Macerich Financial Statements From 2010 to 2024

MAC Stock  USD 19.56  0.09  0.46%   
Macerich financial statements provide useful quarterly and yearly information to potential Macerich Company investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Macerich financial statements helps investors assess Macerich's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Macerich's valuation are summarized below:
Gross Profit
475.2 M
Profit Margin
0.1006
Market Capitalization
4.6 B
Enterprise Value Revenue
9.8388
Revenue
788.3 M
We have found one hundred twenty available fundamental ratios for Macerich, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Macerich's last-minute performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 3.7 B. The current year's Enterprise Value is expected to grow to about 6.3 B

Macerich Total Revenue

737.89 Million

Check Macerich financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Macerich's main balance sheet or income statement drivers, such as Depreciation And Amortization of 224 M, Interest Expense of 139.7 M or Selling General Administrative of 18.9 M, as well as many indicators such as Price To Sales Ratio of 4.32, Dividend Yield of 0.0876 or PTB Ratio of 2.55. Macerich financial statements analysis is a perfect complement when working with Macerich Valuation or Volatility modules.
  
Check out the analysis of Macerich Correlation against competitors.

Macerich Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.1 B7.5 B8.6 B
Very volatile
Short and Long Term Debt Total4.3 B4.4 B5.4 B
Pretty Stable
Total Stockholder Equity2.2 B2.4 B3.1 B
Very volatile
Property Plant And Equipment Net112.7 M118.7 M5.5 B
Slightly volatile
Net Debt3.7 B4.2 B4.2 B
Very volatile
Other Assets6.4 B6.1 B2.1 B
Slightly volatile
Common Stock Shares Outstanding111.5 M215.5 M146.1 M
Slightly volatile
Liabilities And Stockholders Equity7.1 B7.5 B8.6 B
Very volatile
Non Current Liabilities Total3.8 B3.7 B4.7 B
Pretty Stable
Total Liabilities4.7 BB5.3 B
Pretty Stable
Property Plant And Equipment Gross112.7 M118.7 M5.1 B
Slightly volatile
Other Current Liabilities601.4 M509.5 M450.9 M
Pretty Stable
Total Current Liabilities643 M573.7 M526.8 M
Pretty Stable
Accounts Payable83.4 M64.2 M90.2 M
Slightly volatile
Cash117.6 M94.9 M111.2 M
Slightly volatile
Non Current Assets TotalB7.1 BB
Very volatile
Cash And Short Term Investments125 M94.9 M114.9 M
Slightly volatile
Net Receivables135.4 M188.2 M169.3 M
Slightly volatile
Common Stock Total Equity2.6 M2.5 M1.6 M
Slightly volatile
Total Current Assets450.5 M378.5 M627.2 M
Very volatile
Common Stock1.2 M2.2 M1.5 M
Slightly volatile
Other Liabilities41.4 M43.5 M188.4 M
Slightly volatile
Long Term Debt4.8 B4.2 B4.8 B
Pretty Stable
Short Term Investments1.5 B1.4 B641 M
Slightly volatile
Intangible Assets62.1 M65.4 M247.5 M
Slightly volatile
Net Tangible Assets2.7 B2.6 B3.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity71.5 M75.2 M246.4 M
Slightly volatile
Long Term Debt Total5.5 B5.2 BB
Slightly volatile
Capital Surpluse4.9 B6.3 B4.6 B
Slightly volatile
Deferred Long Term Liabilities33.6 M35.3 M106.6 M
Very volatile
Long Term Investments1.4 B852.8 M1.3 B
Pretty Stable
Property Plant Equipment5.8 B5.6 BB
Slightly volatile
Short and Long Term Debt257.5 M271 MB
Slightly volatile
Short Term Debt1.4 B823.1 M2.9 B
Slightly volatile
Non Current Liabilities Other149.8 M102.5 M133.5 M
Slightly volatile
Cash And Equivalents167.5 M115.4 M127.5 M
Slightly volatile
Net Invested Capital6.2 B6.7 B8.2 B
Slightly volatile
Capital StockM2.2 M1.6 M
Slightly volatile
Capital Lease Obligations74.2 M84 M104.4 M
Slightly volatile

Macerich Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization224 M296.4 M289.8 M
Slightly volatile
Selling General Administrative18.9 M29.2 M24.6 M
Slightly volatile
Total Revenue737.9 M881.4 M880.3 M
Pretty Stable
Gross Profit193.9 M204.1 M484.5 M
Pretty Stable
Other Operating Expenses544.4 M703.8 M691.8 M
Pretty Stable
EBITDA8.4 M8.8 M590.3 M
Slightly volatile
Cost Of Revenue346.3 M677.3 M393.8 M
Slightly volatile
Interest Income4.5 M4.7 M39.4 M
Slightly volatile
Reconciled Depreciation256 M300.1 M325.2 M
Slightly volatile

Macerich Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow116.9 M181.1 M152 M
Pretty Stable
Depreciation243 M296.4 M312 M
Pretty Stable
Capital Expenditures271.8 M159.5 M307.4 M
Slightly volatile
Total Cash From Operating Activities265 M295.5 M319.6 M
Very volatile
End Period Cash Flow121.7 M190.3 M131.3 M
Slightly volatile
Dividends Paid293.1 M146.6 M358.5 M
Pretty Stable
Other Cashflows From Investing Activities82.8 M87.1 M387.9 M
Slightly volatile
Stock Based Compensation17.1 M13.2 M19.9 M
Pretty Stable
Issuance Of Capital Stock1.7 M1.8 M56.9 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.323.77366.5111
Slightly volatile
Dividend Yield0.08760.04410.067
Pretty Stable
PTB Ratio2.551.35922.0721
Slightly volatile
Days Sales Outstanding43.3577.952664.0345
Slightly volatile
Book Value Per Share17.0811.726422.3121
Slightly volatile
Operating Cash Flow Per Share1.31.37092.1765
Slightly volatile
Stock Based Compensation To Revenue0.02390.01490.0208
Very volatile
Capex To Depreciation0.350.371.2397
Slightly volatile
PB Ratio2.551.35922.0721
Slightly volatile
EV To Sales8.348.671911.242
Slightly volatile
Inventory Turnover13.878.0310.9532
Very volatile
Days Of Inventory On Hand49.6547.0261.7537
Very volatile
Payables Turnover11.0810.55016.204
Slightly volatile
Sales General And Administrative To Revenue0.01920.03320.0273
Slightly volatile
Capex To Revenue0.120.130.4038
Slightly volatile
Cash Per Share0.420.44040.7666
Very volatile
POCF Ratio12.3711.255117.8923
Slightly volatile
Capex To Operating Cash Flow0.320.331.0588
Slightly volatile
Days Payables Outstanding32.8734.596976.9906
Slightly volatile
EV To Operating Cash Flow24.2525.86532.4609
Pretty Stable
Intangibles To Total Assets0.00830.00870.0284
Slightly volatile
Net Debt To EBITDA23.7722.636510.9116
Slightly volatile
Current Ratio0.280.2961.1065
Very volatile
Tangible Book Value Per Share16.4711.423120.7569
Slightly volatile
Receivables Turnover4.454.68238.5213
Slightly volatile
Graham Number20.5818.021628.2572
Slightly volatile
Shareholders Equity Per Share14.5111.352620.3054
Slightly volatile
Debt To Equity2.91.76881.8582
Very volatile
Capex Per Share0.50.522.4899
Slightly volatile
Revenue Per Share3.884.0895.9706
Slightly volatile
Interest Debt Per Share19.8420.882229.7864
Slightly volatile
Debt To Assets0.650.57610.563
Slightly volatile
Enterprise Value Over EBITDA42.0840.075122.2065
Slightly volatile
Operating Cycle77.377.9526110
Pretty Stable
Price Book Value Ratio2.551.35922.0721
Slightly volatile
Days Of Payables Outstanding32.8734.596976.9906
Slightly volatile
Price To Operating Cash Flows Ratio12.3711.255117.8923
Slightly volatile
Company Equity Multiplier4.653.07053.1777
Very volatile
Long Term Debt To Capitalization0.750.63880.631
Pretty Stable
Total Debt To Capitalization0.750.63880.631
Pretty Stable
Debt Equity Ratio2.91.76881.8582
Very volatile
Dividend Paid And Capex Coverage Ratio2.122.01530.7719
Slightly volatile
Net Income Per E B T0.781.00181.0319
Slightly volatile
Cash Ratio0.140.07420.2114
Pretty Stable
Operating Cash Flow Sales Ratio0.410.33530.3642
Pretty Stable
Days Of Inventory Outstanding49.6547.0261.7537
Very volatile
Days Of Sales Outstanding43.3577.952664.0345
Slightly volatile
Cash Flow Coverage Ratios0.08390.06830.0691
Pretty Stable
Price To Book Ratio2.551.35922.0721
Slightly volatile
Fixed Asset Turnover7.87.42741.5399
Slightly volatile
Capital Expenditure Coverage Ratio3.263.11.7295
Slightly volatile
Price Cash Flow Ratio12.3711.255117.8923
Slightly volatile
Enterprise Value Multiple42.0840.075122.2065
Slightly volatile
Debt Ratio0.650.57610.563
Slightly volatile
Cash Flow To Debt Ratio0.08390.06830.0691
Pretty Stable
Price Sales Ratio4.323.77366.5111
Slightly volatile
Asset Turnover0.120.11730.1073
Pretty Stable
Gross Profit Margin0.220.23160.5619
Slightly volatile
Price Fair Value2.551.35922.0721
Slightly volatile

Macerich Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.7 B3.4 B6.4 B
Slightly volatile
Enterprise Value6.3 B3.4 BB
Slightly volatile

Macerich Fundamental Market Drivers

Forward Price Earnings500
Cash And Short Term Investments94.9 M

Macerich Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Macerich Financial Statements

Macerich stakeholders use historical fundamental indicators, such as Macerich's revenue or net income, to determine how well the company is positioned to perform in the future. Although Macerich investors may analyze each financial statement separately, they are all interrelated. For example, changes in Macerich's assets and liabilities are reflected in the revenues and expenses on Macerich's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Macerich Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-823.1 M-864.3 M
Total Revenue881.4 M737.9 M
Cost Of Revenue677.3 M346.3 M
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.03  0.02 
Capex To Revenue 0.13  0.12 
Revenue Per Share 4.09  3.88 
Ebit Per Revenue 0.19  0.18 

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When determining whether Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:
Check out the analysis of Macerich Correlation against competitors.
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Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
39.711
Dividend Share
0.68
Earnings Share
0.36
Revenue Per Share
3.639
Quarterly Revenue Growth
(0.03)
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.