Macy's (M) Return on Capital Employed (2009 - 2026)

Macy's' Return on Capital Employed history runs 18 years deep, the most recent figure standing at 8.47% for Q1 2026.

• In Q1 2026, Return on Capital Employed rose 109.0% year-over-year to 8.47%; the TTM figure through Jan 2026 stood at 8.47% (up 109.0% YoY), while the FY2026 annual figure was 8.71%, up 101.0% from the prior year.
• Return on Capital Employed came in at 8.47% for Q1 2026 at Macy's, up from 7.52% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 22.01% in Q2 2022 to a low of 1.6% in Q2 2024.
• A 5-year average of 10.08% and a median of 8.47% in 2026 frame the typical range for Return on Capital Employed.
• Across the five-year window, Return on Capital Employed soared 5281 bps in 2022 and slumped 1093 bps in 2024, its largest moves.
• Macy's' Return on Capital Employed stood at 19.48% in 2022, then slumped by 50 bps to 9.75% in 2023, then tumbled by 75 bps to 2.42% in 2024, then surged by 210 bps to 7.52% in 2025, then increased by 13 bps to 8.47% in 2026.
• According to Business Quant data, Return on Capital Employed over the past three periods registered 8.47%, 7.52%, and 6.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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