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Macy's stock: key metrics
MMacy's had an operating margin of 4.6% and a return on invested capital (ROIC) of 8.8% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 39.9% | 6.8% | 3.7% |
| 2007 | 40.4% | 7.1% | 3.4% |
| 2008 | 39.7% | −17.6% | −19.3% |
| 2009 | 40.5% | 4.5% | 1.4% |
| 2010 | 40.7% | 7.6% | 3.4% |
| 2011 | 40.4% | 9.1% | 4.8% |
| 2012 | 40.3% | 9.6% | 4.8% |
| 2013 | 40.1% | 9.6% | 5.3% |
| 2014 | 40.0% | 10.0% | 5.4% |
| 2015 | 39.1% | 7.5% | 4.0% |
| 2016 | 41.0% | 5.2% | 2.4% |
| 2017 | 40.8% | 7.3% | 6.1% |
| 2018 | 40.9% | 6.8% | 4.3% |
| 2019 | 40.1% | 3.8% | 2.2% |
| 2020 | 32.1% | −24.7% | −21.8% |
| 2021 | 41.1% | 9.3% | 5.6% |
| 2022 | 39.7% | 6.6% | 4.5% |
| 2023 | 40.4% | 1.3% | 0.2% |
| 2024 | 40.3% | 4.0% | 2.5% |
| 2025 | 36.5% | 4.6% | 2.8% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 8.1% | 6.4% | 3.4% |
| 2007 | 9.0% | 6.6% | 3.2% |
| 2008 | −100.0% | −21.5% | −21.7% |
| 2009 | 7.0% | 5.6% | 1.5% |
| 2010 | 15.3% | 10.5% | 4.1% |
| 2011 | 21.2% | 13.7% | 5.7% |
| 2012 | 22.1% | 15.2% | 6.4% |
| 2013 | 23.8% | 15.6% | 6.9% |
| 2014 | 28.4% | 16.5% | 7.1% |
| 2015 | 25.2% | 12.2% | 5.2% |
| 2016 | 14.5% | 8.4% | 3.2% |
| 2017 | 27.6% | 18.5% | 8.1% |
| 2018 | 17.2% | 13.2% | 5.8% |
| 2019 | 8.8% | 6.4% | 2.7% |
| 2020 | −100.0% | −31.6% | −22.3% |
| 2021 | 39.5% | 20.1% | 8.1% |
| 2022 | 28.1% | 14.3% | 6.8% |
| 2023 | 1.1% | 3.2% | 0.3% |
| 2024 | 12.8% | 7.7% | 3.5% |
| 2025 | 13.2% | 8.8% | 4.0% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Jan 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 10 Nov 2026, previously Neutral
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.