The Macerich Company logo

The Macerich Company (MAC)

Common Stock · Currency in USD · XNYS

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.

Company Info

SIC6798
Composite FIGIBBG000BL9C59
CIK0000912242
IPOMar 9, 1994
Sectorreal estate investment trusts

Highlights

Market Cap$5.01B
EPS-$1.36
P/E Ratio-13.93
Revenue$1.01B
Gross Profit$1.01B
Net Income-$359.98M
Employees598
WSO256,670,747
Phone(310) 394-6000

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Analysis

Share Price Chart

Performance Chart

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.

JanFebMarAprMayJunJulAugSepOctNovDec
20262.60%8.14%-6.25%-0.20%
20253.28%-11.48%-4.35%-14.22%9.32%1.51%4.05%11.65%1.17%-4.93%2.60%7.83%
20242.93%3.80%4.61%-19.81%14.03%0.85%4.44%-1.54%16.40%2.63%13.00%-6.08%
202319.90%-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%
202146.73%-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%
20198.00%-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

-2.00-1.000.001.002.003.00MAC: 0.54SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00MAC: 0.79SPY: 1.40

Omega ratio

0.501.001.502.00MAC: 1.10SPY: 1.22

Calmar ratio

0.002.004.006.00MAC: 0.53SPY: 1.20

Martin ratio

0.001.003.00MAC: 0.15SPY: 0.42

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.

2025202420232022202120202019201820172016201520142013201220112010
Liabilities And Equity (USD)8.37B8.57B7.51B8.09B8.35B9.18B8.85B9.03B9.61B9.96B11.26B13.12B9.08B9.31B7.94B7.65B
Equity Attributable To Parent (USD)2.45B2.76B2.45B2.87B3.05B2.26B2.63B2.95B3.68B4.11B4.72B5.64B3.36B3.08B2.81B2.89B
Equity Attributable To Noncontrolling Interest (USD)78.20M85.94M80.58M83.58M129.28M188.21M198.71M238.20M286.42M321.28M355.83M399.73M359.97M338.72M351.31M297.72M
Equity (USD)2.53B2.84B2.53B2.95B3.18B2.45B2.83B3.19B3.97B4.43B5.07B6.04B3.72B3.42B3.16B3.19B
Long-term Debt (USD)5.07B4.89B4.14B4.24B4.42B-----------
Noncurrent Liabilities (USD)----------------
Current Liabilities (USD)5.84B5.72B4.99B5.14B5.17B6.74B6.02B5.84B5.64B5.53B6.19B7.08B5.36B5.89B4.77B4.45B
Liabilities (USD)5.84B5.72B4.99B5.14B5.17B6.74B6.02B5.84B5.64B5.53B6.19B7.08B5.36B5.89B4.77B4.45B
Noncurrent Assets (USD)----------------
Current Assets (USD)8.37B8.57B7.51B8.09B8.35B9.18B8.85B9.03B9.61B9.96B11.26B13.12B9.08B9.31B7.94B7.65B
Assets (USD)8.37B8.57B7.51B8.09B8.35B9.18B8.85B9.03B9.61B9.96B11.26B13.12B9.08B9.31B7.94B7.65B

News and Insights

Macerich Declares the Quarterly Dividend on Its Common Shares

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 faviconBenzingaGlobe Newswire
Macerich Announces Tax Treatment of 2025 Dividends

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.

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Macerich Declares the Quarterly Dividend on Its Common Shares

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.

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Macerich Schedules Second Quarter 2025 Earnings Release and Conference Call

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. faviconGlobeNewswire Inc.Samantha Greening
Macerich and PenFed Credit Union Secure Exclusive Sponsorship Agreement for Tysons Corner Center Plaza

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'.

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Macerich To Present at Citi’s 2025 30th Annual Global Property CEO Conference

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.

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Macerich Announces Tax Treatment Of 2024 Dividends

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.

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Macerich Announces Pricing of Upsized Public Offering of Common Stock

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.

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Macerich Announces the Return of Diana M. Laing to Board of Directors - GlobeNewswire

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.

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