SIMON PROPERTY GROUP INC. (SPG) Stock Analysis

SIMON PROPERTY GROUP INC. (SPG) Stock Analysis

Analysis from 10-Q filed 2025-11-06. Data as of Q4 2025.

Overall Grade: F (Concerning)

SIMON PROPERTY GROUP INC. faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC N/A Below expectations
FCF Margin 58.3% Strong cash generation
Debt/Equity 0.0x Conservative leverage

Investment Thesis: Healthy free cash flow margin of 58.3% provides financial flexibility for growth and shareholder returns.

Explore SIMON PROPERTY GROUP INC.: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: SIMON PROPERTY GROUP INC. earns N/A ROIC

SIMON PROPERTY GROUP INC.'s trailing-twelve-month ROIC of N/A (sector median: 12.6%). Source: 10-Q filed 2025-11-06.

Metric SPG Rating Context
Return on Invested Capital (ROIC) N/A Red flag Below sector median of 12.6%
Return on Equity (ROE) 158.8% Excellent Efficient use of shareholder equity

Cash Flow: SIMON PROPERTY GROUP INC. generates $3.2B FCF at 58.3% margin, positive NaN/8 quarters

SIMON PROPERTY GROUP INC. generated $3.2B in free cash flow (TTM), a 58.3% FCF margin, a margin that ranks Top 25% in Real Estate. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-11-06.

Metric SPG Rating Context
Free Cash Flow Margin 58.3% Excellent Excellent cash conversion
Free Cash Flow (TTM) $3.2B Good Positive cash generation
OCF/Net Income 0.9x Good Potential accrual concerns
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: SIMON PROPERTY GROUP INC. at 0.0x leverage

SIMON PROPERTY GROUP INC.'s debt-to-equity ratio of 0.0x reflects conservative leverage. Source: 10-Q filed 2025-11-06.

Metric SPG Rating Context
Debt to Equity 0.0x Excellent Conservative capital structure

Valuation: SIMON PROPERTY GROUP INC. trades at 13.1x earnings

SIMON PROPERTY GROUP INC. trades at a P/E of 13.1x. Free cash flow yield of 5.3% offers attractive cash returns relative to price.

Metric SPG Rating Context
P/E Ratio 13.1x Adequate Reasonable valuation
EV/Sales 10.8x Warning Growth premium priced in
FCF Yield 5.3% Good Attractive cash return
Dividend Yield 4.6% Good Meaningful income

Capital Allocation: SIMON PROPERTY GROUP INC. returns 4.6% shareholder yield

SIMON PROPERTY GROUP INC.'s total shareholder yield is 4.6% (dividends 4.6% + buybacks). Source: 10-Q filed 2025-11-06.

Metric SPG Rating Context
Total Shareholder Yield 4.6% Good Dividend + buyback yield combined
Total Capital Returned (TTM) $0 Adequate Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Free Cash Flow Margin 58.3% Top 25% 323.7x above
Return on Equity (ROE) 158.8% Top 5% 61.7x above
P/E Ratio 13.1x N/A -

Financial Scorecard

Metric SPG Rating Sector Context
Free Cash Flow Margin 58.3% Excellent Top 25% of sector (median: 0.2%)
Debt to Equity Ratio 0.0% Excellent Conservative capital structure
P/E Ratio (Price-to-Earnings) 13.1x Adequate Attractively valued
Free Cash Flow Yield 5.3% Good Solid cash yield

Frequently Asked Questions

Q: What is SIMON PROPERTY GROUP INC.'s Return on Invested Capital (ROIC)?

SIMON PROPERTY GROUP INC. (SPG) has a trailing twelve-month Return on Invested Capital (ROIC) of N/A. This compares below the sector median of 12.6%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is SIMON PROPERTY GROUP INC.'s Free Cash Flow Margin?

SIMON PROPERTY GROUP INC. (SPG) has a free cash flow margin of 58.3%, generating $3.2 billion in free cash flow over the trailing twelve months. A FCF margin above 20% indicates excellent cash conversion and a high-quality business model.

Q: Is SIMON PROPERTY GROUP INC. stock overvalued or undervalued?

SIMON PROPERTY GROUP INC. (SPG) trades at a P/E ratio of 13.1x, which is above the sector median of N/A. The EV/Sales multiple is 10.8x. Free cash flow yield is 5.3%, which is in line with market averages.

Q: Does SIMON PROPERTY GROUP INC. pay a dividend?

SIMON PROPERTY GROUP INC. (SPG) currently pays a dividend yield of 4.6%. Including share buybacks, the total shareholder yield is 4.6%. A yield above 4% is attractive for income investors, though sustainability should be verified through payout ratio analysis.

Q: What is SIMON PROPERTY GROUP INC.'s revenue and earnings growth?

SIMON PROPERTY GROUP INC. (SPG) declined revenue by 8.4% year-over-year. Earnings per share increased by 95.3% compared to the prior year. Revenue decline may indicate market challenges or industry headwinds.

Q: Is SIMON PROPERTY GROUP INC. buying back stock?

SIMON PROPERTY GROUP INC. (SPG) repurchased $226.8 million of stock over the trailing twelve months. This represents a buyback yield of 0.4%.

Q: How does SIMON PROPERTY GROUP INC. compare to competitors in Real Estate?

Compared to other companies in Real Estate, SIMON PROPERTY GROUP INC. (SPG) shows: ROIC of N/A is below the sector median of 12.6% (NaNx median). FCF margin of 58.3% exceeds the sector median of 0.2% (Top 12% of sector). These rankings are based on MetricDuck's analysis of all Real Estate companies with available SEC filings.

Q: What warning signs should I watch for with SIMON PROPERTY GROUP INC.?

SIMON PROPERTY GROUP INC. (SPG) shows no major financial warning signs based on current metrics. However, investors should always monitor: 1) Margin compression trends, 2) Cash flow consistency, 3) Debt levels relative to cash generation, and 4) Changes in competitive positioning.


Data Source: Data sourced from 10-Q filed 2025-11-06. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.