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Macy's M Price / book

Price / book at other companies

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0.3×0.0×
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0.7×+0.3×
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3.5×+0.6×
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4.4×+1.6×
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TJX CompaniesTJX
16.4×-0.4×
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Ross StoresROST
11.8×+3.5×

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$6.71B+104%
Enterprise value$7.85B+52.8%
P/E10.1×+4.2×
P/S0.3×+0.2×

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

Calculated from Macy's’s reported figures.

Based on the most recent quarter.

The source filing: Macy's’s 10-Q, filed June 4, 2026. Open the filing →

Filed
Jun 4, 2026, 4:27 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-040820

FAQ

What is Macy's's price / book?
Macy's (M) reported price / book of 1.2× in Q1 2026.
How has Macy's's price / book changed year-over-year?
Macy's's price / book increased by 57.5% year-over-year, from 0.8× to 1.2×.
What is the long-term trend for Macy's's price / book?
Over 5 years (2020 to 2025), Macy's's price / book has grown at a -8.1% compound annual growth rate (CAGR), from 1.6× to 1.1×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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