US stock · Consumer Cyclical sector · Department Stores
Company Logo

Macy's, Inc.

MNYSE

24.12

USD
-0.34
(-1.39%)
After Hours Market
4.99P/E
6Forward P/E
0.23P/E to S&P500
6.539BMarket CAP
2.55%Div Yield
Upcoming Earnings
20 Feb-24 Feb
Shares Short
1/13/23
19.32M
Short % of Float
9.42%
Short % of Shares Outs.
7.12%
% Held by Insiders
0.30%
% Held by Institutions
82.58%
Beta
1.78
PEG Ratio
-0.75
52w. high/low
28.21/15.10
Avg. Daily Volume
9.90M
Return %
Stock
S&P 500
1 year
(2.78)
(7.99)
3 years
41.31
23.80
5 years
4.40
56.27
Scale: |
High
Low
28.47
5.07
20.84
6.27
26.32
15.34
33.26
21.69
42.17
32.29
54.07
36.35
66.59
50.05
73.61
34.05
45.50
29.94
36.40
17.41
41.99
22.47
31.99
14.11
18.57
4.38
37.95
11.07
28.52
15.10
25.12
20.00
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
49.94
58.92
59.10
55.70
59.07
62.20
68.28
73.83
79.12
82.46
83.56
81.33
83.65
81.79
58.17
82.44
91.56
Earnings per share
1.84
2.00
(11.40)
0.83
2.00
2.96
3.29
3.93
4.30
3.26
2.01
5.07
3.60
1.82
(12.68)
4.66
4.92
FCF per share
4.36
2.54
2.33
3.06
2.36
3.13
3.25
4.46
4.62
2.65
2.88
3.88
2.61
1.46
0.59
6.89
4.15
Dividends per share
0.51
0.52
0.52
0.20
0.20
0.35
0.80
0.95
1.19
1.39
1.49
1.51
1.50
1.50
0.38
0.29
0.62
CAPEX per share
2.58
2.47
2.13
1.09
1.19
1.80
2.32
2.28
3.01
3.39
2.96
2.49
3.03
3.74
1.50
1.95
4.26
Book Value per sh.
22.69
22.18
11.03
11.15
13.06
13.98
14.92
16.52
15.14
12.94
14.01
18.58
20.92
20.59
8.21
11.80
12.38
Comm.Shares outs.
540
447
421
422
423
425
406
378
355
328
309
305
308
310
311
307
281
Avg. annual P/E ratio
20.3
9.7
(1.2)
25.6
13.5
12.7
13.8
14.9
13.8
11.6
12.7
6.5
5.8
4.9
(1.6)
4.6
5.0
P/E to S&P500
1.2
0.4
(0.0)
1.2
0.8
0.9
0.8
0.8
0.7
0.5
0.5
0.3
0.2
0.1
(0.1)
0.2
0.2
Avg. annual div. yield
1.4%
2.7%
3.9%
0.9%
0.7%
0.9%
1.8%
1.6%
2.0%
3.7%
5.8%
4.6%
7.3%
16.7%
1.8%
1.4%
3.0%
Revenue (m)
26,970
26,313
24,892
23,489
25,003
26,405
27,686
27,931
28,105
27,079
25,778
24,837
25,739
25,331
18,097
25,292
25,709
Operating margin
6.8%
7.1%
(17.6)%
4.5%
7.6%
9.1%
9.6%
9.6%
10.0%
7.5%
5.1%
7.3%
6.8%
3.8%
(24.7)%
9.3%
7.5%
Depreciation (m)
1,216
1,273
1,251
1,210
1,150
1,085
1,049
1,020
1,036
1,061
1,058
991
962
981
959
874
844
Net profit (m)
995
893
(4,803)
350
847
1,256
1,335
1,486
1,526
1,072
619
1,547
1,108
564
(3,944)
1,430
1,412
Income tax rate
31.7%
31.1%
2.7%
31.0%
35.8%
36.2%
36.5%
35.1%
36.2%
36.2%
35.8%
(1.9)%
22.7%
22.5%
17.7%
23.4%
22.4%
Net profit margin
3.7%
3.4%
(19.3)%
1.5%
3.4%
4.8%
4.8%
5.3%
5.4%
4.0%
2.4%
6.2%
4.3%
2.2%
(21.8)%
5.7%
5.1%
Working capital (m)
1,063
964
1,614
2,428
1,834
2,514
2,801
2,962
3,143
1,924
1,979
2,369
2,213
1,060
827
1,342
605
Long-term debt (m)
7,847
9,087
8,733
8,456
6,971
6,655
6,806
6,728
7,265
6,995
6,562
5,861
4,708
6,539
7,592
6,393
5,984
Equity (m)
12,254
9,907
4,646
4,701
5,530
5,933
6,051
6,249
5,378
4,250
4,323
5,673
6,436
6,377
2,553
3,621
3,475
ROIC
4.3%
4.0%
(28.2)%
4.4%
7.8%
9.8%
10.2%
11.0%
11.2%
8.9%
6.1%
13.2%
9.4%
4.7%
(30.0)%
13.4%
13.8%
Return on capital
4.9%
4.7%
(22.3)%
5.0%
9.2%
11.0%
12.1%
12.5%
13.0%
10.0%
6.8%
9.5%
8.8%
4.4%
(25.4)%
12.1%
11.2%
Return on equity
8.1%
9.0%
(103.4)%
7.4%
15.3%
21.2%
22.1%
23.8%
28.4%
25.2%
14.3%
27.3%
17.2%
8.8%
(154.5)%
39.5%
40.6%
Plowback ratio
72.5%
74.2%
104.6%
76.0%
90.1%
88.2%
75.7%
75.8%
72.4%
57.4%
24.9%
70.0%
57.8%
17.4%
103.0%
93.7%
87.7%
Div.&Repurch./FCF
101.6%
290.8%
- -
6.0%
4.2%
36.7%
112.7%
95.8%
125.8%
263.4%
83.1%
38.5%
52.1%
102.2%
- -
27.6%
84.3%
Capital Structure
30 Nov · 2022 | Q3
All numbers in millions
Total liabilities
$ 14,755
Total assets
$ 18,230
Long-term debt
$ 5,984
Cash and equiv.
$ 326
Goodwill
$ 828
Retained earnings
$ 5,764
Common stock
272
Enterprise Value
$ 12,197
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
685
1,679
1,712
Receivables
409
276
297
Inventory
5,188
3,774
4,383
Other
528
1,449
1,393
Current assets
6,810
6,184
6,758
Acc. Payable
2,659
2,856
3,280
Debt due
938
737
433
Other
2,153
1,764
1,703
Current liabilities
5,750
5,357
5,416
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
39.76%
3.31%
0.29%
Cash flow
1,055.74%
230.07%
103.75%
Earnings
(136.26)%
(253.26)%
(102.35)%
Dividends
(23.08)%
(24.22)%
(6.60)%
Book value
41.83%
(1.40)%
(0.48)%
Insider Trading
Type
Shares
Date
Lenehan William H
Award
1,345
12/31/22
Mitchell Adrian V
Sale
3,255
11/25/22
Mitchell Adrian V
Exempt
5,947
11/23/22
Mitchell Adrian V
Exempt
5,947
11/23/22
Lenehan William H
Award
1,559
09/30/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
3,148
3,727
4,185
7,037
18,097
2022
4,865
5,844
5,653
8,930
25,292
2023
5,539
5,804
5,436
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
(11.51)
(1.39)
(0.29)
0.51
(12.67)
2022
0.34
1.12
0.78
2.42
4.66
2023
1.01
1.01
0.40
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.38
- -
- -
- -
0.38
2022
- -
- -
0.15
0.14
0.29
2023
0.16
0.15
0.16
- -
- -
Company Description
Sector:
Consumer Cyclical
Industry:
Department Stores
CEO:
Mr. Jeffrey Gennette
Full-time employees:
88,857
City:
New York City
Address:
151 WEST 34TH STREET
IPO:
Feb 5, 1992
Website:
Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, such as apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. It also operates department stores under the Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and bluemercury brands. In addition, the company operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
Recent News
· 6 Jan, 2023 · The Wall Street Journal
· 17 Nov, 2022 · The Wall Street Journal
· 2 Oct, 2022 · The Wall Street Journal
· 28 Aug, 2022 · The Wall Street Journal
· 23 Aug, 2022 · The Wall Street Journal
· 26 May, 2022 · The Wall Street Journal
· 3 May, 2022 · The Wall Street Journal
· 22 Feb, 2022 · The Wall Street Journal
· 14 Oct, 2021 · The Wall Street Journal
· 19 Aug, 2021 · The Wall Street Journal
· 23 Feb, 2021 · The Wall Street Journal