Simon Property Group is an S&P 100 retail real estate REIT focused on malls, Premium Outlets, Mills and mixed-use destinations. It reported FY2025 revenue of $6.365B, net income attributable to common stockholders of $4.624B and about 3,600 employees. Eli Simon became CEO and president effective March 23, 2026 after David Simon's death.
Simon Property Group: Latest Financials
FY2025 consolidated revenue was $6.364505B, up from $5.963798B in FY2024. Net income attributable to common stockholders was $4.624275B. In Q1 2026, revenue rose to $1.757093B and management increased full-year 2026 Real Estate FFO guidance.
Current Operating Context
Simon Property Group is a public NYSE REIT led by CEO, president and COO Eli Simon. Q1 2026 revenue increased to $1.757B, the company raised full-year 2026 Real Estate FFO guidance and the portfolio remains centered on premium retail destinations, redevelopment and outlet formats.
Why It Matters
Simon wins because scarce Class A mall and outlet locations give retailers a physical presence that online channels cannot fully replace.