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Simon Property Group (LTS:0L6P) Net Margin % : 32.15% (As of Sep. 2024)


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What is Simon Property Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Simon Property Group's Net Income for the three months ended in Sep. 2024 was $476 Mil. Simon Property Group's Revenue for the three months ended in Sep. 2024 was $1,481 Mil. Therefore, Simon Property Group's net margin for the quarter that ended in Sep. 2024 was 32.15%.

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

LTS:0L6P' s Net Margin % Range Over the Past 10 Years
Min: 24.15   Med: 35.88   Max: 43.97
Current: 41.48


LTS:0L6P's Net Margin % is ranked better than
54.26% of 916 companies
in the REITs industry
Industry Median: 36.24 vs LTS:0L6P: 41.48

Simon Property Group Net Margin % Historical Data

The historical data trend for Simon Property Group's Net 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.

* Premium members only.

Simon Property Group Net Margin % Chart

Simon Property Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.52 24.15 43.97 40.43 40.35

Simon Property Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net 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 42.17 48.99 50.78 33.90 32.15

Competitive Comparison of Simon Property Group's Net Margin %

For the REIT - Retail subindustry, Simon Property Group's Net Margin %, along with its competitors' market caps and Net 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's Net Margin % Distribution in the REITs Industry

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

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



Simon Property Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Simon Property Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2283.126/5658.836
=40.35 %

Simon Property Group's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=475.995/1480.71
=32.15 %

* 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  (LTS:0L6P) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Simon Property Group Net Margin % Related Terms

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Simon Property Group Business Description

Address
225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $743 in sales per square foot in 2023 compared with $693 in sales per square foot over the 12 months before the pandemic. 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 11 countries.

Simon Property Group Headlines

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