Simon Property (SPG) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Simon Property Group (SPG) reported a revenue of $1.79 billion for the quarter ended December 2025, reflecting a 13.2% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.63 billion by 10.1% [1] - The company's earnings per share (EPS) for the quarter was $3.49, compared to $2.04 in the same quarter last year, indicating a significant growth [1] Financial Performance - Simon Property's revenue from lease income was $1.64 billion, exceeding the average estimate of $1.5 billion by 14.5% year-over-year [4] - Management fees and other revenues amounted to $35.78 million, which was below the estimated $38.1 million, representing a decline of 3.7% compared to the previous year [4] - Other income generated was $116.34 million, surpassing the average estimate of $96.71 million, showing a year-over-year increase of 2.4% [4] - The diluted net earnings per share were reported at $9.35, significantly higher than the average estimate of $1.98 [4] Market Performance - Over the past month, shares of Simon Property have returned +4%, outperforming the Zacks S&P 500 composite's +0.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3] Occupancy Rates - The total portfolio occupancy rate for U.S. malls and premium outlets was reported at 96.4%, slightly below the average estimate of 96.5% based on three analysts [4]