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
DateValue
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