Macy’s Inc Cash Flow Quality Index
Macy’s Inc cash flow quality index. Macy’s Inc (M) has a Cash Flow Quality Index of 0.23x as of January 2026. Operating cash flow of $1.18 Billion is below net income of $5.04 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore M debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Macy’s Inc (1993–2026)
Cash flow quality index of Macy’s Inc from 1993 to 2026. Historical Cash Flow Quality Index for Macy’s Inc across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Macy’s Inc (M) net asset quality to measure how much of total assets are equity-financed.
Macy’s Inc Cash Flow Quality Index by Year (1993–2026)
Macy’s Inc cash flow quality index by year from 1993 to 2026. Year-by-year earnings quality comparison for Macy’s Inc. For the full cash flow conversion analysis, see how efficiently does Macy’s Inc generate cash.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 2.23x | $1.43 Billion | $642.00 Million | ▲ +1.4% |
| 2025 | 2.20x | $1.28 Billion | $582.00 Million | ▼ -82.3% |
| 2024 | 12.43x | $1.30 Billion | $105.00 Million | ▲ +805.8% |
| 2023 | 1.37x | $1.61 Billion | $1.18 Billion | ▼ -27.6% |
| 2022 | 1.90x | $2.71 Billion | $1.43 Billion | ▼ -33.5% |
| 2020 | 2.85x | $1.61 Billion | $564.00 Million | ▲ +80.4% |
| 2019 | 1.58x | $1.74 Billion | $1.10 Billion | ▲ +24.9% |
| 2018 | 1.27x | $1.94 Billion | $1.54 Billion | ▼ -57.1% |
| 2017 | 2.95x | $1.80 Billion | $611.00 Million | ▲ +59.0% |
| 2016 | 1.85x | $1.98 Billion | $1.07 Billion | ▲ +4.4% |
| 2015 | 1.78x | $2.71 Billion | $1.53 Billion | ▲ +3.5% |
| 2014 | 1.72x | $2.55 Billion | $1.49 Billion | ▲ +1.3% |
| 2013 | 1.69x | $2.26 Billion | $1.33 Billion | ▲ +1.6% |
| 2012 | 1.67x | $2.09 Billion | $1.26 Billion | ▼ -6.3% |
| 2011 | 1.78x | $1.51 Billion | $847.00 Million | ▼ -64.4% |
| 2010 | 5.00x | $1.75 Billion | $350.00 Million | ▲ +99.5% |
| 2008 | 2.51x | $2.24 Billion | $893.00 Million | ▼ -33.4% |
| 2007 | 3.76x | $3.75 Billion | $995.00 Million | ▲ +172.3% |
| 2006 | 1.38x | $1.94 Billion | $1.41 Billion | ▼ -36.8% |
| 2005 | 2.19x | $1.51 Billion | $689.00 Million | ▼ -4.7% |
| 2004 | 2.29x | $1.59 Billion | $693.00 Million | ▲ +60.7% |
| 2003 | 1.43x | $1.17 Billion | $818.00 Million | ▼ -10.1% |
| 2000 | 1.59x | $1.26 Billion | $795.00 Million | ▼ -35.6% |
| 1999 | 2.47x | $1.69 Billion | $685.00 Million | ▼ -9.8% |
| 1998 | 2.74x | $1.57 Billion | $575.00 Million | ▼ -40.4% |
| 1997 | 4.59x | $1.22 Billion | $265.90 Million | ▲ +16.3% |
| 1996 | 3.95x | $294.50 Million | $74.60 Million | ▲ +358.6% |
| 1995 | 0.86x | $161.50 Million | $187.60 Million | ▼ -58.7% |
| 1994 | 2.09x | $410.50 Million | $196.80 Million | ▼ -37.3% |
| 1993 | 3.33x | $441.60 Million | $132.70 Million | — |