Growth Metrics

Macerich (MAC) Operating Income (2017 - 2025)

Macerich's Operating Income history spans 9 years, with the latest figure at $60.1 million for Q4 2025.

  • For Q4 2025, Operating Income fell 57.68% year-over-year to $60.1 million; the TTM value through Dec 2025 reached -$225.6 million, down 1106.86%, while the annual FY2025 figure was -$200.4 million, 174.61% down from the prior year.
  • Operating Income reached $60.1 million in Q4 2025 per MAC's latest filing, up from -$107.6 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $142.0 million in Q4 2024 to a low of -$176.7 million in Q4 2022.
  • Average Operating Income over 5 years is -$53.3 million, with a median of -$70.1 million recorded in 2021.
  • Peak YoY movement for Operating Income: surged 309.38% in 2021, then tumbled 606.49% in 2025.
  • A 5-year view of Operating Income shows it stood at -$69.3 million in 2021, then tumbled by 154.81% to -$176.7 million in 2022, then grew by 4.59% to -$168.6 million in 2023, then surged by 184.26% to $142.0 million in 2024, then plummeted by 57.68% to $60.1 million in 2025.
  • Per Business Quant, the three most recent readings for MAC's Operating Income are $60.1 million (Q4 2025), -$107.6 million (Q3 2025), and -$85.2 million (Q2 2025).