• Macerich average net profit margin for 2023 was -22.42%, a 988.35% decline from 2022.
• Macerich average net profit margin for 2022 was -2.06%, a 91.3% increase from 2021.
• Macerich average net profit margin for 2021 was -23.68%, a 590.38% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.