Growth Metrics

Macerich (MAC) EBITDA (2017 - 2026)

Macerich filings provide 9 years of EBITDA readings, the most recent being -$76.7 million for Q4 2025.

  • On a quarterly basis, EBITDA fell 183.06% to -$76.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$366.7 million, a 175.35% decrease, with the full-year FY2025 number at -$337.3 million, down 175.03% from a year prior.
  • EBITDA hit -$76.7 million in Q4 2025 for Macerich, up from -$82.4 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $92.4 million in Q4 2024 to a low of -$122.4 million in Q1 2025.
  • Median EBITDA over the past 5 years was -$66.9 million (2024), compared with a mean of -$49.0 million.
  • Biggest five-year swings in EBITDA: crashed 1092.37% in 2021 and later soared 618.4% in 2024.
  • Macerich's EBITDA stood at -$88.0 million in 2021, then fell by 25.33% to -$110.3 million in 2022, then soared by 83.85% to -$17.8 million in 2023, then soared by 618.4% to $92.4 million in 2024, then crashed by 183.06% to -$76.7 million in 2025.
  • The last three reported values for EBITDA were -$76.7 million (Q4 2025), -$82.4 million (Q3 2025), and -$85.2 million (Q2 2025) per Business Quant data.