For the year ending 2025-12-31, MAC made $1,013,983K in revenue. -$197,149K in net income. Net profit margin of -19.44%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 1,013,983 | 918,204 | ||
| Shopping center and management companies operating expenses-Real Estate | 326,330 | - | ||
| Leasing expenses | 46,626 | 41,340 | ||
| Shopping center and operating expenses | - | 388,927 | ||
| Shopping center and management companies operating expenses-Management Service | 84,644 | - | ||
| Reit general and administrative expenses | 31,539 | 28,145 | ||
| Depreciation and amortization | 357,083 | 294,780 | ||
| Total expenses before interest | 846,222 | 753,192 | ||
| Related Party | 0 | - | ||
| Nonrelated Party | -283,542 | - | ||
| Interest (income) expense | -283,542 | -219,987 | ||
| Gain on extinguishment of debt | 0 | 14,403 | ||
| Total expenses | 1,129,764 | 958,776 | ||
| Equity in income (loss) of unconsolidated joint ventures | 35,946 | -197,352 | ||
| Income tax benefit | -2,193 | -1,300 | ||
| (loss) gain on sale or write down of assets, net | -123,417 | 38,959 | ||
| Net loss | -201,059 | -197,665 | ||
| Less net loss attributable to noncontrolling interests | -3,910 | -3,545 | ||
| Net loss attributable to the company | -197,149 | -194,120 | ||
| Basic EPS | -0.78 | -0.88 | ||
| Diluted EPS | -0.78 | -0.88 | ||
| Basic Average Shares | 254,216,000 | 221,845,000 | ||
| Diluted Average Shares | 254,216,000 | 221,845,000 | ||
MACERICH CO (MAC)
MACERICH CO (MAC)