Macy's (M) FCF Payout Ratio (2009 - 2026)

Macy's has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.05 for Q1 2026.

• FCF Payout Ratio for Q1 2026 came in at 0.05, up 26.34% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.19 (down 11.28% YoY), and the FY2026 annual result was 0.19, down 11.28% from the prior year.
• FCF Payout Ratio came in at 0.05 for Q1 2026 at Macy's, up from 0.51 in the prior quarter.
• In the past five years, FCF Payout Ratio ranged from a high of 1.88 in Q2 2023 to a low of 0.51 in Q4 2025.
• The 5-year median for FCF Payout Ratio is 0.04 (2025), against an average of 0.13.
• Across the five-year window, FCF Payout Ratio surged 323.09% in 2023 and sank 210.46% in 2025, its largest moves.
• Macy's' FCF Payout Ratio stood at 0.47 in 2022, then soared by 77.29% to 0.11 in 2023, then slumped by 53.31% to 0.16 in 2024, then tumbled by 210.46% to 0.51 in 2025, then surged by 108.94% to 0.05 in 2026.
• The last three FCF Payout Ratio figures came in at 0.05 (Q1 2026), 0.51 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.