Growth Metrics

Macerich (MAC) Invested Capital (2016 - 2026)

Macerich filings provide 17 years of Invested Capital readings, the most recent being $2.4 billion for Q4 2025.

  • On a quarterly basis, Invested Capital fell 11.3% to $2.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.4 billion, a 11.3% decrease, with the full-year FY2025 number at $2.4 billion, down 11.3% from a year prior.
  • Invested Capital hit $2.4 billion in Q4 2025 for Macerich, down from $2.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $3.2 billion in Q3 2021 to a low of $2.4 billion in Q1 2024.
  • Median Invested Capital over the past 5 years was $2.8 billion (2023), compared with a mean of $2.8 billion.
  • Biggest five-year swings in Invested Capital: rose 29.62% in 2021 and later dropped 17.33% in 2024.
  • Macerich's Invested Capital stood at $3.2 billion in 2021, then fell by 7.17% to $3.0 billion in 2022, then fell by 14.31% to $2.5 billion in 2023, then rose by 8.77% to $2.8 billion in 2024, then decreased by 11.3% to $2.4 billion in 2025.
  • The last three reported values for Invested Capital were $2.4 billion (Q4 2025), $2.5 billion (Q3 2025), and $2.7 billion (Q2 2025) per Business Quant data.