Macy's, originally R. H. Macy & Co. (stylized as macy's), is a mid-range chain of department stores owned by American multinational corporation Macy's, Inc. It is one of two divisions owned by the company, with the other being the upscale Bloomingdale's. As of January 2014, the Macy's division operates 789 department store locations in the continental United States, Hawaii, Puerto Rico, and Guam, including a prominent Herald Square flagship location in Midtown Manhattan, New York City.

Macy's is known for its niche in popular culture and the diversity of its merchandise. Most locations compete with Belk, Bon-Ton, Dillard's, Kohl's, JCPenney, Boscov's and Sears; upscale locations compete with Nordstrom, Neiman Marcus, Lord & Taylor, Saks Fifth Avenue and Von Maur. Macy's has conducted the annual Macy's Thanksgiving Day Parade in New York City since 1924 and has sponsored the city's annual Fourth of July fireworks display since 1976. Macy's flagship store on Herald Square is wrongly advertised as the largest in the world, even though it is smaller than the largest store of Shinsegae, and draws shoppers from well beyond the New York City Metropolitan Area. The venue is in close proximity to other Manhattan landmarks, including the Empire State Building, Koreatown, Pennsylvania Station, and Madison Square Garden.

Company Growth (employees)
Cincinnati, US
Size (employees)
148,300 (est)
Macy's was founded in 1858 and is headquartered in Cincinnati, US

Key People at Macy's

Terry  Lundgren

Terry Lundgren

Chairman & CEO
Karen  Hoguet

Karen Hoguet

Robert   Harrison

Robert Harrison

Jeffrey  Gennette

Jeffrey Gennette

Richard Lennox

Richard Lennox

Jeffrey  Kantor

Jeffrey Kantor

Peter  Sachse

Peter Sachse

Molly  Langenstein

Molly Langenstein

Cheryl Heinonen

Cheryl Heinonen

Felicia Williams

Felicia Williams

EVP, Controller, Enterprise Risk
Elisa Garcia

Elisa Garcia

William  Allen

William Allen

Chief HR Officer

Macy's Office Locations

Macy's has an office in Cincinnati
Cincinnati, US (HQ)
7 West Seventh Street Cincinnati

Macy's Metrics

Macy's Financial Metrics

Macy's's revenue was reported to be $25.8 b in FY, 2016 which is a 5% decrease from the previous period.

Revenue (FY, 2016)

$25.8 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

$41.4 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

$611 m

EBIT (FY, 2016)

$1.3 b

Market capitalization (23-May-2017)

$7 b

Closing share price (23-May-2017)


Cash (31-Dec-2016)

$1.1 b
Macy's's current market capitalization is $7 b.
FY, 2013FY, 2014FY, 2015FY, 2016


$27.9 b$28.1 b$27.1 b$25.8 b

Revenue growth, %


Cost of goods sold

$16.7 b$16.9 b$16.5 b($15.6 b)

Gross profit

$11.2 b$11.2 b$10.6 b$41.4 b

Gross profit Margin, %


General and administrative expense

($8.3 b)($8.3 b)

Operating expense total

($8.3 b)($8.3 b)


$2.7 b$2.8 b$2 b$1.3 b

EBIT margin, %


Interest expense

$390 m$395 m$363 m($367 m)

Interest income

$2 m$2 m$2 m$4 m

Pre tax profit

$2.3 b$2.4 b$1.7 b$952 m

Net Income

$1.5 b$1.5 b$1.1 b$611 m
Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$1.5 b$2.8 b$2.3 b$2.2 b$1.1 b$1.1 b

Accounts Receivable

$3.1 m$768.8 m


$420 m$493 m$479 m$408 m

Current Assets

$8.7 b$8.7 b$7.7 b$7.6 b


$3.7 b$3.7 b$3.9 b$3.9 b

Total Assets

$21.6 b$21.5 b$20.6 b$19.9 b

Accounts Payable

$3.2 m$730.6 m

Total Debt

$6.7 b$7.3 b$7 b

Current Liabilities

$5.7 b$5.5 b$5.7 b$5.6 b

Common Stock

$4 m$4 m$3 m$3 m

Additional Paid-in Capital

$2.5 b$1 b$621 m$617 m

Total Equity

$6.2 b$5.4 b$4.3 b$4.3 b

Debt to Equity Ratio

1.1 x1.4 x1.6 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x

Financial Leverage

3.5 x4 x4.8 x4.6 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$1.5 b$1.5 b$1.1 b$611 m

Depreciation and Amortization

$1 b$1 b$1.1 b$1.1 b


$21 m($76 m)($63 m)

Accounts Payable

$13 m$6 m$15 m

Cash From Operating Activities

$2.5 b$2.7 b$2 b$1.8 b

Purchases of PP&E

($607 m)($770 m)($777 m)($596 m)

Cash From Investing Activities

($788 m)($970 m)($1.1 b)($187 m)

Dividends Paid

($359 m)($421 m)($456 m)($459 m)

Cash From Financing Activities

($1.3 b)($1.8 b)($2 b)($1.4 b)

Interest Paid

$388 m$413 m$383 m$396 m

Income Taxes Paid

$835 m$834 m$635 m$352 m
Y, 2016


$168.4 k

Financial Leverage

4.6 x

Macy's Operating Metrics

Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016



Macy's Market Value History

Macy's Median Salaries

Source: 118 public H-1B filings from Macy's

Macy's Online Presence

Macy's News

Macy's Company Life

You may also be interested in