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Macerich MAC Q4 2025 Annual earnings

Reported February 18, 2026 · After market close

Revenue$261.7MBeat by $2.8M
EPS$0.48Beat by $0.05
Revenue estimate$258.9M
EPS estimate$0.43

Next report

Nov 3, 2026 (in a month)
Revenue estimate$251.6M
EPS estimate-$0.01

Financials

Q4 2025

Income statement

See full
Revenue$261.7M-4.4%
Net income-$18.8M+91.1%
EPS (diluted)-$0.07+92.7%

Balance sheet

See full
Cash & equivalents$280.2M+212%
Total debt$67.0M-6.6%
Total equity$2.4B-11.2%
Total assets$8.4B-2.3%

Cash flow

See full
Operating cash flow$50.2M-8.5%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$4.73B-5.9%
Enterprise value$4.51B-9.8%
P/S4.7×-0.8×

Profitability

See full
Net margin-19.4%-1.4pp

Returns & leverage

See full
Return on equity-7.6%+0.1pp
Debt / equity0×0.0×

Segments

By product

See full
Other$10.1M+18.0%
Management Companies$6.4M-16.6%

FAQ

When did Macerich report Q4 2025 earnings?
Macerich (MAC) reported Q4 2025 earnings on February 18, 2026 after market close.
What were Macerich's Q4 2025 revenue and EPS?
Macerich reported revenue of $261.7M and eps of $0.48 for Q4 2025.
Did Macerich beat estimates in Q4 2025?
Revenue beat the consensus estimate of $258.9M by $2.8M. EPS beat the consensus estimate of $0.43 by $0.05.
How did Macerich's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 4.4% from $273.7M a year earlier and eps grew 2.1% from $0.47.
Where can I find Macerich's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000912242-26-000009) and the 10-K periodic report (0000912242-26-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.