Macy's, Inc.M

Market cap

$5.6B

P/E ratio

	Jan 29, 2011	Jan 28, 2012	Feb 2, 2013	Feb 1, 2014	Jan 31, 2015	Jan 30, 2016	Jan 28, 2017	Feb 3, 2018	Feb 2, 2019	Feb 1, 2020	Jan 30, 2021	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025
Net income	-	-	-	-	-	1,070	611	1,536	1,098	564	-3,944	1,430	1,177	105	582
Impairment, restructuring and other costs	-	-	-	-	-	-	-	-	136	354	3,579	30	41	1,027	171
Settlement charges	-	-	-	-	-	-	-	-	-	-	-84	-96	-39	-134	-46
Depreciation and amortization	1,150	1,085	1,049	1,020	1,036	1,061	1,058	991	962	981	959	874	857	897	881
Benefit plans	-	-	-	-	-	-	-	-	-	-	47	34	17	4	2
Stock-based compensation expense	66	70	61	62	73	65	61	58	63	38	31	55	54	47	58
Gains on sale of real estate	-	-	-	-	-	-	-	544	389	162	60	91	89	61	144
Deferred income taxes	-	-	-	-	-	-	-	-	-	-6	-327	19	-38	-244	-52
Amortization of Debt Issuance Costs and Discounts	25	-15	-16	-8	-5	-14	-14	-45	-15	4	18	70	11	10	11
Decrease (increase) in receivables	51	37	-7	58	-22	45	1	-120	61	9	-132	21	3	-7	-2
(Increase) decrease in merchandise inventories	143	359	191	249	-40	60	-107	-221	87	-75	-1,406	610	-116	99	51
Decrease (increase) in prepaid expenses and other current assets	10	99	-75	2	3	-	8	14	-21	-89	-51	39	66	-18	-11
Decrease in merchandise accounts payable	-	-	-	-	-	-	-	-	-	-	237	218	-129	-113	-11
Decrease in accounts payable and accrued liabilities	-45	109	-33	48	37	-144	-162	-179	44	-257	-759	245	-174	-347	-49
(Decrease) increase in current income taxes	115	188	-16	7	-65	-69	125	-114	-136	-60	-617	588	-75	24	-69
Change in other assets and liabilities	-	-	-	-	-	-	-	127	156	132	188	186	123	104	110
Net cash provided by operating activities	1,506	2,093	2,261	2,549	2,709	1,984	1,801	1,944	1,735	1,608	649	2,712	1,615	1,305	1,278
Purchase of property and equipment	339	555	698	607	770	777	596	487	657	902	338	354	888	631	518
Capitalized software	-	-	-	256	298	336	316	273	275	255	128	243	407	362	364
Proceeds from disposition of assets, net	74	114	66	132	172	204	673	411	474	185	113	164	137	86	283
Other, net	40	-27	-13	57	74	-29	-52	24	-2	30	-28	-63	11	6	-7
Net cash used by investing activities	-465	-617	-863	-788	-970	-1,092	-187	-373	-456	-1,002	-325	-370	-1,169	-913	-592
Debt issued	-	-	-	-	-	-	-	-	-	-	2,780	1,085	2,809	961	301
Debt issuance costs	-	-	-	-	9	4	3	1	-	3	95	9	21	1	1
Debt repaid	-	-	-	-	-	-	-	-	-	-	2,049	2,699	3,100	963	524
Debt repurchase premium and expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1
Dividends paid	84	148	324	359	421	456	459	461	463	466	117	90	173	181	192
Increase (decrease) in outstanding checks	24	49	-88	24	133	-83	61	-15	16	-62	181	-23	-181	2	3
Acquisition of treasury stock	1	502	1,397	1,571	1,901	2,001	316	1	-	1	1	500	601	38	1
Net cash used by financing activities	-1,263	-113	-2,389	-1,324	-1,766	-2,029	-1,426	-1,413	-1,544	-1,123	699	-2,381	-1,296	-220	-413
Net increase (decrease) in cash, cash equivalents and restricted cash	-	-	-	-	-	-	-	-	-265	-517	1,023	-39	-850	172	273
Interest paid	627	474	585	388	413	383	396	361	328	242	257	442	188	157	155
Interest received	5	4	2	2	2	2	4	12	25	20	5	1	9	38	40
Income taxes paid, net	108	401	738	835	834	635	352	496	345	229	98	-171	455	240	304