Macy's (M) Invested Capital (2009 - 2026)
Macy's' Invested Capital was $7.36 billion in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 4.0% from $7.08 billion a year earlier and up 1.3% from the prior quarter.
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Analysis
Macy's (M) Invested Capital (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Invested Capital at Macy's came in at $7.29 billion, down 0.5% from FY2025.
- Invested Capital shows a five-year compound annual growth rate of -0.3% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $7.33 billion in FY2025 (+4.2%), $7.03 billion in FY2024 (unchanged), $7.04 billion in FY2023 (+1.7%) and $6.92 billion in FY2022 (-6.7%).
- The fiscal Q2 2027 figure marks the highest quarterly Invested Capital since fiscal Q2 2022.
- Compared with a year earlier, Invested Capital was higher in four of the last eight quarters, with growth averaging 0.2%.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q1 2024 (growth of 13.5%); the worst was fiscal Q2 2023 (a decline of 18.3%).
- Per Business Quant data, M's Invested Capital in the three fiscal quarters before Q2 2027 was $7.27 billion (Q1 2027), $7.29 billion (Q4 2026) and $6.76 billion (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 680.51 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 69.51 Bn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 13.52 Bn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 30.12 Bn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 7.76 Bn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 33.20 Bn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 5.18 Bn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 10.37 Bn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 6.23 Bn |
| 10 | Macy's | 5.95 Bn | 1.67 Bn | 2.21 Bn | 7.36 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 7.36 Bn |
| May 2, 2026 | 7.27 Bn |
| Jan 31, 2026 | 7.29 Bn |
| Nov 1, 2025 | 6.76 Bn |
| Aug 2, 2025 | 7.08 Bn |
| May 3, 2025 | 7.23 Bn |
| Feb 1, 2025 | 7.33 Bn |
| Nov 2, 2024 | 7.01 Bn |
| Aug 3, 2024 | 7.20 Bn |
| May 4, 2024 | 7.08 Bn |
| Feb 3, 2024 | 7.03 Bn |
| Oct 28, 2023 | 7.26 Bn |
| Jul 29, 2023 | 7.16 Bn |
| Apr 29, 2023 | 7.12 Bn |
| Jan 28, 2023 | 7.04 Bn |
| Oct 29, 2022 | 6.65 Bn |
| Jul 30, 2022 | 6.53 Bn |
| Apr 30, 2022 | 6.27 Bn |
| Jan 29, 2022 | 6.92 Bn |
| Oct 30, 2021 | 6.44 Bn |
API Access
Macy's Invested Capital 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=invested-capital&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();