Value Sense
M
Macy's, Inc. (M)
Last Price$13.7(2.6%)
Market Cap$3,816.9M
LTM Revenue
$23.4B
-2.7% YoY
LTM Net Income
$169.0M
-75.3% YoY
LTM Net Debt
$5,511.0M
Net Debt to FCF - 24.6x
LTM Free Cash Flow (FCF)
$224.0M
1.0% margin

M Income Statement

M Income Statement Overview

Annual
Quarterly
LTM
Jan'15
Jan'16
Jan'17
Feb'18
Feb'19
Feb'20
Jan'21
Jan'22
Jan'23
Feb'24
Revenue
$23.9B (5.7%) YoY
Gross profit
$9,723.0M (2.8%) YoY
40.7% margin
Cost of revenue
$14.1B (7.6%) YoY
Operating income
$382.0M (77.9%) YoY
1.6% margin
Other: $123.0M
Net interest: $135.0M
Operating expenses
$9,341.0M 12.3% YoY
Pre-tax income
$124.0M (91.8%) YoY
0.5% margin
Net income
$105.0M (91.1%) YoY
0.4% margin
Income tax
$19.0M
15.3% tax rate
SG&A
$8,509.0M 2.3% YoY
35.7% of revenue

M Income statement key metrics

Annual
Quarterly
LTM

Revenue

$23.9B -5.7% YoY

Operating Income

$0.4B -77.9% YoY

Net Income

$0.1B -91.1% YoY

M Balance Sheet

M Balance Sheet Overview

Annual
Quarterly
LTM
Jan'15
Jan'16
Jan'17
Feb'18
Feb'19
Feb'20
Jan'21
Jan'22
Jan'23
Feb'24
Assets
Liabilities
Total assets
$16.2B
Current assets ($6,089.0M, 37.5% of total)
Cash & ST investments
$1,034.0M (6.4%)
Accounts receivables
$293.0M (1.8%)
Other current assets
$4,762.0M (29.3%)
Non-current assets ($10.2B, 62.5% of total)
Intangible assets
$430.0M (2.6%)
Other non-current assets
$2,114.0M (13.0%)
Financial position
Net Debt
$5,326.0M
$1,034.0M$6,360.0M
Cash & Short-term Investments
Total Debt
Quick ratio
0.3x
Net Debt to Free Cash Flow
17.1x
Debt to Equity ratio
153.7%

M Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$16.2B +3.3% YoY

Liabilities

$12.1B +3.9% YoY

Shareholder's Equity

$4,137.0M +1.3% YoY

M Cash Flow Statement

M Cash Flow Statement Overview

Annual
Quarterly
LTM
Jan'15
Jan'16
Jan'17
Feb'18
Feb'19
Feb'20
Jan'21
Jan'22
Jan'23
Feb'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$862.0M$1,305.0M($913.0M)($220.0M)$0.0$1,034.0M

M Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$1,305.0M -19.2% YoY

Capital Expenditure (CAPEX)

($993.0M) -23.3% YoY

Free Cash Flow (FCF)

$312.0M -2.5% YoY

M Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Jan'05Jan'06Feb'07Feb'08Jan'09Jan'10Jan'11Jan'12Feb'13Feb'14Jan'15Jan'16Jan'17Feb'18Feb'19Feb'20Jan'21Jan'22Jan'23Feb'24
Revenue
% growth
15,630.0
2.4%
22,390.0
43.3%
26,970.0
20.5%
26,313.0
(2.4%)
24,892.0
(5.4%)
23,489.0
(5.6%)
25,003.0
6.4%
26,405.0
5.6%
27,686.0
4.9%
27,931.0
0.9%
28,105.0
0.6%
27,079.0
(3.7%)
25,778.0
(4.8%)
24,837.0
(3.7%)
25,739.0
3.6%
25,331.0
(1.6%)
18,097.0
(28.6%)
25,292.0
39.8%
25,305.0
0.1%
23,866.0
(5.7%)
Cost of Goods Sold (COGS)9,297.013,297.016,197.015,677.015,009.013,973.014,824.015,738.016,538.016,725.016,863.016,496.015,621.015,152.015,215.015,171.012,286.014,956.015,306.014,143.0
Gross Profit
% margin
6,333.0
40.5%
9,093.0
40.6%
10,773.0
39.9%
10,636.0
40.4%
9,883.0
39.7%
9,516.0
40.5%
10,179.0
40.7%
10,667.0
40.4%
11,148.0
40.3%
11,206.0
40.1%
11,242.0
40.0%
10,583.0
39.1%
10,157.0
39.4%
9,685.0
39.0%
10,524.0
40.9%
10,160.0
40.1%
5,811.0
32.1%
10,336.0
40.9%
9,999.0
39.5%
9,723.0
40.7%
Operating Expenses4,933.06,669.08,487.08,554.014,261.08,062.08,260.08,281.08,482.08,440.08,355.08,256.08,265.08,131.09,039.08,998.06,767.08,047.08,317.09,341.0
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Selling, General & Administrative Expenses (SG&A)4,933.07,149.08,678.08,554.08,481.08,062.08,260.08,281.08,482.08,440.08,355.08,256.08,265.08,131.09,039.08,998.06,767.08,047.08,317.08,509.0
Operating Income
% margin
1,400.0
9.0%
2,424.0
10.8%
1,836.0
6.8%
1,863.0
7.1%
(4,378.0)
(17.6%)
1,063.0
4.5%
1,894.0
7.6%
2,411.0
9.1%
2,661.0
9.6%
2,678.0
9.6%
2,800.0
10.0%
2,039.0
7.5%
1,315.0
5.1%
1,807.0
7.3%
1,738.0
6.8%
970.0
3.8%
(956.0)
(5.3%)
2,350.0
9.3%
1,730.0
6.8%
382.0
1.6%
Interest Income0.00.00.00.028.06.05.027.022.017.014.023.026.020.032.025.08.04.015.00.0
Interest Expense0.00.00.00.0588.0556.0579.0443.0422.0388.0393.0361.0363.0310.0236.0185.0280.0255.0162.0135.0
Pre-tax Income1,116.02,044.01,446.01,320.0(4,938.0)507.01,320.01,968.02,102.02,290.02,390.01,678.0952.01,507.01,420.0728.0(4,790.0)1,866.01,518.0124.0
Income Tax
% effective tax rate
427.0
38.3%
671.0
32.8%
458.0
31.7%
411.0
31.1%
(135.0)
2.7%
157.0
31.0%
473.0
35.8%
712.0
36.2%
767.0
36.5%
804.0
35.1%
864.0
36.2%
608.0
36.2%
341.0
35.8%
(29.0)
(1.9%)
322.0
22.7%
164.0
22.5%
(846.0)
17.7%
436.0
23.4%
341.0
22.5%
19.0
15.3%
Net Income
% margin
689.0
4.4%
1,406.0
6.3%
995.0
3.7%
893.0
3.4%
(4,803.0)
(19.3%)
350.0
1.5%
847.0
3.4%
1,256.0
4.8%
1,335.0
4.8%
1,486.0
5.3%
1,526.0
5.4%
1,072.0
4.0%
619.0
2.4%
1,547.0
6.2%
1,108.0
4.3%
564.0
2.2%
(3,944.0)
(21.8%)
1,430.0
5.7%
1,177.0
4.7%
105.0
0.4%
EPS1.973.301.842.00(11.40)0.782.002.963.293.934.303.262.035.133.601.82(12.68)4.664.280.38
Diluted EPS1.933.241.811.97(11.40)0.781.982.923.243.864.223.222.025.103.561.81(12.68)4.554.190.38
EBITDA
% margin
2,143.0
13.7%
2,902.0
13.0%
3,502.0
13.0%
3,355.0
12.8%
(3,072.0)
(12.3%)
2,279.0
9.7%
2,983.0
11.9%
3,500.0
13.3%
3,576.0
12.9%
3,780.0
13.5%
3,915.0
13.9%
3,159.0
11.7%
2,377.0
9.2%
2,828.0
11.4%
2,643.0
10.3%
1,914.0
7.6%
(3,542.0)
(19.6%)
2,996.0
11.8%
2,537.0
10.0%
1,156.0
4.8%

FAQ

What is the Macy's, Inc. (M) revenue?

The Macy's, Inc. (M) revenue is $23.9B, reflecting a year-over-year (YoY) growth of -5.7% YoY.

What is the Macy's, Inc. (M) Net Income?

The Macy's, Inc. (M) Net Income is $105.0M, showcasing a YoY growth of -91.1% YoY.