Simon Earnings Reports

Simon Property Group posted a solid Q3 2025, with increases in EPS, FFO, occupancy, and retail sales per square foot. The company also completed its acquisition of the remaining interest in Taubman Realty Group.

Simon delivered a successful second quarter, driven by portfolio quality and disciplined execution, leading to increased net income and FFO. The company raised its full-year Real Estate FFO guidance and increased its quarterly dividend, reflecting strong operational performance and strategic investments.

Simon Property Group delivered solid operational results in Q1 2025, with increases in NOI and occupancy, while reaffirming its full-year Real Estate FFO guidance despite a year-over-year decline in net income due to non-recurring 2024 gains.

Simon Property Group reported net income attributable to common stockholders of $667.2 million, or $2.04 per diluted share, and FFO of $1.389 billion, or $3.68 per diluted share for the fourth quarter of 2024. Occupancy increased to 96.5% and base minimum rent per square foot increased to $58.26.

Simon Property Group reported net income attributable to common stockholders of $475.2 million, or $1.46 per diluted share, and FFO of $1.067 billion, or $2.84 per diluted share. Domestic property NOI increased 5.4%, and portfolio NOI increased 5.0%. Occupancy reached 96.2% in U.S. Malls and Premium Outlets.

Simon Property Group reported a positive second quarter, marked by increased net income, FFO, and domestic property NOI. The company raised its full-year 2024 guidance and increased its quarterly dividend, reflecting confidence in its retail real estate platforms and transformative redevelopments.

Simon Property Group reported strong first quarter results, driven by leasing momentum and cash flow growth. The company successfully sold its remaining investment in Authentic Brands Group for $1.45 billion. As a result, they increased full-year 2024 guidance and raised the quarterly dividend.

Simon Property Group reported a strong fourth quarter and full year 2023, with net income attributable to common stockholders increasing to $747.5 million, or $2.29 per diluted share. Funds From Operations (FFO) also saw growth, reaching $1.382 billion, or $3.69 per diluted share. The company's domestic property Net Operating Income (NOI) increased by 7.3%, and portfolio NOI increased by 7.2%.

Simon Property Group reported a strong third quarter in 2023, with net income attributable to common stockholders increasing to $594.1 million, or $1.82 per diluted share. Funds From Operations (FFO) also saw a rise, reaching $1.201 billion, or $3.20 per diluted share. The company also increased their full year guidance.

Simon Property Group reported positive second quarter results, increasing the quarterly dividend and raising the full-year 2023 guidance. Net income attributable to common stockholders was $486.3 million, or $1.49 per diluted share. FFO was $1.077 billion, or $2.88 per diluted share. Occupancy increased to 94.7% and base minimum rent per square foot increased to $56.27.

Simon Property Group reported a strong start to 2023, with net income attributable to common stockholders increasing to $451.8 million and FFO reaching $1.026 billion. The company raised its quarterly dividend and increased the mid-point of its full-year 2023 guidance, reflecting confidence in its continued performance.

Simon reported a net income attributable to common stockholders of $673.8 million, or $2.06 per diluted share, and comparable FFO of $1.183 billion, or $3.15 per diluted share, for the fourth quarter of 2022. Occupancy increased to 94.9% at December 31, 2022, and base minimum rent per square foot increased to $55.13.

Simon had an excellent quarter with strong financial and operational performance. Net income attributable to common stockholders was $539.0 million, or $1.65 per diluted share. Comparable FFO was $1.113 billion, or $2.97 per diluted share.

Simon reported a strong second quarter with increased net income, FFO, and NOI. The company raised its quarterly dividend and full-year 2022 guidance, reflecting confidence in continued growth.

Simon Property Group reported strong first quarter results with net income attributable to common stockholders of $426.6 million, or $1.30 per diluted share. Funds From Operations (FFO) was $1.046 billion, or $2.78 per diluted share. The company increased its full-year 2022 guidance and raised its quarterly dividend.

Simon Property Group reported strong fourth-quarter results, with net income attributable to common stockholders at $503.2 million, or $1.53 per diluted share, and FFO at $1.160 billion, or $3.09 per diluted share. The company's occupancy rate increased to 93.4%, and base minimum rent per square foot was $53.91. Simon also provided 2022 guidance, estimating net income to be within a range of $5.90 to $6.10 per diluted share and FFO within a range of $11.50 to $11.70 per diluted share.

Simon Property Group reported impressive third quarter results, driven by growing tenant demand, occupancy gains, accelerated retailer sales, and increased cash flow. The company increased full-year 2021 guidance and raised the quarterly dividend.

Simon Property Group reported a net income of $617.3 million, or $1.88 per diluted share, and FFO of $1.217 billion, or $3.24 per diluted share, for the quarter ended June 30, 2021. The company also increased its full-year 2021 guidance and raised its quarterly dividend.

Simon Property Group reported a net income of $445.9 million and FFO of $934.0 million for the quarter ended March 31, 2021. The company's business has substantially improved, and they are increasing full-year 2021 guidance.

Simon Property Group reported a challenging fourth quarter in 2020, influenced significantly by the COVID-19 pandemic. Despite these difficulties, the company demonstrated resilience through strategic acquisitions and cost management.

Simon Property Group reported solid profitability and substantial improvement in cash flow from operations for Q3 2020. The company is encouraged by increases in shopper traffic, retailer sales and tenant rent collections. As of November 6, 2020, the Company has collected from its U.S. retail portfolio, 85% of its net billed rents for the third quarter.

Simon Property Group reported solid profitability and positive cash flow from operations despite losing nearly 10,500 shopping days in its U.S. portfolio due to the COVID-19 pandemic. The company focused on safety and supported small businesses with rent abatements. As of August 7, 91% of the tenants across the Company's U.S. retail properties were open and operating.

Simon Property Group reported a decrease in net income attributable to common stockholders and FFO per share, primarily due to the impact of COVID-19. The company implemented cost-cutting measures and increased liquidity to navigate the challenges posed by the pandemic.

Simon Property Group reported positive fourth quarter results, concluding a successful year marked by new developments, international expansions, and strategic investments. The company returned approximately $3.3 billion to shareholders during the year and continues to strengthen its portfolio through innovative investment activities.