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

Macy's' Invested Capital history runs 18 years deep, the most recent figure standing at $4.9 billion for Q1 2026.

• In Q1 2026, Invested Capital fell 33.71% year-over-year to $4.9 billion; the TTM figure through Jan 2026 stood at $4.9 billion (down 33.71% YoY), while the FY2026 annual figure 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.
• A 5-year average of $6.8 billion and a median of $7.0 billion in 2023 frame the typical range for Invested Capital.
• Across the five-year window, Invested Capital climbed 13.52% in 2023 and slumped 33.71% in 2026, its largest moves.
• Macy's' Invested Capital stood at $6.5 billion in 2022, then increased by 9.66% to $7.1 billion in 2023, then slipped by 2.4% to $6.9 billion in 2024, then fell by 2.4% to $6.8 billion in 2025, then decreased by 28.11% to $4.9 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $4.9 billion, $6.8 billion, and $7.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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