Simon Property Group Inc
NYSE:SPG
Income Statement
Earnings Waterfall
Simon Property Group Inc
Revenue
|
5.7B
USD
|
Cost of Revenue
|
-1B
USD
|
Gross Profit
|
4.6B
USD
|
Operating Expenses
|
-1.8B
USD
|
Operating Income
|
2.8B
USD
|
Other Expenses
|
-527.2m
USD
|
Net Income
|
2.3B
USD
|
Income Statement
Simon Property Group Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 544
N/A
|
4 640
+2%
|
4 737
+2%
|
4 825
+2%
|
4 871
+1%
|
4 930
+1%
|
5 097
+3%
|
5 183
+2%
|
5 266
+2%
|
5 387
+2%
|
5 353
-1%
|
5 390
+1%
|
5 435
+1%
|
5 444
+0%
|
5 491
+1%
|
5 537
+1%
|
5 527
0%
|
5 576
+1%
|
5 599
+0%
|
5 600
+0%
|
5 645
+1%
|
5 704
+1%
|
5 716
+0%
|
5 729
+0%
|
5 755
+0%
|
5 656
-2%
|
5 321
-6%
|
4 965
-7%
|
4 608
-7%
|
4 494
-2%
|
4 686
+4%
|
4 922
+5%
|
5 117
+4%
|
5 173
+1%
|
5 198
+0%
|
5 218
+0%
|
5 291
+1%
|
5 346
+1%
|
5 436
+2%
|
5 531
+2%
|
5 659
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(838)
|
(857)
|
(866)
|
(877)
|
(883)
|
(900)
|
(916)
|
(941)
|
(960)
|
(962)
|
(969)
|
(972)
|
(971)
|
(969)
|
(976)
|
(977)
|
(980)
|
(999)
|
(993)
|
(999)
|
(1 008)
|
(1 008)
|
(1 015)
|
(1 017)
|
(1 022)
|
(1 014)
|
(972)
|
(931)
|
(887)
|
(864)
|
(891)
|
(916)
|
(971)
|
(985)
|
(999)
|
(1 004)
|
(1 001)
|
(1 008)
|
(1 017)
|
(1 039)
|
(1 028)
|
|
Gross Profit |
3 706
N/A
|
3 783
+2%
|
3 871
+2%
|
3 948
+2%
|
3 988
+1%
|
4 030
+1%
|
4 182
+4%
|
4 242
+1%
|
4 306
+2%
|
4 424
+3%
|
4 385
-1%
|
4 418
+1%
|
4 464
+1%
|
4 476
+0%
|
4 514
+1%
|
4 560
+1%
|
4 547
0%
|
4 577
+1%
|
4 606
+1%
|
4 601
0%
|
4 637
+1%
|
4 696
+1%
|
4 701
+0%
|
4 712
+0%
|
4 734
+0%
|
4 641
-2%
|
4 348
-6%
|
4 034
-7%
|
3 720
-8%
|
3 631
-2%
|
3 795
+5%
|
4 006
+6%
|
4 146
+3%
|
4 188
+1%
|
4 199
+0%
|
4 213
+0%
|
4 290
+2%
|
4 338
+1%
|
4 419
+2%
|
4 492
+2%
|
4 630
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 517)
|
(1 536)
|
(1 572)
|
(1 590)
|
(1 603)
|
(1 606)
|
(1 617)
|
(1 627)
|
(1 637)
|
(1 670)
|
(1 673)
|
(1 688)
|
(1 743)
|
(1 763)
|
(1 775)
|
(1 806)
|
(1 745)
|
(1 749)
|
(1 737)
|
(1 699)
|
(1 711)
|
(1 725)
|
(1 777)
|
(1 805)
|
(1 826)
|
(1 925)
|
(1 864)
|
(1 861)
|
(1 749)
|
(1 709)
|
(1 722)
|
(1 722)
|
(1 733)
|
(1 759)
|
(1 748)
|
(1 743)
|
(1 707)
|
(1 712)
|
(1 762)
|
(1 793)
|
(1 823)
|
|
Selling, General & Administrative |
(319)
|
(323)
|
(342)
|
(358)
|
(395)
|
(352)
|
(349)
|
(347)
|
(389)
|
(369)
|
(362)
|
(363)
|
(405)
|
(371)
|
(368)
|
(356)
|
(338)
|
(334)
|
(327)
|
(328)
|
(335)
|
(345)
|
(357)
|
(366)
|
(375)
|
(371)
|
(335)
|
(302)
|
(293)
|
(270)
|
(289)
|
(325)
|
(329)
|
(343)
|
(345)
|
(329)
|
(327)
|
(332)
|
(349)
|
(356)
|
(373)
|
|
Depreciation & Amortization |
(1 108)
|
(1 117)
|
(1 131)
|
(1 133)
|
(1 144)
|
(1 152)
|
(1 160)
|
(1 168)
|
(1 178)
|
(1 190)
|
(1 198)
|
(1 220)
|
(1 253)
|
(1 263)
|
(1 282)
|
(1 287)
|
(1 276)
|
(1 282)
|
(1 279)
|
(1 279)
|
(1 283)
|
(1 294)
|
(1 327)
|
(1 345)
|
(1 341)
|
(1 340)
|
(1 312)
|
(1 311)
|
(1 318)
|
(1 306)
|
(1 297)
|
(1 275)
|
(1 263)
|
(1 257)
|
(1 240)
|
(1 230)
|
(1 227)
|
(1 224)
|
(1 246)
|
(1 259)
|
(1 262)
|
|
Other Operating Expenses |
(91)
|
(96)
|
(100)
|
(99)
|
(64)
|
(103)
|
(108)
|
(113)
|
(71)
|
(111)
|
(113)
|
(104)
|
(86)
|
(129)
|
(125)
|
(163)
|
(132)
|
(134)
|
(130)
|
(92)
|
(94)
|
(86)
|
(93)
|
(94)
|
(110)
|
(214)
|
(218)
|
(248)
|
(138)
|
(134)
|
(137)
|
(122)
|
(141)
|
(159)
|
(163)
|
(183)
|
(152)
|
(156)
|
(168)
|
(178)
|
(188)
|
|
Operating Income |
2 189
N/A
|
2 247
+3%
|
2 299
+2%
|
2 358
+3%
|
2 385
+1%
|
2 424
+2%
|
2 565
+6%
|
2 615
+2%
|
2 669
+2%
|
2 755
+3%
|
2 711
-2%
|
2 730
+1%
|
2 721
0%
|
2 713
0%
|
2 740
+1%
|
2 753
+1%
|
2 802
+2%
|
2 828
+1%
|
2 869
+1%
|
2 902
+1%
|
2 926
+1%
|
2 972
+2%
|
2 924
-2%
|
2 907
-1%
|
2 908
+0%
|
2 716
-7%
|
2 484
-9%
|
2 173
-13%
|
1 972
-9%
|
1 922
-3%
|
2 072
+8%
|
2 284
+10%
|
2 413
+6%
|
2 429
+1%
|
2 451
+1%
|
2 471
+1%
|
2 584
+5%
|
2 626
+2%
|
2 657
+1%
|
2 699
+2%
|
2 807
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(876)
|
(856)
|
(845)
|
(816)
|
(766)
|
(736)
|
(698)
|
(665)
|
(639)
|
(600)
|
(568)
|
(539)
|
(504)
|
(505)
|
(491)
|
(442)
|
(409)
|
(396)
|
(376)
|
(364)
|
(356)
|
(346)
|
(354)
|
(364)
|
(353)
|
(406)
|
(455)
|
(516)
|
(584)
|
(618)
|
(317)
|
(22)
|
158
|
213
|
50
|
(143)
|
(53)
|
(75)
|
(146)
|
(71)
|
(105)
|
|
Non-Reccuring Items |
93
|
90
|
155
|
34
|
31
|
235
|
117
|
227
|
130
|
(55)
|
(67)
|
(17)
|
(52)
|
(75)
|
(203)
|
(252)
|
(125)
|
10
|
144
|
144
|
289
|
154
|
147
|
157
|
(101)
|
0
|
0
|
0
|
0
|
(3)
|
0
|
(32)
|
(52)
|
(49)
|
(49)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(7)
|
(98)
|
(115)
|
(23)
|
0
|
185
|
207
|
115
|
97
|
6
|
6
|
4
|
18
|
(5)
|
(3)
|
|
Total Other Income |
(40)
|
(33)
|
(31)
|
(30)
|
(28)
|
(28)
|
(24)
|
(22)
|
(20)
|
(29)
|
(33)
|
(35)
|
(30)
|
(11)
|
(10)
|
(18)
|
(23)
|
(33)
|
(37)
|
(33)
|
(37)
|
(41)
|
(38)
|
(34)
|
(30)
|
(14)
|
(7)
|
(4)
|
5
|
5
|
(57)
|
(107)
|
(157)
|
(162)
|
(139)
|
(80)
|
(84)
|
(71)
|
(58)
|
(93)
|
(82)
|
|
Pre-Tax Income |
1 367
N/A
|
1 448
+6%
|
1 578
+9%
|
1 547
-2%
|
1 622
+5%
|
1 895
+17%
|
1 960
+3%
|
2 155
+10%
|
2 139
-1%
|
2 071
-3%
|
2 044
-1%
|
2 139
+5%
|
2 135
0%
|
2 122
-1%
|
2 036
-4%
|
2 041
+0%
|
2 245
+10%
|
2 409
+7%
|
2 599
+8%
|
2 649
+2%
|
2 822
+7%
|
2 739
-3%
|
2 679
-2%
|
2 666
-1%
|
2 423
-9%
|
2 297
-5%
|
2 015
-12%
|
1 555
-23%
|
1 277
-18%
|
1 282
+0%
|
1 698
+32%
|
2 308
+36%
|
2 569
+11%
|
2 547
-1%
|
2 410
-5%
|
2 253
-7%
|
2 452
+9%
|
2 483
+1%
|
2 471
0%
|
2 530
+2%
|
2 617
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
1 367
|
1 448
|
1 578
|
1 547
|
1 622
|
1 895
|
1 960
|
2 155
|
2 139
|
2 071
|
2 044
|
2 139
|
2 135
|
2 122
|
2 036
|
2 041
|
2 245
|
2 409
|
2 599
|
2 649
|
2 822
|
2 739
|
2 679
|
2 666
|
2 423
|
2 297
|
2 015
|
1 555
|
1 277
|
1 282
|
1 698
|
2 308
|
2 569
|
2 547
|
2 410
|
2 253
|
2 452
|
2 483
|
2 471
|
2 530
|
2 617
|
|
Income to Minority Interest |
(232)
|
(240)
|
(250)
|
(240)
|
(243)
|
(277)
|
(288)
|
(315)
|
(312)
|
(301)
|
(292)
|
(302)
|
(296)
|
(286)
|
(274)
|
(269)
|
(297)
|
(318)
|
(344)
|
(351)
|
(382)
|
(371)
|
(363)
|
(362)
|
(322)
|
(306)
|
(266)
|
(204)
|
(165)
|
(162)
|
(214)
|
(290)
|
(319)
|
(316)
|
(300)
|
(284)
|
(313)
|
(319)
|
(317)
|
(321)
|
(334)
|
|
Net Income (Common) |
1 316
N/A
|
1 375
+4%
|
1 442
+5%
|
1 382
-4%
|
1 405
+2%
|
1 603
+14%
|
1 669
+4%
|
1 837
+10%
|
1 824
-1%
|
1 766
-3%
|
1 749
-1%
|
1 833
+5%
|
1 836
+0%
|
1 832
0%
|
1 759
-4%
|
1 768
+1%
|
1 945
+10%
|
2 088
+7%
|
2 253
+8%
|
2 295
+2%
|
2 437
+6%
|
2 365
-3%
|
2 313
-2%
|
2 301
-1%
|
2 098
-9%
|
1 987
-5%
|
1 746
-12%
|
1 348
-23%
|
1 109
-18%
|
1 118
+1%
|
1 481
+32%
|
2 015
+36%
|
2 246
+12%
|
2 227
-1%
|
2 107
-5%
|
1 966
-7%
|
2 136
+9%
|
2 161
+1%
|
2 151
0%
|
2 206
+3%
|
2 280
+3%
|
|
EPS (Diluted) |
4.24
N/A
|
4.42
+4%
|
4.63
+5%
|
4.44
-4%
|
4.52
+2%
|
5.15
+14%
|
5.36
+4%
|
5.93
+11%
|
5.88
-1%
|
5.7
-3%
|
5.57
-2%
|
5.83
+5%
|
5.87
+1%
|
5.85
0%
|
5.63
-4%
|
5.67
+1%
|
6.24
+10%
|
6.72
+8%
|
7.28
+8%
|
6.44
-12%
|
7.87
+22%
|
7.65
-3%
|
7.49
-2%
|
7.48
0%
|
6.81
-9%
|
6.48
-5%
|
5.69
-12%
|
4.4
-23%
|
3.59
-18%
|
3.4
-5%
|
4.5
+32%
|
6.13
+36%
|
6.84
+12%
|
6.78
-1%
|
6.41
-5%
|
5.99
-7%
|
6.52
+9%
|
6.6
+1%
|
6.58
0%
|
5.88
-11%
|
6.98
+19%
|