SPG
Simon Property Group
$214.57
▲ 1.5%Updated Today 6:01 PM ET
▲ Up 34.5% over the last 12 months
Market Cap
$68.53B
P/E
14.6x
Forward P/E (est.)
10.43x
ROE
126.3%
Revenue Growth
10.9%
EPS Growth
85.1%
Profit Margin
70.6%
FCF Yield
5.3%
Debt / Equity
5.46x
ROIC
8.0%
Interest Coverage
3.26x
Current Ratio
—
Dividend Yield
4.2%
Implied Growth (rev. DCF)
4.1%
Rating Score
73/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what SPG's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. SPG trades near $214.57, above its 50-day average ($204.63) and 200-day average ($190.38). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 54 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. SPG's is $4.49 (~2.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month SPG found buyers near $199.97 (support) and sellers near $220.44 (resistance); its 52-week range is $155.92–$220.44. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.9× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Simon Property Group (SPG) is a large-cap company in the Retail REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $68.53B.
In its latest reported year it generated about $6.36B in revenue.
Our model rates SPG Strong (73/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
5.6%
Revenue moved from $5.12B in 2021 to $6.36B in 2025, a 5.6% compound annual growth rate. The most recent year grew a steady 10.9% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
81.6%
Operating Margin
49.9%
Net Margin
70.6%
ROE
126.3%
Simon Property Group keeps about 70.6% of each sales dollar as net profit, with a 81.6% gross margin and 49.9% operating margin. Return on equity is 126.3% and return on invested capital about 8.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$28.25B
Net Debt
$27.70B
Net Debt / EBITDA
8.72x
Debt / Equity
5.46x
Leverage: debt-to-equity is 5.5x, and operating profit covers interest about 3.3x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $28.25B of total debt against $542.96M of cash.
Operating CF
$4.14B
Free Cash Flow
$3.20B
FCF Margin
50.3%
In the latest year Simon Property Group produced about $4.14B of operating cash flow and $3.20B of free cash flow after capital spending. That is a free-cash-flow yield of about 5.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
14.6x
P/S
10.97x
P/B
11.5x
EV / EBITDA
21.19x
SPG trades at 14.6x trailing earnings (about 10.4x on estimated forward earnings), 11.0x sales, and 11.5x book value. Reverse-engineering today's price implies the market expects roughly 4.1% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How SPG stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
In the Real Estate sector (31 S&P 500 companies), SPG ranks #1 of 31 by our overall rating. It trades at a discount versus the sector on earnings (14.6x P/E vs. 30.8x median) with a higher return on equity (126.3% vs. 8.0%) and faster revenue growth (10.9% vs. 5.3%).
P/E vs sector
14.6x
median 30.8x
ROE vs sector
126.3%
median 8.0%
Growth vs sector
10.9%
median 5.3%
Sector rank
#1
of 31 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.
The case for SPG:
- Revenue is growing 10.9% a year, a sign of real demand.
- High net margins (70.6%) point to pricing power or efficiency.
- Strong return on equity (126.3%) shows capital is put to work well.
- Healthy free-cash-flow yield (~5.3%) funds buybacks and dividends.
- Pays a 4.2% dividend on top of any price gains.
- Our model's overall read is Strong (73/100).
The case against SPG:
- Elevated leverage (debt/equity 5.5x) adds financial risk.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 5.5x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Simon Property Group is a large-cap real estate business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 14.6x earnings, which our model scores Strong (73/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.