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Revenue by Segment
Breaks down the company’s revenue by business line — rental income, percentage rents, property management and services, development or asset sales, and other fees. For Macerich, the mix reveals how reliant cash flow is on recurring mall rents versus one-time property transactions and highlights exposure to foot traffic, anchor-tenant health, and e-commerce pressure. Use this to assess revenue stability, redevelopment or leasing upside, and risk from vacancies or tenant weakness.Leasing is clearly the company’s growth engine, showing sustained post‑pandemic recovery and seasonal Q4 strength; management’s record leasing volumes, sizable SNO pipeline and fully committed anchor program make further NOI/FFO upside likely in 2026–28 as leases commence. ‘Other’ and management‑company revenue are small and lumpy, so near‑term earnings hinge on lease conversion and rent commencement timing. The main risk is execution: elevated leverage, remaining uncommitted deals and physical occupancy lags could push out the expected revenue and balance‑sheet improvements.
Date | Other | Leasing | Management Companies |
|---|---|---|---|
Jun 30, 2026 | $10.67M | $233.44M | $5.59M |
Mar 31, 2026 | $9.02M | $225.98M | $6.54M |
Dec 31, 2025 | $10.10M | $245.16M | $6.44M |
Sep 30, 2025 | $10.62M | $237.23M | $5.41M |
Jun 30, 2025 | $11.13M | $232.72M | $5.94M |
Mar 31, 2025 | $8.66M | $235.65M | $4.92M |
Dec 31, 2024 | $8.56M | $257.39M | $7.72M |
Sep 30, 2024 | $9.69M | $203.45M | $7.09M |
Jun 30, 2024 | $10.78M | $197.96M | $6.78M |
Mar 31, 2024 | $8.90M | $191.65M | $8.23M |