Simon Property Group annual net debt
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2025
Simon Property Group Net Debt Growth & History (SPG)
Simon Property Group's net debt was $28.36B for fiscal 2025.
View full Simon Property Group company overviewSimon Property Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $28.36B | $4.98B | +21.29% |
| 2024 | 2024-12-31 | $23.38B | −$1.96B | −7.75% |
| 2023 | 2023-12-31 | $25.35B | $512.7M | +2.06% |
| 2022 | 2022-12-31 | $24.84B | −$457.4M | −1.81% |
| 2021 | 2021-12-31 | $25.29B | −$933.2M | −3.56% |
| 2020 | 2020-12-31 | $26.23B | $2.22B | +9.23% |
| 2019 | 2019-12-31 | $24.01B | $1.22B | +5.35% |
| 2018 | 2018-12-31 | $22.79B | −$359.0M | −1.55% |
| 2017 | 2017-12-31 | $23.15B | $733.1M | +3.27% |
| 2016 | 2016-12-31 | $22.42B | $701.5M | +3.23% |
| 2015 | 2015-12-31 | $21.72B | $1.47B | +7.29% |
| 2014 | 2014-12-31 | $20.24B | −$738.2M | −3.52% |
| 2013 | 2013-12-31 | $20.98B | −$949.6M | −4.33% |
| 2012 | 2012-12-31 | $21.93B | $4.28B | +24.26% |
| 2011 | 2011-12-31 | $17.65B | $970.7M | +5.82% |
| 2010 | 2010-12-31 | $16.68B | $2.00B | +13.66% |
| 2009 | 2009-12-31 | $14.67B | −$2.60B | −15.04% |
| 2008 | 2008-12-31 | $17.27B | — | — |
Simon Property Group quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $28.41B | $3.72B | +15.08% |
| Q1 2026 | 2026-03-31 | $28.44B | $4.55B | +19.04% |
| Q4 2025 | 2025-12-31 | $28.36B | $4.98B | +21.29% |
| Q3 2025 | 2025-09-30 | $24.77B | $996.6M | +4.19% |
| Q2 2025 | 2025-06-30 | $24.69B | $108.6M | +0.44% |
| Q1 2025 | 2025-03-31 | $23.89B | −$902.5M | −3.64% |
| Q4 2024 | 2024-12-31 | $23.38B | −$1.96B | −7.75% |
| Q3 2024 | 2024-09-30 | $23.77B | −$869.0M | −3.53% |
| Q2 2024 | 2024-06-30 | $24.58B | −$68.9M | −0.28% |
| Q1 2024 | 2024-03-31 | $24.79B | −$116.2M | −0.47% |
| Q4 2023 | 2023-12-31 | $25.35B | $512.7M | +2.06% |
| Q3 2023 | 2023-09-30 | $24.64B | $99.5M | +0.41% |
| Q2 2023 | 2023-06-30 | $24.65B | −$201.0M | −0.81% |
| Q1 2023 | 2023-03-31 | $24.91B | −$249.5M | −0.99% |
| Q4 2022 | 2022-12-31 | $24.84B | −$457.4M | −1.81% |
| Q3 2022 | 2022-09-30 | $24.54B | — | — |
| Q2 2022 | 2022-06-30 | $24.85B | — | — |
| Q1 2022 | 2022-03-31 | $25.16B | −$574.4M | −2.23% |
| Q4 2021 | 2021-12-31 | $25.29B | −$933.2M | −3.56% |
| Q1 2021 | 2021-03-31 | $25.73B | $1.38B | +5.68% |
| Q4 2020 | 2020-12-31 | $26.23B | $2.22B | +9.23% |
| Q2 2020 | 2020-06-30 | $24.48B | — | — |
| Q1 2020 | 2020-03-31 | $24.35B | $1.08B | +4.63% |
| Q4 2019 | 2019-12-31 | $24.01B | $1.22B | +5.35% |
| Q3 2019 | 2019-09-30 | $23.52B | — | — |
| Q1 2019 | 2019-03-31 | $23.27B | −$9.1M | −0.04% |
| Q4 2018 | 2018-12-31 | $22.79B | −$359.0M | −1.55% |
| Q2 2018 | 2018-06-30 | $22.79B | −$143.3M | −0.62% |
| Q1 2018 | 2018-03-31 | $23.28B | $644.8M | +2.85% |
| Q4 2017 | 2017-12-31 | $23.15B | $733.1M | +3.27% |
| Q3 2017 | 2017-09-30 | $22.90B | $638.2M | +2.87% |
| Q2 2017 | 2017-06-30 | $22.93B | $894.4M | +4.06% |
| Q1 2017 | 2017-03-31 | $22.64B | $464.9M | +2.10% |
| Q4 2016 | 2016-12-31 | $22.42B | $701.5M | +3.23% |
| Q3 2016 | 2016-09-30 | $22.26B | $491.6M | +2.26% |
| Q2 2016 | 2016-06-30 | $22.04B | $534.5M | +2.49% |
| Q1 2016 | 2016-03-31 | $22.17B | $1.31B | +6.28% |
| Q4 2015 | 2015-12-31 | $21.72B | $1.47B | +7.29% |
| Q3 2015 | 2015-09-30 | $21.77B | $1.39B | +6.81% |
| Q2 2015 | 2015-06-30 | $21.51B | $1.27B | +6.28% |
| Q1 2015 | 2015-03-31 | $20.86B | −$1.31B | −5.92% |
| Q4 2014 | 2014-12-31 | $20.24B | −$738.2M | −3.52% |
| Q3 2014 | 2014-09-30 | $20.38B | −$1.25B | −5.76% |
| Q2 2014 | 2014-06-30 | $20.24B | −$1.36B | −6.28% |
| Q1 2014 | 2014-03-31 | $22.17B | $430.6M | +1.98% |
| Q4 2013 | 2013-12-31 | $20.98B | −$949.6M | −4.33% |
| Q2 2013 | 2013-09-30 | $21.63B | −$486.6M | −2.20% |
| Q1 2013 · Jun 30 | 2013-06-30 | $21.59B | −$236.3M | −1.08% |
| Q1 2013 · Mar 31 | 2013-03-31 | $21.74B | −$177.4M | −0.81% |
| Q4 2012 | 2012-12-31 | $21.93B | $4.28B | +24.26% |
| Q3 2012 | 2012-09-30 | $22.12B | $4.79B | +27.64% |
| Q2 2012 | 2012-06-30 | $21.83B | $5.60B | +34.54% |
| Q1 2012 | 2012-03-31 | $21.92B | $5.38B | +32.56% |
| Q4 2011 | 2011-12-31 | $17.65B | $970.7M | +5.82% |
| Q3 2011 | 2011-09-30 | $17.33B | $853.3M | +5.18% |
| Q2 2011 | 2011-06-30 | $16.22B | $1.45B | +9.79% |
| Q1 2011 | 2011-03-31 | $16.54B | $1.98B | +13.60% |
| Q4 2010 | 2010-12-31 | $16.68B | $2.00B | +13.66% |
| Q3 2010 | 2010-09-30 | $16.47B | $1.55B | +10.39% |
| Q2 2010 | 2010-06-30 | $14.78B | −$530.2M | −3.46% |
| Q1 2010 | 2010-03-31 | $14.56B | — | — |
| Q4 2009 | 2009-12-31 | $14.67B | −$2.60B | −15.04% |
| Q3 2009 | 2009-09-30 | $14.92B | — | — |
| Q2 2009 | 2009-06-30 | $15.31B | — | — |
| Q4 2008 | 2008-12-31 | $17.27B | — | — |
Simon Property Group net debt trends
Over the last five fiscal years, Simon Property Group's net debt increased from $26.23B to $28.36B, a change of $2.14B. The latest reported quarter, Q2 2026, shows $28.41B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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