What is the current annual gross margin of SPG?

As of today, SPG annual gross margin is 59.49%

What is 1-year change in SPG annual gross margin?

SPG annual gross margin is down -2.94% year-over-year

What is 3-year change in SPG annual gross margin?

SPG annual gross margin is up +2.76% over the past 3 years

How far is SPG annual gross margin from its all-time high?

SPG annual gross margin is currently -9.06% below its historical high of 65.42% set on December 31, 1996

How does SPG annual gross margin rank versus sector peers?

SPG annual gross margin is higher than 72.18% of companies in Real Estate sector

When is SPG next annual earnings release?

As of today, the next annual earnings release for SPG has not been scheduled

What is the current quarterly gross margin of SPG?

As of today, SPG quarterly gross margin is 58.91%

What is SPG quarterly gross margin most recent change?

SPG quarterly gross margin was down -2.95% on December 31, 2025

What is 1-year change in SPG quarterly gross margin?

SPG quarterly gross margin is down -5.17% year-over-year

How far is SPG quarterly gross margin from its all-time high?

SPG quarterly gross margin is currently -12.95% below its historical high of 67.67% set on December 31, 1998

How does SPG quarterly gross margin rank versus sector peers?

SPG quarterly gross margin is higher than 73.18% of companies in Real Estate sector

When is SPG next earnings release?

The next earnings release for SPG is on May 11, 2026

SPG Gross Margin History & Chart Since 1993

Annual Gross Margin

59.49%1.80%-2.94%

December 31, 2025

Summary

Current Value: As of today, SPG annual gross margin is 59.49%, down -2.94% on December 31, 2025
Historical Performance: SPG annual gross margin is up +2.76% over the past 3 years, up +14.21% over the past 5 years
All-Time High Comparison: SPG annual gross margin is currently -9.06% below its historical high of 65.42% set on December 31, 1996
3-Year Low Comparison: SPG annual gross margin is +2.76% above its 3-year low of 57.89% reached on an earlier date
Sector Comparison: SPG annual gross margin is higher than 72.18% of companies in Real Estate sector

Gross Margin Chart

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Series

Performance

SPG Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	59.49%	-2.9%	+2.8%	+14.2%	+8.3%
Quarterly Gross Margin	Dec 31, 25	58.91%	-5.2%	+1.0%	+14.1%	+2.5%
Price	Feb 20, 26	$201.70	+8.0%	+63.1%	+84.3%	+98.6%
PE Ratio	Feb 20, 26	35.73	+44.4%	+93.2%	+30.5%	-64.2%
Annual Revenue	Dec 31, 25	$6.36B	+6.7%	+20.3%	+38.3%	+61.5%
Annual Gross Profit	Dec 31, 25	$3.79B	+3.6%	+23.6%	+57.9%	+74.8%
Annual Operating Margin	Dec 31, 25	48.54%	-6.4%	-1.1%	+13.6%	+10.7%
Annual Net Margin	Dec 31, 25	84.28%	+84.2%	+81.8%	+203.7%	+653.9%

Gross Margin Highs

SPG Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	61.29%	Dec 31, 24	-2.9%
5Y	61.29%	Dec 31, 24	-2.9%
All	65.42%	Dec 31, 96	-9.1%

Gross Margin Lows

SPG Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	57.89%	N/A	+2.8%
5Y	52.09%	N/A	+14.2%
All	51.24%	Dec 31, 06	+16.1%

Gross Margin History

Year	Value	Change
2025	59.49%	-2.9%
2024	61.29%	+3.0%
2023	59.52%	+2.8%
2022	57.89%	+2.8%
2021	56.33%	+8.1%
2020	52.09%	-10.6%
2019	58.27%	-1.9%
2018	59.39%	+0.2%
2017	59.28%	+0.3%
2016	59.09%	-0.5%
2015	59.41%	-1.3%
2014	60.22%	+7.5%
2013	56.02%	+1.9%
2012	54.99%	-0.5%
2011	55.28%	+0.6%
2010	54.94%	+3.8%
2009	52.95%	-0.9%

Year	Value	Change
2008	53.45%	-1.3%
2007	54.16%	+5.7%
2006	51.24%	-14.4%
2005	59.85%	+13.1%
2004	52.92%	-2.7%
2003	54.37%	+5.8%
2002	51.39%	-1.4%
2001	52.13%	-3.8%
2000	54.20%	-15.7%
1999	64.32%	-0.8%
1998	64.82%	+1.0%
1997	64.17%	-1.9%
1996	65.42%	+1.1%
1995	64.71%	+0.2%
1994	64.59%	+2.9%
1993	62.77%	-

FAQ

What is the current annual gross margin of SPG?
As of today, SPG annual gross margin is 59.49%
What is 1-year change in SPG annual gross margin?
SPG annual gross margin is down -2.94% year-over-year
What is 3-year change in SPG annual gross margin?
SPG annual gross margin is up +2.76% over the past 3 years
How far is SPG annual gross margin from its all-time high?
SPG annual gross margin is currently -9.06% below its historical high of 65.42% set on December 31, 1996
How does SPG annual gross margin rank versus sector peers?
SPG annual gross margin is higher than 72.18% of companies in Real Estate sector
When is SPG next annual earnings release?
As of today, the next annual earnings release for SPG has not been scheduled

Quarterly Gross Margin

58.91%1.79%-2.95%

December 31, 2025

Summary

Current Value: As of today, SPG quarterly gross margin is 58.91%, down -2.95% on December 31, 2025
Historical Performance: SPG quarterly gross margin is down -5.17% year-over-year, up +1.03% over the past 3 years
All-Time High Comparison: SPG quarterly gross margin is currently -12.95% below its historical high of 67.67% set on December 31, 1998
3-Year Low Comparison: SPG quarterly gross margin is +1.24% above its 3-year low of 58.19% reached on June 30, 2023
Sector Comparison: SPG quarterly gross margin is higher than 73.18% of companies in Real Estate sector

Performance

SPG Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Dec 31, 25	58.91%	-3.0%	-5.2%	+1.0%	+14.1%
Annual Gross Margin	Dec 31, 25	59.49%	–	-2.9%	+2.8%	+14.2%
Price	Feb 20, 26	$201.70	+12.0%	+8.0%	+63.1%	+84.3%
PE Ratio	Feb 20, 26	35.73	+44.3%	+44.4%	+93.2%	+30.5%
Quarterly Revenue	Dec 31, 25	$1.79B	+11.9%	+13.2%	+28.0%	+58.4%
Quarterly Gross Profit	Dec 31, 25	$1.06B	+8.6%	+7.4%	+29.3%	+80.8%
Quarterly Operating Margin	Dec 31, 25	40.91%	-19.4%	-22.6%	-16.3%	+0.3%
Quarterly Net Margin	Dec 31, 25	-	–	–	–	–

Quarterly Gross Margin Highs

SPG Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	62.12%	N/A	-5.2%
3Y	62.28%	Dec 31, 23	-5.4%
5Y	62.28%	Dec 31, 23	-5.4%
All	67.67%	Dec 31, 98	-12.9%

Quarterly Gross Margin Lows

SPG Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	58.91%	Dec 31, 25	at low
3Y	58.19%	Jun 30, 23	+1.2%
5Y	51.63%	N/A	+14.1%
All	47.46%	Sep 30, 20	+24.1%

Quarterly Gross Margin History

Month	Value	Change
Dec 2025	58.91%	-2.9%
Sep 2025	60.70%	+2.4%
Jun 2025	59.26%	+0.3%
Mar 2025	59.10%	-4.9%
Dec 2024	62.12%	+2.0%
Sep 2024	60.93%	-0.8%
Jun 2024	61.43%	+1.4%
Mar 2024	60.60%	-2.7%
Dec 2023	62.28%	+7.0%
Sep 2023	58.19%	0.0%
Jun 2023	58.19%	-1.6%
Mar 2023	59.13%	+1.4%
Dec 2022	58.31%	+0.7%
Sep 2022	57.88%	+0.5%
Jun 2022	57.59%	-0.2%
Mar 2022	57.73%	+4.0%
Dec 2021	55.53%	-2.4%
Sep 2021	56.90%	+0.7%
Jun 2021	56.50%	+0.1%
Mar 2021	56.47%	+9.4%
Dec 2020	51.63%	+8.8%
Sep 2020	47.46%	-5.8%
Jun 2020	50.39%	-12.2%
Mar 2020	57.42%	-5.5%
Dec 2019	60.76%	+5.3%
Sep 2019	57.69%	+0.8%
Jun 2019	57.21%	-0.1%
Mar 2019	57.24%	-4.7%
Dec 2018	60.05%	+2.7%
Sep 2018	58.47%	-2.4%
Jun 2018	59.90%	-5.0%
Mar 2018	63.07%	+5.0%
Dec 2017	60.05%	+0.5%
Sep 2017	59.78%	+2.2%
Jun 2017	58.51%	-1.4%
Mar 2017	59.34%	-0.1%
Dec 2016	59.38%	+2.0%
Sep 2016	58.24%	-1.4%
Jun 2016	59.05%	-1.0%
Mar 2016	59.67%	-1.1%
Dec 2015	60.31%	-0.4%
Sep 2015	60.58%	-3.4%
Jun 2015	62.71%	+5.9%
Mar 2015	59.23%	-4.4%
Dec 2014	61.97%	+2.3%
Sep 2014	60.57%	+2.0%
Jun 2014	59.37%	+3.8%
Mar 2014	57.19%	-4.3%
Dec 2013	59.78%	+8.2%
Sep 2013	55.24%	+0.9%
Jun 2013	54.76%	-1.1%
Mar 2013	55.37%	-2.2%
Dec 2012	56.64%	+4.2%
Sep 2012	54.37%	+0.7%
Jun 2012	53.97%	-1.8%
Mar 2012	54.94%	-4.6%

Month	Value	Change
Dec 2011	57.60%	+5.2%
Sep 2011	54.75%	-0.0%
Jun 2011	54.76%	+0.7%
Mar 2011	54.38%	-5.4%
Dec 2010	57.50%	+8.8%
Sep 2010	52.87%	-3.5%
Jun 2010	54.81%	+1.2%
Mar 2010	54.15%	-7.3%
Dec 2009	58.42%	+13.5%
Sep 2009	51.46%	+1.6%
Jun 2009	50.66%	+0.1%
Mar 2009	50.60%	-9.6%
Dec 2008	55.98%	+7.3%
Sep 2008	52.15%	-1.5%
Jun 2008	52.95%	+1.1%
Mar 2008	52.38%	-11.4%
Dec 2007	59.09%	+11.0%
Sep 2007	53.23%	+4.9%
Jun 2007	50.72%	-3.6%
Mar 2007	52.63%	-5.9%
Dec 2006	55.95%	+10.2%
Sep 2006	50.78%	-1.0%
Jun 2006	51.30%	+3.5%
Mar 2006	49.57%	-8.3%
Dec 2005	54.08%	+8.9%
Sep 2005	49.68%	-0.4%
Jun 2005	49.87%	-14.2%
Mar 2005	58.13%	+3.4%
Dec 2004	56.23%	+9.8%
Sep 2004	51.19%	-0.4%
Jun 2004	51.38%	-0.1%
Mar 2004	51.41%	-24.0%
Dec 2003	67.64%	+34.7%
Sep 2003	50.22%	-4.6%
Jun 2003	52.65%	-0.5%
Mar 2003	52.94%	-10.5%
Dec 2002	59.16%	+19.1%
Sep 2002	49.66%	+3.4%
Jun 2002	48.01%	-4.0%
Mar 2002	49.99%	-6.2%
Dec 2001	53.32%	+1.9%
Sep 2001	52.33%	+2.1%
Jun 2001	51.26%	-0.4%
Mar 2001	51.47%	-20.9%
Dec 2000	65.08%	+23.8%
Sep 2000	52.57%	-1.3%
Jun 2000	53.28%	-0.1%
Mar 2000	53.36%	-16.7%
Dec 1999	64.08%	+0.1%
Sep 1999	64.00%	-1.1%
Jun 1999	64.68%	+1.1%
Mar 1999	63.98%	-5.5%
Dec 1998	67.67%	+8.1%
Sep 1998	62.62%	-3.6%
Jun 1998	64.95%	+2.6%
Mar 1998	63.30%	-

FAQ

What is the current quarterly gross margin of SPG?
As of today, SPG quarterly gross margin is 58.91%
What is SPG quarterly gross margin most recent change?
SPG quarterly gross margin was down -2.95% on December 31, 2025
What is 1-year change in SPG quarterly gross margin?
SPG quarterly gross margin is down -5.17% year-over-year
How far is SPG quarterly gross margin from its all-time high?
SPG quarterly gross margin is currently -12.95% below its historical high of 67.67% set on December 31, 1998
How does SPG quarterly gross margin rank versus sector peers?
SPG quarterly gross margin is higher than 73.18% of companies in Real Estate sector
When is SPG next earnings release?
The next earnings release for SPG is on May 11, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

SPG Official Website www.simon.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1063761/000110465926009209/0001104659-26-009209-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1063761/000110465926009209/0001104659-26-009209-index.htm
SPG Profile on Yahoo Finance finance.yahoo.com/quote/SPG
SPG Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/spg