Macerich (MAC) Operating Leases (2019 - 2026)
Macerich's (MAC) quarterly Operating Leases came in at $65.1 million in Q1 2026, down 0.54% YoY from $65.5 million in Q1 2025, and down 2.73% on a QoQ basis from $67.0 million in Q4 2025.
Macerich (MAC) Operating Leases (2019 - 2026) Analysis & Trends
Macerich (MAC) has 8 years of Operating Leases data on file, last reported at $65.1 million in Q1 2026.
- Quarterly Operating Leases fell 0.54% year-over-year to $65.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $65.1 million (down 0.54% YoY) and the FY2025 annual result came in at $67.0 million, down 6.56% from the prior year.
- Operating Leases eased to $65.1 million in Q1 2026, from $67.0 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 $65.1 million in Q1 2026.
- A 5-year average of $81.6 million and a median of $81.7 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases gained 17.59% — and 2025, when it dropped 19.84%.
- Tracing MAC's Operating Leases over 5 years: stood at $94.9 million in 2022, then fell by 11.51% to $84.0 million in 2023, then retreated by 14.65% to $71.7 million in 2024, then decreased by 6.56% to $67.0 million in 2025, then retreated by 2.73% to $65.1 million in 2026.
- The last three Operating Leases figures came in at $65.1 million (Q1 2026), $67.0 million (Q4 2025), and $69.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 72.47 Bn | 72.47 Bn | 1.76 Bn |
| 2 | Realty Income | 57.84 Bn | 57.84 Bn | - |
| 3 | Kimco Realty | 16.15 Bn | 16.15 Bn | 455.67 Mn |
| 4 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - |
| 6 | Nnn Reit | 8.70 Bn | 8.70 Bn | - |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.44 Mn |
| Mar 31, 2026 | 65.15 Mn |
| Dec 31, 2025 | 66.98 Mn |
| Sep 30, 2025 | 69.73 Mn |
| Jun 30, 2025 | 71.54 Mn |
| Mar 31, 2025 | 65.51 Mn |
| Dec 31, 2024 | 71.68 Mn |
| Sep 30, 2024 | 73.03 Mn |
| Jun 30, 2024 | 79.73 Mn |
| Mar 31, 2024 | 81.71 Mn |
| Dec 31, 2023 | 83.99 Mn |
| Sep 30, 2023 | 85.73 Mn |
| Jun 30, 2023 | 88.17 Mn |
| Mar 31, 2023 | 92.01 Mn |
| Dec 31, 2022 | 94.91 Mn |
| Sep 30, 2022 | 97.68 Mn |
| Jun 30, 2022 | 98.43 Mn |
| Mar 31, 2022 | 101.24 Mn |
| Dec 31, 2021 | 80.71 Mn |
| Sep 30, 2021 | 83.46 Mn |