Simon Reports Record 2025 Earnings and Higher Dividend For 2026

Simon posts record 2025 earnings For the full year 2025, net income attributable to common stockholders surged to $4.624 billion, or $14.17 per diluted share, up from $2.368 billion, or $7.26 in 2024.

In the fourth quarter alone, net income climbed to $3.048 billion, or $9.35 per diluted share, compared with $667.2 million, or $2.04 in the prior year period.

A major driver was a non-cash gain of $2.89 billion tied to Simon’s acquisition of the remaining interest in Taubman Realty Group, reflecting the remeasurement of its previously held equity interest to fair value.

Operationally, Real Estate Funds From Operations (Real Estate FFO) hit a record $4.812 billion, or $12.73 per diluted share for 2025, a 4.0% year-over-year increase from $4.597 billion, or $12.24 per diluted share…