Macerich (MAC) EBITDA (2017 - 2026)
Macerich's (MAC) quarterly EBITDA came in at -$119.8 million in Q1 2026, down 28.94% YoY from -$168.5 million in Q1 2025, and down 3745.66% on a QoQ basis from $3.3 million in Q4 2025.
Macerich (MAC) EBITDA (2017 - 2026) Analysis & Trends
Macerich (MAC) has 10 years of EBITDA data on file, last reported at -$119.8 million in Q1 2026.
- Quarterly EBITDA fell 28.94% year-over-year to -$119.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$284.1 million (up 13.38% YoY) and the FY2025 annual result came in at -$337.3 million, down 33.52% from the prior year.
- EBITDA slipped to -$119.8 million in Q1 2026, from $3.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $26.0 million in Q1 2023 to a low of -$408.9 million in Q4 2022.
- A 5-year average of -$75.0 million and a median of -$73.7 million in 2024 frame the typical range for EBITDA.
- The widest YoY moves for EBITDA: up 209.91% in 2023, down 750.32% in 2023.
- Tracing MAC's EBITDA over 5 years: stood at -$408.9 million in 2022, then surged by 93.04% to -$28.4 million in 2023, then slumped by 425.04% to -$149.4 million in 2024, then surged by 102.2% to $3.3 million in 2025, then slumped by 3745.66% to -$119.8 million in 2026.
- The last three EBITDA figures came in at -$119.8 million (Q1 2026), $3.3 million (Q4 2025), and -$82.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.80 Bn | 72.80 Bn | 1.76 Bn | 890.67 Mn |
| 2 | Realty Income | 57.71 Bn | 57.71 Bn | - | 815.12 Mn |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | 196.14 Mn |
| 4 | Federal Realty Investment Trust | 10.03 Bn | 10.03 Bn | 271.22 Mn | 138.66 Mn |
| 5 | Agree Realty | 8.85 Bn | 8.84 Bn | - | 95.31 Mn |
| 6 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 151.38 Mn |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn | -105.66 Mn |
| 8 | Essential Properties Realty Trust | 6.52 Bn | 6.52 Bn | - | 104.42 Mn |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | - |
| 10 | Phillips Edison & Company | 5.00 Bn | 5.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -105.66 Mn |
| Mar 31, 2026 | -119.76 Mn |
| Dec 31, 2025 | 3.29 Mn |
| Sep 30, 2025 | -82.43 Mn |
| Jun 30, 2025 | -85.22 Mn |
| Mar 31, 2025 | -92.88 Mn |
| Dec 31, 2024 | -149.38 Mn |
| Sep 30, 2024 | -73.70 Mn |
| Jun 30, 2024 | -12.06 Mn |
| Mar 31, 2024 | -33.87 Mn |
| Dec 31, 2023 | -28.45 Mn |
| Sep 30, 2023 | -89.90 Mn |
| Jun 30, 2023 | -76.89 Mn |
| Mar 31, 2023 | 25.97 Mn |
| Dec 31, 2022 | -408.88 Mn |
| Sep 30, 2022 | -39.16 Mn |
| Jun 30, 2022 | 11.82 Mn |
| Mar 31, 2022 | -23.63 Mn |
| Dec 31, 2021 | 339.64 Mn |
| Sep 30, 2021 | -13.85 Mn |