Macerich (MAC) Tax Rate (2017 - 2024)

Macerich has reported Tax Rate for 8 years, with the latest figure at 1.05% in Q1 2024.

• For the quarter ending Q1 2024, Tax Rate fell 119.0% year-over-year to 1.05%; the trailing twelve-month figure through Mar 2024 stood at 0.04% (down 151.0% YoY), and the FY2023 full-year result was 0.1%, up 30.0% from the prior year.
• Tax Rate for Q1 2024 stood at 1.05%, up from 0.79% in the prior quarter.
• The five-year high for Tax Rate was 2.24% in Q1 2023, with the low at 16.53% in Q2 2022.
• Historically, Tax Rate has averaged 1.62% across 5 years, with a median of 0.34% in 2023.
• Annual changes were most pronounced in 2021 — Tax Rate plunged 1107 bps — and 2023, when it soared 1619 bps.
• Macerich's Tax Rate stood at 0.36% in 2020, then tumbled by 250 bps to 1.25% in 2021, then soared by 137 bps to 0.46% in 2022, then soared by 73 bps to 0.79% in 2023, then jumped by 33 bps to 1.05% in 2024.
• The last three Tax Rate figures came in at 1.05% (Q1 2024), 0.79% (Q4 2023), and 1.5% (Q3 2023), per Business Quant data.