---
schema_version: "secwatch.filing_event.v1"
accession: "0000912242-24-000005"
form_type: "8-K"
ticker: "MAC"
cik: "0000912242"
company_name: "MACERICH CO"
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:35:01.824350+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Macerich Q4 net income jumps to $62.2M from $1.7M; record leasing, occupancy 93.5%

## Summary
- Net income $62.2M ($0.29 diluted) vs $1.7M ($0.01) in Q4 2022; FFO $0.56/share vs $0.53
- Same-center NOI (ex lease term income) up 3.0% in Q4, 4.5% for full year 2023
- Portfolio occupancy 93.5% (up 90bps YoY); base rent re-leasing spreads +17.2% for 2023
- Jackson Hsieh named President & CEO effective March 1, 2024, succeeding retiring Thomas O'Hern
- 2024 guidance: EPS ($0.08)-$0.02, FFO $1.75-$1.85; quarterly dividend $0.17 payable March 4

## SEC filing metadata
- accession: 0000912242-24-000005
- form_type: 8-K
- ticker: MAC
- cik: 0000912242
- company_name: MACERICH CO
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912242/000091224224000005/0000912242-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912242/000091224224000005/mac-20240207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912242-24-000005
- JSON: https://secwatch.observer/filing/0000912242-24-000005.json
- Plain text: https://secwatch.observer/filing/0000912242-24-000005.txt

## Key facts
- Earnings Releases
  MACERICH CO reported financial results for the three and twelve months ended December 31, 2023.
  - Period: the three and twelve months ended December 31, 2023
  - Result: reported results
  source text: On February 7, 2024, The Macerich Company (the “Company) released its financial results for the three and twelve months ended December 31, 2023 by posting to its website a financial supplement containing financial and operating information of the Company (“Earnings Results & Supplemental Information”) and such Earnings Results & Supplemental Information is furnished as Exhibit 99.1 hereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912242/000091224224000005/0000912242-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.