Macerich (MAC) Capital Expenditures (2009 - 2026)
Macerich's Capital Expenditures was $25.07 million in Q2 2026, up 134.2% from $10.7 million a year earlier but down 12.6% from the prior quarter.
Macerich (MAC) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Macerich's Capital Expenditures was $102.61 million through Jun 30, 2026, up 94.5% year-over-year; for FY2025, it was $66.42 million, up 13.9% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 23.5% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $58.33 million in FY2024 (-21.8%), $74.56 million in FY2023 (+41.6%), $52.64 million in FY2022 (+72.5%) and $30.52 million in FY2021 (+31.9%).
- Quarterly Capital Expenditures has moved between $2.62 million (Q4 2021) and $31.08 million (Q4 2025) over five years.
- Compared with a year earlier, Capital Expenditures has increased for three straight quarters, with growth averaging 63.4% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2022 (growth of 662.1%); the worst was Q1 2024 (a decline of 50.7%).
- Per Business Quant data, MAC's Capital Expenditures in the three quarters before Q2 2026 was $28.67 million (Q1 2026), $31.08 million (Q4 2025) and $17.79 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 319.29 Mn |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | - |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | 254.90 Mn |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 57.19 Mn |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 56.02 Mn |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 101.83 Mn |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 31.76 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 21.69 Mn |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | Macerich | 6.41 Bn | 6.49 Bn | 147.76 Mn | 25.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.07 Mn |
| Mar 31, 2026 | 28.67 Mn |
| Dec 31, 2025 | 31.08 Mn |
| Sep 30, 2025 | 17.79 Mn |
| Jun 30, 2025 | 10.70 Mn |
| Mar 31, 2025 | 6.84 Mn |
| Dec 31, 2024 | 15.90 Mn |
| Sep 30, 2024 | 19.30 Mn |
| Jun 30, 2024 | 15.80 Mn |
| Mar 31, 2024 | 7.33 Mn |
| Dec 31, 2023 | 25.77 Mn |
| Sep 30, 2023 | 13.43 Mn |
| Jun 30, 2023 | 20.50 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 |
Macerich Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();