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

Macy's (M) posted Return on Invested Capital of 0.04% for Q1 2026, up 61.06% sequentially from 0.02% in Q4 2025, and down 3.0% YoY from 0.04% in Q1 2025.

Macy's (M) Return on Invested Capital (2009 - 2026) Analysis & Trends

Macy's has reported Return on Invested Capital for 18 years, with the latest figure at 0.04% in Q1 2026.

  • Quarterly Return on Invested Capital fell 3.0% year-over-year to 0.04% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 0.04% (down 3.0% YoY) and the FY2021 annual result came in at 0.07%, down 10.0% from the prior year.
  • Return on Invested Capital climbed to 0.04% in Q1 2026 per M's latest filing, from 0.02% in the prior quarter.
  • Over five years, Return on Invested Capital peaked at 0.1% in Q4 2022 and troughed at 0.01% in Q2 2024.
  • A 5-year average of 0.04% and a median of 0.03% in 2025 frame the typical range for Return on Invested Capital.
  • The sharpest annual moves came in 2022 and 2023: Return on Invested Capital climbed 9 bps in 2022, then decreased 5 bps in 2023.
  • Over 5 years, Return on Invested Capital stood at 0.1% in 2022, then tumbled by 48 bps to 0.05% in 2023, then plunged by 70 bps to 0.02% in 2024, then surged by 59 bps to 0.02% in 2025, then jumped by 61 bps to 0.04% in 2026.
  • According to Business Quant data, Return on Invested Capital over the past three periods registered 0.04%, 0.02%, and 0.03% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Dillard'S 8.76 Bn 7.34 Bn 718.25 Mn 0.06%
2 Macy's 6.16 Bn 4.86 Bn 2.03 Bn 0.04%
3 Polibeli 3.96 Bn 3.96 Bn - -
4 Kohls 2.18 Bn 1.75 Bn 1.37 Bn 0.01%

Historic Data

Download Data
DateValue
May 2, 2026 0.04%
Jan 31, 2026 0.04%
Nov 1, 2025 0.02%
Aug 2, 2025 0.03%
May 3, 2025 0.06%
Feb 1, 2025 0.07%
Nov 2, 2024 0.02%
Aug 3, 2024 0.01%
May 4, 2024 0.01%
Feb 3, 2024 0.02%
Oct 28, 2023 0.05%
Jul 29, 2023 0.05%
Apr 29, 2023 0.06%
Jan 28, 2023 0.07%
Oct 29, 2022 0.10%
Jul 30, 2022 0.02%
Apr 30, 2022 0.01%
Jan 29, 2022 0.01%
Oct 30, 2021 0.00%
Jul 31, 2021 0.00%