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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

Dividend growth 5 yrs

24.27 1.43 −5.56%

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Market cap: $6.3B
P/E: 8.6×
Fwd P/E: 10.1×
Dividend yield: 3.12%
F-score: 8/9
Altman Z: 2.65
Beneish M: −1.80
Dividend safety: 78/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Macy's, Inc. (M) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Macy's, Inc. (M) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.2× (April 2020) to 4.8× (July 2015); the current reading is higher than 42% of that period. That is below the Consumer Cyclical sector median of 1.7×.

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<iframe src="https://stockrow.com/embed/M/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Macy&#39;s, Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/M/metrics/pb-ratio">Macy&#39;s, Inc. (M) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2026	1.2×	24.12%
FY2025	1.0×	(23.53%)
FY2024	1.2×	(21.84%)
FY2023	1.6×	(26.69%)
FY2022	2.2×	21.00%
FY2021	1.8×	131.41%
FY2020	0.8×	(38.40%)
FY2019	1.3×	(9.04%)
FY2018	1.4×	(34.44%)
FY2017	2.1×	(33.25%)

Period	P/B ratio	Change
Jul 2026	1.3×	24.24%
Apr 2026	1.1×	(9.43%)
Jan 2026	1.2×	(2.13%)
Oct 2025	1.2×	56.29%
43 more quarters	Free account

Against its own ten years

Low 0.2× High 4.8×

Ten-year median 1.4×

Current reading's percentile 46

Company	P/B ratio
ZGN Ermenegildo Zegna N.V. compare	0.1×
LAD Lithia Motors, Inc. compare	1.0×
M Macy's, Inc.	1.3×
BIRK Birkenstock Holding PLC compare	2.1×
JMKE Jersey Mike�s Subs Inc. compare	2.9×
CHDN Churchill Downs, Incorporated compare	5.0×
LNWO Light & Wonder, Inc. compare	14.9×
FTDR Frontdoor Inc. compare	22.8×
HRB H&R Block, Inc. compare	59.6×
Consumer Cyclical sector median	1.7×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Macy's, Inc. (M) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

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P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

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