macy's inc. - M

M

Close Chg Chg %
15.93 -0.04 -0.25%

Closed Market

15.89

-0.04 (0.25%)

Volume: 8.10M

Last Updated:

Nov 26, 2024, 4:00 PM EDT

Company Overview: macy's inc. - M

M Key Data

Open

$15.85

Day Range

15.68 - 16.19

52 Week Range

14.06 - 22.10

Market Cap

$4.42B

Shares Outstanding

277.37M

Public Float

275.29M

Beta

2.15

Rev. Per Employee

N/A

P/E Ratio

24.52

EPS

$0.66

Yield

430.68%

Dividend

$0.17

EX-DIVIDEND DATE

Dec 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

6.07M

 

M Performance

1 Week
 
-2.21%
 
1 Month
 
3.57%
 
3 Months
 
2.38%
 
1 Year
 
7.20%
 
5 Years
 
4.05%
 

M Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 15
Full Ratings ➔

About macy's inc. - M

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.

M At a Glance

Macy's, Inc.
151 West 34th Street
New York, New York 10001
Phone 1-212-494-1621 Revenue 23.87B
Industry Department Stores Net Income 105.00M
Sector Retail Trade Employees 85,581
Fiscal Year-end 01 / 2025
View SEC Filings

M Valuation

P/E Current 25.077
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 49.364
Price to Sales Ratio 0.217
Price to Book Ratio 1.235
Price to Cash Flow Ratio 3.972
Enterprise Value to EBITDA 4.673
Enterprise Value to Sales 0.44
Total Debt to Enterprise Value 0.605

M Efficiency

Revenue/Employee 278,870.31
Income Per Employee 1,226.908
Receivables Turnover 63.473
Total Asset Turnover 1.344

M Liquidity

Current Ratio 1.374
Quick Ratio 0.39
Cash Ratio 0.233

M Profitability

Gross Margin 40.74
Operating Margin 5.648
Pretax Margin 0.52
Net Margin 0.44
Return on Assets 0.591
Return on Equity 2.555
Return on Total Capital 1.002
Return on Invested Capital 1.042

M Capital Structure

Total Debt to Total Equity 153.299
Total Debt to Total Capital 60.521
Total Debt to Total Assets 36.40
Long-Term Debt to Equity 144.646
Long-Term Debt to Total Capital 57.105
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Macy's Inc. - M

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
18.10B 25.29B 25.30B 23.87B
Sales Growth
-28.56% +39.76% +0.05% -5.69%
Cost of Goods Sold (COGS) incl D&A
13.24B 15.83B 15.31B 14.14B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
959.00M 874.00M 857.00M 897.00M
Depreciation
689.00M 634.00M 620.00M 626.00M
Amortization of Intangibles
270.00M 240.00M 237.00M 271.00M
COGS Growth
-18.00% +19.52% -3.31% -7.60%
Gross Income
4.85B 9.46B 10.00B 9.72B
Gross Income Growth
-47.14% +95.01% +5.68% -2.76%
Gross Profit Margin
+26.81% +37.41% +39.51% +40.74%
2021 2022 2023 2024 5-year trend
SG&A Expense
5.72B 7.07B 8.19B 8.23B
Research & Development
- - - -
-
Other SG&A
5.72B 7.07B 8.19B 8.23B
SGA Growth
-27.57% +23.51% +15.98% +0.40%
Other Operating Expense
88.00M 108.00M 123.00M 148.00M
Unusual Expense
3.66B 325.00M 111.00M 1.03B
EBIT after Unusual Expense
(4.62B) 1.96B 1.57B 321.00M
Non Operating Income/Expense
118.00M 158.00M 122.00M (62.00M)
Non-Operating Interest Income
- 4.00M 1.00M 13.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
289.00M 256.00M 175.00M 135.00M
Interest Expense Growth
+40.98% -11.42% -31.64% -22.86%
Gross Interest Expense
298.00M 270.00M 197.00M 163.00M
Interest Capitalized
9.00M 14.00M 22.00M 28.00M
Pretax Income
(4.79B) 1.87B 1.52B 124.00M
Pretax Income Growth
-757.97% +138.96% -18.65% -91.83%
Pretax Margin
-26.47% +7.38% +6.00% +0.52%
Income Tax
(846.00M) 436.00M 341.00M 19.00M
Income Tax - Current - Domestic
(519.00M) 417.00M 379.00M 263.00M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(327.00M) 19.00M (38.00M) (244.00M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(3.94B) 1.43B 1.18B 105.00M
Minority Interest Expense
- - - -
-
Net Income
(3.94B) 1.43B 1.18B 105.00M
Net Income Growth
-799.29% +136.26% -17.69% -91.08%
Net Margin Growth
-21.79% +5.65% +4.65% +0.44%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(3.94B) 1.43B 1.18B 105.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
(3.94B) 1.43B 1.18B 105.00M
EPS (Basic)
-12.6776 4.661 4.2847 0.3829
EPS (Basic) Growth
-796.15% +136.77% -8.07% -91.06%
Basic Shares Outstanding
311.10M 306.80M 274.70M 274.20M
EPS (Diluted)
-12.6776 4.5541 4.1871 0.3774
EPS (Diluted) Growth
-799.96% +135.92% -8.06% -90.99%
Diluted Shares Outstanding
311.10M 314.00M 281.10M 278.20M
EBITDA
3.00M 3.16B 2.54B 2.25B
EBITDA Growth
-99.86% +105,333.33% -19.73% -11.58%
EBITDA Margin
+0.02% +12.51% +10.03% +9.41%

Snapshot

Average Recommendation HOLD Average Target Price 16.90
Number of Ratings 15 Current Quarters Estimate 1.877
FY Report Date 01 / 2025 Current Year's Estimate 2.727
Last Quarter’s Earnings 0.04 Median PE on CY Estimate N/A
Year Ago Earnings 3.50 Next Fiscal Year Estimate 2.558
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 12 7 13 13
Mean Estimate 1.88 0.30 2.73 2.56
High Estimates 2.01 0.34 2.86 2.76
Low Estimate 1.75 0.25 2.60 1.99
Coefficient of Variance 3.97 12.13 2.90 9.26

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 1 1 1
HOLD 10 10 9
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Hold Hold Hold

Insider Actions for Macy's Inc. - M

Date Name Shares Transaction Value
Nov 5, 2024 Olivier Bron CEO, Bloomingdale s 9,328 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 5, 2024 Olivier Bron CEO, Bloomingdale s 1,856 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.27 per share 28,341.12
Nov 5, 2024 Olivier Bron CEO, Bloomingdale s 3,109 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Danielle L. Kirgan EVP, Chief HR Officer 372,147 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Danielle L. Kirgan EVP, Chief HR Officer 348,000 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $18.96 per share 6,598,080.00
Jul 12, 2024 Danielle L. Kirgan EVP, Chief HR Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Antony Spring Chairman & CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Paul Griscom SVP and Controller 26,684 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Paul Griscom SVP and Controller 26,348 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $18.97 per share 499,821.56
Jul 12, 2024 Paul Griscom SVP and Controller N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Antony Spring Chairman & CEO; Director 267,265 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $18.96 per share 5,067,344.40
Jul 12, 2024 Antony Spring Chairman & CEO; Director 286,246 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 21, 2024 Naveen K. Chopra Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 William H. Lenehan Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Ashley Buchanan Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Torrence N. Boone Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Marie Anastasia Chandoha Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Sara L. Levinson Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Deirdre P. Connelly Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Paul C. Varga Director 8,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Macy'S Inc. in the News