MAC Macerich Co

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

Price (delayed)

$17.89

Market cap

$3.81B

P/E Ratio

N/A

Dividend/share

$0.6

EPS

-$1.91

Enterprise value

$8.65B

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
Macerich's equity has increased by 19% YoY and by 4.7% QoQ
The company's debt fell by 18% QoQ and by 17% YoY
The gross profit has contracted by 18% YoY but it has grown by 7% from the previous quarter
The company's revenue fell by 10% YoY but it rose by 4.9% QoQ
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.macerich.com/
Peers: DDS HD LOW FL

Key stats

What are the main financial stats of MAC
Market
Shares outstanding
213.01M
Market cap
$3.81B
Enterprise value
$8.65B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
1.24
Price to sales (P/S)
4.68
EV/EBIT
N/A
EV/EBITDA
92.96
EV/Sales
11
Earnings
Revenue
$786.38M
EBIT
-$229.85M
EBITDA
$93.06M
Free cash flow
$184.84M
Per share
EPS
-$1.91
Free cash flow per share
$0.9
Book value per share
$14.37
Revenue per share
$3.82
TBVPS
$42.01
Balance sheet
Total assets
$8.64B
Total liabilities
$5.52B
Debt
$5.1B
Equity
$2.97B
Working capital
N/A
Liquidity
Debt to equity
1.72
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
52.01
Margins
EBITDA margin
11.8%
Gross margin
54.4%
Net margin
-36.6%
Operating margin
7.2%
Efficiency
Return on assets
-3.1%
Return on equity
-10.9%
Return on invested capital
-1.6%
Return on capital employed
N/A
Return on sales
-29.2%
Dividend
Dividend yield
3.35%
DPS
$0.6
Payout ratio
N/A

MAC stock price

How has the Macerich stock price performed over time
Intraday
-2.45%
1 week
-4.38%
1 month
0.28%
1 year
157.78%
YTD
67.67%
QTD
7.06%

Financial performance

How have Macerich's revenue and profit performed over time
Revenue
$786.38M
Gross profit
$427.53M
Operating income
$56.81M
Net income
-$287.98M
Gross margin
54.4%
Net margin
-36.6%
The operating income has surged by 129% since the previous quarter but it has dropped by 66% year-on-year
The operating margin has soared by 118% from the previous quarter but it has plunged by 62% YoY
The gross profit has contracted by 18% YoY but it has grown by 7% from the previous quarter
The company's revenue fell by 10% YoY but it rose by 4.9% QoQ

Growth

What is Macerich's growth rate over time

Valuation

What is Macerich stock price valuation
P/E
N/A
P/B
1.24
P/S
4.68
EV/EBIT
N/A
EV/EBITDA
92.96
EV/Sales
11
The EPS has grown by 6% from the previous quarter
MAC's P/B is 55% above its last 4 quarters average of 0.8 but 27% below its 5-year quarterly average of 1.7
Macerich's equity has increased by 19% YoY and by 4.7% QoQ
MAC's price to sales (P/S) is 80% more than its last 4 quarters average of 2.6 but 18% less than its 5-year quarterly average of 5.7
The company's revenue fell by 10% YoY but it rose by 4.9% QoQ

Efficiency

How efficient is Macerich business performance
The ROS has grown by 13% from the previous quarter
The company's return on equity rose by 9% QoQ
The return on invested capital is up by 6% since the previous quarter
The ROA has grown by 3.1% from the previous quarter

Dividends

What is MAC's dividend history
DPS
$0.6
Dividend yield
3.35%
Payout ratio
N/A
Recent dividends

Financial health

How did Macerich financials performed over time
The total assets is 57% more than the total liabilities
The total liabilities has contracted by 17% from the previous quarter and by 16% YoY
The total assets has contracted by 11% from the previous quarter and by 6% YoY
The company's debt is 72% higher than its equity
The debt to equity has contracted by 30% YoY and by 22% from the previous quarter
Macerich's equity has increased by 19% YoY and by 4.7% QoQ

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