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M · NYSE · United States · Retail-Department Stores
In shortMacy's, Inc. is profitable, generates cash and carries moderate debt, with revenue stable (−1.7% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.6% | 32/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.8% | 31/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 13.6% | 68/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.7% | 71/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.49× | 57/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.50× | 83/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.62× | 97/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 7.41× | 56/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.15 | 53/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.7% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.65× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 22.2% | 29/100 |
| Operating margin volatility | 3.0% | 82/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -3.9% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -17.2% | 0/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 25,399 | 25,449 | 23,866 | 23,006 | 22,621 |
| Cost of revenue | 14,956 | 15,347 | 14,224 | 13,740 | 13,497 |
| Gross profit | 10,443 | 10,102 | 9,642 | 9,266 | 9,124 |
| Selling, general & admin | 8,154 | 8,461 | 8,375 | 8,330 | 8,240 |
| Operating income | 2,350 | 1,689 | 301 | 909 | 1,030 |
| Interest expense | 256 | 175 | 170 | 158 | 139 |
| Pre-tax income | 1,866 | 1,477 | 43 | 763 | 849 |
| Income tax | 436 | 331 | (2) | 181 | 207 |
| Net income | 1,430 | 1,146 | 45 | 582 | 642 |
| Diluted EPS | $4.55 | $4.08 | $0.16 | $2.07 | $2.32 |
| Diluted shares (millions) | 314 | 281 | 278 | 282 | 277 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
3.15 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 1, 2026 · Data updated Sep 10, 2026