Macy's, Inc.
M · Retail-Department Stores · 263.0M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$9M (gross $38M, SBC $47M)
Reference price $25.63 · est. market cap ~$6.7B — last insider sale, 2026-06-25 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C66Profitable but secularly challenged department-store operator executing a turnaround amid declining sales.
Strengths
- ROE 13.2% (69th pct) and ROA 3.95% (75th pct) with $1.06B FCF (91st pct) and interest coverage 7.4x
- Bloomingdale's (+7.4% comps) and Bluemercury provide differentiated luxury growth
Risks
- Net sales fell 2.4% with ongoing Macy's store closures; thin net margin (2.95%) and weak quick ratio (0.50, 17th pct)
- Structural secular decline in department stores and execution risk on Bold New Chapter
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~38% of revenue from one customer/distributor — 4 % $ 8,868 38
- Strong balance sheetStrong balance sheet — $1.2B cash & investments
- Buying back stockNet buyback — share count -3%/yr over 4y
- Insider sellingInsider selling — 22 open-market sale(s) by 6 insider(s) (cluster of 6 insiders, ~$4M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
40.3%
Operating margin
4.6%
Net margin
2.8%
Return on equity
13.2%
Return on assets
4.0%
ROIC
16.7%
Revenue growth (QoQ)
-0.4%
Net-income growth
10.3%
Debt / equity
0.0×
Net debt / EBITDA
-0.6×
Interest coverage
7.4×
Current ratio
1.5×
Free cash flow
$1.1B
EBITDA
$1.9B
Tangible book value
$3.6B
Cash & investments
$1.2B
Stock comp / revenue
0.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-25 | Griscom Paul | Sell | 10K | $25.63 |
| 2026-06-24 | Edwards Thomas Jr. | Sell | 16K | $24.89 |
| 2026-06-23 | Edwards Thomas Jr. | Option exercise | 36K | — |
| 2026-04-06 | Kirgan Danielle L. | Sell | 10K | $17.92 |
| 2026-04-06 | Bron Olivier | Sell | 7.2K | $17.92 |
| 2026-04-06 | Preston Tracy M | Sell | 5.3K | $17.92 |
| 2026-04-06 | Griscom Paul | Sell | 745 | $17.92 |
| 2026-04-06 | Spring Antony | Sell | 50K | $17.92 |
| 2026-04-03 | Preston Tracy M | Option exercise | 13K | — |
| 2026-04-03 | Spring Antony | Option exercise | 99K | — |
| 2026-04-03 | Bron Olivier | Option exercise | 13K | — |
| 2026-04-03 | Kirgan Danielle L. | Option exercise | 20K | — |
| 2026-04-03 | Griscom Paul | Option exercise | 2.6K | — |
| 2026-04-01 | Spring Antony | Sell | 15K | $18.08 |
| 2026-04-01 | Griscom Paul | Sell | 490 | $18.08 |
| 2026-04-01 | Kirgan Danielle L. | Sell | 6.6K | $18.08 |
| 2026-03-31 | Griscom Paul | Option exercise | 1.7K | — |
| 2026-03-31 | Kirgan Danielle L. | Option exercise | 13K | — |
| 2026-03-31 | Spring Antony | Option exercise | 29K | — |
| 2026-03-30 | Preston Tracy M | Sell | 2.7K | $17.74 |
| 2026-03-30 | Griscom Paul | Sell | 433 | $17.74 |
| 2026-03-30 | Bron Olivier | Sell | 3.1K | $17.74 |
| 2026-03-30 | Kirgan Danielle L. | Sell | 5.2K | $17.73 |
| 2026-03-30 | Spring Antony | Sell | 27K | $17.73 |
| 2026-03-28 | Bron Olivier | Option exercise | 7.5K | — |
| 2026-03-28 | Preston Tracy M | Option exercise | 7.5K | — |
| 2026-03-28 | Kirgan Danielle L. | Option exercise | 11K | — |
| 2026-03-28 | Griscom Paul | Option exercise | 1.5K | — |
| 2026-03-28 | Spring Antony | Option exercise | 53K | — |
| 2026-03-27 | Kirgan Danielle L. | Sell | 15K | $17.91 |
| 2026-03-27 | Bron Olivier | Sell | 4.7K | $17.91 |
| 2026-03-27 | Griscom Paul | Sell | 2.9K | $17.92 |
| 2026-03-27 | Spring Antony | Sell | 41K | $17.91 |
| 2026-03-26 | Kirgan Danielle L. | Grant | 47K | — |
| 2026-03-26 | Kirgan Danielle L. | Tax withheld | 2.1K | $18.49 |
| 2026-03-26 | Spring Antony | Grant | 104K | — |
| 2026-03-26 | Spring Antony | Tax withheld | 6.1K | $18.49 |
| 2026-03-26 | Bron Olivier | Grant | 11K | — |
| 2026-03-26 | Bron Olivier | Tax withheld | 406 | $18.49 |
| 2026-03-26 | Griscom Paul | Grant | 10K | — |
| 2026-03-26 | Griscom Paul | Tax withheld | 339 | $18.49 |
| 2026-03-25 | Kirgan Danielle L. | Sell | 3.0K | $18.72 |
| 2026-03-25 | Spring Antony | Sell | 3.0K | $18.72 |
| 2026-03-25 | Griscom Paul | Sell | 379 | $18.75 |
| 2026-03-24 | Spring Antony | Option exercise | 8.5K | — |
| 2026-03-24 | Kirgan Danielle L. | Option exercise | 8.5K | — |
| 2026-03-24 | Griscom Paul | Option exercise | 1.1K | — |
| 2026-03-02 | Preston Tracy M | Tax withheld | 6.7K | $19.78 |
| 2026-02-28 | Preston Tracy M | Option exercise | 18K | — |
| 2025-12-11 | Kirgan Danielle L. | Sell | 85K | $23.92 |
| 2025-12-08 | Bron Olivier | Sell | 14K | $22.21 |
| 2025-11-03 | Bron Olivier | Tax withheld | 9.2K | $19.49 |
| 2025-11-01 | Bron Olivier | Option exercise | 3.1K | — |
| 2025-11-01 | Bron Olivier | Option exercise | 19K | — |
| 2025-09-17 | Kirgan Danielle L. | Sell | 100K | $17.75 |
| 2025-09-11 | Griscom Paul | Sell | 13K | $17.26 |
| 2025-09-11 | Kirgan Danielle L. | Sell | 50K | $17.50 |
| 2025-09-05 | Kirgan Danielle L. | Sell | 100K | $17.30 |
| 2025-04-01 | Spring Antony | Sell | 14K | $12.88 |
| 2025-04-01 | Mitchell Adrian V | Sell | 102K | $12.88 |
| 2025-04-01 | Griscom Paul | Sell | 489 | $12.89 |
| 2025-04-01 | Kirgan Danielle L. | Sell | 4.5K | $12.88 |
| 2025-03-31 | Kirgan Danielle L. | Sell | 4.1K | $12.68 |
| 2025-03-31 | Griscom Paul | Sell | 444 | $12.67 |
| 2025-03-31 | Bron Olivier | Sell | 3.1K | $12.68 |
| 2025-03-31 | Kirgan Danielle L. | Option exercise | 13K | — |
| 2025-03-31 | Mitchell Adrian V | Option exercise | 24K | — |
| 2025-03-31 | Mitchell Adrian V | Option exercise | 172K | — |
| 2025-03-31 | Spring Antony | Option exercise | 29K | — |
| 2025-03-31 | Spring Antony | Sell | 21K | $12.68 |
| 2025-03-31 | Preston Tracy M | Sell | 2.8K | $12.68 |
| 2025-03-31 | Mitchell Adrian V | Sell | 8.4K | $12.68 |
| 2025-03-31 | Griscom Paul | Option exercise | 1.7K | — |
| 2025-03-28 | Kirgan Danielle L. | Option exercise | 11K | — |
| 2025-03-28 | Bron Olivier | Option exercise | 7.5K | — |
| 2025-03-28 | Griscom Paul | Option exercise | 1.5K | — |
| 2025-03-28 | Mitchell Adrian V | Sell | 5.1K | $12.77 |
| 2025-03-28 | Mitchell Adrian V | Option exercise | 21K | — |
| 2025-03-28 | Kirgan Danielle L. | Sell | 4.6K | $12.77 |
| 2025-03-28 | Spring Antony | Sell | 4.6K | $12.77 |
| 2025-03-28 | Spring Antony | Option exercise | 53K | — |
| 2025-03-28 | Griscom Paul | Sell | 942 | $12.77 |
| 2025-03-28 | Preston Tracy M | Grant | 7.5K | — |
| 2025-03-27 | Griscom Paul | Tax withheld | 87 | $13.18 |
| 2025-03-27 | Spring Antony | Grant | 14K | — |
| 2025-03-27 | Spring Antony | Tax withheld | 486 | $13.18 |
| 2025-03-27 | Mitchell Adrian V | Grant | 14K | — |
| 2025-03-27 | Mitchell Adrian V | Tax withheld | 544 | $13.18 |
| 2025-03-27 | Kirgan Danielle L. | Grant | 14K | — |
| 2025-03-27 | Kirgan Danielle L. | Tax withheld | 486 | $13.18 |
| 2025-03-27 | Griscom Paul | Grant | 3.0K | — |
| 2025-03-26 | Spring Antony | Sell | 4.5K | $13.28 |
| 2025-03-26 | Griscom Paul | Sell | 1.1K | $13.28 |
| 2025-03-26 | Mitchell Adrian V | Sell | 4.4K | $13.28 |
| 2025-03-26 | Kirgan Danielle L. | Sell | 5.0K | $13.28 |
| 2025-03-25 | Spring Antony | Sell | 3.1K | $13.74 |
| 2025-03-25 | Mitchell Adrian V | Sell | 3.5K | $13.74 |
| 2025-03-25 | Mitchell Adrian V | Option exercise | 11K | — |
| 2025-03-25 | Kirgan Danielle L. | Option exercise | 14K | — |
| 2025-03-25 | Spring Antony | Option exercise | 12K | — |
| 2025-03-25 | Griscom Paul | Sell | 400 | $13.74 |
| 2025-03-25 | Griscom Paul | Option exercise | 3.0K | — |
| 2025-03-25 | Kirgan Danielle L. | Sell | 3.1K | $13.74 |
| 2025-03-24 | Kirgan Danielle L. | Option exercise | 8.5K | — |
| 2025-03-24 | Mitchell Adrian V | Option exercise | 8.5K | — |
| 2025-03-24 | Spring Antony | Option exercise | 8.5K | — |
| 2025-03-24 | Griscom Paul | Option exercise | 1.1K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (11)
- Christian Louboutin
- Victoria Beckham Beauty
- Skims
- Messika
- Vuori
- Totem
- Skinceuticals
- Dr Diamonds Metacine
- Sisley Paris
- Parfums De Marley
- G III APPAREL GROUP LTD /DE/
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-06-04 | 2026-05-02 | 0001628280-26-040820 ↗ |
| 8-K | 2026-06-03 | 2026-06-03 | 0001628280-26-040037 ↗ |
| 8-K | 2026-05-18 | 2026-05-15 | 0000794367-26-000038 ↗ |
| 10-K | 2026-03-27 | 2026-01-31 | 0001628280-26-021721 ↗ |
| 8-K | 2026-03-26 | 2026-03-25 | 0000794367-26-000012 ↗ |
| 8-K | 2026-03-18 | 2026-03-18 | 0001628280-26-019024 ↗ |
| 8-K | 2026-02-27 | 2026-02-27 | 0000794367-26-000006 ↗ |
| 8-K | 2026-02-18 | 2026-02-18 | 0000794367-26-000004 ↗ |
| 8-K | 2025-12-12 | 2025-12-08 | 0000794367-25-000169 ↗ |
| 10-Q | 2025-12-10 | 2025-11-01 | 0001628280-25-056323 ↗ |
| 8-K/A | 2025-12-03 | 2025-12-03 | 0000794367-25-000165 ↗ |
| 8-K | 2025-12-03 | 2025-12-03 | 0001628280-25-054900 ↗ |