MAC Macerich Co

Price (delayed)

$12.80

Market cap

$1.98B

P/E Ratio

N/A

Dividend/share

$0.4

EPS

-$1.58

Enterprise value

$7.76B

Sector: Real Estate
Industry: REIT - Retail

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 gross profit has contracted by 22% YoY and by 9% from the previous quarter
The company's revenue fell by 15% YoY and by 6% QoQ

Key stats

What are the main financial stats of MAC
Market
Shares outstanding
154.77M
Market cap
$1.98B
Enterprise value
$7.76B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.85
Price to sales (P/S)
2.38
EV/EBIT
N/A
EV/EBITDA
45.4
EV/Sales
9.87
Earnings
Revenue
$786.03M
EBIT
-$155.1M
EBITDA
$170.96M
Free cash flow
$56.53M
Per share
EPS
-$1.58
Free cash flow per share
$0.39
Book value per share
$15.1
Revenue per share
$5.38
TBVPS
$62.8
Balance sheet
Total assets
$9.18B
Total liabilities
$6.74B
Debt
$6.26B
Equity
$2.26B
Working capital
N/A
Liquidity
Debt to equity
2.77
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
33.81
Margins
EBITDA margin
21.7%
Gross margin
55.7%
Net margin
-29.3%
Operating margin
2.5%
Efficiency
Return on assets
-2.5%
Return on equity
-9.4%
Return on invested capital
-1%
Return on capital employed
N/A
Return on sales
-19.7%
Dividend
Dividend yield
3.13%
DPS
$0.4
Payout ratio
N/A

MAC stock price

How has the Macerich stock price performed over time
Intraday
0.95%
1 week
1.59%
1 month
3.64%
1 year
115.85%
YTD
19.96%
QTD
9.4%

Financial performance

How have Macerich's revenue and profit performed over time
Revenue
$786.03M
Gross profit
$438.05M
Operating income
$19.98M
Net income
-$230.2M
Gross margin
55.7%
Net margin
-29.3%
The operating income has dropped by 90% year-on-year and by 81% since the previous quarter
The operating margin has plunged by 88% YoY and by 80% from the previous quarter
The gross profit has contracted by 22% YoY and by 9% from the previous quarter
The company's revenue fell by 15% YoY and by 6% QoQ

Growth

What is Macerich's growth rate over time

Valuation

What is Macerich stock price valuation
P/E
N/A
P/B
0.85
P/S
2.38
EV/EBIT
N/A
EV/EBITDA
45.4
EV/Sales
9.87
MAC's P/B is 68% above its last 4 quarters average of 0.5 but 56% below its 5-year quarterly average of 1.9
Macerich's equity has decreased by 14% YoY and by 8% QoQ
MAC's price to sales (P/S) is 69% more than its last 4 quarters average of 1.4 but 63% less than its 5-year quarterly average of 6.4
The company's revenue fell by 15% YoY and by 6% QoQ

Efficiency

How efficient is Macerich business performance
The ROS has plunged by 177% YoY
The return on invested capital has dropped by 159% year-on-year

Dividends

What is MAC's dividend history
DPS
$0.4
Dividend yield
3.13%
Payout ratio
N/A
Recent dividends

Financial health

How did Macerich financials performed over time
The total assets is 36% more than the total liabilities
The total liabilities has grown by 12% YoY and by 3.1% from the previous quarter
The total assets has grown by 3.7% YoY
The company's debt is 177% higher than its equity
The debt to equity has grown by 30% YoY and by 11% from the previous quarter
Macerich's equity has decreased by 14% YoY and by 8% QoQ

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