Macerich CoMEX:MAC 58 Gross Margin % is 50.55% as of Mar. 2026, which is 9% below its 10-year median of 55.53. GuruFocus rates MEX:MAC with a GF Score™ of 58/100 and a GF Value™ of MXN192.82. The stock has 9 warning signs investors should review. Among 681 REITs companies, Macerich Co ranks worse than 80.47% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Macerich Co's Gross Profit for the
three
months ended in Mar. 2026 was MXN2,202 Mil. Macerich Co's Revenue for the
three
months ended in Mar. 2026 was MXN4,356 Mil. Therefore, Macerich Co's Gross Margin % for the quarter that ended in Mar. 2026 was 50.55%.
The historical rank and industry rank for Macerich Co's Gross Margin % or its related term are showing as below:
MEX:MAC'
s Gross Margin % Range Over the Past 10 Years
Min: 53.14 Med: 55.53 Max: 61.01
Current: 54.3
During the past 13 years, the highestGross Margin % of Macerich Co was 61.01%. The lowest was 53.14%. And the median was 55.53%.
MEX:MAC's Gross Margin % is ranked worse than 80.47% of 681
companies
in the REITs industry
Industry Median: 69.62
vs MEX:MAC: 54.30
Macerich Co had a gross margin of 50.55% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Macerich Co was -0.50% per year.
Macerich Co (MEX:MAC) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Macerich Co had a gross margin of 50.55% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Macerich Co Gross Margin % Related Terms
Macerich Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Macerich Co's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:MAC vs EPRT, KRG, NNN: Gross Margin % Comparison
For the REIT - Retail subindustry, Macerich Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Macerich Co Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Macerich Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Macerich Co's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Macerich Co (MEX:MAC) has a Gross Margin % of 50.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Macerich Co and its competitors. This is near median its historical median of 55.53. Over the past decade, Macerich Co's Gross Margin % has ranged from 53.14 to 61.01. According to the industry distribution chart, Macerich Co ranks #548 out of 681 companies in the REITs industry, placing it in the top 80.5%.
Is Macerich Co's Gross Margin % too high?
Macerich Co's current Gross Margin % of 50.55% is near median its 10-year median of 55.53. Over the past 10 years, this metric has ranged from a low of 53.14 to a high of 61.01. The REITs industry median Gross Margin % is 69.62. Macerich Co's value of 50.55% is 27.4% below this industry median. Based on the distribution chart, Macerich Co ranks #548 out of 681 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Macerich Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Macerich Co's Gross Margin % compare to EPRT and KRG?
According to the REITs industry distribution chart, Macerich Co ranks #548 out of 681 companies for Gross Margin %. This places Macerich Co in the lower half of its industry. The industry median Gross Margin % is 69.62. Macerich Co's value of 50.55% is 27.4% below this benchmark. Historically, Macerich Co's own Gross Margin % has ranged from 53.14 to 61.01 over the past decade. While the company's 10-year median is 55.53 vs. the industry median of 69.62, Macerich Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.62, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Macerich Co's current Gross Margin % of 50.55% is 27.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Macerich Co and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macerich Co's current Gross Margin % is 50.55%, which is near median its own 10-year median of 55.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macerich Co stock overvalued right now?
Macerich Co (MEX:MAC) has a current Gross Margin % of 50.55%. The stock's GF Value™ is MXN192.82, compared to a current price of MXN320.00 — trading 66% above its estimated fair value. The current Gross Margin % is 50.55%, which is near median its 10-year median of 55.53 and 27.4% below the REITs industry median of 69.62. Macerich Co's overall GF Score™ is 58/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Macerich Co (MEX:MAC), the current Gross Margin % is 50.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Macerich Co (MEX:MAC) Overvalued in 2026?
Based on GuruFocus' analysis, Macerich Co stock appears to be overvalued.
The current stock price of MXN320.00 is trading 66% above its estimated GF Value™ of MXN192.82.
Key valuation signals for MEX:MAC:
Gross Margin %: 50.55% (near median its 10-year median of 55.53)
GF Value™: MXN192.82 vs. price of MXN320.00 (66% above fair value)
Industry Position: 27.4% below the REITs median (#548 of 681)
No single metric tells the full story. See the MEX:MAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macerich invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with a power center and seven other real estate assets. The company's total portfolio has 39.9 million square feet of gross leasable area and averaged $867 sales per square foot over the 12 months ended in September 2025.
58GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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