The Macerich Company
MACFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
918
Cost of Revenue
430
Gross Profit
488
Gross Margin
53.1%
Operating Income
165
Operating Margin
18.0%
Net Income
-194
Net Margin
-21.1%
EPS (Basic)
$-0.79
EPS (Diluted)
$-0.78
EBITDA
327
EBITDA Margin
35.6%
2023
12/31/2023
Revenue
884
Cost of Revenue
395
Gross Profit
489
Gross Margin
55.3%
Operating Income
178
Operating Margin
20.1%
Net Income
-274
Net Margin
-31.0%
EPS (Basic)
$-1.28
EPS (Diluted)
$-1.28
EBITDA
191
EBITDA Margin
21.6%
2022
12/31/2022
Revenue
859
Cost of Revenue
390
Gross Profit
469
Gross Margin
54.6%
Operating Income
150
Operating Margin
17.5%
Net Income
-66
Net Margin
-7.7%
EPS (Basic)
$-0.31
EPS (Diluted)
$-0.31
EBITDA
455
EBITDA Margin
53.0%
2021
12/31/2021
Revenue
847
Cost of Revenue
381
Gross Profit
467
Gross Margin
55.1%
Operating Income
125
Operating Margin
14.8%
Net Income
14
Net Margin
1.7%
EPS (Basic)
$0.07
EPS (Diluted)
$0.07
EBITDA
540
EBITDA Margin
63.7%
2020
12/31/2020
Revenue
786
Cost of Revenue
348
Gross Profit
438
Gross Margin
55.7%
Operating Income
88
Operating Margin
11.2%
Net Income
-230
Net Margin
-29.3%
EPS (Basic)
$-1.58
EPS (Diluted)
$-1.58
EBITDA
156
EBITDA Margin
19.8%