Macerich vs Phillips Edison & Company
Macerich is the larger business, with $1.01bn of revenue in fiscal 2025 against $727m for Phillips Edison & Company (1.4 times as much). Macerich grew faster (10.4% against 9.9%). Phillips Edison & Company kept more of each dollar of sales as profit: a net margin of 15.3% against -19.4%.
| Latest fiscal year | MacerichMAC, 2025 | Phillips Edison & CompanyPECO, 2025 |
|---|---|---|
| Revenue | $1.01bn | $727m |
| Revenue growth | 10.4% | 9.9% |
| Net income | −$197m | $111m |
| Operating margin | — | — |
| Net margin | -19.4% | 15.3% |
| Return on equity | -7.6% | 4.8% |
| Free cash flow | — | — |
| Cash | $280m | $3.5m |
| Total debt | $5.07bn | $2.40bn |
| Debt to equity | — | 105.1% |
| Dividend per share | $0.68 | $1.25 |
| Dividend yield | 2.7% | 3.0% |
| Share buybacks | — | — |
| Employees | 598 | 320 |
| Market value | $7.02bn | $5.58bn |
| Price vs our value range | — | — |
| Moat score | 30 (Weak) | 37 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 0 sales |