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) 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
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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
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| HRB H&R Block, Inc. compare | 89.9% |
| M Macy's, Inc. | 11.8% |
| BIRK Birkenstock Holding PLC compare | 8.63% |
| CHDN Churchill Downs, Incorporated compare | 8.20% |
| LNWO Light & Wonder, Inc. compare | 8.11% |
| LAD Lithia Motors, Inc. compare | 6.05% |
| JMKE Jersey Mike�s Subs Inc. compare | 3.01% |
| FTDR Frontdoor Inc. compare | 0.00% |
| ZGN Ermenegildo Zegna N.V. compare | 0.00% |
| Consumer Cyclical sector median | 3.42% |
| Market median | 0.00% |
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)
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- EV/EBITDA
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