Macerich MAC
NYSE MAC
$23.42 -0.10 (-0.43%)
At close: Sep 2, 2026 · 4:00 PM EDT

Macerich (MAC) Gross Margin (2017 - 2026)

Macerich's (MAC) quarterly Gross Margin came in at 65.53% in Q1 2026, down 1212.0% YoY from 5.89% in Q1 2025, and down 39.82% on a QoQ basis from 108.89% in Q4 2025.

Analysis

Macerich (MAC) Gross Margin (2017 - 2026) Analysis & Trends

Macerich (MAC) has 10 years of Gross Margin data on file, last reported at 65.53% in Q1 2026.

  • Quarterly Gross Margin fell 1212.0% year-over-year to 65.53% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 83.2% (up 1174.0% YoY) and the FY2025 annual result came in at 78.16%, up 125.0% from the prior year.
  • Gross Margin eased to 65.53% in Q1 2026, from 108.89% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 108.89% in Q4 2025 to a low of 6.17% in Q4 2022.
  • A 5-year average of 74.45% and a median of 77.65% in 2025 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin plunged 17213 bps — and 2023, when it jumped 7506 bps.
  • Tracing MAC's Gross Margin over 5 years: stood at 6.17% in 2022, then soared by 1216 bps to 68.89% in 2023, then slumped by 37 bps to 43.54% in 2024, then surged by 150 bps to 108.89% in 2025, then tumbled by 40 bps to 65.53% in 2026.
  • The last three Gross Margin figures came in at 65.53% (Q1 2026), 108.89% (Q4 2025), and 78.44% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Simon Property 68.54 Bn 68.54 Bn 1.76 Bn 98.03%
2 Realty Income 57.28 Bn 57.28 Bn - -
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn 82.73%
4 Federal Realty Investment Trust 10.18 Bn 10.18 Bn 271.22 Mn 80.79%
5 Agree Realty 8.71 Bn 8.70 Bn - -
6 Nnn Reit 8.55 Bn 8.55 Bn - -
7 Essential Properties Realty Trust 6.48 Bn 6.48 Bn - -
8 Macerich 6.41 Bn 6.41 Bn 171.77 Mn 68.79%
9 Kite Realty Group Trust 5.30 Bn 5.30 Bn - -
10 Phillips Edison & Company 4.94 Bn 4.94 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 68.79%
Mar 31, 2026 65.53%
Dec 31, 2025 68.83%
Sep 30, 2025 68.51%
Jun 30, 2025 68.03%
Mar 31, 2025 65.83%
Dec 31, 2024 68.17%
Sep 30, 2024 65.89%
Jun 30, 2024 67.31%
Mar 31, 2024 64.47%
Dec 31, 2023 68.89%
Sep 30, 2023 65.00%
Jun 30, 2023 67.06%
Mar 31, 2023 66.71%
Dec 31, 2022 68.21%
Sep 30, 2022 64.55%
Jun 30, 2022 65.83%
Mar 31, 2022 66.26%
Dec 31, 2021 64.90%
Sep 30, 2021 63.37%