Macy's M
NYSE M
$23.28 +0.27 (+1.17%)
As of: Sep 29, 2026 · 3:59 PM EDT

Macy's (M) Asset Utilization Ratio (2009 - 2026)

Updated

Macy's' Asset Utilization Ratio came in at 1.42 for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 0.9% from 1.44 a year earlier but up 1.9% from the prior quarter.

Analysis

Macy's (M) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

For FY2026 (ended Jan 31, 2026), Macy's' Asset Utilization Ratio was 1.39, down 1.6% from FY2025.

  • Asset Utilization Ratio has declined in each of the last three fiscal years.
  • Going back by fiscal year, Asset Utilization Ratio was 1.41 in FY2025 (-2.2%), 1.44 in FY2024 (-2.4%), 1.48 in FY2023 (+2.6%) and 1.44 in FY2022 (+61.3%).
  • The five-year range for quarterly Asset Utilization Ratio is 1.23 (fiscal Q3 2022) to 1.59 (fiscal Q2 2023).
  • Year-over-year, Asset Utilization Ratio has declined for seven consecutive quarters, with an average decline of 1.1% over the last eight quarters.
  • The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q4 2022 (growth of 50.7%), and the weakest in fiscal Q3 2024 (a decline of 8.7%).
  • Business Quant data shows M's Asset Utilization Ratio at 1.40 (Q1 2027), 1.36 (Q4 2026) and 1.39 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Amazon Com 2,654.24 Bn 2,170.93 Bn 104.83 Bn 0.73
2 Home Depot 289.19 Bn 282.43 Bn 16.12 Bn 1.56
3 Tjx Companies 143.39 Bn 120.94 Bn 5.07 Bn 1.70
4 Lowes Companies 105.29 Bn 98.25 Bn 8.58 Bn 1.63
5 Ross Stores 75.79 Bn 58.72 Bn 2.12 Bn 1.55
6 Target 72.00 Bn 66.59 Bn 8.94 Bn 1.81
7 O Reilly Automotive 70.61 Bn 69.69 Bn 2.52 Bn 1.08
8 Carvana 66.52 Bn 58.12 Bn 1.38 Bn 1.77
9 Autozone 47.57 Bn 46.47 Bn 2.52 Bn 0.97
10 Macy's 6.01 Bn 1.73 Bn 2.21 Bn 1.42
Historic Data

Historic Data

Download Data
DateValue
Aug 1, 2026 1.42
May 2, 2026 1.40
Jan 31, 2026 1.36
Nov 1, 2025 1.39
Aug 2, 2025 1.44
May 3, 2025 1.40
Feb 1, 2025 1.37
Nov 2, 2024 1.41
Aug 3, 2024 1.45
May 4, 2024 1.45
Feb 3, 2024 1.39
Oct 28, 2023 1.40
Jul 29, 2023 1.48
Apr 29, 2023 1.49
Jan 28, 2023 1.45
Oct 29, 2022 1.53
Jul 30, 2022 1.59
Apr 30, 2022 1.52
Jan 29, 2022 1.42
Oct 30, 2021 1.23
API Access

Macy's Asset Utilization Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=M&period=max&api_key=YOUR_API_KEY