The Macerich Company

LSE:0JX5 Stock Report

Market Cap: US$5.2b

Macerich Past Earnings Performance

Past criteria checks 1/6

Macerich's earnings have been declining at an average annual rate of -26.4%, while the Retail REITs industry saw earnings growing at 16.8% annually. Revenues have been declining at an average rate of 2.1% per year. Macerich's return on equity is 3.4%, and it has net margins of 9.9%.

Key information

-26.4%

Earnings growth rate

-22.4%

EPS growth rate

Retail REITs Industry Growth14.1%
Revenue growth rate-2.1%
Return on equity3.4%
Net Margin9.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Macerich makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0JX5 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2478878280
30 Jun 24794-76280
31 Mar 24839-343300
31 Dec 23856-275290
30 Sep 23879-335290
30 Jun 23878-88300
31 Mar 23832-88270
31 Dec 22866-67270
30 Sep 22844-86280
30 Jun 2283836290
31 Mar 2286340290
31 Dec 2186813300
30 Sep 21823-160300
30 Jun 21786-289300
31 Mar 21715-302320
31 Dec 20759-231300
30 Sep 20831-14280
30 Jun 2090454260
31 Mar 2097495220
31 Dec 1997696230
30 Sep 1998781230
30 Jun 19997108230
31 Mar 191,016100230
31 Dec 181,02859240
30 Sep 181,04680250
30 Jun 181,04724250
31 Mar 181,04943280
31 Dec 171,044145280
30 Sep 171,060150260
30 Jun 171,066146280
31 Mar 171,080165280
31 Dec 161,085516280
30 Sep 161,131893300
30 Jun 161,204913300
31 Mar 161,261882300
31 Dec 151,322486300
30 Sep 151,3231,500350
30 Jun 151,2671,503330
31 Mar 151,2041,504310
31 Dec 141,1601,497290
30 Sep 141,12261260
30 Jun 141,13572270
31 Mar 141,205132290

Quality Earnings: 0JX5 has a large one-off gain of $190.4M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 0JX5 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0JX5's earnings have declined by 26.4% per year over the past 5 years.

Accelerating Growth: 0JX5 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 0JX5 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Retail REITs industry (18.5%).

Return on Equity

High ROE: 0JX5's Return on Equity (3.4%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 04:28
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Macerich Company is covered by 38 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Ross SmotrichBarclays
Paul AdornatoBMO Capital Markets Equity Research