Company / SG&A Expense
Macerich SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$31.5M
FY2025
5-year range
$27.2M / $31.5M
FY2021-FY2025
Trend
+12.1%
vs FY2024
Sector context
#107 of 131
Real Estate
What the data says
Macerich's sg&a expense of $32M is lower than 82% of companies in the Real Estate sector (FY2025). SG&A Expense has fluctuated over the past 10 years, ranging from $23M in FY2019 to $32M in FY2025.
Based on SEC 10-K filings.
$32M in FY2025 with a 5-year CAGR of +0.8%.
Increased from $29M to $32M over the past 2 years.
Real Estate sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +5.1%
- 5-Year CAGR
- +0.8%
- 10-Year CAGR
- -
Sector benchmark
Top 18% in Real EstateTop 18% of 131This company $31.5M Sector average $159.5M
▼
-80.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.8%, indicating consistent growth.
- In FY2025, sg&a expense increased 12.1% year-over-year.
- Ranks #107 out of 131 companies in the Real Estate sector.
- Lowest sg&a expense in the period was in FY2019.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $31.5M | +12.1% |
| FY2024 | $28.1M | -3.7% |
| FY2023 | $29.2M | +7.6% |
| FY2022 | $27.2M | -9.6% |
| FY2021 | $30.1M | -0.9% |
| FY2020 | $30.3M | +34.0% |
| FY2019 | $22.6M | -6.3% |
| FY2018 | $24.2M | -14.4% |
| FY2017 | $28.2M | +0.1% |
| FY2016 | $28.2M | -5.5% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026