The Macerich Company

OverviewSuggest Edit

Macerich is a real estate investment trust that provides property management and leasing services for third parties. It focuses on the acquisition, ownership, development, redevelopment, management, and leasing of regional and community shopping centers.
TypePublic
Founded1964
HQSanta Monica, CA, US
Websitemacerich.com
Employee Ratings3.4
Overall CultureD

Latest Updates

Employees (est.) (Dec 2021)639(-3%)
Job Openings32
Revenue (FY, 2021)$847.4 M(+8%)
Share Price (Aug 2022)$10.2
Cybersecurity ratingBMore
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Key People/Management at The Macerich Company

Thomas E. O'Hern

Thomas E. O'Hern

Chief Executive Officer, Director
Edward C. Coppola

Edward C. Coppola

President, Director
Ann C. Menard

Ann C. Menard

Senior Executive Vice President, Chief Legal Officer and Secretary
Christopher Zecchini

Christopher Zecchini

Senior Vice President, Chief Accounting Officer
Scott Kingsmore

Scott Kingsmore

Senior Executive Vice President, Chief Financial Officer and Treasurer
Will Voegele

Will Voegele

Executive Vice President, Chief Development Officer
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The Macerich Company Office Locations

The Macerich Company has offices in Santa Monica, Dallas, McLean, New York and in 2 other locations
Santa Monica, CA, US (HQ)
401 Wilshire Blvd #700
Dallas, TX, US
8214 Westchester Dr #500
McLean, VA, US
1961 Chain Bridge Rd #305
New York, NY, US
500 5th Ave #2310
Phoenix, AZ, US
11411 N Tatum Blvd
Pittsford, NY, US
1162 Pittsford Victor Rd #100
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The Macerich Company Financials and Metrics

The Macerich Company Revenue

The Macerich Company's revenue was reported to be $847.44 m in FY, 2021
USD

Revenue (Q1, 2022)

216.1m

Net income (Q1, 2022)

(37.4m)

Market capitalization (4-Aug-2022)

2.2b

Closing stock price (4-Aug-2022)

10.2

Cash (31-Mar-2022)

128.2m
The Macerich Company's current market capitalization is $2.2 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

927.5m786.0m847.4m

Cost of goods sold

368.0m348.0m380.9m

Gross profit

559.5m438.0m466.6m

Gross profit Margin, %

55%
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

226.5m228.0m231.1m227.0m178.6m185.8m190.4m215.5m212.1m216.1m

Cost of goods sold

96.1m87.5m92.0m94.4m80.2m83.3m96.2m89.3m91.5m

Gross profit

130.4m140.5m139.1m132.6m98.4m102.6m94.3m126.2m120.6m

Gross profit Margin, %

58%59%57%
USDQ2, 2010

Financial Leverage

2.4 x
Show all financial metrics

The Macerich Company Acquisitions / Subsidiaries

Company NameDateDeal Size
Wilmorite Holdings LPDecember 23, 2004$2.3 b
Westcor Realty Limited PartnershipMay 31, 2002$1.5 b
801-GALLERY ASSOCIATES, L.P.
801-GALLERY C-3 ASSOCIATES, L.P.
801-GALLERY GP, LLC
801 MARKET VENTURE GP LLC
Amphenol Sincere Industrial Product Gyarto. Kft
AM TYSONS LLC
BILTMORE SHOPPING CENTER PARTNERS LLC
BROOKLYN KINGS PLAZA LLC
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The Macerich Company Revenue Breakdown

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The Macerich Company revenue breakdown by business segment: 92.9% from Leasing Revenue and 7.1% from Other

Human Capital Metrics

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The Macerich Company Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

The Macerich Company Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

The Macerich Company Online and Social Media Presence

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The Macerich Company Company Culture

  • Overall Culture

    D

    56/100

  • CEO Rating

    C-

    67/100

  • Compensation

    A-

    85/100

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The Macerich Company News and Updates

Macerich Declares the Quarterly Dividend on Its Common Shares

SANTA MONICA, Calif., July 20, 2022 /PRNewswire/ -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.15 per share of common stock. The dividend is payable on September 8, 2022 to stockholders of record at the close of business on August...

Macerich's A-Quality Portfolio Continues to Draw Large-Format Entertainment Tenants

-Round1 Will Open Two New Locations- SANTA MONICA, Calif., July 12, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced a major large-format entertainment...

MACERICH SCHEDULES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

SANTA MONICA, Calif. , June 30, 2022 /PRNewswire/ -- WHAT: Macerich (NYSE: MAC) Schedules Second Quarter 2022 Earnings Release WHEN: Earnings Results will be released before market open on Thursday, July 28, 2022. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm...

Macerich Welcomes Leading Retailer to Danbury Fair in Upscale Connecticut Suburb Outside NYC

-A-Quality Portfolio Continues Successful Anchor-Replacement Activity- SANTA MONICA, Calif., June 21, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, has announced it...

MACERICH RELEASES 2021 CORPORATE RESPONSIBILITY REPORT

Report highlights progress of company's industry-leading sustainability strategy, reinforces commitment to positive action SANTA MONICA, Calif., June 9, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and...

MACERICH TO PRESENT AT NAREIT'S REITWEEK: 2022 INVESTOR CONFERENCE

SANTA MONICA, Calif., June 1, 2022 /PRNewswire/ -- Macerich® (NYSE: MAC), today announced that Tom O'Hern, Chief Executive Officer and Director, Scott Kingsmore, Senior Executive Vice President and Chief Financial Officer, and Doug Healey, Senior Executive Vice President Leasing will...
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The Macerich Company Frequently Asked Questions

  • When was The Macerich Company founded?

    The Macerich Company was founded in 1964.

  • Who are The Macerich Company key executives?

    The Macerich Company's key executives are Thomas E. O'Hern, Edward C. Coppola and Ann C. Menard.

  • How many employees does The Macerich Company have?

    The Macerich Company has 639 employees.

  • What is The Macerich Company revenue?

    Latest The Macerich Company annual revenue is $847.4 m.

  • What is The Macerich Company revenue per employee?

    Latest The Macerich Company revenue per employee is $1.3 m.

  • Who are The Macerich Company competitors?

    Competitors of The Macerich Company include Prologis, CBRE USA and CBRE Group.

  • Where is The Macerich Company headquarters?

    The Macerich Company headquarters is located at 401 Wilshire Blvd #700, Santa Monica.

  • Where are The Macerich Company offices?

    The Macerich Company has offices in Santa Monica, Dallas, McLean, New York and in 2 other locations.

  • How many offices does The Macerich Company have?

    The Macerich Company has 6 offices.