vs

Side-by-side financial comparison of MACERICH CO (MAC) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

MACERICH CO is the larger business by last-quarter revenue ($261.7M vs $191.2M, roughly 1.4× POWER SOLUTIONS INTERNATIONAL, INC.). POWER SOLUTIONS INTERNATIONAL, INC. runs the higher net margin — 8.4% vs -7.2%, a 15.6% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs -4.4%). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% 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.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

MAC vs PSIX — Head-to-Head

Bigger by revenue
MAC
MAC
1.4× larger
MAC
$261.7M
$191.2M
PSIX
Growing faster (revenue YoY)
PSIX
PSIX
+36.9% gap
PSIX
32.5%
-4.4%
MAC
Higher net margin
PSIX
PSIX
15.6% more per $
PSIX
8.4%
-7.2%
MAC
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
12.0%
MAC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAC
MAC
PSIX
PSIX
Revenue
$261.7M
$191.2M
Net Profit
$-18.8M
$16.1M
Gross Margin
21.9%
Operating Margin
12.7%
Net Margin
-7.2%
8.4%
Revenue YoY
-4.4%
32.5%
Net Profit YoY
91.1%
-31.0%
EPS (diluted)
$-0.08
$0.69

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
PSIX
PSIX
Q4 25
$261.7M
$191.2M
Q3 25
$253.3M
$203.8M
Q2 25
$249.8M
$191.9M
Q1 25
$249.2M
$135.4M
Q4 24
$273.7M
$144.3M
Q3 24
$220.2M
$125.8M
Q2 24
$215.5M
$110.6M
Q1 24
$208.8M
$95.2M
Net Profit
MAC
MAC
PSIX
PSIX
Q4 25
$-18.8M
$16.1M
Q3 25
$-87.4M
$27.6M
Q2 25
$-40.9M
$51.2M
Q1 25
$-50.1M
$19.1M
Q4 24
$-211.2M
$23.3M
Q3 24
$-108.2M
$17.3M
Q2 24
$252.0M
$21.5M
Q1 24
$-126.7M
$7.1M
Gross Margin
MAC
MAC
PSIX
PSIX
Q4 25
21.9%
Q3 25
23.9%
Q2 25
28.2%
Q1 25
29.7%
Q4 24
29.9%
Q3 24
28.9%
Q2 24
31.8%
Q1 24
27.0%
Operating Margin
MAC
MAC
PSIX
PSIX
Q4 25
12.7%
Q3 25
13.9%
Q2 25
16.9%
Q1 25
18.2%
Q4 24
17.5%
Q3 24
16.3%
Q2 24
22.9%
Q1 24
11.2%
Net Margin
MAC
MAC
PSIX
PSIX
Q4 25
-7.2%
8.4%
Q3 25
-34.5%
13.5%
Q2 25
-16.4%
26.7%
Q1 25
-20.1%
14.1%
Q4 24
-77.2%
16.1%
Q3 24
-49.1%
13.8%
Q2 24
116.9%
19.5%
Q1 24
-60.7%
7.5%
EPS (diluted)
MAC
MAC
PSIX
PSIX
Q4 25
$-0.08
$0.69
Q3 25
$-0.34
$1.20
Q2 25
$-0.16
$2.22
Q1 25
$-0.20
$0.83
Q4 24
$-0.95
$1.01
Q3 24
$-0.50
$0.75
Q2 24
$1.16
$0.94
Q1 24
$-0.59
$0.31

Balance Sheet & Financial Strength

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

Metric
MAC
MAC
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$280.2M
$41.3M
Total DebtLower is stronger
$5.1B
$96.6M
Stockholders' EquityBook value
$2.4B
$178.6M
Total Assets
$8.4B
$424.7M
Debt / EquityLower = less leverage
2.07×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAC
MAC
PSIX
PSIX
Q4 25
$280.2M
$41.3M
Q3 25
$290.2M
$49.0M
Q2 25
$131.1M
$49.5M
Q1 25
$253.2M
$50.0M
Q4 24
$89.9M
$55.3M
Q3 24
$116.5M
$40.5M
Q2 24
$70.7M
$28.8M
Q1 24
$120.1M
$33.1M
Total Debt
MAC
MAC
PSIX
PSIX
Q4 25
$5.1B
$96.6M
Q3 25
$5.1B
$96.7M
Q2 25
$5.2B
$1.8M
Q1 25
$5.2B
$1.0M
Q4 24
$4.9B
$184.0K
Q3 24
$4.3B
$238.0K
Q2 24
$4.4B
$292.0K
Q1 24
$4.1B
$345.0K
Stockholders' Equity
MAC
MAC
PSIX
PSIX
Q4 25
$2.4B
$178.6M
Q3 25
$2.5B
$162.5M
Q2 25
$2.6B
$135.7M
Q1 25
$2.7B
$84.3M
Q4 24
$2.8B
$65.3M
Q3 24
$2.5B
$42.1M
Q2 24
$2.5B
$24.8M
Q1 24
$2.3B
$3.2M
Total Assets
MAC
MAC
PSIX
PSIX
Q4 25
$8.4B
$424.7M
Q3 25
$8.4B
$458.9M
Q2 25
$8.7B
$437.7M
Q1 25
$8.7B
$372.7M
Q4 24
$8.6B
$328.2M
Q3 24
$7.6B
$339.1M
Q2 24
$7.8B
$307.6M
Q1 24
$7.4B
$286.8M
Debt / Equity
MAC
MAC
PSIX
PSIX
Q4 25
2.07×
0.54×
Q3 25
2.02×
0.60×
Q2 25
2.02×
0.01×
Q1 25
1.96×
0.01×
Q4 24
1.78×
0.00×
Q3 24
1.73×
0.01×
Q2 24
1.75×
0.01×
Q1 24
1.79×
0.11×

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
PSIX
PSIX
Operating Cash FlowLast quarter
$50.2M
$-4.6M
Free Cash FlowOCF − Capex
$-7.6M
FCF MarginFCF / Revenue
-4.0%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAC
MAC
PSIX
PSIX
Q4 25
$50.2M
$-4.6M
Q3 25
$112.4M
$3.3M
Q2 25
$70.5M
$16.7M
Q1 25
$88.5M
$8.8M
Q4 24
$54.9M
$32.7M
Q3 24
$100.0M
$12.6M
Q2 24
$67.4M
$1.5M
Q1 24
$61.1M
$15.6M
Free Cash Flow
MAC
MAC
PSIX
PSIX
Q4 25
$-7.6M
Q3 25
$1.7M
Q2 25
$14.6M
Q1 25
$5.4M
Q4 24
$30.0M
Q3 24
$12.1M
Q2 24
$822.0K
Q1 24
$14.8M
FCF Margin
MAC
MAC
PSIX
PSIX
Q4 25
-4.0%
Q3 25
0.8%
Q2 25
7.6%
Q1 25
4.0%
Q4 24
20.8%
Q3 24
9.7%
Q2 24
0.7%
Q1 24
15.6%
Capex Intensity
MAC
MAC
PSIX
PSIX
Q4 25
1.6%
Q3 25
0.8%
Q2 25
1.1%
Q1 25
2.5%
Q4 24
1.8%
Q3 24
0.3%
Q2 24
0.6%
Q1 24
0.9%
Cash Conversion
MAC
MAC
PSIX
PSIX
Q4 25
-0.29×
Q3 25
0.12×
Q2 25
0.33×
Q1 25
0.46×
Q4 24
1.40×
Q3 24
0.73×
Q2 24
0.27×
0.07×
Q1 24
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAC
MAC

Segment breakdown not available.

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

Related Comparisons