Simon Property Group, Inc. (SPG) FCF Payout Ratio: 87.91%
Is Simon Property Group, Inc.’s FCF payout ratio high or low?
Simon Property Group, Inc.'s FCF payout ratio of 87.91% is 12% above its 5-year average of 78.21%, near the high end of its 5-year range (72.64%–87.91%).
6.68% above its 12-month average of 82.40%.
SPG FCF Payout Ratio Chart
SPG Average FCF Payout Ratio Chart
SPG Current vs Average FCF Payout Ratio Chart
SPG FCF Payout Ratio Metrics
FCF PAYOUT RATIO
87.91%
FCF PAYOUT RATIO AVG TTM
82.40%
FCF PAYOUT RATIO AVG 3Y
78.80%
FCF PAYOUT RATIO AVG 5Y
78.21%
FCF PAYOUT RATIO AVG 10Y
82.35%
FCF PAYOUT RATIO AVG 15Y
81.72%
FCF PAYOUT RATIO AVG 20Y
85.12%
CURRENT VS TTM AVG
+6.68%
CURRENT VS 3Y AVG
+11.56%
CURRENT VS 5Y AVG
+12.40%
CURRENT VS 10Y AVG
+6.76%
CURRENT VS 15Y AVG
+7.57%
CURRENT VS 20Y AVG
+3.27%
Payout Ratio Comparison
FCF Payout Ratio
87.9%
Earnings Payout Ratio
62.2%
Dividend Yield
4.10%
FCF Yield
4.69%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.57B | $2.79B | 78.3% |
| 2024 | $3.06B | $2.65B | 86.5% |
| 2023 | $3.14B | $2.44B | 77.7% |
| 2022 | $3.12B | $2.26B | 72.6% |
| 2021 | $3.11B | $2.35B | 75.6% |
| 2020 | $1.84B | $1.45B | 78.4% |
| 2019 | $2.93B | $2.56B | 87.3% |
| 2018 | $2.97B | $2.45B | 82.5% |
| 2017 | $2.86B | $2.23B | 78.0% |
| 2016 | $2.57B | $2.04B | 79.2% |
| 2015 | $2.00B | $2.20B | 109.6% |
| 2014 | $1.93B | $1.60B | 82.9% |
| 2013 | $1.86B | $1.69B | 90.9% |
| 2012 | $1.71B | $1.49B | 86.8% |
| 2011 | $1.56B | $1.24B | 79.7% |
| 2010 | $1.50B | $919.44M | 61.3% |
| 2009 | $1.34B | $216.76M | 16.1% |
| 2008 | $731.95M | $1.08B | 147.0% |
| 2007 | $438.27M | $1.02B | 232.9% |
| 2006 | $505.66M | $204.65M | 40.5% |
| 2005 | $446.48M | $194.70M | 43.6% |
| 2004 | $533.55M | $745.70M | 139.8% |
| 2003 | $598.06M | $667.11M | 111.5% |
| 2002 | $669.00M | $595.87M | 89.1% |
| 2001 | $238.43M | $563.68M | 236.4% |
| 2000 | ($127.60M) | $501.90M | N/A (Loss) |
| 1999 | ($721.21M) | $562.99M | N/A (Loss) |
| 1998 | ($2.11B) | $436.90M | N/A (Loss) |
| 1997 | ($914.70M) | $227.90M | N/A (Loss) |
| 1996 | $40.70M | $262.50M | 645.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Simon Property Group, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Simon Property Group, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Simon Property Group, Inc. (SPG)?
- The FCF payout ratio for SPG stock is 87.91%.
- Is Simon Property Group, Inc.'s FCF payout ratio high or low?
- Simon Property Group, Inc.'s FCF payout ratio of 87.91% is 12% above its 5-year average of 78.21%, near the high end of its 5-year range (72.64%–87.91%).
- What is the TTM average FCF payout ratio for Simon Property Group, Inc. (SPG)?
- The TTM average FCF payout ratio for SPG stock is 82.40%.
- What is the 3Y average FCF payout ratio for Simon Property Group, Inc. (SPG)?
- The 3Y average FCF payout ratio for SPG stock is 78.80%.
- What is the 5Y average FCF payout ratio for Simon Property Group, Inc. (SPG)?
- The 5Y average FCF payout ratio for SPG stock is 78.21%.
- What is the 10Y average FCF payout ratio for Simon Property Group, Inc. (SPG)?
- The 10Y average FCF payout ratio for SPG stock is 82.35%.
- What is the 15Y average FCF payout ratio for Simon Property Group, Inc. (SPG)?
- The 15Y average FCF payout ratio for SPG stock is 81.72%.
- What is the 20Y average FCF payout ratio for Simon Property Group, Inc. (SPG)?
- The 20Y average FCF payout ratio for SPG stock is 85.12%.
Simon Property Group, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 78.33% |
| 2024-12-31 | 86.47% |
| 2023-12-31 | 77.74% |
| 2022-12-31 | 72.64% |
| 2021-12-31 | 75.63% |
| 2020-12-31 | 78.43% |
| 2019-12-31 | 87.35% |
| 2018-12-31 | 82.49% |
| 2017-12-31 | 77.97% |
| 2016-12-31 | 79.15% |
| 2015-12-31 | 109.60% |
| 2014-12-31 | 82.93% |
| 2013-12-31 | 90.90% |
| 2012-12-31 | 86.82% |
| 2011-12-31 | 79.73% |
| 2010-12-31 | 61.34% |
| 2009-12-31 | 16.12% |
| 2008-12-31 | 146.99% |
| 2007-12-31 | 232.89% |
| 2006-12-31 | 40.47% |
| 2005-12-31 | 43.61% |
| 2004-12-31 | 139.76% |
| 2003-12-31 | 111.54% |
| 2002-12-31 | 89.07% |
| 2001-12-31 | 236.42% |
| 1996-12-31 | 644.96% |
About Simon Property Group, Inc.
Simon Property Group (NYSE: SPG) is a prominent S&P 100 real estate investment trust that specializes in owning and developing a portfolio of world-class shopping, dining, entertainment, and mixed-use destinations. These significant properties, strategically located across North America, Europe, and Asia, serve as vital community hubs, attracting millions of visitors daily and contributing billions in annual revenue.
- Sector
- Real Estate
- Industry
- REIT - Retail
- CEO
- Eli Simon