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Simon Property Group (WBO:SPGR) Pretax Margin % : 61.61% (As of Mar. 2024)


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What is Simon Property Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Simon Property Group's Pre-Tax Income for the three months ended in Mar. 2024 was €818 Mil. Simon Property Group's Revenue for the three months ended in Mar. 2024 was €1,327 Mil. Therefore, Simon Property Group's pretax margin for the quarter that ended in Mar. 2024 was 61.61%.

The historical rank and industry rank for Simon Property Group's Pretax Margin % or its related term are showing as below:

WBO:SPGR' s Pretax Margin % Range Over the Past 10 Years
Min: 27.62   Med: 41.84   Max: 53.59
Current: 53.59


WBO:SPGR's Pretax Margin % is ranked better than
66.92% of 789 companies
in the REITs industry
Industry Median: 33.25 vs WBO:SPGR: 53.59

Simon Property Group Pretax Margin % Historical Data

The historical data trend for Simon Property Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Simon Property Group Pretax Margin % Chart

Simon Property Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.63 27.62 53.27 47.92 47.69

Simon Property Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.44 41.47 51.31 59.00 61.61

Competitive Comparison of Simon Property Group's Pretax Margin %

For the REIT - Retail subindustry, Simon Property Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Simon Property Group's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Simon Property Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Simon Property Group's Pretax Margin % falls into.



Simon Property Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Simon Property Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2474.884/5189.153
=47.69 %

Simon Property Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=817.657/1327.183
=61.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Simon Property Group  (WBO:SPGR) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Simon Property Group Pretax Margin % Related Terms

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Simon Property Group (WBO:SPGR) Business Description

Address
225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.

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