# Macerich Co: overview

MAC · NYSE · CIK 912242 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/mac.md) · [Financials](/companies/mac/financials.md) · [Filings](/companies/mac/filings.md) · [Insiders](/companies/mac/insiders.md)

Latest reported revenue: [$249.7m](/filings/0000912242-26-000037.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:Revenues, accession 0000912242-26-000037).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [220](/filings/0000912242-25-000076.md) | [274 d](/filings/0000912242-26-000016.md) | [249](/filings/0000912242-26-000024.md) | [250](/filings/0000912242-26-000037.md) | [253](/filings/0000912242-25-000076.md) | [262 d](/filings/0000912242-26-000016.md) | [242](/filings/0000912242-26-000024.md) | [250](/filings/0000912242-26-000037.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(49.1%)](/filings/0000912242-25-000076.md) | [(77.2%) d](/filings/0000912242-26-000016.md) | [(20.1%)](/filings/0000912242-26-000024.md) | [(16.4%)](/filings/0000912242-26-000037.md) | [(34.5%)](/filings/0000912242-25-000076.md) | [(7.2%) d](/filings/0000912242-26-000016.md) | [(15.0%)](/filings/0000912242-26-000024.md) | [(10.8%)](/filings/0000912242-26-000037.md) |
| Diluted EPS | $ per share | [(0.50)](/filings/0000912242-25-000076.md) | not reported | [(0.20)](/filings/0000912242-26-000024.md) | [(0.16)](/filings/0000912242-26-000037.md) | [(0.34)](/filings/0000912242-25-000076.md) | not reported | [(0.14)](/filings/0000912242-26-000024.md) | [(0.10)](/filings/0000912242-26-000037.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [847](/filings/0000912242-24-000026.md) | [859](/filings/0000912242-25-000023.md) | [884](/filings/0000912242-26-000016.md) | [918](/filings/0000912242-26-000016.md) | [1,014](/filings/0000912242-26-000016.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [1.7%](/filings/0000912242-24-000026.md) | [(7.7%)](/filings/0000912242-25-000023.md) | [(31.0%)](/filings/0000912242-26-000016.md) | [(21.1%)](/filings/0000912242-26-000016.md) | [(19.4%)](/filings/0000912242-26-000016.md) |
| Diluted EPS | $ per share | [0.07](/filings/0000912242-24-000026.md) | [(0.31)](/filings/0000912242-25-000023.md) | [(1.28)](/filings/0000912242-26-000016.md) | [(0.88)](/filings/0000912242-26-000016.md) | [(0.78)](/filings/0000912242-26-000016.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/mac/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.38bn | 54,737,438 |  | Added +8,478,335 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $792.5m | 31,461,342 |  | Added +7,413,950 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $688.1m | 27,314,692 |  | Added +1,748,833 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $411.7m | 16,342,649 |  | Added +1,561,563 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $319.5m | 12,682,019 |  | Added +1,209,413 |
| [Smead Capital Management, Inc.](/funds/1427008.md) | 2026-06-30 | $289.2m | 11,481,712 |  | Reduced −673,620 |
| [CENTERSQUARE INVESTMENT MANAGEMENT LLC](/funds/1725296.md) | 2026-06-30 | $226.7m | 8,999,366 |  | Added +1,724,762 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $218.4m | 8,667,541 |  | Added +1,812,483 |
| [PRINCIPAL FINANCIAL GROUP INC](/funds/1126328.md) | 2026-06-30 | $176.7m | 7,014,637 |  | Added +5,769,806 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $145.7m | 5,783,144 |  | Added +568,675 |

## Recent filings

[All 1,318 filings](/companies/mac/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-11 | 16:52 ET | [8-K](/filings/0001193125-26-344920.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-344920 |
| 2026-08-05 | 16:26 ET | [8-K](/filings/0001193125-26-335240.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-335240 |
| 2026-08-05 | 08:33 ET | [10-Q](/filings/0000912242-26-000037.md) | Quarterly report, period 2026-06-30 | 0000912242-26-000037 |
| 2026-08-04 | 16:15 ET | [8-K](/filings/0000912242-26-000034.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000912242-26-000034 |
| 2026-06-29 | 09:00 ET | [8-K](/filings/0001193125-26-286956.md) | 8.01 Other events | 0001193125-26-286956 |
| 2026-06-17 | 16:15 ET | [8-K](/filings/0001193125-26-274188.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-274188 |
| 2026-06-03 | 16:15 ET | [8-K](/filings/0001193125-26-255466.md) | 5.07 Shareholder vote results | 0001193125-26-255466 |
| 2026-06-01 | 07:00 ET | [8-K](/filings/0001193125-26-249691.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-249691 |
| 2026-05-13 | 16:22 ET | [8-K](/filings/0001193125-26-221714.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-221714 |
| 2026-05-07 | 08:45 ET | [10-Q](/filings/0000912242-26-000024.md) | Quarterly report, period 2026-03-31 | 0000912242-26-000024 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000912242-26-000016.md), filed Feb 20, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/2354b8c6-48aa-4cd2-a874-649d0ccd794d)

## About the filer

- CIK: 912242
- Tickers: MAC
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:28 ET. No prices; not investment advice.