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. In the quarter to July 2026, revenue grew 1.20%, EPS grew 100.0%, free cash flow fell 17.4% and total debt fell 7.35%, each against the same quarter a year earlier. Dividend growth for five consecutive years.
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Macy's, Inc. (M) P/E ratio
As of 16 October 2026, Macy's, Inc. (M) trades at a P/E ratio of 8.5×. Over the past ten years it has ranged from 0.0× (July 2024) to 121× (March 2024); the current reading is higher than 57% of that period. That is below the Consumer Cyclical sector median of 17.3×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2026 | 8.8× | 17.95% |
| FY2025 | 7.5× | (92.76%) |
| FY2024 | 103× | 1,768.60% |
| FY2023 | 5.5× | 1.34% |
| FY2022 | 5.4× | — |
| FY2021 | 0.0× | — |
| FY2020 | 8.7× | 19.20% |
| FY2019 | 7.3× | 43.13% |
| FY2018 | 5.1× | (65.17%) |
| FY2017 | 14.7× | 19.27% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jul 2026 | 8.8× | 12.60% |
| Apr 2026 | 7.8× | (11.42%) |
| Jan 2026 | 8.8× | (21.95%) |
| Oct 2025 | 11.3× | 59.67% |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| CBDBY Companhia Brasileira de Distribuicao compare | n/m |
| EXTOY Almacenes Exito S.A. Sponsored ADR compare | 6.7× |
| M Macy's, Inc. | 8.5× |
| KSS Kohl's Corporation compare | 9.0× |
| DDS Dillard's, Inc. compare | 15.2× |
| PLBL Polibeli Group Ltd. compare | — |
| Consumer Cyclical sector median | 17.3× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)