Macy's (M) Payout Ratio (2010 - 2026)
Macy's' Payout Ratio came in at 0.26 for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 33.3% from 0.40 a year earlier and down 10.0% from the prior quarter.
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Analysis
Macy's (M) Payout Ratio (2010 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Macy's' Payout Ratio was 0.31, down 7.0% from FY2025.
- Going back by fiscal year, Payout Ratio was 0.33 in FY2025 (-91.8%), 4.02 in FY2024, 0.15 in FY2023 (+138.0%) and 0.06 in FY2022.
- The fiscal Q2 2027 figure represents the lowest quarterly Payout Ratio since fiscal Q2 2024.
- Year-over-year, Payout Ratio has declined for five consecutive quarters, with growth averaging 31.8% over the last seven quarters.
- The fastest year-over-year change in Payout Ratio over five years came in fiscal Q3 2025 (growth of 520.4%), and the weakest in fiscal Q4 2025 (a decline of 91.8%).
- Business Quant data shows M's Payout Ratio at 0.29 (Q1 2027), 0.31 (Q4 2026) and 0.41 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn |
| 10 | Macy's | 6.01 Bn | 1.73 Bn | 2.21 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 0.26 |
| May 2, 2026 | 0.29 |
| Jan 31, 2026 | 0.31 |
| Nov 1, 2025 | 0.41 |
| Aug 2, 2025 | 0.40 |
| May 3, 2025 | 0.35 |
| Feb 1, 2025 | 0.33 |
| Nov 2, 2024 | 1.70 |
| Aug 3, 2024 | 1.50 |
| Feb 3, 2024 | 4.02 |
| Oct 28, 2023 | 0.27 |
| Jul 29, 2023 | 0.25 |
| Apr 29, 2023 | 0.17 |
| Jan 28, 2023 | 0.15 |
| Oct 29, 2022 | 0.12 |
| Jul 30, 2022 | 0.11 |
| Apr 30, 2022 | 0.08 |
| Jan 29, 2022 | 0.06 |
| Oct 30, 2021 | 0.05 |
| Feb 1, 2020 | 0.83 |
API Access
Macy's Payout Ratio 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=payout-ratio&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();