The Macerich Company
MAC · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | -$197,665 | -$278,099 | -$65,079 | $16,163 |
| Dep. & Amort. | $305,875 | $296,394 | $302,480 | $324,403 |
| Deferred Tax | -$1,300 | -$494 | $705 | $6,948 |
| Stock-Based Comp. | $12,131 | $13,166 | $17,638 | $14,273 |
| Change in WC | $18,052 | $18,298 | $60,370 | $44,426 |
| Other Non-Cash | $146,352 | $246,237 | $21,396 | -$119,845 |
| Operating Cash Flow | $283,445 | $295,502 | $337,510 | $286,368 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | $0 | $0 | $0 | $0 |
| Net Acquisitions | -$12,970 | -$81,158 | -$81,718 | -$86,846 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | $32,760 | $133,699 | $80,316 | $321,814 |
| Investing Cash Flow | $19,790 | $52,541 | -$1,402 | $234,968 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$804,848 | -$146,258 | -$130,998 | -$1,502,244 |
| Stock Issued | $658,872 | $1,798 | $1,741 | $831,589 |
| Stock Repurch. | $0 | -$583 | -$183 | $0 |
| Dividends Paid | -$161,289 | -$159,290 | -$186,328 | -$143,447 |
| Other Fin. Act. | -$8,785 | -$34,555 | -$6,172 | -$22,922 |
| Financing Cash Flow | -$316,050 | -$338,888 | -$321,940 | -$837,024 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$12,815 | $9,155 | $14,168 | -$315,688 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $190,294 | $181,139 | $166,971 | $482,659 |
| End Cash | $177,479 | $190,294 | $181,139 | $166,971 |
| Free Cash Flow | $283,445 | $295,502 | $337,510 | $286,368 |