Macerich (MAC) Return on Invested Capital [ROIC] (2018 - 2026)
Macerich (MAC) recorded Return on Invested Capital [ROIC] of -6.87% in Q2 2026, down 0.64 percentage points from -6.24% a year earlier but up 0.10 percentage points from the prior quarter.
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Analysis
Macerich (MAC) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Macerich reported Return on Invested Capital [ROIC] of -6.84%, down 0.90 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -2.49 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -5.95% in FY2024 (-0.96 pp), -4.99% in FY2023 (+0.76 pp), -5.74% in FY2022 (+0.07 pp) and -5.81% in FY2021 (-1.46 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from -6.98% in Q1 2026 to -5.16% in Q1 2022 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for seven consecutive quarters, with an average year-over-year change of -0.65 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 0.70 percentage points in Q4 2023, against a drop of 1.27 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -6.98% (Q1 2026), -6.88% (Q4 2025) and -6.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | -12.89% |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | 5.36% |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 8.87% |
| 10 | Macerich | 6.55 Bn | 6.63 Bn | 147.76 Mn | -6.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.87% |
| Mar 31, 2026 | -6.98% |
| Dec 31, 2025 | -6.88% |
| Sep 30, 2025 | -6.52% |
| Jun 30, 2025 | -6.24% |
| Mar 31, 2025 | -5.79% |
| Dec 31, 2024 | -5.84% |
| Sep 30, 2024 | -5.26% |
| Jun 30, 2024 | -5.34% |
| Mar 31, 2024 | -5.65% |
| Dec 31, 2023 | -5.18% |
| Sep 30, 2023 | -5.87% |
| Jun 30, 2023 | -5.78% |
| Mar 31, 2023 | -5.77% |
| Dec 31, 2022 | -5.88% |
| Sep 30, 2022 | -5.84% |
| Jun 30, 2022 | -5.42% |
| Mar 31, 2022 | -5.16% |
| Dec 31, 2021 | -5.56% |
| Sep 30, 2021 | -5.20% |
API Access
Macerich Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();