Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
22.08
+1.58 (7.71%)
At close: Sep 11, 2026, 4:00 PM EDT
22.04
-0.04 (-0.18%)
After-hours: Sep 11, 2026, 7:59 PM EDT

Macy's Statistics

Total Valuation

Macy's has a market cap or net worth of $5.77 billion. The enterprise value is $9.56 billion.

Market Cap5.77B
Enterprise Value 9.56B

Important Dates

The last earnings date was Thursday, September 10, 2026, before market open.

Earnings Date Sep 10, 2026
Ex-Dividend Date Sep 15, 2026

Share Statistics

Macy's has 261.18 million shares outstanding. The number of shares has decreased by -2.36% in one year.

Current Share Class 261.18M
Shares Outstanding 261.18M
Shares Change (YoY) -2.36%
Shares Change (QoQ) -0.29%
Owned by Insiders (%) 0.39%
Owned by Institutions (%) 95.73%
Float 254.47M

Valuation Ratios

The trailing PE ratio is 8.05 and the forward PE ratio is 10.37.

PE Ratio 8.05
Forward PE 10.37
PS Ratio 0.25
Forward PS 0.27
PB Ratio 1.17
P/TBV Ratio 1.57
P/FCF Ratio 4.08
P/OCF Ratio 3.27
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.83, with an EV/FCF ratio of 6.76.

EV / Earnings 12.75
EV / Sales 0.42
EV / EBITDA 6.83
EV / EBIT 10.89
EV / FCF 6.76

Financial Position

The company has a current ratio of 1.59, with a Debt / Equity ratio of 1.03.

Current Ratio 1.59
Quick Ratio 0.38
Debt / Equity 1.03
Debt / EBITDA 3.03
Debt / FCF 3.60
Interest Coverage 9.34

Financial Efficiency

Return on equity (ROE) is 15.99% and return on invested capital (ROIC) is 7.68%.

Return on Equity (ROE) 15.99%
Return on Assets (ROA) 3.51%
Return on Invested Capital (ROIC) 7.68%
Return on Capital Employed (ROCE) 7.50%
Weighted Average Cost of Capital (WACC) 7.10%
Revenue Per Employee $252,746
Profits Per Employee $8,321
Employee Count90,134
Asset Turnover 1.46
Inventory Turnover 3.10

Taxes

In the past 12 months, Macy's has paid $237.00 million in taxes.

Income Tax 237.00M
Effective Tax Rate 24.01%

Stock Price Statistics

The stock price has increased by +29.58% in the last 52 weeks. The beta is 1.43, so Macy's's price volatility has been higher than the market average.

Beta (5Y) 1.43
52-Week Price Change +29.58%
50-Day Moving Average 23.48
200-Day Moving Average 21.60
Relative Strength Index (RSI) 45.14
Average Volume (20 Days) 6,280,725

Short Selling Information

The latest short interest is 30.35 million, so 11.62% of the outstanding shares have been sold short.

Short Interest 30.35M
Short Previous Month 30.59M
Short % of Shares Out 11.62%
Short % of Float 11.93%
Short Ratio (days to cover) 6.43

Income Statement

In the last 12 months, Macy's had revenue of $22.78 billion and earned $750.00 million in profits. Earnings per share was $2.74.

Revenue22.78B
Gross Profit 9.18B
Operating Income 878.00M
Pretax Income 987.00M
Net Income 750.00M
EBITDA 1.40B
EBIT 878.00M
Earnings Per Share (EPS) $2.74
Full Income Statement

Balance Sheet

The company has $1.29 billion in cash and $5.09 billion in debt, with a net cash position of -$3.80 billion or -$14.53 per share.

Cash & Cash Equivalents 1.29B
Total Debt 5.09B
Net Cash -3.80B
Net Cash Per Share -$14.53
Equity (Book Value) 4.93B
Book Value Per Share 18.87
Working Capital 2.37B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.76 billion and capital expenditures -$347.00 million, giving a free cash flow of $1.41 billion.

Operating Cash Flow 1.76B
Capital Expenditures -347.00M
Depreciation & Amortization 522.00M
Net Borrowing -216.00M
Free Cash Flow 1.41B
FCF Per Share $5.41
Full Cash Flow Statement

Margins

Gross margin is 40.28%, with operating and profit margins of 3.85% and 3.29%.

Gross Margin 40.28%
Operating Margin 3.85%
Pretax Margin 4.33%
Profit Margin 3.29%
EBITDA Margin 6.15%
EBIT Margin 3.85%
FCF Margin 6.21%

Dividends & Yields

This stock pays an annual dividend of $0.77, which amounts to a dividend yield of 3.47%.

Dividend Per Share $0.77
Dividend Yield 3.47%
Dividend Growth (YoY) 4.99%
Years of Dividend Growth 4
Payout Ratio 27.92%
Buyback Yield 2.36%
Shareholder Yield 6.00%
Earnings Yield 13.01%
FCF Yield 24.52%
Dividend Details

Analyst Forecast

The average price target for Macy's is $23.15, which is 4.85% higher than the current price. The consensus rating is "Hold".

Price Target $23.15
Price Target Difference 4.85%
Analyst Consensus Hold
Analyst Count 13
Revenue Growth Forecast (3Y) -2.28%
EPS Growth Forecast (3Y) 3.02%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 12, 2006. It was a forward split with a ratio of 2:1.

Last Split Date Jun 12, 2006
Split Type Forward
Split Ratio 2:1

Scores

Macy's has an Altman Z-Score of 2.74 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.74
Piotroski F-Score 6