MAC - NYSE

The Macerich Company

MAC·NYSE

$22.83

+2.3%

Real EstateREIT - Retail

Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 - 2019).

Statements Value Model

At a Glance

Live Snapshot

Market Cap$6.47B

EPS-0.7700

P/E Ratio-29.65

Earnings Date08/10/2026

8.37B

Assets

-2%

3Y+3.0%

5Y-9.0%

10Y-16.0%

5.84B

Total Liabilities

3Y+14.0%

5Y-13.0%

10Y+6.0%

2.53B

Total Equity

-11%

3Y-14.0%

5Y+3.0%

10Y-43.0%

The Macerich Company Funding & Solvency Profile

MAC · NYSE

Current Assets

Cash & Cash Equivalents43.01M

Net Receivables59.63M

Inventory0.00

Other Current Assets0.00

Total Current Assets103 M

Non-Current Assets

Property, Plant & Equipment65.50M

Goodwill & Intangible Assets30.13M

Long-Term Investments7.40B

Other Non-Current Assets775.21M

Total Non-Current Assets8 B

Total Assets

8.37B

Financial Health Analysis

Current Ratio

0.09x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

2.31x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-1055077000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

The Macerich Company Balance Sheet

MAC • NYSE

The Macerich Company Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	43M	89.9M	94.9M	100.3M	112.5M	465.3M	100M	102.7M	91M	94M	86.5M	84.9M	69.7M	65.8M	67.2M	445.6M	93.3M	66.5M	85.3M	269.4M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	23.7M	24.8M	25.9M	27M	27.9M	29M	30M
Cash & Short-Term Investments	43M	89.9M	94.9M	100.3M	112.5M	465.3M	100M	102.7M	91M	94M	86.5M	84.9M	69.7M	89.5M	92.1M	471.6M	120.2M	94.5M	114.3M	299.5M
Net Receivables	59.6M	157.2M	188.2M	186.9M	211.4M	240.8M	150.2M	208.7M	194.8M	205.2M	213.9M	132M	99.5M	120.8M	109.1M	95.1M	101.2M	127.5M	143.2M	122.1M
Accounts Receivables	59.6M	155.4M	183.5M	183.6M	211.4M	239.2M	144M	123.5M	112.7M	137M	130M	132M	99.5M	103.7M	109.1M	0.0	0.0	0.0	0.0	0.0
Other Receivables	0.0	1.8M	4.8M	3.3M	0.0	1.6M	6.2M	85.2M	82.2M	68.2M	83.9M	0.0	0.0	0.0	0.0	95.1M	101.2M	127.5M	143.2M	122.1M
Other Current Assets	0.0	87.6M	95.4M	80.8M	54.5M	17.4M	14.2M	46.6M	52.1M	50M	41.4M	93.8M	49.7M	78.7M	68.6M	71.4M	41.6M	61.7M	455.2M	0.0
Total Current Assets	102.6M	334.7M	378.5M	368M	378.3M	723.5M	264.4M	358M	337.9M	349.2M	341.8M	310.7M	218.9M	292.3M	269.8M	638.1M	263.1M	283.7M	712.7M	269.4M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	65.5M	111M	118.7M	126.6M	110.6M	118.4M	148.1M	0.0	0.0	146.3M	183M	0.0	0.0	0.0	6.1B	5.7B	5.7B	6.4B	6.2B	5.8B
Goodwill	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-146.3M	-183M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	30.1M	211.5M	102.3M	73M	151.8M	175.5M	158.6M	259.4M	298.4M	354.7M	469.8M	622.1M	375M	340.2M	250.9M	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	30.1M	211.5M	102.3M	73M	151.8M	175.5M	158.6M	259.4M	298.4M	208.4M	286.8M	622.1M	375M	340.2M	250.9M	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	7.4B	654.7M	852.8M	1.2B	1.3B	1.3B	1.5B	1.5B	1.7B	1.8B	1.5B	984.1M	701.5M	974.3M	1.1B	1B	1B	1.1B	835.7M	1B
Tax Assets	0.0	25.3M	24M	23.1M	23.4M	30.8M	30.8M	32.2M	29M	38.3M	38.8M	0.0	31.4M	33.4M	26.8M	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	775.2M	7.2B	6B	6.3B	6.4B	6.8B	6.7B	6.9B	7.2B	7.6B	9B	11.2B	7.7B	7.7B	206.1M	326.7M	279.2M	932K	134M	-6.8B
Total Non-Current Assets	8.3B	8.2B	7.1B	7.7B	8B	8.5B	8.6B	8.7B	9.3B	9.6B	10.9B	12.8B	8.9B	9B	7.7B	7B	7B	7.5B	7.2B	6.8B
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	7.4M	0.0	6M	339.7M	251.3M	527.1M
Total Assets	8.4B	8.6B	7.5B	8.1B	8.3B	9.2B	8.9B	9B	9.6B	10B	11.2B	13.1B	9.1B	9.3B	7.9B	7.6B	7.3B	8.1B	8.1B	7.6B
LIABILITIES
CURRENT LIABILITIES
Total Payables	125.2M	280.2M	239M	184.2M	187.2M	177.2M	158.9M	174.4M	141.9M	139.9M	436.6M	145.4M	329.1M	223.2M	143.6M	70.8M	70.5M	114.7M	103.4M	92.3M
Accounts Payable	125.2M	87.5M	64.2M	63.1M	59.2M	68.8M	51M	59.4M	57.7M	60.6M	73.6M	115.4M	75.7M	69M	72.9M	70.6M	70.3M	114.5M	97.1M	86.1M
Other Payables	0.0	192.7M	174.8M	121.1M	127.9M	108.4M	107.9M	115M	84.2M	79.4M	362.9M	30M	253.4M	154.2M	70.7M	207K	207K	243K	6.4M	6.2M
Accrued Expenses	323M	379.9M	334.7M	318.7M	254.3M	298.6M	265.6M	303.1M	325.7M	366.2M	403.3M	568.7M	363.2M	318.2M	299.1M	257.5M	266.2M	289.1M	289.7M	212.2M
Short Term Debt	1.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	-448.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	76.6M	0.0	0.0	0.0	0.0	0.0	225.3M	0.0	0.0	0.0	-304.6M
Total Current Liabilities	1.2B	660.1M	573.7M	502.9M	441.4M	475.8M	424.5M	477.4M	467.6M	582.7M	839.8M	714.1M	692.3M	541.4M	442.7M	553.6M	336.7M	403.9M	393.1M	304.6M
NON-CURRENT LIABILITIES
Long Term Debt	4B	5B	4.2B	4.4B	4.5B	6B	5.2B	5B	5.2B	4.8B	5.3B	6.3B	4.6B	5.3B	4.2B	934.9M	4.5B	3.7B	5.8B	5B
Other Non-Current Liabilities	638.7M	0.0	102.5M	143.2M	119M	134.4M	273.9M	326.5M	65.1M	135.6M	188.9M	357M	189.8M	0.0	125.2M	3B	0.0	2.4B	83.5M	-5B
Total Non-Current Liabilities	4.7B	5.1B	4.4B	4.6B	4.7B	6.3B	5.6B	5.4B	5.2B	5B	5.4B	6.6B	4.8B	5.3B	4.3B	3.9B	4.5B	6B	5.8B	5B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-65.1M	-76.6M	-125.2M	-281.5M	-108.3M	92.2M	0.0	0.0	235.1M	0.0	230.2M	334.2M
Capital Lease Obligations	67M	71.7M	84M	94.9M	80.7M	90.2M	114.2M	52M	65.1M	86.3M	125.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	5.8B	5.7B	5B	5.1B	5.2B	6.7B	6B	5.8B	5.6B	5.5B	6.2B	7.1B	5.4B	5.9B	4.8B	4.4B	5.1B	6.4B	6.5B	5.6B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	178.6M	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	83.5M	0.0
Common Stock	2.6M	2.5M	2.2M	2.2M	2.1M	1.5M	1.4M	1.4M	1.4M	1.4M	1.5M	1.6M	1.4M	1.4M	1.3M	1.3M	967K	769K	723K	716K
Additional Paid-In Capital	6.2B	6.2B	5.5B	5.5B	5.5B	4.6B	4.6B	4.6B	4.5B	4.6B	4.9B	5B	3.9B	3.7B	3.5B	3.5B	2.2B	1.7B	1.4B	1.7B
Retained Earnings	-3.8B	-3.4B	-3.1B	-2.6B	-2.4B	-2.3B	-1.9B	-1.6B	-830.3M	-488.8M	-212.8M	596.7M	-548.8M	-639.7M	-678.6M	-564.4M	-345.9M	-274.8M	-317.8M	-178.2M
Accumulated Other Comprehensive Income/Loss	-9K	-34K	-952K	632K	-24K	-8.2M	-9.1M	-4.5M	-42K	0.0	0.0	0.0	0.0	0.0	0.0	-3.2M	-25.4M	-106.9M	-24.5M	2.3M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	53.4M	-138.3M	0.0
Total Stockholders' Equity	2.4B	2.8B	2.4B	2.9B	3B	2.3B	2.6B	3B	3.7B	4.1B	4.7B	5.6B	3.4B	3.1B	2.8B	2.9B	1.9B	1.4B	1.1B	1.5B
Total Equity	2.5B	2.8B	2.5B	2.9B	3.2B	2.4B	2.8B	3.2B	4B	4.4B	5.1B	6B	3.7B	3.4B	3.2B	3.2B	2.1B	1.7B	1.5B	1.9B
Minority Interest	78.2M	85.9M	80.6M	83.6M	129.3M	188.2M	198.7M	238.2M	286.4M	321.3M	355.8M	399.7M	360M	338.7M	351.3M	309.1M	270.9M	271.4M	338.7M	387.2M
SUMMARY
Total Liabilities & Equity	8.4B	8.6B	7.5B	8.1B	8.3B	9.2B	8.9B	9B	9.6B	10B	11.2B	13.1B	9.1B	9.3B	7.9B	7.6B	7.3B	8.1B	7.9B	7.6B
Total Investments	7.4B	654.7M	852.8M	1.2B	1.3B	1.3B	1.5B	1.5B	1.7B	1.8B	1.5B	984.1M	701.5M	997.9M	1.1B	1B	1.1B	1.1B	864.7M	1B
Total Debt	5.2B	5.1B	4.3B	4.5B	4.6B	6.1B	5.3B	5B	5.2B	5B	5.3B	6.3B	4.6B	5.3B	4.2B	934.9M	1.5B	5.9B	5.8B	5B
Net Debt	5.2B	5B	4.2B	4.4B	4.5B	5.7B	5.2B	4.9B	5.1B	4.9B	5.2B	6.2B	4.5B	5.2B	4.1B	489.3M	1.4B	5.9B	5.7B	4.7B
Shares Outstanding	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084	256,118,084

SEC Filings

MAC - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 03, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	June 01, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 13, 2026	May 13, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 22, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	March 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 24, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 20, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 18, 2026	February 18, 2026	2026	View Filing

Showing 1 to 10 of 468 filings

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