MAC - NYSE
The Macerich Company
$22.83
+2.3%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).
At a Glance
Live SnapshotThe Macerich Company Profit Bridge
Profitability Analysis
Gross Margin
Strong gross margins indicate healthy pricing and efficient production or service delivery.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.
The Macerich Company Income Statement
MAC • NYSE
| The Macerich Company Income Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
1B | 918.2M | 884.1M | 859.2M | 847.4M | 786M | 927.5M | 960.4M | 993.7M | 1B | 1.3B | 1.1B | 1B | 881.3M | 791.3M | 758.6M | 805.7M | 880.9M | 896.4M | 829.7M | |
GROSS PROFIT | ||||||||||||||||||||
(627.8M) | (430.3M) | (394.9M) | (390.4M) | (380.9M) | (348M) | (368M) | (381M) | (395.3M) | (405.9M) | (472.2M) | (441.9M) | (423.3M) | (366.1M) | (342.4M) | (336.3M) | (337.5M) | (358.7M) | (330.5M) | (13.9M) | |
387.5M | 487.9M | 489.2M | 468.8M | 466.6M | 438M | 559.5M | 579.3M | 598.4M | 635.3M | 816M | 663.3M | 606.2M | 515.2M | 448.8M | 422.3M | 468.2M | 522.2M | 565.9M | 815.8M | |
OPERATING INCOME | ||||||||||||||||||||
(219.7M) | (322.9M) | (311.6M) | (318.8M) | (341.2M) | (350M) | (353.4M) | (371M) | (363.7M) | (376.7M) | (494.3M) | (663.3M) | (410.3M) | (460M) | (286.4M) | (267.5M) | (283.2M) | (522.2M) | (483.8M) | (556.6M) | |
(31.5M) | (28.1M) | (29.2M) | (27.2M) | (30.1M) | (30.3M) | (22.6M) | (24.2M) | (28.2M) | (28.2M) | (29.9M) | (29.4M) | (27.8M) | (20.4M) | (21.1M) | (20.7M) | (25.9M) | (16.5M) | (16.6M) | (13.5M) | |
167.8M | 165M | 177.6M | 150M | 125.4M | 88.1M | 206.1M | 308.6M | 234.7M | 258.6M | 321.7M | 255.2M | 221.3M | 192.2M | 162.4M | 154.8M | 180.2M | 235.7M | 254.7M | 273.1M | |
PRE-TAX INCOME | ||||||||||||||||||||
(216.3M) | (220M) | (172.9M) | (216.9M) | (192.7M) | (75.6M) | (138.3M) | (183M) | (171.8M) | (163.7M) | (211.9M) | (190.7M) | (197.2M) | (164.4M) | (167.2M) | (198M) | (267M) | (295.1M) | (250.1M) | (0.0) | |
-216.3M | -220M | -172.9M | -216.9M | -192.7M | -75.6M | -138.3M | -183M | -171.8M | -163.7M | -211.9M | -190.7M | -197.2M | -164.4M | -167.2M | -198M | -267M | -295.1M | -250.1M | 0.0 | |
(188.2M) | (294.8M) | (282.4M) | (291.6M) | (311.1M) | (319.6M) | (330.7M) | (346.8M) | (335.4M) | (348.5M) | (464.5M) | (633.9M) | (578.4M) | (439.6M) | (265.3M) | (246.8M) | (262.1M) | (277.8M) | (467.2M) | (543.1M) | |
-344.7M | -364M | -456.2M | -214.4M | -102.3M | -334M | -102M | -243.2M | -57.4M | 296.9M | 198M | 1.3B | -64M | 106.8M | 70.9M | -125.2M | -527K | -148M | -157.7M | -188.6M | |
-176.9M | -199M | -278.6M | -64.4M | 23.1M | -245.9M | 104.1M | 65.4M | 177.3M | 555.6M | 519.7M | 1.6B | 157.3M | 299M | 233.3M | 29.6M | 179.7M | 87.7M | 97M | 84.4M | |
NET INCOME | ||||||||||||||||||||
-2.2M | -1.3M | -494K | (705K) | (6.9M) | -447K | (1.6M) | -3.6M | (15.6M) | (722K) | -3.2M | -4.3M | -1.7M | -4.2M | -6.1M | -9.2M | (4.8M) | (1.1M) | -470K | -33K | |
-197.1M | -194.1M | -274.1M | -66.1M | 14.3M | -230.2M | 96.8M | 60M | 145.4M | 517M | 486.1M | 1.5B | 420.1M | 337.4M | 156.9M | 25.2M | 120.7M | 166M | 85.8M | 252.4M |
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 | |
8-K 8-K 2026 N/A | June 01, 2026 | June 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 22, 2026 | June 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 24, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 20, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 18, 2026 | 2026 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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