Macy's Statistics
Total Valuation
Macy's has a market cap or net worth of $5.05 billion. The enterprise value is $10.00 billion.
| Market Cap | 5.05B |
| Enterprise Value | 10.00B |
Important Dates
The next estimated earnings date is Thursday, May 30, 2024, before market open.
| Earnings Date | May 30, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
Macy's has 274.27 million shares outstanding. The number of shares has increased by 1.09% in one year.
| Shares Outstanding | 274.27M |
| Shares Change (YoY) | +1.09% |
| Shares Change (QoQ) | +0.16% |
| Owned by Insiders (%) | 0.69% |
| Owned by Institutions (%) | 88.98% |
| Float | 272.01M |
Valuation Ratios
The trailing PE ratio is 48.50 and the forward PE ratio is 7.71. Macy's's PEG ratio is 0.91.
| PE Ratio | 48.50 |
| Forward PE | 7.71 |
| PS Ratio | 0.21 |
| Forward PS | 0.22 |
| PB Ratio | 1.22 |
| P/FCF Ratio | 12.70 |
| PEG Ratio | 0.91 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.65, with an EV/FCF ratio of 25.14.
| EV / Earnings | 95.28 |
| EV / Sales | 0.42 |
| EV / EBITDA | 8.65 |
| EV / EBIT | 38.63 |
| EV / FCF | 25.14 |
Financial Position
The company has a current ratio of 1.37, with a Debt / Equity ratio of 1.45.
| Current Ratio | 1.37 |
| Quick Ratio | 0.30 |
| Debt / Equity | 1.45 |
| Debt / EBITDA | 5.18 |
| Debt / FCF | 15.04 |
| Interest Coverage | 1.92 |
Financial Efficiency
Return on equity (ROE) is 2.50% and return on invested capital (ROIC) is 2.07%.
| Return on Equity (ROE) | 2.50% |
| Return on Assets (ROA) | 0.60% |
| Return on Capital (ROIC) | 2.07% |
| Revenue Per Employee | $278,870 |
| Profits Per Employee | $1,227 |
| Employee Count | 85,581 |
| Asset Turnover | 1.41 |
| Inventory Turnover | 3.28 |
Taxes
In the past 12 months, Macy's has paid $19.00 million in taxes.
| Income Tax | 19.00M |
| Effective Tax Rate | 15.32% |
Stock Price Statistics
The stock price has increased by +13.42% in the last 52 weeks. The beta is 2.19, so Macy's's price volatility has been higher than the market average.
| Beta (1Y) | 2.19 |
| 52-Week Price Change | +13.42% |
| 50-Day Moving Average | 19.62 |
| 200-Day Moving Average | 16.20 |
| Relative Strength Index (RSI) | 41.21 |
| Average Volume (30 Days) | 7,585,051 |
Short Selling Information
The latest short interest is 16.65 million, so 6.07% of the outstanding shares have been sold short.
| Short Interest | 16.65M |
| Short Previous Month | 18.08M |
| Short % of Shares Out | 6.07% |
| Short % of Float | 6.12% |
| Short Ratio (days to cover) | 1.78 |
Income Statement
In the last 12 months, Macy's had revenue of $23.87 billion and earned $105.00 million in profits. Earnings per share was $0.38.
| Revenue | 23.87B |
| Gross Profit | 9.72B |
| Operating Income | 248.00M |
| Pretax Income | 124.00M |
| Net Income | 105.00M |
| EBITDA | 1.16B |
| EBIT | 259.00M |
| Earnings Per Share (EPS) | $0.38 |
Balance Sheet
The company has $1.03 billion in cash and $5.98 billion in debt, giving a net cash position of -$4.95 billion or -$18.05 per share.
| Cash & Cash Equivalents | 1.03B |
| Total Debt | 5.98B |
| Net Cash | -4.95B |
| Net Cash Per Share | -$18.05 |
| Equity / Book Value | 4.14B |
| Book Value Per Share | 15.08 |
| Working Capital | 1.66B |
Cash Flow
In the last 12 months, operating cash flow was $1.31 billion and capital expenditures -$907.00 million, giving a free cash flow of $398.00 million.
| Operating Cash Flow | 1.31B |
| Capital Expenditures | -907.00M |
| Free Cash Flow | 398.00M |
| FCF Per Share | $1.45 |
Margins
Gross margin is 40.74%, with operating and profit margins of 1.04% and 0.44%.
| Gross Margin | 40.74% |
| Operating Margin | 1.04% |
| Pretax Margin | 0.52% |
| Profit Margin | 0.44% |
| EBITDA Margin | 4.84% |
| EBIT Margin | 1.09% |
| FCF Margin | 1.67% |
Dividends & Yields
This stock pays an annual dividend of $0.69, which amounts to a dividend yield of 3.77%.
| Dividend Per Share | $0.69 |
| Dividend Yield | 3.77% |
| Dividend Growth (YoY) | 5.02% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 182.84% |
| Buyback Yield | -1.09% |
| Shareholder Yield | 2.68% |
| Earnings Yield | 2.08% |
| FCF Yield | 7.87% |
Analyst Forecast
The average price target for Macy's is $17.40, which is -5.59% lower than the current price. The consensus rating is "Hold".
| Price Target | $17.40 |
| Price Target Difference | -5.59% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | 64.44% |
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 2.43 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.43 |
| Piotroski F-Score | 6 |