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Macerich (MAC) Operating Expenses (2016 - 2025)

Macerich's Operating Expenses history spans 17 years, with the latest figure at $281.7 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 4.91% year-over-year to $281.7 million; the TTM value through Dec 2025 reached $1.1 billion, up 17.83%, while the annual FY2025 figure was $1.1 billion, 17.83% up from the prior year.
  • Operating Expenses reached $281.7 million in Q4 2025 per MAC's latest filing, roughly flat from $281.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $394.8 million in Q4 2022 to a low of $41.1 million in Q4 2021.
  • Average Operating Expenses over 5 years is $226.2 million, with a median of $230.7 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: plummeted 62.99% in 2021, then skyrocketed 860.91% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $41.1 million in 2021, then surged by 860.91% to $394.8 million in 2022, then plummeted by 51.14% 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.
  • Per Business Quant, the three most recent readings for MAC's Operating Expenses are $281.7 million (Q4 2025), $281.1 million (Q3 2025), and $280.6 million (Q2 2025).