Macerich (MAC) Capital Expenditures (2009 - 2026)
Macerich (MAC) reported Capital Expenditures of $28.7 million for Q1 2026, down 88.5% quarter-over-quarter from $249.4 million in Q3 2025.
Macerich (MAC) Capital Expenditures (2009 - 2026) Analysis & Trends
Macerich has reported Capital Expenditures for 18 years, with the latest figure at $28.7 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures changed N/A year-over-year to $28.7 million; the trailing twelve-month figure through Mar 2026 stood at $295.6 million (up 479.58% YoY), and the FY2025 full-year result was $266.9 million, up 357.61% from the prior year.
- Capital Expenditures for Q1 2026 stood at $28.7 million, down from $249.4 million in the prior quarter.
- The five-year high for Capital Expenditures was $249.4 million in Q3 2025, with the low at -$8.2 million in Q4 2022.
- Historically, Capital Expenditures has averaged $28.3 million across 5 years, with a median of $15.8 million in 2024.
- Annual changes were most pronounced in 2022 — Capital Expenditures tumbled 194.2% — and 2025, when it surged 1233.81%.
- Macerich's Capital Expenditures stood at -$8.2 million in 2022, then surged by 74.23% to -$2.1 million in 2023, then surged by 883.9% to $16.5 million in 2024, then soared by 1411.31% to $249.4 million in 2025, then slumped by 88.5% to $28.7 million in 2026.
- The last three Capital Expenditures figures came in at $28.7 million (Q1 2026), $249.4 million (Q3 2025), and $17.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 254.90 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 26.31 Mn |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | - |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 22.84 Mn |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | 334.89 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | 412.34 Mn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 142.27 Mn |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | 310.97 Mn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | 28.67 Mn |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - | 61.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.67 Mn |
| Mar 31, 2026 | 28.67 Mn |
| Sep 30, 2025 | 249.38 Mn |
| Sep 30, 2025 | 249.38 Mn |
| Jun 30, 2025 | 17.54 Mn |
| Jun 30, 2025 | 17.54 Mn |
| Dec 31, 2024 | 16.50 Mn |
| Dec 31, 2024 | 16.50 Mn |
| Sep 30, 2024 | 18.70 Mn |
| Sep 30, 2024 | 18.70 Mn |
| Jun 30, 2024 | 15.80 Mn |
| Jun 30, 2024 | 15.80 Mn |
| Mar 31, 2024 | 7.33 Mn |
| Mar 31, 2024 | 7.33 Mn |
| Dec 31, 2023 | -2.11 Mn |
| Dec 31, 2023 | -2.11 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | 31.82 Mn |
| Jun 30, 2023 | 31.82 Mn |