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

24.27 1.43 −5.56%
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

Macy's, Inc. (M) Return on invested capital

Alert me on Return on invested capital

Macy's, Inc.'s return on invested capital over the twelve months to 31 July 2026 was 11.8%, up 1.1 percentage points from fiscal 2026 (10.7%). Over the past ten years it has ranged from −48.8% (fiscal 2021) to 26.5% (fiscal 2022); the current reading is higher than 50% of that period. That is above the Consumer Cyclical sector median of 3.42%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2026 10.7% 1.22
FY2025 9.43% 6.29
FY2024 3.14% (12.97)
FY2023 16.1% (10.43)
FY2022 26.5% 75.33
FY2021 −48.8% (54.94)
FY2020 6.15% (4.69)
FY2019 10.8% (0.63)
FY2018 11.5% 2.81
FY2017 8.66% (3.16)

Against its own ten years

Low −48.8% High 26.5%
Ten-year median 10.7%
Current reading's percentile 50

Return on invested capital against peers

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on M