• Simon Property Group (NYSE:SPG) reported an impressive earnings per share (EPS) of $9.35, significantly surpassing the estimated $3.47.
• The company achieved a record Real Estate Funds From Operations (FFO) of $4.8 billion in 2025, showcasing its strong financial performance.
• Despite strong financials, Simon Property Group faces challenges with a debt-to-equity ratio of approximately 11.20.

Simon Property Group (NYSE:SPG) is a prominent real estate investment trust (REIT) known for its ownership of premier shopping, dining, entertainment, and mixed-use destinations. On February 2, 2026, SPG reported an impressive earnings per share (EPS) of $9.35, significantly surpassing the estimated $3.47. The company also reported actual revenue of approximately $1.79 billion, exceeding the estimated $1.51 billion.

In 2025, Simon Property Group achieved a record Real Estate Funds From Operations (FFO) of $4.8 billion, showcasing its strong financial performance. The company returned $3.5 billion to its shareholders, highlighting its commitment to rewarding investors. This financial strength is further emphasized by the company's ability to execute over 17 million square feet of leases and open a new Premium Outlet in Indonesia.

Simon Property Group's strategic investments and operational excellence are evident in its completion of 23 significant redevelopment projects and acquisition of $2 billion worth of high-quality retail properties. These activities align with the company's goal of driving sustainable growth in cash flow, FFO, and dividends per share. The company's price-to-earnings (P/E) ratio of approximately 28 indicates investor confidence in its earnings potential.

Despite its strong financial performance, Simon Property Group faces challenges with a debt-to-equity ratio of approximately 11.20, indicating a high level of debt compared to its equity. Additionally, the current ratio of around 0.70 suggests potential difficulties in covering short-term liabilities with short-term assets. However, the company's enterprise value to sales ratio of 14.17 and enterprise value to operating cash flow ratio of 21.70 reflect its valuation in relation to sales and cash flow.

The earnings yield of about 3.57% provides an indication of the return on investment for shareholders. Simon Property Group's price-to-sales ratio of approximately 10.14 suggests that investors are paying $10.14 for every $1 of sales, reflecting the company's strong market position. Overall, Simon Property Group's financial results and strategic initiatives demonstrate its commitment to delivering value to shareholders.