COMP <GO>
MAC vs VNO // OPERATING MARGIN
Macerich Company (NYSE) VS. Vornado Realty Trust (NYSE) • 15-METRIC TALLY: MAC 5
— VNO 6
▲ OPERATING MARGIN LEADER: VNO
LAST: $24.81 (+1.93%) • MKT CAP: $7.04B
operating-margins
-23.70%
LAST: $34.97 (+1.22%) • MKT CAP: $6.53B
operating-margins
63.10%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MAC VS. VNO)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MAC | VNO | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -4.10% | 10.30% | -14.40 | VNO | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 7.7x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 4.00% | 17.91% | -13.91 | VNO | /fcf-yield <GO> |
| Operating Margin ACTIVE | -23.70% | 63.10% | -86.80 | VNO | /operating-margins <GO> |
| Net Profit Margin | -19.40% | 51.80% | -71.20 | VNO | /net-margins <GO> |
| Revenue Growth (YoY) | 10.40% | 1.30% | +9.10 | MAC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.73% | 2.15% | +0.58 | MAC | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | VNO | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 67.8 | 54.3 | +13.50 | MAC | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.05 | 1.03 | +0.02 | MAC | /macro-sensitivity <GO> |
| Forward P/E Multiple | 26.0x | 6.5x | +19.50 | VNO | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.04B | $6.53B | $505.5M | MAC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MAC REV | VNO REV | MAC GROSS % | VNO GROSS % | MAC FCF | VNO FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.01B | $1.81B | — | — | $276.0M | $1.18B |
| FY 2024 | $918.2M | $1.79B | — | — | $242.1M | $457.3M |
| FY 2023 | $884.1M | $1.81B | — | — | $255.7M | $566.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MAC // BETA 1.05
VNO // BETA 1.03