Macerich Company (MAC) — Capital Reinvestment Ratio
Macerich Company (MAC) has a Capital Reinvestment Ratio of 0.62x as of March 2026, meaning it reinvests 1% of its operating cash flow ($94.49 Million) in capital expenditures ($58.97 Million). See net asset quality index of Macerich Company to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Macerich Company Capital Reinvestment Ratio (1994–2025)
This chart tracks Macerich Company's Capital Reinvestment Ratio across 32 annual periods. Check total reinvestment intensity of Macerich Company to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Macerich Company (1994–2025)
Year-by-year Capital Reinvestment Ratio for Macerich Company from 1994 to 2025. For live market cap and broader valuation context, see MAC market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.04x | $321.60 Million | $333.34 Million | ▲ +75.2% |
| 2024 | 0.59x | $283.44 Million | $167.65 Million | ▲ +14.6% |
| 2023 | 0.52x | $295.50 Million | $152.50 Million | ▲ +83.8% |
| 2022 | 0.28x | $337.51 Million | $94.79 Million | ▼ -25.7% |
| 2021 | 0.38x | $286.37 Million | $108.21 Million | ▼ -30.9% |
| 2020 | 0.55x | $124.84 Million | $68.30 Million | ▼ -2.7% |
| 2019 | 0.56x | $355.16 Million | $199.81 Million | ▼ -18.3% |
| 2018 | 0.69x | $344.31 Million | $237.23 Million | ▲ +31.7% |
| 2017 | 0.52x | $386.39 Million | $202.15 Million | ▼ -15.8% |
| 2016 | 0.62x | $417.51 Million | $259.48 Million | ▼ -7.8% |
| 2015 | 0.67x | $540.38 Million | $364.42 Million | ▲ +1.1% |
| 2014 | 0.67x | $400.71 Million | $267.36 Million | ▼ -61.2% |
| 2013 | 1.72x | $422.04 Million | $726.60 Million | ▼ -52.7% |
| 2012 | 3.64x | $351.30 Million | $1.28 Billion | ▲ +249.9% |
| 2011 | 1.04x | $237.28 Million | $247.01 Million | ▲ +12.3% |
| 2010 | 0.93x | $200.44 Million | $185.79 Million | ▼ -43.3% |
| 2009 | 1.63x | $120.89 Million | $197.48 Million | ▼ -25.7% |
| 2008 | 2.20x | $251.95 Million | $554.06 Million | ▼ -31.3% |
| 2007 | 3.20x | $326.07 Million | $1.04 Billion | ▼ -17.6% |
| 2006 | 3.88x | $211.85 Million | $822.90 Million | ▲ +431.9% |
| 2005 | 0.73x | $235.30 Million | $171.84 Million | ▼ -73.2% |
| 2004 | 2.73x | $194.38 Million | $529.81 Million | ▲ +65.3% |
| 2003 | 1.65x | $215.75 Million | $355.67 Million | ▼ -51.0% |
| 2002 | 3.36x | $163.18 Million | $548.79 Million | ▲ +593.4% |
| 2001 | 0.49x | $140.51 Million | $68.15 Million | ▲ +16.6% |
| 2000 | 0.42x | $121.22 Million | $50.45 Million | ▼ -73.2% |
| 1999 | 1.56x | $139.58 Million | $217.12 Million | ▼ -74.9% |
| 1998 | 6.19x | $85.18 Million | $527.66 Million | ▲ +125.8% |
| 1997 | 2.74x | $78.48 Million | $215.26 Million | ▼ -22.9% |
| 1996 | 3.56x | $80.43 Million | $286.26 Million | ▲ +111.1% |
| 1995 | 1.69x | $44.90 Million | $75.70 Million | ▼ -56.1% |
| 1994 | 3.84x | $30.30 Million | $116.30 Million | — |