Macerich Co
$11.43B- Market cap
- $6.64B
- Debt
- +$5.07B
- Cash
- −$280.25M
Capital structure 57% equity / 43% debt · EV / Revenue 11.27x · EV / EBITDA 1332.13x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $6.64B · View financials
Snapshot Sep 8, 11:48 AM ET
FY 2026 · Mkt cap
Decision snapshot: MAC stock price at premium vs BOX $23.42 current versus $14.13 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BOX's multiple
Implied fair value · at MAC's multiple
Snapshot Sep 8, 10:50 AM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MAC FY 2025 (ended Dec 31, 2025) · BOX FY 2026 (ended Jan 31, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 57% equity / 43% debt · EV / Revenue 11.27x · EV / EBITDA 1332.13x
Capital structure 91% equity / 9% debt · EV / Revenue 3.93x · EV / EBITDA 31.06x
MAC carries the larger enterprise value at $11.43B against $4.63B; BOX trades on the lower EV / Revenue multiple (3.93x vs 11.27x); BOX on the lower EV / EBITDA (31.06x vs 1332.13x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
MACERICH CO · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
BOX INC · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
2.07x
-1.51x
Net debt / EBITDA
Leverage against operating earnings
558.12x
-0.18x
Cash and equivalents
Liquid reserves on the balance sheet
$280.25M
$478.06M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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