Macy's

Macy's ROCE

The Return on Capital Employed (ROCE) of Macy's (M) as of Oct 5, 2026 is 19.47 %. In the previous year, Return on Capital Employed (ROCE) was 19.97 % — a change of -2.53% (lower).

ROCE

19.47 %

YoY

-2.53%

Last updated:

In 2026, Macy's's return on capital employed (ROCE) was 19.47 %, a -2.53% increase from the 19.97 % ROCE in the previous year.

The Macy's ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
27.00 USD
Jan 1, 2020
15.21 USD
Jan 1, 2021
-176.34 USD
Jan 1, 2022
64.90 USD
Jan 1, 2023
42.38 USD
Jan 1, 2024
4.41 USD
Jan 1, 2025
19.97 USD
Jan 1, 2026
19.47 USD
The Macy's ROCE history
YEARROCEYoY
19.47 %-2.53%
19.97 %+352.67%
4.41 %-89.59%
42.38 %-34.70%
64.90 %-136.80%
-176.34 %-1,259.31%
15.21 %-43.67%
27.00 %-17.99%
32.93 %+5.10%
31.33 %-34.66%
47.94 %-7.92%
52.06 %+21.35%
42.90 %—
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Macy's Stock analysis

What does Macy's do? Macy's Inc is one of the oldest and most well-known retail chains in the United States. It was founded in 1858 in New York City as a small dry goods store by R.H. Macy and has continuously evolved over the past 160 years. In 2007, the company was renamed Macy's Inc and its headquarters are still located in New York City. Today, Macy's Inc operates over 800 stores in the US, making it the largest department store operator in the United States. The company's business model is simple: it is a department store that offers a wide variety of products. These include clothing, shoes, bags, jewelry, beauty products, household items, furniture, and much more. Another important aspect of Macy's Inc's business model is its specialization in customer needs. Macy's Inc offers a broad range of products at different price points to appeal to a wide target audience. Through this strategy, the company has built a large fan base in the US and around the globe. Macy's Inc operates various divisions, including Macy's, Bloomingdale's, and Bluemercury. Macy's is the company's main brand, operating department stores in all major cities in the US. Under a well-known and popular brand, Macy's Inc offers a wide range of clothing styles and accessories for every occasion and age group. Bloomingdale's is a more upscale brand of Macy's Inc, offering designer clothing, shoes, accessories, as well as luxury beauty and grooming brands. Bluemercury is a company specializing in beauty products, offering a wide range of products from skincare to makeup and fragrances. Macy's Inc is known for many products, including its own fashion collections, as well as collaborations with renowned designers. An example of this is the collaboration with designer Tom Ford, who has designed an exclusive luxury collection for the company. Macy's Inc also has a wide range of jewelry and watches. The jewelry collections include everything from classic diamond rings to modern statement jewelry. The Macy's watch range covers both trendy smartwatches and classic analog designs. In the household category, Macy's Inc also offers a wide range of products. These include items such as bedding, towels, tablecloths, and kitchen utensils. Macy's Inc also offers a wide selection of furniture - from bedroom furniture to living room furnishings. In addition to selling products, Macy's Inc also offers various services. These include beauty salons and spas, as well as personalized consulting services for clothing and accessories. Customers can even order gift wrapping and personalized gifts. Overall, Macy's Inc is one of the most well-known retail chains in the US and has earned a solid place in the retail sector. The wide range of products and focus on customer satisfaction have made the company a favorite for millions. However, in recent years, Macy's Inc has faced increasing competition from online retailers and other brick-and-mortar department stores such as JCPenney, which are taking away its customers. Nevertheless, Macy's Inc has proven that it can adapt and keep up with trends, and is likely to remain an important player in the retail industry. Macy's is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Macy's's Return on Capital Employed (ROCE)

Macy's's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Macy's's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Macy's's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Macy's’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Macy's stock

Return on Capital Employed (ROCE) of Macy's is 19.47 % in 2026.

Return on Capital Employed (ROCE) of Macy's changed from 19.97 % to 19.47 %, representing a -2.53% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Macy's since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Macy's with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Macy's

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