See more : Makers Laboratories Limited (MAKERSL.BO) Income Statement Analysis – Financial Results
Complete financial analysis of The Macerich Company (MAC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The Macerich Company, a leading company in the REIT – Retail industry within the Real Estate sector.
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The Macerich Company (MAC)
About The Macerich Company
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 - 2019).
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 881.37M | 859.16M | 847.44M | 786.03M | 927.46M | 960.35M | 993.66M | 1.04B | 1.29B | 1.11B | 1.03B | 881.32M | 791.25M | 758.56M | 805.65M | 439.85M | 896.37M | 829.66M | 767.39M | 547.27M | 486.00M | 378.92M | 334.57M | 320.09M | 327.44M | 283.86M | 221.21M | 155.06M | 105.70M | 74.50M |
| Cost of Revenue | 394.89M | 390.35M | 380.88M | 347.98M | 367.95M | 381.00M | 395.31M | 405.95M | 472.16M | 441.93M | 423.26M | 366.14M | 342.40M | 336.29M | 337.48M | 364.15M | 73.76M | 99.49M | 52.84M | 38.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 486.48M | 468.81M | 466.55M | 438.05M | 559.51M | 579.35M | 598.35M | 635.33M | 815.99M | 663.32M | 606.22M | 515.18M | 448.85M | 422.27M | 468.18M | 75.70M | 822.61M | 730.16M | 714.55M | 508.97M | 486.00M | 378.92M | 334.57M | 320.09M | 327.44M | 283.86M | 221.21M | 155.06M | 105.70M | 74.50M |
| Gross Profit Ratio | 55.20% | 54.57% | 55.05% | 55.73% | 60.33% | 60.33% | 60.22% | 61.01% | 63.35% | 60.02% | 58.89% | 58.46% | 56.73% | 55.67% | 58.11% | 17.21% | 91.77% | 88.01% | 93.11% | 93.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | -0.08 | -0.06 | 0.16 | 0.21 | 0.12 | 0.14 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 29.24M | 27.16M | 30.06M | 30.34M | 22.63M | 24.16M | 28.24M | 28.22M | 29.87M | 29.41M | 27.77M | 20.41M | 21.11M | 20.70M | 25.93M | 16.52M | 16.60M | 13.53M | 12.11M | 11.08M | 10.72M | 8.27M | 6.78M | 5.51M | 5.49M | 4.37M | 2.76M | 2.38M | 2.00M | 1.50M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 29.24M | 27.16M | 30.06M | 30.34M | 22.63M | 24.16M | 28.24M | 28.22M | 29.87M | 29.41M | 27.77M | 20.41M | 21.11M | 20.70M | 25.93M | 16.52M | 16.60M | 13.53M | 12.11M | 11.08M | 10.72M | 8.27M | 6.78M | 5.51M | 5.49M | 4.37M | 2.76M | 2.38M | 2.00M | 1.50M |
| Other Expenses | 0.00 | 291.61M | 311.13M | 319.62M | 330.73M | 346.81M | -13.63M | -13.38M | 10.29M | 1.41B | -35.72M | 198.15M | 265.33M | 246.81M | 262.06M | 277.83M | 594.69M | 543.07M | 502.69M | 345.38M | 280.38M | 208.16M | 176.81M | 163.32M | 161.71M | 143.13M | 112.44M | 50.79M | 0.00 | 0.00 |
| Operating Expenses | 489.18M | 318.78M | 341.19M | 349.96M | 353.36M | 370.97M | 363.67M | 376.71M | 494.34M | 408.13M | 384.94M | 322.97M | 286.44M | 267.52M | 283.24M | 350.40M | 611.29M | 556.61M | 514.80M | 356.45M | 291.10M | 216.43M | 183.59M | 168.83M | 167.20M | 147.51M | 115.20M | 53.17M | -57.30M | -41.40M |
| Cost & Expenses | 668.67M | 709.13M | 722.07M | 697.94M | 721.31M | 751.97M | 758.98M | 782.65M | 966.50M | 850.06M | 808.19M | 689.11M | 628.85M | 603.81M | 620.71M | 350.40M | 611.29M | 556.61M | 514.80M | 356.45M | 291.10M | 216.43M | 183.59M | 168.83M | 167.20M | 147.51M | 115.20M | 53.17M | -57.30M | -41.40M |
| Interest Income | 0.00 | 216.85M | 192.68M | 75.55M | 138.25M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 172.92M | 216.85M | 192.68M | 75.55M | 138.25M | 182.96M | 171.78M | 163.68M | 211.94M | 190.69M | 197.25M | 176.78M | 195.29M | 212.82M | 267.05M | 281.36M | 250.13M | 0.00 | 249.91M | 146.33M | 132.51M | 122.93M | 109.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 296.39M | 732.71M | 731.07M | 558.42M | 644.67M | 736.74M | 758.98M | 782.65M | 464.47M | 378.72M | 357.17M | 302.55M | 282.64M | 260.25M | 262.06M | 96.44M | 243.10M | 236.67M | 208.93M | 146.38M | 109.03M | 78.84M | 65.98M | 61.65M | 61.38M | 53.14M | 41.54M | 32.59M | 26.30M | 19.20M |
| EBITDA | 190.72M | 436.39M | 452.19M | 155.70M | 585.38M | 583.01M | 570.11M | 864.76M | 987.38M | 1.99B | 597.56M | 514.94M | 445.05M | 415.00M | 277.47M | 228.57M | 243.23M | 484.22M | 461.52M | 331.73M | 260.72M | 209.90M | 162.71M | 212.91M | 221.63M | 189.50M | 147.55M | 134.48M | 189.30M | 135.10M |
| EBITDA Ratio | 21.64% | 50.79% | 53.36% | 27.65% | 63.12% | 63.27% | 64.61% | 62.49% | 65.33% | 190.74% | 69.00% | 87.62% | 93.49% | 68.59% | 31.76% | 42.26% | 59.02% | 61.44% | 60.14% | 61.44% | 59.98% | 64.70% | 57.53% | 66.51% | 67.68% | 66.76% | 66.70% | 86.73% | 179.09% | 181.34% |
| Operating Income | 149.92M | 144.78M | 141.06M | -102.25M | 254.66M | 208.38M | 234.68M | 258.62M | 321.65M | 255.19M | 221.28M | 192.22M | 162.40M | 154.75M | 180.18M | 242.99M | 285.08M | 273.05M | 252.59M | 190.81M | 194.90M | 162.49M | 150.98M | 151.26M | 160.25M | 136.36M | 106.02M | 101.89M | 163.00M | 115.90M |
| Operating Income Ratio | 17.01% | 16.85% | 16.65% | -13.01% | 27.46% | 21.70% | 23.62% | 24.84% | 24.97% | 23.09% | 21.49% | 21.81% | 20.52% | 20.40% | 22.36% | 55.25% | 31.80% | 32.91% | 32.92% | 34.87% | 40.10% | 42.88% | 45.13% | 47.26% | 48.94% | 48.04% | 47.93% | 65.71% | 154.21% | 155.57% |
| Total Other Income/Expenses | -423.49M | -216.81M | -102.26M | -334.00M | -102.01M | -143.01M | -57.41M | 296.94M | 198.04M | 1.35B | -63.95M | 106.79M | 70.93M | -120.55M | -527.00K | -148.01M | -157.40M | -194.08M | -158.14M | -81.02M | -36.80M | -50.75M | -170.31M | -94.33M | 0.00 | 0.00 | 0.00 | 0.00 | -163.00M | 0.00 |
| Income Before Tax | -273.57M | -64.37M | 23.11M | -245.91M | 104.14M | 65.37M | 177.27M | 555.56M | 519.69M | 1.60B | 157.33M | 292.87M | 203.12M | 37.83M | 170.13M | 149.00M | 110.35M | 252.33M | 71.69M | 91.63M | 128.03M | 81.38M | 77.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | -31.04% | -7.49% | 2.73% | -31.29% | 11.23% | 6.81% | 17.84% | 53.35% | 40.34% | 145.00% | 15.28% | 33.23% | 25.67% | 4.99% | 21.12% | 33.87% | 12.31% | 30.41% | 9.34% | 16.74% | 26.34% | 21.48% | 23.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -494.00K | 705.00K | 6.95M | -447.00K | 1.59M | -3.60M | 15.59M | 722.00K | -3.22M | -4.27M | -1.69M | -4.16M | -6.11M | 9.20M | -4.76M | 1.13M | -470.00K | -33.00K | 171.95M | 99.18M | 66.87M | 81.11M | 73.26M | 94.33M | 31.24M | 92.28M | 83.97M | 82.98M | 151.70M | 107.30M |
| Net Income | -274.07M | -65.08M | 14.26M | -245.46M | 96.82M | 60.02M | 146.13M | 517.00M | 487.56M | 1.50B | 420.09M | 337.43M | 156.87M | 25.19M | 120.74M | 93.83M | 96.54M | 252.36M | 71.69M | 91.63M | 128.03M | 81.38M | 77.72M | 56.93M | 129.01M | 44.08M | 22.05M | 18.91M | 11.30M | 8.60M |
| Net Income Ratio | -31.10% | -7.57% | 1.68% | -31.23% | 10.44% | 6.25% | 14.71% | 49.65% | 37.85% | 135.63% | 40.81% | 38.29% | 19.83% | 3.32% | 14.99% | 21.33% | 10.77% | 30.42% | 9.34% | 16.74% | 26.34% | 21.48% | 23.23% | 17.79% | 39.40% | 15.53% | 9.97% | 12.20% | 10.69% | 11.54% |
| EPS | -1.28 | -0.30 | 0.07 | -1.68 | 0.76 | 0.43 | 1.04 | 3.59 | 3.16 | 9.48 | 159.02K | 2.45 | 1.18 | 0.19 | 1.45 | 1.19 | 0.99 | 3.10 | 0.86 | 1.36 | 2.03 | 1.57 | 1.66 | 1.07 | 3.14 | 1.02 | 0.82 | 0.88 | 0.70 | 0.58 |
| EPS Diluted | -1.28 | -0.30 | 0.07 | -1.68 | 0.76 | 0.43 | 1.04 | 3.59 | 3.16 | 9.48 | 159.02K | 2.45 | 1.18 | 0.19 | 1.45 | 1.19 | 0.98 | 3.07 | 0.85 | 1.35 | 2.01 | 1.56 | 1.66 | 1.07 | 2.88 | 1.02 | 0.82 | 0.86 | 0.70 | 0.58 |
| Weighted Avg Shares Out | 215.55M | 215.03M | 198.07M | 146.23M | 141.34M | 141.14M | 140.99M | 143.99M | 154.40M | 158.20M | 139.60M | 134.07M | 131.63M | 120.35M | 81.23M | 76.49M | 74.50M | 73.52M | 61.54M | 60.73M | 55.70M | 38.83M | 35.03M | 35.51M | 35.30M | 31.98M | 26.88M | 21.57M | 16.07M | 14.88M |
| Weighted Avg Shares Out (Dil) | 215.55M | 215.03M | 198.07M | 146.23M | 141.34M | 141.22M | 140.99M | 143.99M | 154.40M | 158.20M | 140.73M | 137.51M | 131.63M | 120.35M | 81.23M | 89.77M | 87.99M | 91.41M | 76.37M | 61.17M | 56.23M | 39.07M | 35.03M | 35.51M | 63.21M | 45.29M | 39.86M | 21.97M | 16.07M | 14.88M |
Macerich To Present at Nareit's REITweek 2024 Investor Conference
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Macerich (MAC) announces the implementation of the Path-Forward Plan, which focuses on simplifying its business, elevating its financial performance and fortifying its balance sheet.
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SANTA MONICA, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation's leading owners, operators, and developers of major retail properties in top markets, today published its detailed Path-Forward plan to simplify the business, improve operational...
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CORRECTION - Macerich Announces Initial Progress in its Path Forward Strategic Plan
Macerich Purchases Remaining 40% Share of Arrowhead Towne Center (a Top 10 NOI Center for Macerich) and South Plains Mall from JV Partner, and Commits to the Sale of a Prominent Retail Asset Macerich Purchases Remaining 40% Share of Arrowhead...
Source: https://incomestatements.info
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