Macy's (M) Asset Utilization Ratio (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "M", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();