Simon Property Group Inc (SPG) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 21, 2020
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Simon Property Group Inc (SPG, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Simon Property Group Inc is real estate investment trust. It owns, develops and manages retail real estate properties including malls, outlets and community and lifestyle centers. Simon Property Group Inc has a market cap of $43.65 billion; its shares were traded at around $142.24 with a P/E ratio of 20.90 and P/S ratio of 7.63. The dividend yield of Simon Property Group Inc stocks is 5.87%. Simon Property Group Inc had annual average EBITDA growth of 4.90% over the past ten years. GuruFocus has detected 3 severe warning signs with Simon Property Group Inc. .

For the last quarter Simon Property Group Inc reported a revenue of $1.5 billion, compared with the revenue of $1.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.8 billion, an increase of 1.7% from last year. For the complete 30-year financial data, please go here.. For the last five years Simon Property Group Inc had an average revenue growth rate of 3.1% a year.

The reported diluted earnings per share was $6.81 for the year, a decline of 13.5% from the previous year. Over the last five years Simon Property Group Inc had an EPS growth rate of 8.9% a year. The Simon Property Group Inc had a decent operating margin of 50.53%, compared with the operating margin of 51.45% a year before. The 10-year historical median operating margin of Simon Property Group Inc is 48.57%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Simon Property Group Inc has the cash and cash equivalents of $669.4 million, compared with $514.3 million in the previous year. The long term debt was $24.7 billion, compared with $22.5 billion in the previous year. The interest coverage to the debt is 3.7. Simon Property Group Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $142.24, Simon Property Group Inc is traded at 19% discount to its historical median P/S valuation band of $175.64. The P/S ratio of the stock is 7.63, while the historical median P/S ratio is 9.44. The stock lost 16.93% during the past 12 months.

For the complete 20-year historical financial data of SPG, click here.