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Side-by-side financial comparison of Claritev Corp (CTEV) 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 $246.6M, roughly 1.1× Claritev Corp). MACERICH CO runs the higher net margin — -7.2% vs -32.7%, a 25.5% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -4.4%). Over the past eight quarters, MACERICH CO's revenue compounded faster (12.0% CAGR vs 2.5%).

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.

CTEV vs MAC — Head-to-Head

Bigger by revenue
MAC
MAC
1.1× larger
MAC
$261.7M
$246.6M
CTEV
Growing faster (revenue YoY)
CTEV
CTEV
+10.6% gap
CTEV
6.2%
-4.4%
MAC
Higher net margin
MAC
MAC
25.5% more per $
MAC
-7.2%
-32.7%
CTEV
Faster 2-yr revenue CAGR
MAC
MAC
Annualised
MAC
12.0%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTEV
CTEV
MAC
MAC
Revenue
$246.6M
$261.7M
Net Profit
$-80.6M
$-18.8M
Gross Margin
Operating Margin
-3.1%
Net Margin
-32.7%
-7.2%
Revenue YoY
6.2%
-4.4%
Net Profit YoY
41.6%
91.1%
EPS (diluted)
$-4.88
$-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
CTEV
CTEV
MAC
MAC
Q4 25
$246.6M
$261.7M
Q3 25
$246.0M
$253.3M
Q2 25
$241.6M
$249.8M
Q1 25
$231.3M
$249.2M
Q4 24
$232.1M
$273.7M
Q3 24
$230.5M
$220.2M
Q2 24
$233.5M
$215.5M
Q1 24
$234.5M
$208.8M
Net Profit
CTEV
CTEV
MAC
MAC
Q4 25
$-80.6M
$-18.8M
Q3 25
$-69.8M
$-87.4M
Q2 25
$-62.6M
$-40.9M
Q1 25
$-71.3M
$-50.1M
Q4 24
$-138.0M
$-211.2M
Q3 24
$-391.4M
$-108.2M
Q2 24
$-576.7M
$252.0M
Q1 24
$-539.7M
$-126.7M
Operating Margin
CTEV
CTEV
MAC
MAC
Q4 25
-3.1%
Q3 25
4.1%
Q2 25
6.9%
Q1 25
4.2%
Q4 24
-17.8%
Q3 24
-146.7%
Q2 24
-224.4%
Q1 24
-207.4%
Net Margin
CTEV
CTEV
MAC
MAC
Q4 25
-32.7%
-7.2%
Q3 25
-28.4%
-34.5%
Q2 25
-25.9%
-16.4%
Q1 25
-30.8%
-20.1%
Q4 24
-59.4%
-77.2%
Q3 24
-169.8%
-49.1%
Q2 24
-247.0%
116.9%
Q1 24
-230.1%
-60.7%
EPS (diluted)
CTEV
CTEV
MAC
MAC
Q4 25
$-4.88
$-0.08
Q3 25
$-4.23
$-0.34
Q2 25
$-3.81
$-0.16
Q1 25
$-4.38
$-0.20
Q4 24
$-8.49
$-0.95
Q3 24
$-24.25
$-0.50
Q2 24
$-35.78
$1.16
Q1 24
$-33.40
$-0.59

Balance Sheet & Financial Strength

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

Metric
CTEV
CTEV
MAC
MAC
Cash + ST InvestmentsLiquidity on hand
$16.8M
$280.2M
Total DebtLower is stronger
$4.6B
$5.1B
Stockholders' EquityBook value
$-173.9M
$2.4B
Total Assets
$4.9B
$8.4B
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
MAC
MAC
Q4 25
$16.8M
$280.2M
Q3 25
$39.2M
$290.2M
Q2 25
$56.4M
$131.1M
Q1 25
$23.1M
$253.2M
Q4 24
$16.8M
$89.9M
Q3 24
$86.6M
$116.5M
Q2 24
$48.8M
$70.7M
Q1 24
$58.7M
$120.1M
Total Debt
CTEV
CTEV
MAC
MAC
Q4 25
$4.6B
$5.1B
Q3 25
$4.5B
$5.1B
Q2 25
$4.5B
$5.2B
Q1 25
$4.5B
$5.2B
Q4 24
$4.5B
$4.9B
Q3 24
$4.5B
$4.3B
Q2 24
$4.5B
$4.4B
Q1 24
$4.5B
$4.1B
Stockholders' Equity
CTEV
CTEV
MAC
MAC
Q4 25
$-173.9M
$2.4B
Q3 25
$-101.8M
$2.5B
Q2 25
$-39.9M
$2.6B
Q1 25
$14.8M
$2.7B
Q4 24
$84.0M
$2.8B
Q3 24
$207.6M
$2.5B
Q2 24
$603.4M
$2.5B
Q1 24
$1.2B
$2.3B
Total Assets
CTEV
CTEV
MAC
MAC
Q4 25
$4.9B
$8.4B
Q3 25
$5.0B
$8.4B
Q2 25
$5.1B
$8.7B
Q1 25
$5.1B
$8.7B
Q4 24
$5.2B
$8.6B
Q3 24
$5.3B
$7.6B
Q2 24
$5.7B
$7.8B
Q1 24
$6.4B
$7.4B
Debt / Equity
CTEV
CTEV
MAC
MAC
Q4 25
2.07×
Q3 25
2.02×
Q2 25
2.02×
Q1 25
304.87×
1.96×
Q4 24
53.67×
1.78×
Q3 24
21.73×
1.73×
Q2 24
7.48×
1.75×
Q1 24
3.85×
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
CTEV
CTEV
MAC
MAC
Operating Cash FlowLast quarter
$66.3M
$50.2M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
12.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
MAC
MAC
Q4 25
$66.3M
$50.2M
Q3 25
$19.9M
$112.4M
Q2 25
$61.2M
$70.5M
Q1 25
$-30.1M
$88.5M
Q4 24
$-33.4M
$54.9M
Q3 24
$72.8M
$100.0M
Q2 24
$18.5M
$67.4M
Q1 24
$49.7M
$61.1M
Free Cash Flow
CTEV
CTEV
MAC
MAC
Q4 25
$36.4M
Q3 25
$-16.3M
Q2 25
$36.6M
Q1 25
$-68.9M
Q4 24
$-63.8M
Q3 24
$41.1M
Q2 24
$-7.0M
Q1 24
$19.2M
FCF Margin
CTEV
CTEV
MAC
MAC
Q4 25
14.8%
Q3 25
-6.6%
Q2 25
15.2%
Q1 25
-29.8%
Q4 24
-27.5%
Q3 24
17.8%
Q2 24
-3.0%
Q1 24
8.2%
Capex Intensity
CTEV
CTEV
MAC
MAC
Q4 25
12.1%
Q3 25
14.7%
Q2 25
10.2%
Q1 25
16.8%
Q4 24
13.1%
Q3 24
13.8%
Q2 24
10.9%
Q1 24
13.0%
Cash Conversion
CTEV
CTEV
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.

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