The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
15.73
-0.34 (-2.12%)
May 14, 2025, 10:00 AM - Market open
The Macerich Company Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Rental Revenue | 894.45 | 850.45 | 809.02 | 800.55 | 787.55 | 740.32 | Upgrade
|
| Property Management Fees | 26.51 | 29.81 | 30.19 | 28.51 | 26.02 | 23.46 | Upgrade
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| Other Revenue | 91.26 | 19.03 | 17.2 | 36.45 | 54.39 | -4.8 | Upgrade
|
| Total Revenue | 1,012 | 899.3 | 856.41 | 865.51 | 867.96 | 758.98 | Upgrade
|
| Revenue Growth (YoY | 20.66% | 5.01% | -1.05% | -0.28% | 14.36% | -22.27% | Upgrade
|
| Property Expenses | 443.52 | 430.27 | 394.89 | 390.35 | 380.88 | 347.98 | Upgrade
|
| Selling, General & Administrative | 28.11 | 28.15 | 29.24 | 27.16 | 30.06 | 30.34 | Upgrade
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| Depreciation & Amortization | 318.99 | 294.78 | 282.36 | 291.61 | 311.13 | 319.62 | Upgrade
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| Total Operating Expenses | 790.63 | 753.19 | 706.49 | 709.13 | 722.07 | 697.94 | Upgrade
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| Operating Income | 221.59 | 146.11 | 149.92 | 156.38 | 145.9 | 61.05 | Upgrade
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| Interest Expense | -248.14 | -231.25 | -197.13 | -216.85 | -196.4 | -210.83 | Upgrade
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| Interest & Investment Income | 11.26 | 11.26 | 24.21 | - | 3.72 | 135.28 | Upgrade
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| EBT Excluding Unusual Items | -15.28 | -73.88 | -23 | -60.47 | -46.78 | -14.51 | Upgrade
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| Gain (Loss) on Sale of Investments | -178.45 | -178.45 | -129.28 | -11.6 | -4.84 | 0.01 | Upgrade
|
| Gain (Loss) on Sale of Assets | 61.06 | 38.96 | -134.52 | 7.7 | 75.74 | -68.11 | Upgrade
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| Asset Writedown | - | - | - | - | - | -163.3 | Upgrade
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| Other Unusual Items | 14.4 | 14.4 | 8.21 | - | -1.01 | - | Upgrade
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| Pretax Income | -118.27 | -198.97 | -278.59 | -64.37 | 23.11 | -245.91 | Upgrade
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| Income Tax Expense | -0.9 | -1.3 | -0.49 | 0.71 | 6.95 | -0.45 | Upgrade
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| Earnings From Continuing Operations | -117.37 | -197.67 | -278.1 | -65.08 | 16.16 | -245.46 | Upgrade
|
| Minority Interest in Earnings | -0.14 | 3.55 | 4.03 | -0.99 | -1.9 | 15.26 | Upgrade
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| Net Income | -117.52 | -194.12 | -274.07 | -66.07 | 14.26 | -230.2 | Upgrade
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| Preferred Dividends & Other Adjustments | 0.92 | 0.91 | 0.87 | 0.86 | 0.85 | 1.05 | Upgrade
|
| Net Income to Common | -118.43 | -195.03 | -274.94 | -66.92 | 13.41 | -231.25 | Upgrade
|
| Basic Shares Outstanding | 231 | 222 | 216 | 215 | 198 | 146 | Upgrade
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| Diluted Shares Outstanding | 231 | 222 | 216 | 215 | 198 | 146 | Upgrade
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| Shares Change (YoY) | 7.12% | 2.92% | 0.24% | 8.56% | 35.45% | 3.46% | Upgrade
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| EPS (Basic) | -0.51 | -0.88 | -1.28 | -0.31 | 0.07 | -1.58 | Upgrade
|
| EPS (Diluted) | -0.51 | -0.88 | -1.28 | -0.31 | 0.07 | -1.58 | Upgrade
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| Dividend Per Share | 0.680 | 0.680 | 0.680 | 0.620 | 0.600 | 1.550 | Upgrade
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| Dividend Growth | - | - | 9.68% | 3.33% | -61.29% | -48.33% | Upgrade
|
| Operating Margin | 21.89% | 16.25% | 17.51% | 18.07% | 16.81% | 8.04% | Upgrade
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| Profit Margin | -11.70% | -21.69% | -32.10% | -7.73% | 1.54% | -30.47% | Upgrade
|
| EBITDA | 546 | 446.68 | 443.21 | 458.86 | 470.3 | 385 | Upgrade
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| EBITDA Margin | 53.94% | 49.67% | 51.75% | 53.02% | 54.18% | 50.73% | Upgrade
|
| D&A For Ebitda | 324.41 | 300.58 | 293.29 | 302.48 | 324.4 | 323.96 | Upgrade
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| EBIT | 221.59 | 146.11 | 149.92 | 156.38 | 145.9 | 61.05 | Upgrade
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| EBIT Margin | 21.89% | 16.25% | 17.51% | 18.07% | 16.81% | 8.04% | Upgrade
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| Funds From Operations (FFO) | 378.11 | 365.34 | 413.21 | 437.53 | 423.2 | 339.51 | Upgrade
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| FFO Per Share | 1.57 | 1.58 | 1.84 | 1.96 | 2.03 | 2.16 | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 365.34 | 413.21 | 437.53 | 423.2 | 339.51 | Upgrade
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| AFFO Per Share | - | 1.58 | 1.84 | 1.96 | 2.03 | 2.16 | Upgrade
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| FFO Payout Ratio | 41.26% | 40.75% | 35.49% | 30.47% | 27.96% | 48.72% | Upgrade
|
| Effective Tax Rate | - | - | - | - | 30.06% | - | Upgrade
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| Revenue as Reported | 958.65 | 918.2 | 884.07 | 859.16 | 847.44 | 786.03 | Upgrade
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Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.