Macerich Financial Statements From 2010 to 2024

MAC Stock  USD 15.17  0.20  1.30%   
Macerich financial statements provide useful quarterly and yearly information to potential Macerich Company investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Macerich financial statements helps investors assess Macerich's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Macerich's valuation are summarized below:
Gross Profit
475.2 M
Profit Margin
(0.32)
Market Capitalization
3.6 B
Enterprise Value Revenue
8.6911
Revenue
856.4 M
We have found one hundred twenty available fundamental ratios for Macerich, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Macerich's last-minute performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 5.8 B, whereas Market Cap is forecasted to decline to about 3.4 B.

Macerich Total Revenue

737.89 Million

Check Macerich financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Macerich main balance sheet or income statement drivers, such as Depreciation And Amortization of 232.3 M, Interest Expense of 139.7 M or Selling General Administrative of 18.9 M, as well as many exotic indicators such as Price To Sales Ratio of 4.19, Dividend Yield of 0.0934 or PTB Ratio of 2.44. Macerich financial statements analysis is a perfect complement when working with Macerich Valuation or Volatility modules.
  
This module can also supplement Macerich's financial leverage analysis and stock options assessment as well as various Macerich Technical models . Check out the analysis of Macerich Correlation against competitors.

Macerich Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.1 B7.5 B8.6 B
Very volatile
Short and Long Term Debt Total3.8 B4.4 B4.3 B
Very volatile
Total Stockholder Equity2.2 B2.4 B3.1 B
Very volatile
Property Plant And Equipment Net112.7 M118.7 M5.5 B
Slightly volatile
Net Debt3.7 B4.2 B4.2 B
Very volatile
Other Assets6.4 B6.1 B2.1 B
Slightly volatile
Common Stock Shares Outstanding111.5 M215.5 M146.1 M
Slightly volatile
Liabilities And Stockholders Equity7.1 B7.5 B8.6 B
Very volatile
Non Current Liabilities Total3.8 B4.4 B4.8 B
Pretty Stable
Other Stockholder Equity5.8 B5.5 B4.5 B
Slightly volatile
Total Liabilities4.7 BB5.3 B
Pretty Stable
Property Plant And Equipment Gross112.7 M118.7 M5.1 B
Slightly volatile
Other Current Liabilities609.1 M509.5 M469.4 M
Pretty Stable
Total Current Liabilities643 M573.7 M526.8 M
Pretty Stable
Accounts Payable83.4 M64.2 M90.2 M
Slightly volatile
Cash121.3 M190.3 M117.8 M
Slightly volatile
Non Current Assets TotalB7.1 BB
Very volatile
Cash And Short Term Investments128.7 M190.3 M121.5 M
Slightly volatile
Net Receivables135.4 M188.2 M169.3 M
Slightly volatile
Common Stock Total Equity2.6 M2.5 M1.6 M
Slightly volatile
Total Current Assets450.5 M378.5 M627.2 M
Very volatile
Common Stock1.2 M2.2 M1.5 M
Slightly volatile
Other Liabilities41.4 M43.5 M188.4 M
Slightly volatile
Long Term Debt4.8 B4.2 B4.8 B
Pretty Stable
Short Term Investments1.5 B1.4 B641 M
Slightly volatile
Intangible Assets62.1 M65.4 M247.5 M
Slightly volatile
Net Tangible Assets2.7 B2.6 B3.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity71.5 M75.2 M246.4 M
Slightly volatile
Long Term Debt Total5.5 B5.2 BB
Slightly volatile
Capital Surpluse4.9 B6.3 B4.6 B
Slightly volatile
Deferred Long Term Liabilities33.6 M35.3 M106.6 M
Very volatile
Long Term Investments1.4 B852.8 M1.3 B
Pretty Stable
Property Plant Equipment5.8 B5.6 BB
Slightly volatile
Short and Long Term Debt257.5 M271 MB
Slightly volatile
Short Term Debt781.9 M823.1 M3.2 B
Slightly volatile
Non Current Liabilities Other149.8 M102.5 M133.5 M
Slightly volatile
Cash And Equivalents167.5 M115.4 M127.5 M
Slightly volatile
Net Invested Capital6.2 B6.7 B8.2 B
Slightly volatile
Capital StockM2.2 M1.6 M
Slightly volatile
Capital Lease Obligations74.2 M84 M104.4 M
Slightly volatile

Macerich Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization232.3 M282.4 M305.6 M
Pretty Stable
Selling General Administrative18.9 M29.2 M24.6 M
Slightly volatile
Total Revenue737.9 M881.4 M880.3 M
Pretty Stable
Gross Profit193.9 M204.1 M484.5 M
Pretty Stable
Other Operating Expenses544.4 M703.8 M691.8 M
Pretty Stable
EBITDA512.7 M459.9 M658.1 M
Pretty Stable
Cost Of Revenue346.3 M677.3 M393.8 M
Slightly volatile
Interest Income4.5 M4.7 M39.4 M
Slightly volatile
Reconciled Depreciation256 M300.1 M325.2 M
Slightly volatile

Macerich Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow116.9 M181.1 M152 M
Pretty Stable
Depreciation242.5 M282.4 M311 M
Pretty Stable
Capital Expenditures271.8 M159.5 M307.4 M
Slightly volatile
Total Cash From Operating Activities265 M295.5 M319.6 M
Very volatile
End Period Cash Flow121.7 M190.3 M131.3 M
Slightly volatile
Other Cashflows From Investing Activities82.8 M87.1 M387.9 M
Slightly volatile
Stock Based Compensation17.1 M13.2 M19.9 M
Pretty Stable
Issuance Of Capital Stock1.7 M1.8 M56.9 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.193.77366.4813
Slightly volatile
Dividend Yield0.09340.04790.0706
Pretty Stable
PTB Ratio2.441.35922.0466
Slightly volatile
Days Sales Outstanding47.8377.952668.75
Slightly volatile
Book Value Per Share14.5111.352620.3054
Slightly volatile
Invested Capital2.882.10511.808
Pretty Stable
Operating Cash Flow Per Share1.31.37092.1765
Slightly volatile
Stock Based Compensation To Revenue0.02390.01490.0208
Very volatile
PB Ratio2.441.35922.0466
Slightly volatile
EV To Sales8.228.563711.2057
Slightly volatile
Inventory Turnover13.878.0310.9532
Very volatile
Days Of Inventory On Hand49.6547.0261.7537
Very volatile
Payables Turnover11.0810.55016.2118
Slightly volatile
Sales General And Administrative To Revenue0.01920.03320.0273
Slightly volatile
Cash Per Share1.350.88280.8581
Slightly volatile
POCF Ratio12.0311.255117.8176
Slightly volatile
Days Payables Outstanding32.8734.596987.4447
Slightly volatile
EV To Operating Cash Flow23.925.542332.364
Pretty Stable
Intangibles To Total Assets0.00830.00870.0284
Slightly volatile
Net Debt To EBITDA6.79.17927.7132
Slightly volatile
Current Ratio0.610.65981.1528
Very volatile
Tangible Book Value Per Share16.4711.423120.7569
Slightly volatile
Receivables Turnover4.454.68235.4138
Slightly volatile
Graham Number20.5818.021628.2572
Slightly volatile
Shareholders Equity Per Share14.5111.352620.3054
Slightly volatile
Debt To Equity2.882.10511.808
Pretty Stable
Revenue Per Share3.884.0895.9706
Slightly volatile
Interest Debt Per Share46.6424.700833.4844
Very volatile
Debt To Assets0.650.68560.5574
Pretty Stable
Enterprise Value Over EBITDA12.9416.410416.6707
Pretty Stable
Short Term Coverage Ratios0.530.3590.8475
Slightly volatile
Operating Cycle77.8777.9526111
Pretty Stable
Price Book Value Ratio2.441.35922.0466
Slightly volatile
Days Of Payables Outstanding32.8734.596987.4447
Slightly volatile
Price To Operating Cash Flows Ratio12.0311.255117.8176
Slightly volatile
Company Equity Multiplier4.653.07053.1777
Very volatile
Long Term Debt To Capitalization0.730.63880.5844
Very volatile
Total Debt To Capitalization0.740.6780.6026
Very volatile
Debt Equity Ratio2.882.10511.808
Pretty Stable
Quick Ratio0.340.65980.5611
Slightly volatile
Net Income Per E B T2.01.90231.1733
Pretty Stable
Cash Ratio0.350.33170.2425
Slightly volatile
Operating Cash Flow Sales Ratio0.410.33530.3642
Pretty Stable
Days Of Inventory Outstanding49.6547.0261.7537
Very volatile
Days Of Sales Outstanding47.8377.952668.75
Slightly volatile
Cash Flow Coverage Ratios0.07940.05740.1186
Very volatile
Price To Book Ratio2.441.35922.0466
Slightly volatile
Fixed Asset Turnover7.87.42741.5399
Slightly volatile
Price Cash Flow Ratio12.0311.255117.8176
Slightly volatile
Enterprise Value Multiple12.9416.410416.6707
Pretty Stable
Debt Ratio0.650.68560.5574
Pretty Stable
Cash Flow To Debt Ratio0.07940.05740.1186
Very volatile
Price Sales Ratio4.193.77366.4813
Slightly volatile
Asset Turnover0.120.11730.1073
Pretty Stable
Gross Profit Margin0.220.23160.5619
Slightly volatile
Price Fair Value2.441.35922.0466
Slightly volatile

Macerich Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.4 B3.4 B6.3 B
Slightly volatile
Enterprise Value5.8 B3.4 B8.9 B
Slightly volatile

Macerich Fundamental Market Drivers

Forward Price Earnings500
Cash And Short Term Investments190.3 M

Macerich Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Macerich Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Macerich income statement, its balance sheet, and the statement of cash flows. Macerich investors use historical funamental indicators, such as Macerich's revenue or net income, to determine how well the company is positioned to perform in the future. Although Macerich investors may use each financial statement separately, they are all related. The changes in Macerich's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Macerich's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Macerich Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Macerich. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-823.1 M-864.3 M
Total Revenue881.4 M737.9 M
Cost Of Revenue677.3 M346.3 M
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.03  0.02 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.18)(0.19)
Revenue Per Share 4.09  3.88 
Ebit Per Revenue 0.20  0.19 

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When determining whether Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:
Check out the analysis of Macerich Correlation against competitors.
Note that the Macerich information on this page should be used as a complementary analysis to other Macerich's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Macerich's price analysis, check to measure Macerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to predict the probability of Macerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.
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Is Macerich's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
39.711
Dividend Share
0.68
Earnings Share
(1.28)
Revenue Per Share
3.973
Quarterly Revenue Growth
0.543
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.