Macerich (MAC) FCF Margin (2009 - 2026)
Macerich's FCF Margin was 16.74% in Q2 2026, down 7.20 percentage points from 23.95% a year earlier and down 3.43 percentage points from the prior quarter.
Powered by 
Analysis
Macerich (MAC) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Macerich's FCF Margin was 20.30% through Jun 30, 2026, down 6.01 percentage points year-over-year; for FY2025, it came in at 25.17%, up 0.65 percentage points from FY2024.
- FCF Margin shows a five-year change of +12.23 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 24.52% in FY2024 (-0.47 pp), 24.99% in FY2023 (-8.17 pp), 33.16% in FY2022 (+2.97 pp) and 30.19% in FY2021 (+17.25 pp).
- Quarterly FCF Margin has moved between 7.31% (Q4 2025) and 73.36% (Q3 2022) over five years.
- Compared with a year earlier, FCF Margin has declined for three straight quarters, with an average year-over-year change of -2.64 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q3 2022 (a gain of 32.43 percentage points); the worst was Q3 2023 (a drop of 30.28 percentage points).
- Per Business Quant data, MAC's FCF Margin in the three quarters before Q2 2026 was 20.17% (Q1 2026), 7.31% (Q4 2025) and 37.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | - |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | 52.96% |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 70.29% |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 65.90% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | Macerich | 6.41 Bn | 6.49 Bn | 147.76 Mn | 16.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.74% |
| Mar 31, 2026 | 20.17% |
| Dec 31, 2025 | 7.31% |
| Sep 30, 2025 | 37.35% |
| Jun 30, 2025 | 23.95% |
| Mar 31, 2025 | 32.76% |
| Dec 31, 2024 | 14.24% |
| Sep 30, 2024 | 36.66% |
| Jun 30, 2024 | 23.95% |
| Mar 31, 2024 | 25.75% |
| Dec 31, 2023 | 9.89% |
| Sep 30, 2023 | 43.08% |
| Jun 30, 2023 | 17.66% |
| Mar 31, 2023 | 30.65% |
| Dec 31, 2022 | 14.28% |
| Sep 30, 2022 | 73.36% |
| Jun 30, 2022 | 19.25% |
| Mar 31, 2022 | 27.03% |
| Dec 31, 2021 | 31.44% |
| Sep 30, 2021 | 40.92% |
API Access
Macerich FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();