MAC
The Macerich·NYSE
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MAC fundamentals
The Macerich (MAC) released its earnings on Nov 4, 2025: revenue was 253.26M (YoY +15.00%), beat estimates; EPS was -0.34 (YoY +32.00%), missed estimates.
Revenue / YoY
253.26M
+15.00%
EPS / YoY
-0.34
+32.00%
Report date
Nov 4, 2025
MAC Earnings Call Summary for Q3,2025
- Leasing Strength: Q3 signings up 87% YoY, with 5.4M sq ft YTD (86% YoY growth). SNO pipeline at $99M, 70% of deals meet 5-year rent targets.
- Balance Sheet Progress: Reduced leverage to 7.76x, sold $1.2B in non-core assets, repaid $1B of 2026 debt.
- Crabtree Impact: $14M incremental SNO, 74% of Forever 21 space re-leased at higher rents.
- Anchor Momentum: 30 anchors targeted (25 committed), Dick's House of Sport driving +15% traffic.
- FFO Outlook: Path Forward midpoint ($1.81) unchanged, with Crabtree adding $0.08 accretion.
- ** NOI Growth**: Go-forward portfolio NOI +2% YoY, fortress properties sales +4.8% YoY.
- Debt Management: $1B liquidity, targeting low-mid 6x leverage by 2028.
- Dispositions: $1.4B+ in asset sales completed, on track for $2B+ by end-2026.
EPS
Revenue
Revenue & Expenses
MAC has released its 2025 Q3 earnings report, with revenue of 253.26M, reflecting a YoY change of 15.00%, and net profit of -90.00M, showing a YoY change of 19.72%. The Sankey diagram below clearly presents MAC's revenue sources and cost distribution.
Key Indicators
The Macerich (MAC) key financial stats and ratios, covering profitability, financial health, and leverage.
The Macerich (MAC)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Breakdown
The Macerich (MAC)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Breakdown
The Macerich (MAC)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Breakdown
Where does The Macerich (MAC) generate its revenue? Explore its key revenue streams and top earning regions.
By Business
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Track The Macerich (MAC) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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Dividend Yield
You can ask Aime
What were the key takeaways from The Macerich's earnings call?What is the revenue and EPS growth rate for The Macerich year over year?What does The Macerich do and what are its main business segments?What is the market's earnings forecast for The Macerich next quarter?What guidance did The Macerich's management provide for the next earnings period?Did The Macerich beat or miss consensus estimates last quarter?What factors drove the changes in The Macerich's revenue and profit?What were the key takeaways from The Macerich’s earnings call?
