Macerich Historical Income Statement
| MAC Stock | USD 21.21 0.06 0.28% |
Historical analysis of Macerich income statement accounts such as Total Revenue of 737.9 M can show how well Macerich Company performed in making a profits. Evaluating Macerich income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Macerich's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Macerich latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Macerich is a good buy for the upcoming year.
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About Macerich Income Statement Analysis
Macerich Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Macerich shareholders. The income statement also shows Macerich investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Macerich Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Macerich generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Macerich Company minus its cost of goods sold. It is profit before Macerich operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Macerich. It is also known as Macerich overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Macerich income statement and is an important metric when analyzing Macerich profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Macerich's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Macerich current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Macerich's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 350.1 M, whereas Depreciation And Amortization is forecasted to decline to about 224 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 466.6M | 468.8M | 486.5M | 502.8M | Total Revenue | 847.4M | 859.2M | 881.4M | 737.9M |
Macerich income statement Correlations
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Macerich income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 558.4M | 731.1M | 732.7M | 296.4M | 224.0M | |
| Interest Expense | 138.3M | 75.6M | 192.7M | 216.9M | 172.9M | 139.7M | |
| Selling General Administrative | 22.6M | 30.3M | 30.1M | 27.2M | 29.2M | 18.9M | |
| Total Revenue | 927.5M | 786.0M | 847.4M | 859.2M | 881.4M | 737.9M | |
| Gross Profit | 559.5M | 438.0M | 466.6M | 468.8M | 486.5M | 502.8M | |
| Other Operating Expenses | 721.3M | 697.9M | 722.1M | 709.1M | 884.1M | 551.0M | |
| Operating Income | 254.7M | (102.2M) | 141.1M | 144.8M | 149.9M | 200.4M | |
| Ebit | 585.2M | (402.7M) | (278.9M) | (296.3M) | (105.7M) | (100.4M) | |
| Ebitda | 585.4M | 155.7M | 452.2M | 436.4M | 190.7M | 181.2M | |
| Total Operating Expenses | 353.4M | 350.0M | 341.2M | 318.8M | 489.2M | 331.7M | |
| Net Income | 96.8M | (245.5M) | 14.3M | (65.1M) | (274.1M) | (260.4M) | |
| Income Tax Expense | 1.6M | (447K) | 6.9M | 705K | (494K) | (469.3K) | |
| Cost Of Revenue | 368.0M | 348.0M | 380.9M | 390.4M | 394.9M | 333.3M | |
| Income Before Tax | 104.1M | (245.9M) | 23.1M | (64.4M) | (273.6M) | (259.9M) | |
| Net Income Applicable To Common Shares | 96.8M | (230.2M) | 14.3M | (66.1M) | (76.0M) | (72.2M) | |
| Minority Interest | 5.7M | (15.3M) | (1.9M) | (989K) | 6.5M | 6.2M | |
| Total Other Income Expense Net | (150.5M) | (334.0M) | (102.3M) | (216.8M) | (423.5M) | (402.3M) | |
| Net Income From Continuing Ops | 102.6M | (82.2M) | 16.2M | (65.1M) | (341.1M) | (324.0M) | |
| Non Operating Income Net Other | 36.2M | (95.2M) | 91.4M | 2.4M | 2.2M | 2.1M | |
| Tax Provision | 1.6M | (447K) | 6.9M | 705K | (97K) | (92.2K) | |
| Interest Income | 48.5M | 27.0M | 15.7M | 5.3M | 4.7M | 4.5M | |
| Net Interest Income | (138.3M) | (75.6M) | (192.7M) | (216.9M) | (206.7M) | (217.0M) | |
| Reconciled Depreciation | 337.7M | 326.1M | 311.1M | 291.6M | 300.1M | 256.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 39.711 | Dividend Share 0.68 | Earnings Share 0.36 | Revenue Per Share 3.639 | Quarterly Revenue Growth (0.03) |
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.