Macerich (MAC) Interest Expenses (2009 - 2024)
Macerich's (MAC) quarterly Interest Expenses came in at $113.2 million in Q1 2026, down 2.29% YoY from $115.8 million in Q1 2025, and up 190.41% on a QoQ basis from -$125.2 million in Q4 2025.
Analysis
Macerich (MAC) Interest Expenses (2009 - 2024) Analysis & Trends
Macerich (MAC) has 18 years of Interest Expenses data on file, last reported at $113.2 million in Q1 2026.
- Quarterly Interest Expenses fell 2.29% year-over-year to $113.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $113.2 million (down 2.29% YoY) and the FY2025 annual result came in at $207.9 million, up 11.58% from the prior year.
- Interest Expenses grew to $113.2 million in Q1 2026, from -$125.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $127.0 million in Q1 2024 to a low of -$125.2 million in Q4 2025.
- A 5-year average of $69.9 million and a median of $64.1 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 274.79% — and 2025, when it plunged 404.06%.
- Tracing MAC's Interest Expenses over 5 years: stood at $44.8 million in 2022, then surged by 181.25% to $125.9 million in 2023, then sank by 119.72% to -$24.8 million in 2024, then sank by 404.06% to -$125.2 million in 2025, then jumped by 190.41% to $113.2 million in 2026.
- The last three Interest Expenses figures came in at $113.2 million (Q1 2026), -$125.2 million (Q4 2025), and $120.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 68.54 Bn | 68.54 Bn | 1.76 Bn | 272.33 Mn |
| 2 | Realty Income | 57.28 Bn | 57.28 Bn | - | 312.08 Mn |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | 83.91 Mn |
| 4 | Federal Realty Investment Trust | 10.18 Bn | 10.18 Bn | 271.22 Mn | 50.01 Mn |
| 5 | Agree Realty | 8.71 Bn | 8.70 Bn | - | 40.28 Mn |
| 6 | Nnn Reit | 8.55 Bn | 8.55 Bn | - | 53.49 Mn |
| 7 | Essential Properties Realty Trust | 6.48 Bn | 6.48 Bn | - | 30.27 Mn |
| 8 | Macerich | 6.41 Bn | 6.41 Bn | 171.77 Mn | - |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | 31.74 Mn |
| 10 | Phillips Edison & Company | 4.94 Bn | 4.94 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 73.66 Mn |
| Dec 31, 2023 | 75.47 Mn |
| Sep 30, 2023 | 73.22 Mn |
| Jun 30, 2023 | 72.64 Mn |
| Mar 31, 2023 | 64.11 Mn |
| Dec 31, 2022 | 58.22 Mn |
| Sep 30, 2022 | 53.10 Mn |
| Jun 30, 2022 | 51.96 Mn |
| Mar 31, 2022 | 51.86 Mn |
| Dec 31, 2021 | 61.47 Mn |
| Sep 30, 2021 | 40.34 Mn |
| Jun 30, 2021 | 54.91 Mn |
| Mar 31, 2021 | 53.90 Mn |
| Dec 31, 2020 | 10.26 Mn |
| Sep 30, 2020 | 37.18 Mn |
| Jun 30, 2020 | 20.03 Mn |
| Mar 31, 2020 | 8.07 Mn |
| Dec 31, 2019 | 47.99 Mn |
| Sep 30, 2019 | 14.80 Mn |
| Jun 30, 2019 | 37.11 Mn |