The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
19.47
-0.11 (-0.56%)
At close: Nov 20, 2024, 4:00 PM
19.20
-0.27 (-1.38%)
After-hours: Nov 20, 2024, 7:57 PM EST
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 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Rental Revenue | 813.08 | 809.02 | 800.55 | 787.55 | 740.32 | 858.87 | Upgrade
|
| Property Management Fees | 30.05 | 30.19 | 28.51 | 26.02 | 23.46 | 40.71 | Upgrade
|
| Other Revenue | -54.84 | 17.2 | 36.45 | 54.39 | -4.8 | 76.85 | Upgrade
|
| Total Revenue | 788.29 | 856.41 | 865.51 | 867.96 | 758.98 | 976.43 | Upgrade
|
| Revenue Growth (YoY | -10.34% | -1.05% | -0.28% | 14.36% | -22.27% | -5.06% | Upgrade
|
| Property Expenses | 405.59 | 394.89 | 390.35 | 380.88 | 347.98 | 367.95 | Upgrade
|
| Selling, General & Administrative | 28.2 | 29.24 | 27.16 | 30.06 | 30.34 | 22.63 | Upgrade
|
| Depreciation & Amortization | 283.09 | 282.36 | 291.61 | 311.13 | 319.62 | 330.73 | Upgrade
|
| Total Operating Expenses | 716.88 | 706.49 | 709.13 | 722.07 | 697.94 | 721.31 | Upgrade
|
| Operating Income | 71.41 | 149.92 | 156.38 | 145.9 | 61.05 | 255.12 | Upgrade
|
| Interest Expense | -209.93 | -197.13 | -216.85 | -196.4 | -210.83 | -200.77 | Upgrade
|
| Interest & Investment Income | 35.46 | 24.21 | - | 3.72 | 135.28 | 62.52 | Upgrade
|
| EBT Excluding Unusual Items | -103.06 | -23 | -60.47 | -46.78 | -14.51 | 116.87 | Upgrade
|
| Gain (Loss) on Sale of Investments | -90.82 | -129.28 | -11.6 | -4.84 | 0.01 | -0.46 | Upgrade
|
| Gain (Loss) on Sale of Assets | 273.01 | -134.52 | 7.7 | 75.74 | -68.11 | -11.91 | Upgrade
|
| Asset Writedown | - | - | - | - | -163.3 | - | Upgrade
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| Other Unusual Items | 8.21 | 8.21 | - | -1.01 | - | -0.35 | Upgrade
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| Pretax Income | 87.35 | -278.59 | -64.37 | 23.11 | -245.91 | 104.14 | Upgrade
|
| Income Tax Expense | -1.08 | -0.49 | 0.71 | 6.95 | -0.45 | 1.59 | Upgrade
|
| Earnings From Continuing Operations | 88.42 | -278.1 | -65.08 | 16.16 | -245.46 | 102.55 | Upgrade
|
| Net Income to Company | 88.42 | -278.1 | -65.08 | 16.16 | -245.46 | 102.55 | Upgrade
|
| Minority Interest in Earnings | -9.15 | 4.03 | -0.99 | -1.9 | 15.26 | -5.73 | Upgrade
|
| Net Income | 79.27 | -274.07 | -66.07 | 14.26 | -230.2 | 96.82 | Upgrade
|
| Preferred Dividends & Other Adjustments | 0.86 | 0.87 | 0.86 | 0.85 | 1.05 | 1.19 | Upgrade
|
| Net Income to Common | 78.41 | -274.94 | -66.92 | 13.41 | -231.25 | 95.63 | Upgrade
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| Net Income Growth | - | - | - | - | - | 61.31% | Upgrade
|
| Basic Shares Outstanding | 217 | 216 | 215 | 198 | 146 | 141 | Upgrade
|
| Diluted Shares Outstanding | 217 | 216 | 215 | 198 | 146 | 141 | Upgrade
|
| Shares Change (YoY) | 0.57% | 0.24% | 8.56% | 35.45% | 3.46% | 0.14% | Upgrade
|
| EPS (Basic) | 0.36 | -1.28 | -0.31 | 0.07 | -1.58 | 0.68 | Upgrade
|
| EPS (Diluted) | 0.36 | -1.28 | -0.31 | 0.07 | -1.58 | 0.68 | Upgrade
|
| EPS Growth | - | - | - | - | - | 62.09% | Upgrade
|
| Dividend Per Share | 0.680 | 0.680 | 0.620 | 0.600 | 1.550 | 3.000 | Upgrade
|
| Dividend Growth | 0% | 9.68% | 3.33% | -61.29% | -48.33% | 1.01% | Upgrade
|
| Operating Margin | 9.06% | 17.51% | 18.07% | 16.81% | 8.04% | 26.13% | Upgrade
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| Profit Margin | 9.95% | -32.10% | -7.73% | 1.54% | -30.47% | 9.79% | Upgrade
|
| Free Cash Flow Margin | 35.26% | 34.50% | 39.00% | 32.99% | 16.45% | 36.37% | Upgrade
|
| EBITDA | 361.59 | 443.21 | 456.66 | 470.3 | 385 | 587.59 | Upgrade
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| EBITDA Margin | 45.87% | 51.75% | 52.76% | 54.18% | 50.73% | 60.18% | Upgrade
|
| D&A For Ebitda | 290.18 | 293.29 | 300.28 | 324.4 | 323.96 | 332.47 | Upgrade
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| EBIT | 71.41 | 149.92 | 156.38 | 145.9 | 61.05 | 255.12 | Upgrade
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| EBIT Margin | 9.06% | 17.51% | 18.07% | 16.81% | 8.04% | 26.13% | Upgrade
|
| Funds From Operations (FFO) | 365.19 | 403.01 | 437.53 | 423.2 | 339.51 | 536.96 | Upgrade
|
| FFO Per Share | 1.61 | 1.80 | 1.96 | 2.03 | 2.16 | 3.54 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 403.01 | 437.53 | 423.2 | 339.51 | 536.96 | Upgrade
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| AFFO Per Share | - | 1.80 | 1.96 | 2.03 | 2.16 | 3.54 | Upgrade
|
| FFO Payout Ratio | 40.26% | 36.38% | 30.47% | 27.96% | 48.72% | 79.01% | Upgrade
|
| Effective Tax Rate | - | - | - | 30.06% | - | 1.53% | Upgrade
|
| Revenue as Reported | 883.22 | 884.07 | 859.16 | 847.44 | 786.03 | 927.46 | Upgrade
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Source: S&P Capital IQ. Real Estate template. Financial Sources.