Macy’s Inc Free Cash Flow Generation Index
Macy’s Inc free cash flow generation index. Macy’s Inc (M) has a Free Cash Flow Generation Index of 0.98x as of January 2026. Free cash flow of $1.16 Billion represents 1% of operating cash flow ($1.18 Billion). Check asset resilience ratio of Macy’s Inc to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Macy’s Inc (1993–2026)
Free cash flow generation index of Macy’s Inc from 1993 to 2026. Historical FCF Generation Index trend for Macy’s Inc across 34 annual periods. Explore how much does Macy’s Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Macy’s Inc Free Cash Flow Generation Index by Year (1993–2026)
Macy’s Inc free cash flow generation index by year from 1993 to 2026. Year-by-year Free Cash Flow Generation Index for Macy’s Inc. For the full cash flow conversion analysis, see Macy’s Inc cash flow conversion.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.74x | $1.06 Billion | $1.43 Billion | $373.00 Million | ▲ +24.3% |
| 2025 | 0.59x | $760.00 Million | $1.28 Billion | $518.00 Million | ▲ +148.7% |
| 2024 | 0.24x | $312.00 Million | $1.30 Billion | $993.00 Million | ▲ +20.7% |
| 2023 | 0.20x | $320.00 Million | $1.61 Billion | $1.29 Billion | ▼ -74.6% |
| 2022 | 0.78x | $2.12 Billion | $2.71 Billion | $597.00 Million | ▲ +176.6% |
| 2021 | 0.28x | $183.00 Million | $649.00 Million | $466.00 Million | ▲ +0.5% |
| 2020 | 0.28x | $451.00 Million | $1.61 Billion | $1.16 Billion | ▼ -39.4% |
| 2019 | 0.46x | $803.00 Million | $1.74 Billion | $932.00 Million | ▼ -24.0% |
| 2018 | 0.61x | $1.18 Billion | $1.94 Billion | $760.00 Million | ▲ +23.4% |
| 2017 | 0.49x | $889.00 Million | $1.80 Billion | $912.00 Million | ▲ +12.4% |
| 2016 | 0.44x | $871.00 Million | $1.98 Billion | $1.11 Billion | ▼ -27.5% |
| 2015 | 0.61x | $1.64 Billion | $2.71 Billion | $1.07 Billion | ▼ -8.4% |
| 2014 | 0.66x | $1.69 Billion | $2.55 Billion | $863.00 Million | ▲ +13.4% |
| 2013 | 0.58x | $1.32 Billion | $2.26 Billion | $942.00 Million | ▼ -8.1% |
| 2012 | 0.63x | $1.33 Billion | $2.09 Billion | $764.00 Million | ▼ -4.5% |
| 2011 | 0.66x | $1.00 Billion | $1.51 Billion | $505.00 Million | ▼ -9.8% |
| 2010 | 0.74x | $1.29 Billion | $1.75 Billion | $460.00 Million | ▲ +41.0% |
| 2009 | 0.52x | $982.00 Million | $1.88 Billion | $897.00 Million | ▲ +3.2% |
| 2008 | 0.51x | $1.13 Billion | $2.24 Billion | $1.10 Billion | ▼ -19.4% |
| 2007 | 0.63x | $2.35 Billion | $3.75 Billion | $1.39 Billion | ▼ -5.2% |
| 2006 | 0.66x | $1.29 Billion | $1.94 Billion | $656.00 Million | ▲ +4.1% |
| 2005 | 0.64x | $959.00 Million | $1.51 Billion | $548.00 Million | ▼ -6.5% |
| 2004 | 0.68x | $1.08 Billion | $1.59 Billion | $508.00 Million | ▲ +32.5% |
| 2003 | 0.51x | $600.00 Million | $1.17 Billion | $568.00 Million | ▼ -1.1% |
| 2002 | 0.52x | $665.00 Million | $1.28 Billion | $615.00 Million | ▲ +22.9% |
| 2001 | 0.42x | $543.00 Million | $1.28 Billion | $742.00 Million | ▲ +8.3% |
| 2000 | 0.39x | $493.00 Million | $1.26 Billion | $770.00 Million | ▼ -33.7% |
| 1999 | 0.59x | $995.00 Million | $1.69 Billion | $695.00 Million | ▲ +5.6% |
| 1998 | 0.56x | $877.00 Million | $1.57 Billion | $696.00 Million | ▲ +81.7% |
| 1997 | 0.31x | $374.50 Million | $1.22 Billion | $846.00 Million | ▲ +122.5% |
| 1996 | -1.37x | $-402.00 Million | $294.50 Million | $696.50 Million | ▲ +2.2% |
| 1995 | -1.40x | $-225.30 Million | $161.50 Million | $386.80 Million | ▼ -667.0% |
| 1994 | 0.25x | $101.00 Million | $410.50 Million | $309.50 Million | ▼ -55.3% |
| 1993 | 0.55x | $243.10 Million | $441.60 Million | $198.50 Million | — |