MACERICH CO

MAC ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $1.01B $918.2M $884.1M $859.2M $847.4M $786.0M $927.5M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $31.5M $28.1M $29.2M $27.2M $30.1M $30.3M $22.6M
Operating Income $-115.8M $-40.6M $12.9M $-66.8M $-68.3M $12.5M $67.5M
Operating Margin -11.4% -4.4% 1.5% -7.8% -8.1% 1.6% 7.3%
Interest Expense $216.9M $192.7M $75.6M $138.3M
Pretax Income
Income Tax Expense $-2.2M $-1.3M $-494.0K $705.0K $6.9M $-447.0K $1.6M
Net Income $-197.1M $-194.1M $-274.1M $-66.1M $14.3M $-230.2M $96.8M
Net Margin -19.4% -21.1% -31.0% -7.7% 1.7% -29.3% 10.4%
EPS (Basic) $-0.78 $-0.88 $-1.28 $-0.31 $0.07 $-1.58 $0.68
EPS (Diluted) $-0.78 $-0.88 $-1.28 $-0.31 $0.07 $-1.58 $0.68
Shares Outstanding (Basic) 256.7M 254.2M 221.8M 215.5M 215.0M 198.1M 146.2M 141.3M
Shares Outstanding (Diluted) 256.7M 254.2M 221.8M 215.5M 215.0M 198.1M 146.2M 141.3M
Dividends Per Share $0.68 $0.68 $0.68 $0.62 $0.60 $1.55 $3.00
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Warren Buffett

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