Tearsheet
Investment Highlights Market Valuation Price Chart Return vs. Risk About M Interactive Breakdown Better Bets vs. M Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Macy's (M)

Market Price (10/25/2025): $18.725 | Market Cap: $5.1 Bil
Sector: Consumer Discretionary | Industry: Broadline Retail

Macy's (M)

Market Price (10/25/2025): $18.725
Market Cap: $5.1 Bil
Sector: Consumer Discretionary
Industry: Broadline Retail

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, Dividend Yield is 3.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.3%, FCF Yield is 12%		 Trading close to highs
Dist 52W High is 0.0%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 91%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32%		 Weak multi-year price returns
3Y Excs Rtn is -70%		 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -1.9%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, Dividend Yield is 3.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.3%, FCF Yield is 12%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32%
2 Trading close to highs
Dist 52W High is 0.0%
3 Weak multi-year price returns
3Y Excs Rtn is -70%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 91%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -1.9%

Market Valuation & Key Metrics

MS&P 500
REVENUE GROWTHVERY POOR
Rev LTM ($ Bil)22.7
Rev Chg Q-1.9%6.3%
Rev Chg LTM-3.4%5.2%
Rev Chg 3Y Avg-4.5%5.3%
PROFITABILITYVERY POOR
Op Inc LTM ($ Bil)0.8
CFO LTM ($ Bil)1.4
Net Inc LTM ($ Bil)0.5
Op Mgn LTM3.7%18.7%
CFO/Rev LTM6.1%20.4%
Net Inc Mgn2.2%12.7%
VALUATIONLOW
P/S0.23.3
P/CFO3.616.0
P/FCF8.421.0
P/E10.324.1
STABILITYPOOR
Debt/Equity1.080.21
Cash/Assets0.050.07

M Stock

   
   
   
   
   
   
   

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
M Return-31%136%-19%2%-12%15%29%
Peers Return12%6%-16%21%5%4%32%
S&P 500 Return16%27%-19%24%23%15%106%

Monthly Win Rates [3]
M Win Rate58%83%25%50%42%44% 
Peers Win Rate43%43%33%50%42%64% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
M Max Drawdown-73%-0%-41%-47%-28%-40% 
Peers Max Drawdown-38%-12%-28%-13%-14%-22% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: TJX, TGT, OLLI, KSS, BBBY. See M Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/24/2025 (YTD)

How Low Can It Go

Unique KeyEventMS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-71.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven253.5%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-75.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven308.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven345 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-65.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven192.4%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-87.8%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven718.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1631 days1480 days

Compare to TJX, TGT, OLLI, KSS, BBBY


In The Past

Macy's's stock fell -71.7% during the 2022 Inflation Shock from a high on 11/18/2021. A -71.7% loss requires a 253.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Macy's (M)

Better Bets than Macy's (M)

 MBetter Performance than M
MetricValueIndustry (Broadline Retail)
Rev Chg LTM-3.4%AMZN (10.9%), BABA (5.3%), MELI (35.8%), CPNG (18.7%), EBAY (1.5%)
Rev Chg 3Y Avg-4.5%AMZN (11.3%), BABA (5.5%), MELI (39.8%), CPNG (17.6%), EBAY (0.2%)
Op Mgn LTM3.7%AMZN (11.4%), BABA (14.6%), MELI (12.3%), EBAY (22.3%), DDS (10.9%)
CFO/Rev LTM6.1%AMZN (18.1%), BABA (15.0%), MELI (35.2%), EBAY (25.1%), DDS (13.0%)
FCF/Rev LTM2.7%BABA (15.0%), MELI (30.6%), EBAY (20.6%), DDS (11.7%), ETSY (22.4%)
Total Yield13.6%BABA (36.1%), KSS (18.9%), NHTC (18.7%), MI (164.0%)
 MBetter Performance than M
MetricValueAll Other Sectors
Rev Chg LTM-3.4%NVDA (71.6%), AAPL (6.0%), MSFT (14.9%), GOOGL (13.1%), META (19.4%)
Rev Chg 3Y Avg-4.5%NVDA (92.0%), AAPL (1.8%), MSFT (12.5%), GOOGL (10.2%), META (13.0%)
Op Mgn LTM3.7%NVDA (58.1%), AAPL (31.9%), MSFT (45.6%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM6.1%NVDA (46.6%), AAPL (26.6%), MSFT (48.3%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM2.7%NVDA (43.6%), AAPL (23.5%), MSFT (25.4%), GOOGL (18.0%), META (30.7%)
Total Yield13.6%VZ (18.0%), TD (15.0%), CMCSA (18.6%), MO (14.4%), ENB (14.4%)
null

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Macy's Earnings Notes  
2How Low Can Macy's Stock Really Go?Return 
3How Does Macy's Stock Stack Up Against Its Peers?Peer Comparison 
4Better Bet Than M Stock: Pay Less Than Macy's To Get More From CHTR, IBKR   
5M Dip Buy Analysis  
6Macy's Total Shareholder Return (TSR): -9.1% in 2025 and -7.1% 3-yr compounded annual returns (below peer average)  
7Macy's vs. StoneCo: M stock's significantly lower valuation vs. STNE appears counterintuitiveCounter-Intuitive Comparisons 
8Macy's (M) Stock: 27% of days in last 3 months had 1% or greater fluctuation  
9Macy's vs. S&P500 CorrelationCorrelation 
10Macy's Price VolatilityVolatility 
11ARTICLES  
12Small Cap Stocks Trading At 52-Week High October 23rd, 2025
13Buy Or Fear Macy’s Stock? September 4th, 2025
14Macy’s Stock Up 7% Over Last Ten Days. What’s Next? July 29th, 2022
15Can Macy’s Stock Rebound After An 8% Fall In The Last Ten Days? April 5th, 2022
16What’s Next For Macy’s Stock After An 8% Move Last Week? September 27th, 2021
Title
0DASHBOARDS
1Small Cap Stocks Trading At 52-Week High
2Buy Or Fear Macy’s Stock?
3Macy’s Stock Up 7% Over Last Ten Days. What’s Next?
4Can Macy’s Stock Rebound After An 8% Fall In The Last Ten Days?
5What’s Next For Macy’s Stock After An 8% Move Last Week?
6ARTICLES
7Macy's Earnings Notes
8How Low Can Macy's Stock Really Go?
9How Does Macy's Stock Stack Up Against Its Peers?
10Better Bet Than M Stock: Pay Less Than Macy's To Get More From CHTR, IBKR 
11M Dip Buy Analysis
12Macy's Total Shareholder Return (TSR): -9.1% in 2025 and -7.1% 3-yr compounded annual returns (below peer average)
13Macy's vs. StoneCo: M stock's significantly lower valuation vs. STNE appears counterintuitive
14Macy's (M) Stock: 27% of days in last 3 months had 1% or greater fluctuation
15Macy's vs. S&P500 Correlation
16Macy's Price Volatility

Trade Ideas

Select past ideas related to M. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-18.6%-18.6%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		1.2%1.2%-6.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-8.4%-8.4%-8.4%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		5.1%5.1%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		9.7%9.7%-11.7%
M_5312023_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG05312023MMacy'sDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		18.0%46.8%-20.3%
M_8312019_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG08312019MMacy'sDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		-6.2%-48.7%-67.3%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-18.6%-18.6%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		1.2%1.2%-6.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-8.4%-8.4%-8.4%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		5.1%5.1%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		9.7%9.7%-11.7%
M_5312023_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG05312023MMacy'sDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		18.0%46.8%-20.3%
M_8312019_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG08312019MMacy'sDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		-6.2%-48.7%-67.3%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1VICRVicor57.5%87.2%
2INBXInhibrx Biosciences53.8%272.0%
3CLBCore Laboratories48.7%-2.4%
4BALYBallys46.2%6.8%
5MOFGMidWestOne Financial43.2%39.2%
6NUVBNuvation Bio42.2%82.3%
7CLOVClover Health Investments41.0%21.3%
8CELCCelcuity36.6%442.2%
9WGOWinnebago Industries33.6%-12.7%
10GTXGarrett Motion33.3%91.3%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-45.4%8328.6%
2ITGRInteger-30.4%-45.0%
3METCRamaco Resources-23.8%244.9%
4WRLDWorld Acceptance-18.6%25.6%
5ASMAvino Silver & Gold Mines-18.2%450.5%
6SESSES AI-17.6%15.5%
7SMPLSimply Good Foods-17.5%-48.0%
8TNGXTango Therapeutics-17.0%142.6%
9OKLOOklo-16.7%540.8%
10LENZLENZ Therapeutics-16.4%10.7%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1498.4%344.0%
2PRAXPraxis Precision Medicines253.2%126.1%
3NVTSNavitas Semiconductor116.1%294.1%
4SNDKSanDisk97.4% 
5UAMYUnited States Antimony90.3%578.5%
6GRALGRAIL85.2%400.8%
7BALYBallys82.9%6.8%
8ORKAOruka Therapeutics81.1%40.5%
9INBXInhibrx Biosciences79.9%272.0%
10CIFRCipher Mining77.2%345.3%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1VGVenture Global-35.7% 
2PMIPicard Medical-35.3%8328.6%
3SOCSable Offshore-33.7%-41.7%
4FWRDForward Air-28.9%-39.0%
5FLYFirefly Aerospace-28.5% 
6ITGRInteger-28.4%-45.0%
7USNAUsana Health Sciences-26.5%-42.0%
8HTZHertz Global-26.3%41.5%
9RCReady Capital-25.1%-50.3%
10ULHUniversal Logistics-24.8%-61.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1VICRVicor57.5%87.2%
2INBXInhibrx Biosciences53.8%272.0%
3CLBCore Laboratories48.7%-2.4%
4BALYBallys46.2%6.8%
5MOFGMidWestOne Financial43.2%39.2%
6NUVBNuvation Bio42.2%82.3%
7CLOVClover Health Investments41.0%21.3%
8CELCCelcuity36.6%442.2%
9WGOWinnebago Industries33.6%-12.7%
10GTXGarrett Motion33.3%91.3%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-45.4%8328.6%
2ITGRInteger-30.4%-45.0%
3METCRamaco Resources-23.8%244.9%
4WRLDWorld Acceptance-18.6%25.6%
5ASMAvino Silver & Gold Mines-18.2%450.5%
6SESSES AI-17.6%15.5%
7SMPLSimply Good Foods-17.5%-48.0%
8TNGXTango Therapeutics-17.0%142.6%
9OKLOOklo-16.7%540.8%
10LENZLENZ Therapeutics-16.4%10.7%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Macy's

Financials

MTJXTGTOLLIKSSBBBYMedian
NameMacy's TJX Comp.Target Ollie's .Kohl's Bed Bath. 
Mkt Price18.72141.9194.26117.1316.388.5756.49
Mkt Cap5.1158.242.97.21.8-7.2
Rev LTM22,70257,925105,6402,44115,8861,12919,294
Op Inc LTM8496,4765,424265521-128685
FCF LTM6034,0412,944144480-113542
FCF 3Y Avg4064,3583,282125543-115475
CFO LTM1,3965,9356,386253907-991,152
CFO 3Y Avg1,3836,1457,4702341,050-871,217

Growth & Margins

MTJXTGTOLLIKSSBBBYMedian
NameMacy's TJX Comp.Target Ollie's .Kohl's Bed Bath. 
Rev Chg LTM-3.4%4.1%-1.5%10.1%-7.2%-26.6%-2.5%
Rev Chg 3Y Avg-4.5%5.3%-0.7%11.9%-5.6%-21.3%-2.6%
Rev Chg Q-1.9%6.9%-0.9%17.5%-5.0%-29.1%-1.4%
QoQ Delta Rev Chg LTM-0.4%1.6%-0.2%4.3%-1.2%-9.3%-0.3%
Op Mgn LTM3.7%11.2%5.1%10.9%3.3%-11.3%4.4%
Op Mgn 3Y Avg4.6%10.7%5.1%10.7%2.7%-8.5%4.8%
QoQ Delta Op Mgn LTM-0.1%0.2%-0.3%0.2%0.0%1.3%0.1%
CFO/Rev LTM6.1%10.2%6.0%10.4%5.7%-8.8%6.1%
CFO/Rev 3Y Avg5.9%11.2%7.0%10.7%6.2%-6.4%6.6%
FCF/Rev LTM2.7%7.0%2.8%5.9%3.0%-10.0%2.9%
FCF/Rev 3Y Avg1.7%8.0%3.1%5.8%3.2%-8.3%3.1%

Valuation

MTJXTGTOLLIKSSBBBYMedian
NameMacy's TJX Comp.Target Ollie's .Kohl's Bed Bath. 
Mkt Cap5.1158.242.97.21.8-7.2
P/S0.22.70.42.90.1-0.4
P/EBIT6.723.67.827.13.3-7.8
P/E10.331.810.933.78.8-10.9
P/CFO3.626.76.728.42.0-6.7
Total Yield13.6%4.2%13.9%3.0%18.9%-13.6%
Dividend Yield3.9%1.1%4.8%0.0%7.6%-3.9%
FCF Yield 3Y Avg10.6%3.7%5.6%2.4%31.9%-5.6%
D/E1.10.10.50.13.7-0.5
Net D/E0.90.10.40.03.6-0.4

Returns

MTJXTGTOLLIKSSBBBYMedian
NameMacy's TJX Comp.Target Ollie's .Kohl's Bed Bath. 
1M Rtn7.7%1.0%6.7%-13.0%-4.3%-6.6%-1.6%
3M Rtn44.7%12.6%-10.2%-12.4%29.0%-12.6%
6M Rtn71.9%12.9%-0.2%9.2%136.9%-12.9%
12M Rtn27.8%25.8%-34.8%29.1%-8.1%-25.8%
3Y Rtn3.6%110.2%-37.3%102.3%-31.1%-3.6%
1M Excs Rtn6.8%-2.5%5.3%-15.2%-0.8%-8.7%-1.6%
3M Excs Rtn31.6%7.2%-16.8%-22.2%22.3%-7.2%
6M Excs Rtn49.0%-10.1%-23.1%-13.8%114.0%--10.1%
12M Excs Rtn9.3%8.7%-50.5%11.5%-29.9%-8.7%
3Y Excs Rtn-70.2%40.3%-116.9%32.9%-110.7%--70.2%

Comparison Analyses

Financials

$ Mil | FY: 2/12026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q3
Period End8/2/20255/3/20252/1/202511/2/20248/3/20245/4/20242/3/202410/28/20237/29/20234/29/20231/28/202310/29/2022
Filing Date9/10/20256/5/20253/21/202512/12/20249/4/20245/30/20243/22/202411/28/20238/25/20236/6/20233/24/202311/30/2022
Key Financials Quarterly            
Total Revenue4,9994,7938,0074,9035,0965,0008,3755,0385,2805,1738,5835,467
Ebitda35831468129543934579310221466846392
Operating Income15585634-2518514381693124235636175
Net Income87383422815062-12841-22155478108
EPS0.320.141.230.100.540.22-0.260.15-0.080.571.870.40
Key Financials TTM            
Total Revenue TTM22,70222,79923,00623,37423,50923,69323,86624,07424,50325,05725,44925,903
Ebitda TTM1,6481,7291,7601,1581,1739551,0761,8431,9252,3172,4962,885
Operating Income TTM8498799371,1191,2371,1761,2681,0881,1701,4471,6411,999
Net Income TTM495558582112125-47466527191,0161,1471,412
Growth Rates Quarterly            
Total Revenue Growth-1.9%-4.1%-4.4%-2.7%-3.5%-3.3%-2.4%-7.8%-9.5%-7.0%-5.0%-3.3%
EBITDA Growth-18.5%-9.0%762.0%-4.8%98.6%-26.0%-90.7%-20.9%-63.9%-27.8%-31.5%-31.3%
Operating Income Growth-16.2%-40.6%-22.3%-126.9%49.2%-39.1%28.3%-46.9%-69.1%-45.2%-36.0%-63.0%
Net Income Growth-42.0%-38.7%367.2%-31.7%781.8%-60.0%-126.8%-62.0%-108.0%-45.8%-35.7%-54.8%
Margins Quarterly            
EBITDA Margin7.2%6.6%8.5%6.0%8.6%6.9%0.9%6.2%4.2%9.0%9.9%7.2%
Operating Income Margin3.1%1.8%7.9%-0.5%3.6%2.9%9.7%1.8%2.3%4.5%7.4%3.2%
Net Income Margin1.7%0.8%4.3%0.6%2.9%1.2%-1.5%0.8%-0.4%3.0%5.6%2.0%
Cash & Debt            
Total Cash8299321,3063156468761,034364438603862326
Total Debt5,4815,6645,7065,8266,0126,0325,9846,1915,9725,9925,9596,167
Net Debt / (Cash)4,6524,7324,4005,5115,3665,1564,9505,8275,5345,3895,0975,841
Cash Flows Quarterly            
FCF from Operations319-641,308-16781291,147-1131661051,127185
Cash Flows TTM            
FCF from Operations TTM1,3961,0851,2781,1171,1711,3291,3051,2851,5831,4721,6152,359
Returns to Shareholders Quarterly            
Dividends495148484848464545454343
Share Repurchases52971-0-0-0-0-0335-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC10.1%4.0%45.2%-1.5%10.6%7.0%46.9%6.1%6.6%12.8%36.9%10.4%
Return on Invested Capital (ROIC) TTM            
ROIC TTM13.8%14.1%16.2%15.4%18.5%15.5%25.6%14.8%16.9%21.0%23.0%25.9%

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Single Segment23,86625,449   
Credit card revenues, net  832751771
Home/Other  4,6543,7454,067
Macy's Media Network revenue, net  107  
Men's and Kids  5,2473,4865,628
Women's Accessories, Shoes, Cosmetics and Fragrances  9,3857,2069,454
Women's Apparel  5,1742,9095,411
Total23,86625,44925,39918,09725,331


Price Behavior

M Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta3.501.901.781.491.431.36
Up Beta11.201.800.851.541.531.44
Down Beta-4.391.021.981.171.191.22
Up Capture602%361%348%234%192%213%
Bmk +ve Days13233574144420
Stock +ve Days12223159112356
Down Capture-15%55%73%146%126%107%
Bmk -ve Days8192952107330
Stock -ve Days9193266136386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity22,525,990
Short Interest: % Change Since 9302025-1.2%
Average Daily Volume8,488,514
Days-to-Cover Short Interest2.65
Basic Shares Quantity271,800,000
Short % of Basic Shares8.3%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/3/202520.7%29.0%34.6%
5/28/2025-0.3%-4.6%-6.2%
3/6/2025-0.7%4.6%-13.1%
11/25/2024-2.2%3.9%4.3%
8/21/2024-12.9%-13.4%-12.6%
5/21/20245.1%6.7%-3.1%
11/16/20235.7%17.7%57.6%
8/22/2023-14.1%-17.4%-25.9%
...
SUMMARY STATS   
# Positive151712
# Negative8611
Median Positive5.9%7.7%13.3%
Median Negative-2.3%-5.5%-13.1%
Max Positive21.2%34.7%57.6%
Max Negative-14.1%-17.4%-29.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
7312025910202510-Q 8/2/2025
4302025605202510-Q 5/3/2025
1312025321202510-K 2/1/2025
103120241212202410-Q 11/2/2024
7312024904202410-Q 8/3/2024
4302024530202410-Q 5/4/2024
1312024322202410-K 2/3/2024
103120231128202310-Q 10/28/2023
7312023825202310-Q 7/29/2023
4302023606202310-Q 4/29/2023
1312023324202310-K 1/28/2023
103120221130202210-Q 10/29/2022
7312022826202210-Q 7/30/2022
4302022607202210-Q 4/30/2022
1312022325202210-K 1/29/2022
103120211207202110-Q 10/30/2021

Insider Activity

Expand for More

 

External Quote Links


Prefer one of these to Trefis? Tell us why.