Macy's runs roughly 450 department stores under its own name, plus about 60 Bloomingdale's locations and 170 Bluemercury beauty boutiques across the US. It also sells through its own e-commerce sites. Customers are primarily general consumers shopping for clothing, shoes, accessories, and cosmetics—women's categories alone account for about 62% of sales. Revenue comes from direct retail sales in-store and online, with a small licensing component for Bloomingdale's-branded stores in the Middle East.
Employees90,134IPOFeb 5, 1992SIC5311HQ151 West 34th Street, New York, NY, USA, 10001
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
40.7%
Operating Margin
4.3%
EBITDA Margin
8.6%
Net Margin
3.3%
OCF Margin
7.7%
FCF Margin
4.6%
Returns on Capital
ROE
16.0%
ROA
4.6%
ROIC
6.9%
ROCE
9.4%
ROC (Greenblatt)
13.7%
3Y ROIIC
76.2%
Consistency
Years Profitable / 10Y
9
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
8.79
Forward P/E
10.65
P/E ex-NRI
9.49
Shiller P/E (CAPE)
15.38
Cash Flow Multiples
P/FCF
6.33
P/OCF
3.73
P/Owner Earnings
10.96
FCF Yield
16.59%
Enterprise Value Multiples
EV / EBIT
9.42
EV / Forward EBIT
10.77
EV / EBITDA
5.21
EV / Forward EBITDA
5.51
EV / Revenue
0.45
EV / Forward Revenue
0.45
Asset / Sales
P/S
0.29
P/B
1.27
P/Tangible Book
1.71
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
3.12%
Forward Dividend Yield
3.19%
3Y Dividend Growth
5.0%
Payout Ratio
0.30
5Y Yield on Cost
7.82%
Buybacks & Dilution
3Y Buyback Ratio
1.00%
5Y Share Change
−10.9%
Combined
Shareholder Yield
14.49%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
1.03
Gross Debt / EBITDA
2.61
Cash / Debt
0.25
Equity / Assets
0.31
Coverage
Interest Coverage
10.48
Short-Term Liquidity
Current Ratio
1.59
Quick Ratio
0.48
Cash Ratio
0.32
Composite Scores
Piotroski F-Score
9
Altman Z-Score
2.18
Split History
Date
Split
2006-06-12
2:1
Ex-date
Amount
Pay date
2026-09-15
$0.1915
2026-10-01
2026-06-15
$0.1915
2026-07-01
2026-03-13
$0.1915
2026-04-01
2025-12-15
$0.1824
2026-01-02
2025-09-15
$0.1824
2025-10-01
2025-06-13
$0.1824
2025-07-01
2025-03-14
$0.1824
2025-04-01
2024-12-13
$0.1737
2025-01-02
2024-09-13
$0.1737
2024-10-01
2024-06-14
$0.1737
2024-07-01
10 of 89
View allDate
Transcript
Type
2026-09-10
Q2 2026 Macy's Inc Earnings Call Transcript
Earnings Call
2026-06-03
Q1 2026 Macy's Inc Earnings Call Transcript
Earnings Call
2026-03-18
Q4 2025 Macy's Inc Earnings Call Transcript
Earnings Call
2025-12-03
Q3 2025 Macy's Inc Earnings Call Transcript
Earnings Call
2025-09-03
Q2 2025 Macy's Inc Earnings Call Transcript
Earnings Call
2025-05-28
Q1 2025 Macy's Inc Earnings Call Transcript
Earnings Call
2025-03-06
Q4 2024 Macy's Inc Earnings Call Transcript
Earnings Call
2024-12-11
Q3 2024 Macy's Inc Earnings Call Transcript
Earnings Call
2024-08-21
Q2 2024 Macy's Inc Earnings Call Transcript
Earnings Call
2024-05-21
Q1 2024 Macy's Inc Earnings Call Transcript
Earnings Call
10 of 53
5-Step DuPont Analysis
ROE %
15.99%
×
×
Net Margin %
3.29%
×
×
Operating Margin %
4.28%
Operating Income
$975M
÷
Revenue
$22.78B
×
Tax Burden
0.7599
Net Income
$750M
÷
Pretax Income
$987M
×
Interest Burden
1.0123
Pretax Income
$987M
÷
Operating Income
$975M
×
Asset Turnover
1.46
÷
Revenue
$22.78B
÷
Average Total Assets
$15.64B
Begin Total Assets
$15.55B
End Total Assets
$15.73B
×
Equity Multiplier
3.33
÷
Avg Total Assets
$15.64B
÷
Avg Stockholders Equity
$4.69B
Begin Equity
$4.45B
End Equity
$4.93B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 28.3M | 10.63% | -3.1K | $665.56M |
| DIMENSIONAL FUND ADVISORS LP | 16.8M | 6.32% | +325.1K | $395.69M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.9M | 4.84% | -772.5K | $302.93M |
| AMERICAN CENTURY COMPANIES INC | 11.0M | 4.15% | -1.1M | $259.77M |
| VANGUARD CAPITAL MANAGEMENT LLC | 11.0M | 4.14% | -352.7K | $259.53M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 9.8M | 3.69% | +593.6K | $230.80M |
| STATE STREET CORP | 9.2M | 3.45% | -58.8K | $217.63M |
| RWC Asset Management LLP | 8.9M | 3.36% | -2.3M | $210.60M |
| GOLDMAN SACHS GROUP INC | 8.8M | 3.31% | +1.2M | $207.51M |
| LSV ASSET MANAGEMENT | 8.3M | 3.12% | +1.7M | — |
10 of 500
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| Spring AntonyOfficer | 485.8K | 0.1827% | $11.66M |
| Mitchell Adrian VOfficer | 236.2K | 0.0888% | $5.67M |
| Kirgan Danielle L.Officer | 108.0K | 0.0406% | $2.59M |
| Preston Tracy MOfficer | 28.8K | 0.0108% | $690.6K |
| Griscom PaulOfficer | 25.4K | 0.0095% | $609.0K |
| Bron OlivierOfficer | 21.6K | 0.0081% | $518.2K |
| Edwards Thomas Jr.Officer | 20.0K | 0.0075% | $480.0K |
7 of 7
View allRecent insider activity
through Jun 25, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Griscom PaulOfficer | Open-Market or Private Sale | -10.1K | $258.3K | Jun 25, 2026 |
| Edwards Thomas Jr.Officer | Open-Market or Private Sale | -16.4K | $408.7K | Jun 24, 2026 |
| Edwards Thomas Jr.Officer | Option Exercise (Rule 16b-3 Exempt) | +36.4K | — | Jun 23, 2026 |
| Bron OlivierOfficer | Open-Market or Private Sale | -7.2K | $129.6K | Apr 6, 2026 |
| Preston Tracy MOfficer | Open-Market or Private Sale | -5.3K | $94.5K | Apr 6, 2026 |
| Griscom PaulOfficer | Open-Market or Private Sale | -745 | $13.4K | Apr 6, 2026 |
| Spring AntonyOfficer | Open-Market or Private Sale | -50.0K | $897.0K | Apr 6, 2026 |
| Kirgan Danielle L.Officer | Open-Market or Private Sale | -10.0K | $179.4K | Apr 6, 2026 |
| Bron OlivierOfficer | Option Exercise (Rule 16b-3 Exempt) | +13.1K | — | Apr 3, 2026 |
| Preston Tracy MOfficer | Option Exercise (Rule 16b-3 Exempt) | +13.1K | — | Apr 3, 2026 |
10 of 1,908
View all