Macy’s Inc Capital Reinvestment Ratio
Macy’s Inc 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). Check M capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Macy’s Inc (1993–2026)
Capital reinvestment ratio of Macy’s Inc from 1993 to 2026. This chart tracks Macy’s Inc's Capital Reinvestment Ratio across 34 annual periods. Also explore Macy’s Inc (M) net asset momentum to track the company's year-over-year net asset growth rate.
Macy’s Inc Capital Reinvestment Ratio by Year (1993–2026)
Macy’s Inc capital reinvestment ratio by year from 1993 to 2026. For the full cash flow conversion analysis, see cash flow conversion of Macy’s Inc.
| 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 | — |