Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
22.70
+1.18 (5.48%)
At close: Feb 6, 2026, 4:00 PM EST
22.63
-0.07 (-0.31%)
After-hours: Feb 6, 2026, 7:53 PM EST
Macy's Cash Flow Statement
Financials in millions USD. Fiscal year is March - February.
Millions USD. Fiscal year is Mar - Feb.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 | Jul '21 Jul 31, 2021 | May '21 May 1, 2021 | Jan '21 Jan 30, 2021 |
Net Income | 11 | 86 | 38 | 342 | 28 | 150 | 62 | -128 | 40 | -22 | 155 | 509 | 107 | 275 | 286 | 743 | 239 | 345 | 103 | 160 |
Depreciation & Amortization | 235 | 218 | 219 | -86 | 228 | 213 | 216 | -37 | 232 | 215 | 218 | -16 | 225 | 207 | 206 | -32 | 224 | 220 | 224 | -31 |
Other Amortization | 1 | 4 | 2 | 312 | 4 | 2 | 3 | 271 | 3 | 2 | 3 | 238 | 3 | 3 | 2 | 242 | 52 | 6 | 8 | 275 |
Loss (Gain) From Sale of Assets | -12 | -16 | -16 | -41 | -66 | -36 | -1 | -41 | -5 | -4 | -11 | -15 | -32 | - | -42 | -30 | -49 | -6 | -6 | -40 |
Asset Writedown & Restructuring Costs | 3 | 23 | 7 | 137 | -24 | - | 19 | 991 | 15 | 4 | 2 | -5 | 15 | 2 | 8 | -12 | - | 2 | 19 | 138 |
Stock-Based Compensation | 15 | 15 | 13 | 16 | 14 | 15 | 13 | 2 | 15 | 16 | 14 | 10 | 14 | 17 | 13 | 23 | 10 | 11 | 11 | 10 |
Other Operating Activities | 5 | 1 | -1 | 82 | -13 | -25 | -9 | -181 | 11 | 109 | -30 | 62 | 5 | -16 | -12 | 34 | 72 | 97 | -33 | -31 |
Change in Accounts Receivable | 24 | 30 | 62 | -66 | 43 | -10 | 35 | -75 | 5 | 32 | 45 | -96 | 15 | 13 | 65 | -85 | 9 | -16 | 71 | -91 |
Change in Inventory | -1,955 | 321 | -198 | 1,789 | -1,879 | 312 | -273 | 1,658 | -1,895 | 478 | -340 | 2,135 | -1,792 | 346 | -573 | 1,757 | -1,842 | -68 | -457 | 1,372 |
Change in Accounts Payable | 1,722 | -338 | -102 | -1,181 | 1,522 | -513 | 112 | -1,411 | 1,503 | -430 | -41 | -1,639 | 1,691 | -994 | 639 | -1,295 | 1,111 | -27 | 674 | -2,134 |
Change in Income Taxes | -13 | -16 | 25 | 2 | 17 | -122 | 34 | 127 | -3 | -203 | 82 | -2 | -1 | -194 | 122 | 638 | -62 | -63 | 75 | 201 |
Change in Other Net Operating Assets | -44 | -9 | -113 | 2 | -41 | 22 | -82 | -29 | -34 | -31 | 8 | -54 | -65 | 396 | -466 | -112 | 112 | -30 | -195 | 576 |
Operating Cash Flow | -8 | 319 | -64 | 1,308 | -167 | 8 | 129 | 1,147 | -113 | 166 | 105 | 1,127 | 185 | 55 | 248 | 1,871 | -124 | 471 | 494 | 405 |
Operating Cash Flow Growth | - | 3887.50% | - | 14.04% | - | -95.18% | 22.86% | 1.77% | - | 201.82% | -57.66% | -39.77% | - | -88.32% | -49.80% | 361.97% | - | 200.00% | - | -71.80% |
Capital Expenditures | -93 | -79 | -100 | -119 | -128 | -117 | -154 | -146 | -95 | -175 | -215 | -233 | -277 | -207 | -171 | -124 | -88 | -81 | -61 | -48 |
Sale of Property, Plant & Equipment | 20 | 37 | 38 | 96 | 136 | 47 | 4 | 50 | 4 | 7 | 25 | 15 | 49 | - | 73 | 46 | 84 | 26 | 8 | 74 |
Sale (Purchase) of Intangibles | -89 | -87 | -77 | -114 | -89 | -86 | -75 | -98 | -90 | -93 | -81 | -79 | -124 | -114 | -90 | -88 | -67 | -50 | -38 | -32 |
Other Investing Activities | -1 | - | 6 | - | -1 | - | 8 | -3 | -4 | - | 1 | -3 | -2 | - | -6 | -1 | 12 | 35 | 17 | -5 |
Investing Cash Flow | -163 | -129 | -133 | -137 | -82 | -156 | -217 | -197 | -185 | -261 | -270 | -300 | -354 | -321 | -194 | -167 | -59 | -70 | -74 | -11 |
Long-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 850 | - | - | - | 500 | - |
Total Debt Issued | 52 | 500 | - | 81 | 223 | - | - | 576 | 387 | - | - | 918 | 1,041 | - | 850 | 110 | 475 | - | 500 | 181 |
Short-Term Debt Repaid | - | - | -23 | - | - | - | -21 | - | - | - | -13 | - | - | - | -126 | - | - | - | -276 | - |
Long-Term Debt Repaid | - | - | -1 | - | - | - | -1 | - | - | - | -1 | - | - | - | -1,139 | - | - | - | -503 | - |
Total Debt Repaid | -148 | -674 | -24 | -211 | -257 | -34 | -22 | -810 | -117 | -22 | -14 | -1,166 | -803 | -47 | -1,265 | -177 | -1,709 | -57 | -779 | -444 |
Net Debt Issued (Repaid) | -96 | -174 | -24 | -130 | -34 | -34 | -22 | -234 | 270 | -22 | -14 | -248 | 238 | -47 | -415 | -67 | -1,234 | -57 | -279 | -263 |
Issuance of Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7 | - | - | - | - |
Repurchase of Common Stock | -51 | -52 | -97 | -1 | - | - | - | - | - | -3 | -35 | - | - | -17 | -584 | -206 | -294 | - | - | -1 |
Common Dividends Paid | -49 | -49 | -51 | -48 | -48 | -48 | -48 | -46 | -45 | -45 | -45 | -43 | -43 | -42 | -45 | -44 | -46 | - | - | - |
Other Financing Activities | -16 | -18 | -6 | - | - | - | - | - | -1 | - | - | - | - | - | -50 | - | -137 | -3 | -21 | - |
Financing Cash Flow | -212 | -293 | -178 | -179 | -82 | -82 | -70 | -280 | 224 | -70 | -94 | -291 | 195 | -106 | -1,094 | -310 | -1,711 | -60 | -300 | -264 |
Net Cash Flow | -383 | -103 | -375 | 992 | -331 | -230 | -158 | 670 | -74 | -165 | -259 | 536 | 26 | -372 | -1,040 | 1,394 | -1,894 | 341 | 120 | 130 |
Free Cash Flow | -101 | 240 | -164 | 1,189 | -295 | -109 | -25 | 1,001 | -208 | -9 | -110 | 894 | -92 | -152 | 77 | 1,747 | -212 | 390 | 433 | 357 |
Free Cash Flow Growth | - | - | - | 18.78% | - | - | - | 11.97% | - | - | - | -48.83% | - | - | -82.22% | 389.36% | - | 664.71% | - | -69.14% |
Free Cash Flow Margin | -2.06% | 4.80% | -3.42% | 14.85% | -6.02% | -2.14% | -0.50% | 11.95% | -4.13% | -0.17% | -2.13% | 10.42% | -1.68% | -2.60% | 1.38% | 19.56% | -3.75% | 6.67% | 8.90% | 5.07% |
Free Cash Flow Per Share | -0.37 | 0.87 | -0.58 | 4.21 | -1.05 | -0.39 | -0.09 | 3.64 | -0.75 | -0.03 | -0.40 | 3.21 | -0.33 | -0.55 | 0.27 | 5.73 | -0.68 | 1.22 | 1.36 | 1.13 |
Cash Interest Paid | 63 | 57 | 56 | 18 | 58 | 20 | 59 | 19 | 56 | 22 | 60 | 20 | 60 | 22 | 86 | 35 | 255 | 100 | 52 | 117 |
Cash Income Tax Paid | 4 | 43 | 7 | 97 | 4 | 191 | 12 | 23 | 2 | 209 | 6 | 99 | 51 | 304 | 1 | - | 62 | 161 | 5 | 10 |
Levered Free Cash Flow | -16.88 | 146.75 | 139.75 | 598.25 | -68.13 | -253.25 | 120.5 | 447.38 | -115.5 | -172.5 | 60.25 | 307 | -39.5 | -372.25 | 145.13 | 1,396 | -29.88 | 324.25 | -171.5 | 193.75 |
Unlevered Free Cash Flow | -2.25 | 158.38 | 154.63 | 609.38 | -52.13 | -235.88 | 136.88 | 462.25 | -96.63 | -152 | 80.38 | 323.38 | -16.25 | -349 | 172.5 | 1,420 | -48.75 | 368.25 | -130.13 | 239.88 |
Change in Working Capital | -266 | -12 | -326 | 546 | -338 | -311 | -174 | 270 | -424 | -154 | -246 | 344 | -152 | -433 | -213 | 903 | -672 | -204 | 168 | -76 |
Updated Dec 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.