Company Information

  

Address: 401 WILSHIRE BLVD
STE 700 
City: SANTA MONICA 
State: CA 
Zip Code: 90401 
Telephone: 310-394-6000 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

The Company is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers located throughout the United States. The Company is the sole general partner of, and owns a majority of the ownership interests in, The Macerich Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"). As of December 31, 2016, the Operating Partnership owned or had an ownership interest in 50 regional shopping centers and seven community/power shopping centers. These 57 regional and community/power shopping centers (which include any related office space) consist of approximately 56 million square feet of gross leasable area ("GLA") and are referred to herein as the "Centers". The Centers consist of consolidated Centers ("Consolidated Centers") and unconsolidated joint venture Centers ("Unconsolidated Joint Venture Centers") as set forth in "Item 2.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.07NA54.26
03/20171.240.71051.94
12/20163.52NA20.12
09/20165.880.68013.75
06/20165.96NA14.33
03/20165.690.68013.93
12/20153.08NA26.20
09/201510.410.6507.38

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.11Total Liab/Total Assets0.59
Net Inc/Total Assets0.05Total Liab/Inv Cap0.59
Net Inc/Inv Cap0.05Total Liab/Comm Equity1.27
Pretax Inc/Net Sales0.48Interest Coverage Ratio4.04
Net Inc/Net Sales0.50Curr Debt/EquityNA
Cash Flow/Net Sales0.40LTD/Equity1.17
SG&A/NetSales0.03Total Debt/Equity1.17
Asset Utilization   Liquidity  
Net Receivables Turnover4.97Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.14  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 247.42 247.05 272.00 253.37
Cost of Goods Sold 97.25 104.41 100.92 99.60
Selling & Admin Exps 7.46 8.46 4.98 6.93
Operating Income 59.47 51.10 76.71 59.87
Interest Exp 42.32 41.30 42.72 39.98
Pretax Income 12.55 55.48 19.42 -2.44
Other Income -4.60 45.69 -14.58 -17.04
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 26.64 69.24 37.13 13.73

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 137.44 142.31 144.00 137.16
Receivables - Total 197.63 192.72 205.23 196.29
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 7,198.28 7,206.60 7,357.31 7,376.77
Total Assets 9,682.21 9,712.06 9,958.15 9,941.77
Liabilities        
Accounts Payable 648.41 652.46 682.55 675.17
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 4,813.48 4,727.16 4,789.46 4,716.48
Total Liabilities 5,822.65 5,754.61 5,852.26 5,778.56
Stockholder's Equity        
Minority Interest 301.12 316.44 321.28 327.31
Preferred Stock NA NA NA NA
Common Stock 1.42 1.42 1.44 1.44
Retained Earnings -663.81 -574.60 -488.78 -419.78
Treasury Stock NA NA NA NA
Total Stockholders' Equity 3,859.56 3,957.45 4,105.89 4,163.20
Total Liabilities and Stockholders' Equity 9,682.21 9,712.06 9,958.15 9,941.77

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 87.52 102.70 98.45 99.35
Net Cash Provided by Investing Activities -16.68 207.10 -51.01 9.34
Net Cash Provided by Financing Activities -76.01 -311.56 -37.57 -97.65

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012797.52337.432.03
12/20131,029.47420.091.06
12/20141,105.251,499.0410.45
12/20151,288.15487.563.08
12/20161,041.27517.003.52
Growth Rates6.8911.2614.75

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17360135,59495.88




Report Date : 10/16/2017

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