M - Macy's, Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$21.50
DETAILS
HIGH:
$27.00
LOW:
$16.00
MEDIAN:
$21.50
CONSENSUS:
$21.50
DOWNSIDE:
1.10%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 23,006.0 | 23,866.0 | 25,449.0 | 25,399.0 | 18,097.0 | 25,331.0 | 25,739.0 | 25,641.0 | 26,564.0 | 27,079.0 |
| Cost of Revenue | 13,740.0 | 14,224.0 | 15,347.0 | 14,956.0 | 12,286.0 | 15,171.0 | 15,215.0 | 15,181.0 | 15,666.0 | 16,496.0 |
| Gross Profit | 9,266.0 | 9,642.0 | 10,102.0 | 10,443.0 | 5,811.0 | 10,160.0 | 10,524.0 | 10,460.0 | 10,898.0 | 10,583.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| SG&A Expenses | 8,330.0 | 8,375.0 | 8,461.0 | 8,154.0 | 6,851.0 | 9,056.0 | 9,127.0 | 9,059.0 | 9,355.0 | 8,468.0 |
| Other Expenses | 27.0 | 966.0 | (48.0) | (61.0) | 3,435.0 | 134.0 | (341.0) | (463.0) | 172.0 | 76.0 |
| Operating Expenses | 8,357.0 | 9,341.0 | 8,413.0 | 8,093.0 | 10,286.0 | 9,190.0 | 8,786.0 | 8,596.0 | 9,527.0 | 8,544.0 |
| Operating Income | ||||||||||
| Operating Income | 909.0 | 301.0 | 1,689.0 | 2,350.0 | (4,475.0) | 970.0 | 1,738.0 | 1,864.0 | 1,371.0 | 2,039.0 |
| Interest Expense | 115.0 | 135.0 | 162.0 | 259.0 | 289.0 | 210.0 | 268.0 | 330.0 | 389.0 | 384.0 |
| Interest Income | 0.0 | 0.0 | 0.0 | 3.0 | 4.0 | 25.0 | 32.0 | 20.0 | 26.0 | 23.0 |
| Profitability | ||||||||||
| EBITDA | 1,759.0 | 1,075.0 | 2,496.0 | 2,999.0 | (3,543.0) | 1,919.0 | 2,650.0 | 2,837.0 | 2,412.0 | 3,123.0 |
| EBIT | 878.0 | 178.0 | 1,639.0 | 2,125.0 | (4,502.0) | 938.0 | 1,688.0 | 1,846.0 | 1,354.0 | 2,062.0 |
| Income Before Tax | 763.0 | 43.0 | 1,477.0 | 1,866.0 | (4,790.0) | 728.0 | 1,420.0 | 1,516.0 | 965.0 | 1,678.0 |
| Income Tax Expense | 181.0 | (2.0) | 331.0 | 436.0 | (846.0) | 164.0 | 322.0 | (39.0) | 346.0 | 608.0 |
| Net Income | 582.0 | 45.0 | 1,146.0 | 1,430.0 | (3,944.0) | 564.0 | 1,108.0 | 1,566.0 | 627.0 | 1,072.0 |
| Per Share Data | ||||||||||
| EPS (Basic) | 2.10 | 0.16 | 4.28 | 4.66 | -12.68 | 1.82 | 3.60 | 5.13 | 2.03 | 3.26 |
| EPS (Diluted) | 2.07 | 0.16 | 4.19 | 4.55 | -12.68 | 1.81 | 3.56 | 5.10 | 2.02 | 3.22 |
| Shares Outstanding | 281.2 | 274.2 | 274.7 | 306.8 | 311.1 | 309.7 | 307.7 | 305.4 | 308.5 | 328.4 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 1,306.0 | 1,034.0 | 862.0 | 1,712.0 | 1,679.0 | 685.0 | 1,162.0 | 1,455.0 | 1,297.0 | 1,109.0 |
| Short-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Receivables | 320.0 | 293.0 | 300.0 | 297.0 | 276.0 | 409.0 | 400.0 | 363.0 | 522.0 | 558.0 |
| Inventory | 4,468.0 | 4,361.0 | 4,267.0 | 4,383.0 | 3,774.0 | 5,188.0 | 5,263.0 | 5,178.0 | 5,399.0 | 5,506.0 |
| Other Current Assets | 385.0 | 401.0 | 187.0 | 159.0 | 139.0 | 218.0 | 252.0 | 321.0 | 57.0 | 50.0 |
| Total Current Assets | 6,479.0 | 6,089.0 | 5,853.0 | 6,758.0 | 6,184.0 | 6,810.0 | 7,445.0 | 7,444.0 | 7,626.0 | 7,652.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 7,313.0 | 7,613.0 | 8,596.0 | 8,473.0 | 8,818.0 | 9,301.0 | 6,637.0 | 6,672.0 | 7,017.0 | 7,616.0 |
| Goodwill | 828.0 | 828.0 | 828.0 | 828.0 | 828.0 | 3,908.0 | 3,908.0 | 3,897.0 | 3,897.0 | 3,897.0 |
| Intangible Assets | 425.0 | 430.0 | 432.0 | 435.0 | 437.0 | 439.0 | 478.0 | 488.0 | 498.0 | 514.0 |
| Long-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Assets | 1,357.0 | 1,286.0 | 1,157.0 | 1,096.0 | 1,439.0 | 714.0 | 726.0 | 880.0 | 813.0 | 897.0 |
| Total Non-Current Assets | 9,923.0 | 10,157.0 | 11,013.0 | 10,832.0 | 11,522.0 | 14,362.0 | 11,749.0 | 11,937.0 | 12,225.0 | 12,924.0 |
| Total Assets | 16,402.0 | 16,246.0 | 16,866.0 | 17,590.0 | 17,706.0 | 21,172.0 | 19,194.0 | 19,381.0 | 19,851.0 | 20,576.0 |
| Current Liabilities | ||||||||||
| Account Payables | 2,746.0 | 2,660.0 | 2,874.0 | 3,280.0 | 2,856.0 | 2,659.0 | 2,638.0 | 2,325.0 | 2,177.0 | 2,340.0 |
| Short-Term Debt | 6.0 | 0.0 | 0.0 | 0.0 | 452.0 | 539.0 | 36.0 | 22.0 | 309.0 | 642.0 |
| Deferred Revenue | 353.0 | 384.0 | 399.0 | 481.0 | 616.0 | 839.0 | 879.0 | 1,032.0 | 1,310.0 | 920.0 |
| Other Current Liabilities | 357.0 | 384.0 | 43.0 | 438.0 | 398.0 | 498.0 | 575.0 | 760.0 | 194.0 | 619.0 |
| Total Current Liabilities | 4,524.0 | 4,532.0 | 4,861.0 | 5,416.0 | 5,357.0 | 5,750.0 | 5,232.0 | 5,075.0 | 5,647.0 | 5,728.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 2,773.0 | 2,998.0 | 2,996.0 | 3,295.0 | 4,407.0 | 3,621.0 | 4,683.0 | 5,835.0 | 6,535.0 | 6,966.0 |
| Deferred Tax Liabilities | 724.0 | 745.0 | 947.0 | 983.0 | 908.0 | 1,169.0 | 1,238.0 | 1,122.0 | 1,443.0 | 1,477.0 |
| Other Non-Current Liabilities | 902.0 | 950.0 | 1,017.0 | 1,177.0 | 1,296.0 | 1,337.0 | 1,580.0 | 2,784.0 | 1,877.0 | 2,123.0 |
| Total Non-Current Liabilities | 7,326.0 | 7,679.0 | 7,923.0 | 8,553.0 | 9,796.0 | 9,045.0 | 7,526.0 | 8,645.0 | 9,882.0 | 10,595.0 |
| Total Liabilities | 11,850.0 | 12,211.0 | 12,784.0 | 13,969.0 | 15,153.0 | 14,795.0 | 12,758.0 | 13,720.0 | 15,529.0 | 16,323.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| Retained Earnings | 6,499.0 | 6,088.0 | 6,268.0 | 5,268.0 | 3,928.0 | 7,989.0 | 8,050.0 | 7,174.0 | 6,088.0 | 6,334.0 |
| Accumulated Other Comprehensive Income | (449.0) | (496.0) | (618.0) | (622.0) | (788.0) | (995.0) | (951.0) | (724.0) | (896.0) | (1,043.0) |
| Total Stockholders' Equity | 4,552.0 | 4,035.0 | 4,082.0 | 3,621.0 | 2,553.0 | 6,377.0 | 6,436.0 | 5,673.0 | 4,323.0 | 4,250.0 |
| Total Liabilities & Equity | 16,402.0 | 16,246.0 | 16,866.0 | 17,590.0 | 17,706.0 | 21,172.0 | 19,194.0 | 19,583.0 | 19,851.0 | 20,576.0 |
| Debt Metrics | ||||||||||
| Total Debt | 5,706.0 | 5,984.0 | 6,397.0 | 6,826.0 | 8,329.0 | 7,477.0 | 4,938.0 | 5,883.0 | 7,054.0 | 7,637.0 |
| Net Debt | 4,400.0 | 4,950.0 | 5,535.0 | 5,114.0 | 6,650.0 | 6,792.0 | 3,776.0 | 4,428.0 | 5,757.0 | 6,528.0 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 582.0 | 105.0 | 1,177.0 | 1,430.0 | (3,944.0) | 564.0 | 1,098.0 | 1,536.0 | 611.0 | 1,070.0 |
| Depreciation & Amortization | 881.0 | 897.0 | 857.0 | 874.0 | 959.0 | 981.0 | 962.0 | 991.0 | 1,058.0 | 1,061.0 |
| Stock-Based Compensation | 87.0 | 47.0 | 54.0 | 55.0 | 31.0 | 38.0 | 63.0 | 58.0 | 61.0 | 65.0 |
| Change in Working Capital | (277.0) | (614.0) | (454.0) | 195.0 | 262.0 | (254.0) | (208.0) | (343.0) | (283.0) | (486.0) |
| Other Non-Cash Items | 5.0 | 1,114.0 | 19.0 | 139.0 | 3,668.0 | 285.0 | 209.0 | 246.0 | 84.0 | (14.0) |
| Operating Cash Flow | 1,278.0 | 1,305.0 | 1,615.0 | 2,712.0 | 649.0 | 1,608.0 | 1,735.0 | 1,944.0 | 1,801.0 | 1,984.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (518.0) | (993.0) | (1,295.0) | (597.0) | (466.0) | (1,157.0) | (932.0) | (760.0) | (912.0) | (1,113.0) |
| Acquisitions | 0.0 | 0.0 | 137.0 | 164.0 | 113.0 | 185.0 | 481.0 | 424.0 | 677.0 | (212.0) |
| Purchases of Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Sales/Maturities of Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Investing Activities | (74.0) | (282.0) | (11.0) | 63.0 | 28.0 | (30.0) | 476.0 | 387.0 | 725.0 | 233.0 |
| Investing Cash Flow | (592.0) | (913.0) | (1,169.0) | (370.0) | (325.0) | (1,002.0) | (456.0) | (373.0) | (187.0) | (1,092.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (223.0) | (2.0) | (522.0) | (1,798.0) | 738.0 | (569.0) | (1,149.0) | (988.0) | (754.0) | 260.0 |
| Stock Repurchased | (1.0) | (38.0) | (601.0) | (500.0) | (1.0) | (1.0) | 0.0 | (1.0) | (316.0) | (2,001.0) |
| Dividends Paid | (192.0) | (181.0) | (173.0) | (90.0) | (117.0) | (466.0) | (463.0) | (461.0) | (459.0) | (456.0) |
| Other Financing Activities | 3.0 | 1.0 | 0.0 | 7.0 | 79.0 | (93.0) | 23.0 | (15.0) | 67.0 | 5.0 |
| Financing Cash Flow | (413.0) | (220.0) | (1,296.0) | (2,381.0) | 699.0 | (1,123.0) | (1,544.0) | (1,413.0) | (1,426.0) | (2,029.0) |
| Cash Position | ||||||||||
| Net Change in Cash | 273.0 | 172.0 | (850.0) | (39.0) | 1,023.0 | (517.0) | (265.0) | 158.0 | 188.0 | (1,137.0) |
| Cash at Beginning | 1,037.0 | 862.0 | 1,715.0 | 1,754.0 | 731.0 | 1,248.0 | 1,513.0 | 1,297.0 | 1,109.0 | 2,246.0 |
| Cash at End | 1,310.0 | 1,034.0 | 865.0 | 1,715.0 | 1,754.0 | 731.0 | 1,248.0 | 1,455.0 | 1,297.0 | 1,109.0 |
| Free Cash Flow | 760.0 | 312.0 | 320.0 | 2,115.0 | 183.0 | 451.0 | 803.0 | 1,184.0 | 889.0 | 871.0 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 23,006.0 | 23,866.0 | 25,449.0 | 25,399.0 | 18,097.0 | 25,331.0 | 25,739.0 | 25,641.0 | 26,564.0 | 27,079.0 |
| Gross Profit | 9,266.0 | 9,642.0 | 10,102.0 | 10,443.0 | 5,811.0 | 10,160.0 | 10,524.0 | 10,460.0 | 10,898.0 | 10,583.0 |
| Operating Income | 909.0 | 301.0 | 1,689.0 | 2,350.0 | (4,475.0) | 970.0 | 1,738.0 | 1,864.0 | 1,371.0 | 2,039.0 |
| Net Income | 582.0 | 45.0 | 1,146.0 | 1,430.0 | (3,944.0) | 564.0 | 1,108.0 | 1,566.0 | 627.0 | 1,072.0 |
| EPS (Diluted) | 2.07 | 0.16 | 4.19 | 4.55 | -12.68 | 1.81 | 3.56 | 5.10 | 2.02 | 3.22 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 1,306.0 | 1,034.0 | 862.0 | 1,712.0 | 1,679.0 | 685.0 | 1,162.0 | 1,455.0 | 1,297.0 | 1,109.0 |
| Total Assets | 16,402.0 | 16,246.0 | 16,866.0 | 17,590.0 | 17,706.0 | 21,172.0 | 19,194.0 | 19,381.0 | 19,851.0 | 20,576.0 |
| Total Debt | 5,706.0 | 5,984.0 | 6,397.0 | 6,826.0 | 8,329.0 | 7,477.0 | 4,938.0 | 5,883.0 | 7,054.0 | 7,637.0 |
| Stockholders' Equity | 4,552.0 | 4,035.0 | 4,082.0 | 3,621.0 | 2,553.0 | 6,377.0 | 6,436.0 | 5,673.0 | 4,323.0 | 4,250.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 1,278.0 | 1,305.0 | 1,615.0 | 2,712.0 | 649.0 | 1,608.0 | 1,735.0 | 1,944.0 | 1,801.0 | 1,984.0 |
| Capital Expenditure | (518.0) | (993.0) | (1,295.0) | (597.0) | (466.0) | (1,157.0) | (932.0) | (760.0) | (912.0) | (1,113.0) |
| Free Cash Flow | 760.0 | 312.0 | 320.0 | 2,115.0 | 183.0 | 451.0 | 803.0 | 1,184.0 | 889.0 | 871.0 |