Security
The Macerich Company · MAC
MACNYSECommon stockCurrentCIK 912242Updated Oct 6, 2026
MAC price & chart
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NYSE:MAC on TradingView ↗About the company
Macerich (NYSE: MAC) is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns approximately 40 million square feet of real estate, consisting primarily of interests in 38 retail centers.
In the news
Macerich Reports Second Quarter 2026 Earnings Results ↗
Recent filings
SCHEDULE 13G/A - filed by VANGUARD PORTFOLIO MANAGEMENT LLC regarding MACERICH CO
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Other Events
Items 1.01, 2.03, 3.02, 8.01, 9.01
Other Events
Items 8.01, 9.01
424B7 filing
424B2 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 8,423,928,000Source | 7,590,463,000Source | 8,523,895,000Source | 8,729,251,000Source | 7,777,706,000Source | 8,191,702,000Source | 8,680,059,000Source | 7,363,073,000Source | 8,368,685,000Source | 8,567,039,000Source | 7,513,512,000Source | 8,094,139,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 290,162,000Source | 116,475,000Source | 227,028,000Source | 131,092,000Source | 70,692,000Source | 182,034,000Source | 253,248,000Source | 120,054,000Source | 280,246,000Source | 89,858,000Source | 94,936,000Source | 100,320,000Source |
| Operating Lease, Right-of-Use AssetUSD | 111,813,000Source | 112,367,000Source | 104,026,000Source | 114,181,000Source | 114,448,000Source | 106,484,000Source | 108,830,000Source | 116,567,000Source | 108,918,000Source | 111,037,000Source | 118,664,000Source | 126,606,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 5,842,380,000Source | 5,001,347,000Source | 5,616,422,000Source | 6,066,436,000Source | 5,188,966,000Source | 5,679,836,000Source | 5,936,136,000Source | 5,002,458,000Source | 5,841,615,000Source | 5,724,614,000Source | 4,985,911,000Source | 5,144,790,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 2,561,000Source | 2,257,000Source | 2,841,000Source | 2,530,000Source | 2,162,000Source | 2,606,000Source | 2,528,000Source | 2,159,000Source | 2,569,000Source | 2,527,000Source | 2,158,000Source | 2,151,000Source |
| Retained Earnings (Accumulated Deficit)USD | -3,715,452,000Source | -3,157,064,000Source | -3,933,754,000Source | -3,584,742,000Source | -3,012,029,000Source | -3,858,433,000Source | -3,500,838,000Source | -3,227,312,000Source | -3,777,816,000Source | -3,406,786,000Source | -3,063,789,000Source | -2,643,094,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -11,000Source | -179,000Source | -5,000Source | -13,000Source | -32,000Source | -7,000Source | -14,000Source | -337,000Source | -9,000Source | -34,000Source | -952,000Source | 632,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,511,004,000Source | 2,511,650,000Source | 2,827,198,000Source | 2,585,322,000Source | 2,505,434,000Source | 2,437,998,000Source | 2,663,572,000Source | 2,287,138,000Source | 2,448,871,000Source | 2,756,487,000Source | 2,447,020,000Source | 2,865,773,000Source |
| Additional Paid in Capital, Common StockUSD | 6,223,906,000Source | 5,666,636,000Source | 6,758,116,000Source | 6,167,547,000Source | 5,515,333,000Source | 6,293,832,000Source | 6,161,896,000Source | 5,512,628,000Source | 6,224,127,000Source | 6,160,780,000Source | 5,509,603,000Source | 5,506,084,000Source |
| Liabilities and EquityUSD | 8,423,928,000Source | 7,590,463,000Source | 8,523,895,000Source | 8,729,251,000Source | 7,777,706,000Source | 8,191,702,000Source | 8,680,059,000Source | 7,363,073,000Source | 8,368,685,000Source | 8,567,039,000Source | 7,513,512,000Source | 8,094,139,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 70,544,000Source | 77,466,000Source | 80,275,000Source | 77,493,000Source | 83,306,000Source | 73,868,000Source | 80,351,000Source | 73,477,000Source | 78,199,000Source | 85,938,000Source | 80,581,000Source | 83,576,000Source |
| Additional Financial Items | ||||||||||||
| Long-term DebtUSD | 5,076,908,000Source | 4,342,216,000Source | 4,848,075,000Source | 5,229,832,000Source | 4,373,234,000Source | 4,850,655,000Source | 5,232,196,000Source | 4,098,705,000Source | 5,068,946,000Source | 4,894,525,000Source | 4,136,136,000Source | 4,240,596,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -89,995,000Source | -112,098,000Source | -26,852,000Source | -41,544,000Source | -36,894,000Source | -51,153,000Source | -201,059,000Source | -197,665,000Source | -278,099,000Source | -65,079,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 86,015,000Source | 95,219,000Source | 368,103,000Source | 305,875,000Source | 296,394,000Source | 302,480,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 5,901,000Source | 3,206,000Source | 18,168,000Source | 12,131,000Source | 13,166,000Source | 17,638,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -25,016,000Source | -24,984,000Source | -3,398,000Source | -3,441,000Source | -354,000Source | -6,610,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | -710,000Source | 545,000Source | 495,000Source | -188,000Source | -2,641,000Source | -822,000Source | -2,193,000Source | -1,300,000Source | -494,000Source | 705,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 77,377,000Source | 88,491,000Source | 321,604,000Source | 283,445,000Source | 295,502,000Source | 337,510,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -54,714,000Source | -83,041,000Source | -325,339,000Source | 19,790,000Source | 52,541,000Source | -1,402,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -124,862,000Source | 161,578,000Source | 199,219,000Source | -316,050,000Source | -338,888,000Source | -321,940,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 49,034,000Source | 50,433,000Source | 188,208,000Source | 161,289,000Source | 159,290,000Source | 186,328,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | 221,378,000Source | 122,007,000Source | 257,325,000Source | 2,023,651,000Source | 863,258,000Source | 334,075,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -102,199,000Source | 167,028,000Source | 195,484,000Source | -12,815,000Source | 9,155,000Source | 14,168,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 380,603,000Source | 229,978,000Source | 310,946,000Source | 225,473,000Source | 270,764,000Source | 344,507,000Source | 372,963,000Source | 177,479,000Source | 190,294,000Source | 181,139,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 56,345,000Source | 49,710,000Source | 207,922,000Source | 186,345,000Source | 191,500,000Source | 180,321,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 4,857,000Source | 3,836,000Source | 6,785,000Source | 5,138,000Source | 6,076,000Source | 3,482,000Source | 18,360,000Source | 13,988,000Source | 16,065,000Source | 22,119,000Source |
| Depreciation, NonproductionUSD | — | — | 75,253,000Source | 65,352,000Source | 74,202,000Source | 73,250,000Source | 71,655,000Source | 73,446,000Source | 293,258,000Source | 269,020,000Source | 265,140,000Source | 271,494,000Source |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | — | — | -72,634,000Source | -16,605,000Source | 6,603,000Source | -10,484,000Source | 6,840,000Source | -13,987,000Source | -123,417,000Source | 38,959,000Source | -134,523,000Source | 7,698,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | 0Source | 14,403,000Source | 8,208,000Source | 0Source |
| General and Administrative ExpenseUSD | — | — | 6,928,000Source | 6,010,000Source | 9,492,000Source | 7,798,000Source | 8,026,000Source | 7,612,000Source | 31,539,000Source | 28,145,000Source | 29,238,000Source | 27,164,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -89,995,000Source | -112,098,000Source | -26,852,000Source | -41,544,000Source | -36,894,000Source | -51,153,000Source | -201,059,000Source | -197,665,000Source | -278,099,000Source | -65,079,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 9,759,000Source | -74,931,000Source | -5,237,000Source | -475,000Source | -9,866,000Source | -799,000Source | 35,946,000Source | -197,352,000Source | -156,937,000Source | -5,256,000Source |
| Income Tax Expense (Benefit)USD | — | — | -710,000Source | 545,000Source | 495,000Source | -188,000Source | -2,641,000Source | -822,000Source | -2,193,000Source | -1,300,000Source | -494,000Source | 705,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -87,360,000Source | -108,189,000Source | -27,071,000Source | -40,905,000Source | -36,350,000Source | -50,123,000Source | -197,149,000Source | -194,120,000Source | -274,065,000Source | -66,068,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -2,635,000Source | -3,909,000Source | 219,000Source | -639,000Source | -544,000Source | -1,030,000Source | -3,910,000Source | -3,545,000Source | -4,034,000Source | 989,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -87,554,000Source | -108,441,000Source | -27,285,000Source | -41,098,000Source | -36,563,000Source | -50,319,000Source | -197,923,000Source | -195,026,000Source | -274,935,000Source | -66,924,000Source |
| Operating Lease, Lease IncomeUSD | — | — | 237,232,000Source | 203,448,000Source | 233,442,000Source | 232,725,000Source | 225,976,000Source | 235,647,000Source | 950,764,000Source | 850,453,000Source | 809,023,000Source | 800,548,000Source |
| Payments of Financing CostsUSD | — | — | — | — | — | — | 14,161,000Source | 1,156,000Source | 5,467,000Source | 8,785,000Source | 28,913,000Source | 6,446,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | — | 657,025,000Source | — | -183,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | — | — | — | — | — | 4,000Source | 0Source | 0Source | 602,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 253,262,000Source | 220,224,000Source | 249,707,000Source | 249,793,000Source | 241,538,000Source | 249,224,000Source | 1,013,983,000Source | 918,204,000Source | 884,068,000Source | 859,164,000Source |
| Income Tax Expense (Benefit)USD | — | — | -710,000Source | 545,000Source | 495,000Source | -188,000Source | -2,641,000Source | -822,000Source | -2,193,000Source | -1,300,000Source | -494,000Source | 705,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -2,635,000Source | -3,909,000Source | 219,000Source | -639,000Source | -544,000Source | -1,030,000Source | -3,910,000Source | -3,545,000Source | -4,034,000Source | 989,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -87,360,000Source | -108,189,000Source | -27,071,000Source | -40,905,000Source | -36,350,000Source | -50,123,000Source | -197,149,000Source | -194,120,000Source | -274,065,000Source | -66,068,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.34Source | -0.5Source | -0.1Source | -0.16Source | -0.14Source | -0.2Source | -0.78Source | -0.88Source | -1.28Source | -0.31Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.34Source | -0.5Source | -0.1Source | -0.16Source | -0.14Source | -0.2Source | -0.78Source | -0.88Source | -1.28Source | -0.31Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 254,130,000Source | 218,420,000Source | 273,715,000Source | 253,085,000Source | 258,028,000Source | 252,992,000Source | 254,216,000Source | 221,845,000Source | 215,548,000Source | 215,031,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 254,130,000Source | 218,420,000Source | 273,715,000Source | 253,085,000Source | 258,028,000Source | 252,992,000Source | 254,216,000Source | 221,845,000Source | 215,548,000Source | 215,031,000Source |
| Additional Financial Items | ||||||||||||
| Costs and ExpensesUSD | — | — | 281,092,000Source | 240,241,000Source | 277,430,000Source | 280,566,000Source | 278,047,000Source | 286,413,000Source | 1,129,764,000Source | 958,776,000Source | 871,201,000Source | 925,980,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 90,904,000Source | 73,299,000Source | 86,217,000Source | 88,500,000Source | 83,076,000Source | 92,562,000Source | 357,083,000Source | 294,780,000Source | 282,361,000Source | 291,612,000Source |
| General and Administrative ExpenseUSD | — | — | 6,928,000Source | 6,010,000Source | 9,492,000Source | 7,798,000Source | 8,026,000Source | 7,612,000Source | 31,539,000Source | 28,145,000Source | 29,238,000Source | 27,164,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -89,995,000Source | -112,098,000Source | -26,852,000Source | -41,544,000Source | -36,894,000Source | -51,153,000Source | -201,059,000Source | -197,665,000Source | -278,099,000Source | -65,079,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 9,759,000Source | -74,931,000Source | -5,237,000Source | -475,000Source | -9,866,000Source | -799,000Source | 35,946,000Source | -197,352,000Source | -156,937,000Source | -5,256,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 216,851,000Source |
| Interest Income (Expense), NetUSD | — | — | -72,699,000Source | -57,099,000Source | -66,043,000Source | -71,925,000Source | -67,500,000Source | -69,074,000Source | -283,542,000Source | -219,987,000Source | -172,920,000Source | — |
| Lease IncomeUSD | — | — | 237,232,000Source | 203,448,000Source | 233,442,000Source | 232,725,000Source | 225,976,000Source | 235,647,000Source | 950,764,000Source | 850,453,000Source | 809,023,000Source | 800,548,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -87,554,000Source | -108,441,000Source | -27,285,000Source | -41,098,000Source | -36,563,000Source | -50,319,000Source | -197,923,000Source | -195,026,000Source | -274,935,000Source | -66,924,000Source |
| Operating Lease, Lease IncomeUSD | — | — | 237,232,000Source | 203,448,000Source | 233,442,000Source | 232,725,000Source | 225,976,000Source | 235,647,000Source | 950,764,000Source | 850,453,000Source | 809,023,000Source | 800,548,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | 194,000Source | 252,000Source | 214,000Source | 193,000Source | 213,000Source | 196,000Source | 774,000Source | 906,000Source | 870,000Source | 856,000Source |
Offerings
Registration 333-297985
Filing attachments
d106117dex41.htm · 8-K · 2026-08-11
EX-4.1 2 d106117dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 THE MACERICH PARTNERSHIP, L.P., THE MACERICH COMPANY and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee INDENTURE Dated as of August 11, 2026 2.25% Exchangeable Senior Notes due 2031 TABLE OF CONTENTS Page ARTICLE 1. DEFINITIONS; RULES OF CONSTRUCT…
Read attachment ↗d106117dex43.htm · 8-K · 2026-08-11
EX-4.3 3 d106117dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 The Macerich Partnership, L.P. The Macerich Company Registration Rights Agreement August 11, 2026 TABLE OF CONTENTS Page Section 1. Definitions …
Read attachment ↗d106117dex991.htm · 8-K · 2026-08-11
EX-99.1 6 d106117dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Macerich Announces Proposed Offering of Exchangeable Senior Notes SANTA MONICA, Calif., August 6, 2026 - The Macerich Company (NYSE: MAC) (“Macerich”) announced today that its operating partnership, The Macerich Partnership, L.P. (“Macerich Partnership”), intends to offer, subject to market and other conditions, $600 million aggregate principal amount of exchangeable senior notes due 2031 (the “notes”) in a private offering to perso…
Read attachment ↗d106117dex992.htm · 8-K · 2026-08-11
EX-99.2 7 d106117dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Macerich Announces Pricing of Upsized Offering of $675 Million Exchangeable Senior Notes due 2031 SANTA MONICA, Calif., August 7, 2026 - The Macerich Company (NYSE: MAC) (“Macerich”) announced today that its operating partnership, The Macerich Partnership, L.P. (“Macerich Partnership”), priced its offering of $675 million aggregate principal amount of 2.25% exchangeable senior notes due 2031 (the “notes”) in a private offering to pe…
Read attachment ↗d158325dex420.htm · S-3ASR · 2026-08-05
Exhibit 4.20 THE MACERICH COMPANY Issuer AND [___________________________________] Trustee INDENTURE Dated as of, 20 Senior Debt Securities TABLE OF CONTENTS Page Article I Definitions …
Read attachment ↗d158325dex421.htm · S-3ASR · 2026-08-05
Exhibit 4.21 THE MACERICH COMPANY Issuer AND [__________________________________] Trustee INDENTURE Dated as of, 20 Subordinated Debt Securities TABLE OF CONTENTS Page Article I Definitions …
Read attachment ↗