Real Estate · NYSE/NASDAQ: SPG
SIMON PROPERTY GROUP INC.
REIT - Retail
Market Cap $81.95B
Verdict: High
Quality Scores
Multi-Bagger
72/100
Compounder Quality
86/100
Management Credibility
92/100
Governance
82/100
Cash Flow Quality
94/100
AI Summary
Simon Property Group (SPG) has demonstrated significant resilience as the premier retail REIT, navigating the structural shifts in retail and a global pandemic with high-quality asset management. Excluding the COVID-impacted 2020 fiscal year, the company has maintained steady growth in revenue and operating income, recently surging to $1.79B in revenues for FY2025. The company's unique position in the Class-A mall and premium outlet space allows for superior pricing power and occupancy levels. Financials show a massive spike in EPS to $9.35 in 2025, suggesting significant asset monetization…
Top Opportunities
- Consistent 50%+ operating margins
- Strong recovery in revenue post-2020
- Robust Cash Flow from Operations ($4.14B)
Top Risks
- Extremely high long-term debt levels ($28.4B)
- High Debt-to-Equity ratio
- Capital intensive maintenance requirements
Latest report: Read the annual report summary →
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