The Macerich Company (MAC)

NYSE: MAC · Real-Time Price · USD

25.61

+0.32 (1.27%)

At close: Nov 10, 2026, 4:00 PM EST

25.22

-0.39 (-1.52%)

After-hours: Nov 10, 2026, 5:00 PM EST

The Macerich Company Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,031	1,041	899.3	856.41	865.51	867.96
Revenue Growth	-6.23%	15.76%	5.01%	-1.05%	-0.28%	14.36%
Net Income	-99.75	-197.92	-195.03	-274.94	-66.92	13.41
Earnings Per Share	-0.37	-0.78	-0.88	-1.28	-0.31	0.07
EPS Growth	-	-	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	560.77	280.25	89.86	94.94	100.32	112.45
Total Debt	5,229	5,136	5,065	4,415	4,644	4,728
Net Cash (Debt)	-4,669	-4,856	-4,975	-4,320	-4,544	-4,616
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-17.41	-19.10	-22.42	-20.04	-21.13	-23.30

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	303.86	321.6	283.45	295.5	337.51	286.37
Free Cash Flow	303.86	321.6	283.45	295.5	337.51	286.37
Free Cash Flow Growth	-6.87%	13.46%	-4.08%	-12.45%	17.86%	129.39%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	17.16%	18.71%	16.25%	17.51%	18.07%	16.81%
Pretax Margin	-9.77%	-19.52%	-22.12%	-32.53%	-7.44%	2.66%
Profit Margin	-9.67%	-19.01%	-21.69%	-32.10%	-7.73%	1.54%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.680	0.680	0.680	0.680	0.620	0.600
Dividend Per Share Growth	0%	0%	0%	9.68%	3.33%	-61.29%
Dividend Yield	2.65%	3.70%	3.52%	4.42%	5.51%	3.50%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	-	-	274.52
PS Ratio	7.30	4.54	5.44	3.88	2.80	4.24