Macerich (MAC) Net Margin (2009 - 2026)

Macerich has reported Net Margin for 18 years, with the latest figure at 66.34% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin fell 1097.0% year-over-year to 66.34%; the trailing twelve-month figure through Mar 2026 stood at 51.84% (down 2249.0% YoY), and the FY2025 full-year result was 49.99%, down 1515.0% from the prior year.
• Net Margin for Q1 2026 stood at 66.34%, down from 44.81% in the prior quarter.
• The five-year high for Net Margin was 16.01% in Q4 2024, with the low at 66.34% in Q1 2026.
• Historically, Net Margin has averaged 38.33% across 5 years, with a median of 38.2% in 2023.
• Annual changes were most pronounced in 2022 — Net Margin sank 11271 bps — and 2024, when it soared 5043 bps.
• Macerich's Net Margin stood at 24.55% in 2022, then sank by 40 bps to 34.41% in 2023, then surged by 147 bps to 16.01% in 2024, then tumbled by 380 bps to 44.81% in 2025, then tumbled by 48 bps to 66.34% in 2026.
• The last three Net Margin figures came in at 66.34% (Q1 2026), 44.81% (Q4 2025), and 58.8% (Q3 2025), per Business Quant data.