Alexandria Real Estate Equities (ARE) vs Macerich (MAC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Macerich (MAC) has outperformed Alexandria Real Estate Equities (ARE) over the past year, gaining 27.6% versus a loss of 42.1%. Over five years, MAC leads with a +25.4% price change compared with -77.6% for ARE. Alexandria Real Estate Equities is the larger company by market cap ($7.85 billion vs $6.55 billion), about 1.2 times the size, while Macerich is growing revenue faster (+10.4% vs -2.9%).
Alexandria Real Estate Equities offers the higher dividend yield (7.63% vs 3.06%). Macerich converts more of its revenue into profit, with a net margin of -19.4% versus -47.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARE | MAC |
|---|---|---|
| Share price | $45.60 | $22.20 |
| Market cap | $7.85B | $6.55B |
| 1-day change | +0.86% | +0.05% |
| YTD return | -7.62% | +20.21% |
| 1-year return | -42.11% | +27.60% |
| 5-year return | -77.58% | +25.37% |
| Forward P/E | — | 161.45 |
| EPS (TTM) | $-6.05 | $-0.65 |
| Dividend yield | 7.63% | 3.06% |
| Annual dividend | $3.48 | $0.68 |
| Revenue (latest FY) | $3.03B | $1.01B |
| Revenue growth (YoY) | -2.88% | +10.43% |
| Net income (latest FY) | $-1.43B | $-197.15M |
| Net margin | -47.23% | -19.44% |
| 52-week high | $78.54 | $26.68 |
| 52-week low | $39.41 | $16.03 |
| Distance from 52-week high | -41.94% | -16.79% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +15.29% | +21.62% |
| Average volume | 1.91M | 3.30M |
| Shares outstanding | 172.10M | 283.56M |
| Employees | 514 | 596 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MAC has outperformed ARE by 69.7 percentage points over the past year.
- Alexandria Real Estate Equities offers a meaningfully higher dividend yield (7.63% vs 3.06%).
- Macerich is more profitable, keeping -19.4 cents of every revenue dollar as net income versus -47.2 cents for Alexandria Real Estate Equities.
- Macerich grew revenue faster in its latest fiscal year (+10.43% vs -2.88%).
About Alexandria Real Estate Equities
ARE stock →Alexandria Real Estate Equities, Inc., an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche.
Real Estate · Real Estate Investment Trusts · 514 employees
About Macerich
MAC stock →The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S.
Real Estate · Real Estate Investment Trusts · 596 employees
ARE vs MAC FAQ
Which is bigger, Alexandria Real Estate Equities or Macerich?
Alexandria Real Estate Equities (ARE) is larger, with a market capitalization of $7.85B compared with $6.55B for Macerich (MAC).
Which stock has performed better over the past year, ARE or MAC?
MAC returned +27.60% over the past 12 months, compared with -42.11% for ARE (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Alexandria Real Estate Equities or Macerich?
Alexandria Real Estate Equities has the higher yield at 7.63%, compared with 3.06% for Macerich.
Are Alexandria Real Estate Equities and Macerich in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.