Macerich (MAC) Gross Margin (2017 - 2026)

Macerich has reported Gross Margin for 10 years, with the latest figure at 65.53% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 1212.0% year-over-year to 65.53%; the trailing twelve-month figure through Mar 2026 stood at 75.99% (down 670.0% YoY), and the FY2025 full-year result was 78.16%, up 125.0% from the prior year.
• Gross Margin for Q1 2026 stood at 65.53%, down from 78.31% in the prior quarter.
• The five-year high for Gross Margin was 95.5% in Q3 2024, with the low at 65.0% in Q3 2023.
• Historically, Gross Margin has averaged 77.99% across 5 years, with a median of 73.24% in 2024.
• Annual changes were most pronounced in 2023 — Gross Margin sank 2791 bps — and 2024, when it soared 3050 bps.
• Macerich's Gross Margin stood at 87.85% in 2022, then dropped by 22 bps to 68.52% in 2023, then gained by 23 bps to 84.39% in 2024, then retreated by 7 bps to 78.31% in 2025, then decreased by 16 bps to 65.53% in 2026.
• The last three Gross Margin figures came in at 65.53% (Q1 2026), 78.31% (Q4 2025), and 68.51% (Q3 2025), per Business Quant data.