profit from every $100 of sales.
$0$100
Macy's
$24.33-2.09% today
+18.2% in 1 year
1-year low $16.921-year high $26.21
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $9.90 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Macy's sold, what it kept, and what it did with the cash.
Sales went from $25.4 billion in 2023 to $22.6 billion in 2026, with $642 million of profit last year.
SalesProfit
Macy's handed back 65% of the cash it generated last year.
Buybacks $250M$197M
Free cash flow 2026$690M
Bought back its own shares$250M
Paid as dividends$197M
Cash vs. debt$1.2B vs. $5.2B
Macy's vs. similar companies
Macy's grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Macy's | 9.9× · Cheap | ||
 Aeon | 48.5× · Expensive | ||
 Falabella | 12.4× · Cheap | ||
 Ryohin Keikaku | 49.8× · Expensive | ||
 Marks and Spencer Group | 36.8× · Expensive |
AI analysis
An AI analyst reads Macy's's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 17,346 | 25,399 | 25,449 | 23,866 | 23,006 | 22,621 | |
| 5,060 | 10,428 | 10,102 | 9,642 | 9,266 | 9,124 | |
| – | – | 1,641 | 1,267 | 936 | 884 | |
| -3,547 | 2,981 | 2,496 | 1,075 | 1,759 | 1,840 | |
| -3,944 | 1,419 | 1,146 | 45 | 582 | 642 | |
| -12.68 | 4.52 | 4.19 | 0.38 | 2.07 | 2.32 | |
| 29.2% | 41.1% | 39.7% | 40.4% | 40.3% | 40.3% | |
| – | – | 6.4% | 5.3% | 4.1% | 3.9% | |
| -22.7% | 5.6% | 4.5% | 0.2% | 2.5% | 2.8% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 17,706 | 17,590 | 16,866 | 16,246 | 16,402 | 16,238 |
| Cash | 1,679 | 1,712 | 862 | 1,034 | 1,306 | 1,246 |
| Total debt | 7,938 | 6,376 | 5,959 | 5,984 | 5,706 | 5,204 |
| Total liabilities | – | – | 12,784 | 12,211 | 11,850 | 11,378 |
| 2,553 | 3,621 | 4,082 | 4,035 | 4,552 | 4,860 | |
| 311 | 314 | 281 | 278 | 282 | 277 | |
| -33.9% | 16.7% | 12.9% | 1.4% | 6.8% | 7.4% | |
| -154.5% | 39.2% | 28.1% | 1.1% | 12.8% | 13.2% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 649 | 2,712 | 1,615 | 1,305 | 1,278 | 1,430 | |
| – | – | 1,295 | 993 | 882 | 740 | |
| – | – | 320 | 312 | 396 | 690 | |
| Dividends paid | 117 | 90 | 173 | 181 | 192 | 197 |
| 1 | 500 | 601 | 38 | 1 | 250 | |
| 31 | 55 | 54 | 47 | 58 | 59 |
Valuation
- 9.9×
- –
- –
- 1.2×
- 0.3×
- 9.2×
- 5.6×
- 10.9%
- 10.1%
- 3.3%
Profitability
- 40.3%
- 3.9%
- 2.8%
- 8.4%
- 6.7%
- 7.4%
- 14.4%
- 4.1%
- 8.7%
- –
Growth
- +5.5%
- –
- +39.1%
- +14.1%
- −3.1%
Financial health
- 2.0×
- 1.06
- 31.3%
- 10.7×
- 1.48
- 0.44
- 1.39
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 42%of 977
Bottom 22%of 992
Top 16%of 856
Bottom 39%of 993
Top 19%of 980
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 18, 2026 | 1.67 | 1.53 | +9.2% |
| Dec 3, 2025 | 0.09 | -0.13 | +168.8% |
| Sep 3, 2025 | 0.41 | 0.19 | +115.8% |
| May 28, 2025 | 0.16 | 0.15 | +6.8% |
| Mar 6, 2025 | 1.80 | 1.55 | +16.1% |
| Dec 11, 2024 | 0.04 | -0.01 | +500.0% |
| Aug 21, 2024 | 0.53 | 0.30 | +76.7% |
| May 21, 2024 | 0.27 | 0.15 | +80.0% |
3.3%of the share price, paid each year
On $1,000 invested$33a year at today's yield, before tax
+14.1%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$1.39 in 2015 → $0.73 in 2025
How safe it looks
30.7% of its profit
Room to growStretchedMore than it earns: 28.6%
News
Macy's climbs 8%, bouncing back after recent weaknessSeeking Alpha · Sep 11, 2026Macy's, Inc. Q2 2026 Earnings Call SummaryYahoo Finance · Sep 10, 2026Macy's posts strong results, raises guidance as turnaround begins to take holdCNBC · Sep 10, 2026The newest story we have is from Sep 11, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
61Pass
Benjamin Graham
76Pass
Philip Fisher
44No pass
Peter Lynch
37No pass
Joel Greenblatt
46No pass
Charlie Munger
42No pass
Terry Smith
44No pass
Questions about Macy's
Is Macy's a good stock to buy?
A business with weak numbers, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Macy's AI analysis
What does Macy's do?
Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, such as apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. It is in Department Stores, based in New York, NY, United States, with 90,134 employees.
Does Macy's pay a dividend?
Yes. At today's price the dividend is 3.3% a year, about 31% of its yearly profit. In 2026 it paid out $197 million in dividends.
Is Macy's stock halal?
No. Macy's does not pass our halal screen: its debt is 82% of its market value, at or above the 33% limit. How we check
How has Macy's stock done over the past year?
Up 18.2% over the past twelve months, to $24.33. It traded between $16.92 and $26.21 and is 7.2% below its high.
Who are Macy's's competitors?
The largest listed companies in the same industry are Aeon, Falabella, Ryohin Keikaku and Marks and Spencer Group. The peers table on this page compares their profit, growth and price with Macy's's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.