Macerich annual operating expenses
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Macerich Operating Expenses Growth & History (MAC)
Macerich's operating expenses was $1.13B for fiscal 2025.
View full Macerich company overviewMacerich annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.13B | $171.0M | +17.83% |
| 2024 | 2024-12-31 | $958.8M | $87.6M | +10.05% |
| 2023 | 2023-12-31 | $871.2M | −$54.8M | −5.92% |
| 2022 | 2022-12-31 | $926.0M | $10.2M | +1.12% |
| 2021 | 2021-12-31 | $915.8M | $142.3M | +18.39% |
| 2020 | 2020-12-31 | $773.5M | −$86.4M | −10.05% |
| 2019 | 2019-12-31 | $859.9M | −$75.0M | −8.02% |
| 2018 | 2018-12-31 | $934.9M | $4.2M | +0.45% |
| 2017 | 2017-12-31 | $930.8M | −$13.9M | −1.47% |
| 2016 | 2016-12-31 | $944.6M | −$257.5M | −21.42% |
| 2015 | 2015-12-31 | $1.20B | $151.9M | +14.46% |
| 2014 | 2014-12-31 | $1.05B | $46.3M | +4.61% |
| 2013 | 2013-12-31 | $1.00B | $204.1M | +25.51% |
| 2012 | 2012-12-31 | $800.0M | $81.7M | +11.38% |
| 2011 | 2011-12-31 | $718.2M | −$37.6M | −4.97% |
| 2010 | 2010-12-31 | $755.8M | −$88.6M | −10.49% |
| 2009 | 2009-12-31 | $844.4M | −$11.7M | −1.36% |
| 2008 | 2008-12-31 | $856.1M | — | — |
Macerich quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $277.4M | −$3.1M | −1.12% |
| Q1 2026 | 2026-03-31 | $278.0M | −$8.4M | −2.92% |
| Q4 2025 | 2025-12-31 | $281.7M | $13.2M | +4.91% |
| Q3 2025 | 2025-09-30 | $281.1M | $40.9M | +17.00% |
| Q2 2025 | 2025-06-30 | $280.6M | $62.6M | +28.75% |
| Q1 2025 | 2025-03-31 | $286.4M | $54.3M | +23.40% |
| Q4 2024 | 2024-12-31 | $268.5M | $75.6M | +39.22% |
| Q3 2024 | 2024-09-30 | $240.2M | $8.5M | +3.69% |
| Q2 2024 | 2024-06-30 | $217.9M | −$11.8M | −5.14% |
| Q1 2024 | 2024-03-31 | $232.1M | $15.2M | +7.00% |
| Q4 2023 | 2023-12-31 | $192.9M | −$44.2M | −18.66% |
| Q3 2023 | 2023-09-30 | $231.7M | −$406,000 | −0.17% |
| Q2 2023 | 2023-06-30 | $229.7M | $2.0M | +0.89% |
| Q1 2023 | 2023-03-31 | $216.9M | −$12.2M | −5.31% |
| Q4 2022 | 2022-12-31 | $237.1M | $2.3M | +1.00% |
| Q3 2022 | 2022-09-30 | $232.1M | $16.2M | +7.50% |
| Q2 2022 | 2022-06-30 | $227.7M | −$826,000 | −0.36% |
| Q1 2022 | 2022-03-31 | $229.1M | −$7.5M | −3.17% |
| Q4 2021 | 2021-12-31 | $234.8M | $48.2M | +25.83% |
| Q3 2021 | 2021-09-30 | $215.9M | $9.3M | +4.49% |
| Q2 2021 | 2021-06-30 | $228.5M | $39.7M | +21.05% |
| Q1 2021 | 2021-03-31 | $236.5M | $45.1M | +23.53% |
| Q4 2020 | 2020-12-31 | $186.6M | −$43.7M | −18.97% |
| Q3 2020 | 2020-09-30 | $206.6M | $11.8M | +6.03% |
| Q2 2020 | 2020-06-30 | $188.8M | −$22.7M | −10.75% |
| Q1 2020 | 2020-03-31 | $191.5M | −$31.8M | −14.23% |
| Q4 2019 | 2019-12-31 | $230.2M | $5.7M | +2.53% |
| Q3 2019 | 2019-09-30 | $194.9M | −$30.9M | −13.69% |
| Q2 2019 | 2019-06-30 | $211.5M | −$19.6M | −8.48% |
| Q1 2019 | 2019-03-31 | $223.3M | −$30.2M | −11.90% |
| Q4 2018 | 2018-12-31 | $224.6M | −$9.3M | −3.99% |
| Q3 2018 | 2018-09-30 | $225.8M | −$3.5M | −1.55% |
| Q2 2018 | 2018-06-30 | $231.1M | $876,000 | +0.38% |
| Q1 2018 | 2018-03-31 | $253.4M | $16.2M | +6.82% |
| Q4 2017 | 2017-12-31 | $233.9M | −$4.1M | −1.73% |
| Q3 2017 | 2017-09-30 | $229.3M | $1.1M | +0.50% |
| Q2 2017 | 2017-06-30 | $230.3M | −$2.0M | −0.86% |
| Q1 2017 | 2017-03-31 | $237.3M | −$8.9M | −3.61% |
| Q4 2016 | 2016-12-31 | $238.0M | −$38.1M | −13.80% |
| Q3 2016 | 2016-09-30 | $228.2M | −$67.1M | −22.73% |
| Q2 2016 | 2016-06-30 | $232.3M | −$76.7M | −24.81% |
| Q1 2016 | 2016-03-31 | $246.1M | −$75.7M | −23.51% |
| Q4 2015 | 2015-12-31 | $276.1M | −$27.5M | −9.07% |
| Q3 2015 | 2015-09-30 | $295.3M | $45.5M | +18.23% |
| Q2 2015 | 2015-06-30 | $308.9M | $67.4M | +27.93% |
| Q1 2015 | 2015-03-31 | $321.8M | $66.4M | +26.00% |
| Q4 2014 | 2014-12-31 | $303.6M | $39.7M | +15.04% |
| Q3 2014 | 2014-09-30 | $249.8M | −$596,000 | −0.24% |
| Q2 2014 | 2014-06-30 | $241.5M | −$3.7M | −1.52% |
| Q1 2014 | 2014-03-31 | $255.4M | $10.9M | +4.46% |
| Q4 2013 | 2013-12-31 | $263.9M | $76.1M | +40.51% |
| Q3 2013 | 2013-09-30 | $250.4M | $51.1M | +25.62% |
| Q2 2013 | 2013-06-30 | $245.2M | $41.3M | +20.26% |
| Q1 2013 | 2013-03-31 | $244.5M | $35.6M | +17.03% |
| Q4 2012 | 2012-12-31 | $187.8M | $67.6M | +56.18% |
| Q3 2012 | 2012-09-30 | $199.3M | $3.4M | +1.76% |
| Q2 2012 | 2012-06-30 | $203.9M | $15.1M | +8.02% |
| Q1 2012 | 2012-03-31 | $208.9M | −$4.4M | −2.08% |
| Q4 2011 | 2011-12-31 | $120.3M | −$31.6M | −20.81% |
| Q3 2011 | 2011-09-30 | $195.9M | −$6.4M | −3.18% |
| Q2 2011 | 2011-06-30 | $188.8M | −$7.7M | −3.94% |
| Q1 2011 | 2011-03-31 | $213.3M | $8.2M | +3.99% |
| Q4 2010 | 2010-12-31 | $151.9M | — | — |
| Q3 2010 | 2010-09-30 | $202.3M | −$12.4M | −5.79% |
| Q2 2010 | 2010-06-30 | $196.5M | −$20.0M | −9.25% |
| Q1 2010 | 2010-03-31 | $205.2M | — | — |
| Q3 2009 | 2009-09-30 | $214.7M | — | — |
| Q2 2009 | 2009-06-30 | $216.5M | — | — |
Macerich operating expenses trends
Over the last five fiscal years, Macerich's operating expenses increased from $773.5M to $1.13B, a change of $356.3M. The latest reported quarter, Q2 2026, shows $277.4M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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