What is the current annual net margin of SPG?

As of today, SPG annual net margin is 84.28%

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

SPG annual net margin is up +84.18% year-over-year

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

SPG annual net margin is up +81.83% over the past 3 years

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

SPG annual net margin is currently at its all-time high

How does SPG annual net margin rank versus sector peers?

SPG annual net margin is higher than 98.80% 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 net margin of SPG?

As of today, SPG quarterly net margin is 32.36%

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

SPG quarterly net margin is down -0.25% year-over-year

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

SPG quarterly net margin is currently -46.12% below its historical high of 60.06% set on September 30, 2021

How does SPG quarterly net margin rank versus sector peers?

SPG quarterly net margin is higher than 86.02% of companies in Real Estate sector

When is SPG next earnings release?

The next earnings release for SPG is on August 10, 2026

SPG Net Margin History & Chart Since 1993

Annual Net Margin

84.28%38.52%+84.18%

December 31, 2025

Summary

Current Value: As of today, SPG annual net margin is 84.28%, up +84.18% on December 31, 2025
Historical Performance: SPG annual net margin is up +81.83% over the past 3 years, up +203.71% over the past 5 years
All-Time High Comparison: SPG annual net margin is currently at its all-time high
3-Year Low Comparison: SPG annual net margin is +84.18% above its 3-year low of 45.76% reached on December 31, 2024
Sector Comparison: SPG annual net margin is higher than 98.80% of companies in Real Estate sector

Net Margin Chart

beforeafter

Performance

SPG Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	84.28%	+84.2%	+81.8%	+203.7%	+653.9%
Quarterly Net Margin	Mar 31, 26	32.36%	-0.3%	-15.8%	-21.4%	+50.4%
Price	Jul 31, 26	$229.37	+40.0%	+84.1%	+81.3%	+102.3%
PE Ratio	Jul 31, 26	41.97	+81.1%	+118.3%	+53.2%	-32.8%
Annual Revenue	Dec 31, 25	$6.36B	+6.7%	+20.3%	+38.3%	+61.5%
Annual Net Income	Dec 31, 25	$5.36B	+96.6%	+118.7%	+319.9%	+1117.3%
Annual Gross Margin	Dec 31, 25	59.49%	-2.9%	+2.8%	+14.2%	+8.3%
Annual Operating Margin	Dec 31, 25	48.54%	-6.4%	-1.1%	+13.6%	+10.7%

Net Margin Highs

SPG Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	84.28%	Dec 31, 25	at high
5Y	84.28%	Dec 31, 25	at high
All	84.28%	Dec 31, 25	at high

Net Margin Lows

SPG Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	45.76%	Dec 31, 24	+84.2%
5Y	27.75%	N/A	+203.7%
All	4.53%	Dec 31, 93	+1760.5%

Net Margin History

Year	Value	Change
2025	84.28%	+84.2%
2024	45.76%	-1.1%
2023	46.25%	-0.2%
2022	46.35%	-7.7%
2021	50.22%	+81.0%
2020	27.75%	-35.2%
2019	42.81%	-14.4%
2018	50.04%	+23.5%
2017	40.53%	+3.2%
2016	39.28%	-5.6%
2015	41.61%	+38.5%
2014	30.05%	+7.7%
2013	27.89%	+13.1%
2012	24.67%	+2.8%
2011	23.99%	+114.6%
2010	11.18%	-8.6%
2009	12.23%	-25.7%

Year	Value	Change
2008	16.45%	-5.9%
2007	17.49%	-1.0%
2006	17.66%	+18.7%
2005	14.88%	-14.6%
2004	17.42%	-12.2%
2003	19.85%	-22.2%
2002	25.52%	+78.2%
2001	14.32%	-21.2%
2000	18.18%	+9.7%
1999	16.58%	-4.2%
1998	17.30%	-12.5%
1997	19.77%	+6.3%
1996	18.59%	-1.2%
1995	18.82%	+39.1%
1994	13.53%	+198.7%
1993	4.53%	-

FAQ

What is the current annual net margin of SPG?: As of today, SPG annual net margin is 84.28%
What is 1-year change in SPG annual net margin?: SPG annual net margin is up +84.18% year-over-year
What is 3-year change in SPG annual net margin?: SPG annual net margin is up +81.83% over the past 3 years
How far is SPG annual net margin from its all-time high?: SPG annual net margin is currently at its all-time high
How does SPG annual net margin rank versus sector peers?: SPG annual net margin is higher than 98.80% 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

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

32.36%

March 31, 2026

Summary

Current Value: As of today, SPG quarterly net margin is 32.36%
Historical Performance: SPG quarterly net margin is down -0.25% year-over-year, down -15.82% over the past 3 years
All-Time High Comparison: SPG quarterly net margin is currently -46.12% below its historical high of 60.06% set on September 30, 2021
3-Year Low Comparison: SPG quarterly net margin is at its 3-year low
Sector Comparison: SPG quarterly net margin is higher than 86.02% of companies in Real Estate sector

Performance

SPG Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Mar 31, 26	32.36%	–	-0.3%	-15.8%	-21.4%
Annual Net Margin	Dec 31, 25	84.28%	–	+84.2%	+81.8%	+203.7%
Price	Jul 31, 26	$229.37	+12.6%	+40.0%	+84.1%	+81.3%
PE Ratio	Jul 31, 26	41.97	+12.6%	+81.1%	+118.3%	+53.2%
Quarterly Revenue	Mar 31, 26	$1.76B	-1.9%	+19.3%	+30.1%	+41.7%
Quarterly Net Income	Mar 31, 26	$568.54M	-84.1%	+19.0%	+9.5%	+11.4%
Quarterly Gross Margin	Mar 31, 26	54.14%	-8.1%	-8.4%	-8.4%	-4.1%
Quarterly Operating Margin	Mar 31, 26	43.38%	-12.7%	-12.2%	-11.6%	-11.0%

Quarterly Net Margin Highs

SPG Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	43.88%	Sep 30, 25	-26.3%
3Y	58.31%	Mar 31, 24	-44.5%
5Y	60.06%	Sep 30, 21	-46.1%
All	60.06%	Sep 30, 21	-46.1%

Quarterly Net Margin Lows

SPG Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	32.36%	Mar 31, 26	at low
3Y	32.36%	Mar 31, 26	at low
5Y	32.36%	Mar 31, 26	at low
All	-6.21%	Dec 31, 97	+621.1%

Quarterly Net Margin History

Month	Value	Change
Mar 2026	32.36%	-26.3%
Sep 2025	43.88%	+2.1%
Jun 2025	42.96%	+32.4%
Mar 2025	32.44%	-36.6%
Dec 2024	51.19%	+38.7%
Sep 2024	36.92%	-5.5%
Jun 2024	39.05%	-33.0%
Mar 2024	58.31%	+0.3%
Dec 2023	58.15%	+20.5%
Sep 2023	48.25%	+18.5%
Jun 2023	40.71%	+5.9%
Mar 2023	38.44%	-30.4%
Dec 2022	55.20%	+16.8%
Sep 2022	47.26%	+7.9%
Jun 2022	43.78%	+18.3%
Mar 2022	37.02%	-14.4%
Dec 2021	43.26%	-28.0%
Sep 2021	60.06%	+6.7%
Jun 2021	56.28%	+36.7%
Mar 2021	41.17%	+48.9%
Dec 2020	27.65%	+73.6%
Sep 2020	15.93%	-41.9%
Jun 2020	27.40%	-26.7%
Mar 2020	37.37%	-5.9%
Dec 2019	39.71%	-10.6%
Sep 2019	44.43%	+8.3%
Jun 2019	41.04%	-11.4%
Mar 2019	46.30%	-18.9%
Dec 2018	57.07%	+23.7%
Sep 2018	46.14%	+1.5%
Jun 2018	45.48%	-17.4%
Mar 2018	55.07%	+19.1%
Dec 2017	46.22%	+7.3%
Sep 2017	43.09%	+32.9%
Jun 2017	32.42%	-20.8%
Mar 2017	40.95%	+28.2%
Dec 2016	31.95%	-26.2%
Sep 2016	43.32%	+8.1%
Jun 2016	40.09%	-5.0%
Mar 2016	42.18%	-15.5%
Dec 2015	49.93%	+33.5%
Sep 2015	37.39%	-6.5%
Jun 2015	39.97%	+14.0%
Mar 2015	35.06%	-3.9%
Dec 2014	36.49%	+61.0%
Sep 2014	22.67%	-24.8%
Jun 2014	30.16%	-0.6%
Mar 2014	30.34%	-1.8%
Dec 2013	30.90%	+12.0%
Sep 2013	27.58%	+2.4%
Jun 2013	26.94%	+4.2%
Mar 2013	25.85%	-0.9%
Dec 2012	26.09%	+3.2%
Sep 2012	25.28%	+14.6%
Jun 2012	22.06%	-14.4%
Mar 2012	25.77%	-5.3%
Dec 2011	27.20%	+14.0%
Sep 2011	23.87%	+5.6%
Jun 2011	22.61%	+5.1%
Mar 2011	21.51%	-12.6%
Dec 2010	24.61%	+1,845.4%
Sep 2010	-1.41%	-107.9%
Jun 2010	17.76%	+1,010.0%
Mar 2010	1.60%	-91.3%
Dec 2009	18.43%	+22.0%
Sep 2009	15.11%	+1,062.4%

Month	Value	Change
Jun 2009	-1.57%	-109.8%
Mar 2009	15.98%	-24.6%
Dec 2008	21.18%	+23.8%
Sep 2008	17.11%	+37.5%
Jun 2008	12.44%	-14.0%
Mar 2008	14.46%	-39.0%
Dec 2007	23.70%	+44.9%
Sep 2007	16.36%	+43.0%
Jun 2007	11.44%	-33.7%
Mar 2007	17.25%	-23.8%
Dec 2006	22.65%	+33.9%
Sep 2006	16.92%	+7.3%
Jun 2006	15.77%	+0.6%
Mar 2006	15.67%	-19.4%
Dec 2005	19.45%	+36.8%
Sep 2005	14.22%	+3.9%
Jun 2005	13.69%	+15.9%
Mar 2005	11.81%	-45.3%
Dec 2004	21.58%	+22.1%
Sep 2004	17.67%	-2.3%
Jun 2004	18.08%	+33.2%
Mar 2004	13.57%	-49.9%
Dec 2003	27.06%	+72.9%
Sep 2003	15.65%	-13.1%
Jun 2003	18.01%	+4.8%
Mar 2003	17.19%	-23.3%
Dec 2002	22.40%	+20.4%
Sep 2002	18.60%	-60.1%
Jun 2002	46.62%	+249.0%
Mar 2002	13.36%	+74.6%
Dec 2001	7.65%	-47.2%
Sep 2001	14.48%	-3.5%
Jun 2001	15.01%	+12.9%
Mar 2001	13.29%	-46.2%
Dec 2000	24.72%	+55.6%
Sep 2000	15.89%	-0.7%
Jun 2000	16.00%	+5.8%
Mar 2000	15.13%	-22.8%
Dec 1999	19.61%	+22.6%
Sep 1999	16.00%	0.0%
Jun 1999	16.00%	+1.3%
Mar 1999	15.80%	+4.4%
Dec 1998	15.14%	+31.8%
Sep 1998	11.49%	-13.8%
Jun 1998	13.33%	-8.4%
Mar 1998	14.55%	+334.3%
Dec 1997	-6.21%	-118.6%
Sep 1997	33.31%	+75.3%
Jun 1997	19.00%	+216.1%
Mar 1997	6.01%	-72.3%
Dec 1996	21.73%	+70.2%
Sep 1996	12.77%	-22.3%
Jun 1996	16.44%	+53.8%
Mar 1996	10.69%	-81.4%
Dec 1995	57.58%	+297.4%
Sep 1995	14.49%	+36.3%
Jun 1995	10.63%	+11.5%
Mar 1995	9.53%	+616.5%
Dec 1994	1.33%	-82.1%
Sep 1994	7.42%	+22.0%
Jun 1994	6.08%	-58.5%
Mar 1994	14.65%	+55.4%
Dec 1993	9.43%	+21.2%
Sep 1993	7.78%	0.0%
Jun 1993	7.78%	+1.2%
Mar 1993	7.69%	-

FAQ

What is the current quarterly net margin of SPG?: As of today, SPG quarterly net margin is 32.36%
What is 1-year change in SPG quarterly net margin?: SPG quarterly net margin is down -0.25% year-over-year
How far is SPG quarterly net margin from its all-time high?: SPG quarterly net margin is currently -46.12% below its historical high of 60.06% set on September 30, 2021
How does SPG quarterly net margin rank versus sector peers?: SPG quarterly net margin is higher than 86.02% of companies in Real Estate sector
When is SPG next earnings release?: The next earnings release for SPG is on August 10, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

SPG Official Website www.simon.com
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