SPG Debt-to-Equity Ratio Analysis
Updated 321h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio, which compares a company's total liabilities to shareholder equity, stands at 5.81x for SPG, meaning debt is nearly six times equity.
Sector Performance
97th percentileSPG
5.81x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
5.96x(May 2026)
Deep Analysis
The debt-to-equity ratio, which compares a company's total liabilities to shareholder equity, stands at 5.81x for SPG, meaning debt is nearly six times equity.
This is far above the sector median of 0.73x, placing SPG in the 98th percentile among peers. The year-over-year change is N/A, and the quarter-over-quarter change is also N/A, so no trend direction can be established from the available data. A high debt-to-equity level with no observable trend signals elevated leverage risk, but also potential for higher returns if borrowed funds are used productively. Because the level is exceptionally high relative to peers, the risk of financial distress is more pronounced, yet the lack of any change over time prevents a clear forward-looking call. This metric supports the overall NEUTRAL verdict, as the high leverage is a risk factor, but the absence of trend data leaves room for uncertainty rather than a strong bearish or bullish case.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about SPG?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are SPG's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
How to Spot a Debt Problem Before It Hits the Stock Price
Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.
Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master SPG's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full SPG research report →SPG
5.81x
Sector Median
0.74x
Sector Avg
2.51x
How SPG's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.