Macy's (M) Change in Inventory (2009 - 2026)
Macy's' Change in Inventory came in at -$384 million for fiscal Q2 2027 (quarter ended Aug 1, 2026), compared with -$321 million a year earlier.
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Analysis
Macy's (M) Change in Inventory (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 1, 2026, Macy's reported Change in Inventory of $109 million; for FY2026 (ended Jan 31, 2026), it came in at -$51 million.
- Going back by fiscal year, Change in Inventory was $51 million in FY2025 (-48.5%), $99 million in FY2024, -$116 million in FY2023 and $610 million in FY2022.
- The five-year range for quarterly Change in Inventory is -$2.14 billion (fiscal Q4 2023) to $1.96 billion (fiscal Q3 2026).
- Year-over-year, Change in Inventory increased in two of the last four quarters, with growth averaging 22.1%.
- The fastest year-over-year change in Change in Inventory over five years came in fiscal Q1 2027 (growth of 112.6%), and the weakest in fiscal Q1 2024 (a decline of 40.7%).
- Business Quant data shows M's Change in Inventory at $421 million (Q1 2027), -$1.88 billion (Q4 2026) and $1.96 billion (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 1.82 Bn |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | -604.00 Mn |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 221.00 Mn |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | -709.00 Mn |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 110.41 Mn |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 932.00 Mn |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 160.24 Mn |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 586.00 Mn |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 104.14 Mn |
| 10 | Macy's | 6.01 Bn | 1.73 Bn | 2.21 Bn | -384.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | -384.00 Mn |
| May 2, 2026 | 421.00 Mn |
| Jan 31, 2026 | -1.88 Bn |
| Nov 1, 2025 | 1.96 Bn |
| Aug 2, 2025 | -321.00 Mn |
| May 3, 2025 | 198.00 Mn |
| Feb 1, 2025 | -1.79 Bn |
| Nov 2, 2024 | 1.88 Bn |
| Aug 3, 2024 | -312.00 Mn |
| May 4, 2024 | 273.00 Mn |
| Feb 3, 2024 | -1.66 Bn |
| Oct 28, 2023 | 1.90 Bn |
| Jul 29, 2023 | -478.00 Mn |
| Apr 29, 2023 | 340.00 Mn |
| Jan 28, 2023 | -2.14 Bn |
| Oct 29, 2022 | 1.79 Bn |
| Jul 30, 2022 | -346.00 Mn |
| Apr 30, 2022 | 573.00 Mn |
| Jan 29, 2022 | -1.76 Bn |
| Oct 30, 2021 | 1.84 Bn |
API Access
Macy's Change in Inventory 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=change-in-inventory&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();