Growth Metrics

Macerich (MAC) Operating Expenses (2016 - 2025)

Macerich (MAC) has disclosed Operating Expenses for 17 consecutive years, with $281.7 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 347.59% year-over-year to $281.7 million, compared with a TTM value of $575.0 million through Dec 2025, up 94.91%, and an annual FY2025 reading of $1.1 billion, up 50.0% over the prior year.
  • Operating Expenses was $281.7 million for Q4 2025 at Macerich, up from $6.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $286.4 million in Q1 2025 and bottomed at $6.9 million in Q3 2025.
  • Average Operating Expenses over 5 years is $171.4 million, with a median of $228.4 million recorded in 2022.
  • The sharpest move saw Operating Expenses tumbled 96.76% in 2021, then surged 2983.03% in 2022.
  • Year by year, Operating Expenses stood at $7.7 million in 2021, then soared by 2983.03% to $237.1 million in 2022, then dropped by 25.15% to $177.5 million in 2023, then crashed by 64.54% to $62.9 million in 2024, then skyrocketed by 347.59% to $281.7 million in 2025.
  • Business Quant data shows Operating Expenses for MAC at $281.7 million in Q4 2025, $6.9 million in Q3 2025, and $286.4 million in Q1 2025.