Obermatt

Macy's

NYQ:M · US55616P1049
Multiline RetailX-Large

360

61
EV / EBIT75
Price / Owner Earnings75
Owner Earnings Yield88
Dividend Yield89
Price/Sales76
EV / Gross Profit93
Price/Book67
Return on Capital53
Cash Return on Capital53
Return on Equity55
EBIT Margin30
Gross Profitability78
Cash Conversion65
Accruals46
Owner Earnings Margin34
Sales growth13
Profit Growth73
Long-Term EPS Growth21
Owner Earnings Growth71
Reinvestment100
Price momentum92
Debt load54
Refinancing64
Debt Payback41
Liquidity58
Analyst ratings19
Opinion Changes50
Price Target Upside11
Market mood31
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Macy's clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryMultiline Retail
SizeX-Large
TypePublic Company
ExchangeNYSE
Founded1985
Employees33,156
ISINUS55616P1049
Last UpdateApr 2, 2026
Themes
Utility Scale SolarFast-Moving Consumer GoodsLifestyleE-CommerceFashionRetailShopping

Description

Macy's, Inc. (Macy’s) operates as an omnichannel retail company. The company operates various stores, websites and mobile applications under three iconic brands: Macy's, Bloomingdale's and Bluemercury. The company sells a wide range of merchandise,…

Analysis

Bargain bin

Macy's, Inc. falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause.

The price is attractive. You pay 7.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is moderate and the balance sheet is adequate. The company scores 12/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
91
2023202420252026

All-time high

94

Mar 2026

All-time low

46

Jan 2025

Average rank

74

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
76
81
75
81
Price/Earnings
75
94
97
91
Price/Book
67
71
69
74
Dividend Yield
89
96
90
85
Value (overall)
96
99
98
95

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →