Simon Property Group Inc. (SPG) results explained: sales up 17%

Quantooo Lab · 2026-11-05

What happened?

Simon Property Group Inc. (SPG) reported results on 5 Nov, covering the 9 months to 30 Sep.

The numbers in plain words

Sales were up 17.3% compared with the same period a year earlier. Out of every 100 of sales, about 45 was left after running costs (operating margin 44.6%), lower than a year earlier (50.0%). The company is funded less by borrowing than a year ago (90% of assets vs 93%).

Source: the company's 10-Q filed 2026-11-06.

How did the share price react?

Since the results, the share price has moved −0.04% (to the close of 6 Nov), while the S&P 500 moved −4.11%.

What changed in our score?

Our score went from 47 to 60 out of 100; the fundamentals part went from 56 to 55. Every step of the calculation: SPG stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be about as usual for SPG (23% a year vs a normal 22%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.