Simon Property Group (LIM:SPG) FCF Margin %: 35.57% (As of Mar. 2026) — 31% Below Median


LIM:SPG Simon Property Group Inc LIM:SPG
80 GF Score
Price $184.20
GF Value $149.65
! 8 Warning Signs
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What is Simon Property Group FCF Margin %?

Simon Property Group LIM:SPG 80 FCF Margin % is 35.57% as of Mar. 2026, which is 31% below its 10-year median of 51.53. GuruFocus rates LIM:SPG with a GF Score™ of 80/100 and a GF Value™ of $149.65. The stock has 8 warning signs investors should review. Among 936 REITs companies, Simon Property Group ranks better than 57.8% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Simon Property Group's Free Cash Flow for the three months ended in Mar. 2026 was $625 Mil. Simon Property Group's Revenue for the three months ended in Mar. 2026 was $1,757 Mil. Therefore, Simon Property Group's FCF Margin % for the quarter that ended in Mar. 2026 was 35.57%.

As of today, Simon Property Group's current FCF Yield % is 4.48%.

The historical rank and industry rank for Simon Property Group's FCF Margin % or its related term are showing as below:

LIM:SPG' s FCF Margin % Range Over the Past 10 Years
Min: 39.99   Med: 51.53   Max: 60.77
Current: 48.58


During the past 13 years, the highest FCF Margin % of Simon Property Group was 60.77%. The lowest was 39.99%. And the median was 51.53%.

LIM:SPG's FCF Margin % is ranked better than
57.8% of 936 companies
in the REITs industry
Industry Median: 39.735 vs LIM:SPG: 48.58


Simon Property Group FCF Margin % Related Terms


Simon Property Group FCF Margin % Historical Data

* Premium members only.

The historical data trend for Simon Property Group's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Simon Property Group FCF Margin % Chart

Simon Property Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.77 58.90 55.44 51.29 50.31

Simon Property Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.53 64.82 42.77 52.96 35.57

LIM:SPG vs O, KIM, REG: FCF Margin % Comparison

For the REIT - Retail subindustry, Simon Property Group's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Simon Property Group FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Simon Property Group's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Simon Property Group's FCF Margin % falls into.


LIM:SPG
80GF Score
Simon Property Group Inc LIM:SPG
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Simon Property Group FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Simon Property Group's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=3202.205/6364.505
=50.31 %

Simon Property Group's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=624.982/1757.093
=35.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 35.57% mean?
Simon Property Group (LIM:SPG) has a FCF Margin % of 35.57% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Simon Property Group and its competitors. This is 31% below median its historical median of 51.53. Over the past decade, Simon Property Group's FCF Margin % has ranged from 39.99 to 60.77. According to the industry distribution chart, Simon Property Group ranks #395 out of 936 companies in the REITs industry, placing it in the top 42.2%.
Is Simon Property Group's FCF Margin % too high?
Simon Property Group's current FCF Margin % of 35.57% is 31% below median its 10-year median of 51.53. Over the past 10 years, this metric has ranged from a low of 39.99 to a high of 60.77. The REITs industry median FCF Margin % is 39.74. Simon Property Group's value of 35.57% is 10.5% below this industry median. Based on the distribution chart, Simon Property Group ranks #395 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Simon Property Group has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's FCF Margin % compare to O and KIM?
According to the REITs industry distribution chart, Simon Property Group ranks #395 out of 936 companies for FCF Margin %. This puts Simon Property Group in the upper half of its industry. The industry median FCF Margin % is 39.74. Simon Property Group's value of 35.57% is 10.5% below this benchmark. Historically, Simon Property Group's own FCF Margin % has ranged from 39.99 to 60.77 over the past decade. While the company's 10-year median is 51.53 vs. the industry median of 39.74, Simon Property Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 39.74, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Simon Property Group's current FCF Margin % of 35.57% is 10.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Simon Property Group and its competitors. For the REITs industry, the median FCF Margin % is 39.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simon Property Group's current FCF Margin % is 35.57%, which is 31% below median its own 10-year median of 51.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simon Property Group stock overvalued right now?
Simon Property Group (LIM:SPG) has a current FCF Margin % of 35.57%. The stock's GF Value™ is $149.65, compared to a current price of $184.20 — trading 23.1% above its estimated fair value. The current FCF Margin % is 35.57%, which is 31% below median its 10-year median of 51.53 and 10.5% below the REITs industry median of 39.74. Simon Property Group's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Simon Property Group (LIM:SPG), the current FCF Margin % is 35.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Simon Property Group (LIM:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Simon Property Group stock appears to be overvalued. The current stock price of $184.20 is trading 23.1% above its estimated GF Value™ of $149.65.

Key valuation signals for LIM:SPG:

  • FCF Margin %: 35.57% (31% below median its 10-year median of 51.53)
  • GF Value™: $149.65 vs. price of $184.20 (23.1% above fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 10.5% below the REITs median (#395 of 936)

No single metric tells the full story. See the LIM:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simon Property Group Business Description

Industry Real EstateREITs
Address 225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
80GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$184.20
Price
$149.65
GF Value