MAC MACERICH CO - 10-Q - (2025-11-05)

Macerich (MAC) reported a significant financial deterioration for the nine months ended September 30, 2025 (Q3 2025), swinging from net income to a YTD net loss of \(\\)(178.4)\( million, equating to diluted EPS of \)$(0.71)\(. This result was heavily impacted by a \)$(97.1)$ million net loss on asset sales/write-downs, contrasted with a gain recognized in the prior year.

Despite the accounting loss, total revenues grew 19.0% YoY to \(\\)752.3\( million, primarily driven by leasing revenue, which reached \)$705.6\( million. Operating cash flow remained robust, increasing to \)$271.4$ million YTD. Int

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