Macerich (MAC) Invested Capital (2009 - 2026)

Macerich (MAC) reported Invested Capital of $2.5 billion for Q1 2026, down 8.46% on a YoY basis from $2.7 billion in Q1 2025, and down 0.6% quarter-over-quarter from $2.5 billion in Q4 2025.

Macerich (MAC) Invested Capital (2009 - 2026) Analysis & Trends

Macerich has reported Invested Capital for 18 years, with the latest figure at $2.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 8.46% year-over-year to $2.5 billion; the trailing twelve-month figure through Mar 2026 stood at $2.5 billion (down 8.46% YoY), and the FY2025 full-year result was $2.5 billion, down 11.23% from the prior year.
  • Invested Capital for Q1 2026 stood at $2.5 billion, down from $2.5 billion in the prior quarter.
  • The five-year high for Invested Capital was $3.1 billion in Q1 2022, with the low at $2.4 billion in Q1 2024.
  • Historically, Invested Capital has averaged $2.7 billion across 5 years, with a median of $2.7 billion in 2025.
  • Annual changes were most pronounced in 2024 — Invested Capital decreased 17.33% — and 2025, when it climbed 15.75%.
  • Macerich's Invested Capital stood at $3.0 billion in 2022, then retreated by 14.31% to $2.5 billion in 2023, then gained by 12.16% to $2.8 billion in 2024, then fell by 11.23% to $2.5 billion in 2025, then declined by 0.6% to $2.5 billion in 2026.
  • The last three Invested Capital figures came in at $2.5 billion (Q1 2026), $2.5 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 33.80 Bn
2 Realty Income 55.47 Bn 56.16 Bn - 39.15 Bn
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 10.54 Bn
4 Regency Centers 14.85 Bn 14.97 Bn - 6.89 Bn
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 3.33 Bn
6 Agree Realty 8.92 Bn 8.90 Bn - 6.24 Bn
7 Nnn Reit 8.68 Bn 8.68 Bn - 4.48 Bn
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 4.39 Bn
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn 2.51 Bn
10 Kite Realty Group Trust 6.26 Bn 6.38 Bn - 6.10 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.51 Bn
Dec 31, 2025 2.53 Bn
Sep 30, 2025 2.51 Bn
Jun 30, 2025 2.66 Bn
Mar 31, 2025 2.74 Bn
Dec 31, 2024 2.85 Bn
Sep 30, 2024 2.59 Bn
Jun 30, 2024 2.60 Bn
Mar 31, 2024 2.37 Bn
Dec 31, 2023 2.54 Bn
Sep 30, 2023 2.51 Bn
Jun 30, 2023 2.82 Bn
Mar 31, 2023 2.87 Bn
Dec 31, 2022 2.96 Bn
Sep 30, 2022 2.99 Bn
Jun 30, 2022 3.07 Bn
Mar 31, 2022 3.12 Bn
Dec 31, 2021 3.19 Bn
Sep 30, 2021 3.25 Bn
Jun 30, 2021 3.14 Bn