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Macerich stock: key metrics
MACMacerich had an operating margin of 16.5% and a return on invested capital (ROIC) of 1.7% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 98.3% | 32.9% | 30.4% |
| 2007 | 63.1% | 28.4% | 9.6% |
| 2008 | 59.3% | 26.8% | no data |
| 2009 | 58.1% | 22.4% | 15.0% |
| 2010 | 55.7% | 20.4% | 3.3% |
| 2011 | 56.7% | 20.5% | 19.8% |
| 2012 | 58.5% | 21.8% | 38.3% |
| 2013 | 58.9% | 21.5% | 40.8% |
| 2014 | 60.0% | 23.1% | 135.6% |
| 2015 | 63.3% | 25.0% | 37.7% |
| 2016 | 61.0% | 24.8% | 49.7% |
| 2017 | 60.2% | 23.6% | 14.6% |
| 2018 | 60.3% | 32.1% | 6.2% |
| 2019 | 60.3% | 22.2% | 10.4% |
| 2020 | 55.7% | 11.2% | −29.3% |
| 2021 | 55.1% | 14.8% | 1.7% |
| 2022 | 54.6% | 17.5% | −7.7% |
| 2023 | 55.3% | 20.1% | −31.0% |
| 2024 | 53.1% | 18.0% | −21.1% |
| 2025 | 38.2% | 16.5% | −19.4% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 16.4% | 4.1% | 3.3% |
| 2007 | 7.5% | 3.7% | 1.1% |
| 2008 | no data | 3.2% | no data |
| 2009 | 6.5% | 3.2% | 1.7% |
| 2010 | 0.9% | 4.3% | 0.3% |
| 2011 | 5.6% | 3.0% | 2.0% |
| 2012 | 11.0% | 2.4% | 3.6% |
| 2013 | 12.5% | 2.6% | 4.6% |
| 2014 | 26.6% | 2.5% | 11.4% |
| 2015 | 10.3% | 2.9% | 4.3% |
| 2016 | 12.6% | 2.6% | 5.2% |
| 2017 | 3.9% | 2.3% | 1.5% |
| 2018 | 2.0% | 3.6% | 0.7% |
| 2019 | 3.7% | 2.5% | 1.1% |
| 2020 | −10.2% | 0.9% | −2.5% |
| 2021 | 0.5% | 1.1% | 0.2% |
| 2022 | −2.3% | 1.6% | −0.8% |
| 2023 | −11.2% | 2.0% | −3.6% |
| 2024 | −7.0% | 1.8% | −2.3% |
| 2025 | −8.1% | 1.7% | −2.4% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 May 2017)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.