Growth Metrics

Macerich (MAC) Debt to Equity (2016 - 2026)

Macerich filings provide 17 years of Debt to Equity readings, the most recent being $2.07 for Q4 2025.

  • On a quarterly basis, Debt to Equity rose 16.57% to $2.07 in Q4 2025 year-over-year; TTM through Dec 2025 was $2.07, a 16.57% increase, with the full-year FY2025 number at $2.07, up 16.57% from a year prior.
  • Debt to Equity hit $2.07 in Q4 2025 for Macerich, up from $2.02 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $2.07 in Q4 2025 to a low of $1.37 in Q3 2021.
  • Median Debt to Equity over the past 5 years was $1.57 (2021), compared with a mean of $1.63.
  • Biggest five-year swings in Debt to Equity: fell 25.33% in 2021 and later rose 20.56% in 2025.
  • Macerich's Debt to Equity stood at $1.39 in 2021, then rose by 3.24% to $1.44 in 2022, then grew by 13.81% to $1.64 in 2023, then increased by 8.51% to $1.78 in 2024, then rose by 16.57% to $2.07 in 2025.
  • The last three reported values for Debt to Equity were $2.07 (Q4 2025), $2.02 (Q3 2025), and $1.96 (Q2 2025) per Business Quant data.