Macerich (MAC) Net Margin (2009 - 2026)
Macerich's Net Margin was -10.84% in Q2 2026, up 5.53 percentage points from -16.38% a year earlier and up 4.21 percentage points from the prior quarter.
Powered by 
Analysis
Macerich (MAC) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Macerich's Net Margin was -16.85% through Jun 30, 2026, up 24.49 percentage points year-over-year; for FY2025, it came in at -19.44%, up 1.70 percentage points from FY2024.
- Net Margin shows a five-year change of +9.84 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -21.14% in FY2024 (+9.86 pp), -31.00% in FY2023 (-23.31 pp), -7.69% in FY2022 (-9.37 pp) and 1.68% in FY2021 (+30.97 pp).
- Quarterly Net Margin has moved between -120.35% (Q3 2023) and 116.93% (Q2 2024) over five years.
- Compared with a year earlier, Net Margin has increased for four straight quarters, with an average year-over-year change of -3.69 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q2 2024 (a gain of 123.98 percentage points); the worst was Q2 2025 (a drop of 133.30 percentage points).
- Per Business Quant data, MAC's Net Margin in the three quarters before Q2 2026 was -15.05% (Q1 2026), -7.17% (Q4 2025) and -34.49% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 43.74% |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | 170.16% |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 22.22% |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 36.52% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 4.08% |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | Macerich | 6.41 Bn | 6.49 Bn | 147.76 Mn | -10.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.84% |
| Mar 31, 2026 | -15.05% |
| Dec 31, 2025 | -7.17% |
| Sep 30, 2025 | -34.49% |
| Jun 30, 2025 | -16.38% |
| Mar 31, 2025 | -20.11% |
| Dec 31, 2024 | -77.18% |
| Sep 30, 2024 | -49.13% |
| Jun 30, 2024 | 116.93% |
| Mar 31, 2024 | -60.70% |
| Dec 31, 2023 | 26.05% |
| Sep 30, 2023 | -120.35% |
| Jun 30, 2023 | -7.05% |
| Mar 31, 2023 | -27.34% |
| Dec 31, 2022 | 0.74% |
| Sep 30, 2022 | -7.21% |
| Jun 30, 2022 | -7.54% |
| Mar 31, 2022 | -17.20% |
| Dec 31, 2021 | -7.44% |
| Sep 30, 2021 | 50.30% |
API Access
Macerich Net Margin 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=net-margin&ticker=MAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();