MAC - The Macerich Company
NYSE
->
Real Estate
->
REIT—Retail
Santa Monica,
United States
Type: Equity
MAC price evolution
MAC
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $181.65 | $225.08 | $190.29 | |
| Short term investments | ||||
| Net receivables | $133.28 | $142.66 | $147.43 | $188.23 |
| Inventory | ||||
| Total current assets | $249.76 | $213.35 | $267.49 | $283.17 |
| Long term investments | ||||
| Property, plant & equipment | $6172.56 | $6253.34 | $5955.39 | $6019.15 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $915.82 | $785.59 | $852.76 | |
| Total assets | $7590.46 | $7777.71 | $7363.07 | $7513.51 |
| Current liabilities | ||||
| Accounts payable | $79.23 | $67.7 | $60.58 | $64.19 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $409.34 | $458.86 | $388.47 | $482.93 |
| Long term debt | $4346.62 | $4544.67 | $4384.64 | $4328.2 |
| Total noncurrent liabilities | ||||
| Total debt | $4624.4 | $4456.37 | $4412.19 | |
| Total liabilities | $5078.81 | $5188.97 | $5002.46 | $5066.49 |
| Shareholders' equity | ||||
| Retained earnings | -$3157.06 | -$3012.03 | -$3227.31 | -$3063.79 |
| Other shareholder equity | -$0.18 | -$0.03 | -$0.34 | -$0.95 |
| Total shareholder equity | $2505.43 | $2287.14 | $2447.02 | |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $190.29 | $181.14 | $166.97 | $482.66 |
| Short term investments | ||||
| Net receivables | $188.23 | $186.89 | $211.36 | $240.81 |
| Inventory | ||||
| Total current assets | $283.17 | $287.21 | $323.81 | $706 |
| Long term investments | ||||
| Property, plant & equipment | $6019.15 | $6254.4 | $6394.84 | $6812.93 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $852.76 | $1224.29 | $1317.57 | $1340.65 |
| Total assets | $7513.51 | $8094.14 | $8345.66 | $9184 |
| Current liabilities | ||||
| Accounts payable | $64.19 | $63.11 | $59.55 | $68.83 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $424.64 | $476.76 | $317.81 | $370 |
| Long term debt | $4338.81 | $4546.93 | $4661.88 | $6172.73 |
| Total noncurrent liabilities | ||||
| Total debt | $4412.19 | $4641.85 | $4728.06 | $6262.94 |
| Total liabilities | $4985.91 | $5228.37 | $5169.51 | $6738.74 |
| Shareholders' equity | ||||
| Retained earnings | -$3063.79 | -$2643.09 | -$2443.7 | -$2339.62 |
| Other shareholder equity | -$0.95 | $0.63 | -$0.02 | -$8.21 |
| Total shareholder equity | $2447.02 | $2865.77 | $3046.87 | $2257.05 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $220.22 | $215.52 | $208.78 | $238.69 |
| Cost of revenue | $99.49 | $103.91 | ||
| Gross Profit | $116.39 | $116.03 | $104.88 | $140.32 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $7 | $7.64 | ||
| Total operating expenses | $79.31 | -$246.32 | $112.08 | $77.31 |
| Operating income | $362.36 | -$7.2 | ||
| Income from continuing operations | ||||
| EBIT | $292.03 | -$75.76 | ||
| Income tax expense | $0.55 | $0.26 | -$1.22 | -$0.66 |
| Interest expense | -$132.03 | $39.77 | $52.19 | -$6.12 |
| Net income | ||||
| Net income | -$108.44 | $252.01 | -$126.73 | $62.18 |
| Income (for common shares) | $252.01 | -$126.73 | ||
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $884.07 | $859.16 | $786.03 | |
| Cost of revenue | $394.89 | $390.35 | $347.98 | |
| Gross Profit | $489.18 | $468.81 | $438.05 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $29.24 | $27.16 | $30.34 | |
| Total operating expenses | $446.12 | $311.08 | $418.07 | |
| Operating income | $43.06 | $157.73 | $19.98 | |
| Income from continuing operations | ||||
| EBIT | -$101.64 | $151.49 | -$155.1 | |
| Income tax expense | -$0.49 | $0.7 | -$0.45 | |
| Interest expense | $172.92 | $216.85 | $75.55 | |
| Net income | ||||
| Net income | -$274.06 | -$66.07 | -$230.2 | |
| Income (for common shares) | -$274.06 | -$66.07 | -$230.2 | |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $252.01 | -$126.73 | $62.18 | |
| Operating activities | ||||
| Depreciation | $74.41 | $71.38 | $72.66 | |
| Business acquisitions & disposals | $13.8 | $8.26 | $63.17 | |
| Stock-based compensation | $2.46 | $2.73 | $2.29 | |
| Total cash flows from operations | $67.43 | $61.09 | $49.38 | |
| Investing activities | ||||
| Capital expenditures | -$81.55 | -$33.75 | -$52.03 | |
| Investments | $3.5 | |||
| Total cash flows from investing | -$17.37 | -$56.37 | -$26.98 | $20.23 |
| Financing activities | ||||
| Dividends paid | -$120.07 | -$41.03 | -$39.2 | -$39.16 |
| Sale and purchase of stock | $0.95 | $0.59 | ||
| Net borrowings | -$13.31 | $44.14 | -$48.78 | |
| Total cash flows from financing | -$171.52 | -$54.48 | $0.67 | -$87.45 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $39.68 | -$43.42 | $34.78 | -$17.84 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$274.06 | -$66.07 | $14.26 | -$230.2 |
| Operating activities | ||||
| Depreciation | $296.39 | $302.48 | $324.4 | $326.06 |
| Business acquisitions & disposals | $219.7 | $70.59 | $7.08 | -$148.23 |
| Stock-based compensation | $13.17 | $17.64 | $14.27 | $13.84 |
| Total cash flows from operations | $295.5 | $337.51 | $286.37 | $124.84 |
| Investing activities | ||||
| Capital expenditures | -$199.19 | -$119.34 | -$108.21 | -$68.3 |
| Investments | $3.5 | $1.3 | ||
| Total cash flows from investing | $52.54 | -$1.4 | $234.97 | -$202.85 |
| Financing activities | ||||
| Dividends paid | -$159.29 | -$186.33 | -$143.45 | -$179.86 |
| Sale and purchase of stock | $1.22 | $1.56 | $831.59 | $1.53 |
| Net borrowings | -$151.84 | -$131 | -$1502.24 | $628.61 |
| Total cash flows from financing | -$338.89 | -$321.94 | -$837.02 | $446.45 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $9.15 | $14.17 | -$315.69 | $368.44 |
News
Fundamentals
| Market cap | $4.63B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 225.95M |
| Revenue | $883.22M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $79.02M |
| Revenue Q/Q | 0.95% |
| Revenue Y/Y | 1.10% |
| P/E ratio | 58.62 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 5.24 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $0.35 |
|---|---|
| ROA | 1.05% |
| ROE | N/A |
| Debt/Equity | 2.04 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.61 |
| Quick ratio | N/A |