Macy’s Inc (M) — Cash Flow Reinvestment Rate
Latest as of January 2026:
0.02x
Macy’s Inc (M) has a Cash Flow Reinvestment Rate of 0.02x as of January 2026, reinvesting $24.00 Million (capex $24.00 Million ) from operating cash flow of $1.18 Billion. Check M cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
0.02x
(Capex + Investments) / Operating CF
Total Reinvested
$24.00 Million
Capex + Investments
Operating Cash Flow
$1.18 Billion
USD
Capital Expenditures
$24.00 Million
USD
Macy’s Inc Cash Flow Reinvestment Rate (1993–2026)
Historical reinvestment intensity for Macy’s Inc across 34 annual periods. Explore debt repayment capacity of Macy’s Inc to assess how comfortably operating cash covers total debt obligations.
Annual Cash Flow Reinvestment Rate for Macy’s Inc (1993–2026)
Year-by-year capital reinvestment analysis for Macy’s Inc. For live market cap and broader valuation context, see Macy’s Inc market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.26x | $373.00 Million | $1.43 Billion | $373.00 Million | ▼ -70.0% |
| 2025 | 0.87x | $1.11 Billion | $1.28 Billion | $518.00 Million | ▼ -40.5% |
| 2024 | 1.46x | $1.91 Billion | $1.30 Billion | $993.00 Million | ▼ -4.3% |
| 2023 | 1.53x | $2.46 Billion | $1.61 Billion | $1.29 Billion | ▲ +327.9% |
| 2022 | 0.36x | $967.00 Million | $2.71 Billion | $597.00 Million | ▼ -70.7% |
| 2021 | 1.22x | $791.00 Million | $649.00 Million | $466.00 Million | ▼ -9.2% |
| 2020 | 1.34x | $2.16 Billion | $1.61 Billion | $1.16 Billion | ▲ +67.8% |
| 2019 | 0.80x | $1.39 Billion | $1.74 Billion | $932.00 Million | ▲ +37.3% |
| 2018 | 0.58x | $1.13 Billion | $1.94 Billion | $760.00 Million | ▼ -4.5% |
| 2017 | 0.61x | $1.10 Billion | $1.80 Billion | $912.00 Million | ▲ +8.8% |
| 2016 | 0.56x | $1.11 Billion | $1.98 Billion | $1.11 Billion | ▲ +42.3% |
| 2015 | 0.39x | $1.07 Billion | $2.71 Billion | $1.07 Billion | ▲ +16.4% |
| 2014 | 0.34x | $863.00 Million | $2.55 Billion | $863.00 Million | ▼ -18.7% |
| 2013 | 0.42x | $942.00 Million | $2.26 Billion | $942.00 Million | ▲ +14.1% |
| 2012 | 0.37x | $764.00 Million | $2.09 Billion | $764.00 Million | ▲ +8.9% |
| 2011 | 0.34x | $505.00 Million | $1.51 Billion | $505.00 Million | ▲ +27.6% |
| 2010 | 0.26x | $460.00 Million | $1.75 Billion | $460.00 Million | ▼ -44.9% |
| 2009 | 0.48x | $897.00 Million | $1.88 Billion | $897.00 Million | ▼ -3.3% |
| 2008 | 0.49x | $1.10 Billion | $2.24 Billion | $1.10 Billion | ▲ +32.9% |
| 2007 | 0.37x | $1.39 Billion | $3.75 Billion | $1.39 Billion | ▲ +10.1% |
| 2006 | 0.34x | $656.00 Million | $1.94 Billion | $656.00 Million | ▼ -7.2% |
| 2005 | 0.36x | $548.00 Million | $1.51 Billion | $548.00 Million | ▲ +13.8% |
| 2004 | 0.32x | $508.00 Million | $1.59 Billion | $508.00 Million | ▼ -34.3% |
| 2003 | 0.49x | $568.00 Million | $1.17 Billion | $568.00 Million | ▲ +1.2% |
| 2002 | 0.48x | $615.00 Million | $1.28 Billion | $615.00 Million | ▼ -16.8% |
| 2001 | 0.58x | $742.00 Million | $1.28 Billion | $742.00 Million | ▼ -5.3% |
| 2000 | 0.61x | $770.00 Million | $1.26 Billion | $770.00 Million | ▲ +48.2% |
| 1999 | 0.41x | $695.00 Million | $1.69 Billion | $695.00 Million | ▼ -7.1% |
| 1998 | 0.44x | $696.00 Million | $1.57 Billion | $696.00 Million | ▼ -36.2% |
| 1997 | 0.69x | $846.00 Million | $1.22 Billion | $846.00 Million | ▼ -70.7% |
| 1996 | 2.37x | $696.50 Million | $294.50 Million | $696.50 Million | ▼ -1.3% |
| 1995 | 2.40x | $386.80 Million | $161.50 Million | $386.80 Million | ▲ +217.7% |
| 1994 | 0.75x | $309.50 Million | $410.50 Million | $309.50 Million | ▲ +67.7% |
| 1993 | 0.45x | $198.50 Million | $441.60 Million | $198.50 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow