Macerich (MAC) Invested Capital (2009 - 2026)
Macerich (MAC) recorded Invested Capital of $7.76 billion in Q2 2026, down 1.7% from $7.89 billion a year earlier but up 5.3% from the prior quarter.
Powered by 
Analysis
Macerich (MAC) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Macerich reported Invested Capital of $7.6 billion, down 1.8% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 1.6% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $7.74 billion in FY2024 (+16.1%), $6.66 billion in FY2023 (-7.3%), $7.19 billion in FY2022 (-5.4%) and $7.6 billion in FY2021 (+8.5%).
- Quarterly Invested Capital has ranged from $6.46 billion in Q1 2024 to $7.98 billion in Q1 2025 over the past five years.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with growth averaging 7.0% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 23.5% in Q1 2025, against a decline of 8.5% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.36 billion (Q1 2026), $7.6 billion (Q4 2025) and $7.66 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 61.73 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 6.50 Bn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 46.09 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 13.79 Bn |
| 10 | Macerich | 6.35 Bn | 6.44 Bn | 147.76 Mn | 7.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.76 Bn |
| Mar 31, 2026 | 7.36 Bn |
| Dec 31, 2025 | 7.60 Bn |
| Sep 30, 2025 | 7.66 Bn |
| Jun 30, 2025 | 7.89 Bn |
| Mar 31, 2025 | 7.98 Bn |
| Dec 31, 2024 | 7.74 Bn |
| Sep 30, 2024 | 6.93 Bn |
| Jun 30, 2024 | 6.96 Bn |
| Mar 31, 2024 | 6.46 Bn |
| Dec 31, 2023 | 6.66 Bn |
| Sep 30, 2023 | 6.66 Bn |
| Jun 30, 2023 | 6.98 Bn |
| Mar 31, 2023 | 7.06 Bn |
| Dec 31, 2022 | 7.19 Bn |
| Sep 30, 2022 | 7.24 Bn |
| Jun 30, 2022 | 7.42 Bn |
| Mar 31, 2022 | 7.52 Bn |
| Dec 31, 2021 | 7.60 Bn |
| Sep 30, 2021 | 7.67 Bn |
API Access
Macerich Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=MAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "MAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=MAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();