Is MACERICH CO financially healthy?

MACERICH CO scores 3 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of MACERICH CO?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), FMR LLC (adding), STATE STREET CORP (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

MACERICH CO (MAC)

NYSE · REIT · Real Estate Investment Trusts

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 7

FAILReturn on assets positiveROA -2.4%
PASSOperating cash flow positiveOCF 322M
FAILReturn on assets improving-2.3% → -2.4%
PASSCash flow exceeds earningsOCF 322M vs NI -197M
FAILLong-term debt ratio falling57.1% → 60.6% of assets
FAILCurrent ratio improvingno data
FAILNo share dilution222M → 254M shares
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.11× → 0.12×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$786.0M	−$230.2M	—	—	146,232,000
FY2021	$847.4M	$14.3M	—	—	198,070,000
FY2022	$859.2M	−$66.1M	—	—	215,031,000
FY2023	$884.1M	−$274.1M	—	—	215,548,000
FY2024	$918.2M	−$194.1M	—	—	221,845,000
FY2025

Ownership flow

13 institutions tracked — 6 added, 4 reduced, 3 opened a new position.

Institutional holders of MACERICH CO and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	54,737,438	+8,478,335	$1.4B
FMR LLC	Active fund	31,461,342	+7,413,950	$792.5M
JPMORGAN CHASE & CO	Active fund	3,226,823	−4,677,607	$83.4M
MORGAN STANLEY	Active fund	5,196,073	+2,588,336	$130.9M

Identity

CIK: 0000912242
FIGI: BBG000BL9C59
SIC: 6798 · Real Estate Investment Trusts
Incorporated: MD
Headquarters: SANTA MONICA, CA

Ownership

Institutional: 113.7%
Institutions: 509
Insiders: 0.4%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other real estate investment trusts companies

MACERICH CO files under SIC 6798 — all 80 real estate investment trusts companies compared on assets and F-score.

Prologis, Inc.PLD Blackstone Real Estate Income Trust, Inc.BSTT WELLTOWER INC.WELL AMERICAN TOWER CORP /MA/AMT Rithm Capital Corp.RITM VICI PROPERTIES INC.VICI

Questions about MACERICH CO

Is MACERICH CO financially healthy?: MACERICH CO scores 3 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of MACERICH CO?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), FMR LLC (adding), STATE STREET CORP (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.