Simon Property Group (LIM:SPG) Interest Expense: $-1,024 Mil (TTM As of Mar. 2026)


LIM:SPG Simon Property Group Inc LIM:SPG
79 GF Score
Price $184.20
GF Value $147.13
! 8 Warning Signs
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What is Simon Property Group Interest Expense?

Simon Property Group LIM:SPG 79 Interest Expense is $-1,024 Mil as of Mar. 2026. GuruFocus rates LIM:SPG with a GF Score™ of 79/100 and a GF Value™ of $147.13. The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simon Property Group's interest expense for the three months ended in Mar. 2026 was $ -276 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,024 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Simon Property Group's Operating Income for the three months ended in Mar. 2026 was $ 762 Mil. Simon Property Group's Interest Expense for the three months ended in Mar. 2026 was $ -276 Mil. Simon Property Group's Interest Coverage for the quarter that ended in Mar. 2026 was 2.76. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Simon Property Group  (LIM:SPG) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Simon Property Group's Interest Expense for the three months ended in Mar. 2026 was $-276 Mil. Its Operating Income for the three months ended in Mar. 2026 was $762 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $28,982 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*762.163/-275.662
=2.76

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Simon Property Group Inc interest coverage is 3.14, which is low.


Simon Property Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Simon Property Group's Interest Expense 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 Interest Expense Chart

Simon Property Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -795.71 -761.25 -854.65 -905.80 -974.84

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
Interest Expense 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 -227.00 -232.72 -242.79 -272.33 -275.66
LIM:SPG
79GF Score
Simon Property Group Inc LIM:SPG
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Simon Property Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,024 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-1,024 Mil mean?
Simon Property Group (LIM:SPG) has a Interest Expense of $-1,024 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Simon Property Group and its competitors.
Is Simon Property Group's Interest Expense too high?
Simon Property Group's current Interest Expense is $-1,024 Mil. Overall, Simon Property Group has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's Interest Expense compare to O and KIM?
Simon Property Group's Interest Expense of $-1,024 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Simon Property Group and its competitors. Simon Property Group's current Interest Expense is $-1,024 Mil. 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 Interest Expense of $-1,024 Mil. The stock's GF Value™ is $147.13, compared to a current price of $184.20 — trading 25.2% above its estimated fair value. The current Interest Expense is $-1,024 Mil. Simon Property Group's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Simon Property Group (LIM:SPG), the current Interest Expense is $-1,024 Mil 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 25.2% above its estimated GF Value™ of $147.13.

Key valuation signals for LIM:SPG:

  • Interest Expense: $-1,024 Mil
  • GF Value™: $147.13 vs. price of $184.20 (25.2% above fair value)
  • GF Score™: 79/100 with 8 warning signs

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.
79GF Score

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

$184.20
Price
$147.13
GF Value