Skip to content

Macy's M Return on invested capital

Return on invested capital at other companies

Target logo
TargetTGT
11.9%-6.4pp
Dillards logo
DillardsDDS
51.8%+9.5pp
TJX Companies logo
TJX CompaniesTJX
31.9%+2.1pp
Ross Stores logo
Ross StoresROST
32.6%+2.0pp
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
27.6%-3.5pp
Burlington Stores logo
Burlington StoresBURL
10.4%+0.2pp

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$292.0M+556%
CapEx$88.0M-12.0%
Free cash flow$204.0M+224%

Valuation

See full
Market cap$6.35B+71.1%
Enterprise value$7.49B+32.2%
P/E9.5×+2.9×
P/S0.3×+0.1×

Profitability

See full
Gross margin40.3%-0.1pp
Operating margin4.6%+0.8pp
Net margin2.9%+0.5pp
FCF margin6.3%+3.5pp

Returns & leverage

See full
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 trailing twelve months.

The official record: Macy's’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

Ask your AI about Macy's's return on invested capital.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Macy's's return on invested capital?
Macy's (M) reported return on invested capital of 13% in Q1 2026.
How has Macy's's return on invested capital changed year-over-year?
Macy's's return on invested capital increased by 22.0% year-over-year, from 10.7% to 13%.
What is the long-term trend for Macy's's return on invested capital?
Over 5 years (2020 to 2025), Macy's's return on invested capital has grown at a -28.1% compound annual growth rate (CAGR), from -43.9% to 8.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.