Company / Return on Equity (ROE)
Macerich Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-8.1%
FY2025
5-year range
-11.2% / 0.5%
FY2021-FY2025
Trend
-14.3%
vs FY2024
Sector context
#129 of 139
Real Estate
What the data says
Macerich reports negative total equity of -8.1% in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-8.1% in FY2025 with a 5-year CAGR of +2.1%.
Improved from -11.2% to -8.1% over the past 2 years.
Real Estate sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -5.7pp
- 5-Year Change
- +2.1pp
- 10-Year Change
- -
Sector benchmark
Bottom 7% in Real EstateTop 93% of 139This company -8.1% Sector average 7.7%
▼
-204.5% below sector average
Key checks
Key Insights
- In FY2025, return on equity (roe) decreased 14.3% year-over-year.
- Currently 15.8pp below the Real Estate sector average.
- Peak return on equity (roe) was recorded in FY2016.
- Lowest return on equity (roe) in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score -0.09 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -8.1% | -14.3% |
| FY2024 | -7.0% | +37.1% |
| FY2023 | -11.2% | -384.8% |
| FY2022 | -2.3% | -591.5% |
| FY2021 | 0.5% | +104.6% |
| FY2020 | -10.2% | -377.2% |
| FY2019 | 3.7% | +57.3% |
| FY2018 | 2.3% | -46.7% |
| FY2017 | 4.4% | -67.5% |
| FY2016 | 13.5% | +21.8% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026