• Simon Property average ebit margin for 2023 was 49.09%, a 3% increase from 2022.
• Simon Property average ebit margin for 2022 was 47.66%, a 5.54% increase from 2021.
• Simon Property average ebit margin for 2021 was 45.16%, a 3.71% increase from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues