Kimco Realty vs Simon Property
Simon Property is the larger business, with $6.36bn of revenue in fiscal 2025 against $2.14bn for Kimco Realty (3.0 times as much). Simon Property grew faster (6.7% against 5.1%). Simon Property kept more of each dollar of sales as profit: a net margin of 72.7% against 27.3%. Kimco Realty carries less debt relative to equity (74.3% against 549.0%).
| Latest fiscal year | Kimco RealtyKIM, 2025 | Simon PropertySPG, 2025 |
|---|---|---|
| Revenue | $2.14bn | $6.36bn |
| Revenue growth | 5.1% | 6.7% |
| Net income | $585m | $4.62bn |
| Operating margin | 36.0% | 49.9% |
| Net margin | 27.3% | 72.7% |
| Return on equity | 5.6% | 113.5% |
| Free cash flow | $1.10bn | $3.20bn |
| Cash | $212m | $823m |
| Total debt | $7.72bn | $28.60bn |
| Debt to equity | 74.3% | 549.0% |
| Dividend per share | $1.01 | — |
| Dividend yield | 4.5% | — |
| Share buybacks | $120m | $227m |
| Employees | — | — |
| Market value | $16.52bn | $71.81bn |
| Price vs our value range | — | — |
| Moat score | 66 (Moderate) | 75 (Strong) |
| Insider trades, 12 months | 0 buys, 1 sales | 61 buys, 1 sales |