Macerich (MAC) Operating Leases (2019 - 2026)
Macerich (MAC) reported Operating Leases of $65.1 million for Q1 2026, down 0.54% on a YoY basis from $65.5 million in Q1 2025, and down 2.73% quarter-over-quarter from $67.0 million in Q4 2025.
Macerich (MAC) Operating Leases (2019 - 2026) Analysis & Trends
Macerich has reported Operating Leases for 8 years, with the latest figure at $65.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 0.54% year-over-year to $65.1 million; the trailing twelve-month figure through Mar 2026 stood at $65.1 million (down 0.54% YoY), and the FY2025 full-year result was $67.0 million, down 6.56% from the prior year.
- Operating Leases for Q1 2026 stood at $65.1 million, down from $67.0 million in the prior quarter.
- The five-year high for Operating Leases was $101.2 million in Q1 2022, with the low at $65.1 million in Q1 2026.
- Historically, Operating Leases has averaged $81.6 million across 5 years, with a median of $81.7 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Leases gained 17.59% — and 2025, when it dropped 19.84%.
- Macerich's Operating Leases 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 86.20 Mn |