Macy's (M) Invested Capital (2009 - 2026)

Macy's has disclosed Invested Capital across 18 years of filings, most recently posting $4.9 billion for Q1 2026.

• Invested Capital for Q1 2026 came in at $4.9 billion, down 33.71% year-over-year; the trailing twelve-month figure through Jan 2026 was $4.9 billion (down 33.71% YoY), and the FY2026 annual result was $4.9 billion, down 33.71% from the prior year.
• Invested Capital came in at $4.9 billion for Q1 2026 at Macy's, down from $6.8 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $7.3 billion in Q1 2025 to a low of $4.9 billion in Q1 2026.
• The 5-year median for Invested Capital is $7.0 billion (2023), against an average of $6.8 billion.
• Across the five-year window, Invested Capital advanced 13.52% in 2023 and tumbled 33.71% in 2026, its largest moves.
• Macy's' Invested Capital stood at $6.5 billion in 2022, then grew by 9.66% to $7.1 billion in 2023, then decreased by 2.4% to $6.9 billion in 2024, then declined by 2.4% to $6.8 billion in 2025, then retreated by 28.11% to $4.9 billion in 2026.
• The last three Invested Capital figures came in at $4.9 billion (Q1 2026), $6.8 billion (Q4 2025), and $7.1 billion (Q3 2025), per Business Quant data.