Business Segments · Segment Operating Expenses Total

Business Segments — Segment Operating Expenses Total

Simon Property Group Business Segments — Segment Operating Expenses Total increased by 26.8% to $463.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.8%, from $365.27M to $463.10M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

Lower total expenses relative to revenue indicate superior operational efficiency and better profitability.

Detailed definition

This metric aggregates all direct operating costs associated with the real estate segment, including taxes, maintenance,...

Peer comparison

Standard metric for all REITs to evaluate the total cost of property operations.

Metric ID: spg_segment_real_estate_segment_operating_expenses_total

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$336.40M$336.40M$336.40M$336.40M$344.72M$344.72M$344.72M$344.72M$365.27M$463.10M
QoQ Change+0.0%+0.0%+0.0%+2.5%+0.0%+0.0%+0.0%+6.0%+26.8%
YoY Change+2.5%+2.5%+2.5%+2.5%+6.0%+26.8%
Range$336.40M$463.10M
CAGR+15.3%
Avg YoY Growth+7.1%
Median YoY Growth+2.5%
Current Streak9+ quarters growth

Frequently Asked Questions

What is Simon Property Group's business segments — segment operating expenses total?
Simon Property Group (SPG) reported business segments — segment operating expenses total of $463.10M in Q1 2026.
How has Simon Property Group's business segments — segment operating expenses total changed year-over-year?
Simon Property Group's business segments — segment operating expenses total increased by 26.8% year-over-year, from $365.27M to $463.10M.
What does business segments — segment operating expenses total mean?
The total of all operating expenses for the real estate segment.