MACERICH CO

MAC ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $960.4M $993.7M $1.04B $1.29B $1.11B $1.03B $797.5M $684.7M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $24.2M $28.2M $28.2M $29.9M $29.4M $27.8M $20.4M $21.1M
Operating Income $25.4M $62.9M $96.7M $86.0M $55.0M $25.5M $-2.4M $-33.5M
Operating Margin 2.6% 6.3% 9.3% 6.7% 5.0% 2.5% -0.3% -4.9%
Interest Expense $183.0M $171.8M $163.7M $211.9M $190.7M $197.2M $164.4M $167.2M
Pretax Income
Income Tax Expense $-3.6M $15.6M $722.0K $-3.2M $-4.3M $-1.7M $-4.2M $-6.1M
Net Income $69.0M $161.7M $554.8M $522.9M $1.61B $449.0M $366.4M $169.1M
Net Margin 7.2% 16.3% 53.3% 40.6% 145.4% 43.6% 45.9% 24.7%
EPS (Basic) $0.42 $1.02 $3.52 $3.08 $10.46 $3.01 $2.51 $1.18
EPS (Diluted) $0.42 $1.02 $3.52 $3.08 $10.45 $3.00 $2.51 $1.18
Shares Outstanding (Basic) 141.1M 141.9M 146.6M 157.9M 143.1M 139.6M 134.1M 131.6M
Shares Outstanding (Diluted) 141.1M 141.9M 146.7M 158.1M 143.3M 139.7M 134.1M 131.6M
Dividends Per Share $2.97 $2.87 $2.75 $6.63 $2.51 $2.36 $2.23 $2.05
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