Macerich Co (FRA:M6G) Net Margin %: -15.05% (As of Mar. 2026)


FRA:M6G Macerich Co FRA:M6G
55 GF Score
Price €21.40
GF Value €12.85
! 9 Warning Signs
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What is Macerich Co Net Margin %?

Macerich Co FRA:M6G +5.94% 55 Net Margin % is -15.05% as of Mar. 2026. GuruFocus rates FRA:M6G with a GF Score™ of 55/100 and a GF Value™ of €12.85. The stock has 9 warning signs investors should review. Among 928 REITs companies, Macerich Co ranks worse than 88.69% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Macerich Co's Net Income for the three months ended in Mar. 2026 was €-31.4 Mil. Macerich Co's Revenue for the three months ended in Mar. 2026 was €208.9 Mil. Therefore, Macerich Co's net margin for the quarter that ended in Mar. 2026 was -15.05%.

The historical rank and industry rank for Macerich Co's Net Margin % or its related term are showing as below:

FRA:M6G' s Net Margin % Range Over the Past 10 Years
Min: -31   Med: -3.01   Max: 49.65
Current: -18.22


FRA:M6G's Net Margin % is ranked worse than
88.69% of 928 companies
in the REITs industry
Industry Median: 44.95 vs FRA:M6G: -18.22

Macerich Co  (FRA:M6G) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Macerich Co Net Margin % Related Terms


Macerich Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Macerich Co's Net 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.

Macerich Co Net Margin % Chart

Macerich Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 -7.69 -31.00 -21.14 -19.44

Macerich Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.11 -16.38 -34.49 -7.17 -15.05

FRA:M6G vs EPRT, KRG, PECO: Net Margin % Comparison

For the REIT - Retail subindustry, Macerich Co's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Macerich Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Macerich Co's Net Margin % falls into.


FRA:M6G
55GF Score
Macerich Co FRA:M6G
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Macerich Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Macerich Co's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-168.365/865.941
=-19.44 %

Macerich Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-31.443/208.93
=-15.05 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -15.05% mean?
Macerich Co (FRA:M6G) has a Net Margin % of -15.05% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Macerich Co and its competitors. According to the industry distribution chart, Macerich Co ranks #823 out of 928 companies in the REITs industry, placing it in the top 88.7%.
Is Macerich Co's Net Margin % too high?
Macerich Co's current Net Margin % is -15.05%. Based on the distribution chart, Macerich Co ranks #823 out of 928 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Macerich Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Macerich Co's Net Margin % compare to EPRT and KRG?
According to the REITs industry distribution chart, Macerich Co ranks #823 out of 928 companies for Net Margin %. This places Macerich Co in the lower half of its industry. The industry median Net Margin % is 44.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 44.95, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Macerich Co and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macerich Co's current Net Margin % is -15.05%. 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 (FRA:M6G) has a current Net Margin % of -15.05%. The stock's GF Value™ is €12.85, compared to a current price of €21.40 — trading 66.5% above its estimated fair value. The current Net Margin % is -15.05%. Macerich Co's overall GF Score™ is 55/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Macerich Co (FRA:M6G), the current Net Margin % is -15.05% 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 (FRA:M6G) Overvalued in 2026?

Based on GuruFocus' analysis, Macerich Co stock appears to be overvalued. The current stock price of €21.40 is trading 66.5% above its estimated GF Value™ of €12.85.

Key valuation signals for FRA:M6G:

  • Net Margin %: -15.05%
  • GF Value™: €12.85 vs. price of €21.40 (66.5% above fair value)
  • GF Score™: 55/100 with 9 warning signs

No single metric tells the full story. See the FRA:M6G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macerich Co Business Description

Industry Real EstateREITs
Other Exchanges MAC:USA0JX5:UKM6G:Germany
Address 401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
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.
55GF Score

Get the complete analysis for FRA:M6G

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€21.40
Price
€12.85
GF Value