MACERICH CO
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Mar 2012 | — | -11.4% | -6.3% |
| Jun 2012 | — | -10.2% | 78.1% |
| Sep 2012 | — | -1.8% | 24.1% |
| Dec 2012 | — | — | 76.0% |
| Mar 2013 | — | -0.5% | 9.3% |
| Jun 2013 | — | 0.3% | 95.5% |
| Sep 2013 | — | 3.0% | 15.8% |
| Dec 2013 | — | — | 51.4% |
| Mar 2014 | — | 3.5% | 7.4% |
| Jun 2014 | — | 5.1% | 7.1% |
| Sep 2014 | — | 5.2% | 14.7% |
| Dec 2014 | — | — | 442.6% |
| Mar 2015 | — | -1.1% | 8.4% |
| Jun 2015 | — | 4.3% | 4.9% |
| Sep 2015 | — | 9.5% | 11.1% |
| Dec 2015 | — | — | 129.4% |
| Mar 2016 | — | 3.9% | 176.3% |
| Jun 2016 | — | 10.6% | 19.0% |
| Sep 2016 | — | 9.9% | 5.2% |
| Dec 2016 | — | — | 13.7% |
| Mar 2017 | — | 4.0% | 30.3% |
| Jun 2017 | — | 6.9% | 11.7% |
| Sep 2017 | — | 5.4% | 7.9% |
| Dec 2017 | — | — | 12.8% |
| Mar 2018 | — | -7.1% | -14.5% |
| Jun 2018 | — | 1.4% | 3.8% |
| Sep 2018 | — | 6.8% | 33.5% |
| Dec 2018 | — | — | 4.8% |
| Mar 2019 | — | 1.4% | 3.9% |
| Jun 2019 | — | 7.2% | 6.1% |
| Sep 2019 | — | 15.7% | 21.6% |
| Dec 2019 | — | — | 11.1% |
| Mar 2020 | — | 15.6% | 3.8% |
| Jun 2020 | — | -5.7% | -15.0% |
| Sep 2020 | — | -11.2% | -11.9% |
| Dec 2020 | — | — | -97.8% |
| Mar 2021 | — | -24.2% | -33.4% |
| Jun 2021 | — | -6.1% | -5.5% |
| Sep 2021 | — | -1.8% | 50.3% |
| Mar 2022 | — | -6.0% | -17.2% |
| Jun 2022 | — | -11.6% | -7.5% |
| Sep 2022 | — | -10.2% | -7.2% |
| Mar 2023 | — | -1.0% | -27.3% |
| Jun 2023 | — | -8.2% | -7.0% |
| Sep 2023 | — | -6.2% | -120.4% |
| Mar 2024 | — | -11.2% | -60.7% |
| Jun 2024 | — | -1.1% | 116.9% |
| Sep 2024 | — | -9.1% | -49.1% |
| Mar 2025 | — | -14.9% | -20.1% |
| Jun 2025 | — | -12.3% | -16.4% |
| Sep 2025 | — | -11.0% | -34.5% |
| Mar 2026 | — | -15.1% | -15.0% |
| Jun 2026 | — | -11.1% | -10.8% |
Risk comes from not knowing what you're doing.