| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| SPGSimon Property Group, Inc. | 59.52B | 182.31 | 25.11 | 5.39% | 36.29% | 75.1% | 5.14% | 6.89 |
| CBLCBL & Associates Properties, Inc. | 1.14B | 37.14 | 19.86 | -3.68% | 22.36% | 36.35% | 17.75% | 7.07 |
| SRGSeritage Growth Properties | 199.95M | 3.55 | -1.26 | -15.19% | -404.37% | -21.96% | 0.59 | |
| MACThe Macerich Company | 4.69B | 18.32 | -23.49 | 3.86% | -37.97% | -15.09% | 6.04% | 1.78 |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.29B | 1.04B | 993.66M | 960.35M | 927.46M | 786.03M | 847.44M | 859.16M | 884.07M | 918.2M |
| Revenue Growth % | 0.17% | -0.19% | -0.05% | -0.03% | -0.03% | -0.15% | 0.08% | 0.01% | 0.03% | 0.04% |
| Property Operating Expenses | 472.15M | 405.95M | 395.31M | 381M | 367.95M | 347.98M | 380.88M | 390.35M | 394.89M | 430.27M |
| Net Operating Income (NOI) | - | - | - | - | - | - | - | - | - | - |
| NOI Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 494.34M | 376.7M | 363.67M | 370.96M | 353.36M | 349.96M | 341.19M | 318.78M | 311.6M | 322.93M |
| G&A Expenses | 29.87M | 28.22M | 28.24M | 24.16M | 22.63M | 30.34M | 30.06M | 27.16M | 29.24M | 28.14M |
| EBITDA | 786.12M | 607.11M | 575.96M | 636M | 543.82M | 414.15M | 449.77M | 452.51M | 473.97M | 470.89M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 464.47M | 348.49M | 341.27M | 327.44M | 337.67M | 326.06M | 324.4M | 302.48M | 296.39M | 305.88M |
| D&A / Revenue % | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 321.65M | 258.62M | 234.68M | 308.56M | 206.15M | 88.09M | 125.37M | 150.03M | 177.58M | 165.01M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 211.94M | 163.68M | 171.78M | 182.96M | 138.25M | 75.55M | 192.68M | 216.85M | 172.92M | 219.99M |
| Interest Coverage | 1.52x | 1.58x | 1.37x | 1.69x | 1.49x | 1.17x | 0.65x | 0.69x | 1.03x | 0.75x |
| Non-Operating Income | -409.98M | 0 | 0 | 60.23M | -36.25M | 258.45M | -90.42M | -2.44M | 283.25M | 143.99M |
| Pretax Income | 519.69M | 555.56M | 177.27M | 65.37M | 104.14M | -245.91M | 23.11M | -64.37M | -278.59M | -198.97M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - |
| Income Tax | -3.22M | 722K | 15.59M | -3.6M | 1.59M | -447K | 6.95M | 705K | -494K | -1.3M |
| Effective Tax Rate % | - | - | - | - | - | - | - | - | - | - |
| Net Income | 486.07M | 517M | 145.37M | 60.02M | 96.82M | -230.2M | 14.26M | -66.07M | -274.06M | -194.12M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | -0.68% | 0.06% | -0.72% | -0.59% | 0.61% | -3.38% | 1.06% | -5.63% | -3.15% | 0.29% |
| Funds From Operations (FFO) | - | - | - | - | - | - | - | - | - | - |
| FFO Margin % | - | - | - | - | - | - | - | - | - | - |
| FFO Growth % | -0.49% | -0.09% | -0.44% | -0.2% | 0.12% | -0.78% | 2.53% | -0.3% | -0.91% | 4% |
| FFO per Share | - | - | - | - | - | - | - | - | - | - |
| FFO Payout Ratio % | - | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | 3.16 | 3.59 | 1.04 | 0.43 | 0.68 | -1.58 | 0.07 | -0.31 | -1.28 | -0.78 |
| EPS Growth % | -0.67% | 0.14% | -0.71% | -0.59% | 0.58% | -3.32% | 1.04% | -5.58% | -3.13% | 0.39% |
| EPS (Basic) | 3.16 | 3.59 | 1.04 | 0.43 | 0.68 | -1.58 | 0.07 | -0.31 | -1.28 | -0.79 |
| Diluted Shares Outstanding | 158.06M | 146.71M | 141.91M | 141.14M | 141.34M | 146.23M | 198.07M | 215.03M | 215.55M | 249.75M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 11.24B | 9.96B | 9.61B | 9.03B | 8.85B | 9.18B | 8.35B | 8.09B | 7.51B | 8.57B |
| Asset Growth % | -0.14% | -0.11% | -0.04% | -0.06% | -0.02% | 0.04% | -0.09% | -0.03% | -0.07% | 0.14% |
| Real Estate & Other Assets | 9.04B | 7.59B | 7.23B | 6.88B | 6.73B | 6.8B | 6.36B | 6.28B | 6.04B | 7.23B |
| PP&E (Net) | 182.97M | 146.29M | 0 | 0 | 148.09M | 118.36M | 110.64M | 126.61M | 118.66M | 111.04M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 341.83M | 349.22M | 337.92M | 357.97M | 264.41M | 723.47M | 378.33M | 368.03M | 378.53M | 334.67M |
| Cash & Equivalents | 86.51M | 94.05M | 91.04M | 102.71M | 100M | 465.3M | 112.45M | 100.32M | 94.94M | 89.86M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 41.39M | 49.95M | 52.07M | 46.59M | 14.21M | 17.36M | 54.52M | 80.82M | 95.36M | 87.62M |
| Intangible Assets | 469.82M | 354.67M | 298.43M | 259.36M | 158.6M | 175.51M | 151.82M | 73.05M | 102.3M | 211.48M |
| Total Liabilities | 6.16B | 5.53B | 5.64B | 5.84B | 6.02B | 6.74B | 5.17B | 5.14B | 4.99B | 5.72B |
| Total Debt | 5.26B | 4.97B | 5.17B | 4.98B | 5.32B | 6.13B | 4.61B | 4.5B | 4.31B | 5.06B |
| Net Debt | 5.17B | 4.87B | 5.08B | 4.88B | 5.22B | 5.66B | 4.5B | 4.4B | 4.21B | 4.97B |
| Long-Term Debt | 5.26B | 4.8B | 5.17B | 4.98B | 5.21B | 6.04B | 4.53B | 4.4B | 4.23B | 4.99B |
| Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 125.19M | 86.31M | 65.08M | 51.98M | 114.2M | 90.22M | 80.71M | 94.91M | 83.99M | 71.68M |
| Total Current Liabilities | 839.84M | 582.75M | 467.6M | 477.43M | 424.52M | 475.8M | 441.44M | 502.94M | 573.72M | 660.08M |
| Accounts Payable | 73.64M | 60.58M | 57.7M | 59.39M | 51.03M | 68.83M | 59.23M | 63.11M | 64.19M | 87.54M |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 188.95M | 135.61M | 65.08M | 326.5M | 273.9M | 134.38M | 118.99M | 143.22M | 102.52M | 0 |
| Total Equity | 5.07B | 4.43B | 3.97B | 3.19B | 2.83B | 2.45B | 3.18B | 2.95B | 2.53B | 2.84B |
| Equity Growth % | -0.16% | -0.13% | -0.1% | -0.2% | -0.11% | -0.14% | 0.3% | -0.07% | -0.14% | 0.12% |
| Shareholders Equity | 4.72B | 4.11B | 3.68B | 2.95B | 2.63B | 2.26B | 3.05B | 2.87B | 2.45B | 2.76B |
| Minority Interest | 355.82M | 321.28M | 286.42M | 238.2M | 198.71M | 188.21M | 129.28M | 83.58M | 80.58M | 85.94M |
| Common Stock | 1.54M | 1.44M | 1.41M | 1.41M | 1.41M | 1.5M | 2.15M | 2.15M | 2.16M | 2.53M |
| Additional Paid-in Capital | 4.93B | 4.59B | 4.51B | 4.57B | 4.58B | 4.6B | 5.49B | 5.51B | 5.51B | 6.16B |
| Retained Earnings | -212.76M | -488.78M | -830.28M | -1.61B | -1.94B | -2.34B | -2.44B | -2.64B | -3.06B | -3.41B |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 0.04% | 0.05% | 0.01% | 0.01% | 0.01% | -0.03% | 0% | -0.01% | -0.04% | -0.02% |
| Return on Equity (ROE) | 0.09% | 0.11% | 0.03% | 0.02% | 0.03% | -0.09% | 0.01% | -0.02% | -0.1% | -0.07% |
| Debt / Assets | 0.47% | 0.5% | 0.54% | 0.55% | 0.6% | 0.67% | 0.55% | 0.56% | 0.57% | 0.59% |
| Debt / Equity | 1.04x | 1.12x | 1.30x | 1.56x | 1.88x | 2.51x | 1.45x | 1.53x | 1.71x | 1.78x |
| Net Debt / EBITDA | 6.58x | 8.02x | 8.82x | 7.67x | 9.61x | 13.67x | 10.00x | 9.72x | 8.89x | 10.56x |
| Book Value per Share | 32.08 | 30.18 | 27.96 | 22.59 | 20.03 | 16.72 | 16.04 | 13.72 | 11.73 | 11.38 |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 540.38M | 417.51M | 386.39M | 344.31M | 355.16M | 124.84M | 286.37M | 337.51M | 295.5M | 283.44M |
| Operating CF Growth % | 0.35% | -0.23% | -0.07% | -0.11% | 0.03% | -0.65% | 1.29% | 0.18% | -0.12% | -0.04% |
| Operating CF / Revenue % | - | - | - | - | - | - | - | - | - | - |
| Net Income | 522.91M | 554.84M | 161.67M | 68.97M | 102.55M | -245.46M | 16.16M | -65.08M | -278.1M | -197.66M |
| Depreciation & Amortization | 454.81M | 342.54M | 341.27M | 332.74M | 337.67M | 326.06M | 324.4M | 302.48M | 296.39M | 305.88M |
| Stock-Based Compensation | 28.37M | 33.29M | 30.8M | 27.37M | 12.03M | 13.84M | 14.27M | 17.64M | 13.17M | 12.13M |
| Other Non-Cash Items | -471.17M | -471.1M | -122.42M | -61.23M | -119.21M | 138.7M | -119.84M | 21.4M | 246.24M | 146.35M |
| Working Capital Changes | 5.46M | -42.79M | -40.53M | -19.93M | 20.52M | -107.85M | 44.43M | 60.37M | 18.3M | 18.05M |
| Cash from Investing | -101.02M | 454.07M | 178.99M | 176.32M | -112.03M | -202.85M | 234.97M | -1.4M | 52.54M | 19.79M |
| Acquisitions (Net) | -426.19M | -430.43M | -117.54M | -181.24M | -252.9M | -126.66M | -86.85M | -81.72M | -81.16M | -12.97M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 325.16M | 884.49M | 296.53M | 357.56M | 140.88M | -76.19M | 321.81M | 80.32M | 133.7M | 32.76M |
| Cash from Financing | -437.75M | -853.08M | -566.27M | -514.44M | -278.22M | 446.45M | -837.02M | -321.94M | -338.89M | -316.05M |
| Dividends Paid | -810.61M | -779.31M | -443.84M | -453.63M | -474.53M | -179.86M | -143.45M | -186.33M | -159.29M | -161.29M |
| Common Dividends | -810.61M | -779.31M | -547.59M | -453.63M | -474.53M | -179.86M | -143.45M | -186.33M | -159.29M | -161.29M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K |
| Share Repurchases | -400.14M | -800.02M | -221.43M | 0 | 0 | 0 | 0 | -183K | -583K | 0 |
| Other Financing | -13.16M | -38.7M | -104.64M | -7.56M | -4.7M | -3.82M | -22.92M | -6.17M | -34.55M | -8.79M |
| Net Change in Cash | 1.6M | 57.49M | -892K | 6.2M | -35.09M | 368.44M | -315.69M | 14.17M | 9.15M | -12.81M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 84.91M | 86.51M | 144M | 143.1M | 149.3M | 114.22M | 482.66M | 166.97M | 181.14M | 190.29M |
| Cash at End | 86.51M | 144M | 143.1M | 149.3M | 114.22M | 482.66M | 166.97M | 181.14M | 190.29M | 177.48M |
| Free Cash Flow | 554.96M | 429.53M | 386.39M | 344.31M | 355.16M | 124.84M | 286.37M | 337.51M | 295.5M | 283.44M |
| FCF Growth % | 0.38% | -0.23% | -0.1% | -0.11% | 0.03% | -0.65% | 1.29% | 0.18% | -0.12% | -0.04% |
| FCF / Revenue % | - | - | - | - | - | - | - | - | - | - |
| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 6.01 | 5.9 | 3.43 | 2.75 | 3.07 | 0.66 | 1.71 | 1.1 | 0.1 | 0.45 |
| FFO Payout Ratio | 85.28% | 90.04% | 112.52% | 117.08% | 109.22% | 187.64% | 42.36% | 78.81% | 713.38% | 144.32% |
| NOI Margin | 63.35% | 61.01% | 60.22% | 60.33% | 60.33% | 55.73% | 55.05% | 54.57% | 55.33% | 53.14% |
| Net Debt / EBITDA | 6.58x | 8.02x | 8.82x | 7.67x | 9.61x | 13.67x | 10.00x | 9.72x | 8.89x | 10.56x |
| Debt / Assets | 46.82% | 49.87% | 53.82% | 55.2% | 60.14% | 66.73% | 55.23% | 55.58% | 57.36% | 59.12% |
| Interest Coverage | 1.52x | 1.58x | 1.37x | 1.69x | 1.49x | 1.17x | 0.65x | 0.69x | 1.03x | 0.75x |
| Book Value / Share | 32.08 | 30.18 | 27.96 | 22.59 | 20.03 | 16.72 | 16.04 | 13.72 | 11.73 | 11.38 |
| Revenue Growth | 16.55% | -19.17% | -4.57% | -3.35% | -3.42% | -15.25% | 7.81% | 1.38% | 2.9% | 3.86% |
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Real Estate, Other | 59.97M | 27.88M | 22.24M | 33.87M | 30.1M | 44.86M | 37.94M |
| Real Estate, Other Growth | - | -53.51% | -20.22% | 52.27% | -11.11% | 49.02% | -15.43% |
| Management Service | - | - | 23.46M | 26.02M | 28.51M | 30.18M | 29.81M |
| Management Service Growth | - | - | - | 10.92% | 9.56% | 5.87% | -1.23% |
| Tenant Recoveries | 263.48M | - | - | - | - | - | - |
| Tenant Recoveries Growth | - | - | - | - | - | - | - |
The Macerich Company (MAC) reported $1.03B in revenue for fiscal year 2024. This represents a 30% increase from $791.3M in 2011.
The Macerich Company (MAC) grew revenue by 3.9% over the past year. Growth has been modest.
The Macerich Company (MAC) reported a net loss of $389.6M for fiscal year 2024.
Yes, The Macerich Company (MAC) pays a dividend with a yield of 3.53%. This makes it attractive for income-focused investors.
The Macerich Company (MAC) has a return on equity (ROE) of -7.2%. Negative ROE indicates the company is unprofitable.
The Macerich Company (MAC) generated Funds From Operations (FFO) of $-30.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.
The Macerich Company (MAC) offers a 3.53% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.