MAC vs BRX vs CURB Stock Comparison

Macerich, Brixmor Property and Curbline Properties Prices as of Oct 23, 2026 Peers: Industry group
MAC Macerich Co
$24.10 +6.3% 1M +34.6% 1Y
Market cap
$6.67B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.03%
Retail REITs Real Estate
3 wins

Head to Head

12 decided of 12

Brixmor Property leads on 7 of the 12 questions below (Brixmor Property 7, Macerich 3, Curbline Properties 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMACBRXCURBLeader
Larger companyMarket capitalisation $6.67B $8.65B $3.28B BRX
Cheaper on earningsLower P/E, profitable companies only -39.3x 20.0x 119.4x BRX
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 25.8x 125.5x BRX
Faster revenue growthRevenue growth, trailing twelve months +1.3% +5.8% +50.6% CURB
More profitableNet margin, trailing twelve months -16.8% 30.8% 11.1% BRX
Better return on capitalReturn on invested capital -6.9% — 2.3% CURB
Less leveragedLower net debt / EBITDA -31.9x — 1.4x MAC
Higher dividend yieldTrailing dividend yield 0.03% 0.04% 0.00% BRX
Better 1-year returnPrice return, last 12 months +34.6% +0.6% +19.2% MAC
Better 5-year returnAnnualised price return, 5 years +5.5%/yr +3.5%/yr — MAC
Less volatileAnnualised volatility, 1 year 29.5% 17.8% 20.8% BRX
Higher overall scoreMean of the five percentile scores vs peers 15/100 48/100 36/100 BRX

Percentile Scorecard

MACBRXCURB

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

AxisMACBRXCURB
Valuation 1 #143 of 145 31 #100 of 145 1 #144 of 145
Growth 33 #97 of 144 43 #82 of 144 45 #80 of 144
Profitability 10 #126 of 140 82 #26 of 140 36 #90 of 140
Financial Health 21 #116 of 146 19 #119 of 146 94 #10 of 146
Shareholder Returns 10 #119 of 132 66 #45 of 132 5 #126 of 132
Overall 15 48 36
  • MAC ranked among 149 companies in Property REITs
  • BRX ranked among 149 companies in Property REITs
  • CURB ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodMACBRXCURBSPY
1 month +6.3%+1.7%+2.4% -1.0%
3 months -6.7%-13.3%-8.6% +2.9%
6 months +13.7%-7.3%+2.7% +6.4%
Year to date +30.6%+7.3%+24.3% +11.4%
1 year +34.6%+0.6%+19.2% +13.1%
3 years +132.2%+40.9%— +79.4%
3 years, per year +32.4%+12.1%— +21.5%
5 years +30.8%+18.7%— +67.7%
5 years, per year +5.5%+3.5%— +10.9%
10 years -68.5%+5.8%— +255.2%
10 years, per year -10.9%+0.6%— +13.5%

Risk

MeasureMACBRXCURBSPY
Volatility, 1Y 29.5%17.8%20.8% 12.7%
Downside volatility, 1Y 32.0%17.7%19.0% 12.7%
Beta vs S&P 500, 1Y 0.630.000.13 1.00
Return / volatility, 1Y 1.170.030.92 1.03
Max drawdown, 5Y -65.2%-32.4%-17.0% -25.4%
From 52-week high -9.1%-13.9%-9.1% -2.5%
52-week high $26.52$32.67$31.75 $779.14
52-week low $16.20$24.67$22.70 $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.

MultipleMACBRXCURB
P/E now vs peer median -38.9xmedian 27.0x 20.0xmedian 27.0x 121.1xmedian 27.0x
P/S now vs peer median 6.8xmedian 4.1x 6.2xmedian 4.1x 14.2xmedian 4.1x
EV/EBITDA now vs peer median -79.2xmedian 14.5x —median 14.5x 22.7xmedian 14.5x
P/FCF now vs peer median -36.8xmedian 23.7x -83.6xmedian 23.7x -4.3xmedian 23.7x
P/B now vs peer median 2.4xmedian 1.3x 2.9xmedian 1.3x 1.5xmedian 1.3x
PEG now vs peer median 2.55median 2.07 3.27median 2.07 —median 2.07

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 monthsMACBRXCURB
Revenue $1.01B $1.40B $246.53M
Gross profit $595.32M – –
Operating income -$522.95M – –
Net income -$172.33M $432.79M $27.49M
Free cash flow -$186.19M -$103.24M -$806.24M
EPS (diluted) $-0.62 $1.40 $0.23
Cash & equivalents $227.03M $170.89M $122.83M
Total debt $19.84B $21.81B $347.41M
Shares (diluted) 273.72M 307.92M 116.93M
Enterprise value $5.69B $7.49B $2.40B

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
MetricMACBRXCURB
P/E -38.9x 20.0x 121.1x
P/FCF -36.8x -83.6x -4.3x
P/Operating cash flow 22.3x 12.6x 25.7x
P/S 6.8x 6.2x 14.2x
P/B 2.4x 2.9x 1.5x
P/Tangible book 2.4x 2.9x 1.7x
EV/EBITDA -79.2x – 22.7x
EV/EBIT -21.9x – 63.9x
EV/Revenue 11.4x 9.8x 15.1x
EV/FCF -61.6x -133.5x -4.6x
EV/Operating cash flow 37.4x 20.1x 27.4x
PEG (3Y EPS CAGR) 2.55 3.27 –

Growth

14 metrics
MetricMACBRXCURB
Revenue growth (1Y) 1.3% 5.8% 50.6%
Revenue CAGR (3Y) 5.1% 4.4% –
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% 29.1% -34.2%
Net income CAGR (3Y) -25.9% 6.8% –
EPS growth (1Y) 61.8% 29.0% -40.8%
EPS CAGR (3Y) -15.2% 6.1% –
Operating cash flow growth (1Y) -2.3% 9.8% 6.6%
Operating cash flow CAGR (3Y) -5.3% 5.3% –
Free cash flow growth (1Y) 26.6% -498.9% -15.6%
Free cash flow CAGR (3Y) -46.2% -34.3% –

Profitability

14 metrics
MetricMACBRXCURB
Gross margin 59.2% – –
EBITDA margin -14.4% – 66.8%
Operating margin -52.0% – –
Pretax margin -52.0% – 11.2%
Net margin -16.8% 30.8% 11.1%
FCF margin -18.5% -7.4% -327.0%
Operating cash flow margin 30.5% 48.8% 55.2%
Return on equity -6.4% 14.3% 1.3%
Return on assets -2.1% 4.8% 0.9%
Return on invested capital -6.9% – 2.3%
Return on capital employed – – –
Asset turnover 0.1x 0.2x 0.1x
Cash conversion (OCF / net income) -1.8x 1.6x 5.0x
Stock comp / revenue 2.2% 1.0% 4.8%

Financial Health

11 metrics
MetricMACBRXCURB
Debt / assets 56.9% 59.1% 11.5%
Debt / equity 1.7x 1.8x 0.2x
Net debt / EBITDA -31.9x – 1.4x
Debt / FCF -26.0x -51.6x -0.4x
Liabilities / assets 65.9% 66.4% 25.1%
Equity / assets 34.1% 33.6% 74.9%
Interest coverage – – 1.9x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricMACBRXCURB
Dividend yield 2.8% 4.4% 2.4%
Net buyback yield -8.6% 0.0% –
Shareholder yield -5.8% 4.4% 2.4%
Payout ratio (earnings) -111.9% 85.0% –
Payout ratio (FCF) -103.6% -356.4% –
Dividend growth (1Y) 8.8% 7.4% –
Dividend CAGR (3Y) 0.4% 7.7% –

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.

ConsensusMACBRXCURB
Forward P/E – 25.8xFY2026 125.5xFY2026
EPS, next fiscal year $-0.18FY2026 $1.09FY2026 $0.23FY2026
EPS growth, next FY – -12.8%FY2026 -37.8%FY2026
EPS growth, the year after – -6.4% +47.8%
Revenue, next fiscal year $968.77MFY2026 $1.48BFY2026 $271.22MFY2026
Revenue growth, next FY -4.1%FY2026 +7.9%FY2026 +49.0%FY2026
Revenue growth, the year after +12.7% +8.7% +13.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMACBRXCURB
Held by institutions 100.0% 100.0% 100.0%
Institutions holding 350 477 283
Change in shares held, QoQ +19.5% +3.6% +13.4%
Institutions buying 220 244 158
Institutions selling 79 159 87
Buyers to sellers 2.78 1.53 1.82

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.

MACBRXCURB
MAC 1.00 0.54 0.45
BRX 0.54 1.00 0.56
CURB 0.45 0.56 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MAC, BRX and CURB?

Brixmor Property (BRX) is the largest by market capitalisation: Macerich (MAC) $6.67B, Brixmor Property (BRX) $8.65B, Curbline Properties (CURB) $3.28B.

Which stock is cheaper, MAC, BRX and CURB?

Brixmor Property (BRX) trades on the lowest price-to-earnings ratio (Macerich (MAC) -39.3x, Brixmor Property (BRX) 20.0x, Curbline Properties (CURB) 119.4x). On next year's consensus earnings, Brixmor Property (BRX) is cheapest (Brixmor Property (BRX) 25.8x, Curbline Properties (CURB) 125.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Curbline Properties (CURB) grew revenue fastest over the trailing twelve months: Macerich (MAC) +1.3%, Brixmor Property (BRX) +5.8%, Curbline Properties (CURB) +50.6%.

Which company is more profitable?

Brixmor Property (BRX) has the highest net margin (Macerich (MAC) -16.8%, Brixmor Property (BRX) 30.8%, Curbline Properties (CURB) 11.1%). On return on invested capital, Curbline Properties (CURB) leads (Macerich (MAC) -6.9%, Curbline Properties (CURB) 2.3%).

Which stock has performed better?

Over the past year Macerich (MAC) returned the most: Macerich (MAC) +34.6%, Brixmor Property (BRX) +0.6%, Curbline Properties (CURB) +19.2%. Over five years, Macerich (MAC) compounded fastest (Macerich (MAC) +5.5%/yr, Brixmor Property (BRX) +3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Brixmor Property (BRX) has the highest dividend yield: Macerich (MAC) 0.03%, Brixmor Property (BRX) 0.04%, Curbline Properties (CURB) 0.00%. Curbline Properties (CURB) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Brixmor Property (BRX) has been the steadiest (Macerich (MAC) 29.5%, Brixmor Property (BRX) 17.8%, Curbline Properties (CURB) 20.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MAC, BRX and CURB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Brixmor Property (BRX) leads on 7. 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.