Macy's, Inc. M

Latest FY: 2026 Consumer Cyclical Department Stores
Market Price $23.93
Market Cap $6.27B
P/E Ratio 10.31
Quick Peer Compare (Consumer Cyclical):
Revenue (FY 2026) ↓-2.4% YoY
$21.76B
3-Yr CAGR: -3.8%
Net Income ↑10.3% YoY
$642.00M
Net Margin: 2.9%
Free Cash Flow ↑39.1% YoY
$1.06B
FCF Yield: 16.86%
EPS (Diluted) ↑12.1% YoY
$2.32
Basic: $2.37
Return on Equity Efficiency
13.2%
ROA: 4.0%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (M)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $27,079.0M $10,583.0M $1,072.0M $3.22 $1,984.0M $1,207.0M
FY 2017 $25,778.0M -4.8% $10,157.0M $619.0M -42.3% $1.99 -38.2% $1,801.0M $1,205.0M -0.2%
FY 2018 $24,939.0M -3.3% $9,758.0M $1,566.0M +153.0% $5.10 +156.3% $1,976.0M $1,489.0M +23.6%
FY 2019 $24,971.0M +0.1% $9,756.0M $1,108.0M -29.2% $3.56 -30.2% $1,735.0M $1,078.0M -27.6%
FY 2020 $24,560.0M -1.6% $9,389.0M $564.0M -49.1% $1.81 -49.2% $1,608.0M $706.0M -34.5%
FY 2021 $17,346.0M -29.4% $5,060.0M $-3,944.0M -799.3% $-12.68 -800.6% $649.0M $311.0M -55.9%
FY 2022 $24,460.0M +41.0% $9,504.0M $1,430.0M +136.3% $4.55 +135.9% $2,712.0M $2,358.0M +658.2%
FY 2023 $24,442.0M -0.1% $9,136.0M $1,177.0M -17.7% $4.19 -7.9% $1,615.0M $727.0M -69.2%
FY 2024 $23,092.0M -5.5% $8,868.0M $45.0M -96.2% $0.16 -96.2% $1,305.0M $674.0M -7.3%
FY 2025 $22,293.0M -3.5% $8,553.0M $582.0M +1,193.3% $2.07 +1,193.8% $1,278.0M $760.0M +12.8%
FY 2026 $21,764.0M -2.4% $8,267.0M $642.0M +10.3% $2.32 +12.1% $1,430.0M $1,057.0M +39.1%
$

Valuation

Market Price $23.93
Market Cap $6.27B
Enterprise Value $7.46B
P/E Ratio 10.31
P/B Ratio 1.30
FCF Yield 16.86%
Dividend Yield 3.05%
Shares Outstanding 263,038,000
%

Profitability & Margins

Gross Margin 37.98%
Operating Margin 4.73%
Net Margin 2.95%
Return on Equity (ROE) 13.21%
Return on Assets (ROA) 3.95%
Asset Turnover 1.34x
Revenue 3-Yr CAGR -3.79%
🛡️

Financial Health & Liquidity

Current Ratio 2.55
Cash Ratio 0.48
Debt / Equity 0.500
Debt / Assets 0.150
Cash & Equivalents $1.25B
Total Debt $2.43B
Book Value / Share $18.48
💧

Cash Flow Efficiency

Operating Cash Flow $1.43B
Capital Expenditures (CapEx) $373.00M
Free Cash Flow $1.06B
OCF / Revenue 6.57%
FCF / Revenue 4.86%
FCF 3-Yr CAGR 13.29%
🏷️

Per Share Metrics

EPS (Diluted) $2.32
EPS (Basic) $2.37
Dividends / Share $0.73
Book Value / Share $18.48
EPS YoY Growth 12.08%
🏛️

Balance Sheet (FY 2026)

Total Assets $16.24B
Total Liabilities $16.24B
Stockholders' Equity $4.86B
Current Assets $6.67B
Current Liabilities $2.62B