV	63,680,341	56,924,504	71,837,931
EBITDA	5,823,955	5,439,842	5,326,978
EV/EBITDA	10.93	10.46	13.49
Interest	854,648	762,848	795,712
Interest/NOPBT	18.73%	18.39%	19.89%