Business Segments · Real Estate Tax Expense
Business Segments — Real Estate Tax Expense
Simon Property Group Business Segments — Real Estate Tax Expense increased by 22.5% to $139.06M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.5%, from $113.49M to $139.06M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
Rising tax expenses can reduce net operating income unless offset by higher rental rates or tax pass-through provisions.
Detailed definition
This represents the property tax obligations incurred by the company for its real estate holdings. These taxes are a sig...
Peer comparison
Standard expense line item for all real estate investment trusts.
Metric ID:
spg_segment_real_estate_real_estate_tax_expenseHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $109.97M | $109.97M | $109.97M | $109.97M | $102.28M | $102.28M | $102.28M | $102.28M | $113.49M | $139.06M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -7.0% | +0.0% | +0.0% | +0.0% | +11.0% | +22.5% |
| YoY Change | — | — | — | — | -7.0% | -7.0% | -7.0% | -7.0% | +11.0% | +22.5% |
Range$102.28M – $139.06M
CAGR+11.0%
Avg YoY Growth+0.9%
Median YoY Growth-7.0%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Simon Property Group's business segments — real estate tax expense?
- Simon Property Group (SPG) reported business segments — real estate tax expense of $139.06M in Q1 2026.
- How has Simon Property Group's business segments — real estate tax expense changed year-over-year?
- Simon Property Group's business segments — real estate tax expense increased by 22.5% year-over-year, from $113.49M to $139.06M.
- What does business segments — real estate tax expense mean?
- Total property taxes paid on real estate holdings.