Macerich Co. (MAC): Price and Financial Metrics

MAC POWR Grades

• MAC scores best on the Momentum dimension, with a Momentum rank ahead of 71.84% of US stocks.
• The strongest trend for MAC is in Value, which has been heading up over the past 177 days.
• MAC's current lowest rank is in the Sentiment metric (where it is better than 2.84% of US stocks).

MAC Stock Summary

• Of note is the ratio of MACERICH CO's sales and general administrative expense to its total operating expenses; only 4.19% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for MACERICH CO is higher than it is for about 96.21% of US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for MAC comes in at 34.44% -- higher than that of 94.69% of stocks in our set.
• Stocks that are quantitatively similar to MAC, based on their financial statements, market capitalization, and price volatility, are GSL, SJI, CPLP, ETRN, and BKH.
• MAC's SEC filings can be seen here. And to visit MACERICH CO's official web site, go to www.macerich.com.

MAC Valuation Summary

• MAC's price/sales ratio is 2.2; this is 54.64% lower than that of the median Real Estate stock.
• Over the past 243 months, MAC's price/sales ratio has gone down 1.2.

Below are key valuation metrics over time for MAC.

MAC Growth Metrics

Its 4 year cash and equivalents growth rate is now at 383.47%.
• Its 5 year revenue growth rate is now at -14.87%.
• Its 2 year net cashflow from operations growth rate is now at -2.1%.

MAC's revenue has moved down $228,254,000 over the prior 70 months.

The table below shows MAC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-06-30	861.775	288.763	37.066
2022-03-31	873.157	299.593	40.685
2021-12-31	847.437	286.368	14.263
2021-09-30	812.677	271.343	-159.085
2021-06-30	786.384	253.246	-287.978
2021-03-31	749.498	127.356	-301.329

MAC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MAC has a Quality Grade of D, ranking ahead of 12.74% of graded US stocks.
• MAC's asset turnover comes in at 0.086 -- ranking 245th of 444 Trading stocks.
• CLDT, AHT, and DRH are the stocks whose asset turnover ratios are most correlated with MAC.

The table below shows MAC's key quality metrics over time.