Macy's, Inc. (M)
NYSE: M · Real-Time Price · USD
19.86
-0.24 (-1.19%)
Apr 27, 2026, 10:31 AM EDT - Market open

Macy's Statistics

Total Valuation

Macy's has a market cap or net worth of $5.24 billion. The enterprise value is $9.56 billion.

Market Cap5.24B
Enterprise Value 9.56B

Important Dates

The next estimated earnings date is Wednesday, May 27, 2026, before market open.

Earnings Date May 27, 2026
Ex-Dividend Date Mar 13, 2026

Share Statistics

Macy's has 263.76 million shares outstanding. The number of shares has decreased by -1.81% in one year.

Current Share Class 263.76M
Shares Outstanding 263.76M
Shares Change (YoY) -1.81%
Shares Change (QoQ) +0.11%
Owned by Insiders (%) 0.38%
Owned by Institutions (%) 89.71%
Float 262.56M

Valuation Ratios

The trailing PE ratio is 8.66 and the forward PE ratio is 9.55.

PE Ratio 8.66
Forward PE 9.55
PS Ratio 0.23
Forward PS 0.24
PB Ratio 1.09
P/TBV Ratio 1.87
P/FCF Ratio 4.95
P/OCF Ratio 3.66
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.73, with an EV/FCF ratio of 9.04.

EV / Earnings 14.89
EV / Sales 0.42
EV / EBITDA 6.73
EV / EBIT 10.90
EV / FCF 9.04

Financial Position

The company has a current ratio of 1.49, with a Debt / Equity ratio of 1.15.

Current Ratio 1.49
Quick Ratio 0.42
Debt / Equity 1.15
Debt / EBITDA 3.26
Debt / FCF 5.27
Interest Coverage 9.04

Financial Efficiency

Return on equity (ROE) is 13.64% and return on invested capital (ROIC) is 7.25%.

Return on Equity (ROE) 13.64%
Return on Assets (ROA) 3.36%
Return on Invested Capital (ROIC) 7.25%
Return on Capital Employed (ROCE) 7.47%
Weighted Average Cost of Capital (WACC) 6.81%
Revenue Per Employee $250,971
Profits Per Employee $7,123
Employee Count90,134
Asset Turnover 1.39
Inventory Turnover 3.04

Taxes

In the past 12 months, Macy's has paid $207.00 million in taxes.

Income Tax 207.00M
Effective Tax Rate 24.38%

Stock Price Statistics

The stock price has increased by +78.44% in the last 52 weeks. The beta is 1.53, so Macy's's price volatility has been higher than the market average.

Beta (5Y) 1.53
52-Week Price Change +78.44%
50-Day Moving Average 19.10
200-Day Moving Average 18.54
Relative Strength Index (RSI) 61.04
Average Volume (20 Days) 4,971,817

Short Selling Information

The latest short interest is 29.33 million, so 11.12% of the outstanding shares have been sold short.

Short Interest 29.33M
Short Previous Month 24.01M
Short % of Shares Out 11.12%
Short % of Float 11.17%
Short Ratio (days to cover) 3.07

Income Statement

In the last 12 months, Macy's had revenue of $22.62 billion and earned $642.00 million in profits. Earnings per share was $2.32.

Revenue22.62B
Gross Profit 9.12B
Operating Income 877.00M
Pretax Income 849.00M
Net Income 642.00M
EBITDA 1.42B
EBIT 877.00M
Earnings Per Share (EPS) $2.32
Full Income Statement

Balance Sheet

The company has $1.25 billion in cash and $5.57 billion in debt, with a net cash position of -$4.32 billion or -$16.38 per share.

Cash & Cash Equivalents 1.25B
Total Debt 5.57B
Net Cash -4.32B
Net Cash Per Share -$16.38
Equity (Book Value) 4.86B
Book Value Per Share 18.48
Working Capital 2.18B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.43 billion and capital expenditures -$373.00 million, giving a free cash flow of $1.06 billion.

Operating Cash Flow 1.43B
Capital Expenditures -373.00M
Depreciation & Amortization 543.00M
Net Borrowing -365.00M
Free Cash Flow 1.06B
FCF Per Share $4.01
Full Cash Flow Statement

Margins

Gross margin is 40.33%, with operating and profit margins of 3.88% and 2.84%.

Gross Margin 40.33%
Operating Margin 3.88%
Pretax Margin 3.75%
Profit Margin 2.84%
EBITDA Margin 6.28%
EBIT Margin 3.88%
FCF Margin 4.67%

Dividends & Yields

This stock pays an annual dividend of $0.77, which amounts to a dividend yield of 3.81%.

Dividend Per Share $0.77
Dividend Yield 3.81%
Dividend Growth (YoY) 5.00%
Years of Dividend Growth 4
Payout Ratio 31.84%
Buyback Yield 1.81%
Shareholder Yield 5.63%
Earnings Yield 12.26%
FCF Yield 20.18%
Dividend Details

Analyst Forecast

The average price target for Macy's is $20.09, which is 1.16% higher than the current price. The consensus rating is "Hold".

Price Target $20.09
Price Target Difference 1.16%
Analyst Consensus Hold
Analyst Count 13
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 3.35%
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 2.56 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.56
Piotroski F-Score 7