Macerich (MAC) FCF Payout Ratio (2009 - 2026)
Macerich (MAC) reported FCF Payout Ratio of 1.01 for Q1 2026, up 76.63% on a YoY basis from 0.57 in Q1 2025, and up 135.58% quarter-over-quarter from 2.83 in Q4 2025.
Macerich (MAC) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Macerich has reported FCF Payout Ratio for 18 years, with the latest figure at 1.01 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio rose 76.63% year-over-year to 1.01; the trailing twelve-month figure through Mar 2026 stood at 0.09 (down 316.63% YoY), and the FY2025 full-year result was 0.0, changed N/A from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 1.01, up from 2.83 in the prior quarter.
- The five-year high for FCF Payout Ratio was 3.06 in Q4 2022, with the low at 3.13 in Q4 2024.
- Historically, FCF Payout Ratio has averaged 0.09 across 5 years, with a median of 0.6 in 2025.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio soared 707.98% — and 2023, when it sank 176.1%.
- Macerich's FCF Payout Ratio stood at 3.06 in 2022, then sank by 176.1% to 2.33 in 2023, then tumbled by 34.18% to 3.13 in 2024, then grew by 9.59% to 2.83 in 2025, then jumped by 135.58% to 1.01 in 2026.
- The last three FCF Payout Ratio figures came in at 1.01 (Q1 2026), 2.83 (Q4 2025), and 0.33 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 0.12 |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 0.01 |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 0.01 |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 0.02 |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | -0.52 |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | 0.00 |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 2.54 |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | -0.31 |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | 1.01 |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.01 |
| Dec 31, 2025 | -2.83 |
| Sep 30, 2025 | -0.33 |
| Jun 30, 2025 | 0.86 |
| Mar 31, 2025 | 0.57 |
| Dec 31, 2024 | -3.13 |
| Sep 30, 2024 | 0.49 |
| Jun 30, 2024 | 0.79 |
| Mar 31, 2024 | 0.73 |
| Dec 31, 2023 | -2.33 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 1.50 |
| Mar 31, 2023 | 0.63 |
| Dec 31, 2022 | 3.06 |
| Jun 30, 2022 | -0.72 |
| Mar 31, 2022 | 0.71 |
| Dec 31, 2021 | 0.38 |
| Sep 30, 2021 | 1.20 |
| Jun 30, 2021 | -0.50 |
| Mar 31, 2021 | 0.61 |