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
DateValue
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