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Macerich MAC Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Net margin-18.2%+1.2pp-19.4%+18.5pp-38%
Returns
Return on equity-7.2%+0.4pp-7.6%+7.9pp-15.5%
Return on assets-2.2%+0.2pp-2.3%+2.5pp-4.9%
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Per Share
Book value per share$9.45-1.9%$9.63-2.5%$9.88-3.3%$10.22-3.0%$10.53-15.3%
Valuation
Market capitalization$4.85B+2.6%$4.73B+2.8%$4.6B+10.4%$4.17B-3.9%$4.34B-13.7%
Enterprise value$4.73B+4.9%$4.51B+3.1%$4.38B+6.6%$4.11B-1.0%$4.15B-17.2%
Price / sales4.8×+0.2×4.7×+0.2×4.5×+0.3×4.2×-0.3×4.5×-0.9×
Price / book+0.1×1.9×+0.1×1.8×+0.2×1.6×0.0×1.6×-0.2×
EV / sales4.7×+0.3×4.5×+0.2×4.3×+0.1×4.1×-0.2×4.3×-1.1×
Earnings yield-3.8%+0.4pp-4.2%+4.3pp-8.5%
Dividend yield3.9%-0.1pp4%0.0pp4%-0.3pp4.3%+0.3pp4%+0.8pp

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Questions, answered.

Where do Macerich's ratios come from?
Every ratio is computed from Macerich's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.