Simon Property Group Inc (SPG) — Tangible Net Worth Ratio
Simon Property Group Inc (SPG) has a Tangible Net Worth Ratio of 73.1% as of March 2026. This metric is calculated by deducting intangible assets ($1.70 Billion) from net assets ($6.34 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See SPG net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Simon Property Group Inc Tangible Net Worth Ratio (1993–2025)
This chart shows how Simon Property Group Inc's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 73.1%, reflecting net assets of $6.34 Billion with intangible assets of $1.70 Billion USD. Also explore how fast is Simon Property Group Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Simon Property Group Inc (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Simon Property Group Inc from 1993 to 2025, covering 33 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see SPG stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.3% | $6.71 Billion | $49.23 Million | $40.61 Billion | ▼ -0.7 pp |
| 2024 | 99.9% | $3.60 Billion | $2.75 Million | $32.41 Billion | ▲ +0.2 pp |
| 2023 | 99.8% | $3.69 Billion | $8.71 Million | $34.28 Billion | ▲ +0.2 pp |
| 2022 | 99.5% | $3.82 Billion | $17.77 Million | $33.01 Billion | ▲ +0.3 pp |
| 2021 | 99.2% | $4.40 Billion | $33.28 Million | $33.78 Billion | ▲ +0.2 pp |
| 2020 | 99.0% | $3.66 Billion | $34.96 Million | $34.79 Billion | ▲ +1.5 pp |
| 2019 | 97.6% | $3.13 Billion | $75.75 Million | $31.23 Billion | ▲ +0.8 pp |
| 2018 | 96.8% | $4.03 Billion | $130.64 Million | $30.69 Billion | ▲ +1.0 pp |
| 2017 | 95.7% | $4.43 Billion | $188.46 Million | $32.26 Billion | ▲ +0.9 pp |
| 2016 | 94.8% | $5.10 Billion | $265.04 Million | $31.10 Billion | ▼ -0.3 pp |
| 2015 | 95.1% | $5.24 Billion | $255.58 Million | $30.65 Billion | ▲ +0.0 pp |
| 2014 | 95.1% | $5.98 Billion | $291.70 Million | $29.53 Billion | ▲ +0.7 pp |
| 2013 | 94.4% | $7.01 Billion | $389.29 Million | $33.32 Billion | ▲ +1.3 pp |
| 2012 | 93.1% | $7.07 Billion | $487.03 Million | $32.59 Billion | ▼ -1.5 pp |
| 2011 | 94.7% | $5.54 Billion | $296.15 Million | $26.22 Billion | ▼ -2.1 pp |
| 2010 | 96.8% | $5.63 Billion | $182.76 Million | $24.86 Billion | ▲ +15.8 pp |
| 2009 | 80.9% | $5.18 Billion | $987.53 Million | $25.95 Billion | ▲ +16.7 pp |
| 2008 | 64.3% | $3.04 Billion | $1.09 Billion | $23.60 Billion | ▼ -32.8 pp |
| 2007 | 97.0% | $4.60 Billion | $136.26 Million | $23.61 Billion | ▲ +0.6 pp |
| 2006 | 96.4% | $5.17 Billion | $184.28 Million | $22.08 Billion | ▲ +1.2 pp |
| 2005 | 95.3% | $5.17 Billion | $243.78 Million | $21.13 Billion | ▲ +3.2 pp |
| 2004 | 92.0% | $4.64 Billion | $369.57 Million | $20.69 Billion | ▼ -8.0 pp |
| 2003 | 100.0% | $3.34 Billion | $0.00 | $14.57 Billion | ▲ +1.0 pp |
| 2002 | 99.0% | $3.62 Billion | $37.21 Million | $14.03 Billion | ▲ +0.1 pp |
| 2001 | 98.8% | $3.21 Billion | $37.21 Million | $12.84 Billion | ▲ +0.5 pp |
| 2000 | 98.4% | $2.34 Billion | $38.38 Million | $12.87 Billion | ▼ -1.6 pp |
| 1999 | 100.0% | $3.93 Billion | $0.00 | $13.09 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $3.41 Billion | $0.00 | $13.28 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $1.56 Billion | $0.00 | $7.66 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $1.30 Billion | $0.00 | $5.90 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $232.90 Million | $0.00 | $2.56 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $57.30 Million | $0.00 | $2.28 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $29.50 Million | $0.00 | $1.76 Billion | — |