The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
24.48
-0.05 (-0.20%)
Aug 12, 2026, 12:54 PM EDT - Market open

The Macerich Company Statistics

Total Valuation

MAC has a market cap or net worth of $7.22 billion. The enterprise value is $11.90 billion.

Market Cap7.22B
Enterprise Value 11.90B

Important Dates

The last earnings date was Tuesday, August 4, 2026, after market close.

Earnings Date Aug 4, 2026
Ex-Dividend Date Sep 14, 2026

Share Statistics

MAC has 294.86 million shares outstanding. The number of shares has increased by 8.47% in one year.

Current Share Class 283.56M
Shares Outstanding 294.86M
Shares Change (YoY) +8.47%
Shares Change (QoQ) +6.08%
Owned by Insiders (%) 0.24%
Owned by Institutions (%) 104.11%
Float 279.24M

Valuation Ratios

Price/FFO Ratio 16.76
Price/AFFO Ratio n/a
PE Ratio n/a
Forward PE n/a
PS Ratio 7.06
Forward PS 7.30
PB Ratio 2.46
P/TBV Ratio 2.71
P/FCF Ratio 86.43
P/OCF Ratio 23.64
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.92, with an EV/FCF ratio of 142.24.

EV / Earnings n/a
EV / Sales 11.62
EV / EBITDA 22.92
EV / EBIT 72.78
EV / FCF 142.24

Financial Position

The company has a current ratio of 0.33, with a Debt / Equity ratio of 1.69.

Current Ratio 0.33
Quick Ratio 0.27
Debt / Equity 1.69
Debt / EBITDA 9.43
Debt / FCF 58.52
Interest Coverage 0.59

Financial Efficiency

Return on equity (ROE) is -6.18% and return on invested capital (ROIC) is 2.42%.

Return on Equity (ROE) -6.18%
Return on Assets (ROA) 1.34%
Return on Invested Capital (ROIC) 2.42%
Return on Capital Employed (ROCE) 2.28%
Weighted Average Cost of Capital (WACC) 11.12%
Revenue Per Employee $1.72M
Profits Per Employee -$284,873
Employee Count598
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

Income Tax -3.33M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +47.00% in the last 52 weeks. The beta is 2.07, so MAC's price volatility has been higher than the market average.

Beta (5Y) 2.07
52-Week Price Change +47.00%
50-Day Moving Average 24.88
200-Day Moving Average 20.70
Relative Strength Index (RSI) 44.72
Average Volume (20 Days) 3,722,471

Short Selling Information

The latest short interest is 22.53 million, so 7.64% of the outstanding shares have been sold short.

Short Interest 22.53M
Short Previous Month 13.02M
Short % of Shares Out 7.64%
Short % of Float 8.07%
Short Ratio (days to cover) 5.14

Income Statement

In the last 12 months, MAC had revenue of $1.03 billion and -$170.35 million in losses. Loss per share was -$0.65.

Revenue1.03B
Gross Profit 564.20M
Operating Income 185.24M
Pretax Income -175.44M
Net Income -170.35M
EBITDA 520.97M
EBIT 164.04M
Loss Per Share -$0.65
Full Income Statement

Balance Sheet

The company has $227.03 million in cash and $4.91 billion in debt, with a net cash position of -$4.68 billion or -$15.89 per share.

Cash & Cash Equivalents 227.03M
Total Debt 4.91B
Net Cash -4.68B
Net Cash Per Share -$15.89
Equity (Book Value) 2.91B
Book Value Per Share 9.95
Working Capital -901.54M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $306.84 million and capital expenditures -$222.92 million, giving a free cash flow of $83.93 million.

Operating Cash Flow 306.84M
Capital Expenditures -222.92M
Depreciation & Amortization 345.31M
Net Borrowing n/a
Free Cash Flow 83.93M
FCF Per Share $0.28
Full Cash Flow Statement

Margins

Gross margin is 54.91%, with operating and profit margins of 18.03% and -16.50%.

Gross Margin 54.91%
Operating Margin 18.03%
Pretax Margin -17.08%
Profit Margin -16.50%
EBITDA Margin 51.77%
EBIT Margin 16.30%
FCF Margin 8.17%

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 2.77%.

Dividend Per Share $0.68
Dividend Yield 2.77%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -8.47%
Shareholder Yield -5.71%
Earnings Yield -2.35%
FCF Yield 1.16%
Dividend Details

Analyst Forecast

The average price target for MAC is $26.63, which is 8.78% higher than the current price. The consensus rating is "Buy".

Price Target $26.63
Price Target Difference 8.78%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (3Y) 0.92%
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4