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The Macerich Company

$22.47 +$3.95 (+21.33%)

NYSE · 14 Sep 2026 20:00 UTC

Previous Close

$22.61

Day Range

$22.41$23.11

Year Range

$16.03$26.68

Market Cap

6.69B

AVG Volume

3.6M

Trailing/Forward PE

-34.57/176.12

PEG ratio

0.19

Dividend Yield

3.03%

Next Earnings Date

2026-11-03

Primary Exchange

New York Stock Exchange

Revenue (USD)

MAC Revenue (USD) by year
Period	Revenue (USD)
2025	1.02B
2024	918.2M
2023	884.07M
2022	859.16M
2021	847.44M
2020	786.03M
2019	927.46M
2018	960.35M
2017	993.66M
2016	1.04B

Net Income (USD)

MAC Net Income (USD) by year
Period	Net Income (USD)
2025	-197.15M
2024	-194.12M
2023	-274.06M
2022	-66.07M
2021	14.26M
2020	-230.2M
2019	96.82M
2018	60.02M
2017	146.13M
2016	516.8M

Operating Income (USD)

MAC Operating Income (USD) by year
Period	Operating Income (USD)
2025	167.76M
2024	165.01M
2023	177.58M
2022	150.03M
2021	125.37M
2020	88.09M
2019	220.73M
2018	208.38M
2017	234.68M
2016	270.02M

EBITDA (USD)

MAC EBITDA (USD) by year
Period	EBITDA (USD)
2025	404.93M
2024	266.33M
2023	-120.74M
2022	445.3M
2021	540.19M
2020	155.7M
2019	587.52M
2018	602.94M
2017	580.14M
2016	1B

Cash Flows (USD)

MAC Cash Flows (USD) by year
Period	Cash Flows (USD)
2025	347.62M
2024	280.51M
2023	286.17M
2022	337.51M
2021	286.37M
2020	124.84M
2019	317.94M
2018	294.4M
2017	346.4M
2016	429.53M

EPS (USD)

MAC EPS (USD) by year
Period	EPS (USD)
2025	-0.77
2024	-0.82
2023	-1.27
2022	-0.3
2021	-0.04
2020	-1.55
2019	0.69
2018	0.42
2017	1.02
2016	3.43

Expenses (USD)

MAC Expenses (USD) by year
Period	Expenses (USD)
2025	26.65M
2024	67.84M
2023	62.47M
2022	27.16M
2021	30.06M
2020	30.34M
2019	59.85M
2018	207.18M
2017	193.03M
2016	221.49M

Cash & Debt (USD)

MAC Cash & Debt (USD) by year
Period	Cash & Debt (USD)
2025	43.01M
2024	89.86M
2023	94.94M
2022	100.32M
2021	112.45M
2020	465.3M
2019	100M
2018	102.71M
2017	91.04M
2016	94.05M

Debt ratios

MAC Debt ratios by year
Period	Debt ratios
2025	5.18
2024	4.4
2023	4.13
2022	2.54
2021	2.38
2020	2.94
2019	1.89
2018	1.44

Margins

MAC Margins by year
Period	Margins
2025	38.16%
2024	53.14%
2023	55.33%
2022	54.57%
2021	55.05%
2020	55.73%
2019	60.33%
2018	60.33%
2017	60.22%
2016	61.01%

Return on Capital

MAC Return on Capital by year
Period	Return on Capital
2025	-7.8%
2024	-6.83%
2023	-10.84%
2022	-2.24%
2021	0.45%
2020	-9.41%
2019	3.42%
2018	1.88%
2017	3.68%
2016	11.67%

Shares Outstanding

MAC Shares Outstanding by year
Period	Shares Outstanding
2025	256.62M
2024	236.62M
2023	215.81M
2022	215.18M
2021	213.96M
2020	149.69M
2019	141.41M
2018	149.06M
2017	142.4M
2016	143.99M

Dividends (USD)

MAC Dividends (USD) by year
Period	Dividends (USD)
2026	0.51
2025	0.68
2024	0.68
2023	0.68
2022	0.62
2021	0.6
2020	1.15
2019	3
2018	2.97
2017	2.87

Employee Count

MAC Employee Count by year
Period	Employee Count
2025	596
2024	615
2023	654
2022	650
2021	639
2020	659
2019	737
2018	718
2017	855
2016	851

Book Value Per Share (USD)

MAC Book Value Per Share (USD) by year
Period	Book Value Per Share (USD)
2025	9.85
2024	12.01
2023	11.71
2022	13.71
2021	14.84
2020	16.34
2019	20.02
2018	21.39
2017	27.87
2016	30.75

Total Assets (USD)

MAC Total Assets (USD) by year
Period	Total Assets (USD)
2025	8.37B
2024	8.57B
2023	7.51B
2022	8.09B
2021	8.35B
2020	9.18B
2019	8.85B
2018	9.03B
2017	9.61B
2016	9.96B

PE Ratio

MAC PE Ratio by year
Period	PE Ratio
Feb 25	54.61
Feb 25	56.49
Feb 25	57.42
Jan 25	57.26
Jan 25	56.54
Jan 25	54.56
Jan 25	53.18
Jan 25	56.6
Dec 24	55.49
Dec 24	55.82
Dec 24	59.24
Dec 24	60.92
Nov 24	58.44
Nov 24	54.34
Nov 24	53.1
Nov 24	53.79
Nov 22	70.24
Oct 22	63.86
Oct 22	54.7
Oct 22	52.38
Oct 22	48.9
Sep 22	46.05
Sep 22	45.53
Sep 22	52.67
Sep 22	57.19
Sep 22	54.58
Aug 22	57.54
Aug 22	62.82
Aug 22	66.7
Aug 22	54.81
Jul 22	56.02
Jul 22	53.86
Jul 22	49
Jul 22	48.1
Jul 22	47.15
Jun 22	49.84
Jun 22	47.73
Jun 22	52.8
Jun 22	59.98
May 22	62.41
May 22	60.56
May 22	66.53
May 22	202.66
Apr 22	188.26
Apr 22	201.76
Apr 22	213.61
Apr 22	211.36
Apr 22	234.61
Mar 22	222.01
Mar 22	219.46
Mar 22	215.71
Mar 22	227.26
Feb 22	233.26
Oct 20	18.02
Oct 20	19.39
Oct 20	18.82
Oct 20	19.47
Oct 20	19.18
Sep 20	17.5
Sep 20	19.39
Sep 20	19.03
Sep 20	21.41
Aug 20	20.94
Aug 20	19.23
Aug 20	20.71
Aug 20	11.5
Jul 20	11.18
Jul 20	11.65
Jul 20	11.99
Jul 20	12.4
Jul 20	12.38
Jun 20	11.8
Jun 20	12.97
Jun 20	14.3
Jun 20	16.35
May 20	9.98
May 20	10.18
May 20	9.32
May 20	9.99
May 20	9.99
Apr 20	8.72
Apr 20	10.18
Apr 20	13.76
Apr 20	7.39
Mar 20	9.03
Mar 20	10.76
Mar 20	19.61
Mar 20	28.38
Feb 20	29.82
Feb 20	41.02
Feb 20	39.53
Feb 20	40.43
Jan 20	38.61
Jan 20	43.27
Jan 20	44.59
Jan 20	43.29
Jan 20	44.74
Dec 19	45.87
Dec 19	45.81
Dec 19	45.09

Free Cash Flow Yield

MAC Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	3.43%
Sep 26	3.41%
Sep 26	3.32%
Aug 26	3.25%
Aug 26	3.17%
Aug 26	3.12%
Aug 26	3.16%
Jul 26	4.42%
Jul 26	4.42%
Jul 26	4.41%
Jul 26	4.63%
Jul 26	4.49%
Jun 26	4.42%
Jun 26	4.83%
Jun 26	4.49%
Jun 26	4.83%
May 26	5.07%
May 26	5.15%
May 26	5.29%
May 26	5.22%
May 26	6.3%
Apr 26	6.39%
Apr 26	6.07%
Apr 26	6.32%
Apr 26	6.94%
Mar 26	7.39%
Mar 26	7.48%
Mar 26	7.24%
Mar 26	7.21%
Feb 26	6.62%
Feb 26	6.67%
Feb 26	7.49%
Feb 26	7.07%
Jan 26	7.32%
Jan 26	7.55%
Jan 26	7.4%
Jan 26	7.57%
Jan 26	7.49%
Dec 25	7.32%
Dec 25	7.44%
Dec 25	7.42%
Dec 25	7.81%
Nov 25	7.99%
Nov 25	8.36%
Nov 25	8.05%
Nov 25	7.69%
Oct 25	6.88%
Oct 25	6.55%
Oct 25	6.85%
Oct 25	7.16%
Oct 25	6.54%
Sep 25	6.59%
Sep 25	6.77%
Sep 25	6.51%
Sep 25	6.3%
Aug 25	6.42%
Aug 25	6.51%
Aug 25	6.86%
Aug 25	7.29%
Aug 25	7.54%
Jul 25	6.89%
Jul 25	7.34%
Jul 25	7.48%
Jul 25	7.31%
Jun 25	7.53%
Jun 25	7.64%
Jun 25	7.73%
Jun 25	7.55%
May 25	7.52%
May 25	8.17%
May 25	7.59%
May 25	7.91%
May 25	7.8%
Apr 25	7.99%
Apr 25	8.08%
Apr 25	8.52%
Apr 25	8.16%
Mar 25	6.94%
Mar 25	6.89%
Mar 25	7.19%
Mar 25	7.02%
Feb 25	6.57%
Feb 25	6.35%
Feb 25	6.14%
Feb 25	6.04%
Jan 25	6.06%
Jan 25	6.14%
Jan 25	6.36%
Jan 25	6.52%
Jan 25	6.13%
Dec 24	6.25%
Dec 24	6.21%
Dec 24	5.86%
Dec 24	5.69%
Nov 24	5.94%
Nov 24	6.38%
Nov 24	6.53%
Nov 24	6.45%
Nov 24	7.13%
Oct 24	7.22%

Price to Sales

MAC Price to Sales by year
Period	Price to Sales
Sep 26	6.1
Sep 26	6.14
Sep 26	6.31
Aug 26	6.44
Aug 26	6.62
Aug 26	6.7
Aug 26	6.62
Jul 26	6.61
Jul 26	6.61
Jul 26	6.63
Jul 26	6.31
Jul 26	6.51
Jun 26	6.61
Jun 26	6.04
Jun 26	6.51
Jun 26	6.05
May 26	5.76
May 26	5.67
May 26	5.52
May 26	5.59
May 26	5.43
Apr 26	5.36
Apr 26	5.64
Apr 26	5.41
Apr 26	4.94
Mar 26	4.63
Mar 26	4.58
Mar 26	4.73
Mar 26	4.75
Feb 26	5.17
Feb 26	5.13
Feb 26	4.59
Feb 26	4.86
Jan 26	4.69
Jan 26	4.55
Jan 26	4.64
Jan 26	4.54
Jan 26	4.59
Dec 25	4.69
Dec 25	4.61
Dec 25	4.62
Dec 25	4.4
Nov 25	4.3
Nov 25	4.11
Nov 25	4.26
Nov 25	4.46
Oct 25	4.37
Oct 25	4.59
Oct 25	4.39
Oct 25	4.2
Oct 25	4.6
Sep 25	4.56
Sep 25	4.45
Sep 25	4.62
Sep 25	4.78
Aug 25	4.69
Aug 25	4.62
Aug 25	4.39
Aug 25	4.4
Aug 25	4.26
Jul 25	4.66
Jul 25	4.37
Jul 25	4.3
Jul 25	4.39
Jun 25	4.26
Jun 25	4.2
Jun 25	4.15
Jun 25	4.25
May 25	4.27
May 25	3.93
May 25	4.23
May 25	3.86
May 25	3.91
Apr 25	3.82
Apr 25	3.78
Apr 25	3.59
Apr 25	3.74
Mar 25	4.4
Mar 25	4.43
Mar 25	4.25
Mar 25	4.35
Feb 25	4.65
Feb 25	4.9
Feb 25	5.07
Feb 25	5.15
Jan 25	5.14
Jan 25	5.07
Jan 25	4.9
Jan 25	4.77
Jan 25	5.08
Dec 24	4.98
Dec 24	5.01
Dec 24	5.32
Dec 24	5.47
Nov 24	5.25
Nov 24	4.88
Nov 24	4.77
Nov 24	4.83
Nov 24	4.49
Oct 24	4.44

EV/EBITDA

MAC EV/EBITDA by year
Period	EV/EBITDA
Sep 26	26.91
Sep 26	27
Sep 26	27.43
Aug 26	27.78
Aug 26	28.21
Aug 26	28.44
Aug 26	28.23
Jul 26	29.42
Jul 26	29.41
Jul 26	29.47
Jul 26	28.67
Jul 26	29.17
Jun 26	29.41
Jun 26	27.98
Jun 26	29.16
Jun 26	28
May 26	27.26
May 26	27.03
May 26	26.66
May 26	26.83
May 26	26.37
Apr 26	26.18
Apr 26	26.88
Apr 26	26.32
Apr 26	25.12
Mar 26	24.36
Mar 26	24.23
Mar 26	24.61
Mar 26	24.66
Feb 26	25.72
Feb 26	25.61
Feb 26	97.63
Feb 26	100.49
Jan 26	98.7
Jan 26	97.19
Jan 26	98.2
Jan 26	97.11
Jan 26	97.63
Dec 25	98.75
Dec 25	97.92
Dec 25	98.02
Dec 25	95.64
Nov 25	94.62
Nov 25	92.63
Nov 25	94.23
Nov 25	96.34
Oct 25	84.58
Oct 25	86.52
Oct 25	84.78
Oct 25	83.11
Oct 25	86.57
Sep 25	86.25
Sep 25	85.23
Sep 25	86.79
Sep 25	88.15
Aug 25	87.37
Aug 25	86.74
Aug 25	84.72
Aug 25	23.9
Aug 25	23.54
Jul 25	24.54
Jul 25	23.82
Jul 25	23.63
Jul 25	23.87
Jun 25	23.55
Jun 25	23.4
Jun 25	23.28
Jun 25	23.52
May 25	23.57
May 25	22.72
May 25	23.47
May 25	31.99
May 25	32.17
Apr 25	31.85
Apr 25	31.72
Apr 25	31.05
Apr 25	31.58
Mar 25	33.85
Mar 25	33.97
Mar 25	33.33
Mar 25	33.68
Feb 25	34.71
Feb 25	33.47
Feb 25	34.04
Feb 25	34.33
Jan 25	34.28
Jan 25	34.06
Jan 25	33.45
Jan 25	33.03
Jan 25	34.08
Dec 24	33.74
Dec 24	33.84
Dec 24	34.89
Dec 24	35.41
Nov 24	34.65
Nov 24	33.38
Nov 24	33
Nov 24	33.21
Nov 24	88.29
Oct 24	87.79

Price/Operating Cashflow

MAC Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	20.04
Sep 26	20.17
Sep 26	20.73
Aug 26	21.19
Aug 26	21.75
Aug 26	22.04
Aug 26	21.77
Jul 26	19.12
Jul 26	19.11
Jul 26	19.18
Jul 26	18.27
Jul 26	18.84
Jun 26	19.11
Jun 26	17.48
Jun 26	18.83
Jun 26	17.51
May 26	16.66
May 26	16.4
May 26	15.98
May 26	16.18
May 26	16.1
Apr 26	15.87
Apr 26	16.7
Apr 26	16.04
Apr 26	14.62
Mar 26	13.72
Mar 26	13.57
Mar 26	14.02
Mar 26	14.08
Feb 26	15.33
Feb 26	15.2
Feb 26	13.55
Feb 26	14.35
Jan 26	13.85
Jan 26	13.42
Jan 26	13.71
Jan 26	13.4
Jan 26	13.55
Dec 25	13.86
Dec 25	13.63
Dec 25	13.66
Dec 25	12.98
Nov 25	12.7
Nov 25	12.14
Nov 25	12.59
Nov 25	13.18
Oct 25	12.95
Oct 25	13.61
Oct 25	13.02
Oct 25	12.46
Oct 25	13.63
Sep 25	13.52
Sep 25	13.17
Sep 25	13.7
Sep 25	14.16
Aug 25	13.9
Aug 25	13.69
Aug 25	13
Aug 25	12.15
Aug 25	11.75
Jul 25	12.86
Jul 25	12.06
Jul 25	11.85
Jul 25	12.11
Jun 25	11.76
Jun 25	11.59
Jun 25	11.46
Jun 25	11.73
May 25	11.78
May 25	10.84
May 25	11.67
May 25	11.07
May 25	11.22
Apr 25	10.96
Apr 25	10.85
Apr 25	10.29
Apr 25	10.73
Mar 25	12.62
Mar 25	12.72
Mar 25	12.19
Mar 25	12.47
Feb 25	13.33
Feb 25	13.76
Feb 25	14.23
Feb 25	14.46
Jan 25	14.42
Jan 25	14.24
Jan 25	13.74
Jan 25	13.39
Jan 25	14.26
Dec 24	13.98
Dec 24	14.06
Dec 24	14.92
Dec 24	15.35
Nov 24	14.72
Nov 24	13.69
Nov 24	13.37
Nov 24	13.55
Nov 24	12.3
Oct 24	12.15

Price to Book

MAC Price to Book by year
Period	Price to Book
Sep 26	2.12
Sep 26	2.13
Sep 26	2.19
Aug 26	2.24
Aug 26	2.3
Aug 26	2.33
Aug 26	2.3
Jul 26	2.65
Jul 26	2.65
Jul 26	2.66
Jul 26	2.54
Jul 26	2.62
Jun 26	2.65
Jun 26	2.43
Jun 26	2.61
Jun 26	2.43
May 26	2.31
May 26	2.28
May 26	2.22
May 26	2.25
May 26	2.18
Apr 26	2.15
Apr 26	2.26
Apr 26	2.18
Apr 26	1.98
Mar 26	1.86
Mar 26	1.84
Mar 26	1.9
Mar 26	1.91
Feb 26	2.08
Feb 26	2.06
Feb 26	1.82
Feb 26	1.93
Jan 26	1.86
Jan 26	1.81
Jan 26	1.84
Jan 26	1.8
Jan 26	1.82
Dec 25	1.87
Dec 25	1.83
Dec 25	1.84
Dec 25	1.75
Nov 25	1.71
Nov 25	1.63
Nov 25	1.69
Nov 25	1.77
Oct 25	1.63
Oct 25	1.71
Oct 25	1.64
Oct 25	1.57
Oct 25	1.71
Sep 25	1.7
Sep 25	1.66
Sep 25	1.72
Sep 25	1.78
Aug 25	1.75
Aug 25	1.72
Aug 25	1.64
Aug 25	1.54
Aug 25	1.49
Jul 25	1.63
Jul 25	1.53
Jul 25	1.5
Jul 25	1.53
Jun 25	1.49
Jun 25	1.47
Jun 25	1.45
Jun 25	1.49
May 25	1.49
May 25	1.37
May 25	1.48
May 25	1.25
May 25	1.26
Apr 25	1.23
Apr 25	1.22
Apr 25	1.16
Apr 25	1.21
Mar 25	1.42
Mar 25	1.43
Mar 25	1.37
Mar 25	1.41
Feb 25	1.5
Feb 25	1.67
Feb 25	1.73
Feb 25	1.76
Jan 25	1.75
Jan 25	1.73
Jan 25	1.67
Jan 25	1.63
Jan 25	1.73
Dec 24	1.7
Dec 24	1.71
Dec 24	1.81
Dec 24	1.87
Nov 24	1.79
Nov 24	1.66
Nov 24	1.63
Nov 24	1.65
Nov 24	1.53
Oct 24	1.51

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