What is Macy's's changes in bank overdrafts?

Macy's (M) reported changes in bank overdrafts of $7M in Q1 2026.

How has Macy's's changes in bank overdrafts changed year-over-year?

Macy's's changes in bank overdrafts increased by 130.4% year-over-year, from -$23M to $7M.

What does changes in bank overdrafts mean?

Tracks the change in cash balances resulting from the timing difference between issuing checks and their actual clearance by the bank. This acts as a short-term financing mechanism or a reflection of cash management efficiency. It is a component of the company's overall liquidity and working capital position.

Macy's M Changes in bank overdrafts

Changes in bank overdrafts at other companies

Mohawk IndustriesMHK

-$3.3M-1,750%

Macy'sM

$7M+130%

Clean HarborsCLH

-$7.56M-341%

Ingram MicroINGM

-$12.41M+89.5%

Ferguson EnterprisesFERG

$0+100%

Dick's Sporting GoodsDKS

$8.42M+170%

Other financials

Income statement

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Revenue$4.9B+2.1%

Gross profit$2.0B+1.7%

Operating income$112.0M+19.1%

Net income$63.0M+65.8%

EPS (diluted)$0.23+76.9%

Balance sheet

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Cash & equivalents$1.3B+38.8%

Total debt$2.4B-12.5%

Total equity$4.8B+8.7%

Total assets$16.3B+1.3%

Cash flow

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Operating cash flow$292.0M+556%

CapEx$88.0M-12.0%

Free cash flow$204.0M+224%

Valuation

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Market cap$6.35B+71.1%

Enterprise value$7.49B+32.2%

P/E9.5×+2.9×

P/S0.3×+0.1×

Profitability

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Gross margin40.3%-0.1pp

Operating margin4.6%+0.8pp

Net margin2.9%+0.5pp

FCF margin6.3%+3.5pp

Returns & leverage

See full

Return on equity14.4%+1.3pp

Debt / equity0.5×-0.1×

Current ratio1.5×0.0×

Where this comes from

Reported directly by Macy's in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOutstandingChecksFinancingActivities.

The official record: Macy's’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Macy's's changes in bank overdrafts?: Macy's (M) reported changes in bank overdrafts of $7M in Q1 2026.
How has Macy's's changes in bank overdrafts changed year-over-year?: Macy's's changes in bank overdrafts increased by 130.4% year-over-year, from -$23M to $7M.
What does changes in bank overdrafts mean?: Tracks the change in cash balances resulting from the timing difference between issuing checks and their actual clearance by the bank. This acts as a short-term financing mechanism or a reflection of cash management efficiency. It is a component of the company's overall liquidity and working capital position.