MSFT 424.31 -0.0683% AAPL 230.35 -0.1777% NVDA 139.785 0.1612% GOOGL 162.725 -0.0338% GOOG 164.51 0.0182% AMZN 186.45 0.942% META 566.785 0.5491% AVGO 170.92 -1.4927% TSLA 259.5299 21.4743% TSM 197.929 -1.4592% LLY 892.43 -1.1979% V 283.035 -0.2555% JPM 223.545 0.0604% UNH 561.035 -0.6385% NVO 114.06 -1.4515% WMT 83.16 -0.1321% LVMUY 135.695 2.6748% XOM 119.494 -0.6452% LVMHF 679.0 2.9072% MA 510.98 -0.5353%
Last update at 2024-10-24T18:52:00Z
Macerich Schedules Third Quarter 2024 Earnings Release and Conference Call
Wed 02 Oct 24, 11:00 AMIs it Wise to Retain Macerich Stock in Your Portfolio Now?
Fri 27 Sep 24, 03:25 PMUS homebuilder stocks surge on hopes for demand boost after Fed rate cuts
Thu 19 Sep 24, 12:12 PMMacerich to Present at BofA Securities 2024 Global Real Estate Conference
Wed 04 Sep 24, 11:00 AMWhy Is Macerich (MAC) Up 0.8% Since Last Earnings Report?
Fri 30 Aug 24, 03:31 PMJapan's Suntory aims for greater US canned cocktail market share, bets on spirits expertise
Mon 26 Aug 24, 08:17 AMUS 30-year fixed-rate mortgage slips to lowest level since May 2023
Thu 22 Aug 24, 04:09 PMMacerich Releases 2023 Corporate Responsibility Report
Thu 15 Aug 24, 11:00 AMMacerich (MAC) Q2 FFO Surpasses Estimates, Revenues Miss
Thu 01 Aug 24, 03:55 PMCompared to Estimates, Macerich (MAC) Q2 Earnings: A Look at Key Metrics
Wed 31 Jul 24, 01:30 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -64.37400M | 23.11M | -245.90900M | 104.14M | 65.37M |
| Minority interest | -0.98900M | -1.90000M | -15.25900M | 5.73M | 8.95M |
| Net income | -65.07900M | 14.26M | -245.46200M | 96.82M | 60.02M |
| Selling general administrative | 27.16M | 30.06M | 30.34M | 22.63M | 24.16M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 468.81M | 466.55M | 438.05M | 559.51M | 579.35M |
| Reconciled depreciation | 291.61M | 311.13M | 326.06M | 337.67M | 332.74M |
| Ebit | 144.78M | 141.06M | -102.24700M | 254.66M | 280.15M |
| Ebitda | 436.39M | 452.19M | 217.37M | 585.38M | 607.59M |
| Depreciation and amortization | 291.61M | 311.13M | 319.62M | 330.73M | 327.44M |
| Non operating income net other | 2.44M | 91.43M | -95.15000M | 36.25M | 39.95M |
| Operating income | 144.78M | 141.06M | -102.24700M | 254.66M | 208.38M |
| Other operating expenses | 709.13M | 722.07M | 697.94M | 721.31M | 751.97M |
| Interest expense | 216.85M | 192.68M | 75.55M | 138.25M | 182.96M |
| Tax provision | 0.70M | 6.95M | -0.44700M | 1.59M | -3.60400M |
| Interest income | 5.26M | 15.69M | 27.04M | 48.51M | 71.77M |
| Net interest income | -216.85100M | -192.67900M | -75.55000M | -138.25400M | -182.96200M |
| Extraordinary items | - | - | - | 0.00000M | 0.00000M |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 0.70M | 6.95M | -0.44700M | 1.59M | -3.60400M |
| Total revenue | 859.16M | 847.44M | 786.03M | 927.46M | 960.35M |
| Total operating expenses | 318.78M | 341.19M | 349.96M | 353.36M | 370.96M |
| Cost of revenue | 390.35M | 380.88M | 347.98M | 367.95M | 381.00M |
| Total other income expense net | -209.15300M | -117.94600M | -143.66200M | -150.51400M | 39.95M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -65.07900M | 16.16M | -82.16400M | 102.55M | 68.97M |
| Net income applicable to common shares | -66.06800M | 14.26M | -230.20300M | 96.82M | 60.02M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 8094.14M | 8345.66M | 9184.00M | 8853.57M | 9026.81M |
| Intangible assets | 152.56M | 151.82M | 175.51M | 158.60M | 259.36M |
| Earning assets | - | - | - | - | - |
| Other current assets | 80.82M | 254.91M | 306.96M | 14.21M | 390.40M |
| Total liab | 5144.79M | 5169.51M | 6738.74M | 6022.60M | 5838.38M |
| Total stockholder equity | 2865.77M | 3046.87M | 2257.05M | 2632.26M | 2950.23M |
| Deferred long term liab | 30.72M | 254.91M | 306.96M | 74.74M | 99.62M |
| Other current liab | 439.84M | 382.21M | 406.98M | 373.50M | 418.04M |
| Common stock | 2.15M | 2.15M | 1.50M | 1.41M | 1.41M |
| Capital stock | 2.15M | 2.15M | 1.50M | 1.41M | 1.41M |
| Retained earnings | -2643.09400M | -2443.69600M | -2339.61900M | -1944.01200M | -1614.35700M |
| Other liab | 48.37M | 53.76M | 60.35M | 30.18M | 51.98M |
| Good will | - | - | - | - | - |
| Other assets | 328.24M | 6704.27M | 8479.51M | 221.32M | 253.17M |
| Cash | 100.32M | 112.45M | 465.30M | 100.00M | 102.71M |
| Cash and equivalents | 100.32M | 112.45M | 465.30M | 100.00M | 102.71M |
| Total current liabilities | 502.94M | 441.44M | 475.80M | 424.52M | 477.43M |
| Current deferred revenue | - | - | - | - | - |
| Net debt | 4398.30M | 4496.62M | 5663.27M | 14.20M | 4879.75M |
| Short term debt | 0.00000M | 4423.55M | 4560.81M | 301.12M | 758.68M |
| Short long term debt | - | - | - | 301.12M | 758.68M |
| Short long term debt total | 4498.62M | 4609.08M | 6128.57M | 114.20M | 4982.46M |
| Other stockholder equity | 5506.08M | 5488.44M | 4603.38M | 4583.91M | 4567.18M |
| Property plant equipment | 6254.40M | 6394.84M | 6694.58M | 6643.51M | 6785.78M |
| Total current assets | 368.03M | 633.24M | 1030.42M | 264.41M | 748.38M |
| Long term investments | 1224.29M | 1317.57M | 1340.65M | 1519.70M | 1492.65M |
| Net tangible assets | 2865.77M | 3046.87M | 2257.05M | 2632.26M | 2950.23M |
| Short term investments | 1224.29M | 1317.57M | - | - | - |
| Net receivables | 186.89M | 211.36M | 240.81M | 150.19M | 208.67M |
| Long term debt | 4546.93M | 4528.36M | 6038.35M | 5209.98M | 4982.46M |
| Inventory | - | 54.52M | 17.36M | - | 46.59M |
| Accounts payable | 63.11M | 59.23M | 68.83M | 51.03M | 59.39M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | 83.58M | 129.28M | 188.21M | 198.71M | 238.20M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 0.63M | -0.02400M | -8.20800M | -9.05100M | -4.46600M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | 2.15M | 2.15M | 1.50M | 1.41M | 1.41M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | -2643.09400M | -2443.69600M | -2339.61900M | -1944.01200M | -1614.35700M |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 71.75M | -175.23100M | -206.28100M | 6732.02M | -291.56000M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 7726.11M | 7712.41M | 8153.58M | 8589.16M | 8278.43M |
| Capital lease obligations | 94.91M | 80.71M | 90.22M | 114.20M | - |
| Long term debt total | 4546.93M | 4528.36M | 6038.35M | 5209.98M | 4982.46M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -81.71800M | -85.54600M | -232.46600M | -184.08400M | -180.19600M |
| Change to liabilities | 70.63M | -34.81000M | -6.09900M | 26.11M | -11.43300M |
| Total cashflows from investing activities | -1.40200M | 234.97M | -202.84800M | -112.02600M | 176.32M |
| Net borrowings | -135.52100M | -1523.26700M | 621.71M | 221.15M | -55.08900M |
| Total cash from financing activities | -321.94000M | -837.02400M | 446.45M | -278.21600M | -514.43800M |
| Change to operating activities | 54.14M | -11.24900M | -17.38300M | 30.69M | -3.85400M |
| Net income | -65.07900M | 16.16M | -245.46200M | 102.55M | 68.97M |
| Change in cash | 14.17M | -315.68800M | 368.44M | -35.08500M | 6.20M |
| Begin period cash flow | 166.97M | 482.66M | 114.22M | 149.30M | 143.10M |
| End period cash flow | 181.14M | 166.97M | 482.66M | 114.22M | 149.30M |
| Total cash from operating activities | 337.51M | 286.37M | 124.84M | 355.16M | 344.31M |
| Issuance of capital stock | 1.74M | 831.59M | 1.53M | 1.52M | 1.57M |
| Depreciation | 302.48M | 324.40M | 326.06M | 337.67M | 332.74M |
| Other cashflows from investing activities | 75.78M | 351.04M | 52.76M | 93.17M | 593.75M |
| Dividends paid | -186.32800M | -143.44700M | -179.86200M | -474.53400M | 453.63M |
| Change to inventory | - | - | - | 40.24M | -12.29300M |
| Change to account receivables | 6.61M | 62.42M | -105.94700M | -9.92900M | -13.91200M |
| Sale purchase of stock | -0.18300M | 520.00M | 664.12M | 1796.00M | 415.00M |
| Other cashflows from financing activities | 198.83M | -22.92200M | -3.82400M | -4.69500M | -7.56000M |
| Change to netincome | 48.71M | -15.19300M | -54.83800M | -102.56000M | -56.61300M |
| Capital expenditures | 77.18M | 30.52M | 23.14M | 187.91M | 237.23M |
| Change receivables | 2.98M | 64.36M | -102.56200M | 3.96M | -16.93100M |
| Cash flows other operating | -22.21500M | -68.55500M | 208.51M | -11.65300M | 40.26M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | 14.17M | -315.68800M | 368.44M | -35.08500M | 6.20M |
| Change in working capital | 60.37M | 44.43M | -107.85100M | 20.52M | -19.92500M |
| Stock based compensation | 17.64M | 14.27M | 13.84M | 12.03M | 27.37M |
| Other non cash items | 21.40M | -119.84500M | 138.70M | -119.21000M | -61.23500M |
| Free cash flow | 337.51M | 286.37M | 124.84M | 355.16M | 107.08M |
Sector: Real Estate Industry: REIT - Retail
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MAC Macerich Company |
0.02 0.11% | 18.30 | - | 500.00 | 4.77 | 1.35 | 8.65 | 16.16 |
| SPG Simon Property Group Inc |
-0.66 0.38% | 173.16 | 21.31 | 24.69 | 9.77 | 16.15 | 12.96 | 14.98 |
| O Realty Income Corporation |
-0.76 1.18% | 63.48 | 43.10 | 43.67 | 10.55 | 1.30 | 15.84 | 18.03 |
| LKREF Link Real Estate Investment Trust |
0.30 6.52% | 4.90 | - | 15.77 | 1.14 | 0.61 | 1.54 | 26.84 |
| KIM Kimco Realty Corporation |
-0.07 0.29% | 23.89 | 30.65 | 29.76 | 7.61 | 1.41 | 11.27 | 15.81 |
Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 47 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015-2023).
401 Wilshire Boulevard, Santa Monica, CA, United States, 90401
| Name | Title | Year Born |
|---|---|---|
| Mr. Thomas E. O'Hern CPA | CEO & Director | 1956 |
| Mr. Edward C. Coppola | Pres & Director | 1955 |
| Mr. Scott W. Kingsmore | Sr. EVP, CFO & Treasurer | 1968 |
| Ms. Ann C. Menard | Sr. EVP, Chief Legal Officer & Sec. | 1964 |
| Mr. Douglas J. Healey | Sr. EVP & Head of Leasing | 1963 |
| Mr. Christopher J. Zecchini | Sr. VP & Chief Accounting Officer | 1964 |
| Samantha Greening | Director of Investor Relations | NA |
| Ms. Olivia Bartel Leigh | Exec. VP of Portfolio Operations & People | NA |
| Mr. Robert F. Beffa | Sr. VP of Real Estate | 1960 |
| Mr. Kenneth L. Volk | Exec. VP of Bus. Devel. | 1963 |
Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
US 
AU
UK
CA
NZ
Please wait processing your request...