Macerich (MAC) Operating Expenses (2016 - 2026)
Macerich filings provide 17 years of Operating Expenses readings, the most recent being $281.7 million for Q4 2025.
- On a quarterly basis, Operating Expenses rose 4.91% to $281.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.1 billion, a 17.83% increase, with the full-year FY2025 number at $1.1 billion, up 17.83% from a year prior.
- Operating Expenses hit $281.7 million in Q4 2025 for Macerich, roughly flat from $281.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $286.4 million in Q1 2025 to a low of $174.5 million in Q2 2022.
- Median Operating Expenses over the past 5 years was $231.9 million (2023), compared with a mean of $228.1 million.
- Biggest five-year swings in Operating Expenses: decreased 23.64% in 2022 and later surged 39.22% in 2024.
- Macerich's Operating Expenses stood at $234.8 million in 2021, then increased by 1.0% to $237.1 million in 2022, then dropped by 18.66% to $192.9 million in 2023, then surged by 39.22% to $268.5 million in 2024, then rose by 4.91% to $281.7 million in 2025.
- The last three reported values for Operating Expenses were $281.7 million (Q4 2025), $281.1 million (Q3 2025), and $280.6 million (Q2 2025) per Business Quant data.