Other Joint Ventures was Macerich’s largest revenue line in fiscal 2023, bringing in $711.64M of $892.73M (80%).
| Counterparty Name | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|
| Other Joint Ventures | $688.22M | $688.49M | $711.64M |
| Ppr Portfolio | $168.90M | $184.36M | $181.09M |
| Total | $857.13M | $872.85M | $892.73M |
Macerich brought in $892.73M from its two revenue lines in fiscal 2023, the year ended December 31, 2023. That was up 2.3% from $872.85M in fiscal 2022. Other Joint Ventures was the largest at $711.64M (79.7%), ahead of Ppr Portfolio at $181.09M (20.3%).
Compared with fiscal 2022, Other Joint Ventures grew 3.4% to $711.64M, while Ppr Portfolio fell 1.8% to $181.09M. From fiscal 2021 to 2023, combined revenue from these revenue lines grew from $857.13M to $892.73M, a compound annual growth rate of 2.1%. Other Joint Ventures' share of the total fell from 80.3% to 79.7%.
Other Joint Ventures was Macerich’s largest revenue line in fiscal 2018, bringing in $768.75M of $956.58M (80%).
| Equity Method Investment, Nonconsolidated Investee | FY 2018 |
|---|---|
| Other Joint Ventures | $768.75M |
| Ppr Portfolio | $187.83M |
| Total | $956.58M |
Macerich brought in $956.58M from its two revenue lines in fiscal 2018, the year ended December 31, 2018. Other Joint Ventures was the largest at $768.75M (80.4%), ahead of Ppr Portfolio at $187.83M (19.6%).
Macerich (MAC) reports its revenue by counterparty name and by equity method investment, nonconsolidated investee. In fiscal 2023, Other Joint Ventures was its largest revenue line, bringing in $711.64M (79.7% of the total), followed by Ppr Portfolio at $181.09M (20.3%).
Other Joint Ventures was Macerich's largest revenue line in fiscal 2023, bringing in $711.64M, or 79.7% of the $892.73M total across its two revenue lines.
Other Joint Ventures grew faster than Ppr Portfolio in fiscal 2023, up 3.4% from $688.49M to $711.64M. Ppr Portfolio fell 1.8% to $181.09M.
Every figure comes from Macerich's annual financial filings, as reported. Each line keeps the name Macerich gives it, and years follow its fiscal calendar.
Macerich's revenue by counterparty name goes back to fiscal 2021, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.