Overview Dividends

(M) Macy’s - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55616P1049

Apparel, Accessories, Cosmetics, Home, Consumer Goods

M EPS (Earnings per Share)

EPS Growth (3Y CAGR): -78.18%
EPS Trend (3Y Correlation): -37.3%

M Revenue

Revenue Growth (3Y CAGR): -3.20%
Revenue Trend (3Y Correlation): -22.2%

Description: M Macy’s November 08, 2025

Macy’s, Inc. (NYSE:M) is an omni-channel retailer operating department-store formats, e-commerce sites, and mobile apps across the United States under the Macy’s, Bloomingdale’s, and Bluemercury brands, with licensed stores in Dubai and Kuwait. Founded in 1830 and headquartered in New York, the firm transitioned from Federated Department Stores to its current name in 2007 and now competes in the Broadline Retail sub-industry.

Key recent metrics (FY 2023): comparable sales fell 1.8% YoY, while e-commerce sales grew 9.5% and now represent roughly 30% of total revenue; inventory turnover improved to 4.2×, reflecting tighter supply-chain management. The business is sensitive to consumer-discretionary spending, which is currently constrained by elevated inflation and higher interest rates that depress discretionary purchases and foot traffic in malls.

For a deeper, data-driven view of Macy’s valuation and risk profile, you might explore the analyst tools available on ValueRay.

M Stock Overview

Market Cap in USD	5,026m
Sub-Industry	Broadline Retail
IPO / Inception	1992-02-05

M Stock Ratings

Growth Rating	8.84%
Fundamental	55.5%
Dividend Rating	82.9%
Return 12m vs S&P 500	14.1%
Analyst Rating	3.15 of 5

M Dividends

Dividend Yield 12m	3.54%
Yield on Cost 5y	11.04%
Annual Growth 5y	16.49%
Payout Consistency	92.2%
Payout Ratio	31.2%

M Growth Ratios

Growth Correlation 3m	93.5%
Growth Correlation 12m	10%
Growth Correlation 5y	-18.7%
CAGR 5y	3.33%
CAGR/Max DD 3y (Calmar Ratio)	0.06
CAGR/Mean DD 3y (Pain Ratio)	0.11
Sharpe Ratio 12m	-0.50
Alpha	11.04
Beta	1.803
Volatility	49.91%
Current Volume	5685.8k
Average Volume 20d	6247.1k
Stop Loss	19.6 (-3.7%)
Signal	0.51

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (495.0m TTM) > 0 and > 6% of Revenue (6% = 1.36b TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA 3.21pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 7.07% (prev 7.83%; Δ -0.75pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.09 (>3.0%) and CFO 1.40b > Net Income 495.0m (YES >=105%, WARN >=100%)

Net Debt (4.65b) to EBITDA (1.65b) ratio: 2.82 <= 3.0 (WARN <= 3.5)

Current Ratio 1.38 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (278.3m) change vs 12m ago -1.17% (target <= -2.0% for YES)

Gross Margin 40.31% (prev 41.02%; Δ -0.71pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 144.7% (prev 148.5%; Δ -3.81pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.23 (EBITDA TTM 1.65b / Interest Expense TTM 105.0m) >= 6 (WARN >= 3)

Altman Z'' 2.94

(A) 0.10 = (Total Current Assets 5.83b - Total Current Liabilities 4.22b) / Total Assets 15.55b

(B) 0.42 = Retained Earnings (Balance) 6.52b / Total Assets 15.55b

(D) 0.55 = Book Value of Equity 6.08b / Total Liabilities 11.10b

Total Rating: 2.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.46

1. Piotroski 5.50pt = 0.50

2. FCF Yield 8.31% = 4.15

3. FCF Margin 3.54% = 0.89

4. Debt/Equity 1.23 = 1.79

5. Debt/Ebitda 2.82 = -1.51

6. ROIC - WACC (= 1.78)% = 2.23

7. RoE 11.25% = 0.94

8. Rev. Trend -22.20% = -1.66

9. EPS Trend -37.27% = -1.86

What is the price of M shares?

As of November 08, 2025, the stock is trading at USD 20.35 with a total of 5,685,800 shares traded.
Over the past week, the price has changed by +4.41%, over one month by +14.52%, over three months by +69.87% and over the past year by +30.10%.

Is Macy’s a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Macy’s is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 55.46 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of M is around 19.42 USD . This means that M is currently overvalued and has a potential downside of -4.57%.

Is M a buy, sell or hold?

Macy’s has received a consensus analysts rating of 3.15. Therefor, it is recommend to hold M.

Strong Buy: 2
Buy: 0
Hold: 10
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the M price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	16	-21.6%
Analysts Target Price	16	-21.6%
ValueRay Target Price	21.2	4.2%

M Fundamental Data Overview October 27, 2025

Market Cap USD = 5.03b (5.03b USD * 1.0 USD.USD)
P/E Trailing = 10.6364
P/E Forward = 10.4058
P/S = 0.2214
P/B = 1.0973
P/EG = 2.0806
Beta = 1.803
Revenue TTM = 22.70b USD
EBIT TTM = 759.0m USD
EBITDA TTM = 1.65b USD
Long Term Debt = 2.43b USD (from longTermDebt, last quarter)
Short Term Debt = 194.0m USD (from shortTermDebt, last quarter)
Debt = 5.48b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.65b USD (from netDebt column, last quarter)
Enterprise Value = 9.68b USD (5.03b + Debt 5.48b - CCE 829.0m)
Interest Coverage Ratio = 7.23 (Ebit TTM 759.0m / Interest Expense TTM 105.0m)
FCF Yield = 8.31% (FCF TTM 804.0m / Enterprise Value 9.68b)
FCF Margin = 3.54% (FCF TTM 804.0m / Revenue TTM 22.70b)
Net Margin = 2.18% (Net Income TTM 495.0m / Revenue TTM 22.70b)
Gross Margin = 40.31% ((Revenue TTM 22.70b - Cost of Revenue TTM 13.55b) / Revenue TTM)
Gross Margin QoQ = 41.99% (prev 41.69%)
Tobins Q-Ratio = 0.62 (Enterprise Value 9.68b / Total Assets 15.55b)
Interest Expense / Debt = 0.46% (Interest Expense 25.0m / Debt 5.48b)
Taxrate = 24.35% (28.0m / 115.0m)
NOPAT = 574.2m (EBIT 759.0m * (1 - 24.35%))
Current Ratio = 1.38 (Total Current Assets 5.83b / Total Current Liabilities 4.22b)
Debt / Equity = 1.23 (Debt 5.48b / totalStockholderEquity, last quarter 4.45b)
Debt / EBITDA = 2.82 (Net Debt 4.65b / EBITDA 1.65b)
Debt / FCF = 5.79 (Net Debt 4.65b / FCF TTM 804.0m)
Total Stockholder Equity = 4.40b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.18% (Net Income 495.0m / Total Assets 15.55b)
RoE = 11.25% (Net Income TTM 495.0m / Total Stockholder Equity 4.40b)
RoCE = 11.11% (EBIT 759.0m / Capital Employed (Equity 4.40b + L.T.Debt 2.43b))
RoIC = 8.02% (NOPAT 574.2m / Invested Capital 7.16b)
WACC = 6.24% (E(5.03b)/V(10.51b) * Re(12.66%) + D(5.48b)/V(10.51b) * Rd(0.46%) * (1-Tc(0.24)))
Discount Rate = 12.66% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.13%
[DCF Debug] Terminal Value 63.14% ; FCFE base≈606.4m ; Y1≈603.0m ; Y5≈632.7m
Fair Price DCF = 21.92 (DCF Value 5.89b / Shares Outstanding 268.5m; 5y FCF grow -1.25% → 3.0% )
EPS Correlation: -37.27 | EPS CAGR: -78.18% | SUE: -0.20 | # QB: 0
Revenue Correlation: -22.20 | Revenue CAGR: -3.20% | SUE: 1.23 | # QB: 3

Additional Sources for M Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle