Macerich Historical Income Statement
MAC Stock | USD 13.80 0.34 2.53% |
Historical analysis of Macerich income statement accounts such as Total Revenue of 737.9 M can show how well Macerich Company performed in making a profits. Evaluating Macerich income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Macerich's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Macerich latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Macerich is a good buy for the upcoming year.
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About Macerich Income Statement Analysis
Macerich Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Macerich shareholders. The income statement also shows Macerich investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Macerich Income Statement Chart
Macerich Company Income Statement is one of the three primary financial statements used for reporting Macerich's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Macerich revenue and expense. Macerich Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Macerich's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 512.7 M, whereas Depreciation And Amortization is forecasted to decline to about 232.3 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Macerich generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Macerich Company minus its cost of goods sold. It is profit before Macerich operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Macerich. It is also known as Macerich overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Macerich's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Macerich current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At present, Macerich's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 512.7 M, whereas Depreciation And Amortization is forecasted to decline to about 232.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 466.6M | 468.8M | 204.1M | 193.9M | Total Revenue | 847.4M | 859.2M | 881.4M | 737.9M |
Macerich income statement Correlations
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Macerich Account Relationship Matchups
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Macerich income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 330.7M | 319.6M | 311.1M | 291.6M | 282.4M | 232.3M | |
Interest Expense | 138.3M | 75.6M | 192.7M | 216.9M | 172.9M | 139.7M | |
Selling General Administrative | 22.6M | 30.3M | 30.1M | 27.2M | 29.2M | 18.9M | |
Total Revenue | 927.5M | 786.0M | 847.4M | 859.2M | 881.4M | 737.9M | |
Gross Profit | 559.5M | 438.0M | 466.6M | 468.8M | 204.1M | 193.9M | |
Other Operating Expenses | 721.3M | 697.9M | 722.1M | 709.1M | 703.8M | 544.4M | |
Operating Income | 254.7M | (102.2M) | 141.1M | 144.8M | 177.6M | 201.4M | |
Ebit | 254.7M | (102.2M) | 141.1M | 144.8M | 177.6M | 280.4M | |
Ebitda | 585.4M | 217.4M | 452.2M | 436.4M | 459.9M | 512.7M | |
Total Operating Expenses | 353.4M | 350.0M | 341.2M | 318.8M | 26.5M | 25.2M | |
Net Income | 96.8M | (245.5M) | 14.3M | (65.1M) | (274.1M) | (260.4M) | |
Income Tax Expense | 1.6M | (447K) | 6.9M | 705K | (494K) | (469.3K) | |
Cost Of Revenue | 368.0M | 348.0M | 380.9M | 390.4M | 677.3M | 346.3M | |
Income Before Tax | 104.1M | (245.9M) | 23.1M | (64.4M) | (144.1M) | (136.9M) | |
Net Income Applicable To Common Shares | 96.8M | (230.2M) | 14.3M | (66.1M) | (76.0M) | (72.2M) | |
Minority Interest | 5.7M | (15.3M) | (1.9M) | (989K) | 6.5M | 6.2M | |
Total Other Income Expense Net | (150.5M) | (143.7M) | (117.9M) | (209.2M) | (321.6M) | (305.6M) | |
Net Income From Continuing Ops | 102.6M | (82.2M) | 16.2M | (65.1M) | (341.1M) | (324.0M) | |
Non Operating Income Net Other | 36.2M | (95.2M) | 91.4M | 2.4M | 2.2M | 2.1M | |
Tax Provision | 1.6M | (447K) | 6.9M | 705K | (97K) | (92.2K) | |
Interest Income | 48.5M | 27.0M | 15.7M | 5.3M | 4.7M | 4.5M | |
Net Interest Income | (138.3M) | (75.6M) | (192.7M) | (216.9M) | (206.7M) | (217.0M) | |
Reconciled Depreciation | 337.7M | 326.1M | 311.1M | 291.6M | 300.1M | 256.0M |
Macerich Investors Sentiment
The influence of Macerich's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Macerich. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Macerich's public news can be used to forecast risks associated with an investment in Macerich. The trend in average sentiment can be used to explain how an investor holding Macerich can time the market purely based on public headlines and social activities around Macerich Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Macerich's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Macerich's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Macerich's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Macerich.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Macerich in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Macerich's short interest history, or implied volatility extrapolated from Macerich options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Macerich Stock analysis
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 (1.60) | Revenue Per Share 3.942 | Quarterly Revenue Growth 0.364 |
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.