SPG Dividend: Simon Property Group Inc Yield Insights

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	6,155	5,963	5,658	5,291	5,116	4,607
Revenue Growth (YoY)	4%	5%	7%	3%	11%	-20%
Cost of Revenue	1,108	1,043	1,028	1,000	971	887
Gross Profit	5,046	4,920	4,630	4,290	4,145	3,720
Selling, General & Admin	456	412	373	327	329	292
Research & Development	--	--	--	--	--	--
Operating Expenses	1,926	1,827	1,823	1,706	1,732	1,748
Other Non Operating Income (Expenses)	-10	-23	-81	-83	-157	4
Pretax Income	2,595	2,729	2,617	2,452	2,568	1,277
Income Tax Expense	--	--	--	--	--	--
Net Income	2,243	2,367	2,279	2,136	2,246	1,109
Net Income Growth	-8%	4%	7%	-5%	103%	-47%
Shares Outstanding (Diluted)	326.48	326.09	326.8	327.81	328.58	308.73
Shares Change (YoY)	-13%	0%	0%	0%	6%	0%
EPS (Diluted)	6.87	7.26	6.98	6.52	6.84	3.59
EPS Growth	5%	4%	7%	-5%	91%	-47%
Free Cash Flow	3,121	3,059	3,137	3,116	3,109	1,842
Free Cash Flow Per Share	9.55	9.38	9.59	9.5	9.46	5.96
Gross Margin	81.98%	82.5%	81.83%	81.08%	81.02%	80.74%
Operating Margin	50.69%	51.85%	49.61%	48.81%	47.16%	42.78%
Profit Margin	36.44%	39.69%	40.27%	40.37%	43.9%	24.07%
Free Cash Flow Margin	50.7%	51.29%	55.44%	58.89%	60.77%	39.98%
EBITDA	4,453	4,357	4,069	3,810	3,675	3,289
EBITDA Margin	72.34%	73.06%	71.91%	72%	71.83%	71.39%
D&A For EBITDA	1,333	1,265	1,262	1,227	1,262	1,318
EBIT	3,120	3,092	2,807	2,583	2,413	1,971
EBIT Margin	50.69%	51.85%	49.61%	48.81%	47.16%	42.78%
Effective Tax Rate	--	--	--	--	--	--

Follow-Up Questions











