The Macerich Company (MAC)
NYSE: MAC · Real-Time Price · USD
18.80
-1.01 (-5.10%)
Mar 6, 2026, 4:00 PM EST - Market closed

The Macerich Company Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Net Income
-197.15-194.12-274.07-66.0714.26
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Depreciation & Amortization
363.8300.58296.39302.48324.4
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Other Amortization
31.1113.06---
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Gain (Loss) on Sale of Assets
-28.03-373.33-18.97-22.74-143.08
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Asset Writedown
151.45334.38153.515.0567.34
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Stock-Based Compensation
18.1712.1313.1717.6414.27
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Income (Loss) on Equity Investments
-35.95197.35157.226.79-15.64
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Change in Accounts Receivable
3.43.440.356.6162.42
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Change in Accounts Payable
32.5221.311.87-0.38-6.75
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Change in Other Net Operating Assets
-13.56-6.716.0754.14-11.25
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Other Operating Activities
-8.79-30.8-47.3324.66-13.23
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Operating Cash Flow
321.6283.45295.5337.51286.37
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Operating Cash Flow Growth
13.46%-4.08%-12.45%17.86%129.39%
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Acquisition of Real Estate Assets
-434.35-338.48-199.19-119.34-108.21
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Sale of Real Estate Assets
159.61282.1535.5350.46337.51
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Net Sale / Acq. of Real Estate Assets
-274.74-56.33-163.66-68.88229.31
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Investment in Marketable & Equity Securities
-44.9881.03219.770.597.08
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Other Investing Activities
--3.5-1.3
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Investing Cash Flow
-325.3419.7952.54-1.4234.97
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Long-Term Debt Issued
599.11,225719277520
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Long-Term Debt Repaid
-261.73-2,030-870.85-408-2,022
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Net Debt Issued (Repaid)
337.37-804.85-151.85-131-1,502
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Issuance of Common Stock
55.53658.871.81.74831.59
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Common Dividends Paid
-173.88-148.88-146.63-133.33-118.34
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Other Financing Activities
-19.79-21.2-42.21-59.35-48.03
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Net Cash Flow
195.48-12.829.1614.17-315.69
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Cash Interest Paid
207.92186.35191.5180.32204.22
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Levered Free Cash Flow
421.87370.23343.41283.19344.39
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Unlevered Free Cash Flow
567.98501.7466.61418.72467.13
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Change in Working Capital
22.3518.0518.360.3744.43
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Source: S&P Capital IQ. Real Estate template. Financial Sources.