Financials in USD. Standardized financial statements.
A compact view of how The Macerich Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.02B | $918.20M | $884.07M | $859.16M | $847.44M | $786.03M | $927.46M | $960.35M | $993.66M | $1.04B |
| Revenue Growth? | +10.6% | +3.9% | +2.9% | +1.4% | +7.8% | -15.2% | -3.4% | -3.4% | -4.6% | 0.0% |
| Cost of Revenue? | $627.83M | $430.27M | $394.89M | $390.35M | $380.88M | $347.98M | $367.95M | $381.00M | $395.31M | $405.95M |
| Gross Profit? | $387.47M | $487.94M | $489.18M | $468.81M | $466.55M | $438.05M | $559.51M | $579.35M | $598.35M | $635.33M |
| Gross Margin? | +38.2% | +53.1% | +55.3% | +54.6% | +55.1% | +55.7% | +60.3% | +60.3% | +60.2% | +61.0% |
| Operating Expenses? | $219.71M | $322.93M | $311.60M | $318.78M | $341.19M | $349.96M | $353.36M | $370.96M | $363.67M | $376.70M |
| Operating Income? | $167.76M | $165.01M | $177.58M | $150.03M | $125.37M | $88.09M | $206.15M | $308.56M | $234.68M | $258.62M |
| EBITDA? | $404.93M | $326.90M | $190.72M | $454.96M | $540.19M | $155.70M | $580.06M | $583.01M | $570.11M | $1.07B |
| Income Before Tax | -$176.94M | -$198.97M | -$278.59M | -$64.37M | $23.11M | -$245.91M | $104.14M | $65.37M | $177.27M | $555.56M |
| Income Tax Expense | -$2.19M | -$1.30M | -$494,000 | $705,000 | $6.95M | -$447,000 | $1.59M | -$3.60M | $15.59M | $722,000 |
| Net Income? | -$197.15M | -$194.12M | -$274.06M | -$66.07M | $14.26M | -$230.20M | $96.82M | $60.02M | $145.37M | $517.00M |
| EPS? | $-0.77 | $-0.79 | $-1.28 | $-0.31 | $0.07 | $-1.58 | $0.68 | $0.43 | $1.04 | $3.59 |
| Diluted EPS? | $-0.77 | $-0.78 | $-1.28 | $-0.31 | $0.07 | $-1.58 | $0.68 | $0.43 | $1.04 | $3.59 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality