Macerich (MAC) Free Cash Flow (2009 - 2026)
Macerich (MAC) reported Free Cash Flow of $48.7 million for Q1 2026, down 44.95% on a YoY basis from $88.5 million in Q1 2025, and down 2.98% quarter-over-quarter from $50.2 million in Q4 2025.
Macerich (MAC) Free Cash Flow (2009 - 2026) Analysis & Trends
Macerich has reported Free Cash Flow for 18 years, with the latest figure at $48.7 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 44.95% year-over-year to $48.7 million; the trailing twelve-month figure through Mar 2026 stood at $14.9 million (down 94.27% YoY), and the FY2025 full-year result was $54.7 million, down 75.71% from the prior year.
- Free Cash Flow for Q1 2026 stood at $48.7 million, down from $50.2 million in the prior quarter.
- The five-year high for Free Cash Flow was $136.9 million in Q3 2022, with the low at -$137.0 million in Q3 2025.
- Historically, Free Cash Flow has averaged $52.4 million across 5 years, with a median of $53.8 million in 2024.
- Annual changes were most pronounced in 2024 — Free Cash Flow surged 97.23% — and 2025, when it sank 268.4%.
- Macerich's Free Cash Flow stood at $60.7 million in 2022, then slipped by 15.16% to $51.5 million in 2023, then declined by 25.48% to $38.4 million in 2024, then jumped by 30.84% to $50.2 million in 2025, then decreased by 2.98% to $48.7 million in 2026.
- The last three Free Cash Flow figures came in at $48.7 million (Q1 2026), $50.2 million (Q4 2025), and -$137.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 948.84 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 848.19 Mn |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 258.37 Mn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 129.89 Mn |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | -190.05 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | -267.18 Mn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 44.76 Mn |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | -211.20 Mn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | 48.71 Mn |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - | 45.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.71 Mn |
| Mar 31, 2026 | 48.71 Mn |
| Dec 31, 2025 | 50.20 Mn |
| Dec 31, 2025 | 50.20 Mn |
| Sep 30, 2025 | -136.99 Mn |
| Sep 30, 2025 | -136.99 Mn |
| Jun 30, 2025 | 52.98 Mn |
| Jun 30, 2025 | 52.98 Mn |
| Mar 31, 2025 | 88.49 Mn |
| Mar 31, 2025 | 88.49 Mn |
| Dec 31, 2024 | 38.37 Mn |
| Dec 31, 2024 | 38.37 Mn |
| Sep 30, 2024 | 81.35 Mn |
| Sep 30, 2024 | 81.35 Mn |
| Jun 30, 2024 | 51.63 Mn |
| Jun 30, 2024 | 51.63 Mn |
| Mar 31, 2024 | 53.77 Mn |
| Mar 31, 2024 | 53.77 Mn |
| Dec 31, 2023 | 51.49 Mn |
| Dec 31, 2023 | 51.49 Mn |