Macy’s Inc (M)
Return on equity (ROE)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 582,000 | 105,000 | 105,000 | 1,177,000 | 1,177,000 |
| Total stockholders’ equity | US$ in thousands | 4,552,000 | 4,137,000 | 4,137,000 | 4,082,000 | 4,082,000 |
| ROE | 12.79% | 2.54% | 2.54% | 28.83% | 28.83% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $582,000K ÷ $4,552,000K
= 12.79%
The Return on Equity (ROE) of Macy’s Inc has exhibited fluctuations over the reported periods. As of January 28, 2023, and January 31, 2023, the ROE stood at 28.83%, demonstrating a strong performance in utilizing equity to generate profits. However, the ROE dropped to 2.54% as of January 31, 2024, and remained constant at this level as of February 3, 2024. This significant decline indicates a decreased ability to generate profits from shareholder equity during these periods. Subsequently, the ROE improved to 12.79% by January 31, 2025. Overall, Macy’s Inc experienced a mixed performance in terms of ROE, with both high and low points in the profitability generated from shareholders' equity during the analyzed periods.
Peer comparison
Jan 31, 2025