Macerich (MAC) Debt Ratio (2009 - 2026)

Macerich (MAC) reported Debt Ratio of 0.59 for Q1 2026, down 1.77% on a YoY basis from 0.6 in Q1 2025, and down 2.24% quarter-over-quarter from 0.61 in Q4 2025.

Macerich (MAC) Debt Ratio (2009 - 2026) Analysis & Trends

Macerich has reported Debt Ratio for 18 years, with the latest figure at 0.59 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 1.77% year-over-year to 0.59; the trailing twelve-month figure through Mar 2026 stood at 0.59 (down 1.77% YoY), and the FY2025 full-year result was 0.61, up 6.02% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.59, down from 0.61 in the prior quarter.
  • The five-year high for Debt Ratio was 0.61 in Q4 2025, with the low at 0.52 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.56 across 5 years, with a median of 0.56 in 2024.
  • Annual changes were most pronounced in 2022 — Debt Ratio rose 14.67% — and 2026, when it decreased 1.77%.
  • Macerich's Debt Ratio stood at 0.52 in 2022, then grew by 5.07% to 0.55 in 2023, then rose by 3.78% to 0.57 in 2024, then increased by 6.02% to 0.61 in 2025, then decreased by 2.24% to 0.59 in 2026.
  • The last three Debt Ratio figures came in at 0.59 (Q1 2026), 0.61 (Q4 2025), and 0.6 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 0.00
2 Realty Income 55.47 Bn 56.16 Bn - 0.03
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 0.02
4 Regency Centers 14.85 Bn 14.97 Bn - 0.00
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 0.37
6 Agree Realty 8.92 Bn 8.90 Bn - 0.25
7 Nnn Reit 8.68 Bn 8.68 Bn - 0.04
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 0.11
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn 0.59
10 Kite Realty Group Trust 6.26 Bn 6.38 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.59
Dec 31, 2025 0.61
Sep 30, 2025 0.60
Jun 30, 2025 0.60
Mar 31, 2025 0.60
Dec 31, 2024 0.57
Sep 30, 2024 0.57
Jun 30, 2024 0.56
Mar 31, 2024 0.56
Dec 31, 2023 0.55
Sep 30, 2023 0.55
Jun 30, 2023 0.53
Mar 31, 2023 0.53
Dec 31, 2022 0.52
Sep 30, 2022 0.53
Jun 30, 2022 0.54
Mar 31, 2022 0.54
Dec 31, 2021 0.53
Sep 30, 2021 0.53
Jun 30, 2021 0.52