Macerich Financial Statements From 2010 to 2026

MAC Stock  USD 18.60  0.17  0.92%   
Macerich's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Macerich's valuation are provided below:
Gross Profit
636.9 M
Profit Margin
(0.35)
Market Capitalization
B
Enterprise Value Revenue
9.3769
Revenue
1.1 B
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 2026 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 13.6 B, whereas Market Cap is forecasted to decline to about 3 B.

Macerich Total Revenue

762.41 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 244.6 M, Interest Expense of 150.4 M or Selling General Administrative of 19.3 M, as well as many indicators such as Price To Sales Ratio of 4.26, Dividend Yield of 0.0361 or PTB Ratio of 2.56. Macerich financial statements analysis is a perfect complement when working with Macerich Valuation or Volatility modules.
  
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Check out the analysis of Macerich Correlation against competitors.

Macerich Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.1 B9.9 B8.7 B
Pretty Stable
Short and Long Term Debt Total4.3 B5.8 B5.4 B
Pretty Stable
Total Stockholder Equity2.2 B3.2 BB
Very volatile
Property Plant And Equipment Net121.3 M127.7 M4.9 B
Slightly volatile
Net Debt3.7 B5.7 B4.3 B
Pretty Stable
Other Assets9.9 B9.4 B3.1 B
Slightly volatile
Common Stock Shares Outstanding301.6 M287.2 M171.4 M
Slightly volatile
Liabilities And Stockholders Equity7.1 B9.9 B8.7 B
Pretty Stable
Non Current Liabilities Total4.4 B5.8 B4.9 B
Slightly volatile
Total Liabilities4.7 B6.6 B5.4 B
Slightly volatile
Property Plant And Equipment Gross121.3 M127.7 M4.5 B
Slightly volatile
Total Current Liabilities480.4 M759.1 M542.9 M
Pretty Stable
Accounts Payable68.7 M100.7 M67.9 M
Slightly volatile
Cash116.9 M103.3 M109.5 M
Slightly volatile
Non Current Assets Total7.1 B9.5 B8.2 B
Pretty Stable
Cash And Short Term Investments122.4 M103.3 M112.6 M
Pretty Stable
Net Receivables131 M180.8 M165.5 M
Slightly volatile
Common Stock Total Equity2.6 M2.5 M1.7 M
Slightly volatile
Total Current Assets409.8 M384.9 M528.7 M
Very volatile
Common Stock3.1 M2.9 M1.7 M
Slightly volatile
Other Liabilities41.4 M43.5 M172 M
Slightly volatile
Long Term Debt4.8 B5.7 B4.8 B
Slightly volatile
Intangible Assets252.2 M243.2 M267.5 M
Slightly volatile
Net Tangible Assets2.7 B2.6 B3.2 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity71.5 M75.2 M227.2 M
Slightly volatile
Long Term Debt Total5.4 B5.7 BB
Pretty Stable
Capital Surpluse5.1 B7.1 B4.8 B
Slightly volatile
Deferred Long Term Liabilities33.6 M35.3 M97.7 M
Pretty Stable
Long Term Investments1.3 B752.9 M1.2 B
Very volatile
Property Plant Equipment5.7 B6.5 BB
Slightly volatile
Short and Long Term Debt257.5 M271 M2.7 B
Slightly volatile
Short Term Debt282.3 M297.1 M2.5 B
Slightly volatile
Non Current Liabilities Other149.8 M92.3 M129.2 M
Slightly volatile
Cash And Equivalents152.9 M103.3 M121.8 M
Pretty Stable
Net Invested Capital6.2 BB8.1 B
Slightly volatile
Capital Stock2.1 M2.9 M1.7 M
Slightly volatile
Capital Lease Obligations71.4 M64.5 M100 M
Slightly volatile

Macerich Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization244.6 M351.8 M314.7 M
Pretty Stable
Selling General Administrative19.3 M32.4 M25.3 M
Slightly volatile
Total Revenue762.4 M1.1 B894.5 M
Pretty Stable
Gross Profit513.7 M561.1 M524.8 M
Pretty Stable
Other Operating Expenses574 M866.2 M707.6 M
Slightly volatile
Operating Income207.2 M189.8 M198.8 M
Pretty Stable
EBITDA518.9 M375.9 M599.3 M
Slightly volatile
Total Operating Expenses356 M371.4 M366.2 M
Very volatile
Cost Of Revenue346.2 M494.8 M385.3 M
Slightly volatile
Interest Income238.3 M227 M82.4 M
Slightly volatile
Reconciled Depreciation254.5 M275.3 M321 M
Slightly volatile

Macerich Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow121.6 M218.8 M161.4 M
Pretty Stable
Depreciation245.7 M351.8 M313.9 M
Pretty Stable
Capital Expenditures266.9 M150.9 M288.8 M
Slightly volatile
Total Cash From Operating Activities263.4 M326 M317.8 M
Very volatile
End Period Cash Flow127.7 M204.1 M144.6 M
Slightly volatile
Stock Based Compensation15.8 M10.9 M19 M
Slightly volatile
Issuance Of Capital Stock795.6 M757.7 M180.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.264.786.351
Slightly volatile
Dividend Yield0.03610.0380.0575
Very volatile
PTB Ratio2.562.032.0569
Slightly volatile
Days Sales Outstanding41.3456.2461.7125
Slightly volatile
Book Value Per Share16.8810.4520.9194
Slightly volatile
Operating Cash Flow Per Share1.261.332.0588
Slightly volatile
Stock Based Compensation To Revenue0.02270.01520.0204
Pretty Stable
Capex To Depreciation0.951.011.1913
Slightly volatile
PB Ratio2.562.032.0569
Slightly volatile
EV To Sales8.39.6611.4447
Slightly volatile
ROIC0.03850.02380.0272
Slightly volatile
Payables Turnover4.134.425.3216
Slightly volatile
Sales General And Administrative To Revenue0.01890.02760.0275
Slightly volatile
Capex To Revenue0.340.360.3901
Slightly volatile
Cash Per Share0.40.420.7206
Very volatile
POCF Ratio12.3715.4817.75
Slightly volatile
Interest Coverage1.260.861.23
Slightly volatile
Capex To Operating Cash Flow1.141.21.2207
Slightly volatile
Days Payables Outstanding81.1385.4196
Slightly volatile
EV To Operating Cash Flow24.2531.2833.3754
Pretty Stable
Intangibles To Total Assets0.02870.02840.0267
Slightly volatile
Net Debt To EBITDA7.4613.710.5726
Slightly volatile
Current Ratio0.550.581.2587
Slightly volatile
Tangible Book Value Per Share16.289.6719.4833
Slightly volatile
Receivables Turnover13.096.728.9645
Slightly volatile
Shareholders Equity Per Share14.1710.1319.1049
Slightly volatile
Debt To Equity2.922.111.833
Pretty Stable
Capex Per Share2.052.162.2529
Slightly volatile
Revenue Per Share8.544.316.0036
Slightly volatile
Interest Debt Per Share46.424.8232.6685
Pretty Stable
Debt To Assets0.650.680.5678
Slightly volatile
Enterprise Value Over EBITDA14.327.1221.17
Slightly volatile
Graham Number4.274.4922.2933
Slightly volatile
Operating Cycle41.3456.2461.7125
Slightly volatile
Price Book Value Ratio2.562.032.0569
Slightly volatile
Days Of Payables Outstanding81.1385.4196
Slightly volatile
Price To Operating Cash Flows Ratio12.3715.4817.75
Slightly volatile
Operating Profit Margin0.20.210.2899
Slightly volatile
Company Equity Multiplier4.723.573.2005
Pretty Stable
Long Term Debt To Capitalization0.750.740.6329
Slightly volatile
Total Debt To Capitalization0.750.740.6349
Slightly volatile
Return On Capital Employed0.02280.0240.036
Slightly volatile
Debt Equity Ratio2.922.111.833
Pretty Stable
Ebit Per Revenue0.20.210.2899
Slightly volatile
Quick Ratio0.550.581.2587
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.661.581.1055
Slightly volatile
Net Income Per E B T0.790.880.9543
Very volatile
Cash Ratio0.150.161.0481
Slightly volatile
Operating Cash Flow Sales Ratio0.40.350.3595
Pretty Stable
Days Of Sales Outstanding41.3456.2461.7125
Slightly volatile
Cash Flow Coverage Ratios0.08380.06440.0708
Slightly volatile
Price To Book Ratio2.562.032.0569
Slightly volatile
Fixed Asset Turnover7.817.446.2603
Slightly volatile
Capital Expenditure Coverage Ratio0.590.860.8917
Pretty Stable
Price Cash Flow Ratio12.3715.4817.75
Slightly volatile
Enterprise Value Multiple14.327.1221.17
Slightly volatile
Debt Ratio0.650.680.5678
Slightly volatile
Cash Flow To Debt Ratio0.08380.06440.0708
Slightly volatile
Price Sales Ratio4.264.786.351
Slightly volatile
Asset Turnover0.120.10720.1081
Very volatile
Gross Profit Margin0.70.610.6101
Slightly volatile
Price Fair Value2.562.032.0569
Slightly volatile

Macerich Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB3.4 B6.8 B
Slightly volatile
Enterprise Value13.6 B13 B14.7 B
Very volatile

Macerich Fundamental Market Drivers

Forward Price Earnings500
Cash And Short Term Investments89.9 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-946.6 M-993.9 M
Total Revenue1.1 B762.4 M
Cost Of Revenue494.8 M346.2 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.03  0.02 
Capex To Revenue 0.36  0.34 
Revenue Per Share 4.31  8.54 
Ebit Per Revenue 0.21  0.20 

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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
(1.67)
Revenue Per Share
4.413
Quarterly Revenue Growth
0.239
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.