M - Macy's, Inc.

📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Jan 31, 2026 10-K ↗	FY 2024 Feb 1, 2025 10-K ↗	FY 2023 Feb 3, 2024 10-K ↗	FY 2022 Jan 28, 2023 10-K ↗	FY 2021 Jan 29, 2022 10-K ↗	FY 2020 Jan 30, 2021 10-K ↗	FY 2019 Feb 1, 2020 10-K ↗	FY 2018 Feb 2, 2019 10-K ↗	FY 2017 Feb 3, 2018 10-K ↗	FY 2016 Jan 28, 2017 10-K ↗	FY 2015 Jan 30, 2016 10-K ↗	FY 2014 Jan 31, 2015 10-K ↗	FY 2013 Feb 1, 2014 10-K ↗	FY 2012 Feb 2, 2013 10-K ↗	FY 2011 Jan 28, 2012 10-K ↗	FY 2010 Jan 29, 2011 10-K ↗	FY 2009 Jan 30, 2010 10-K ↗	FY 2008 Jan 31, 2009 10-K ↗	FY 2007 Feb 2, 2008 10-K ↗	FY 2006 Feb 3, 2007 10-K ↗
Revenue Growth YoY (%)	-1.7% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-124%)	-3.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-151%)	-6.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-189%)	4.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-42%)	41.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+486%)	-29.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-520%)	-1.6% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-124%)	0.1% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-98%)	-3.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-146%)	-4.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-169%)	-3.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-152%)	0.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-91%)	0.9% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-87%)	4.9% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-31%)	5.6% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-20%)	6.4% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-8%)	-5.6% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-181%)	-5.4% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-177%)	—	—
EPS Growth YoY (%)	12.9% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	452.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-91.1% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-8.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	-49.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-29.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	155.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-38.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-24.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	9.4% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	19.5% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	11.1% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	48.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	156.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	—	—
Net Income Growth YoY (%)	10.3% Fair ↓ Fair Declining Year-over-year change in net income	454.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-91.1% Weak Weak Year-over-year change in net income	-17.7% Weak Weak Year-over-year change in net income	N/M	N/M	-49.1% Weak ↓ Weak Declining Year-over-year change in net income	-29.2% Weak ↓ Weak Declining Year-over-year change in net income	153.0% Excellent ↑ Excellent Improving Year-over-year change in net income	-42.3% Weak ↓ Weak Declining Year-over-year change in net income	-29.8% Weak ↓ Weak Declining Year-over-year change in net income	2.7% Caution ↓ Caution Declining Year-over-year change in net income	11.3% Fair ↓ Fair Declining Year-over-year change in net income	6.3% Fair ↓ Fair Declining Year-over-year change in net income	48.3% Excellent Excellent Year-over-year change in net income	157.4% Excellent Excellent Year-over-year change in net income	N/M	N/M	—	—
FCF Growth YoY (%)	42.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	11.3% Fair ↓ Fair Declining Year-over-year change in free cash flow	-7.1% Weak ↓ Weak Declining Year-over-year change in free cash flow	-65.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	668.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-56.1% Weak ↓ Weak Declining Year-over-year change in free cash flow	-34.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	-28.1% Weak ↓ Weak Declining Year-over-year change in free cash flow	24.8% Good ↑ Good Improving Year-over-year change in free cash flow	6.3% Fair ↑ Fair Improving Year-over-year change in free cash flow	-32.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	6.3% Fair ↓ Fair Declining Year-over-year change in free cash flow	40.6% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	0.8% Caution ↓ Caution Declining Year-over-year change in free cash flow	31.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-16.7% Weak Weak Year-over-year change in free cash flow	26.1% Excellent Excellent Year-over-year change in free cash flow	—	—	—
Revenue CAGR 3Y (%)	-3.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-2.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	11.2% Good ↑ Good Improving Compound annual revenue growth over 3 years	1.2% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-0.7% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-11.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-1.6% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-2.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-2.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	2.1% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	3.8% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	5.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	2.0% Weak Weak Compound annual revenue growth over 3 years	-1.7% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	5.5% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	-1.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-0.9% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	0.4% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-1.0% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-8.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-2.7% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-2.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-2.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-0.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	1.6% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	3.7% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	2.3% Caution Caution Compound annual revenue growth over 5 years	1.0% Caution Caution Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-17.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-23.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	—	33.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	9.0% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	—	-3.3% Weak ↑ Weak Improving Compound annual EPS growth over 3 years	3.4% Caution ↑ Caution Improving Compound annual EPS growth over 3 years	6.1% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	-20.0% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-0.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	13.3% Good ↓ Good Declining Compound annual EPS growth over 3 years	25.3% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	61.6% Excellent Excellent Compound annual EPS growth over 3 years	—	0.0% Caution Caution Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Jan 31, 2026 10-K ↗	FY 2024 Feb 1, 2025 10-K ↗	FY 2023 Feb 3, 2024 10-K ↗	FY 2022 Jan 28, 2023 10-K ↗	FY 2021 Jan 29, 2022 10-K ↗	FY 2020 Jan 30, 2021 10-K ↗	FY 2019 Feb 1, 2020 10-K ↗	FY 2018 Feb 2, 2019 10-K ↗	FY 2017 Feb 3, 2018 10-K ↗	FY 2016 Jan 28, 2017 10-K ↗	FY 2015 Jan 30, 2016 10-K ↗	FY 2014 Jan 31, 2015 10-K ↗	FY 2013 Feb 1, 2014 10-K ↗	FY 2012 Feb 2, 2013 10-K ↗	FY 2011 Jan 28, 2012 10-K ↗	FY 2010 Jan 29, 2011 10-K ↗	FY 2009 Jan 30, 2010 10-K ↗	FY 2008 Jan 31, 2009 10-K ↗	FY 2007 Feb 2, 2008 10-K ↗	FY 2006 Feb 3, 2007 10-K ↗
Operating Margin (%) (%)	4.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	4.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	1.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-87%)	6.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	9.6% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-20%)	-25.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-315%)	3.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	7.0% Caution → Caution Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-42%)	7.5% Caution → Caution Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	5.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-57%)	7.5% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-37%)	10.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-17%)	9.6% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-20%)	9.6% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-20%)	9.1% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)	7.6% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-37%)	4.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	-17.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-247%)	7.1% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	—
Effective Tax Rate (%) (%)	24.4% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.7% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.3% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.5% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.4% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.7% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.5% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	2.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	2.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-68%)	0.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-95%)	4.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-42%)	5.8% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-27%)	-22.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-384%)	2.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-71%)	4.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-45%)	6.3% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	2.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-70%)	4.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	5.4% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-32%)	5.3% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-33%)	4.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	4.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	3.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	1.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-82%)	-19.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-340%)	3.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	—
FCF Margin (%) (%)	4.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	9.6% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	1.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.9% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	7.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	5.3% Caution → Caution Stable Free cash flow as a percentage of revenue Optimal: > 10%	5.8% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	5.9% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	4.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—
FCF / Net Income (x)	1.65x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	1.31x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	6.42x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.62x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.65x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-0.08x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.25x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	0.97x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.95x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.95x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.13x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.27x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.31x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.11x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.22x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	1.38x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	4.24x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	-0.23x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Jan 31, 2026 10-K ↗	FY 2024 Feb 1, 2025 10-K ↗	FY 2023 Feb 3, 2024 10-K ↗	FY 2022 Jan 28, 2023 10-K ↗	FY 2021 Jan 29, 2022 10-K ↗	FY 2020 Jan 30, 2021 10-K ↗	FY 2019 Feb 1, 2020 10-K ↗	FY 2018 Feb 2, 2019 10-K ↗	FY 2017 Feb 3, 2018 10-K ↗	FY 2016 Jan 28, 2017 10-K ↗	FY 2015 Jan 30, 2016 10-K ↗	FY 2014 Jan 31, 2015 10-K ↗	FY 2013 Feb 1, 2014 10-K ↗	FY 2012 Feb 2, 2013 10-K ↗	FY 2011 Jan 28, 2012 10-K ↗	FY 2010 Jan 29, 2011 10-K ↗	FY 2009 Jan 30, 2010 10-K ↗	FY 2008 Jan 31, 2009 10-K ↗	FY 2007 Feb 2, 2008 10-K ↗	FY 2006 Feb 3, 2007 10-K ↗
Return on Invested Capital (%)	16.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	15.2% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	4.5% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	19.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	26.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-53.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	20.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	12.7% Good → Good Stable Return earned on debt + equity capital invested Optimal: > 10%	12.8% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	9.7% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	14.6% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	16.3% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	15.8% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	34.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	32.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	27.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	18.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-74.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	14.9% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	6.3% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	5.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	2.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	10.3% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	13.4% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	-25.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.6% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	9.1% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	9.5% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	6.6% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	9.9% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	13.1% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	12.4% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	12.7% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	10.9% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	9.2% Fair Fair Operating profit relative to total assets Optimal: > 10%	5.0% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—	—
Return on Common Equity (%) (%)	13.2% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-34%)	12.8% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-36%)	2.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-87%)	28.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+44%)	39.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+97%)	-154.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-872%)	—	17.2% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-14%)	27.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+36%)	14.3% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-28%)	25.2% Excellent → Excellent Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+26%)	28.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+42%)	23.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+19%)	22.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+10%)	21.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+6%)	15.3% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-23%)	7.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-65%)	-103.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-617%)	9.0% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Jan 31, 2026 10-K ↗	FY 2024 Feb 1, 2025 10-K ↗	FY 2023 Feb 3, 2024 10-K ↗	FY 2022 Jan 28, 2023 10-K ↗	FY 2021 Jan 29, 2022 10-K ↗	FY 2020 Jan 30, 2021 10-K ↗	FY 2019 Feb 1, 2020 10-K ↗	FY 2018 Feb 2, 2019 10-K ↗	FY 2017 Feb 3, 2018 10-K ↗	FY 2016 Jan 28, 2017 10-K ↗	FY 2015 Jan 30, 2016 10-K ↗	FY 2014 Jan 31, 2015 10-K ↗	FY 2013 Feb 1, 2014 10-K ↗	FY 2012 Feb 2, 2013 10-K ↗	FY 2011 Jan 28, 2012 10-K ↗	FY 2010 Jan 29, 2011 10-K ↗	FY 2009 Jan 30, 2010 10-K ↗	FY 2008 Jan 31, 2009 10-K ↗	FY 2007 Feb 2, 2008 10-K ↗	FY 2006 Feb 3, 2007 10-K ↗
Debt to Equity (x)	—	—	0.72x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-9%)	0.73x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-8%)	0.90x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+12%)	1.87x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+134%)	—	0.68x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-14%)	1.00x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+25%)	1.49x Caution → Caution Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+86%)	1.59x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+99%)	1.53x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+91%)	1.15x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+43%)	—	—	—	—	—	—	—
Interest Coverage (x)	7.41x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.75x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	2.25x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	9.89x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	9.18x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	-15.76x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	4.73x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	6.66x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.81x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	3.58x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	5.62x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.09x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	6.87x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	6.26x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.39x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	3.27x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	1.89x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-7.45x Weak Weak Operating income divided by interest expense Optimal: > 5x	3.22x Fair Fair Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-1.25B	$-1.31B	$1.96B	$2.13B	$1.54B	$3.09B	$3.56B	$3.25B	$4.30B	$5.14B	$5.65B	$5.97B	$4.90B	$-1.84B	$-2.83B	$-1.46B	$-1.69B	$-1.39B	$-676.00M	$-1.29B
Debt / EBITDA (x)	—	—	2.34x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.16x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.01x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.36x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.17x Fair → Fair Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.63x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.01x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.71x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.18x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.14x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.94x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Jan 31, 2026 10-K ↗	FY 2024 Feb 1, 2025 10-K ↗	FY 2023 Feb 3, 2024 10-K ↗	FY 2022 Jan 28, 2023 10-K ↗	FY 2021 Jan 29, 2022 10-K ↗	FY 2020 Jan 30, 2021 10-K ↗	FY 2019 Feb 1, 2020 10-K ↗	FY 2018 Feb 2, 2019 10-K ↗	FY 2017 Feb 3, 2018 10-K ↗	FY 2016 Jan 28, 2017 10-K ↗	FY 2015 Jan 30, 2016 10-K ↗	FY 2014 Jan 31, 2015 10-K ↗	FY 2013 Feb 1, 2014 10-K ↗	FY 2012 Feb 2, 2013 10-K ↗	FY 2011 Jan 28, 2012 10-K ↗	FY 2010 Jan 29, 2011 10-K ↗	FY 2009 Jan 30, 2010 10-K ↗	FY 2008 Jan 31, 2009 10-K ↗	FY 2007 Feb 2, 2008 10-K ↗	FY 2006 Feb 3, 2007 10-K ↗
Revenue per Share (USD)	$83.60	$82.84	$87.04	$92.64	$79.73	$55.76	$79.30	$81.15	$81.66	$83.56	$82.46	$79.12	$73.83	$68.28	$62.20	$59.07	$55.70	$59.10	—	—
Basic EPS, GAAP (USD)	$2.37	$2.10	$0.38	$4.28	$4.66	$-12.68	$1.82	$3.60	$5.13	$2.01	$3.26	$4.30	$3.93	$3.29	$2.96	$2.00	$0.78	$-11.34	$2.00	—
Free Cash Flow per Share (USD)	$3.91	$2.74	$2.46	$2.65	$7.69	$1.00	$2.28	$3.50	$4.88	$3.91	$3.68	$5.46	$5.13	$3.65	$3.62	$2.76	$3.31	$2.62	—	—
Dividend per Share (USD)	$0.73	$0.69	$0.66	$0.63	$0.30	$0.38	$1.51	—	—	—	—	—	—	—	$0.55	$0.20	$0.20	$0.53	$0.52	—
Book Value per Share (USD)	$18.48	$16.39	$15.09	$15.04	$12.39	$8.22	—	$20.93	$18.85	$14.22	$13.70	$15.79	$17.12	$15.61	$14.32	$13.06	$11.06	$11.00	—	—
Tangible Book Value per Share (USD)	$13.73	$11.88	$10.50	$10.40	$8.07	$4.15	—	$6.67	$4.46	$-0.24	$-0.52	$3.34	$5.42	$4.51	$3.84	$2.72	$0.55	$11.00	—	—
Basic Weighted Avg Shares (shares)	270.60M	277.70M	274.20M	274.70M	306.80M	311.10M	309.70M	307.70M	305.40M	308.50M	328.40M	355.20M	378.30M	405.50M	424.50M	423.30M	421.70M	421.20M	—	—
Dividend Payout Ratio (%)	30.8% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	32.9% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	173.7% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	14.7% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	6.4% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	-3.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	83.0% Caution Caution Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Jan 31, 2026 10-K ↗	FY 2024 Feb 1, 2025 10-K ↗	FY 2023 Feb 3, 2024 10-K ↗	FY 2022 Jan 28, 2023 10-K ↗	FY 2021 Jan 29, 2022 10-K ↗	FY 2020 Jan 30, 2021 10-K ↗	FY 2019 Feb 1, 2020 10-K ↗	FY 2018 Feb 2, 2019 10-K ↗	FY 2017 Feb 3, 2018 10-K ↗	FY 2016 Jan 28, 2017 10-K ↗	FY 2015 Jan 30, 2016 10-K ↗	FY 2014 Jan 31, 2015 10-K ↗	FY 2013 Feb 1, 2014 10-K ↗	FY 2012 Feb 2, 2013 10-K ↗	FY 2011 Jan 28, 2012 10-K ↗	FY 2010 Jan 29, 2011 10-K ↗	FY 2009 Jan 30, 2010 10-K ↗	FY 2008 Jan 31, 2009 10-K ↗	FY 2007 Feb 2, 2008 10-K ↗	FY 2006 Feb 3, 2007 10-K ↗
Working Capital (USD)	$2.18B	$1.96B	$1.66B	$992.00M	$1.34B	$827.00M	$1.06B	$2.21B	$2.47B	$1.98B	$1.92B	$3.50B	$2.96B	$2.80B	$2.51B	$1.91B	$2.42B	—	—	—
LT Debt (USD)	—	—	$3.00B	$3.00B	$3.25B	$4.32B	$3.70B	$4.41B	$5.75B	$6.44B	$6.76B	$8.22B	$7.17B	—	—	—	—	—	—	—
Total Equity (USD)	$4.86B	$4.55B	$4.14B	$4.08B	$3.62B	$2.55B	—	$6.44B	$5.75B	$4.32B	$4.25B	$5.38B	$6.25B	$6.05B	$5.93B	$5.53B	$4.65B	$4.62B	$9.91B	$12.25B

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Jan 31, 2026 10-K ↗	FY 2024 Feb 1, 2025 10-K ↗	FY 2023 Feb 3, 2024 10-K ↗	FY 2022 Jan 28, 2023 10-K ↗	FY 2021 Jan 29, 2022 10-K ↗	FY 2020 Jan 30, 2021 10-K ↗	FY 2019 Feb 1, 2020 10-K ↗	FY 2018 Feb 2, 2019 10-K ↗	FY 2017 Feb 3, 2018 10-K ↗	FY 2016 Jan 28, 2017 10-K ↗	FY 2015 Jan 30, 2016 10-K ↗	FY 2014 Jan 31, 2015 10-K ↗	FY 2013 Feb 1, 2014 10-K ↗	FY 2012 Feb 2, 2013 10-K ↗	FY 2011 Jan 28, 2012 10-K ↗	FY 2010 Jan 29, 2011 10-K ↗	FY 2009 Jan 30, 2010 10-K ↗	FY 2008 Jan 31, 2009 10-K ↗	FY 2007 Feb 2, 2008 10-K ↗	FY 2006 Feb 3, 2007 10-K ↗
Sales/Revenue/Turnover (USD)	$22.62B	$23.01B	$23.87B	$25.45B	$24.46B	$17.35B	$24.56B	$24.97B	$24.94B	$25.78B	$27.08B	$28.11B	$27.93B	$27.69B	$26.41B	$25.00B	$23.49B	$24.89B	$26.31B	—
Depreciation Expense (USD)	$894.00M	$881.00M	$897.00M	$857.00M	$874.00M	$959.00M	$981.00M	$962.00M	$991.00M	$1.06B	$1.06B	$1.04B	$1.02B	$1.05B	$1.08B	$1.15B	$1.21B	$1.28B	$1.30B	—
Net Income, GAAP (USD)	$642.00M	$582.00M	$105.00M	$1.18B	$1.43B	$-3.94B	$564.00M	$1.11B	$1.57B	$619.00M	$1.07B	$1.53B	$1.49B	$1.33B	$1.26B	$847.00M	$329.00M	$-4.78B	$893.00M	—
Operating Cash Flow (USD)	$1.43B	$1.28B	$1.30B	$1.61B	$2.71B	$649.00M	$1.61B	$1.74B	$1.98B	$1.80B	$1.98B	$2.71B	$2.55B	$2.18B	$2.09B	$1.51B	$1.75B	$1.87B	—	—

Macy's, Inc.

Analytical Summary

20-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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