Simon Property Group
Simon’s 10-K shows a portfolio built around large malls and outlets: 108 malls of up to 2.7M sq ft and 70 Premium Outlets. Its 2025 net income ($4.62B) was far above what its $6.36B revenue would usually suggest, so investors should read the 10-K for one-time gains before treating it as recurring.
Last verified: 2026-10-20
Unscored
Public REIT. Sector: retail (malls and outlets).
Not scored. Not investment advice.
Not investment advice. This section describes what companies disclose in their filings. It does not recommend buying, selling or holding any security or fund. Past performance does not predict future results. Read the offering documents and consider talking to a licensed financial adviser before investing.
At a glance
| Legal entity | Simon Property Group, Inc. (NYSE: SPG) |
| Headquarters | Indianapolis, IN |
| Segment | REITs by sector |
| Scale (as published) | About 188.4M sq ft of gross leasable area (2025 10-K) |
| Score | Unscored |
What the sources reveal
Simon’s 10-K shows a portfolio built around large malls and outlets: 108 malls of up to 2.7M sq ft and 70 Premium Outlets. Its 2025 net income ($4.62B) was far above what its $6.36B revenue would usually suggest, so investors should read the 10-K for one-time gains before treating it as recurring.
Key facts
| Fact | Source | Checked |
|---|---|---|
| Malls, Premium Outlets, The Mills, lifestyle centers and other retail properties with about 188.4M sq ft of GLA. | source | |
| 108 malls (about 130,000 to 2.7M sq ft) and 70 Premium Outlets. | source | |
| 2025 revenues $6,364.5M; net income attributable to common stockholders $4,624.3M (XBRL). | source |
Who it’s actually for
- Investors seeking exposure to top-tier malls and outlets.
What we could not verify
- The drivers of 2025 net income: we did not break them out.
- Share price, dividend yield and total return: left out because they change daily.
Related
Realty Income vs Simon Property Group · Investment managers, REITs and platforms hub · All profiles
Last verified 2026-10-20. Figures were re-read from the linked sources that day.
View changelog
- Profile published from sources read this day.
Sources
- Simon Property Group Form 10-K for 2025 · accessed 2026-10-20
Corrections: use our contact page.