The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
23.24
+0.18 (0.78%)
Sep 4, 2026, 4:00 PM EDT - Market closed

The Macerich Company Statistics

Total Valuation

MAC has a market cap or net worth of $6.86 billion. The enterprise value is $11.55 billion.

Market Cap6.86B
Enterprise Value 11.55B

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

Current Share Class 284.08M
Shares Outstanding 295.37M
Shares Change (YoY) +8.47%
Shares Change (QoQ) +6.08%
Owned by Insiders (%) 0.22%
Owned by Institutions (%) 111.68%
Float 283.34M

Valuation Ratios

Price/FFO Ratio 15.83
Price/AFFO Ratio n/a
PE Ratio n/a
Forward PE n/a
PS Ratio 6.68
Forward PS 6.84
PB Ratio 2.34
P/TBV Ratio 2.57
P/FCF Ratio 81.79
P/OCF Ratio 22.37
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.52, with an EV/FCF ratio of 137.61.

EV / Earnings n/a
EV / Sales 11.24
EV / EBITDA 21.52
EV / EBIT 62.35
EV / FCF 137.61

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 8.91
Debt / FCF 58.52
Interest Coverage 0.67

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) 2.58%
Weighted Average Cost of Capital (WACC) 10.92%
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 +25.83% in the last 52 weeks. The beta is 2.05, so MAC's price volatility has been higher than the market average.

Beta (5Y) 2.05
52-Week Price Change +25.83%
50-Day Moving Average 24.90
200-Day Moving Average 21.26
Relative Strength Index (RSI) 33.85
Average Volume (20 Days) 2,591,972

Short Selling Information

The latest short interest is 27.71 million, so 9.38% of the outstanding shares have been sold short.

Short Interest 27.71M
Short Previous Month 22.53M
Short % of Shares Out 9.38%
Short % of Float 9.78%
Short Ratio (days to cover) 7.49

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 536.67M
EBIT 185.24M
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 -$15.86 per share.

Cash & Cash Equivalents 227.03M
Total Debt 4.91B
Net Cash -4.68B
Net Cash Per Share -$15.86
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 52.23%
EBIT Margin 18.03%
FCF Margin 8.17%

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 2.93%.

Dividend Per Share $0.68
Dividend Yield 2.93%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -8.47%
Shareholder Yield -5.54%
Earnings Yield -2.48%
FCF Yield 1.22%
Dividend Details

Analyst Forecast

The average price target for MAC is $27.06, which is 16.44% higher than the current price. The consensus rating is "Buy".

Price Target $27.06
Price Target Difference 16.44%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (3Y) 1.50%
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