Macerich annual return on equity
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Macerich Return on Equity (ROE) Growth & History (MAC)
Macerich's return on equity was −7.57% for fiscal 2025.
View full Macerich company overviewMacerich annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −7.57% | −0.11 pp |
| 2024 | 2024-12-31 | −7.46% | +2.86 pp |
| 2023 | 2023-12-31 | −10.32% | −8.08 pp |
| 2022 | 2022-12-31 | −2.23% | −2.77 pp |
| 2021 | 2021-12-31 | 0.54% | +9.95 pp |
| 2020 | 2020-12-31 | −9.42% | −12.89 pp |
| 2019 | 2019-12-31 | 3.47% | +1.39 pp |
| 2018 | 2018-12-31 | 2.08% | −2.07 pp |
| 2017 | 2017-12-31 | 4.15% | −8.43 pp |
| 2016 | 2016-12-31 | 12.58% | +2.48 pp |
| 2015 | 2015-12-31 | 10.10% | −25.61 pp |
| 2014 | 2014-12-31 | 35.71% | +21.76 pp |
| 2013 | 2013-12-31 | 13.95% | +1.51 pp |
| 2012 | 2012-12-31 | 12.44% | +6.51 pp |
| 2011 | 2011-12-31 | 5.93% | +4.87 pp |
| 2010 | 2010-12-31 | 1.06% | −5.84 pp |
| 2009 | 2009-12-31 | 6.90% | — |
Macerich quarterly return on equity
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −1.03% | +0.53 pp |
| Q1 2026 | 2026-03-31 | −1.49% | +0.36 pp |
| Q4 2025 | 2025-12-31 | −0.76% | +7.26 pp |
| Q3 2025 | 2025-09-30 | −3.43% | +0.88 pp |
| Q2 2025 | 2025-06-30 | −1.56% | −12.08 pp |
| Q1 2025 | 2025-03-31 | −1.85% | +3.50 pp |
| Q4 2024 | 2024-12-31 | −8.02% | −10.57 pp |
| Q3 2024 | 2024-09-30 | −4.31% | +5.86 pp |
| Q2 2024 | 2024-06-30 | 10.52% | +11.06 pp |
| Q1 2024 | 2024-03-31 | −5.35% | −3.27 pp |
| Q4 2023 | 2023-12-31 | 2.55% | +2.49 pp |
| Q3 2023 | 2023-09-30 | −10.17% | −9.65 pp |
| Q2 2023 | 2023-06-30 | −0.54% | −0.02 pp |
| Q1 2023 | 2023-03-31 | −2.08% | −0.85 pp |
| Q4 2022 | 2022-12-31 | 0.06% | +0.62 pp |
| Q3 2022 | 2022-09-30 | −0.52% | −4.05 pp |
| Q2 2022 | 2022-06-30 | −0.52% | −0.11 pp |
| Q1 2022 | 2022-03-31 | −1.23% | +1.27 pp |
| Q4 2021 | 2021-12-31 | −0.56% | +7.49 pp |
| Q3 2021 | 2021-09-30 | 3.53% | +4.42 pp |
| Q2 2021 | 2021-06-30 | −0.41% | +0.66 pp |
| Q1 2021 | 2021-03-31 | −2.50% | −2.84 pp |
| Q4 2020 | 2020-12-31 | −8.05% | −8.95 pp |
| Q3 2020 | 2020-09-30 | −0.89% | −2.72 pp |
| Q2 2020 | 2020-06-30 | −1.06% | −1.56 pp |
| Q1 2020 | 2020-03-31 | 0.34% | +0.03 pp |
| Q4 2019 | 2019-12-31 | 0.90% | +0.46 pp |
| Q3 2019 | 2019-09-30 | 1.83% | −0.83 pp |
| Q2 2019 | 2019-06-30 | 0.50% | +0.21 pp |
| Q1 2019 | 2019-03-31 | 0.30% | +1.31 pp |
| Q4 2018 | 2018-12-31 | 0.44% | −0.60 pp |
| Q3 2018 | 2018-09-30 | 2.66% | +2.15 pp |
| Q2 2018 | 2018-06-30 | 0.28% | −0.46 pp |
| Q1 2018 | 2018-03-31 | −1.01% | −2.86 pp |
| Q4 2017 | 2017-12-31 | 1.04% | +0.05 pp |
| Q3 2017 | 2017-09-30 | 0.51% | +0.19 pp |
| Q2 2017 | 2017-06-30 | 0.74% | −0.37 pp |
| Q1 2017 | 2017-03-31 | 1.86% | −7.77 pp |
| Q4 2016 | 2016-12-31 | 0.99% | −7.77 pp |
| Q3 2016 | 2016-09-30 | 0.31% | −0.35 pp |
| Q2 2016 | 2016-06-30 | 1.11% | +0.83 pp |
| Q1 2016 | 2016-03-31 | 9.62% | +9.15 pp |
| Q4 2015 | 2015-12-31 | 8.76% | −25.91 pp |
| Q3 2015 | 2015-09-30 | 0.67% | −0.54 pp |
| Q2 2015 | 2015-06-30 | 0.28% | −0.27 pp |
| Q1 2015 | 2015-03-31 | 0.48% | −0.11 pp |
| Q4 2014 | 2014-12-31 | 34.66% | +30.13 pp |
| Q3 2014 | 2014-09-30 | 1.21% | −0.03 pp |
| Q2 2014 | 2014-06-30 | 0.55% | −6.84 pp |
| Q1 2014 | 2014-03-31 | 0.59% | −0.15 pp |
| Q4 2013 | 2013-12-31 | 4.53% | −1.66 pp |
| Q3 2013 | 2013-09-30 | 1.23% | −0.42 pp |
| Q2 2013 | 2013-06-30 | 7.39% | +2.16 pp |
| Q1 2013 | 2013-03-31 | 0.74% | +1.16 pp |
| Q4 2012 | 2012-12-31 | 6.19% | −0.14 pp |
| Q3 2012 | 2012-09-30 | 1.65% | +1.18 pp |
| Q2 2012 | 2012-06-30 | 5.24% | +5.92 pp |
| Q1 2012 | 2012-03-31 | −0.42% | −0.42 pp |
| Q4 2011 | 2011-12-31 | 6.34% | +5.53 pp |
| Q3 2011 | 2011-09-30 | 0.47% | +0.18 pp |
| Q2 2011 | 2011-06-30 | −0.69% | −0.67 pp |
| Q1 2011 | 2011-03-31 | 0.00% | — |
| Q4 2010 | 2010-12-31 | 0.81% | — |
| Q3 2010 | 2010-09-30 | 0.29% | — |
| Q2 2010 | 2010-06-30 | −0.02% | — |
Macerich return on equity trends
Over the last five fiscal years, Macerich's return on equity increased from −9.42% to −7.57%, a change of +1.84 percentage points. The latest reported quarter, Q2 2026, shows −1.03%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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