The Macerich Company
MACNYSEReal EstateREIT - Retail
Previous close
$24.38
−$0.31 · -1.26%
MAC company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Sell
Trim exposure — unfavorable risk-reward
Valuation
2
Overpriced
Momentum
62
Gaining
Sentiment
61
Bullish
Risk resilience
63
Moderate Risk
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
AI-generated, informational only, and not investment advice.
Company profile
Company websiteMacerich operates as a comprehensive, self-managed real estate investment trust (REIT) that independently oversees all aspects of its operations. Its core focus is on the acquisition, leasing, management, development, and revitalization of regional shopping malls throughout the United States. The company currently holds interests in 47 regional retail complexes, representing a total portfolio of 51 million square feet of real estate. Macerich specializes in high-performing retail properties located within America's most sought-after and populous markets, boasting a significant footprint particularly across the West Coast, Arizona, Chicago, and the corridor extending from Metropolitan New York to Washington, D.C. A consistent leader in environmental sustainability, Macerich earned the top GRESB ranking in the North American Retail Sector for an impressive five consecutive years, from 2015 to 2019.
- Industry
- REIT - Retail
- Sector
- Real Estate
- Headquarters
- US
- CEO
- Jackson Hsieh
- Listed since
- Mar 10, 1994
- Employees
- 597
Market position
Day range
Current $24.38
52-week range
Current $24.38
- Open
- $24.74
- Previous close
- $24.69
- Volume
- 1.38M
- 0.39× average
- Average volume
- 3.5M
- Average daily volume
- Market cap
- 7.25B USD
- Beta
- 2.07
- Market reference 1
- 50-day average
- $25.0616
- -2.72% below average
- 200-day average
- $20.952
- +16.36% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 9.9B USD
- P/E (TTM)
- -37.51×
- P/B (TTM)
- 2.36×
- P/S (TTM)
- 7.19×
- EV / EBITDA
- 24.44×
- Earnings yield
- -4.16%
- Free cash flow yield
- 6.79%
- Dividend yield
- 2.79%
Profitability & efficiency
- Gross margin
- 24.47%
- Operating margin
- 9.71%
- Net margin
- -16.81%
- Return on equity
- -8.05%
- Return on assets
- -2.36%
- Return on invested capital
- 1.98%
Financial health
- Debt / equity
- 1.71×
- Current ratio
- 0.09×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 1.02B USD | 918.2M USD | 884.07M USD | 859.16M USD | 847.44M USD |
| Cost of goods sold | 627.83M USD | 430.27M USD | 394.89M USD | 390.35M USD | 380.88M USD |
| Gross profit | 387.47M USD | 487.94M USD | 489.18M USD | 468.81M USD | 466.55M USD |
| Selling, general, and administrative | 31.54M USD | 28.15M USD | 29.24M USD | 27.16M USD | 30.06M USD |
| Operating expenses | 219.71M USD | 322.93M USD | 311.6M USD | 318.78M USD | 341.19M USD |
| Interest expense | 216.34M USD | 219.99M USD | 172.92M USD | 216.85M USD | 192.68M USD |
| Depreciation and amortization | 365.52M USD | 305.88M USD | 296.39M USD | 302.48M USD | 324.4M USD |
| Operating income | 167.76M USD | 165.01M USD | 177.58M USD | 150.04M USD | 125.37M USD |
| Net income | −197.15M USD | −194.12M USD | −274.07M USD | −66.07M USD | 14.26M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 18%
- 2 beats, 9 misses, 0 met estimates
- Average EPS surprise
- -963.11%
- 11 comparable reports
- Latest EPS result
- -0.1
- Estimate -0.05 · Miss by 89.61%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
MAC news
MAC peers
ETFs holding MAC
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR425.48M0.38%111.19B USD0.06%$147.31+0.64%
Vanguard Real Estate ETFVNQ252.32M0.34%73.1B USD0.13%$98.50-0.10%
Vanguard Morningstar Total Stock Market ETFVTI231.31M0.01%2.3T USD0.03%$378.24+0.44%
iShares Russell 2000 ETFIWM179.36M0.22%81.62B USD0.19%$299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB166.71M0.09%183.4B USD0.03%$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETFVBR105.86M0.15%68.3B USD0.05%$249.18+0.68%
Vanguard Extended Market ETFVXF84.39M0.09%93.7B USD0.05%$245.53+0.82%
State Street SPDR Portfolio S&P 600 Small Cap ETFSPSM65.71M0.39%17.03B USD0.03%$57.28+0.61%iShares Core S&P Small-Cap ETFIJR- Market value
- 425.48M
- Weight
- 0.38%
- AUM
- 111.19B USD
- Expense ratio
- 0.06%
- Price / 1D
- $147.31+0.64%
Vanguard Real Estate ETFVNQ- Market value
- 252.32M
- Weight
- 0.34%
- AUM
- 73.1B USD
- Expense ratio
- 0.13%
- Price / 1D
- $98.50-0.10%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 231.31M
- Weight
- 0.01%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
iShares Russell 2000 ETFIWM- Market value
- 179.36M
- Weight
- 0.22%
- AUM
- 81.62B USD
- Expense ratio
- 0.19%
- Price / 1D
- $299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 166.71M
- Weight
- 0.09%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
Vanguard Morningstar Small-Cap Value ETFVBR- Market value
- 105.86M
- Weight
- 0.15%
- AUM
- 68.3B USD
- Expense ratio
- 0.05%
- Price / 1D
- $249.18+0.68%
Vanguard Extended Market ETFVXF- Market value
- 84.39M
- Weight
- 0.09%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
State Street SPDR Portfolio S&P 600 Small Cap ETFSPSM- Market value
- 65.71M
- Weight
- 0.39%
- AUM
- 17.03B USD
- Expense ratio
- 0.03%
- Price / 1D
- $57.28+0.61%
Continue in GoAI
Research MACresearch.disclaimer