Macy's (M) Shares Outstanding (2009 - 2026)
Macy's (M) reported Shares Outstanding of 263.6 million for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 3.0% from 271.8 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Macy's (M) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Macy's posted Shares Outstanding of 270.6 million, down 2.6% from FY2025.
- Shares Outstanding has a five-year compound annual growth rate of -2.8% (FY2021 to FY2026).
- By fiscal year, Shares Outstanding came in at 277.7 million in FY2025 (+1.3%), 274.2 million in FY2024 (-0.2%), 274.7 million in FY2023 (-10.5%) and 306.8 million in FY2022 (-1.4%).
- The fiscal Q2 2027 figure ranks as the lowest quarterly Shares Outstanding in data going back to fiscal Q4 2009.
- Year over year, Shares Outstanding has now declined in each of the last five quarters, with an average decline of 1.6% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was fiscal Q2 2025 (growth of 1.4%); the low point was fiscal Q2 2023 (a decline of 13.2%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 264.4 million (Q1 2027), 270.6 million (Q4 2026) and 267.7 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 10.77 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 994.00 Mn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 1.10 Bn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 559.00 Mn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 317.69 Mn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 454.40 Mn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 825.20 Mn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 717.69 Mn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 16.47 Mn |
| 10 | Macy's | 5.95 Bn | 1.67 Bn | 2.21 Bn | 263.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 263.60 Mn |
| May 2, 2026 | 264.40 Mn |
| Jan 31, 2026 | 270.60 Mn |
| Nov 1, 2025 | 267.70 Mn |
| Aug 2, 2025 | 271.80 Mn |
| May 3, 2025 | 277.60 Mn |
| Feb 1, 2025 | 277.70 Mn |
| Nov 2, 2024 | 278.40 Mn |
| Aug 3, 2024 | 277.70 Mn |
| May 4, 2024 | 276.10 Mn |
| Feb 3, 2024 | 274.20 Mn |
| Oct 28, 2023 | 274.70 Mn |
| Jul 29, 2023 | 273.80 Mn |
| Apr 29, 2023 | 273.10 Mn |
| Jan 28, 2023 | 274.70 Mn |
| Oct 29, 2022 | 272.00 Mn |
| Jul 30, 2022 | 271.10 Mn |
| Apr 30, 2022 | 283.60 Mn |
| Jan 29, 2022 | 306.80 Mn |
| Oct 30, 2021 | 306.90 Mn |
API Access
Macy's Shares Outstanding 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=shares-outstanding&ticker=M&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();