MACERICH CO
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-27.1M | $-36.4M | $-87.4M | $-40.9M | $-50.1M | $-108.2M | $252.0M | $-126.7M |
| Depreciation & Amortization | $86.2M | $86.0M | $90.9M | $88.5M | $95.2M | $73.3M | $71.7M | $71.4M |
| Depreciation | $74.2M | $71.7M | $75.3M | $73.3M | $73.4M | $65.4M | $67.4M | $64.8M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | $5.9M | — | — | $3.2M | — | — | $2.7M |
| Net Cash from Operating Activities | — | $77.4M | — | — | $88.5M | — | — | $61.1M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-54.7M | — | — | $-83.0M | — | — | $-27.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | $49.0M | — | — | $50.4M | — | — | $39.2M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | $-124.9M | — | — | $161.6M | — | — | $667.0K |
| Net Change in Cash | — | $-102.2M | — | — | $167.0M | — | — | $34.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |
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