Macy's (M) Return on Equity [ROE] (2009 - 2026)
Macy's' Return on Equity [ROE] was 15.36% in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 4.24 percentage points from 11.12% a year earlier and up 1.58 percentage points from the prior quarter.
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Analysis
Macy's (M) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Return on Equity [ROE] at Macy's came in at 13.64%, up 0.09 percentage points from FY2025.
- Return on Equity [ROE] shows a five-year change of +101.97 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Equity [ROE] was 13.56% in FY2025 (+12.44 pp), 1.11% in FY2024 (-28.80 pp), 29.92% in FY2023 (-16.41 pp) and 46.32% in FY2022 (+134.65 pp).
- The fiscal Q2 2027 figure marks the highest quarterly Return on Equity [ROE] since fiscal Q3 2024.
- Compared with a year earlier, Return on Equity [ROE] has increased for seven straight quarters, with an average year-over-year change of +4.41 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was fiscal Q4 2022 (a gain of 207.57 percentage points); the worst was fiscal Q4 2024 (a drop of 29.39 percentage points).
- Per Business Quant data, M's Return on Equity [ROE] in the three fiscal quarters before Q2 2027 was 13.78% (Q1 2027), 14.00% (Q4 2026) and 10.89% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,723.96 Bn | 2,240.66 Bn | 104.83 Bn | 26.64% |
| 2 | Home Depot | 316.72 Bn | 309.96 Bn | 16.12 Bn | 93.32% |
| 3 | Tjx Companies | 161.63 Bn | 139.17 Bn | 5.07 Bn | 57.63% |
| 4 | Lowes Companies | 111.46 Bn | 104.42 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 75.16 Bn | 58.08 Bn | 2.12 Bn | 40.76% |
| 6 | O Reilly Automotive | 74.03 Bn | 73.12 Bn | 2.52 Bn | - |
| 7 | Target | 69.55 Bn | 64.13 Bn | 8.94 Bn | 25.85% |
| 8 | Autozone | 52.42 Bn | 51.32 Bn | 2.52 Bn | - |
| 9 | Carvana | 42.95 Bn | 33.44 Bn | 1.38 Bn | 43.64% |
| 10 | Macy's | 6.23 Bn | 1.95 Bn | 2.21 Bn | 15.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 15.36% |
| May 2, 2026 | 13.78% |
| Jan 31, 2026 | 14.00% |
| Nov 1, 2025 | 10.89% |
| Aug 2, 2025 | 11.12% |
| May 3, 2025 | 12.40% |
| Feb 1, 2025 | 13.38% |
| Nov 2, 2024 | 2.68% |
| Aug 3, 2024 | 3.02% |
| May 4, 2024 | -1.16% |
| Feb 3, 2024 | 1.13% |
| Oct 28, 2023 | 15.78% |
| Jul 29, 2023 | 17.34% |
| Apr 29, 2023 | 24.89% |
| Jan 28, 2023 | 30.53% |
| Oct 29, 2022 | 40.31% |
| Jul 30, 2022 | 45.32% |
| Apr 30, 2022 | 46.76% |
| Jan 29, 2022 | 43.14% |
| Oct 30, 2021 | 27.53% |
API Access
Macy's Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();