Stocks Real estate MAC
NYSE · Real estateMacerich Co (MAC)
Macerich Co brought in $1B of revenue over the twelve months to September 30, 2026, down 1.3% from a year earlier. It posted a net loss of $98.9M. At September 30, 2026 it held $560.8M in cash against $4.4B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Macerich Co
- Net worth
- Macerich Co has a market value (market cap) of $7.2B at the latest share price, and shareholders' equity of $2.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1B (+10.4% year on year), with a net loss of $197.1M. Over the 12 months to September 30, 2026: revenue $1B, net loss $98.9M.
- Cash flow
- In fiscal 2025 operations brought in $321.6M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Macerich Co's next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Macerich Co paid dividends of $0.68 per share in fiscal 2025, a yield of 2.69% at the current price.
What Macerich Co does
Macerich Co is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker MAC.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1B | -$197.1M | -$0.78 | n/a |
| 2024 | $918.2M | -$194.1M | -$0.88 | n/a |
| 2023 | $884.1M | -$274.1M | -$1.28 | n/a |
| 2022 | $859.2M | -$66.1M | -$0.31 | n/a |
| 2021 | $847.4M | $14.3M | $0.07 | n/a |
| 2020 | $786M | -$230.2M | -$1.58 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MAC ranks in Real estate
Dividends
Macerich Co paid $0.68 per share in fiscal 2025. At the current price that is a yield of 2.69%. It paid out $188.2M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.68 | $188.2M | n/a |
| 2024 | $0.68 | $161.3M | n/a |
| 2023 | $0.68 | $159.3M | n/a |
| 2022 | $0.62 | $186.3M | n/a |
| 2021 | $0.60 | $143.4M | 1,006% |
| 2020 | $1.55 | $179.9M | n/a |
Latest SEC filings
What Macerich Co has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 2.7% to $260.1M versus the same quarter last year; diluted EPS -$0.06 versus -$0.34.
- November 4, 2026
- September 4, 2026Passive stake changed SCHEDULE 13G/A
- August 11, 2026
- August 7, 2026Passive stake (5% or more) SCHEDULE 13G
- August 5, 2026Other event 8-K
- August 5, 2026
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue was flat at $249.7M versus the same quarter last year; diluted EPS -$0.10 versus -$0.16.
- August 4, 2026
- June 29, 2026Other event 8-K
Insider trades
What the people running Macerich Co did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $63.8K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 9, 2026 | Zecchini Christopher JChief Accounting Officer | Sold | 2,740 | $63.8K |
| June 1, 2026 | Hernandez Enrique JrDirector | Received as pay | 6,720 | - |
| June 1, 2026 | Laing DianaDirector | Received as pay | 6,720 | - |
| June 1, 2026 | Murphy Devin IgnatiusDirector | Received as pay | 6,720 | - |
| June 1, 2026 | Hirsch Daniel J.Director | Received as pay | 6,720 | - |
| June 1, 2026 | Stephen Andrea MDirector | Received as pay | 6,720 | - |
| June 1, 2026 | Hash SteveDirector | Received as pay | 9,520 | - |
| June 1, 2026 | Lowenthal MarianneDirector | Received as pay | 6,720 | - |
Who owns MAC
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Fmr LLC13G, passive with 1 related filers | 10.2% | May 7, 2026 |
| Vanguard Portfolio Management13G, passive | 10.09% | September 4, 2026 |
| Vanguard Capital Management13G, passive | 5.29% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 347 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 54,737,438 | +8,478,335 |
| Fmr LLC | 31,461,342 | +7,413,950 |
| Vanguard Portfolio Management LLC | 27,314,692 | +1,748,833 |
| State Street Corp | 16,342,649 | +1,561,563 |
| Vanguard Capital Management LLC | 12,682,019 | +1,209,413 |
| Smead Capital Management, Inc. | 11,481,712 | -673,620 |
| Centersquare Investment Management LLC | 8,999,366 | +1,724,762 |
| Geode Capital Management, LLC | 8,667,541 | +1,812,483 |
| Principal Financial Group Inc | 7,014,637 | +5,769,806 |
| Charles Schwab Investment Management Inc | 5,783,144 | +568,675 |
| Deutsche Bank AG\ | 5,515,222 | +5,112,622 |
| Resolution Capital Ltd | 5,439,786 | +1,055,606 |
| Morgan Stanley | 5,196,073 | +2,588,336 |
| Bamco Inc | 4,999,756 | +915,063 |
| Wellington Management Group Llp | 4,674,803 | -378,868 |
| Dimensional Fund Advisors LP | 4,222,022 | +373,909 |
| Northern Trust Corp | 3,870,527 | -598,564 |
| Goldman Sachs Group Inc | 3,644,167 | +174,203 |
| Jpmorgan Chase & Co | 3,226,823 | -4,677,607 |
| Canada Pension Plan Investment Board | 3,253,097 | +3,237,697 |
Insiders
8 insiders reported holding 656,771 shares in total, about $16.6M at the last price.
| Holder | Shares |
|---|---|
| Laing DianaDirector | 163,291 |
| Hash SteveDirector | 156,153 |
| Stephen Andrea MDirector | 104,921 |
| Hirsch Daniel J.Director | 91,898 |
| Hernandez Enrique JrDirector | 71,444 |
| Lowenthal MarianneDirector | 43,596 |
| Murphy Devin IgnatiusDirector | 24,621 |
| Zecchini Christopher JChief Accounting Officer | 847 |
Questions about MAC
What does Macerich Co do?
Macerich Co is a company in the Real estate sector, listed on NYSE as MAC. Its shares trade on NYSE under the ticker MAC.
What is Macerich Co's net worth?
Macerich Co has a market value (market cap) of $7.2B at the latest share price, and shareholders' equity of $2.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Macerich Co profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $98.9M on revenue of $1B.
How much revenue does Macerich Co make?
Over the twelve months to September 30, 2026 Macerich Co reported revenue of $1B. That is 1.3% less than a year earlier.
When did Macerich Co last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Macerich Co's next earnings report?
Macerich Co's next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Macerich Co pay a dividend?
Yes. Macerich Co paid dividends of $0.68 per share in fiscal 2025, a yield of 2.69% at the current price.
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Where the numbers come from
Financial figures are the values Macerich Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.