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Macerich MAC Straight Line Rent Adjustments And Amortization Of Above And Below Market Leases

Straight Line Rent Adjustments And Amortization Of Above And Below Market Leases at other companies

Prologis logo
PrologisPLD
$162.53M-2.7%
Digital Realty logo
Digital RealtyDLR
-$42.11M-15.3%
Digital Realty logo
Digital RealtyDLR
-$42.11M-15.3%
Apollo Commercial Real Estate Finance logo
Apollo Commercial Real Estate FinanceARI
-$898K
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$57K
ARE
Alexandria Real Estate EquitiesARE
$17.86M-18.9%

Other financials

Income statement

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Revenue$241.5M-3.1%
Net income-$36.4M+27.5%
EPS (diluted)-$0.14+30.0%

Balance sheet

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Cash & equivalents$182.0M-28.1%
Total debt$65.1M-0.5%
Total equity$2.4B-8.5%
Total assets$8.2B-5.6%

Cash flow

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Operating cash flow$77.4M-12.6%

Valuation

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Market cap$7.03B+11.9%
Enterprise value$6.91B+14.1%
P/S+0.4×

Profitability

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Net margin-18.2%+17.3pp

Returns & leverage

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Return on equity-7.2%+7.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Macerich in its filing.

Tagged under the XBRL concept mac:StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases.

The official record: Macerich’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Macerich's straight line rent adjustments and amortization of above and below market leases?
Macerich (MAC) reported straight line rent adjustments and amortization of above and below market leases of $2.15M in Q1 2026.
How has Macerich's straight line rent adjustments and amortization of above and below market leases changed year-over-year?
Macerich's straight line rent adjustments and amortization of above and below market leases increased by 764.3% year-over-year, from $249K to $2.15M.
What is the long-term trend for Macerich's straight line rent adjustments and amortization of above and below market leases?
Over 2 years (2022 to 2025), Macerich's straight line rent adjustments and amortization of above and below market leases has grown at a 134.4% compound annual growth rate (CAGR), from $1.27M to $6.98M.
What does straight line rent adjustments and amortization of above and below market leases mean?
Captures the non-cash accounting adjustments required to recognize rental revenue on a straight-line basis over the lease term, alongside the amortization of acquired above- or below-market lease intangibles. This metric reconciles GAAP revenue recognition with actual cash rental receipts from tenants.