IRS vs SLG vs MAC Stock Comparison

Irsa Investments & Representations, Sl Green Realty and Macerich Prices as of Oct 27, 2026 Peers: Industry group
SLG Sl Green Realty Corp
$49.47 -3.0% 1M -6.2% 1Y
Market cap
$3.49B
P/E
–
Revenue (TTM)
$1.07B
Div. yield
–
Office REITs Real Estate
1 win
MAC Macerich Co
$24.16 +6.7% 1M +34.2% 1Y
Market cap
$6.55B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.03%
Retail REITs Real Estate
3 wins

Head to Head

6 decided of 12

Macerich leads on 3 of the 12 questions below (Macerich 3, Irsa Investments & Representations 2, Sl Green Realty 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIRSSLGMACLeader
Larger companyMarket capitalisation $1.12B $3.49B $6.55B MAC
Cheaper on earningsLower P/E, profitable companies only 4.3x -24.3x -38.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 80.8x — — –
Faster revenue growthRevenue growth, trailing twelve months — +9.7% +1.3% SLG
More profitableNet margin, trailing twelve months — — -16.8% –
Better return on capitalReturn on invested capital — — -6.9% –
Less leveragedLower net debt / EBITDA — — -31.9x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.03% –
Better 1-year returnPrice return, last 12 months -5.3% -6.2% +34.2% MAC
Better 5-year returnAnnualised price return, 5 years +21.9%/yr -7.4%/yr +5.9%/yr IRS
Less volatileAnnualised volatility, 1 year 40.9% 38.2% 29.6% MAC
Higher overall scoreMean of the five percentile scores vs peers 86/100 49/100 15/100 IRS

Percentile Scorecard

IRSSLGMAC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIRSSLGMAC
Valuation 97 #5 of 145 49 #75 of 145 1 #143 of 145
Growth – 40 #85 of 141 32 #96 of 141
Profitability – – 9 #122 of 134
Financial Health 66 #48 of 138 – 23 #107 of 138
Shareholder Returns 95 #7 of 131 59 #54 of 131 10 #118 of 131
Overall 86 49 15
  • IRS ranked among 149 companies in Property REITs
  • SLG ranked among 149 companies in Property REITs
  • MAC ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIRSSLGMACSPY
1 month -1.4%-3.0%+6.7% -0.2%
3 months -6.3%-6.8%-8.9% +3.9%
6 months +0.1%+12.8%+11.1% +8.2%
Year to date -12.1%+7.8%+30.9% +12.9%
1 year -5.3%-6.2%+34.2% +12.3%
3 years +131.2%+69.1%+148.8% +87.4%
3 years, per year +32.2%+19.2%+35.5% +23.3%
5 years +169.4%-31.7%+33.4% +67.9%
5 years, per year +21.9%-7.4%+5.9% +10.9%
10 years -30.2%-51.8%-66.7% +261.1%
10 years, per year -3.5%-7.0%-10.4% +13.7%

Risk

MeasureIRSSLGMACSPY
Volatility, 1Y 40.9%38.2%29.6% 12.7%
Downside volatility, 1Y 39.3%38.7%32.0% 12.7%
Beta vs S&P 500, 1Y 1.180.930.63 1.00
Return / volatility, 1Y -0.13-0.161.16 0.97
Max drawdown, 5Y -37.9%-76.2%-65.2% -25.4%
From 52-week high -21.0%-17.3%-8.9% -1.2%
52-week high $18.41$59.83$26.52 $779.14
52-week low $13.20$35.33$16.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIRSSLGMAC
P/E now vs peer median 4.3xmedian 26.3x -24.4xmedian 26.3x -39.0xmedian 26.3x
P/S now vs peer median 2.8xmedian 4.0x 3.3xmedian 4.0x 6.8xmedian 4.0x
EV/EBITDA now vs peer median —median 14.4x —median 14.4x -79.3xmedian 14.4x
P/FCF now vs peer median 11.4xmedian 23.3x -3.5xmedian 23.3x -36.9xmedian 23.3x
P/B now vs peer median 0.8xmedian 1.3x 0.9xmedian 1.3x 2.4xmedian 1.3x
PEG now vs peer median —median 1.91 -0.71median 1.91 2.56median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIRSSLGMAC
Revenue – $1.07B $1.01B
Gross profit – – $595.32M
Operating income – – -$522.95M
Net income – – -$172.33M
Free cash flow – – -$186.19M
EPS (diluted) – $-2.03 $-0.62
Cash & equivalents $76.28M $186.44M $227.03M
Total debt $3.24B – $4.85B
Shares (diluted) 77.90M 70.67M 273.72M
Enterprise value $67.46M $3.49B $5.57B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIRSSLGMAC
P/E 4.3x -24.4x -39.0x
P/FCF 11.4x -3.5x -36.9x
P/Operating cash flow – – 22.4x
P/S 2.8x 3.3x 6.8x
P/B 0.8x 0.9x 2.4x
P/Tangible book 0.8x 1.2x 2.4x
EV/EBITDA – – -79.3x
EV/EBIT – – -22.0x
EV/Revenue – 3.3x 11.4x
EV/FCF – – -61.7x
EV/Operating cash flow – – 37.4x
PEG (3Y EPS CAGR) – -0.71 2.56

Growth

14 metrics
MetricIRSSLGMAC
Revenue growth (1Y) – 9.7% 1.3%
Revenue CAGR (3Y) – 1.5% 5.1%
Gross profit growth (1Y) – – 2.7%
Gross profit CAGR (3Y) – – 5.4%
Operating income growth (1Y) – – -5.4%
Operating income CAGR (3Y) – – -8.7%
Net income growth (1Y) – – 59.4%
Net income CAGR (3Y) – – -25.9%
EPS growth (1Y) – -7,085% 61.8%
EPS CAGR (3Y) – 34.3% -15.2%
Operating cash flow growth (1Y) – – -2.3%
Operating cash flow CAGR (3Y) – – -5.3%
Free cash flow growth (1Y) – – 26.6%
Free cash flow CAGR (3Y) – – -46.2%

Profitability

14 metrics
MetricIRSSLGMAC
Gross margin – – 59.2%
EBITDA margin – – -14.4%
Operating margin – – -52.0%
Pretax margin – – -52.0%
Net margin – – -16.8%
FCF margin – – -18.5%
Operating cash flow margin – – 30.5%
Return on equity – -2.6% -6.4%
Return on assets – – -2.1%
Return on invested capital – – -6.9%
Return on capital employed – – –
Asset turnover – – 0.1x
Cash conversion (OCF / net income) – – -1.8x
Stock comp / revenue – – 2.2%

Financial Health

11 metrics
MetricIRSSLGMAC
Debt / assets 37.9% – 56.9%
Debt / equity 0.8x – 1.7x
Net debt / EBITDA – – -31.9x
Debt / FCF – – -26.0x
Liabilities / assets 50.1% – 65.9%
Equity / assets 49.9% – 34.1%
Interest coverage – – –
Current ratio 1.8x – –
Quick ratio 1.7x – –
Cash ratio 1.3x – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricIRSSLGMAC
Dividend yield 9.8% 4.8% 2.8%
Net buyback yield – – -8.6%
Shareholder yield 9.8% 4.8% -5.8%
Payout ratio (earnings) – – -111.9%
Payout ratio (FCF) – – -103.6%
Dividend growth (1Y) – – 8.8%
Dividend CAGR (3Y) – – 0.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIRSSLGMAC
Forward P/E 80.8xFY2027 – –
EPS, next fiscal year $0.18FY2027 $-0.75FY2026 $-0.17FY2026
EPS growth, next FY -50.0%FY2027 – –
EPS growth, the year after -16.7% – –
Revenue, next fiscal year $436.40MFY2027 $640.65MFY2026 $969.19MFY2026
Revenue growth, next FY +0.1%FY2027 +6.5%FY2026 -4.0%FY2026
Revenue growth, the year after -1.4% +6.4% +13.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIRSSLGMAC
Held by institutions 17.2% 99.3% 100.0%
Institutions holding 68 355 350
Change in shares held, QoQ +8.0% +0.0% +19.5%
Institutions buying 34 185 220
Institutions selling 11 118 79
Buyers to sellers 3.09 1.57 2.78

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IRSSLGMAC
IRS 1.00 0.16 0.21
SLG 0.16 1.00 0.44
MAC 0.21 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IRS, SLG and MAC?

Macerich (MAC) is the largest by market capitalisation: Irsa Investments & Representations (IRS) $1.12B, Sl Green Realty (SLG) $3.49B, Macerich (MAC) $6.55B.

Which company is growing faster?

Sl Green Realty (SLG) grew revenue fastest over the trailing twelve months: Sl Green Realty (SLG) +9.7%, Macerich (MAC) +1.3%.

Which stock has performed better?

Over the past year Macerich (MAC) returned the most: Irsa Investments & Representations (IRS) -5.3%, Sl Green Realty (SLG) -6.2%, Macerich (MAC) +34.2%. Over five years, Irsa Investments & Representations (IRS) compounded fastest (Irsa Investments & Representations (IRS) +21.9%/yr, Sl Green Realty (SLG) -7.4%/yr, Macerich (MAC) +5.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Irsa Investments & Representations (IRS) 0.00%, Sl Green Realty (SLG) 0.00%, Macerich (MAC) 0.03%. Irsa Investments & Representations (IRS) and Sl Green Realty (SLG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Macerich (MAC) has been the steadiest (Irsa Investments & Representations (IRS) 40.9%, Sl Green Realty (SLG) 38.2%, Macerich (MAC) 29.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IRS, SLG and MAC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Macerich (MAC) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.