Macy's, Inc.
M Consumer Cyclical Department Stores
Macy's, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $22.6 billion, down 1.67% from fiscal 2025.
- Revenue
- +1.20%
- EPS
- +100.0%
- Free cash flow
- −17.4%
- Total debt
- −7.35%
Quarter to July 2026, against a year earlier
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Macy's, Inc. (M) Free cash flow margin
Macy's, Inc.'s free cash flow margin over the twelve months to 31 July 2026 was 4.86%, up 1.3 percentage points from fiscal 2026 (3.52%). Over the past ten years it has ranged from 1.64% (fiscal 2021) to 8.97% (fiscal 2022); the current reading is higher than 50% of that period. That is above the Consumer Cyclical sector median of 3.20%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 3.52% | 0.57 |
| FY2025 | 2.95% | 1.28 |
| FY2024 | 1.67% | (0.13) |
| FY2023 | 1.80% | (7.17) |
| FY2022 | 8.97% | 7.33 |
| FY2021 | 1.64% | (0.87) |
| FY2020 | 2.51% | (2.45) |
| FY2019 | 4.96% | (1.39) |
| FY2018 | 6.35% | 0.47 |
| FY2017 | 5.88% | 1.91 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| LNWO Light & Wonder, Inc. compare | 28.1% |
| HRB H&R Block, Inc. compare | 19.2% |
| FTDR Frontdoor Inc. compare | 18.0% |
| CHDN Churchill Downs, Incorporated compare | 17.6% |
| BIRK Birkenstock Holding PLC compare | 12.4% |
| M Macy's, Inc. | 4.86% |
| JMKE Jersey Mike�s Subs Inc. compare | 0.00% |
| ZGN Ermenegildo Zegna N.V. compare | 0.00% |
| LAD Lithia Motors, Inc. compare | −1.05% |
| Consumer Cyclical sector median | 3.20% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
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- Operating margin
- Net margin
- P/E ratio
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- Price to free cash flow
- EV/EBITDA
- EV/Sales
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- Return on equity
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- Return on invested capital
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- Current ratio
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