Macy’s Inc (M)
Return on equity (ROE)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 582,000 | 170,000 | 71,000 | -36,000 | -55,000 | -7,000 | 42,000 | 154,000 | 266,000 | 797,000 | 1,328,000 | 1,281,000 | 1,234,000 | 1,000,000 | 766,000 | 944,000 | 1,578,000 | 2,046,000 | 2,010,000 | 1,963,000 |
| Total stockholders’ equity | US$ in thousands | 4,552,000 | 17,293,000 | 4,303,000 | 4,186,000 | 4,137,000 | 4,137,000 | 4,144,000 | 4,144,000 | 4,210,000 | 4,210,000 | 4,170,000 | 4,170,000 | 4,082,000 | 4,082,000 | 3,475,000 | 3,475,000 | 3,531,000 | 3,531,000 | 3,278,000 | 3,621,000 |
| ROE | 12.79% | 0.98% | 1.65% | -0.86% | -1.33% | -0.17% | 1.01% | 3.72% | 6.32% | 18.93% | 31.85% | 30.72% | 30.23% | 24.50% | 22.04% | 27.17% | 44.69% | 57.94% | 61.32% | 54.21% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $582,000K ÷ $4,552,000K
= 12.79%
Based on the data provided, Macy’s Inc has shown fluctuating trends in its return on equity (ROE) over the period from January 31, 2022, to January 31, 2025. The ROE started at a strong level of 54.21% in January 2022 and increased steadily to reach a peak of 61.32% in April 2022. However, from there, the ROE began to decrease, with occasional fluctuations.
There was a significant drop in ROE to 27.17% in October 2022, followed by a further decline to 1.01% by October 31, 2023. The ROE turned negative briefly in early 2024 but recovered to positive territory, albeit at lower levels compared to the initial period.
Overall, the ROE of Macy’s Inc has shown a downward trend, indicating a decrease in the company’s ability to generate profits from its shareholder equity. The decreasing trend in ROE suggests potential challenges in efficiently utilizing the shareholders' investments to generate returns. It is important for investors and stakeholders to closely monitor this metric to assess the company's financial performance and sustainability in the long run.
Peer comparison
Jan 31, 2025