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Side-by-side financial comparison of AtriCure, Inc. (ATRC) and MACERICH CO (MAC). Click either name above to swap in a different company.

MACERICH CO is the larger business by last-quarter revenue ($261.7M vs $140.5M, roughly 1.9× AtriCure, Inc.). On growth, AtriCure, Inc. posted the faster year-over-year revenue change (13.1% vs -4.4%). Over the past eight quarters, AtriCure, Inc.'s revenue compounded faster (13.6% CAGR vs 12.0%).

AtriCure, Inc. is a global medical device company specializing in the research, development, and manufacturing of innovative surgical tools and therapeutic solutions for treating atrial fibrillation and associated cardiac conditions. Its core customers include hospitals, cardiac surgery centers, and healthcare providers across North America, Europe, and the Asia Pacific region, with products designed to support safer, more effective minimally invasive cardiac procedures.

The Macerich Company is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2024, the company owned interests in 43 properties comprising 43 million square feet of leasable area. The company name is a portmanteau of its founders, Mace Siegel and Richard Cohen.

ATRC vs MAC — Head-to-Head

Bigger by revenue
MAC
MAC
1.9× larger
MAC
$261.7M
$140.5M
ATRC
Growing faster (revenue YoY)
ATRC
ATRC
+17.4% gap
ATRC
13.1%
-4.4%
MAC
Faster 2-yr revenue CAGR
ATRC
ATRC
Annualised
ATRC
13.6%
12.0%
MAC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATRC
ATRC
MAC
MAC
Revenue
$140.5M
$261.7M
Net Profit
$-18.8M
Gross Margin
75.0%
Operating Margin
1.8%
Net Margin
-7.2%
Revenue YoY
13.1%
-4.4%
Net Profit YoY
91.1%
EPS (diluted)
$0.04
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATRC
ATRC
MAC
MAC
Q4 25
$140.5M
$261.7M
Q3 25
$134.3M
$253.3M
Q2 25
$136.1M
$249.8M
Q1 25
$123.6M
$249.2M
Q4 24
$124.3M
$273.7M
Q3 24
$115.9M
$220.2M
Q2 24
$116.3M
$215.5M
Q1 24
$108.9M
$208.8M
Net Profit
ATRC
ATRC
MAC
MAC
Q4 25
$-18.8M
Q3 25
$-267.0K
$-87.4M
Q2 25
$-6.2M
$-40.9M
Q1 25
$-6.7M
$-50.1M
Q4 24
$-211.2M
Q3 24
$-7.9M
$-108.2M
Q2 24
$-8.0M
$252.0M
Q1 24
$-13.3M
$-126.7M
Gross Margin
ATRC
ATRC
MAC
MAC
Q4 25
75.0%
Q3 25
75.5%
Q2 25
74.5%
Q1 25
74.9%
Q4 24
74.5%
Q3 24
74.9%
Q2 24
74.7%
Q1 24
74.7%
Operating Margin
ATRC
ATRC
MAC
MAC
Q4 25
1.8%
Q3 25
0.2%
Q2 25
-4.5%
Q1 25
-4.8%
Q4 24
-11.7%
Q3 24
-6.4%
Q2 24
-6.2%
Q1 24
-10.0%
Net Margin
ATRC
ATRC
MAC
MAC
Q4 25
-7.2%
Q3 25
-0.2%
-34.5%
Q2 25
-4.5%
-16.4%
Q1 25
-5.5%
-20.1%
Q4 24
-77.2%
Q3 24
-6.8%
-49.1%
Q2 24
-6.9%
116.9%
Q1 24
-12.2%
-60.7%
EPS (diluted)
ATRC
ATRC
MAC
MAC
Q4 25
$0.04
$-0.08
Q3 25
$-0.01
$-0.34
Q2 25
$-0.13
$-0.16
Q1 25
$-0.14
$-0.20
Q4 24
$-0.33
$-0.95
Q3 24
$-0.17
$-0.50
Q2 24
$-0.17
$1.16
Q1 24
$-0.28
$-0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATRC
ATRC
MAC
MAC
Cash + ST InvestmentsLiquidity on hand
$167.4M
$280.2M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$491.9M
$2.4B
Total Assets
$654.2M
$8.4B
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRC
ATRC
MAC
MAC
Q4 25
$167.4M
$280.2M
Q3 25
$147.9M
$290.2M
Q2 25
$117.8M
$131.1M
Q1 25
$99.9M
$253.2M
Q4 24
$122.7M
$89.9M
Q3 24
$130.3M
$116.5M
Q2 24
$114.0M
$70.7M
Q1 24
$106.0M
$120.1M
Total Debt
ATRC
ATRC
MAC
MAC
Q4 25
$5.1B
Q3 25
$61.9M
$5.1B
Q2 25
$61.9M
$5.2B
Q1 25
$61.9M
$5.2B
Q4 24
$4.9B
Q3 24
$61.9M
$4.3B
Q2 24
$61.9M
$4.4B
Q1 24
$61.9M
$4.1B
Stockholders' Equity
ATRC
ATRC
MAC
MAC
Q4 25
$491.9M
$2.4B
Q3 25
$476.5M
$2.5B
Q2 25
$464.5M
$2.6B
Q1 25
$454.6M
$2.7B
Q4 24
$461.0M
$2.8B
Q3 24
$465.0M
$2.5B
Q2 24
$462.1M
$2.5B
Q1 24
$456.3M
$2.3B
Total Assets
ATRC
ATRC
MAC
MAC
Q4 25
$654.2M
$8.4B
Q3 25
$635.4M
$8.4B
Q2 25
$608.8M
$8.7B
Q1 25
$591.6M
$8.7B
Q4 24
$609.3M
$8.6B
Q3 24
$615.1M
$7.6B
Q2 24
$597.3M
$7.8B
Q1 24
$591.6M
$7.4B
Debt / Equity
ATRC
ATRC
MAC
MAC
Q4 25
2.07×
Q3 25
0.13×
2.02×
Q2 25
0.13×
2.02×
Q1 25
0.14×
1.96×
Q4 24
1.78×
Q3 24
0.13×
1.73×
Q2 24
0.13×
1.75×
Q1 24
0.14×
1.79×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATRC
ATRC
MAC
MAC
Operating Cash FlowLast quarter
$20.0M
$50.2M
Free Cash FlowOCF − Capex
$18.4M
FCF MarginFCF / Revenue
13.1%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$48.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRC
ATRC
MAC
MAC
Q4 25
$20.0M
$50.2M
Q3 25
$26.7M
$112.4M
Q2 25
$21.6M
$70.5M
Q1 25
$-11.0M
$88.5M
Q4 24
$5.8M
$54.9M
Q3 24
$20.0M
$100.0M
Q2 24
$7.4M
$67.4M
Q1 24
$-21.0M
$61.1M
Free Cash Flow
ATRC
ATRC
MAC
MAC
Q4 25
$18.4M
Q3 25
$24.1M
Q2 25
$19.0M
Q1 25
$-13.2M
Q4 24
$3.1M
Q3 24
$16.4M
Q2 24
$5.0M
Q1 24
$-23.8M
FCF Margin
ATRC
ATRC
MAC
MAC
Q4 25
13.1%
Q3 25
18.0%
Q2 25
13.9%
Q1 25
-10.7%
Q4 24
2.5%
Q3 24
14.1%
Q2 24
4.3%
Q1 24
-21.9%
Capex Intensity
ATRC
ATRC
MAC
MAC
Q4 25
1.1%
Q3 25
1.9%
Q2 25
2.0%
Q1 25
1.8%
Q4 24
2.2%
Q3 24
3.1%
Q2 24
2.1%
Q1 24
2.5%
Cash Conversion
ATRC
ATRC
MAC
MAC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.27×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATRC
ATRC

Appendage Management$45.5M32%
Openheart$38.5M27%
Other$26.2M19%
Pain Management$22.6M16%
Minimally Invasive$7.7M6%

MAC
MAC

Segment breakdown not available.

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