Macy's (M) FCF Margin (2009 - 2026)
Macy's (M) recorded FCF Margin of 4.53% in fiscal Q2 2027 (quarter ended Aug 1, 2026), down 0.27 percentage points from 4.80% a year earlier but up 0.36 percentage points from the prior quarter.
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Analysis
Macy's (M) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Macy's' FCF Margin came in at 6.21% as of Aug 1, 2026, up 1.93 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 4.67%, up 1.37 percentage points from FY2025.
- Annual FCF Margin has a five-year change of +2.88 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, FCF Margin came in at 3.30% in FY2025 (+0.48 pp), 2.82% in FY2024 (-0.03 pp), 2.86% in FY2023 (-6.43 pp) and 9.28% in FY2022 (+7.49 pp).
- Quarterly FCF Margin has ranged from -6.02% in fiscal Q3 2025 to 18.19% in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +1.89 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 12.92 percentage points in fiscal Q4 2022, against a drop of 9.51 percentage points in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.17% (Q1 2027), 13.67% (Q4 2026) and -2.06% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,691.65 Bn | 2,208.35 Bn | 104.83 Bn | -4.40% |
| 2 | Home Depot | 325.36 Bn | 318.60 Bn | 16.12 Bn | 9.42% |
| 3 | Tjx Companies | 162.54 Bn | 140.09 Bn | 5.07 Bn | 11.39% |
| 4 | Lowes Companies | 114.04 Bn | 107.00 Bn | 8.58 Bn | 12.01% |
| 5 | O Reilly Automotive | 75.74 Bn | 74.83 Bn | 2.52 Bn | 14.29% |
| 6 | Ross Stores | 75.07 Bn | 57.99 Bn | 2.12 Bn | 9.97% |
| 7 | Target | 71.70 Bn | 66.28 Bn | 8.94 Bn | 9.17% |
| 8 | Autozone | 53.85 Bn | 52.75 Bn | 2.52 Bn | 9.43% |
| 9 | Carvana | 42.25 Bn | 32.75 Bn | 1.38 Bn | 2.54% |
| 10 | Macy's | 6.35 Bn | 2.07 Bn | 2.21 Bn | 4.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 4.53% |
| May 2, 2026 | 4.17% |
| Jan 31, 2026 | 13.67% |
| Nov 1, 2025 | -2.06% |
| Aug 2, 2025 | 4.80% |
| May 3, 2025 | -3.42% |
| Feb 1, 2025 | 14.85% |
| Nov 2, 2024 | -6.02% |
| Aug 3, 2024 | -2.14% |
| May 4, 2024 | -0.50% |
| Feb 3, 2024 | 11.95% |
| Oct 28, 2023 | -4.13% |
| Jul 29, 2023 | -0.17% |
| Apr 29, 2023 | -2.13% |
| Jan 28, 2023 | 10.42% |
| Oct 29, 2022 | -1.68% |
| Jul 30, 2022 | -2.61% |
| Apr 30, 2022 | 1.38% |
| Jan 29, 2022 | 18.19% |
| Oct 30, 2021 | -3.90% |
API Access
Macy's FCF Margin 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=fcf-margin&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();