Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Macerich Co's share price for the quarter that ended in Dec. 2023 was $15.43. Macerich Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 216.0 Mil. Therefore, Macerich Co's market cap for the quarter that ended in Dec. 2023 was $3,332.5 Mil.
Macerich Co's quarterly market cap
declined
from Jun. 2023 ($2,430.0 Mil) to Sep. 2023 ($2,352.8 Mil) but then
increased
from Sep. 2023 ($2,352.8 Mil) to Dec. 2023 ($3,332.5 Mil).
Macerich Co's annual market cap
declined
from Dec. 2021 ($3,711.7 Mil) to Dec. 2022 ($2,423.6 Mil) but then
increased
from Dec. 2022 ($2,423.6 Mil) to Dec. 2023 ($3,332.5 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Macerich Co's Enterprise Value for Today is $7,589.1 Mil.
Macerich Co Market Cap Historical Data
The historical data trend for Macerich Co's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Macerich Co's Market Cap
For the REIT - Retail subindustry, Macerich Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Macerich Co's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Macerich Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Macerich Co's Market Cap falls into.
Macerich Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Macerich Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Macerich Co (NYSE:MAC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Macerich Co Market Cap Related Terms
Thank you for viewing the detailed overview of Macerich Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 28 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with four power centers and seven other real estate assets. The company's total portfolio has 47.0 million square feet of gross leasable area and averaged $869 sales per square foot over the 12 months ending in December 2022.
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