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Macerich (MAC) Operating Leases (2019 - 2026)

Macerich filings provide 7 years of Operating Leases readings, the most recent being $67.0 million for Q4 2025.

  • On a quarterly basis, Operating Leases fell 6.56% to $67.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $67.0 million, a 6.56% decrease, with the full-year FY2025 number at $67.0 million, down 6.56% from a year prior.
  • Operating Leases hit $67.0 million in Q4 2025 for Macerich, down from $69.7 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $101.2 million in Q1 2022 to a low of $65.5 million in Q1 2025.
  • Median Operating Leases over the past 5 years was $83.7 million (2021), compared with a mean of $83.1 million.
  • Biggest five-year swings in Operating Leases: fell 23.21% in 2021 and later rose 17.59% in 2022.
  • Macerich's Operating Leases stood at $80.7 million in 2021, then grew by 17.59% to $94.9 million in 2022, then decreased by 11.51% to $84.0 million in 2023, then fell by 14.65% to $71.7 million in 2024, then dropped by 6.56% to $67.0 million in 2025.
  • The last three reported values for Operating Leases were $67.0 million (Q4 2025), $69.7 million (Q3 2025), and $71.5 million (Q2 2025) per Business Quant data.