Macerich (MAC) Capital Expenditures (2009 - 2026)
Macerich's (MAC) quarterly Capital Expenditures came in at $28.7 million in Q1 2026, up 319.11% YoY from $6.8 million in Q1 2025, and down 87.62% on a QoQ basis from $231.6 million in Q4 2025.
Analysis
Macerich (MAC) Capital Expenditures (2009 - 2026) Analysis & Trends
Macerich (MAC) has 18 years of Capital Expenditures data on file, last reported at $28.7 million in Q1 2026.
- Quarterly Capital Expenditures rose 319.11% year-over-year to $28.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $288.8 million (up 399.22% YoY) and the FY2025 annual result came in at $266.9 million, up 357.61% from the prior year.
- Capital Expenditures slipped to $28.7 million in Q1 2026, from $231.6 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $260.1 million in Q2 2025 to a low of -$231.6 million in Q3 2025.
- A 5-year average of $28.3 million and a median of $13.1 million in 2023 frame the typical range for Capital Expenditures.
- The widest YoY moves for Capital Expenditures: up 1356.99% in 2025, down 39823.67% in 2025.
- Tracing MAC's Capital Expenditures over 5 years: stood at $6.8 million in 2022, then jumped by 307.77% to $27.9 million in 2023, then tumbled by 42.98% to $15.9 million in 2024, then surged by 1356.99% to $231.6 million in 2025, then tumbled by 87.62% to $28.7 million in 2026.
- The last three Capital Expenditures figures came in at $28.7 million (Q1 2026), $231.6 million (Q4 2025), and -$231.6 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 68.54 Bn | 68.54 Bn | 1.76 Bn | 254.90 Mn |
| 2 | Realty Income | 57.28 Bn | 57.28 Bn | - | 1.90 Bn |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | - |
| 4 | Federal Realty Investment Trust | 10.18 Bn | 10.18 Bn | 271.22 Mn | - |
| 5 | Agree Realty | 8.71 Bn | 8.70 Bn | - | 457.67 Mn |
| 6 | Nnn Reit | 8.55 Bn | 8.55 Bn | - | 287.06 Mn |
| 7 | Essential Properties Realty Trust | 6.48 Bn | 6.48 Bn | - | 236.77 Mn |
| 8 | Macerich | 6.41 Bn | 6.41 Bn | 171.77 Mn | 241.44 Mn |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | - |
| 10 | Phillips Edison & Company | 4.94 Bn | 4.94 Bn | - | 141.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 241.44 Mn |
| Mar 31, 2026 | 28.67 Mn |
| Jun 30, 2025 | 260.09 Mn |
| Mar 31, 2025 | 6.84 Mn |
| Dec 31, 2024 | 128.39 Mn |
| Sep 30, 2024 | 583,000.00 |
| Jun 30, 2024 | 34.52 Mn |
| Mar 31, 2024 | 7.33 Mn |
| Dec 31, 2023 | 25.77 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | 31.82 Mn |
| Mar 31, 2023 | 14.87 Mn |
| Dec 31, 2022 | 19.93 Mn |
| Sep 30, 2022 | 15.00 Mn |
| Jun 30, 2022 | 10.69 Mn |
| Mar 31, 2022 | 7.02 Mn |
| Dec 31, 2021 | 2.62 Mn |
| Sep 30, 2021 | 11.80 Mn |
| Jun 30, 2021 | 7.45 Mn |
| Mar 31, 2021 | 8.65 Mn |