M
$24.00-0.91%
Macy's IncStock · Consumer DiscretionaryRussell 1000 0.009%Russell 3000 0.009%US Stock Market 0.008%
M financial statements
The full income statement, balance sheet, and cash-flow statement for Macy's Inc (M), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-08 277.4M2024-11 277.6M2025-02 277.7M2025-05 271.5M2025-08 268.5M2025-11 265.9M2026-01 263.7M2026-05 263.0M2026-08 261.2M-5.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| Revenue | 22.6B-1.7% | 23.0B-3.6% | 23.9B-6.2% | 25.4B+4.0% | 24.5B+41.0% | |
| Cost of revenue | 13.5B-1.8% | 13.7B-3.4% | 14.2B-7.3% | 15.3B+2.5% | 15.0B+21.9% | |
| Selling, general & administrative | 8.24B-1.1% | 8.33B-0.5% | 8.38B-1.0% | 8.46B+3.8% | 8.15B+20.5% | |
| Restructuring | 47.0M+6.8% | 44.0M-20.0% | 55.0M+1000.0% | 5.00M+66.7% | 3.00M-98.7% | |
| Amortization of intangibles | 5.00M+0.0% | 5.00M+150.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | |
| Operating income | 1.03B+13.3% | 909M+202.0% | 301M-82.2% | 1.69B-27.7% | 2.33B+152.2% | |
| Interest expense | 139M-12.0% | 158M-7.1% | 170M-2.9% | 175M-31.6% | 256M-9.9% | |
| Interest & investment income | — | — | — | 13.0M+1200.0% | 1.00M-75.0% | |
| Pre-tax income | 849M+11.3% | 763M+1674.4% | 43.0M-97.1% | 1.48B-20.2% | 1.85B+138.6% | |
| Income tax | 207M+14.4% | 181M+9150.0% | -2.00M-100.6% | 331M-23.4% | 432M+151.1% | |
| 642M+10.3% | 582M+1193.3% | 45.0M-96.1% | 1.15B-19.2% | 1.42B+136.0% | ||
| Net income to common | 642M+10.3% | 582M+1193.3% | 45.0M-96.1% | 1.15B-19.9% | 1.43B+136.3% | |
| $2.32+12.1% | $2.07+1193.8% | $0.16-96.1% | $4.08-9.7% | $4.52+135.6% | ||
| EPS (basic) | $2.37+12.9% | $2.10+1212.5% | $0.16-96.2% | $4.17-9.7% | $4.62+136.4% | |
| Weighted-avg shares (basic) | 271M-2.6% | 278M+1.3% | 274M-0.2% | 275M-10.5% | 307M-1.4% | |
| Weighted-avg shares (diluted) | 277M-1.8% | 282M+1.2% | 278M-1.0% | 281M-10.5% | 314M+0.9% | |
| Dividends per share | $0.73+5.8% | $0.69+4.5% | $0.66+4.8% | $0.63+110.0% | $0.30-80.1% | |
| Balance Sheet | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| 6.67B+3.0% | 6.48B+6.4% | 6.09B+4.0% | 5.85B-13.4% | 6.76B+9.3% | ||
| Cash & equivalents | 1.25B-4.6% | 1.31B+26.3% | 1.03B+20.0% | 862M-49.6% | 1.71B+2.0% | |
| Accounts receivable | — | 303M+3.4% | 293M-2.3% | 300M+1.0% | 297M+7.6% | |
| Inventory | 4.41B-1.3% | 4.47B+2.5% | 4.36B+2.2% | 4.27B-2.6% | 4.38B+16.1% | |
| Prepaid expenses | 387M+0.5% | 385M-4.0% | 401M-5.4% | 424M+15.8% | 366M-19.6% | |
| 16.2B-1.0% | 16.4B+1.0% | 16.2B-3.7% | 16.9B-4.1% | 17.6B-0.7% | ||
| Property, plant & equipment | 4.74B-6.4% | 5.07B-4.5% | 5.31B-10.2% | 5.91B+4.4% | 5.67B-4.6% | |
| Operating lease right-of-use | 2.13B-4.7% | 2.23B-2.8% | 2.30B-14.1% | 2.67B-4.4% | 2.80B-2.4% | |
| Goodwill | 828M+0.0% | 828M+0.0% | 828M+0.0% | 828M+0.0% | 828M+0.0% | |
| Intangible assets | 420M-1.2% | 425M-1.2% | 430M-0.5% | 432M-0.7% | 435M-0.5% | |
| Other non-current assets | 1.44B+6.0% | 1.36B+5.5% | 1.29B+11.1% | 1.16B+5.6% | 1.10B-23.8% | |
| 4.49B-0.7% | 4.52B-0.2% | 4.53B-6.8% | 4.86B-10.2% | 5.42B+1.1% | ||
| Accounts payable | 1.81B-4.5% | 1.89B-1.0% | 1.91B-6.8% | 2.05B-7.6% | 2.22B+12.3% | |
| Accrued liabilities | 2.62B-0.4% | 2.63B+2.1% | 2.57B-6.5% | 2.75B-10.9% | 3.09B+5.4% | |
| Deferred revenue | 349M-1.1% | 353M-8.1% | 384M-3.8% | 399M-17.0% | 481M-21.9% | |
| Short-term & current debt | 0.00-100.0% | 6.00M | 0.00 | 0.00 | 0.00-100.0% | |
| Current lease liability | 361M-1.1% | 365M+2.5% | 356M+6.9% | 333M+1.5% | 328M+65.7% | |
| Finance lease liability (current) | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | |
| Long-term debt | 2.43B-12.5% | 2.78B-7.3% | 3.00B+0.1% | 3.00B-9.1% | 3.29B-23.7% | |
| Non-current lease liability | 2.76B-5.3% | 2.91B-2.0% | 2.97B+0.9% | 2.95B-4.3% | 3.08B-2.7% | |
| Operating lease liability (total) | 3.12B-4.8% | 3.28B-1.5% | 3.33B+1.5% | 3.28B-3.8% | 3.41B+1.3% | |
| Finance lease liability (total) | 13.0M-13.3% | 15.0M+7.1% | 14.0M-17.6% | 17.0M-10.5% | 19.0M-9.5% | |
| Finance lease liability | 11.0M-15.4% | 13.0M+8.3% | 12.0M-20.0% | 15.0M-11.8% | 17.0M-10.5% | |
| Deferred tax liabilities | 805M+11.2% | 724M-2.8% | 745M-21.3% | 947M-3.7% | 983M+8.3% | |
| Other non-current liabilities | 876M-2.9% | 902M-5.1% | 950M-6.6% | 1.02B-13.6% | 1.18B-9.2% | |
| 4.86B+6.8% | 4.55B+12.8% | 4.04B-0.1% | 4.04B+11.6% | 3.62B+41.8% | ||
| Common stock | 3.00M+0.0% | 3.00M+0.0% | 3.00M+0.0% | 3.00M+0.0% | 3.00M+0.0% | |
| Additional paid-in capital | 269M-10.3% | 300M-14.8% | 352M-24.6% | 467M-9.7% | 517M-9.5% | |
| Retained earnings | 6.94B+6.8% | 6.50B+6.8% | 6.09B-2.9% | 6.27B+19.0% | 5.27B+34.1% | |
| Treasury stock | 1.96B+8.9% | 1.80B-5.8% | 1.91B-6.2% | 2.04B+31.9% | 1.54B+33.1% | |
| Accumulated other comprehensive income | -392M+12.7% | -449M+9.5% | -496M+19.7% | -618M+0.6% | -622M+21.1% | |
| Total equity incl. non-controlling | 4.86B+6.8% | 4.55B+12.8% | 4.04B-0.1% | 4.04B+11.9% | 3.61B+41.4% | |
| Total liabilities & equity | 16.2B-1.0% | 16.4B+1.0% | 16.2B-3.7% | 16.9B-4.1% | 17.6B-0.7% | |
| Common shares issued | 334M+0.0% | 334M+0.0% | 334M+0.0% | 334M+0.0% | 334M+0.0% | |
| Common shares outstanding | 263M-5.3% | 278M+1.3% | 274M+1.1% | 271M-7.2% | 292M-5.8% | |
| Shares outstanding (cover) | 264M-5.0% | 278M+1.3% | 274M+1.1% | 271M-7.2% | 292M-5.8% | |
| Cash Flow | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| 1.43B+11.9% | 1.28B-2.1% | 1.30B-19.2% | 1.61B-40.4% | 2.71B+317.9% | ||
| Depreciation & amortization | 894M+1.5% | 881M-1.8% | 897M+4.7% | 857M-1.9% | 874M-8.9% | |
| Intangible amortization | 5.00M+0.0% | 5.00M+150.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | |
| Share-based compensation | 59.0M+1.7% | 58.0M+23.4% | 47.0M-13.0% | 54.0M-1.8% | 55.0M+77.4% | |
| Deferred income taxes | 62.0M+219.2% | -52.0M+78.7% | -244M-542.1% | -38.0M-300.0% | 19.0M+105.8% | |
| -639M-7.9% | -592M+35.2% | -913M+21.9% | -1.17B-215.9% | -370M-13.8% | ||
| Capital expenditure | 373M-28.0% | 518M-17.9% | 631M-28.9% | 888M+150.8% | 354M+4.7% | |
| Free cash flow | 1.06B+39.1% | 760M+12.8% | 674M-7.3% | 727M-69.2% | 2.36B+658.2% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 107M-62.2% | 283M+229.1% | 86.0M-37.2% | 137M-16.5% | 164M+45.1% | |
| Other investing activities | 6.00M+185.7% | -7.00M-216.7% | 6.00M-45.5% | 11.0M+117.5% | -63.0M-125.0% | |
| -852M-106.3% | -413M-87.7% | -220M+83.0% | -1.30B+45.6% | -2.38B-440.6% | ||
| Long-term debt issued | 500M+66.1% | 301M-68.7% | 961M-65.8% | 2.81B+158.9% | 1.08B-61.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 250M+24900.0% | 1.00M-97.4% | 38.0M-93.7% | 601M+20.2% | 500M+49900.0% | |
| Dividends paid | 197M+2.6% | 192M+6.1% | 181M+4.6% | 173M+92.2% | 90.0M-23.1% | |
| Interest paid | 167M+7.7% | 155M-1.3% | 157M-16.5% | 188M-57.5% | 442M+72.0% | |
| Income taxes paid | 70.0M-77.0% | 304M+26.7% | 240M-47.3% | 455M+366.1% | -171M-274.5% | |
| Valuation Ratios | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| Market cap | 5.32B+23.1% | 4.33B-15.3% | 5.11B-18.4% | 6.26B-17.8% | 7.61B+63.0% | |
| P/E | 11.1×-71.2% | 38.6×+392.4% | 7.8×+75.6% | 4.5×-50.3% | 9.0× | |
| P/S | 0.2×+26.6% | 0.2×-12.7% | 0.2×-17.1% | 0.3×-24.2% | 0.3×+36.5% | |
| P/B | 1.2×+17.9% | 1.0×-16.3% | 1.2×-30.8% | 1.8×-28.9% | 2.5×+21.6% | |
| P/FCF | 4.6×-39.5% | 7.6×-16.0% | 9.0×+127.4% | 4.0×-49.6% | 7.9×+87.1% | |
| Earnings yield | 9.0%+246.8% | 2.6%-79.7% | 12.7%-43.1% | 22.4%+101.3% | 11.1% | |
| FCF yield | 21.9%+65.4% | 13.2%+19.1% | 11.1%-56.0% | 25.3%+98.6% | 12.7%-46.6% | |
| Dividend yield | 3.6%-17.7% | 4.4%+25.0% | 3.5%+29.8% | 2.7%+131.5% | 1.2%-88.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: M’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all M filings on SEC EDGAR → Not investment advice.