Macerich (MAC) Tax Rate (2017 - 2026)

Macerich (MAC) has 8 years of Tax Rate data on file, last reported at 0.76% in Q1 2024.

• Quarterly Tax Rate fell 417.0% year-over-year to 0.76% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.03% (down 50.0% YoY) and the FY2023 annual result came in at 0.1%, up 23.0% from the prior year.
• Tax Rate improved to 0.76% in Q1 2024, from 0.42% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 4.94% in Q1 2023 to a low of 30.96% in Q2 2021.
• A 5-year average of 1.55% and a median of 0.06% in 2022 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2021 — Tax Rate sank 3308 bps — and 2022, when it surged 3262 bps.
• Tracing MAC's Tax Rate over 5 years: stood at 0.46% in 2020, then plunged by 265 bps to 0.76% in 2021, then jumped by 107 bps to 0.06% in 2022, then soared by 646 bps to 0.42% in 2023, then jumped by 79 bps to 0.76% in 2024.
• The last three Tax Rate figures came in at 0.76% (Q1 2024), 0.42% (Q4 2023), and 1.18% (Q3 2023), per Business Quant data.