Event-Driven Stocks

SIMON PROPERTY GROUP INC.

SPGNYSE

Real Estate · Real Estate Investment Trusts · IN · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs4 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$1.47B$1.44B$1.35B$5.29B$5.12B$4.61B
Operating income$727.6M$735.2M$662.7M$2.58B$2.41B$1.97B
Net income$477.9M$841.2M$519.3M$2.45B$2.57B$1.28B
Total assets$40.61B$32.41B$34.28B$33.01B$33.78B$34.79B
Total liabilities$33.90B$28.81B$30.60B$29.19B$29.38B$31.13B
Equity$5.21B$2.94B$3.02B$3.14B$3.36B$3.04B
EPS (diluted)$1.27$2.25$1.38$6.52$6.84$1.43
Shares out.326.3M325.9M327.0M327.8M328.6M308.7M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
49.4%
Net margin
32.4%
Return on equity
9.2%
Return on assets
1.2%
Return on capital (ROCE)
Liabilities / assets
83.5%
Debt / equity
6.51×
Book value / share
$15.96
Revenue growth (YoY)
2.1%
Net income growth (YoY)
−43.2%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
9.0%clean
Piotroski F-Score
4/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning4 good
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
2 acquisitions0 disposalsnet +2,306 shares · last 2
InsiderDateTypeSharesPrice
Jones Nina PDirectorMay 13, 2026Grant1,073
Glasscock Larry CDirectorMay 13, 2026Grant1,233

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20268.5M6.2+3.4%
Apr 30, 20268.3M6.8+2.4%
Apr 15, 20268.1M5.8+12.9%
Mar 31, 20267.1M3.5+31.2%
Mar 13, 20265.4M3.3-1.4%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Corporate family

Spin-offs from SIMON PROPERTY GROUP INC. (1)

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (3)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.