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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Macy's (M) FCF Margin (2016 - 2025)

Macy's' FCF Margin history spans 17 years, with the latest figure at 1.9% for Q4 2025.

  • For Q4 2025, FCF Margin rose 388.0% year-over-year to 1.9%; the TTM value through Nov 2025 reached 4.6%, up 231.0%, while the annual FY2025 figure was 3.41%, 49.0% up from the prior year.
  • FCF Margin for Q4 2025 was 1.9% at Macy's, down from 4.82% in the prior quarter.
  • Across five years, FCF Margin topped out at 19.34% in Q1 2022 and bottomed at 5.78% in Q4 2024.
  • The 5-year median for FCF Margin is 0.85% (2022), against an average of 3.12%.
  • The largest annual shift saw FCF Margin soared 1590bps in 2021 before it tumbled -1248bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 3.9% in 2021, then surged by 215bps to 4.49% in 2022, then plummeted by -94bps to 0.26% in 2023, then crashed by -2340bps to 5.78% in 2024, then surged by 67bps to 1.9% in 2025.
  • Per Business Quant, the three most recent readings for M's FCF Margin are 1.9% (Q4 2025), 4.82% (Q3 2025), and 2.94% (Q2 2025).