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Macy's M PP&E (Net)

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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:PropertyPlantAndEquipmentNet.

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 itemMay 2, 2026January 31, 2026May 3, 2025
Prepaid expenses and other current assets467387445
Income taxes receivable10
Total Current Assets6,8966,6736,291
Property and Equipment - net of accumulated depreciationand amortization of $4,378, $4,255 and $4,2924,6364,7434,964
Right of Use Assets2,0872,1362,226
Goodwill828828828
Other Intangible Assets – net419420424
Other Assets1,4401,4381,356

Item 1. Financial Statements (unaudited)

FAQ

What is Macy's's PP&E (net)?
Macy's (M) reported PP&E (net) of $4.64B in Q1 2026.
How has Macy's's PP&E (net) changed year-over-year?
Macy's's PP&E (net) decreased by 6.6% year-over-year, from $4.96B to $4.64B.
What is the long-term trend for Macy's's PP&E (net)?
Over 5 years (2020 to 2025), Macy's's PP&E (net) has grown at a -4.4% compound annual growth rate (CAGR), from $5.94B to $4.74B.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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