SPGNEUTRAL

SPG Debt-to-Equity Ratio Analysis

5.81x

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 percentile

SPG

5.81x

Sector Median

0.74x

Sector Avg

2.51x

Prior Period

5.96x(May 2026)

↑ Improving
📊

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).

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.

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SPG

5.81x

Sector Median

0.74x

Sector Avg

2.51x

How SPG's Debt-to-Equity Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.