Macy's › Financials
Macy's financials
MTen years from Macy’s own SEC filings. Fiscal years end in January.
Income statement
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.91B | $24.94B | $24.97B | $24.56B | $17.35B | $24.46B | $24.44B | $23.09B | $22.29B | $21.76B | $22.78B | — |
| Gross profit | $10.16B | $9.69B | — | — | — | — | — | — | — | — | — | — |
| Operating income | $1.37B | $1.86B | $1.74B | $970.0M | −$4.47B | $2.35B | $1.69B | $301.0M | $909.0M | $1.03B | $1.14B | — |
| Net income | $627.0M | $1.57B | $1.11B | $564.0M | −$3.94B | $1.43B | $1.15B | $45.0M | $582.0M | $642.0M | $750.0M | — |
| Earnings per share, diluted | $2.02 | $5.10 | $3.56 | $1.81 | −$12.68 | $4.55 | $4.08 | $0.16 | $2.07 | $2.32 | — | — |
Balance sheet
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.30B | $1.46B | $1.16B | $685.0M | $1.68B | $1.71B | $862.0M | $1.03B | $1.31B | $1.25B | — | $1.29B |
| Total assets | $19.85B | $19.38B | $19.19B | $21.17B | $17.71B | $17.59B | $16.87B | $16.25B | $16.40B | $16.24B | — | $15.73B |
| Debt | $6.44B | $5.75B | $4.41B | $3.70B | $4.32B | $3.25B | $3.00B | $3.00B | $2.78B | $2.43B | — | $2.43B |
| Total liabilities | $15.53B | $13.72B | $12.76B | $14.79B | $15.15B | $13.97B | $12.78B | $12.11B | $11.85B | $11.38B | — | $10.80B |
| Shareholders' equity | $4.32B | $5.67B | $6.44B | $6.38B | $2.55B | $3.62B | $4.08B | $4.14B | $4.55B | $4.86B | — | $4.93B |
Cash flow
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.80B | $1.98B | $1.74B | $1.61B | $649.0M | $2.71B | $1.61B | $1.30B | $1.28B | $1.43B | $1.76B | — |
| Capital spending | $596.0M | $487.0M | $657.0M | $972.0M | $338.0M | $354.0M | $888.0M | $631.0M | $518.0M | $373.0M | $347.0M | — |
| Free cash flow | $1.21B | $1.49B | $1.08B | $636.0M | $311.0M | $2.36B | $727.0M | $674.0M | $760.0M | $1.06B | $1.41B | — |
| Buybacks | $316.0M | $1.0M | $0 | $1.0M | $1.0M | $500.0M | $601.0M | $38.0M | $1.0M | $250.0M | $205.0M | — |
| Dividends | $459.0M | $461.0M | $463.0M | $466.0M | $117.0M | $90.0M | $173.0M | $181.0M | $192.0M | $197.0M | $198.0M | — |
| Returned to shareholders | $775.0M | $462.0M | $463.0M | $467.0M | $118.0M | $590.0M | $774.0M | $219.0M | $193.0M | $447.0M | $403.0M | — |
| Stock-based pay | $61.0M | $58.0M | $63.0M | $38.0M | $31.0M | $55.0M | $54.0M | $47.0M | $58.0M | $59.0M | $63.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Macy's financials, answered
What is Macy's market cap?
$6.27B at $24.00 a share, with 261,176,646 shares outstanding as of Aug 29, 2026, from the cover of its latest SEC filing.
How much does Macy's earn?
Revenue of $22.78B and net income of $750.0M in the last 12 months to Aug 2026.
How much debt does Macy's have?
Macy's reported $2.43B of debt and $1.29B of cash and equivalents on its balance sheet in Aug 2026.
Does Macy's make free cash flow?
Yes. Operating cash flow minus capital spending was $1.41B in the last 12 months to Aug 2026.
How much cash does Macy's return to shareholders?
$447.0M in buybacks and dividends in fiscal 2026, from the cash flow statement.