5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Macerich Co's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was -12.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Macerich Co's 5-Year ROIIC % or its related term are showing as below:
MEX:MAC's 5-Year ROIIC % is ranked worse than 90.05% of 633
companies
in the REITs industry
Industry Median: 4.1
vs MEX:MAC: -12.73
Macerich Co (MEX:MAC) 5-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Macerich Co 5-Year ROIIC % Related Terms
Macerich Co 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Macerich Co's 5-Year ROIIC % 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: 5-Year ROIIC % Comparison
For the REIT - Retail subindustry, Macerich Co's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 5-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Macerich Co's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Macerich Co's 5-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Macerich Co (MEX:MAC) has a 5-Year ROIIC % of -12.73 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Macerich Co and its competitors. According to the industry distribution chart, Macerich Co ranks #570 out of 633 companies in the REITs industry, placing it in the top 90%.
Is Macerich Co's 5-Year ROIIC % too high?
Macerich Co's current 5-Year ROIIC % is -12.73. Based on the distribution chart, Macerich Co ranks #570 out of 633 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 5-Year ROIIC % compare to EPRT and KRG?
According to the REITs industry distribution chart, Macerich Co ranks #570 out of 633 companies for 5-Year ROIIC %. This places Macerich Co in the lower half of its industry. The industry median 5-Year ROIIC % is 4.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a REITs company?
The median 5-Year ROIIC % among REITs companies is 4.10, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Macerich Co and its competitors. For the REITs industry, the median 5-Year ROIIC % is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macerich Co's current 5-Year ROIIC % is -12.73. 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 5-Year ROIIC % of -12.73. The stock's GF Value™ is MXN194.69, compared to a current price of MXN320.00 — trading 64.4% above its estimated fair value. The current 5-Year ROIIC % is -12.73. 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 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Macerich Co (MEX:MAC), the current 5-Year ROIIC % is -12.73 as of Dec. 2025. 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 64.4% above its estimated GF Value™ of MXN194.69.
Key valuation signals for MEX:MAC:
5-Year ROIIC %: -12.73
GF Value™: MXN194.69 vs. price of MXN320.00 (64.4% above fair value)
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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5-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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