Macerich (MAC) FCF Margin (2009 - 2026)
Macerich (MAC) reported FCF Margin of 20.17% for Q1 2026, down 1534.0% on a YoY basis from 1.41% in Q1 2025, and up 5.12% quarter-over-quarter from 19.18% in Q4 2025.
Macerich (MAC) FCF Margin (2009 - 2026) Analysis & Trends
Macerich has reported FCF Margin for 18 years, with the latest figure at 20.17% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1534.0% year-over-year to 20.17%; the trailing twelve-month figure through Mar 2026 stood at 1.48% (down 2562.0% YoY), and the FY2025 full-year result was 5.39%, down 1912.0% from the prior year.
- FCF Margin for Q1 2026 stood at 20.17%, up from 19.18% in the prior quarter.
- The five-year high for FCF Margin was 64.95% in Q3 2022, with the low at 54.09% in Q3 2025.
- Historically, FCF Margin has averaged 23.64% across 5 years, with a median of 25.75% in 2024.
- Annual changes were most pronounced in 2022 — FCF Margin soared 2403 bps — and 2025, when it plunged 9103 bps.
- Macerich's FCF Margin stood at 26.59% in 2022, then dropped by 19 bps to 21.57% in 2023, then tumbled by 35 bps to 14.02% in 2024, then jumped by 37 bps to 19.18% in 2025, then grew by 5 bps to 20.17% in 2026.
- The last three FCF Margin figures came in at 20.17% (Q1 2026), 19.18% (Q4 2025), and 54.09% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 67.46 Bn | 67.84 Bn | 1.76 Bn | 52.96% |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 54.77% |
| 3 | Kimco Realty | 16.36 Bn | 16.39 Bn | 447.43 Mn | 47.63% |
| 4 | Regency Centers | 14.49 Bn | 14.61 Bn | - | 31.49% |
| 5 | Federal Realty Investment Trust | 10.47 Bn | 10.54 Bn | 265.49 Mn | -56.55% |
| 6 | Agree Realty | 8.78 Bn | 8.76 Bn | - | -133.14% |
| 7 | Nnn Reit | 8.52 Bn | 8.52 Bn | - | 18.62% |
| 8 | Essential Properties Realty Trust | 6.32 Bn | 6.32 Bn | - | -133.00% |
| 9 | Kite Realty Group Trust | 6.09 Bn | 6.20 Bn | - | 22.28% |
| 10 | Macerich | 6.03 Bn | 5.83 Bn | 158.29 Mn | 20.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.17% |
| Dec 31, 2025 | 19.18% |
| Sep 30, 2025 | -54.09% |
| Jun 30, 2025 | 21.21% |
| Mar 31, 2025 | 35.51% |
| Dec 31, 2024 | 14.02% |
| Sep 30, 2024 | 36.94% |
| Jun 30, 2024 | 23.95% |
| Mar 31, 2024 | 25.75% |
| Dec 31, 2023 | 21.57% |
| Sep 30, 2023 | 48.27% |
| Jun 30, 2023 | 12.33% |
| Mar 31, 2023 | 30.65% |
| Dec 31, 2022 | 26.59% |
| Sep 30, 2022 | 64.95% |
| Jun 30, 2022 | 27.93% |
| Mar 31, 2022 | 27.03% |
| Dec 31, 2021 | 44.74% |
| Sep 30, 2021 | 40.92% |
| Jun 30, 2021 | 24.76% |