---
title: Simon Property (SPG) — REIT card
canonical: https://sweetvaluelab.com/tools/reit-stocks/spg
ticker: SPG
property_type: Retail
as_of: 2026-10-26
---
# Simon Property (SPG) — REIT card

Simon Property, a retail REIT, trades at 15.3× trailing Cash FFO with a 4.2% dividend yield, 64.1% of Cash FFO; net debt is 5.7× EBITDA. Prices as of Oct 26, 2026; trailing-twelve-month figures through Sep 30, 2026.

## The card

| Figure | SPG | Retail average (1) |
| --- | ---: | ---: |
| Price | $212.69 |  |
| Cash FFO (TTM) | $4.5B |  |
| Cash FFO per share | $13.88 |  |
| P/Cash FFO | 15.3× | 13.3× |
| P/E | 15.0 |  |
| Dividend per share (TTM) | $8.90 |  |
| Dividend yield | 4.2% | 4.5% |
| Yield spread over the 10-year | −0.8% |  |
| Cash FFO payout | 64.1% | 59.6% |
| Cash FFO growth (YoY) | 14.3% | 2.9% |
| Cash FFO CAGR (3y) | 8.3% |  |
| Net debt / EBITDA | 5.7× | 5.7× |
| Interest cover | 4.7× | 3.4× |
| Debt / assets | 71.5% |  |
| EBITDA margin | 72.1% | 64.1% |
| Market value | $68.9B |  |
| Enterprise value | $97.3B |  |

## Lights

No light is on.

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Source: https://sweetvaluelab.com/tools/reit-stocks/spg (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.