COMP <GO>
VNO vs MAC // FORWARD P/E MULTIPLE
Vornado Realty Trust (NYSE) VS. Macerich Company (NYSE) • 15-METRIC TALLY: VNO 6
— MAC 5
▲ FORWARD P/E MULTIPLE LEADER: VNO
LAST: $33.87 (-3.15%) • MKT CAP: $6.53B
forward-pe
6.5x
LAST: $24.74 (-0.28%) • MKT CAP: $7.04B
forward-pe
26.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (VNO VS. MAC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | VNO | MAC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 10.30% | -4.10% | +14.40 | VNO | /roic <GO> |
| EV/EBITDA & P/E Valuation | 7.7x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 17.91% | 4.00% | +13.91 | VNO | /fcf-yield <GO> |
| Operating Margin | 63.10% | -23.70% | +86.80 | VNO | /operating-margins <GO> |
| Net Profit Margin | 51.80% | -19.40% | +71.20 | VNO | /net-margins <GO> |
| Revenue Growth (YoY) | 1.30% | 10.40% | -9.10 | MAC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.15% | 2.73% | -0.58 | MAC | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | VNO | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 54.3 | 67.8 | -13.50 | MAC | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.03 | 1.05 | -0.02 | MAC | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 6.5x | 26.0x | -19.50 | VNO | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.53B | $7.04B | -$505.5M | MAC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | VNO REV | MAC REV | VNO GROSS % | MAC GROSS % | VNO FCF | MAC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.81B | $1.01B | — | — | $1.18B | $276.0M |
| FY 2024 | $1.79B | $918.2M | — | — | $457.3M | $242.1M |
| FY 2023 | $1.81B | $884.1M | — | — | $566.6M | $255.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
VNO // BETA 1.03
MAC // BETA 1.05