Growth Metrics

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

Macy's recorded quarterly FCF Payout Ratio of 0.05 in Q1 2026, up 108.94% quarter-over-quarter from 0.51 in Q4 2025, and up 26.34% year-over-year from 0.04 in Q1 2025.

Macy's' FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.05 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio rose 26.34% year-over-year to 0.05; the TTM figure through Jan 2026 stood at 0.19 (down 11.28% YoY), while the FY2026 annual figure 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.
  • A 5-year average of 0.13 and a median of 0.04 in 2025 frame the typical range for FCF Payout Ratio.
  • Across the five-year window, FCF Payout Ratio soared 323.09% in 2023 and plunged 210.46% in 2025, its largest moves.
  • Macy's' FCF Payout Ratio stood at 0.47 in 2022, then jumped by 77.29% to 0.11 in 2023, then sank by 53.31% to 0.16 in 2024, then slumped by 210.46% to 0.51 in 2025, then soared by 108.94% to 0.05 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.05, 0.51, and 0.19 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Macy's 5.57 Bn 4.33 Bn 3.55 Bn 0.05
2 Kohls 1.46 Bn 788.72 Mn 1.85 Bn 0.02
3 Dillard'S 8.79 Mn -1.06 Bn 783.65 Mn 2.47
4 Loan Artificial Intelligence - - - -

Historic Data

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DateValue
Jan 31, 2026 0.05
Nov 1, 2025 -0.51
Aug 2, 2025 0.19
May 3, 2025 -0.31
Feb 1, 2025 0.04
Nov 2, 2024 -0.16
Aug 3, 2024 -0.26
May 4, 2024 0.89
Feb 3, 2024 0.05
Oct 28, 2023 -0.11
Jul 29, 2023 0.62
Apr 29, 2023 1.88
Jan 28, 2023 0.05
Oct 29, 2022 -0.47
Jul 30, 2022 -0.28
Apr 30, 2022 0.58
Jan 29, 2022 0.02
Oct 30, 2021 -0.34
May 2, 2020 -0.58
Feb 1, 2020 0.16
Nov 2, 2019 -0.48
Aug 3, 2019 0.36
May 4, 2019 -1.18
Feb 2, 2019 0.09
Nov 3, 2018 -0.60
Aug 4, 2018 0.79
May 5, 2018 0.44
Feb 3, 2018 0.08
Oct 28, 2017 -0.54
Jul 29, 2017 0.38
Apr 29, 2017 0.96
Jan 28, 2017 0.09
Oct 29, 2016 -0.28
Jul 30, 2016 0.35
Apr 30, 2016 -1.67
Jan 30, 2016 0.07
Oct 31, 2015 -0.52
Aug 1, 2015 0.46
May 2, 2015 -10.60
Jan 31, 2015 0.08
Nov 1, 2014 3.55
Aug 2, 2014 0.19
May 3, 2014 4.00
Feb 1, 2014 0.07
Nov 2, 2013 1.11
Aug 3, 2013 0.31
May 4, 2013 0.31
Feb 2, 2013 0.07
Oct 27, 2012 -0.78
Jul 28, 2012 0.19
Apr 28, 2012 0.86
Jan 28, 2012 0.03
Oct 29, 2011 -0.27
Jul 30, 2011 0.10
Apr 30, 2011 3.50
Jan 29, 2011 0.02
Oct 30, 2010 -0.49
Jul 31, 2010 0.06
May 1, 2010 -0.11
Jan 30, 2010 0.02
Oct 31, 2009 -0.16
Aug 1, 2009 0.07
May 2, 2009 -0.35
Jan 31, 2009 0.04