Simon Property free cash flow SPG
Cash from operations less capital spending, by quarter and over the last twelve months, from 2008.
- Last 12 months, to Dec 31, 2015
- $2B
- Latest quarter, Q4 FY15
- $557.8M
- +19% on a year earlier
- Fiscal year 2015
- $2B
- +4% on the year before
Simon Property's free cash flow was $2B over the twelve months to Dec 31, 2015, up 4% on a year earlier.
In its latest quarter, Q4 FY15, it was $557.8M, up 19% on the same quarter a year before.
Over the five fiscal years to FY2015 it grew 6% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2015 | $2B | +4% |
| FY2014 | $1.9B | +4% |
| FY2013 | $1.9B | +9% |
| FY2012 | $1.7B | +10% |
| FY2011 | $1.6B | +4% |
| FY2010 | $1.5B | +12% |
| FY2009 | $1.3B | n/a |
| FY2008 | n/a | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q4 FY15 | $557.8M | +19% | $2B | |
| Q3 FY15 | $451.6M | −19% | $1.9B | |
| Q2 FY15 | $548.8M | +22% | $2B | |
| Q1 FY15 | $445.6M | −2% | $1.9B | |
| Q4 FY14 | $468.5M | −16% | $1.9B | |
| Q3 FY14 | $560M | +21% | $2B | |
| Q2 FY14 | $451.3M | −8% | $1.9B | |
| Q1 FY14 | $453.8M | +29% | $2B | |
| Q4 FY13 | $559.5M | +18% | $1.9B | |
| Q3 FY13 | $461.7M | +21% | $1.8B | |
| Q2 FY13 | $488.1M | +20% | $1.7B | |
| Q1 FY13 | $350.6M | −22% | $1.6B |
Against its peers
Companies in Real Estate nearest Simon Property's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| SPGSimon Property | n/m |
| DLRDigital Realty Trust | n/m |
| PSAPublic Storage | n/m |
| ORealty Income | n/m |
| AMTAmerican Tower | n/m |
| EQIXEquinix | n/m |
| VMRKVivmark Residential | n/m |
| VTRVentas | n/m |
| PLDPrologis | n/m |
| CCICrown Castle | n/m |
| CBRECBRE | 2.6% |
| Peer median | 2.6% |
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Simon Property
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.