Simon Property Group Business Segments — Cost Of Property Repairs And Maintenance increased by 33.6% to $39.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.6%, from $29.56M to $39.50M. This increase may warrant attention — for this metric, lower values are generally preferred.
Consistently high costs may indicate aging infrastructure, while very low costs could suggest deferred maintenance that might impact long-term asset value.
This metric measures the recurring expenditures required to keep properties in good working condition and maintain their...
Standard operational expense metric for property management and REITs.
spg_segment_real_estate_cost_of_property_repairs_and_maintenance| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.83M | $23.83M | $23.83M | $23.83M | $25.76M | $25.76M | $25.76M | $25.76M | $29.56M | $39.50M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +8.1% | +0.0% | +0.0% | +0.0% | +14.8% | +33.6% |
| YoY Change | — | — | — | — | +8.1% | +8.1% | +8.1% | +8.1% | +14.8% | +33.6% |