MAC Macerich Co

  1. Stocks
  2. Real Estate
  3. NYSE: MAC

Price (delayed)

$16.23

Market cap

$3.5B

P/E Ratio

N/A

Dividend/share

$0.68

EPS

-$1.6

Enterprise value

$7.73B

Macerich is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, ...

Highlights
The company's revenue rose by 2.3% YoY
The gross profit has grown by 2.6% YoY but it has contracted by 2.2% from the previous quarter
The EPS has contracted by 25% from the previous quarter
Macerich's net income has decreased by 25% from the previous quarter
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.macerich.com/
Peers: DDS ANF HD LOW

Key stats

What are the main financial stats of MAC
Market
Shares outstanding
215.75M
Market cap
$3.5B
Enterprise value
$7.73B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
1.53
Price to sales (P/S)
3.99
EV/EBIT
N/A
EV/EBITDA
56.64
EV/Sales
8.81
Earnings
Revenue
$878M
EBIT
-$156.21M
EBITDA
$136.53M
Free cash flow
$77.79M
Per share
EPS
-$1.6
Free cash flow per share
$0.36
Book value per share
$10.6
Revenue per share
$4.06
TBVPS
$34.08
Balance sheet
Total assets
$7.36B
Total liabilities
$5B
Debt
$4.46B
Equity
$2.29B
Working capital
N/A
Liquidity
Debt to equity
1.95
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
30.99
Margins
EBITDA margin
15.6%
Gross margin
54.5%
Net margin
-39%
Operating margin
-0.6%
Efficiency
Return on assets
-4.5%
Return on equity
-13.8%
Return on invested capital
-1.3%
Return on capital employed
N/A
Return on sales
-17.8%
Dividend
Dividend yield
4.19%
DPS
$0.68
Payout ratio
N/A

MAC stock price

How has the Macerich stock price performed over time
Intraday
3.77%
1 week
0.81%
1 month
9.66%
1 year
29.32%
YTD
5.18%
QTD
5.12%

Financial performance

How have Macerich's revenue and profit performed over time
Revenue
$878M
Gross profit
$478.24M
Operating income
-$5.31M
Net income
-$342.06M
Gross margin
54.5%
Net margin
-39%
The operating margin has plunged by 112% from the previous quarter and by 103% YoY
The operating income has dropped by 112% since the previous quarter and by 103% year-on-year
The company's net margin fell by 26% QoQ
Macerich's net income has decreased by 25% from the previous quarter

Growth

What is Macerich's growth rate over time

Valuation

What is Macerich stock price valuation
MAC P/E details
P/E
N/A
P/B
1.53
P/S
3.99
EV/EBIT
N/A
EV/EBITDA
56.64
EV/Sales
8.81
The EPS has contracted by 25% from the previous quarter
MAC's P/B is 48% above its 5-year quarterly average of 1.0 and 23% above its last 4 quarters average of 1.2
Macerich's equity has decreased by 18% YoY and by 7% QoQ
MAC's price to sales (P/S) is 28% more than its 5-year quarterly average of 3.0 and 13% more than its last 4 quarters average of 3.4
The company's revenue rose by 2.3% YoY

Efficiency

How efficient is Macerich business performance
The return on invested capital has dropped by 63% since the previous quarter
The ROS has plunged by 55% from the previous quarter
The company's return on equity fell by 30% QoQ
The ROA has contracted by 29% from the previous quarter

Dividends

What is MAC's dividend history
DPS
$0.68
Dividend yield
4.19%
Payout ratio
N/A
Recent dividends

Financial health

How did Macerich financials performed over time
The total assets is 47% more than the total liabilities
The total assets has contracted by 7% YoY and by 2% from the previous quarter
The company's debt is 95% higher than its equity
The debt to equity has grown by 20% YoY and by 8% from the previous quarter
Macerich's equity has decreased by 18% YoY and by 7% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.