Loading company filing…
Find a company. Follow its revenue through costs and profit.
Coverage includes separate ticker and security records; counts are not unique companies.
Sankey diagram of Simon Property Group, Inc.. A complete text table follows the diagram.
High occupancy and rising rent turn tenant leases into property income, while percentage rent lets Simon participate when retailers sell more.
Swipe to explore
NOI is a company-defined non-GAAP property measure. All components are reported in the filing and fully reconciled here to GAAP consolidated and common-stockholder net income. A $0.012M other-expense rounding item preserves the reported totals.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Fixed tenant rent | 1 | $1.3B | Contracted base lease income |
| Variable tenant rent | 1 | $313M | Percentage and variable lease income |
| Management fees | 1 | $40.2M | Managing properties and ventures |
| Other property income | 1 | $88.4M | Other reported revenue |
| Property revenue | 2 | $1.8B | 19% year-over-year growth |
| Consolidated property NOI | 3 | $1.3B | 76.4% property-level margin |
| Operating the malls | 3 | $414M | Operations, taxes, repairs & promotion |
| Operating income | 4 | $762M | Before financing and valuation items |
| Depreciation & amortization | 4 | $459M | Real-estate asset base |
| Home & regional offices | 4 | $67.7M | Property-management infrastructure |
| General & administrative | 4 | $54.3M | Corporate overhead |
| Other expense | 4 | $0 | Reported reconciliation rounding |
| Income & tax benefit | 4 | $19.9M | Reported benefit |
| Public-equity valuation gain | 4 | $25.4M | Unrealized market movement |
| Acquisition & asset gain | 4 | $64.3M | Nonrecurring gain |
| Operating income plus gains | 5 | $872M | Before financing and affiliate losses |
| Consolidated net income | 6 | $569M | Reported GAAP result |
| Interest expense | 6 | $276M | Financing the property portfolio |
| Unconsolidated-entity loss | 6 | $21.2M | Equity-method investments |
| Disposal & revaluation loss | 6 | $6.4M | Equity-interest changes |
| Common stockholders | 7 | $480M | Final parent attribution |
| Noncontrolling interests | 7 | $88.1M | Property partners' share |
| Preferred dividends | 7 | $0.8 | Preferred-stock claim |
| From | To | Value |
|---|---|---|
| Fixed tenant rent | Property revenue | $1.3B |
| Variable tenant rent | Property revenue | $313M |
| Management fees | Property revenue | $40.2M |
| Other property income | Property revenue | $88.4M |
| Property revenue | Consolidated property NOI | $1.3B |
| Property revenue | Operating the malls | $414M |
| Consolidated property NOI | Operating income | $762M |
| Consolidated property NOI | Depreciation & amortization | $459M |
| Consolidated property NOI | Home & regional offices | $67.7M |
| Consolidated property NOI | General & administrative | $54.3M |
| Consolidated property NOI | Other expense | $0 |
| Operating income | Operating income plus gains | $762M |
| Income & tax benefit | Operating income plus gains | $19.9M |
| Public-equity valuation gain | Operating income plus gains | $25.4M |
| Acquisition & asset gain | Operating income plus gains | $64.3M |
| Operating income plus gains | Consolidated net income | $569M |
| Operating income plus gains | Interest expense | $276M |
| Operating income plus gains | Unconsolidated-entity loss | $21.2M |
| Operating income plus gains | Disposal & revaluation loss | $6.4M |
| Consolidated net income | Common stockholders | $480M |
| Consolidated net income | Noncontrolling interests | $88.1M |
| Consolidated net income | Preferred dividends | $0.8 |