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Macy's M Right of Use Assets

Right of Use Assets at other companies

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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

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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 m:LeaseRightOfUseAsset.

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 right of use assets?
Macy's (M) reported right of use assets of $2.09B in Q1 2026.
How has Macy's's right of use assets changed year-over-year?
Macy's's right of use assets decreased by 6.2% year-over-year, from $2.23B to $2.09B.
What is the long-term trend for Macy's's right of use assets?
Over 4 years (2021 to 2025), Macy's's right of use assets has grown at a -6.6% compound annual growth rate (CAGR), from $2.81B to $2.14B.
What does right of use assets mean?
This represents the capitalized value of a lessee's right to use an underlying asset over the lease term, recognized on the balance sheet under operating or finance lease arrangements. It reflects the economic benefit the company expects to derive from leased retail store locations, distribution centers, and corporate office spaces. Monitoring this balance helps investors assess the scale of the company's physical footprint and its long-term commitment to leased real estate.