Skip to content
NYSE · RETAIL-DEPARTMENT STORES · LARGE CAP

Macy's, Inc. M

19 fiscal years on record · USD · FY2025 reported · SEC filings only
4 YEARS OF DIVIDEND GROWTH
$22.6B
▼ 1.7% YoY
$642.0M
▲ 10.3% YoY
$1.1B
▲ 39.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Macy's, Inc. operates 665 stores, along with websites and mobile applications, under three brands: Macy's, Bloomingdale's and Bluemercury. It serves an annual customer base of nearly 40 million active consumers. The Company sells a wide range of merchandise, including apparel and accessories, cosmetics, home furnishings and other consumer goods. Macy's is a department store that offers apparel and accessories, cosmetics, home furnishings and other consumer goods, operating full-line and smaller format locations as well as an off-price retail concept under the Macy's Backstage nameplate. Bloomingdale's operates full-line and smaller format locations under the Bloomies nameplate, an off-price retail concept called Bloomingdale's The Outlet, and maintains a presence through licensed partnerships in Dubai, United Arab Emirates and Al Zahra, Kuwait. Bluemercury is a beauty and spa services retailer whose product mix targets the affluent beauty enthusiast, focusing on dermatological skincare, clinical treatments and a fragrance assortment. Macy's, Inc. was organized as a Delaware corporation in 1985 and, along with its predecessors, has operated department stores since 1830.

Written from the business description in Macy's, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 March 2026. Every sentence was checked against that document before publication.

Growth

USD 22.6B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 22.6 · Net income 0.6
10B20B-2B-4B
2007201020132016201920222025
Compound annual growth
−3.9%
+5.5%
−1.8%
−0.7%
−17.6%
−5.0%
−1.8%
−17.2%
−3.2%
+1.1%
+5.0%
+14.1%
−16.7%
+30.5%
−15.2%
+11.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.5% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

3 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 4.6% · Net 2.8%
5%-10%-20%
200720162025
ROE
FY2025 · ROE 13.6%
20%40%-50%
200720162025
Three returns, three denominators.

Each USD of equity produced 14 cents of profit this year.

Cash & shareholders

USD 447.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.1
1B2B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.2 · Net buybacks 0.2
2B3BDividendsNet buybacks
2007201020132016201920222025

USD 197.0M in dividends and USD 250.0M in buybacks — 70% of the year's profit went back to shareholders.

Total assetsUSD 16.2B
EquityUSD 4.9B
CashUSD 1.2B
Gross debtUSD 2.4B
Net debtUSD 1.2B
Current ratio1.49×

Net debt stands at 24% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
M, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B22.623.023.925.425.417.324.625.024.925.927.128.127.927.726.425.023.524.926.3
Operating income $B1.00.90.31.72.4−4.51.01.71.91.42.02.82.72.72.41.91.1−4.41.9
EBITDA $B1.91.81.22.53.2−3.52.02.72.92.43.13.83.73.73.53.02.3−3.13.2
Income tax $B0.20.2−0.00.30.4−0.80.20.3−0.00.30.60.90.80.80.70.50.2−0.20.4
Net income $B0.60.60.01.11.4−3.90.61.11.60.61.11.51.51.31.30.80.3−4.80.9
Free cash flow $B1.10.80.70.72.40.30.71.11.51.21.21.91.91.51.61.21.41.11.2
EPS, diluted $2.322.070.164.084.55−12.681.813.565.102.023.224.223.863.242.921.980.78−11.341.97
Dividend / sh $0.730.690.660.630.300.381.511.51◌◌◌◌◌◌0.550.200.200.530.52
Payout %3133402156−38342297343282424121026−526
ROE %13.613.61.129.846.3−88.38.818.231.114.622.326.224.222.321.916.67.1−65.79.0
Shares out B0.260.280.270.270.290.310.310.310.300.300.310.340.360.390.410.420.420.420.42

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 84 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: the share count is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRetail-Department Stores
Listed onNYSE
Incorporated inDelaware
Fiscal year endsFebruary 1
Data on record since2007

Share this section

Download image