Macy's (M) stock price, revenue, and financials

Macy's market cap is $6.6 b, and annual revenue was $17.35 b in FY 2020

$6.6 B

M Mkt cap, 15-Sept-2021

$4.7 B

Macy's Revenue Q1, 2021
Macy's Gross profit (Q1, 2021)1.8 B
Macy's Gross profit margin (Q1, 2021), %38.6%
Macy's Net income (Q1, 2021)103 M
Macy's EBIT (Q1, 2021)215 M
Macy's Cash, 01-May-20211.8 B
Macy's EV12.9 B
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Macy's Revenue

Macy's revenue was $17.35 b in FY, 2020 which is a 29.4% year over year decrease from the previous period.

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Macy's Revenue Breakdown

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Macy's revenue breakdown by business segment: 21.6% from Home/Miscellaneous , 16.8% from Women’s Apparel, 41.5% from Women’s Accessories, Intimate Apparel, Shoes, Cosmetics and Fragrances and 20.1% from Men’s and Children’s

Macy's Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

25.0b24.6b17.3b

Revenue growth, %

1%(2%)(29%)

Cost of goods sold

15.2b15.2b12.3b

Gross profit

9.8b9.4b5.1b

Gross profit Margin, %

39%38%29%

General and administrative expense

9.0b9.0b6.8b

Operating expense total

9.2b9.4b10.3b

EBIT

1.7b970.0m(4.5b)

EBIT margin, %

7%4%(26%)

Interest expense

261.0m205.0m284.0m

Interest income

25.0m20.0m4.0m

Pre tax profit

1.4b728.0m(4.8b)

Income tax expense

322.0m164.0m(846.0m)

Net Income

1.1b564.0m(3.9b)

EPS

3.61.8(12.7)

Macy's Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

1.2b685.0m1.7b

Accounts Receivable

400.0m409.0m276.0m

Prepaid Expenses

620.0m528.0m455.0m

Inventories

5.3b5.2b3.8b

Current Assets

7.4b6.8b6.2b

PP&E

6.6b6.6b5.9b

Goodwill

3.9b3.9b828.0m

Total Assets

19.2b21.2b17.7b

Accounts Payable

1.7b1.7b2.0b

Short-term debt

43.0m539.0m452.0m

Current Liabilities

5.2b5.8b5.4b

Long-term debt

4.7b6.5b7.6b

Total Debt

4.8b7.1b8.0b

Common Stock

3.0m3.0m3.0m

Additional Paid-in Capital

652.0m621.0m571.0m

Retained Earnings

8.1b8.0b3.9b

Total Equity

6.4b6.4b2.6b

Debt to Equity Ratio

0.7 x1.1 x3.2 x

Debt to Assets Ratio

0.2 x0.3 x0.5 x

Financial Leverage

3 x3.3 x6.9 x

Macy's Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

1.1b564.0m(3.9b)

Depreciation and Amortization

962.0m981.0m959.0m

Accounts Receivable

(61.0m)(9.0m)132.0m

Inventories

(87.0m)75.0m1.4b

Accounts Payable

55.0m40.0m237.0m

Cash From Operating Activities

1.7b1.6b649.0m

Purchases of PP&E

(657.0m)(902.0m)(338.0m)

Cash From Investing Activities

(456.0m)(1.0b)(325.0m)

Long-term Borrowings

(1.1b)(659.0m)(1.9b)

Dividends Paid

(463.0m)(466.0m)(117.0m)

Cash From Financing Activities

(1.5b)(1.1b)699.0m

Net Change in Cash

(265.0m)(517.0m)1.0b

Interest Paid

328.0m242.0m257.0m

Income Taxes Paid

345.0m229.0m98.0m

Macy's Ratios

USDFY, 2019

EV/EBIT

6.6 x

EV/CFO

6.6 x

Revenue/Employee

192.1k

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

3 x

P/E Ratio

7.2

Macy's Operating Metrics

Macy's's Stores was reported to be 725 in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Stores

867870870806775777774764727725

Stores (Macy's)

649580551552546544512512

Stores (Bloomingdale's)

5555535454545353

Stores (Bluemercury)

163171171171171166162160

Full Line Stores

614545

Full Line Stores (Bloomingdale’s)

3535

Full Line Stores (Macy’s)

579510

Boxes

871839841834827789787

Boxes (Macy's)

643613614607605572572

Boxes (Bloomingdale's)

57555656565555

Boxes (Bluemercury)

171171171171166162160

Stores Opened

27126

Stores Closed

123747542

Boxes Opened

126

Boxes Closed

4056

Stores Owned

360342328

Stores Leased

386384353

Stores (Subject to a Ground Lease)

117108105

Stores (Partly Owned and Leased)

453

Retail Space, sq. ft.

126 m123.57 m120 m113 m113.34 m

Stores (Macy's, North Central)

144

Stores (Macy's, Northeast)

258

Stores (Macy's, Northwest)

136

Stores (Macy's, South)

195

Stores (Macy's, Southwest)

134

Macy's Human Capital

Gender

Y, 2020Y, 2019Y, 2018
Male, percent5.4%5.2%
Female, percent14.6%14.8%15%
Male (Managers), percent6.8%6.6%6.6%
Female (Managers), percent13.2%13.4%13.4%
Male (Directors), percent6.6%6.8%7%
Female (Directors), percent13.4%13.2%13%
Male (Directors and Above), percent7.4%7.2%7.6%
Female (Directors and Above), percent12.6%12.8%12.4%
Male (Senior Director and Above), percent8.4%8.2%8.6%
Female (Senior Director and Above), percent11.6%11.8%11.4%
Other5%

Job Roles

Y, 2020
Directors, percent27.8%
Management, percent47.4%
Senior Director and Above, percent24.7%

Ethnicity

Y, 2020Y, 2019Y, 2018
White, percent38%40%13.3%
Hispanic / Latino, percent24%22%7.3%
Black / African American, percent21%21%7.3%
Asian, percent10%11%
Other7%6%5.3%
Non-Ethnically Diverse Employees, percent13.3%
Ethnically Diverse Employees, percent20%
Non-Ethnically Diverse Management, percent26%
Ethnically Diverse Management, percent7.3%