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 Statistics

Total Valuation

MAC has a market cap or net worth of $7.55 billion. The enterprise value is $12.22 billion.

Market Cap7.55B
Enterprise Value 12.22B

Important Dates

The last earnings date was Wednesday, November 4, 2026, after market close.

Earnings Date Nov 4, 2026
Ex-Dividend Date Dec 14, 2026

Share Statistics

MAC has 294.86 million shares outstanding. The number of shares has increased by 7.60% in one year.

Current Share Class 283.56M
Shares Outstanding 294.86M
Shares Change (YoY) +7.60%
Shares Change (QoQ) +3.79%
Owned by Insiders (%) 0.22%
Owned by Institutions (%) 112.95%
Float 282.83M

Valuation Ratios

Price/FFO Ratio 17.97
Price/AFFO Ratio n/a
PE Ratio n/a
Forward PE 138.13
PS Ratio 7.30
Forward PS 7.29
PB Ratio 2.64
P/TBV Ratio 2.91
P/FCF Ratio 180.92
P/OCF Ratio 24.78
PEG Ratio 17.05
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.11, with an EV/FCF ratio of 293.07.

EV / Earnings n/a
EV / Sales 11.83
EV / EBITDA 23.11
EV / EBIT 68.93
EV / FCF 293.07

Financial Position

The company has a current ratio of 0.35, with a Debt / Equity ratio of 1.87.

Current Ratio 0.35
Quick Ratio 0.33
Debt / Equity 1.87
Debt / EBITDA 9.64
Debt / FCF 125.63
Interest Coverage 0.66

Financial Efficiency

Return on equity (ROE) is -3.65% and return on invested capital (ROIC) is 2.23%.

Return on Equity (ROE) -3.65%
Return on Assets (ROA) 1.29%
Return on Invested Capital (ROIC) 2.23%
Return on Capital Employed (ROCE) 2.67%
Weighted Average Cost of Capital (WACC) 11.06%
Revenue Per Employee $1.72M
Profits Per Employee -$166,806
Employee Count598
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

Income Tax -2.54M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +42.12% in the last 52 weeks. The beta is 2.12, so MAC's price volatility has been higher than the market average.

Beta (5Y) 2.12
52-Week Price Change +42.12%
50-Day Moving Average 23.29
200-Day Moving Average 22.47
Relative Strength Index (RSI) 65.58
Average Volume (20 Days) 3,223,027

Short Selling Information

The latest short interest is 33.58 million, so 11.39% of the outstanding shares have been sold short.

Short Interest 33.58M
Short Previous Month 32.53M
Short % of Shares Out 11.39%
Short % of Float 11.87%
Short Ratio (days to cover) 9.85

Income Statement

In the last 12 months, MAC had revenue of $1.03 billion and -$99.75 million in losses. Loss per share was -$0.37.

Revenue1.03B
Gross Profit 554.66M
Operating Income 176.97M
Pretax Income -100.79M
Net Income -99.75M
EBITDA 527.89M
EBIT 176.97M
Loss Per Share -$0.37
Full Income Statement

Balance Sheet

The company has $560.77 million in cash and $5.23 billion in debt, with a net cash position of -$4.67 billion or -$15.83 per share.

Cash & Cash Equivalents 560.77M
Total Debt 5.23B
Net Cash -4.67B
Net Cash Per Share -$15.83
Equity (Book Value) 2.80B
Book Value Per Share 9.59
Working Capital -1.38B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $303.86 million and capital expenditures -$262.23 million, giving a free cash flow of $41.63 million.

Operating Cash Flow 303.86M
Capital Expenditures -262.23M
Depreciation & Amortization 342.42M
Net Borrowing n/a
Free Cash Flow 41.63M
FCF Per Share $0.14
Full Cash Flow Statement

Margins

Gross margin is 53.77%, with operating and profit margins of 17.16% and -9.59%.

Gross Margin 53.77%
Operating Margin 17.16%
Pretax Margin -9.77%
Profit Margin -9.59%
EBITDA Margin 51.18%
EBIT Margin 17.16%
FCF Margin 4.04%

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 2.66%.

Dividend Per Share $0.68
Dividend Yield 2.66%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
FCF Payout Ratio 481.69%
Buyback Yield -7.60%
Shareholder Yield -4.94%
Earnings Yield -1.45%
FCF Yield 0.55%
Dividend Details

Analyst Forecast

The average price target for MAC is $26.73, which is 4.37% higher than the current price. The consensus rating is "Buy".

Price Target $26.73
Price Target Difference 4.37%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (3Y) 2.44%
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
Graham Formula Value n/a
Graham Formula 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 3