Macy's
M
22.42
-0.38
-1.65%
Macy's
US · M
#1933 by market cap
Listed 1992
22.42
-0.38
-1.65%
Live - 5344 symbols - heartbeat 507s ago
· 2026-10-08 11:30
Pre-market
22.67
-0.53%
After-hours
22.81
+0.09%
Overnight
22.79
0.00%
- Market cap
- 5.85B
- P/E (TTM)i
- 8.21
- P/Bi
- 1.19
- EPSi
- 2.32
- Div yieldi
- 3.34%
- 52W posi
- 61%
Reader sentiment
Are you bullish or bearish on M?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.64, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -1.67% YoY
Margins
- Gross margin
- 40.33%
- Operating margin
- 3.91%
- Net margin
- 2.84%
Key ratios & quality
- Altman Z-Scorei
- 2.64
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | 25.40B | 25.45B | 23.87B | 23.01B | 22.62B |
| Gross profit | 10.52B | 10.16B | 5.81B | 10.44B | 10.10B | 9.64B | 9.27B | 9.12B |
| Selling & admin expenses | 9.04B | 9.00B | 6.77B | 8.15B | 8.46B | 8.38B | 8.33B | 8.24B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.49B | 1.16B | -956.00M | 2.29B | 1.64B | 1.27B | 936.00M | 884.00M |
| Pretax profit | 1.42B | 728.00M | -4.79B | 1.87B | 1.48B | 43.00M | 763.00M | 849.00M |
| Tax | 322.00M | 164.00M | -846.00M | 436.00M | 331.00M | -2.00M | 181.00M | 207.00M |
| Net profit | 1.10B | 564.00M | -3.94B | 1.43B | 1.15B | 45.00M | 582.00M | 642.00M |
| Basic EPS | 4 | 2 | -13 | 5 | 4 | 0 | 2 | 2 |
| Diluted EPS | 3.56 | 1.81 | -12.68 | 4.55 | 4.08 | 0.16 | 2.07 | 2.32 |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| Revenue | 4.79B | 5.00B | 4.91B | 7.92B | 4.89B | 5.06B |
| Gross profit | 2.00B | 2.10B | 2.06B | 2.97B | 2.03B | 2.21B |
| Selling & admin expenses | 1.91B | 1.94B | 2.02B | 2.36B | 1.95B | 1.96B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 85.00M | 155.00M | 34.00M | 610.00M | 80.00M | 251.00M |
| Pretax profit | 68.00M | 115.00M | 5.00M | 662.00M | 93.00M | 227.00M |
| Tax | 30.00M | 28.00M | -6.00M | 155.00M | 30.00M | 58.00M |
| Net profit | 38.00M | 87.00M | 11.00M | 507.00M | 63.00M | 169.00M |
| Basic EPS | 0 | 0 | 0 | 2 | 0 | 1 |
| Diluted EPS | 0.13 | 0.31 | 0.04 | 1.84 | 0.23 | 0.62 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 7.45B | 6.81B | 6.18B | 6.76B | 5.85B | 6.09B | 6.48B | 6.67B |
| Cash & ST investments | 1.16B | 685.00M | 1.68B | 1.71B | 862.00M | 1.03B | 1.31B | 1.25B |
| Inventory | 5.26B | 5.19B | 3.77B | 4.38B | 4.27B | 4.36B | 4.47B | 4.41B |
| Total assets | 19.19B | 21.17B | 17.71B | 17.59B | 16.87B | 16.25B | 16.40B | 16.24B |
| Total current liabilities | 5.23B | 5.75B | 5.36B | 5.42B | 4.86B | 4.53B | 4.52B | 4.49B |
| Short-term debt | 223.00M | 938.00M | 737.00M | 433.00M | -- | -- | 6.00M | -- |
| Long-term debt | 4.68B | 3.62B | 4.41B | 3.30B | 3.00B | 3.00B | 2.77B | 2.43B |
| Total liabilities | 12,758,000,000.00 | 14,795,000,000.00 | 15,153,000,000.00 | 13,969,000,000.00 | 12,784,000,000.00 | 12,211,000,000.00 | 11,850,000,000.00 | 11,378,000,000.00 |
| Total equity | 6.44B | 6.38B | 2.55B | 3.62B | 4.08B | 4.04B | 4.55B | 4.86B |
| Retained earnings | 8.05B | 7.99B | 3.93B | 5.27B | 6.27B | 6.09B | 6.50B | 6.94B |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| Total current assets | 6.29B | 5.83B | 7.39B | 6.67B | 6.90B | 6.39B |
| Cash & ST investments | 932.00M | 829.00M | 447.00M | 1.25B | 1.29B | 1.29B |
| Inventory | 4.66B | 4.34B | 6.30B | 4.41B | 4.83B | 4.45B |
| Total assets | 16.09B | 15.55B | 17.06B | 16.24B | 16.31B | 15.73B |
| Total current liabilities | 4.39B | 4.22B | 5.89B | 4.49B | 4.67B | 4.02B |
| Short-term debt | 6.00M | 194.00M | -- | -- | -- | -- |
| Long-term debt | 2.77B | 2.43B | 2.43B | 2.43B | 2.43B | 2.43B |
| Total liabilities | 11,638,000,000.00 | 11,100,000,000.00 | 12,736,000,000.00 | 11,378,000,000.00 | 11,469,000,000.00 | 10,798,000,000.00 |
| Total equity | 4.45B | 4.45B | 4.33B | 4.86B | 4.84B | 4.93B |
| Retained earnings | 6.49B | 6.52B | 6.43B | 6.94B | 6.95B | -- |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.74B | 1.61B | 649.00M | 2.71B | 1.62B | 1.31B | 1.28B | 1.43B |
| Depreciation & amortization | 962.00M | 981.00M | 959.00M | 874.00M | 857.00M | 897.00M | 881.00M | 894.00M |
| Free cash flow | 803.00M | 451.00M | 183.00M | 2.12B | 320.00M | 312.00M | 396.00M | 690.00M |
| Dividends paid | -463.00M | -466.00M | -117.00M | -90.00M | -173.00M | -181.00M | -192.00M | -197.00M |
| Stock buybacks / issuance | 45.00M | 5.00M | -1.00M | -493.00M | -601.00M | -38.00M | -1.00M | -250.00M |
| Ending cash balance | 1.25B | 731.00M | 1.75B | 1.72B | 865.00M | 1.04B | 1.31B | 1.25B |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| Operating cash flow | -64.00M | 319.00M | -8.00M | 1.18B | 292.00M | 294.00M |
| Depreciation & amortization | 219.00M | 218.00M | 235.00M | 222.00M | 210.00M | 206.00M |
| Free cash flow | -241.00M | 153.00M | -190.00M | 968.00M | 115.00M | 147.00M |
| Dividends paid | -51.00M | -49.00M | -49.00M | -48.00M | -50.00M | -51.00M |
| Stock buybacks / issuance | -97.00M | -52.00M | -51.00M | -50.00M | -51.00M | -50.00M |
| Ending cash balance | 935.00M | 832.00M | 449.00M | 1.25B | 1.30B | 1.30B |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 18.30 | 8.80 | -88.33 | 46.32 | 30.56 | 2.56 | 13.40 | 13.64 |
| ROA %i | 5.74 | 2.79 | -20.29 | 8.10 | 6.83 | 0.63 | 3.57 | 3.93 |
| ROIC %i | 11.17 | 5.61 | -30.03 | 15.24 | 12.45 | 2.18 | 6.57 | 7.04 |
| 5-year avg ROE %i | 22.49 | 19.00 | -3.12 | 3.22 | 2.95 | -0.47 | 0.48 | 20.88 |
| EBIT margin %i | 6.56 | 3.70 | -24.88 | 8.40 | 6.70 | 1.09 | 3.82 | 4.18 |
| FCF / sales %i | 3.12 | 1.78 | 1.01 | 8.36 | 1.26 | 1.31 | 1.72 | 3.05 |
| Current ratioi | 1.42 | 1.18 | 1.15 | 1.25 | 1.20 | 1.34 | 1.43 | 1.49 |
| Quick ratioi | 0.30 | 0.19 | 0.36 | 0.37 | 0.24 | 0.29 | 0.36 | 0.42 |
| Debt / assetsi | 25.69 | 35.32 | 47.04 | 38.81 | 35.33 | 36.83 | 34.79 | 32.05 |
| LT debt / equityi | 73.15 | 102.54 | 297.38 | 176.55 | 145.98 | 148.30 | 125.22 | 107.08 |
| Interest coveragei | 6.30 | 4.47 | -15.63 | 8.20 | 9.58 | 1.92 | 7.63 | 9.75 |
| Revenue CAGR (3Y) %i | -1.68 | -1.57 | -10.97 | -0.44 | 0.16 | 9.66 | -3.24 | -3.85 |
| Net income CAGR (3Y) %i | 1.11 | -3.47 | -- | 8.88 | 26.66 | -- | -25.89 | -17.56 |
| FCF CAGR (3Y) %i | -2.67 | -20.24 | -46.81 | 38.10 | -10.81 | 19.46 | -42.79 | 29.19 |
| Line item | 2025-05 | 2025-08 | 2025-10 | 2026-01 | 2026-05 | 2026-07 |
|---|---|---|---|---|---|---|
| ROE %i | 12.92 | 11.29 | 11.26 | 13.64 | 14.36 | 15.99 |
| ROA %i | 3.43 | 3.15 | 2.78 | 3.93 | 4.12 | 4.80 |
| ROIC %i | 6.32 | 5.66 | 5.68 | 7.04 | 7.37 | 8.32 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 3.70 | 3.33 | 3.17 | 4.18 | 4.27 | 4.75 |
| FCF / sales %i | 1.12 | 2.66 | 3.51 | 3.05 | 4.60 | 4.57 |
| Current ratioi | 1.43 | 1.38 | 1.25 | 1.49 | 1.48 | 1.59 |
| Quick ratioi | 0.27 | 0.25 | 0.11 | 0.42 | 0.34 | 0.38 |
| Debt / assetsi | 35.20 | 35.25 | 30.73 | 32.05 | 31.33 | 32.36 |
| LT debt / equityi | 127.12 | 118.78 | 121.14 | 107.08 | 105.62 | 103.27 |
| Interest coveragei | 7.60 | 7.28 | 7.36 | 9.75 | 10.20 | 11.50 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 11:30:06 · For reference only, not investment advice and not tailored to your situation.