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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.38 Bn | 72.38 Bn | 1.76 Bn | 98.03% |
| 2 | Realty Income | 57.85 Bn | 57.85 Bn | - | - |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | 82.73% |
| 4 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn | 80.79% |
| 5 | Agree Realty | 8.87 Bn | 8.85 Bn | - | - |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - | - |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn | 68.79% |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - | - |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | - |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 68.79% |
| Mar 31, 2026 | 65.53% |
| Dec 31, 2025 | 108.89% |
| Sep 30, 2025 | 78.44% |
| Jun 30, 2025 | 78.20% |
| Mar 31, 2025 | 77.65% |
| Dec 31, 2024 | 43.54% |
| Sep 30, 2024 | 75.62% |
| Jun 30, 2024 | 95.52% |
| Mar 31, 2024 | 94.94% |
| Dec 31, 2023 | 68.89% |
| Sep 30, 2023 | 65.00% |
| Jun 30, 2023 | 71.96% |
| Mar 31, 2023 | 94.69% |
| Dec 31, 2022 | -6.17% |
| Sep 30, 2022 | 66.59% |
| Jun 30, 2022 | 91.30% |
| Mar 31, 2022 | 95.04% |
| Dec 31, 2021 | 165.96% |
| Sep 30, 2021 | 95.25% |