Macy's, Inc.
M- Exchange
- NYSE
- Industry
- Retail-Department Stores
- SEC CIK
- 0000794367
No open-market purchases or sales by Macy's, Inc. insiders were filed in the last 90 days; 493 institutions reported holding it in 13F filings for Q2 2026, worth $6.07B in total; Berkshire Hathaway is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:35 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2026 | Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 18, 2026 | Mar 6, 2025 | Feb 27, 2024 | Mar 2, 2023 | Feb 22, 2022 |
| Revenue | $22.6B | $23.0B | $23.9B | $24.4B | $24.5B |
| Cost of revenue | $13.5B | $13.7B | $14.1B | $15.3B | $15.0B |
| Selling, general and administrative | $8.24B | $8.33B | $8.38B | $8.32B | $8.05B |
| Operating income | $1.03B | $909.0M | $382.0M | $1.73B | $2.35B |
| Interest expense | $139.0M | $158.0M | $170.0M | $175.0M | $256.0M |
| Income tax | $207.0M | $181.0M | $19.0M | $341.0M | $436.0M |
| Net income | $642.0M | $582.0M | $105.0M | $1.18B | $1.43B |
| EPS, basic | $2.37 | $2.10 | $0.38 | $4.28 | $4.66 |
| EPS, diluted | $2.32 | $2.07 | $0.38 | $4.19 | $4.55 |
| Weighted shares, basic | 270.6M | 277.7M | 274.2M | 274.7M | 306.8M |
| Weighted shares, diluted | 276.5M | 281.6M | 278.2M | 281.1M | 314.0M |
| Margins and growth | |||||
| Operating margin | 4.6% | 4.0% | 1.6% | 7.1% | 9.6% |
| Net margin | 2.8% | 2.5% | 0.4% | 4.8% | 5.8% |
| Revenue growth, year over year | −1.7% | −3.6% | −2.4% | −0.1% | +41.0% |
| Net income growth, year over year | +10.3% | +454.3% | −91.1% | −17.7% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2026 | Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 18, 2026 | Mar 6, 2025 | Feb 27, 2024 | Mar 2, 2023 | Feb 22, 2022 |
| Cash and equivalents | $1.25B | $1.31B | $1.03B | $862.0M | $1.71B |
| Accounts receivable | – | $303.0M | $293.0M | $300.0M | $297.0M |
| Inventory | $4.41B | $4.47B | $4.36B | $4.27B | $4.38B |
| Total current assets | $6.67B | $6.48B | $6.09B | $5.85B | $6.76B |
| Property, plant and equipment | $4.74B | $5.07B | $5.31B | $5.91B | $5.67B |
| Goodwill | $828.0M | $828.0M | $828.0M | $828.0M | $828.0M |
| Intangible assets | $420.0M | $425.0M | $430.0M | $432.0M | $435.0M |
| Total assets | $16.2B | $16.4B | $16.2B | $16.9B | $17.6B |
| Accounts payable | $1.81B | $1.89B | $1.91B | $2.05B | $2.22B |
| Short-term debt | $0 | $6.00M | – | – | $0 |
| Total current liabilities | $4.49B | $4.52B | $4.43B | $4.86B | $5.42B |
| Long-term debt | – | – | $3.00B | $3.00B | $3.25B |
| Shareholders' equity | $4.86B | $4.55B | $4.14B | $4.08B | $3.62B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2026 | Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 18, 2026 | Mar 6, 2025 | Feb 27, 2024 | Mar 2, 2023 | Feb 22, 2022 |
| Operating cash flow | $1.43B | $1.28B | $1.30B | $1.61B | $2.71B |
| Capital expenditures | $373.0M | $518.0M | $631.0M | $888.0M | $354.0M |
| Free cash flow | $1.06B | $760.0M | $674.0M | $727.0M | $2.36B |
| Depreciation and amortization | $894.0M | $881.0M | $897.0M | $857.0M | $874.0M |
| Stock-based compensation | $59.0M | $58.0M | $47.0M | $54.0M | $55.0M |
| Dividends paid | $197.0M | $192.0M | $181.0M | $173.0M | $90.0M |
| Share buybacks | $250.0M | $1.00M | $38.0M | $601.0M | $500.0M |
| Investing cash flow | -$639.0M | -$592.0M | -$913.0M | -$1.17B | -$370.0M |
| Financing cash flow | -$852.0M | -$413.0M | -$220.0M | -$1.30B | -$2.38B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.3% | 0.3% | 0.2% | 0.2% | 0.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Aug 29, 2026 | 261.2M | −2.7% | SEC |
| May 30, 2026 | 263.0M | −3.1% | SEC |
| Feb 28, 2026 | 263.7M | −5.0% | SEC |
| Nov 29, 2025 | 265.9M | −4.2% | SEC |
| Aug 30, 2025 | 268.5M | −3.2% | SEC |
| May 31, 2025 | 271.5M | −1.8% | SEC |
| Mar 1, 2025 | 277.7M | +1.3% | SEC |
| Nov 30, 2024 | 277.6M | +1.3% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.