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. Explore Macy’s Inc (M) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore M total assets for the complete picture of this company's asset base.
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 stock valuation.
| 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