Saturday 17 October 2026
Export MAC’s income statement to Excel — free account
Macerich Company (The)
Macerich Company (The)’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 10.4% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 37.5%, free cash flow fell 57.9% and total debt fell 8.87%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five.
22.96
0.13
−0.56%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 39.59 | 105.56 | 65.30 | 20.69 |
Piotroski F-Score |
7 | 4 | 4 | 3 | 6 | 3 | 6 | 7 | 6 | 5 |
P/S ratio |
4.63 | 4.81 | 3.79 | 2.80 | 4.04 | 1.99 | 4.10 | 6.36 | 9.51 | 9.99 |
P/FCF ratio |
100.14 | 19.46 | 25.42 | 8.95 | 6.64 | 21.25 | 22.02 | 31.66 | 21.50 | 11.64 |
P/Operating CF |
93.48 | 80.54 | 67.87 | 45.77 | 45.80 | 26.13 | 45.74 | 62.88 | 109.20 | 105.70 |
P/B ratio |
1.86 | 1.55 | 1.33 | 0.82 | 1.08 | 0.64 | 1.34 | 1.92 | 2.38 | 2.35 |
Price to Tangible BV |
1.86 | 1.55 | 1.33 | 0.82 | 1.08 | 0.64 | 1.34 | 1.92 | 2.38 | 2.35 |
EV/Sales |
9.26 | 10.06 | 8.47 | 7.71 | 9.33 | 9.05 | 9.89 | 11.39 | 14.57 | 14.62 |
EV/EBITDA |
16.05 | 18.62 | 15.37 | 14.09 | 17.03 | 16.66 | 16.53 | 19.21 | 23.99 | 24.16 |
EV/Operating CF |
29.19 | 32.58 | 25.35 | 19.63 | 27.60 | 57.00 | 25.83 | 31.78 | 37.47 | 35.45 |
EV/FCF |
200.34 | 40.66 | 56.81 | 24.67 | 15.33 | 96.91 | 53.10 | 56.71 | 32.94 | 17.03 |
Quick Ratio |
1.02 | 0.72 | 0.95 | 0.96 | 1.21 | 1.97 | 0.84 | 0.99 | 0.88 | 0.82 |
Current Ratio |
1.02 | 0.72 | 0.95 | 0.96 | 1.21 | 1.97 | 0.84 | 0.99 | 0.88 | 0.82 |
Net Debt/EBITDA |
8.03 | 9.71 | 8.49 | 8.98 | 9.66 | 13.00 | 9.68 | 8.49 | 8.33 | 7.65 |
Debt/Assets |
60.57% | 58.28% | 57.61% | 54.41% | 55.69% | 65.75% | 61.94% | 55.20% | 53.82% | 49.87% |
Debt/Equity |
2.01 | 1.76 | 1.71 | 1.49 | 1.46 | 2.47 | 1.94 | 1.56 | 1.30 | 1.12 |
Asset Turnover |
0.12 | 0.11 | 0.11 | 0.10 | 0.10 | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 |
Operating CF/Net income |
(1.63) | (1.46) | (1.08) | (5.11) | 20.08 | (0.54) | 3.67 | 5.84 | 2.64 | 0.83 |
Capex/Depreciation |
(0.66) | (0.17) | (0.53) | (0.22) | 0.68 | (0.15) | (0.52) | (0.42) | 0.14 | 1.25 |
Interest Coverage |
0.59 | 0.75 | 1.03 | 0.69 | 0.65 | 1.17 | 1.49 | 1.14 | 1.37 | 1.58 |
| (7.34%) | (7.23%) | (10.01%) | (2.16%) | 0.51% | (8.73%) | 3.22% | 1.65% | 3.48% | 10.89% | |
| (2.33%) | (2.41%) | (3.51%) | (0.80%) | 0.16% | (2.55%) | 1.08% | 0.63% | 1.49% | 4.88% | |
ROIC |
1.45% | 1.35% | 1.67% | 1.31% | 1.02% | 0.69% | 1.57% | 1.62% | 1.63% | 1.75% |
Return on Tangible Assets |
(2.94%) | (2.79%) | (4.66%) | (1.08%) | 0.22% | (3.27%) | 1.47% | 0.87% | 2.07% | 7.10% |
Average Days of Receivables |
53.34 | 62.49 | 77.71 | 79.40 | 91.04 | 111.82 | 59.11 | 79.31 | 71.56 | 71.94 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
3.11% | 3.07% | 3.31% | 3.16% | 3.55% | 3.86% | 2.44% | 2.52% | 2.84% | 2.71% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.13) | (1.22) | (1.37) | (1.99) | (1.40) | (3.86) | (1.51) | (0.90) | (0.56) | (0.50) |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 17.51 | 14.44 | 25.34 | 48.28 |
Earnings Yield |
(4.17%) | (4.12%) | (8.17%) | (2.68%) | (0.17%) | (14.53%) | 2.53% | 0.95% | 1.53% | 4.83% |
Free Cash Flow Yield |
1.00% | 5.14% | 3.93% | 11.17% | 15.07% | 4.71% | 4.54% | 3.16% | 4.65% | 8.59% |
Revenue per Share |
3.99 | 4.14 | 4.10 | 4.00 | 4.28 | 5.38 | 6.56 | 6.80 | 7.00 | 7.10 |
Operating CF per Share |
1.27 | 1.28 | 1.37 | 1.57 | 1.45 | 0.85 | 2.51 | 2.44 | 2.72 | 2.93 |
Capex per Share |
(1.08) | (0.25) | (0.76) | (0.32) | 1.16 | (0.35) | (1.29) | (1.07) | 0.37 | 3.17 |
Free Cash Flow per Share |
0.18 | 1.02 | 0.61 | 1.25 | 2.60 | 0.50 | 1.22 | 1.37 | 3.10 | 6.10 |
Cash per Share |
1.47 | 0.80 | 0.88 | 0.84 | 0.84 | 3.30 | 0.81 | 1.06 | 1.01 | 0.98 |
Shareholders Equity per Share |
9.94 | 12.81 | 11.73 | 13.72 | 16.04 | 16.72 | 20.03 | 22.59 | 27.97 | 30.20 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
9.94 | 12.81 | 11.73 | 13.72 | 16.04 | 16.72 | 20.03 | 22.59 | 27.97 | 30.20 |
Free Cash Flow |
46.87 | 227.12 | 131.84 | 268.63 | 515.68 | 73.43 | 172.77 | 192.96 | 439.53 | 894.33 |
Working Capital |
9.83 | (132.73) | (20.41) | (13.82) | 64.83 | 356.05 | (52.21) | (4.47) | (46.19) | (78.26) |
Capital Expenditures |
(274.74) | (56.33) | (163.66) | (68.88) | 229.31 | (51.41) | (182.38) | (151.35) | 53.14 | 464.80 |
Net Current Asset Value |
(5,320.48) | (5,389.94) | (4,607.38) | (4,776.76) | (4,791.17) | (6,015.28) | (5,758.19) | (5,480.40) | (5,299.94) | (5,181.76) |
EV/EBIT |
55.97 | 55.96 | 42.18 | 44.17 | 63.04 | 80.78 | 44.50 | 52.51 | 61.69 | 58.88 |
Capex to Sales |
0.27 | 0.06 | 0.19 | 0.08 | (0.27) | 0.07 | 0.20 | 0.16 | (0.05) | (0.45) |
Price to Operating Income |
27.97 | 26.78 | 18.87 | 16.02 | 27.30 | 17.71 | 18.46 | 29.31 | 40.27 | 40.24 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
Cash ROIC |
0.59% | 2.83% | 1.87% | 3.57% | 6.45% | 0.82% | 2.05% | 2.32% | 4.74% | 9.38% |
Accounts Receivable Turnover |
6.64 | 5.32 | 4.71 | 4.31 | 3.75 | 4.02 | 5.17 | 4.76 | 4.97 | 4.97 |
Accounts Payable Turnover |
4.30 | 5.67 | 6.20 | 6.38 | 5.95 | 5.81 | 6.66 | 6.47 | 6.60 | 5.98 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
99.87 | 74.26 | 59.34 | 59.01 | 56.76 | 72.19 | 50.62 | 56.90 | 53.93 | 55.13 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
152.68 | 172.71 | 187.56 | 199.13 | 226.08 | 195.50 | 179.43 | 201.74 | 200.02 | 209.58 |
Average Payables |
106.38 | 75.87 | 63.65 | 61.17 | 64.03 | 59.93 | 55.21 | 58.90 | 59.86 | 67.86 |
Average Assets |
8,467.86 | 8,040.28 | 7,803.83 | 8,219.90 | 8,764.83 | 9,018.79 | 8,940.19 | 9,316.34 | 9,782.01 | 10,596.86 |
Average Common Equity |
2,684.75 | 2,685.01 | 2,738.48 | 3,062.75 | 2,810.70 | 2,638.12 | 3,009.70 | 3,578.22 | 4,197.58 | 4,749.20 |
Columns are period end dates