• Simon Property average pre-tax profit margin for 2024 was 46.07%, a 18.8% decline from 2023.
• Simon Property average pre-tax profit margin for 2023 was 38.78%, a 9.52% increase from 2022.
• Simon Property average pre-tax profit margin for 2022 was 35.41%, a 17.06% increase from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.