Macerich (MAC) Return on Invested Capital (2019 - 2024)
Macerich's (MAC) quarterly Return on Invested Capital came in at 0.05% in Q1 2024, up 3.0% YoY from 0.05% in Q2 2023, and down 41.79% on a QoQ basis from 0.04% in Q4 2023.
Macerich (MAC) Return on Invested Capital (2019 - 2024) Analysis & Trends
Macerich (MAC) has 6 years of Return on Invested Capital data on file, last reported at 0.05% in Q1 2024.
- Quarterly Return on Invested Capital rose 3.0% year-over-year to 0.05% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.05% (up 3.0% YoY) and the FY2023 annual result came in at 0.24%, up 1.0% from the prior year.
- Return on Invested Capital eased to 0.05% in Q1 2024, from 0.04% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.06% in Q2 2022 to a low of 0.12% in Q3 2023.
- A 5-year average of 0.02% and a median of 0.01% in 2021 frame the typical range for Return on Invested Capital.
- Annual changes were most pronounced in 2022 — Return on Invested Capital increased 7 bps — and 2023, when it fell 17 bps.
- Tracing MAC's Return on Invested Capital over 5 years: stood at 0.01% in 2020, then surged by 259 bps to 0.04% in 2021, then plunged by 338 bps to 0.09% in 2022, then jumped by 57 bps to 0.04% in 2023, then plunged by 42 bps to 0.05% in 2024.
- The last three Return on Invested Capital figures came in at 0.05% (Q1 2024), 0.04% (Q4 2023), and 0.12% (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.21 Bn | 72.21 Bn | 1.76 Bn | 0.00% |
| 2 | Realty Income | 57.88 Bn | 57.88 Bn | - | - |
| 3 | Kimco Realty | 16.14 Bn | 16.14 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 | 6.54 Bn | 6.54 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 |
|---|---|
| Mar 31, 2024 | -0.05% |
| Dec 31, 2023 | -0.04% |
| Sep 30, 2023 | -0.12% |
| Jun 30, 2023 | -0.10% |
| Mar 31, 2023 | -0.08% |
| Dec 31, 2022 | -0.09% |
| Sep 30, 2022 | 0.05% |
| Jun 30, 2022 | 0.06% |
| Mar 31, 2022 | 0.05% |
| Dec 31, 2021 | 0.04% |
| Sep 30, 2021 | 0.01% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | -0.01% |
| Dec 31, 2020 | 0.01% |
| Sep 30, 2020 | -0.02% |
| Jun 30, 2020 | -0.01% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 30, 2019 | 0.01% |
| Jun 30, 2019 | 0.00% |