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Macy's (M) Operating Leases (2019 - 2026)

Macy's (M) has disclosed Operating Leases for 8 consecutive years, with $3.1 billion as the latest value for Q1 2026.

  • Quarterly Operating Leases rose 7.11% to $3.1 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $3.1 billion through Jan 2026, up 7.11% year-over-year, with the annual reading at $3.1 billion for FY2026, 7.11% up from the prior year.
  • Operating Leases for Q1 2026 was $3.1 billion at Macy's, up from $2.8 billion in the prior quarter.
  • The five-year high for Operating Leases was $3.3 billion in Q1 2024, with the low at $2.8 billion in Q4 2025.
  • Average Operating Leases over 5 years is $3.0 billion, with a median of $3.0 billion recorded in 2022.
  • The sharpest move saw Operating Leases dropped 12.47% in 2025, then rose 7.11% in 2026.
  • Over 5 years, Operating Leases stood at $3.0 billion in 2022, then grew by 1.54% to $3.0 billion in 2023, then decreased by 2.41% to $3.0 billion in 2024, then dropped by 5.07% to $2.8 billion in 2025, then increased by 11.53% to $3.1 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods came in at $3.1 billion, $2.8 billion, and $2.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.