Macy's Inc. (M) Financial Statements
Historical financial data — 46 statements covering FY2016–FY2026
Founded in 1858 and based in New York City, Macy's operates about 430 eponymous stores, 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's names, and 170 freestanding Bluemerc...
Macy's Inc.'s revenue increased 0.0% year over year, from $22.62B to $22.62B.
Net income increased 0.0% over the same period, from $642.0M to $642.0M.
Over the 10-year period from FY2016 to FY2026, revenue declined by 12% in total.
Total debt increased by 128.9% to $5.57B.
The debt-to-equity ratio stands at 1.15, indicating a elevated leverage profile.
Operating cash flow grew 0.0% to $1.43B.
Macy's Inc. maintains a moderate net profit margin of 2.8%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2025 | $4.91B-1.7% | $11.0M | $2.06B | $43.0M | $-8.0M | $17.06B | $2.43B | $4.33B |
| Q3 FY2026 | $4.75B-3.3% | $-96.0M | $1.91B | $-70.0M | $-339.0M | $17.06B | $5.24B | $4.33B |
| Q4 FY2025 | $7.92B+66.5% | $507.0M | $2.97B | $745.0M | $1.18B | $16.24B | $2.43B | $4.86B |
| Q4 FY2026 | $7.92B+0.0% | $506.0M | $2.97B | $591.0M | $1.18B | $16.24B | $5.57B | $4.86B |
| Q1 FY2026 | $4.89B-38.2% | $63.0M | $2.03B | $112.0M | $292.0M | N/A | N/A | N/A |
| Q1 FY2027 | $4.89B+0.0% | $63.0M | $2.03B | $86.0M | $292.0M | $16.31B | $5.11B | $4.84B |
| Q2 FY2026 | $5.06B+3.4% | $169.0M | $2.21B | $244.0M | $294.0M | N/A | N/A | N/A |
| Q2 FY2027 | $5.06B+0.0% | $169.0M | $2.12B | $162.0M | $294.0M | $15.73B | $5.09B | $4.93B |
Balance Sheet Summary (Q2 FY2027)
Macy's Inc. (M) Financial Statements & Revenue History
Macy's Inc. (M) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Retail-Department Stores industry trading at $24.01 with a market capitalization of $6. This page provides 46 historical financial statements for Macy's Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Macy's Inc. reported revenue of $22.6 billion, representing 0.0% year-over-year growth. The net profit margin of 2.8% suggests thin margins. The debt-to-equity ratio of 1.15 indicates elevated leverage.
M Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Macy's Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether M is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track M's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Macy's Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of M's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use M Financial Data
Investors use Macy's Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare M's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how M's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View M's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Macy's Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.M trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.