Macy's M Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 40.3%+0.1pp | 40.3%-0.1pp | 40.4%+0.7pp | 39.7%-1.4pp | |
| Operating margin | 4.6%+0.6pp | 4%+2.7pp | 1.3%-5.4pp | 6.6%-2.6pp | |
| Net margin | 2.8%+0.3pp | 2.5%+2.3pp | 0.2%-4.3pp | 4.5%-1.1pp | |
| Returns | |||||
| Return on equity | 13.7%+0.1pp | 13.6%+12.4pp | 1.1%-28.8pp | 29.9%-16.0pp | |
| Return on invested capital | 8.4%+1.0pp | 7.4%+4.2pp | 3.2%-11.3pp | 14.5%-5.7pp | |
| Efficiency | |||||
| Asset turnover | 1.4×0.0× | 1.4×0.0× | 1.4×0.0× | 1.5×0.0× | |
| Liquidity | |||||
| Current ratio | 1.5×+0.1× | 1.4×+0.1× | 1.3×+0.1× | 1.2×0.0× | |
| Leverage | |||||
| Debt-to-equity | 1.1×-0.2× | 1.3×-0.2× | 1.6×0.0× | 1.6×-0.3× | |
| Net debt / EBITDA | 2.2×-0.4× | 2.7×-1.8× | 4.4×+2.3× | 2.1×+0.6× | |
| Valuation | |||||
| Market capitalization | $5.26B+32.0% | $3.98B-17.4% | $4.82B-14.8% | $5.66B-21.1% | |
| Price / earnings | 8.2×+1.3× | 6.8×-100× | 107.1×+102× | 4.9×-0.1× | |
| Price / sales | 0.2×+0.1× | 0.2×0.0× | 0.2×0.0× | 0.2×-0.1× | |
| Price / book | 1.1×+0.2× | 0.9×-0.3× | 1.2×-0.2× | 1.4×-0.6× | |
| EV / EBITDA | 5×+0.1× | 4.9×-3.6× | 8.4×+4.1× | 4.4×+0.6× | |
| Dividend yield | 3.7%-1.1pp | 4.8%+1.1pp | 3.8%+0.7pp | 3.1%+1.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Macy's's profit margins?
- Macy's (M) runs a 40.3% gross margin and a 4.6% operating margin, with a 2.9% net margin.
- Where do Macy's's ratios come from?
- Every ratio is computed from Macy's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
