NYSE · REIT - Retail

Macerich Company (The) (MAC) Stock

$24.10 +0.63% NYSE: MAC Real Estate

Valuation

MetricValue
Price$24.10
Market Cap$7.11B
P/E Ratio-35.46
P/B Ratio2.23
P/S Ratio6.80
EPS (TTM)$-0.77
52-Week High$26.68
52-Week Low$16.03
Dividend Yield2.95%

Financials & Margins

MetricValue
ROE-6.63%
ROA-1.99%
ROCE1.26%
Gross Margin16.45%
Operating Margin16.55%
Net Margin-16.81%
Debt/Equity1.71
Current Ratio0.09

Annual Financials (USD)

Metric20212022202320242025
Revenue$847.0M$859.0M$884.0M$918.0M$1.0B
Operating Profit$125.0M$150.0M$178.0M$165.0M$168.0M
Net Profit$14.0M$-66.0M$-274.0M$-194.0M$-197.0M
EPS$0.07$-0.31$-1.28$-0.78$-0.77
Op Margin14.8%17.5%20.1%18.0%16.5%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$8.3B$8.1B$7.5B$8.6B$8.4B
Total Liabilities$5.2B$5.1B$5.0B$5.7B$5.8B
Cash$112.0M$100.0M$95.0M$90.0M$43.0M
Borrowings$4.6B$4.5B$4.3B$5.1B$5.2B

Latest News

Macerich Schedules Second Quarter 2026 Earnings Release and Conference Call GlobeNewswire · Jul 15, 2026 MAC: Lowering target price to $26.00 Argus Research · Jul 15, 2026 Realty Income Boosts Liquidity: What Does This Mean for Growth? Zacks · Jul 14, 2026 Robinhood initiation, Nike downgrade among today's top calls on Wall Street The Fly · Jun 26, 2026 Compass Point Downgrades Macerich to Neutral From Buy, Adjusts PT to $26 From $23 MT Newswires · Jun 26, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$286.0M$338.0M$296.0M$283.0M$322.0M
Investing Cash Flow$235.0M$-1.0M$53.0M$20.0M$-325.0M
Financing Cash Flow$-23.0M$-6.0M$-35.0M$-9.0M$-5.0M
Net Cash Flow$-316.0M$14.0M$9.0M$-13.0M$195.0M
Free Cash Flow$286.0M$338.0M$296.0M$283.0M$322.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.38
EV / EBITDA28.68
FCF Yield3.08%
Quick Ratio0.46
Interest Coverage0.47
Return 1Y28.67%
Return 3Y106.41%
Return 5Y60.74%

Ownership

Insiders Held0.35%
Institutions Held96.80%
Institutions Float Held97.14%
Institutional HolderSharesReport Date
Blackrock Inc.46,259,1032026-03-31
Vanguard Portfolio Management LLC25,565,8592026-03-31
FMR, LLC24,047,3922026-03-31
State Street Corporation14,781,0862026-03-31
Smead Capital Management, Inc.12,155,3322026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
CBLCBL & Associates Properties, Inc. $49.91 +0.16% 7.77 $1.54B 4.57%
SPGSimon Property Group, Inc. $211.63 -0.19% 14.49 $68.47B 4.39%

About Macerich Company (The)

Macerich Company (The) is led by CEO Jackson Hsieh, employs 598 people, headquartered in Santa Monica, US, publicly traded since 1994.

Macerich Company (The) (MAC) stock trades at $24.10 with a market capitalization of $7.11B. The stock is valued at a negative price-to-earnings (P/E) ratio of -35.46, reflecting a net loss over the last twelve months, price-to-book of 2.23, price-to-sales of 6.80. Over the past 52 weeks the stock has ranged between $16.03 and $26.68, and currently trades 9.7% below its 52-week high. It pays a dividend yielding 2.95%.

On profitability, Macerich Company (The) generates a return on equity (ROE) of -6.63% (negative, reflecting a net loss), return on capital employed of 1.26%, an operating margin of 16.55%, a net profit margin of -16.81%.

Macerich Company (The) by the numbers, 2016–2025

Between 2016 and 2025 Macerich Company (The) reported revenue of $1.0B rising to $1.0B, a change of -2.5% across 10 years. Compounded, revenue has grown 5.3% a year over five years, 5.7% over three, 10.6% over the last twelve months. Net profit fell to $-197.0M.

Operating margin went from 24.8% in 2016 to 16.5% in 2025, a fall of 8.3 percentage points. The most recent net margin is -16.81%. On a trailing twelve-month basis to Jun '26, revenue is $1.0B and net profit $-169.0M.

Borrowings rose from $5.0B to $5.2B, cash from operations was $322.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged -5.6% over five years, and was -8.0% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Macerich Company (The) (MAC) — frequently asked questions

What is Macerich Company (The) (MAC) stock price today?

Macerich Company (The) (MAC) is currently trading at $24.10, up 0.63% today.

What is MAC P/E ratio?

Macerich Company (The)'s P/E ratio is -35.46. A negative P/E means the company reported a net loss over the last twelve months, so P/E is not a meaningful valuation measure for it right now.

What is MAC return on equity (ROE)?

Macerich Company (The)'s return on equity (ROE) is -6.63%. ROE measures net income relative to shareholders' equity. A negative ROE means the company reported a net loss over the period.

What is Macerich Company (The)'s market cap?

Macerich Company (The) has a market capitalization of $7.11B.

Does MAC pay a dividend?

Yes. Macerich Company (The) currently yields 2.95%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does MAC carry?

Macerich Company (The) has a debt-to-equity ratio of 1.71. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is MAC's profit margin?

Macerich Company (The) reports a net profit margin of -16.81% — the share of revenue left after every cost, including tax and interest.

What sector is MAC in?

Macerich Company (The) is classified under Real Estate, in the REIT - Retail industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is MAC listed on?

Macerich Company (The) trades on NYSE under the ticker MAC.

What is MAC's 52-week range?

Over the last year Macerich Company (The) has traded between $16.03 and $26.68.

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Screens MAC currently matches

On the figures above, Macerich Company (The) passes the filters for 6 of our ready-made screens, among them Dividend Stocks, Stocks Under $100, Stocks Under $50. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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