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

MACERICH CO is the larger business by last-quarter revenue ($261.7M vs $225.6M, roughly 1.2× Organogenesis Holdings Inc.). Organogenesis Holdings Inc. runs the higher net margin — 19.4% vs -7.2%, a 26.5% gap on every dollar of revenue. On growth, Organogenesis Holdings Inc. posted the faster year-over-year revenue change (78.1% vs -4.4%). Over the past eight quarters, Organogenesis Holdings Inc.'s revenue compounded faster (43.2% CAGR vs 12.0%).

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.

Organogenesis Holdings Inc. is a leading regenerative medicine firm specializing in developing and manufacturing advanced therapeutic products for wound care, surgical repair, sports medicine, and dermatology. It serves healthcare providers and patients primarily in the U.S. and select international markets, offering clinically validated solutions for unmet medical needs.

MAC vs ORGO — Head-to-Head

Bigger by revenue
MAC
MAC
1.2× larger
MAC
$261.7M
$225.6M
ORGO
Growing faster (revenue YoY)
ORGO
ORGO
+82.5% gap
ORGO
78.1%
-4.4%
MAC
Higher net margin
ORGO
ORGO
26.5% more per $
ORGO
19.4%
-7.2%
MAC
Faster 2-yr revenue CAGR
ORGO
ORGO
Annualised
ORGO
43.2%
12.0%
MAC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAC
MAC
ORGO
ORGO
Revenue
$261.7M
$225.6M
Net Profit
$-18.8M
$43.7M
Gross Margin
Operating Margin
28.1%
Net Margin
-7.2%
19.4%
Revenue YoY
-4.4%
78.1%
Net Profit YoY
91.1%
469.5%
EPS (diluted)
$-0.08
$0.31

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
MAC
MAC
ORGO
ORGO
Q4 25
$261.7M
$225.6M
Q3 25
$253.3M
$150.9M
Q2 25
$249.8M
$101.0M
Q1 25
$249.2M
$86.7M
Q4 24
$273.7M
$126.7M
Q3 24
$220.2M
$115.2M
Q2 24
$215.5M
$130.2M
Q1 24
$208.8M
$110.0M
Net Profit
MAC
MAC
ORGO
ORGO
Q4 25
$-18.8M
$43.7M
Q3 25
$-87.4M
$21.6M
Q2 25
$-40.9M
$-9.4M
Q1 25
$-50.1M
$-18.8M
Q4 24
$-211.2M
$7.7M
Q3 24
$-108.2M
$12.3M
Q2 24
$252.0M
$-17.0M
Q1 24
$-126.7M
$-2.1M
Gross Margin
MAC
MAC
ORGO
ORGO
Q4 25
Q3 25
Q2 25
Q1 25
72.6%
Q4 24
75.5%
Q3 24
76.7%
Q2 24
77.6%
Q1 24
73.9%
Operating Margin
MAC
MAC
ORGO
ORGO
Q4 25
28.1%
Q3 25
13.7%
Q2 25
-12.5%
Q1 25
-30.9%
Q4 24
8.1%
Q3 24
5.4%
Q2 24
-10.7%
Q1 24
-3.5%
Net Margin
MAC
MAC
ORGO
ORGO
Q4 25
-7.2%
19.4%
Q3 25
-34.5%
14.3%
Q2 25
-16.4%
-9.3%
Q1 25
-20.1%
-21.7%
Q4 24
-77.2%
6.1%
Q3 24
-49.1%
10.7%
Q2 24
116.9%
-13.1%
Q1 24
-60.7%
-1.9%
EPS (diluted)
MAC
MAC
ORGO
ORGO
Q4 25
$-0.08
$0.31
Q3 25
$-0.34
$0.11
Q2 25
$-0.16
$-0.10
Q1 25
$-0.20
$-0.17
Q4 24
$-0.95
$0.05
Q3 24
$-0.50
$0.09
Q2 24
$1.16
$-0.13
Q1 24
$-0.59
$-0.02

Balance Sheet & Financial Strength

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

Metric
MAC
MAC
ORGO
ORGO
Cash + ST InvestmentsLiquidity on hand
$280.2M
$93.7M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$2.4B
$300.1M
Total Assets
$8.4B
$598.7M
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAC
MAC
ORGO
ORGO
Q4 25
$280.2M
$93.7M
Q3 25
$290.2M
$63.7M
Q2 25
$131.1M
$73.1M
Q1 25
$253.2M
$110.0M
Q4 24
$89.9M
$135.6M
Q3 24
$116.5M
$94.3M
Q2 24
$70.7M
$89.9M
Q1 24
$120.1M
$88.6M
Total Debt
MAC
MAC
ORGO
ORGO
Q4 25
$5.1B
Q3 25
$5.1B
Q2 25
$5.2B
Q1 25
$5.2B
Q4 24
$4.9B
Q3 24
$4.3B
$62.3M
Q2 24
$4.4B
$63.8M
Q1 24
$4.1B
$65.2M
Stockholders' Equity
MAC
MAC
ORGO
ORGO
Q4 25
$2.4B
$300.1M
Q3 25
$2.5B
$255.1M
Q2 25
$2.6B
$233.2M
Q1 25
$2.7B
$242.9M
Q4 24
$2.8B
$262.9M
Q3 24
$2.5B
$278.5M
Q2 24
$2.5B
$263.5M
Q1 24
$2.3B
$278.0M
Total Assets
MAC
MAC
ORGO
ORGO
Q4 25
$8.4B
$598.7M
Q3 25
$8.4B
$509.8M
Q2 25
$8.7B
$461.1M
Q1 25
$8.7B
$467.4M
Q4 24
$8.6B
$497.9M
Q3 24
$7.6B
$446.3M
Q2 24
$7.8B
$443.2M
Q1 24
$7.4B
$458.5M
Debt / Equity
MAC
MAC
ORGO
ORGO
Q4 25
2.07×
Q3 25
2.02×
Q2 25
2.02×
Q1 25
1.96×
Q4 24
1.78×
Q3 24
1.73×
0.22×
Q2 24
1.75×
0.24×
Q1 24
1.79×
0.23×

Cash Flow & Capital Efficiency

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

Metric
MAC
MAC
ORGO
ORGO
Operating Cash FlowLast quarter
$50.2M
$39.4M
Free Cash FlowOCF − Capex
$34.8M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters
$-24.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAC
MAC
ORGO
ORGO
Q4 25
$50.2M
$39.4M
Q3 25
$112.4M
$3.1M
Q2 25
$70.5M
$-32.9M
Q1 25
$88.5M
$-19.9M
Q4 24
$54.9M
$10.9M
Q3 24
$100.0M
$8.7M
Q2 24
$67.4M
$4.7M
Q1 24
$61.1M
$-10.2M
Free Cash Flow
MAC
MAC
ORGO
ORGO
Q4 25
$34.8M
Q3 25
$844.0K
Q2 25
$-36.5M
Q1 25
$-23.6M
Q4 24
$7.6M
Q3 24
$6.1M
Q2 24
$2.9M
Q1 24
$-12.4M
FCF Margin
MAC
MAC
ORGO
ORGO
Q4 25
15.4%
Q3 25
0.6%
Q2 25
-36.1%
Q1 25
-27.2%
Q4 24
6.0%
Q3 24
5.3%
Q2 24
2.2%
Q1 24
-11.3%
Capex Intensity
MAC
MAC
ORGO
ORGO
Q4 25
2.1%
Q3 25
1.5%
Q2 25
3.6%
Q1 25
4.2%
Q4 24
2.7%
Q3 24
2.2%
Q2 24
1.4%
Q1 24
2.0%
Cash Conversion
MAC
MAC
ORGO
ORGO
Q4 25
0.90×
Q3 25
0.14×
Q2 25
Q1 25
Q4 24
1.43×
Q3 24
0.71×
Q2 24
0.27×
Q1 24

Financial Flow Comparison

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

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