Macerich (MAC) Net Margin (2009 - 2026)
Macerich's (MAC) quarterly Net Margin came in at 96.44% in Q1 2026, down 1270.0% YoY from 8.24% in Q1 2025, and down 296.44% on a QoQ basis from 49.09% in Q4 2025.
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Analysis
Macerich (MAC) Net Margin (2009 - 2026) Analysis & Trends
Macerich (MAC) has 18 years of Net Margin data on file, last reported at 96.44% in Q1 2026.
- Quarterly Net Margin fell 1270.0% year-over-year to 96.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 51.17% (up 1821.0% YoY) and the FY2025 annual result came in at 53.77%, down 596.0% from the prior year.
- Net Margin declined to 96.44% in Q1 2026, from 49.09% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 49.09% in Q4 2025 to a low of 198.66% in Q4 2022.
- A 5-year average of 63.11% and a median of 64.4% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin sank 34260 bps — and 2023, when it surged 13426 bps.
- Tracing MAC's Net Margin over 5 years: stood at 198.66% in 2022, then jumped by 68 bps to 64.4% in 2023, then rose by 29 bps to 45.51% in 2024, then jumped by 208 bps to 49.09% in 2025, then plunged by 296 bps to 96.44% in 2026.
- The last three Net Margin figures came in at 96.44% (Q1 2026), 49.09% (Q4 2025), and 79.93% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 68.54 Bn | 68.54 Bn | 1.76 Bn | 170.16% |
| 2 | Realty Income | 57.28 Bn | 57.28 Bn | - | 22.22% |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | 26.46% |
| 4 | Federal Realty Investment Trust | 10.18 Bn | 10.18 Bn | 271.22 Mn | 24.93% |
| 5 | Agree Realty | 8.71 Bn | 8.70 Bn | - | 25.74% |
| 6 | Nnn Reit | 8.55 Bn | 8.55 Bn | - | 40.09% |
| 7 | Essential Properties Realty Trust | 6.48 Bn | 6.48 Bn | - | 46.01% |
| 8 | Macerich | 6.41 Bn | 6.41 Bn | 171.77 Mn | -42.51% |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | 82.19% |
| 10 | Phillips Edison & Company | 4.94 Bn | 4.94 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -42.51% |
| Mar 31, 2026 | -48.49% |
| Dec 31, 2025 | -38.62% |
| Sep 30, 2025 | -42.20% |
| Jun 30, 2025 | -44.21% |
| Mar 31, 2025 | -48.76% |
| Dec 31, 2024 | -29.62% |
| Sep 30, 2024 | -43.45% |
| Jun 30, 2024 | -33.92% |
| Mar 31, 2024 | -81.39% |
| Dec 31, 2023 | -43.26% |
| Sep 30, 2023 | -75.54% |
| Jun 30, 2023 | -75.49% |
| Mar 31, 2023 | -63.20% |
| Dec 31, 2022 | -61.08% |
| Sep 30, 2022 | -70.73% |
| Jun 30, 2022 | -70.87% |
| Mar 31, 2022 | -64.54% |
| Dec 31, 2021 | -63.14% |
| Sep 30, 2021 | -57.47% |