Macerich Co
MAC NYSE· Real Estate Investment Trusts
Last close · Oct 26, 2026
$24.37
KIRA · Stoqly’s AI analyst, in plain words
- Macerich Co had $1.0B of revenue in fiscal 2025, up 10.4% on the year before. Over five years, revenue changed +5.2% a year on average.
- Macerich Co lost $197M in fiscal 2025.
- Macerich Co returned $188M to shareholders in fiscal 2025. The diluted share count rose 14.6%.
- Macerich Co owes $4.8B more than it holds in cash.
Market cap
$6.7B
P/E
—
Revenue
$1.0B
Net income
−$197M
Free cash flow
—
Operating margin
—
Macerich Co in 30 seconds · fiscal 2025
Are sales growing?
+10.4%
Yes. Sales grew 10.4% last year.
Does it make a profit?
−19.4%
No. It lost money last year.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Macerich Co does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 20, 2026
- Legal name
- MACERICH CO
- CIK
- 0000912242
Macerich Co · MAC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $847M | $859M | $884M | $918M | $1.0B |
| Revenue growth | 7.8% | 1.4% | 2.9% | 3.9% | 10.4% |
| Net interest income | −$193M | −$217M | −$173M | −$220M | −$284M |
| Net income | $14.3M | −$66.1M | −$274M | −$194M | −$197M |
| Net margin | 1.7% | −7.7% | −31.0% | −21.1% | −19.4% |
| Diluted EPS | $0.07 | −$0.31 | −$1.28 | −$0.88 | −$0.78 |
| Cash | |||||
| Cash from operations | $286M | $338M | $296M | $283M | $322M |
| Dividends paid | $143M | $186M | $159M | $161M | $188M |
| Share count change | 35.4% | 8.6% | 0.2% | 2.9% | 14.6% |
| Debt and strength | |||||
| Cash and short-term investments | $112M | $100M | $94.9M | $89.9M | $280M |
| Debt incl. finance leases | $4.4B | $4.3B | $4.1B | $4.9B | $5.1B |
| Shareholders' equity | $3.0B | $2.9B | $2.4B | $2.8B | $2.4B |
| Returns and quality | |||||
| Return on equity | 0.5% | −2.2% | −10.3% | −7.5% | −7.6% |
| Return on tangible equity | 0.4% | −2.3% | −11.2% | −7.1% | −8.1% |
| Piotroski F-score | 5 | 4 | 3 | 3 | 3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.1M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Macerich Co · MAC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $24.37 a share, the company is worth $6.7B.
Source: SEC EDGAR XBRL filings (CIK 0000912242). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.