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Macy's M Pension Expense

Pension Expense 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$6.71B+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

Reported directly by Macy's in its filing.

Tagged under the XBRL concept us-gaap:PensionExpenseReversalOfExpenseNoncash.

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

Filed
Jun 4, 2026, 4:27 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-040820
Line item13 Weeks Ended / May 2, 202613 Weeks Ended / May 3, 2025
Depreciation and amortization210219
Stock-based compensation expense1413
Gains on sale of real estate(15)(16)
Benefit plans21
Amortization of financing costs and premium on acquired debt12
Deferred income taxes22(2)
Changes in assets and liabilities:
Decrease in receivables31662

Item 1. Financial Statements (unaudited)

FAQ

What is Macy's's pension expense?
Macy's (M) reported pension expense of $2M in Q1 2026.
How has Macy's's pension expense changed year-over-year?
Macy's's pension expense increased by 100.0% year-over-year, from $1M to $2M.
What is the long-term trend for Macy's's pension expense?
Over 2 years (2021 to 2023), Macy's's pension expense has grown at a -65.7% compound annual growth rate (CAGR), from $34M to $4M.
What does pension expense mean?
Non-cash pension and postretirement benefit expense that exceeds or falls short of cash contributions to the plans.

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