Growth Metrics

Macerich (MAC) Tax Rate (2017 - 2024)

Macerich's Tax Rate history spans 8 years, with the latest figure at 1.14% for Q1 2024.

  • For Q1 2024, Tax Rate fell 223.0% year-over-year to 1.14%; the TTM value through Mar 2024 reached 0.03%, down 60.0%, while the annual FY2023 figure was 0.11%, 33.0% up from the prior year.
  • Tax Rate reached 1.14% in Q1 2024 per MAC's latest filing, up from 0.3% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 3.96% in Q2 2020 to a low of 14.96% in Q4 2021.
  • Average Tax Rate over 5 years is 1.29%, with a median of 0.13% recorded in 2020.
  • Peak YoY movement for Tax Rate: crashed -1482bps in 2021, then soared 1503bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 0.13% in 2020, then crashed by -11023bps to 14.96% in 2021, then surged by 101bps to 0.07% in 2022, then skyrocketed by 294bps to 0.3% in 2023, then surged by 286bps to 1.14% in 2024.
  • Per Business Quant, the three most recent readings for MAC's Tax Rate are 1.14% (Q1 2024), 0.3% (Q4 2023), and 1.18% (Q3 2023).