Macerich Company (MAC) — Cash Flow Reinvestment Rate
Latest as of March 2026:
0.62x
Macerich Company (MAC) has a Cash Flow Reinvestment Rate of 0.62x as of March 2026, reinvesting $58.97 Million (capex $58.97 Million ) from operating cash flow of $94.49 Million. Explore MAC capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
0.62x
(Capex + Investments) / Operating CF
Total Reinvested
$58.97 Million
Capex + Investments
Operating Cash Flow
$94.49 Million
USD
Capital Expenditures
$58.97 Million
USD
Macerich Company Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for Macerich Company across 32 annual periods. Also explore Macerich Company (MAC) total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Macerich Company (1994–2025)
Year-by-year capital reinvestment analysis for Macerich Company. For live market cap and broader valuation context, see MAC market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.04x | $333.34 Million | $321.60 Million | $333.34 Million | ▲ +56.7% |
| 2024 | 0.66x | $187.44 Million | $283.44 Million | $167.65 Million | ▲ +16.1% |
| 2023 | 0.57x | $168.24 Million | $295.50 Million | $152.50 Million | ▲ +8.9% |
| 2022 | 0.52x | $176.51 Million | $337.51 Million | $94.79 Million | ▼ -22.7% |
| 2021 | 0.68x | $193.75 Million | $286.37 Million | $108.21 Million | ▼ -71.9% |
| 2020 | 2.41x | $300.77 Million | $124.84 Million | $68.30 Million | ▲ +122.9% |
| 2019 | 1.08x | $383.89 Million | $355.16 Million | $199.81 Million | ▼ -10.8% |
| 2018 | 1.21x | $417.43 Million | $344.31 Million | $237.23 Million | ▲ +49.8% |
| 2017 | 0.81x | $312.62 Million | $386.39 Million | $202.15 Million | ▼ -50.8% |
| 2016 | 1.64x | $686.23 Million | $417.51 Million | $259.48 Million | ▲ +12.6% |
| 2015 | 1.46x | $788.77 Million | $540.38 Million | $364.42 Million | ▼ -11.6% |
| 2014 | 1.65x | $661.53 Million | $400.71 Million | $267.36 Million | ▼ -22.8% |
| 2013 | 2.14x | $902.90 Million | $422.04 Million | $726.60 Million | ▼ -45.8% |
| 2012 | 3.94x | $1.39 Billion | $351.30 Million | $1.28 Billion | ▲ +132.9% |
| 2011 | 1.69x | $401.90 Million | $237.28 Million | $247.01 Million | ▲ +78.5% |
| 2010 | 0.95x | $190.18 Million | $200.44 Million | $185.79 Million | ▼ -41.9% |
| 2009 | 1.63x | $197.48 Million | $120.89 Million | $197.48 Million | ▼ -25.7% |
| 2008 | 2.20x | $554.06 Million | $251.95 Million | $554.06 Million | ▼ -31.3% |
| 2007 | 3.20x | $1.04 Billion | $326.07 Million | $1.04 Billion | ▼ -17.6% |
| 2006 | 3.88x | $822.90 Million | $211.85 Million | $822.90 Million | ▲ +431.9% |
| 2005 | 0.73x | $171.84 Million | $235.30 Million | $171.84 Million | ▼ -73.2% |
| 2004 | 2.73x | $529.81 Million | $194.38 Million | $529.81 Million | ▲ +65.3% |
| 2003 | 1.65x | $355.67 Million | $215.75 Million | $355.67 Million | ▼ -51.0% |
| 2002 | 3.36x | $548.79 Million | $163.18 Million | $548.79 Million | ▲ +593.4% |
| 2001 | 0.49x | $68.15 Million | $140.51 Million | $68.15 Million | ▲ +16.6% |
| 2000 | 0.42x | $50.45 Million | $121.22 Million | $50.45 Million | ▼ -73.2% |
| 1999 | 1.56x | $217.12 Million | $139.58 Million | $217.12 Million | ▼ -74.9% |
| 1998 | 6.19x | $527.66 Million | $85.18 Million | $527.66 Million | ▲ +125.8% |
| 1997 | 2.74x | $215.26 Million | $78.48 Million | $215.26 Million | ▼ -22.9% |
| 1996 | 3.56x | $286.26 Million | $80.43 Million | $286.26 Million | ▲ +111.1% |
| 1995 | 1.69x | $75.70 Million | $44.90 Million | $75.70 Million | ▼ -56.1% |
| 1994 | 3.84x | $116.30 Million | $30.30 Million | $116.30 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow