Macerich (MAC)
Owner and operator of U.S. regional malls with in-house leasing and redevelopment.
$22.79
vs last close−0.01 (−0.04%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 218 | 239 | 209 | 216 | 220 | 274 | 249 | 250 | 253 | 263 | 243 | 250 |
| Cost of revenue | 102 | 98 | 104 | 99 | 104 | 123 | 117 | 112 | 111 | 288 | 286 | 78 |
| Gross profit | 117 | 140 | 105 | 116 | 116 | 151 | 132 | 137 | 143 | −25 | −43 | 172 |
| 77 | 77 | 76 | 79 | 79 | 89 | 100 | 96 | 98 | −75 | −74 | 199 | |
| 6 | 8 | 8 | 7 | 6 | 7 | 8 | 8 | 7 | 9 | 0 | 0 | |
| General & administrative | 6 | 8 | 8 | 7 | 6 | 7 | 8 | 8 | 7 | 9 | 0 | 0 |
| Other expenses | 71 | 70 | 68 | 72 | 73 | 81 | 93 | 89 | 91 | −84 | −74 | 199 |
| Operating income | 40 | 63 | 29 | 37 | 37 | 62 | 32 | 41 | 45 | 50 | 31 | −28 |
| −310 | 3 | −162 | 228 | −149 | −282 | −84 | −83 | −136 | −42 | −77 | 0 | |
| Interest income | 0 | 0 | 0 | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 53 | 25 | 52 | 55 | 57 | 0 | 69 | 72 | 0 | 75 | 68 | 66 |
| Other non-operating income | 0 | 283 | 109 | −284 | 92 | 282 | 15 | 11 | 136 | −33 | 10 | −66 |
| Income before tax | −270 | 66 | −133 | 266 | −112 | −220 | −52 | −42 | −91 | 7 | −46 | −27 |
| Income tax expense | 2 | −1 | −1 | 0 | 1 | −1 | −1 | 0 | −1 | 0 | −3 | 0 |
| Net income from continuing operations | −272 | 66 | −131 | 265 | −112 | −220 | −51 | −42 | −90 | 8 | −44 | −27 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −26 | 7 | 0 |
| Net income | −263 | 62 | −127 | 252 | −108 | −211 | −50 | −41 | −87 | −19 | −36 | −27 |
| EPS, basic | −$1.22 | $0.29 | −$0.59 | $1.16 | −$0.50 | −$0.89 | −$0.20 | −$0.16 | −$0.34 | −$0.07 | −$0.14 | −$0.10 |
| EPS, diluted | −$1.22 | $0.29 | −$0.59 | $1.16 | −$0.50 | −$0.89 | −$0.20 | −$0.16 | −$0.34 | −$0.07 | −$0.14 | −$0.10 |
| Weighted average shares, basic | 216 | 216 | 216 | 216 | 218 | 237 | 253 | 253 | 254 | 257 | 258 | 274 |
| Weighted average shares, diluted | 216 | 216 | 216 | 216 | 218 | 237 | 253 | 253 | 254 | 257 | 258 | 274 |
| EBITDA | 114 | −148 | −9 | 396 | 19 | −139 | 112 | 121 | 3 | 168 | 104 | 125 |
| Depreciation & amortization | 74 | 73 | 71 | 74 | 73 | 81 | 95 | 91 | 94 | 85 | 83 | 86 |
| EBIT | 40 | −220 | −80 | 321 | −54 | −220 | 17 | 30 | −91 | 83 | 21 | 39 |
