Macerich Co. (MAC): Price and Financial Metrics

MAC POWR Grades

• Growth is the dimension where MAC ranks best; there it ranks ahead of 76.57% of US stocks.
• The strongest trend for MAC is in Value, which has been heading down over the past 179 days.
• MAC's current lowest rank is in the Sentiment metric (where it is better than 19.6% 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; merely 3.32% of US stocks have a lower such ratio.
• For MAC, its debt to operating expenses ratio is greater than that reported by 95.52% of US equities we're observing.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for MAC comes in at 12.57% -- higher than that of 86.12% of stocks in our set.
• Stocks with similar financial metrics, market capitalization, and price volatility to MACERICH CO are GNL, FRT, BXP, RHP, and PGRE.
• Visit MAC's SEC page to see the company's official filings. To visit the company's web site, go to www.macerich.com.

MAC Valuation Summary

• In comparison to the median Real Estate stock, MAC's EV/EBIT ratio is 116.7% higher, now standing at 59.7.
• MAC's price/sales ratio has moved down 1.3 over the prior 243 months.

Below are key valuation metrics over time for MAC.

MAC Growth Metrics

The 2 year cash and equivalents growth rate now stands at -72.23%.
• Its year over year price growth rate is now at -8.32%.
• The 4 year revenue growth rate now stands at -10.12%.

Over the past 70 months, MAC's revenue has gone down $173,152,000.

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
2022-12-31	859.164	337.51	-66.068
2022-09-30	860.342	359.723	-84.829
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

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.