Growth Metrics

Macerich (MAC) Gross Margin (2017 - 2026)

Macerich filings provide 9 years of Gross Margin readings, the most recent being 78.31% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 5356.0% to 78.31% in Q4 2025 year-over-year; TTM through Dec 2025 was 75.25%, a 1466.0% decrease, with the full-year FY2025 number at 78.16%, down 1291.0% from a year prior.
  • Gross Margin hit 78.31% in Q4 2025 for Macerich, roughly flat from 78.44% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 131.88% in Q4 2024 to a low of 55.55% in Q4 2022.
  • Median Gross Margin over the past 5 years was 73.29% (2023), compared with a mean of 78.81%.
  • Biggest five-year swings in Gross Margin: soared 5853bps in 2024 and later tumbled -5356bps in 2025.
  • Macerich's Gross Margin stood at 63.97% in 2021, then decreased by -13bps to 55.55% in 2022, then surged by 32bps to 73.34% in 2023, then surged by 80bps to 131.88% in 2024, then plummeted by -41bps to 78.31% in 2025.
  • The last three reported values for Gross Margin were 78.31% (Q4 2025), 78.44% (Q3 2025), and 78.2% (Q2 2025) per Business Quant data.