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Macerich MAC Operating Lease Initial Direct Cost Expense Over Term

Operating Lease Initial Direct Cost Expense Over Term at other companies

Macerich logo
MacerichMAC
$13.81M+23.1%
TRN
Terreno RealtyTRNO
$31.8M+10.5%
RBC Bearings logo
RBC BearingsRBC
$2.78M+6.7%
TechnipFMC logo
TechnipFMCFTI
$47M+10.6%
Applied Digital logo
Applied DigitalAPLD
$5.48M-35.7%
Ford Motor Company logo
Ford Motor CompanyF
$186M+14.5%

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 us-gaap:OperatingLeaseInitialDirectCostExpenseOverTerm.

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 operating lease initial direct cost expense over term?
Macerich (MAC) reported operating lease initial direct cost expense over term of $13.81M in Q1 2026.
How has Macerich's operating lease initial direct cost expense over term changed year-over-year?
Macerich's operating lease initial direct cost expense over term increased by 23.1% year-over-year, from $11.22M to $13.81M.
What is the long-term trend for Macerich's operating lease initial direct cost expense over term?
Over 4 years (2021 to 2025), Macerich's operating lease initial direct cost expense over term has grown at a 17.1% compound annual growth rate (CAGR), from $24.84M to $46.63M.
What does operating lease initial direct cost expense over term mean?
This captures the amortization of incremental costs directly attributable to negotiating and arranging lease agreements. Tracking this helps investors understand the efficiency of capital deployment in securing long-term tenant commitments.