Macy's (M) Return on Assets [ROA] (2009 - 2026)
Macy's (M) reported Return on Assets [ROA] of 4.68% for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 1.55 percentage points from 3.13% a year earlier and up 0.58 percentage points from the prior quarter.
Macy's (M) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Macy's posted Return on Assets [ROA] of 3.93%, up 0.37 percentage points from FY2025.
- Return on Assets [ROA] has a five-year change of +24.22 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Assets [ROA] came in at 3.57% in FY2025 (+3.29 pp), 0.27% in FY2024 (-6.38 pp), 6.65% in FY2023 (-1.45 pp) and 8.10% in FY2022 (+28.39 pp).
- The fiscal Q2 2027 figure ranks as the highest quarterly Return on Assets [ROA] since fiscal Q1 2024.
- Year over year, Return on Assets [ROA] has now increased in each of the last seven quarters, with an average year-over-year change of +1.38 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was fiscal Q4 2022 (a gain of 29.33 percentage points); the low point was fiscal Q1 2025 (a drop of 6.31 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 4.11% (Q1 2027), 3.86% (Q4 2026) and 2.93% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 13.15% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 13.10% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 16.56% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 11.99% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 16.86% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 7.42% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 15.44% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 15.05% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 11.98% |
| 10 | Macy's | 5.95 Bn | 1.67 Bn | 2.21 Bn | 4.68% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 4.68% |
| May 2, 2026 | 4.11% |
| Jan 31, 2026 | 3.86% |
| Nov 1, 2025 | 2.93% |
| Aug 2, 2025 | 3.13% |
| May 3, 2025 | 3.43% |
| Feb 1, 2025 | 3.45% |
| Nov 2, 2024 | 0.68% |
| Aug 3, 2024 | 0.77% |
| May 4, 2024 | -0.29% |
| Feb 3, 2024 | 0.27% |
| Oct 28, 2023 | 3.79% |
| Jul 29, 2023 | 4.33% |
| Apr 29, 2023 | 6.02% |
| Jan 28, 2023 | 6.54% |
| Oct 29, 2022 | 8.17% |
| Jul 30, 2022 | 9.26% |
| Apr 30, 2022 | 9.33% |
| Jan 29, 2022 | 7.97% |
| Oct 30, 2021 | 4.62% |
Macy's Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=M&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();