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PosiFunda · Fundamentals

The Macerich Company

PosiFunda Ratios Only on PositoAI

PositoAI's own ratios from The Macerich Company's yearly results (2022–2025), compared with Real Estate companies in United States. Tap ? on any ratio for what it means.

Where $100 of sales goes

$83Operating costs$28Interest$19Net loss$19Paid as dividends

Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.

Cash quality

Profit Cash Ratio

—

Loss-making or profit too small

Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.

Self-Funding Ratio

—

Data incomplete

Cash Locked Ratio

—

Data incomplete

Growth quality

Steadiness Ratio

3/3 · 1/3

Sales grew in 3 of the last 3 years; profit grew in 1 of 3.

Steadier than 56% of Real Estate companies in United States.

Growth Efficiency Ratio

−$85

Sales grew 18% in 3 years, but profit fell: $85 less profit per $100 of extra sales.

Lower than 83% of Real Estate companies in United States.

Asset Productivity Ratio

+18% / +3%

In 3 years sales changed by +18% while total assets changed by +3%. Sales grew faster than assets.

Balance-sheet strength

Debt Due Cover Ratio

—

Data incomplete

Cash Cushion Ratio

−69%

Debt, after subtracting cash, equals 69% of its market value (net debt).

Higher than 50% of Real Estate companies in United States.

Tangible Assets Ratio

98%

Of every $100 the company owns, $98 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.

More tangible than 53% of Real Estate companies in United States.

Tangible Net Worth Ratio

93%

Of every $100 of net worth, $93 is tangible; the rest is goodwill and other intangibles, often from buying other companies.

Less tangible than 52% of Real Estate companies in United States.

Shareholders

Shareholder Slice Ratio

+19%

Share count rose 19% in 3 years, so each share's slice of the company became smaller.

Bigger rise in share count than 75% of Real Estate companies in United States.

Standard fundamentals

P/E, P/B, ROE, debt, growth and more (13)

The Macerich Company made a loss over the last year. The Macerich Company owes $0.66 for every $1 it owns. The Macerich Company made a loss in each of the last two years.

Compared with Real Estate companies in United States · latest annual results Dec 2025.

P/E ratio

Loss

The Macerich Company made a loss over the last year, so its P/E ratio is not meaningful.

P/B ratio

2.50

The share price is 2.50 times The Macerich Company's book value per share, higher than 80% of Real Estate companies in United States.

Market cap

$7.1 B

The total market value of all of The Macerich Company's shares at today's price (share price × number of shares), larger than 76% of Real Estate companies in United States. PosiCap size class: Meso Cap.

Net worth (book value)

$2.8 B

What The Macerich Company would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).

Book value per share

$9.58

Net worth divided by the number of shares. The share price of $23.95 is 2.5 times this, which is the P/B above.

Return on equity (ROE)

-6.2%

The Macerich Company lost 6.2% of its shareholders' money over the last year, lower than 82% of Real Estate companies in United States.

Owes vs Owns

0.66×

The Macerich Company owes $0.66 for every $1 it owns (moderate), higher than 65% of Real Estate companies in United States.

Dividend yield

2.93%

The Macerich Company pays 2.93% of its share price as dividends a year, lower than 88% of dividend-paying Real Estate companies in United States.

Revenue growth

+10%

Revenue rose 10% in the year to Dec 2025, and grew 6% a year on average over 3 years.

Profit growth

Loss

The Macerich Company made a loss in each of the last two years.

Profit margin

-19.4%

The Macerich Company lost $19 for every $100 of revenue.

Interest cover

0.6×

The Macerich Company's operating profit covered its interest costs 0.6 times in the year to Dec 2025.

Cash vs debt

Net debt

The Macerich Company had $4.9 B more debt than cash (net debt) at Dec 2025.

Questions

How is P/B calculated on PositoAI?

P/B is market cap divided by net worth from the latest balance sheet. For The Macerich Company: $7.1 B ÷ $2.8 B (30 Jun 2026) = 2.5.

What is The Macerich Company's return on equity?

The Macerich Company lost 6.2% of its shareholders' money over the last year, lower than 82% of Real Estate companies in United States.

How much does The Macerich Company owe compared with what it owns?

The Macerich Company owes $0.66 for every $1 it owns (moderate), higher than 65% of Real Estate companies in United States.

Does The Macerich Company pay a dividend?

Yes. The Macerich Company pays 2.93% of its share price as dividends a year, lower than 88% of dividend-paying Real Estate companies in United States.

Is The Macerich Company's revenue growing?

Revenue rose 10% in the year to Dec 2025, and grew 6% a year on average over 3 years.

Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.

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