Macy’s Inc (M) — Capital Reinvestment Ratio
Macy’s Inc (M) has a Capital Reinvestment Ratio of 0.02x as of January 2026, meaning it reinvests 0% of its operating cash flow ($1.18 Billion) in capital expenditures ($24.00 Million). See Macy’s Inc net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Macy’s Inc Capital Reinvestment Ratio (1993–2026)
This chart tracks Macy’s Inc's Capital Reinvestment Ratio across 34 annual periods. Check Macy’s Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Macy’s Inc (1993–2026)
Year-by-year Capital Reinvestment Ratio for Macy’s Inc from 1993 to 2026. For live market cap and broader valuation context, see Macy’s Inc market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.26x | $1.43 Billion | $373.00 Million | ▼ -35.6% |
| 2025 | 0.41x | $1.28 Billion | $518.00 Million | ▼ -46.7% |
| 2024 | 0.76x | $1.30 Billion | $993.00 Million | ▼ -5.1% |
| 2023 | 0.80x | $1.61 Billion | $1.29 Billion | ▲ +264.3% |
| 2022 | 0.22x | $2.71 Billion | $597.00 Million | ▼ -69.3% |
| 2021 | 0.72x | $649.00 Million | $466.00 Million | ▼ -0.2% |
| 2020 | 0.72x | $1.61 Billion | $1.16 Billion | ▲ +33.9% |
| 2019 | 0.54x | $1.74 Billion | $932.00 Million | ▲ +37.4% |
| 2018 | 0.39x | $1.94 Billion | $760.00 Million | ▼ -22.8% |
| 2017 | 0.51x | $1.80 Billion | $912.00 Million | ▼ -9.7% |
| 2016 | 0.56x | $1.98 Billion | $1.11 Billion | ▲ +42.3% |
| 2015 | 0.39x | $2.71 Billion | $1.07 Billion | ▲ +16.4% |
| 2014 | 0.34x | $2.55 Billion | $863.00 Million | ▼ -18.7% |
| 2013 | 0.42x | $2.26 Billion | $942.00 Million | ▲ +14.1% |
| 2012 | 0.37x | $2.09 Billion | $764.00 Million | ▲ +8.9% |
| 2011 | 0.34x | $1.51 Billion | $505.00 Million | ▲ +27.6% |
| 2010 | 0.26x | $1.75 Billion | $460.00 Million | ▼ -44.9% |
| 2009 | 0.48x | $1.88 Billion | $897.00 Million | ▼ -3.3% |
| 2008 | 0.49x | $2.24 Billion | $1.10 Billion | ▲ +32.9% |
| 2007 | 0.37x | $3.75 Billion | $1.39 Billion | ▲ +10.1% |
| 2006 | 0.34x | $1.94 Billion | $656.00 Million | ▼ -7.2% |
| 2005 | 0.36x | $1.51 Billion | $548.00 Million | ▲ +13.8% |
| 2004 | 0.32x | $1.59 Billion | $508.00 Million | ▼ -34.3% |
| 2003 | 0.49x | $1.17 Billion | $568.00 Million | ▲ +1.2% |
| 2002 | 0.48x | $1.28 Billion | $615.00 Million | ▼ -16.8% |
| 2001 | 0.58x | $1.28 Billion | $742.00 Million | ▼ -5.3% |
| 2000 | 0.61x | $1.26 Billion | $770.00 Million | ▲ +48.2% |
| 1999 | 0.41x | $1.69 Billion | $695.00 Million | ▼ -7.1% |
| 1998 | 0.44x | $1.57 Billion | $696.00 Million | ▼ -36.2% |
| 1997 | 0.69x | $1.22 Billion | $846.00 Million | ▼ -70.7% |
| 1996 | 2.37x | $294.50 Million | $696.50 Million | ▼ -1.3% |
| 1995 | 2.40x | $161.50 Million | $386.80 Million | ▲ +217.7% |
| 1994 | 0.75x | $410.50 Million | $309.50 Million | ▲ +67.7% |
| 1993 | 0.45x | $441.60 Million | $198.50 Million | — |