Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Macy's.
Income Statement
| Breakdown | February 01, 2025 | February 03, 2024 | January 28, 2023 | January 29, 2022 | January 30, 2021 | February 01, 2020 | February 02, 2019 | February 03, 2018 | January 28, 2017 | January 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.01B | $23.87B | $25.30B | $25.29B | $18.10B | $25.33B | $25.74B | $24.84B | $25.78B | $27.08B |
| Cost of Revenue | $13.74B | $14.14B | $15.31B | $14.96B | $12.29B | $15.17B | $15.21B | $15.15B | $15.62B | $16.50B |
| Gross Profit | $9.27B | $9.72B | $10.00B | $10.34B | $5.81B | $10.16B | $10.52B | $9.69B | $10.16B | $10.58B |
| Gross Profit Ratio | 40.28% | 40.74% | 39.51% | 40.90% | 32.11% | 40.11% | 40.89% | 38.99% | 39.40% | 39.08% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $8.51B | $8.36B | $8.14B | $6.85B | $9.06B | $9.13B | $8.24B | $8.36B | $8.26B |
| Selling and Marketing Expenses | $- | $-145.00M | $-39.00M | $-96.00M | $-84.00M | $-58.00M | $-88.00M | $1.11B | $1.15B | $1.17B |
| Selling General and Administrative Expenses | $8.31B | $8.51B | $8.32B | $8.05B | $6.77B | $9.00B | $9.04B | $8.13B | $8.27B | $8.26B |
| Other Expenses | $43.00M | $832.00M | $-19.00M | $-30.00M | $-30.00M | $-27.00M | $-49.00M | $-105.00M | $-98.00M | $- |
| Operating Expenses | $8.36B | $9.34B | $8.32B | $8.05B | $6.77B | $9.00B | $9.04B | $8.13B | $8.27B | $8.26B |
| Cost and Expenses | $22.10B | $23.48B | $23.62B | $23.00B | $19.05B | $24.17B | $24.25B | $23.28B | $23.89B | $24.75B |
| Interest Income | $- | $- | $15.00M | $4.00M | $8.00M | $25.00M | $32.00M | $20.00M | $26.00M | $23.00M |
| Interest Expense | $- | $135.00M | $162.00M | $255.00M | $280.00M | $185.00M | $236.00M | $310.00M | $363.00M | $361.00M |
| Depreciation and Amortization | $881.00M | $897.00M | $857.00M | $874.00M | $959.00M | $981.00M | $962.00M | $991.00M | $1.06B | $1.06B |
| EBITDA | $1.83B | $1.16B | $2.54B | $3.00B | $-3.54B | $1.91B | $2.64B | $2.83B | $2.38B | $3.16B |
| EBITDA Ratio | 7.97% | 4.84% | 9.96% | 12.39% | -0.18% | 8.35% | 9.32% | 9.82% | 11.06% | 12.51% |
| Operating Income | $909.00M | $382.00M | $1.73B | $2.35B | $-956.00M | $970.00M | $1.74B | $1.81B | $1.31B | $2.04B |
| Operating Income Ratio | 3.95% | 1.60% | 6.84% | 9.29% | -5.28% | 3.83% | 6.75% | 7.28% | 5.10% | 7.53% |
| Total Other Income Expenses Net | $-146.00M | $-258.00M | $-212.00M | $-484.00M | $-315.00M | $-242.00M | $-318.00M | $-348.00M | $-406.00M | $-361.00M |
| Income Before Tax | $763.00M | $124.00M | $1.52B | $1.87B | $-4.79B | $728.00M | $1.42B | $1.51B | $952.00M | $1.68B |
| Income Before Tax Ratio | 3.32% | 0.52% | 6.00% | 7.38% | -26.47% | 2.87% | 5.52% | 6.07% | 3.69% | 6.20% |
| Income Tax Expense | $181.00M | $19.00M | $341.00M | $436.00M | $-846.00M | $164.00M | $322.00M | $-29.00M | $341.00M | $608.00M |
| Net Income | $582.00M | $105.00M | $1.18B | $1.43B | $-3.94B | $564.00M | $1.11B | $1.55B | $619.00M | $1.07B |
| Net Income Ratio | 2.53% | 0.44% | 4.65% | 5.65% | -21.79% | 2.23% | 4.30% | 6.23% | 2.40% | 3.96% |
| EPS | $2.07 | $0.38 | $4.28 | $4.66 | $-12.68 | $1.82 | $3.60 | $5.13 | $2.03 | $3.26 |
| EPS Diluted | $2.07 | $0.38 | $4.19 | $4.55 | $-12.68 | $1.81 | $3.56 | $5.10 | $2.02 | $3.22 |
| Weighted Average Shares Outstanding | 281.16M | 274.20M | 274.70M | 306.80M | 311.10M | 309.70M | 307.70M | 305.40M | 308.50M | 328.40M |
| Weighted Average Shares Outstanding Diluted | 281.60M | 278.20M | 281.10M | 314.00M | 311.10M | 311.40M | 311.40M | 306.80M | 310.80M | 333.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | February 01, 2025 | February 03, 2024 | January 28, 2023 | January 29, 2022 | January 30, 2021 | February 01, 2020 | February 02, 2019 | February 03, 2018 | January 28, 2017 | January 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.31B | $1.03B | $862.00M | $1.71B | $1.68B | $685.00M | $1.16B | $1.46B | $1.30B | $1.11B |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.31B | $1.03B | $862.00M | $1.71B | $1.68B | $685.00M | $1.16B | $1.46B | $1.30B | $1.11B |
| Net Receivables | $303.00M | $293.00M | $300.00M | $297.00M | $276.00M | $409.00M | $400.00M | $363.00M | $522.00M | $558.00M |
| Inventory | $4.47B | $4.36B | $4.27B | $4.38B | $3.77B | $5.19B | $5.26B | $5.18B | $5.40B | $5.51B |
| Other Current Assets | $402.00M | $401.00M | $424.00M | $366.00M | $455.00M | $528.00M | $620.00M | $650.00M | $408.00M | $479.00M |
| Total Current Assets | $6.48B | $6.09B | $5.85B | $6.76B | $6.18B | $6.81B | $7.45B | $7.44B | $7.63B | $7.65B |
| Property Plant Equipment Net | $7.31B | $7.61B | $8.60B | $8.47B | $8.82B | $9.30B | $6.64B | $6.67B | $7.02B | $7.62B |
| Goodwill | $828.00M | $828.00M | $828.00M | $828.00M | $828.00M | $3.91B | $3.91B | $3.90B | $3.90B | $3.90B |
| Intangible Assets | $425.00M | $430.00M | $432.00M | $435.00M | $437.00M | $439.00M | $478.00M | $488.00M | $498.00M | $514.00M |
| Goodwill and Intangible Assets | $1.25B | $1.26B | $1.26B | $1.26B | $1.26B | $4.35B | $4.39B | $4.38B | $4.39B | $4.41B |
| Long Term Investments | $- | $- | $- | $-983.00M | $-908.00M | $-1.17B | $-1.24B | $-1.12B | $-1.44B | $-1.48B |
| Tax Assets | $- | $- | $947.00M | $983.00M | $908.00M | $1.17B | $1.24B | $1.12B | $1.44B | $1.48B |
| Other Non-Current Assets | $1.36B | $1.29B | $210.00M | $1.10B | $1.44B | $714.00M | $726.00M | $880.00M | $813.00M | $897.00M |
| Total Non-Current Assets | $9.92B | $10.16B | $11.01B | $10.83B | $11.52B | $14.36B | $11.75B | $11.94B | $12.22B | $12.92B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $16.40B | $16.25B | $16.87B | $17.59B | $17.71B | $21.17B | $19.19B | $19.38B | $19.85B | $20.58B |
| Account Payables | $4.52B | $2.52B | $2.87B | $3.28B | $2.86B | $2.66B | $2.64B | $2.33B | $2.18B | $2.34B |
| Short Term Debt | $6.00M | $376.00M | $335.00M | $438.00M | $652.00M | $938.00M | $230.00M | $44.00M | $492.00M | $648.00M |
| Tax Payables | $- | $83.00M | $58.00M | $108.00M | $265.00M | $81.00M | $168.00M | $296.00M | $352.00M | $227.00M |
| Deferred Revenue | $- | $384.00M | $399.00M | $481.00M | $616.00M | $839.00M | $880.00M | $1.03B | $1.31B | $920.00M |
| Other Current Liabilities | $- | $1.08B | $1.09B | $1.11B | $968.00M | $1.23B | $1.32B | $1.54B | $1.32B | $1.49B |
| Total Current Liabilities | $4.52B | $4.43B | $4.86B | $5.42B | $5.36B | $5.75B | $5.23B | $5.08B | $5.65B | $5.73B |
| Long Term Debt | $5.70B | $5.98B | $5.96B | $6.39B | $7.59B | $6.54B | $4.71B | $5.86B | $6.56B | $7.00B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $745.00M | $947.00M | $983.00M | $908.00M | $1.17B | $1.24B | $1.12B | $1.44B | $1.48B |
| Other Non-Current Liabilities | $1.63B | $950.00M | $1.96B | $1.18B | $1.30B | $1.34B | $1.58B | $2.78B | $1.88B | $2.12B |
| Total Non-Current Liabilities | $7.33B | $7.68B | $7.92B | $8.55B | $9.80B | $9.04B | $7.53B | $8.64B | $9.88B | $10.60B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $11.85B | $12.11B | $12.78B | $13.97B | $15.15B | $14.79B | $12.76B | $13.72B | $15.53B | $16.32B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $4.55B | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M |
| Retained Earnings | $- | $6.19B | $6.27B | $5.27B | $3.93B | $7.99B | $8.05B | $7.17B | $6.09B | $6.33B |
| Accumulated Other Comprehensive Income Loss | $- | $-496.00M | $-618.00M | $-622.00M | $-788.00M | $-995.00M | $-951.00M | $-724.00M | $-896.00M | $-1.04B |
| Other Total Stockholders Equity | $- | $-1.56B | $-1.57B | $-1.03B | $-590.00M | $-620.00M | $-666.00M | $-780.00M | $-872.00M | $-1.04B |
| Total Stockholders Equity | $4.55B | $4.14B | $4.08B | $3.62B | $2.55B | $6.38B | $6.44B | $5.67B | $4.32B | $4.25B |
| Total Equity | $4.55B | $4.14B | $4.08B | $3.62B | $2.55B | $6.38B | $6.44B | $5.66B | $4.32B | $4.25B |
| Total Liabilities and Stockholders Equity | $16.40B | $16.25B | $16.87B | $17.59B | $17.71B | $21.17B | $19.19B | $19.38B | $19.85B | $20.58B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $-12.00M | $-1.00M | $3.00M |
| Total Liabilities and Total Equity | $16.40B | $16.25B | $16.87B | $17.59B | $17.71B | $21.17B | $19.19B | $19.38B | $19.85B | $20.58B |
| Total Investments | $- | $-315.00M | $- | $-983.00M | $-908.00M | $-1.17B | $-1.24B | $-1.12B | $-1.44B | $-1.48B |
| Total Debt | $5.71B | $6.34B | $6.40B | $6.83B | $8.04B | $7.08B | $4.75B | $5.88B | $6.87B | $7.64B |
| Net Debt | $4.40B | $5.31B | $5.54B | $5.11B | $6.37B | $6.39B | $3.59B | $4.43B | $5.57B | $6.53B |
Cash Flow Statement
| Breakdown | February 01, 2025 | February 03, 2024 | January 28, 2023 | January 29, 2022 | January 30, 2021 | February 01, 2020 | February 02, 2019 | February 03, 2018 | January 28, 2017 | January 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $582.00M | $105.00M | $1.18B | $1.43B | $-3.94B | $564.00M | $1.10B | $1.54B | $611.00M | $1.07B |
| Depreciation and Amortization | $892.00M | $897.00M | $857.00M | $874.00M | $959.00M | $981.00M | $962.00M | $991.00M | $1.06B | $1.06B |
| Deferred Income Tax | $- | $-244.00M | $-38.00M | $19.00M | $-327.00M | $-6.00M | $-389.00M | $-544.00M | $270.00M | $288.00M |
| Stock Based Compensation | $87.00M | $47.00M | $54.00M | $55.00M | $31.00M | $38.00M | $63.00M | $58.00M | $61.00M | $65.00M |
| Change in Working Capital | $-148.00M | $-614.00M | $-454.00M | $195.00M | $262.00M | $-254.00M | $-208.00M | $-343.00M | $-283.00M | $-486.00M |
| Accounts Receivables | $- | $7.00M | $-3.00M | $-21.00M | $183.00M | $80.00M | $-40.00M | $106.00M | $-82.00M | $-133.00M |
| Inventory | $- | $-99.00M | $116.00M | $-610.00M | $1.41B | $75.00M | $-87.00M | $221.00M | $107.00M | $-60.00M |
| Accounts Payables | $- | $-460.00M | $-303.00M | $463.00M | $-522.00M | $-217.00M | $99.00M | $-17.00M | $-294.00M | $-222.00M |
| Other Working Capital | $-148.00M | $-62.00M | $-264.00M | $363.00M | $-805.00M | $-192.00M | $-180.00M | $-653.00M | $-14.00M | $-71.00M |
| Other Non Cash Items | $-135.00M | $1.11B | $19.00M | $139.00M | $3.67B | $285.00M | $209.00M | $246.00M | $84.00M | $-14.00M |
| Net Cash Provided by Operating Activities | $1.28B | $1.30B | $1.61B | $2.71B | $649.00M | $1.61B | $1.74B | $1.94B | $1.80B | $1.98B |
| Investments in Property Plant and Equipment | $-518.00M | $-631.00M | $-1.29B | $-597.00M | $-466.00M | $-1.16B | $-932.00M | $-760.00M | $-912.00M | $-1.11B |
| Acquisitions Net | $- | $- | $137.00M | $164.00M | $113.00M | $185.00M | $481.00M | $424.00M | $677.00M | $-212.00M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-74.00M | $-282.00M | $-11.00M | $63.00M | $28.00M | $-30.00M | $476.00M | $387.00M | $725.00M | $233.00M |
| Net Cash Used for Investing Activities | $-592.00M | $-913.00M | $-1.17B | $-370.00M | $-325.00M | $-1.00B | $-456.00M | $-373.00M | $-187.00M | $-1.09B |
| Debt Repayment | $-223.00M | $-2.00M | $-522.00M | $-1.80B | $738.00M | $-569.00M | $-1.15B | $-988.00M | $-754.00M | $260.00M |
| Common Stock Issued | $- | $- | $- | $7.00M | $- | $6.00M | $45.00M | $6.00M | $36.00M | $163.00M |
| Common Stock Repurchased | $-1.00M | $-38.00M | $-601.00M | $-500.00M | $-1.00M | $-1.00M | $- | $-1.00M | $-316.00M | $-2.00B |
| Dividends Paid | $-192.00M | $-181.00M | $-173.00M | $-90.00M | $-117.00M | $-466.00M | $-463.00M | $-461.00M | $-459.00M | $-456.00M |
| Other Financing Activities | $3.00M | $1.00M | $- | $- | $79.00M | $-93.00M | $23.00M | $-15.00M | $67.00M | $5.00M |
| Net Cash Used Provided by Financing Activities | $-413.00M | $-220.00M | $-1.30B | $-2.38B | $699.00M | $-1.12B | $-1.54B | $-1.41B | $-1.43B | $-2.03B |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $273.00M | $172.00M | $-850.00M | $-39.00M | $1.02B | $-517.00M | $-265.00M | $158.00M | $188.00M | $-1.14B |
| Cash at End of Period | $1.31B | $1.03B | $865.00M | $1.72B | $1.75B | $731.00M | $1.25B | $1.46B | $1.30B | $1.11B |
| Cash at Beginning of Period | $1.04B | $862.00M | $1.72B | $1.75B | $731.00M | $1.25B | $1.51B | $1.30B | $1.11B | $2.25B |
| Operating Cash Flow | $1.28B | $1.30B | $1.61B | $2.71B | $649.00M | $1.61B | $1.74B | $1.94B | $1.80B | $1.98B |
| Capital Expenditure | $-518.00M | $-993.00M | $-1.29B | $-597.00M | $-466.00M | $-1.16B | $-932.00M | $-760.00M | $-912.00M | $-1.11B |
| Free Cash Flow | $760.00M | $312.00M | $320.00M | $2.12B | $183.00M | $451.00M | $803.00M | $1.18B | $889.00M | $871.00M |