Simon Property Group Inc.

SPG ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $5.54B $5.44B $5.27B $4.87B $4.54B $4.26B $4.31B $3.96B
Minimum rent $3.44B $3.36B
Overage rent $147.5M $161.5M
Tenant reimbursements $1.53B $1.49B
Lease income
Management fees and other revenues $121.3M $143.9M
Other income $297.0M $276.5M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $52.0M $65.1M $60.3M $60.0M $59.8M $57.1M $46.3M $21.3M
Operating Income $2.80B $2.72B $2.67B $2.39B $2.19B $2.01B $1.94B $1.75B
Operating Margin 50.6% 50.1% 50.7% 49.0% 48.2% 47.1% 45.1% 44.1%
Interest Expense $809.4M $857.6M $923.7M $992.6M $1.08B $1.07B $983.5M $1.03B
Pretax Income
Income Tax Expense $20.2M $28.1M $39.5M $15.7M $11.6M $4.3M
Net Income $2.24B $2.13B $2.14B $1.65B $1.55B $1.72B $1.25B $753.5M
Net Margin 40.5% 39.3% 40.6% 33.9% 34.1% 40.4% 28.9% 19.0%
EPS (Basic) $6.24 $5.87 $5.88 $4.52 $4.24 $4.72 $3.48 $2.10
EPS (Diluted) $6.24 $5.87 $5.88 $4.52 $4.24 $4.72 $3.48 $2.10
Shares Outstanding (Basic) 310.1M 310.7M 310.3M 303.1M 293.5M 291.1M
Shares Outstanding (Diluted) 310.1M 310.7M 310.3M 303.1M 293.6M 291.4M
Dividends Per Share $7.15 $6.50 $6.05 $5.15 $4.65 $4.10 $3.50 $2.60
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