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
DateValue
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