Macerich invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with a power center and seven other real estate assets. The company's total portfolio has 39.9 million square feet of gross leasable area and averaged $867 sales per square foot over the 12 months ended in September 2025.
The chart shows the growth of an initial investment of $10,000 in The Macerich Company, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
The Macerich Company (MAC) has returned 5.85% so far this year and 40.00% over the past 12 months. Looking at the last ten years, MAC has achieved an annualized return of -13.14%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
MAC
1M-2.20%
6M8.44%
YTD5.85%
1Y40.00%
5Y9.90%
10Y-13.14%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of The Macerich Company (MAC) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
2.60%
8.14%
-6.25%
-0.20%
2025
3.28%
-11.48%
-4.35%
-14.22%
9.32%
1.51%
4.05%
11.65%
1.17%
-4.93%
2.60%
7.83%
2024
2.93%
3.80%
4.61%
-19.81%
14.03%
0.85%
4.44%
-1.54%
16.40%
2.63%
13.00%
-6.08%
2023
19.90%
-12.71%
-10.85%
-6.55%
-3.60%
16.43%
13.03%
-6.93%
-7.85%
-12.43%
17.64%
35.00%
2022
-6.29%
-7.33%
2.62%
-20.22%
-6.37%
-26.62%
21.81%
-8.33%
-16.33%
36.73%
12.59%
-11.48%
2021
46.73%
-19.70%
-11.83%
16.08%
15.04%
13.78%
-10.68%
4.46%
-1.76%
6.47%
3.85%
-11.38%
2020
-17.22%
-9.12%
-72.52%
41.48%
-3.40%
31.33%
-15.32%
5.03%
-12.72%
2.50%
42.45%
3.39%
2019
8.00%
-5.97%
-0.39%
-7.47%
-9.54%
-7.79%
-1.81%
-15.72%
11.55%
-12.73%
-2.43%
-0.04%
2018
-2.29%
-8.72%
-4.94%
2.91%
-3.45%
1.96%
3.94%
0.09%
-5.68%
-6.65%
-4.03%
-14.31%
2017
-3.19%
-2.02%
-5.00%
-3.09%
-8.14%
1.38%
-1.86%
-8.91%
3.76%
-0.53%
18.61%
1.11%
2016
-3.61%
-0.04%
12.08%
4.36%
-10.86%
-1.33%
-12.12%
-3.61%
4.39%
Performance Indicators
The charts below present risk-adjusted performance metrics for The Macerich Company (MAC) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of MAC compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current The Macerich Company volatility is 2.23%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Liabilities And Equity (USD)
8.37B
8.57B
7.51B
8.09B
8.35B
9.18B
8.85B
9.03B
9.61B
9.96B
11.26B
13.12B
9.08B
9.31B
7.94B
7.65B
Equity Attributable To Parent (USD)
2.45B
2.76B
2.45B
2.87B
3.05B
2.26B
2.63B
2.95B
3.68B
4.11B
4.72B
5.64B
3.36B
3.08B
2.81B
2.89B
Equity Attributable To Noncontrolling Interest (USD)
The Macerich Company (NYSE:MAC) announced a quarterly cash dividend of $0.17 per share, payable on March 30, 2026, to shareholders of record as of March 16, 2026. The REIT, which owns and operates retail properties across major U.S. markets, continues its regular dividend distribution.
Benzinga•Globe Newswire
AI Insight
The declaration of a quarterly dividend demonstrates the company's financial stability and commitment to returning capital to shareholders. Consistent dividend payments are typically viewed positively by investors as they indicate operational profitability and management confidence in future cash flows.
Macerich Company (NYSE: MAC) announced the tax treatment classification for its 2025 dividend distributions. The company paid total dividends of $0.68 per share during 2025, distributed quarterly at $0.17 per share. All dividends were classified as taxable ordinary dividends with no qualified dividends, capital gain distributions, or nondividend distributions.
Benzinga•Globe Newswire
AI Insight
The announcement is a routine tax classification disclosure for dividend distributions. There is no indication of dividend changes, increases, or decreases compared to prior years. The announcement is informational in nature, providing necessary tax documentation for shareholders without any material business developments or strategic implications.
Macerich Company announced a quarterly cash dividend of $0.17 per common share, payable on December 29, 2025, to stockholders of record as of December 15, 2025.
Benzinga•Globe Newswire
AI Insight
Company continues to pay consistent dividend, maintains strong sustainability ranking, and demonstrates stable financial management
Macerich, a real estate investment trust (REIT), will release its Q2 2025 earnings on August 11, 2025, with a conference call at 2:00 pm Pacific Time to discuss quarterly results.
GlobeNewswire Inc.•Samantha Greening
AI Insight
The article is a standard earnings release announcement with no explicit positive or negative financial indicators, presenting routine corporate communication about upcoming financial reporting
Macerich, a leading real estate investment trust, has finalized a multi-year sponsorship agreement with PenFed Credit Union, America's second-largest federal credit union, for the outdoor event and community gathering space at Tysons Corner Center. The agreement will grant PenFed exclusive branding opportunities and member engagement initiatives at the newly named 'PenFed Plaza'.
GlobeNewswire Inc.•
AI Insight
The article highlights Macerich's leading position in the retail real estate industry and its ability to secure a high-profile sponsorship agreement, which suggests a positive outlook for the company.
The Macerich Company, a leading owner and operator of retail real estate, announced that its President, CEO, and CFO will participate in a roundtable presentation at Citi's 2025 Global Property CEO Conference.
GlobeNewswire Inc.•
AI Insight
The article highlights Macerich's participation in an industry conference, which suggests the company is actively engaged in the real estate sector and seeking to share its insights with investors. The company's description as a leading owner and operator of retail real estate also indicates a positive outlook for its business.
Macerich, a real estate investment trust, announced the tax treatment for its 2024 dividend distributions. The dividends are classified as ordinary dividends, Section 199A dividends, qualified dividends, capital gain distributions, and non-dividend distributions.
Benzinga•Globe Newswire
AI Insight
The article provides factual information about Macerich's dividend tax treatment, without any indication of positive or negative sentiment towards the company.
The Macerich Company has priced an underwritten public offering of 20,000,000 shares of common stock at $19.75 per share, with expected gross proceeds of approximately $395.0 million. The company plans to use the net proceeds to repay a $478.0 million mortgage loan.
GlobeNewswire Inc.•
AI Insight
The company is raising capital through a public offering, which suggests it is in a strong financial position and has growth plans. The proceeds will be used to repay a high-interest mortgage loan, which is a prudent financial decision.
Macerich, a leading owner and operator of retail properties, has appointed Diana M. Laing to its Board of Directors. Laing previously served on Macerich's Board from 2003 to 2022 and has extensive experience in the REIT industry, including serving on the Board of Directors of Spirit Realty Capital during Macerich's President and CEO Jackson Hsieh's tenure there.
GlobeNewswire Inc.•
AI Insight
The article highlights Macerich's appointment of a seasoned and experienced director to its Board, which is seen as a positive move for the company's leadership and strategic direction.