(in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $190.29 | $208.13 | $184.8 | $205.69 |
Short term investments | ||||
Net receivables | $188.23 | $158.83 | $167.75 | $168.67 |
Inventory | ||||
Total current assets | $283.17 | $271 | $260.21 | $280.85 |
Long term investments | ||||
Property, plant & equipment | $6019.15 | $6070.5 | $6262.38 | $6216.05 |
Goodwill & intangible assets | ||||
Total noncurrent assets | ||||
Total investments | $852.76 | $918.54 | $1034.18 | $1088.91 |
Total assets | $7513.51 | $7588.1 | $7894.59 | $7917.51 |
Current liabilities | ||||
Accounts payable | $64.19 | $73.92 | $57 | $59.56 |
Deferred revenue | ||||
Short long term debt | ||||
Total current liabilities | $482.93 | $411 | $392.63 | $392.97 |
Long term debt | $4328.2 | $4433 | $4445.75 | $4418.72 |
Total noncurrent liabilities | ||||
Total debt | $4412.19 | $4508.4 | $4522.51 | $4498.71 |
Total liabilities | $5066.49 | $5089.73 | $5085.55 | $5062.1 |
Shareholders' equity | ||||
Retained earnings | -$3063.79 | -$3089.3 | -$2790.1 | -$2738.53 |
Other shareholder equity | -$0.95 | $0.56 | $1.1 | $0.75 |
Total shareholder equity | $2447.02 | $2432.44 | $2731.4 | $2775.89 |
(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 $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $238.69 | $218.15 | $212.37 | $214.85 |
Cost of revenue | $101.65 | $95.83 | $99.04 | |
Gross Profit | $140.32 | $116.5 | $116.54 | $115.81 |
Operating activities | ||||
Research & development | ||||
Selling, general & administrative | $5.91 | $8.8 | $6.98 | |
Total operating expenses | $77.31 | $225.95 | $68.91 | $74.65 |
Operating income | -$109.45 | $47.63 | $41.16 | |
Income from continuing operations | ||||
EBIT | -$207.5 | $40.11 | -$21.19 | |
Income tax expense | -$0.66 | $1.67 | $0.37 | -$1.88 |
Interest expense | -$6.12 | $53.38 | $54.7 | $39.42 |
Net income | ||||
Net income | $62.18 | -$262.55 | -$14.96 | -$58.73 |
Income (for common shares) | -$262.55 | -$14.96 | -$58.73 |
(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 $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Net income | $62.18 | -$262.55 | -$14.96 | -$58.73 |
Operating activities | ||||
Depreciation | $72.66 | $74.4 | $74.3 | $75.03 |
Business acquisitions & disposals | $63.17 | $7.71 | -$0.41 | $149.23 |
Stock-based compensation | $2.29 | $1.01 | $4.97 | $4.89 |
Total cash flows from operations | $49.38 | $107.4 | $57.99 | $80.73 |
Investing activities | ||||
Capital expenditures | -$52.03 | -$32.38 | -$79.91 | -$34.86 |
Investments | $3.5 | |||
Total cash flows from investing | $20.23 | -$26.6 | -$59.25 | $118.17 |
Financing activities | ||||
Dividends paid | -$39.16 | -$38.99 | -$39.33 | -$41.81 |
Sale and purchase of stock | $0.59 | -$0.32 | $0.96 | |
Net borrowings | -$48.78 | -$5.79 | $21.98 | -$119.26 |
Total cash flows from financing | -$87.45 | -$57.47 | -$19.63 | -$174.34 |
Effect of exchange rate | ||||
Change in cash and equivalents | -$17.84 | $23.33 | -$20.89 | $24.55 |
(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 |
Key Reasons to Add Macerich (MAC) to Your Portfolio Now
Zacks via Yahoo Finance
13 Mar 2024
|
The Macerich Company (NYSE:MAC) Q4 2023 Earnings Call Transcript
Insider Monkey via Yahoo Finance
8 Feb 2024
|
Macerich (MAC) Hurt by E-commerce Adoption & High Rates
Zacks via Yahoo Finance
27 Nov 2023
|
The Macerich Company (NYSE:MAC) Q3 2023 Earnings Call Transcript
Insider Monkey via Yahoo Finance
1 Nov 2023
|
Macerich (MAC) Unveils Primark Store at Green Acres Mall
Zacks via Yahoo Finance
3 Jul 2023
|
Implied Volatility Surging for The Macerich Company (MAC) Stock Options
Zacks via Yahoo Finance
16 May 2023
|
Macerich (MAC) to Add Ticketed Attractions to its Town Centers
Zacks via Yahoo Finance
10 Apr 2023
|
Macerich (MAC) Welcomes Din Tai Fung at Santa Monica Place
Zacks via Yahoo Finance
9 Mar 2023
|
Sioux City's Southern Hills Mall turns 43
Sioux City Journal
7 Mar 2023
|
Macerich (MAC) Adds Primark at Queens Center in New York City
Zacks via Yahoo Finance
1 Mar 2023
|
Market cap | $3.72B |
---|---|
Enterprise value | $7.94B |
Shares outstanding | 215.98M |
Revenue | $884.07M |
---|---|
EBITDA | N/A |
EBIT | N/A |
Net Income | -$274.06M |
Revenue Q/Q | 4.58% |
Revenue Y/Y | 2.90% |
P/E ratio | -13.58 |
---|---|
EV/Sales | 8.98 |
EV/EBITDA | N/A |
EV/EBIT | N/A |
P/S ratio | 4.21 |
P/B ratio | 1.52 |
Book/Share | 11.33 |
Cash/Share | 0.88 |
EPS | -$1.27 |
---|---|
ROA | -3.55% |
ROE | -10.55% |
Debt/Equity | 2.04 |
---|---|
Net debt/EBITDA | N/A |
Current ratio | 0.59 |
Quick ratio | 0.59 |