Simon Historical Income Statement
| SPG Stock | USD 179.96 1.97 1.08% |
Historical analysis of Simon Property income statement accounts such as Gross Profit of 3.3 B, Other Operating Expenses of 2 B, Operating Income of 1.7 B or Ebit of 1.9 B can show how well Simon Property Group performed in making a profits. Evaluating Simon Property income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Simon Property's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Simon Property Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Simon Property Group is a good buy for the upcoming year.
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About Simon Income Statement Analysis
Simon Property Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Simon Property shareholders. The income statement also shows Simon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Simon Property Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Simon Property Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Simon Property Group minus its cost of goods sold. It is profit before Simon Property operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Simon Property Group. It is also known as Simon Property overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Simon Property's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Simon Property Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Simon Property's Income Tax Expense is most likely to increase significantly in the upcoming years. The Simon Property's current Selling General Administrative is estimated to increase to about 73.4 M, while Interest Expense is projected to decrease to roughly 731.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 795.7M | 762.8M | 854.6M | 731.8M | Depreciation And Amortization | 2.0B | 1.9B | 1.3B | 1.0B |
Simon Property income statement Correlations
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Simon Property income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.8B | 2.6B | 2.0B | 1.9B | 1.3B | 1.0B | |
| Interest Expense | 789.4M | 784.4M | 795.7M | 762.8M | 854.6M | 731.8M | |
| Selling And Marketing Expenses | 150.3M | 98.6M | 114.3M | 107.8M | 127.3M | 98.0M | |
| Total Revenue | 5.8B | 4.6B | 5.1B | 5.3B | 5.7B | 3.8B | |
| Gross Profit | 4.7B | 3.7B | 4.1B | 4.3B | 4.7B | 3.3B | |
| Other Operating Expenses | 2.8B | 2.6B | 2.7B | 2.7B | 2.9B | 2.0B | |
| Operating Income | 2.9B | 2.0B | 2.4B | 2.6B | 2.8B | 1.7B | |
| Ebit | 2.9B | 776.4M | 2.4B | 2.6B | 2.8B | 1.9B | |
| Ebitda | 4.7B | 3.4B | 4.5B | 4.5B | 4.1B | 2.9B | |
| Total Operating Expenses | 1.8B | 1.7B | 1.7B | 1.7B | 1.9B | 1.4B | |
| Income Before Tax | 2.5B | 1.3B | 2.7B | 2.5B | 2.7B | 2.8B | |
| Net Income | 2.1B | 1.1B | 2.2B | 2.1B | 2.6B | 2.7B | |
| Income Tax Expense | 30.1M | (4.6M) | 157.2M | 83.5M | 81.9M | 86.0M | |
| Total Other Income Expense Net | (454.6M) | (699.1M) | 312.7M | (47.7M) | (2.8B) | (2.7B) | |
| Cost Of Revenue | 1.0B | 887.2M | 971.1M | 1.0B | 931.1M | 866.6M | |
| Net Income Applicable To Common Shares | 2.1B | 1.1B | 2.2B | 2.1B | 2.3B | 1.2B | |
| Minority Interest | 321.6M | 164.8M | 319.1M | 312.9M | 333.9M | 235.3M | |
| Selling General Administrative | 34.9M | 22.6M | 30.3M | 35.0M | 38.5M | 73.4M | |
| Net Income From Continuing Ops | 2.8B | 1.6B | 2.6B | 2.5B | 2.6B | 2.3B | |
| Non Operating Income Net Other | 328.1M | 219.9M | 731.0M | 648.0M | 745.2M | 399.5M | |
| Interest Income | 353.2M | 584.2M | 157.7M | 53.3M | 48.0M | 45.6M | |
| Tax Provision | 30.1M | (4.6M) | 157.2M | 83.5M | 81.9M | 60.2M | |
| Net Interest Income | (789.4M) | (784.4M) | (795.7M) | (761.3M) | (854.6M) | (897.4M) | |
| Reconciled Depreciation | 1.4B | 1.4B | 1.3B | 1.2B | 1.3B | 1.1B |
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When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simon Property. If investors know Simon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simon Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 7.9 | Earnings Share 7.51 | Revenue Per Share 18.125 | Quarterly Revenue Growth 0.049 |
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simon Property's market value can be influenced by many factors that don't directly affect Simon Property's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.