Simon Property Group, Inc.
—- Market cap
- —
- Debt
- —
- Cash
- −$823.15M
Complete market value, debt and cash evidence is required for enterprise value.
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
SPG · price snapshotP/E 14.54x
$205.99Snapshot Sep 9, 2026, 2:09 PM ET
Implied fair value · at MAC's multiple
—
Needs MAC P/E.
MAC · price snapshot
$23.13Snapshot Sep 9, 2026, 2:10 PM ET
Implied fair value · at SPG's multiple
—
Needs Annual EPS is negative.
Metric by metric
Smart diff
Where each company leads, and how wide the gap is.
6 metrics shown
MetricSPGMACDifference (SPG − MAC)
Revenue growth (YoY)
Growth lag
6.7%
10.4%
MAC: higher Revenue growth (YoY) by 3.7 percentage points
Gross margin
Reported gross margin
N/M
N/M
Insufficient data
EBITDA proxy margin
Operating income + D&A
N/M
N/M
Insufficient data
EV/Revenue
Lower is better
N/M
N/M
Insufficient data
P/E
Not comparable
14.54x
N/M
Not comparable
Net debt / EBITDA proxy
Lower leverage
N/M
N/M
Insufficient data
Statements
Side-by-side financials
Annual statements in reported currencies, with calculations and source evidence.
Income statement · reported unitsSPGMACDelta
RevenueEnded 2025-12-31Ended 2025-12-31+USD 5.35B
Gross profit—
Operating incomeEnded 2025-12-31—
EBITDA proxy—
Net incomeEnded 2025-12-31Ended 2025-12-31+USD 5.56B
Diluted / combined EPS (reported share)Ended 2025-12-31Ended 2025-12-31Different share bases
Revenue growthEnded 2025-12-31Ended 2025-12-31−3.7 pp
Gross margin—
Operating marginEnded 2025-12-31—
EBITDA proxy margin—
Net marginEnded 2025-12-31Ended 2025-12-31+103.7 pp
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Historical trends
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
SPGMAC
Price framework
Enterprise value
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Macerich Co
—Price framework
Intrinsic value (DCF)
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
SIMON PROPERTY GROUP, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
MACERICH CO · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Solvency
Inspect reported liquidity and leverage alongside historical financial-health checks.
Piotroski F-Score
Financial strength on a 0–9 scale.
5/ 9 · SPGModerate
3/ 9 · MACWeak
Altman Z-Score
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Relative positioning
Where the pair sits against the wider comparable set.
Keep comparing
More comparisons
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
