MAC Macerich Co

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

Price (delayed)

$16.47

Market cap

$3.4B

P/E Ratio

N/A

Dividend/share

$0.45

EPS

-$2.03

Enterprise value

$8.49B

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 26% QoQ and by 12% YoY
Macerich's net income has decreased by 31% from the previous quarter
The gross profit has contracted by 29% YoY and by 9% from the previous quarter
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.macerich.com/
Peers: DDS HD LOW LB

Key stats

What are the main financial stats of MAC
Market
Shares outstanding
206.52M
Market cap
$3.4B
Enterprise value
$8.49B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.9
Price to sales (P/S)
3.48
EV/EBIT
N/A
EV/EBITDA
93
EV/Sales
11.32
Earnings
Revenue
$749.5M
EBIT
-$231.8M
EBITDA
$91.25M
Free cash flow
$63.83M
Per share
EPS
-$2.03
Free cash flow per share
$0.4
Book value per share
$18.31
Revenue per share
$4.73
TBVPS
$60.98
Balance sheet
Total assets
$9.67B
Total liabilities
$6.67B
Debt
$6.24B
Equity
$2.83B
Working capital
N/A
Liquidity
Debt to equity
2.2
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
55.73
Margins
EBITDA margin
12.2%
Gross margin
53.3%
Net margin
-40.2%
Operating margin
0%
Efficiency
Return on assets
-3.2%
Return on equity
-12%
Return on invested capital
-1.6%
Return on capital employed
N/A
Return on sales
-30.9%
Dividend
Dividend yield
2.73%
DPS
$0.45
Payout ratio
N/A

MAC stock price

How has the Macerich stock price performed over time
Intraday
-0.6%
1 week
-1.85%
1 month
-9.46%
1 year
101.59%
YTD
54.36%
QTD
-9.75%

Financial performance

How have Macerich's revenue and profit performed over time
Revenue
$749.5M
Gross profit
$399.73M
Operating income
-$370,000
Net income
-$301.33M
Gross margin
53.3%
Net margin
-40.2%
The operating income has dropped by 102% since the previous quarter and by 100% year-on-year
The operating margin has plunged by 100% from the previous quarter and by 100% YoY
The company's net margin fell by 37% QoQ
Macerich's net income has decreased by 31% from the previous quarter

Growth

What is Macerich's growth rate over time

Valuation

What is Macerich stock price valuation
P/E
N/A
P/B
0.9
P/S
3.48
EV/EBIT
N/A
EV/EBITDA
93
EV/Sales
11.32
The EPS has contracted by 28% from the previous quarter
MAC's P/B is 50% below its 5-year quarterly average of 1.8 but 50% above its last 4 quarters average of 0.6
Macerich's equity has increased by 26% QoQ and by 12% YoY
MAC's price to sales (P/S) is 93% more than its last 4 quarters average of 1.8 but 42% less than its 5-year quarterly average of 6.0
The company's revenue fell by 19% YoY and by 4.6% QoQ

Efficiency

How efficient is Macerich business performance
The return on invested capital has dropped by 60% since the previous quarter
The ROS has plunged by 57% from the previous quarter
The company's return on equity fell by 28% QoQ
The ROA has contracted by 28% from the previous quarter

Dividends

What is MAC's dividend history
DPS
$0.45
Dividend yield
2.73%
Payout ratio
N/A
Recent dividends

Financial health

How did Macerich financials performed over time
The total assets is 45% more than the total liabilities
The total assets has grown by 5% from the previous quarter and by 4% YoY
The company's debt is 120% higher than its equity
Macerich's equity has increased by 26% QoQ and by 12% YoY
The debt to equity has contracted by 21% from the previous quarter and by 10% YoY

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