Macy's, Inc. (M) Return on Invested Capital (ROIC): 6.63%
Is Macy's, Inc.’s return on invested capital (ROIC) high or low?
Macy's, Inc.'s return on invested capital (ROIC) of 6.63% is 17% below its 4-year average of 7.97%, around the middle of its 4-year range (2.57%–14.29%).
As of Tuesday, June 23, 2026. 6.42% above its 12-month average of 6.23%.
M Return on Invested Capital (ROIC) Chart
M Average Return on Invested Capital (ROIC) Chart
M Current vs Average Return on Invested Capital (ROIC) Chart
M Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
6.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.94%
CURRENT VS TTM AVG
+6.42%
CURRENT VS 3Y AVG
+32.34%
CURRENT VS 5Y AVG
-16.81%
CURRENT VS 10Y AVG
+37.32%
CURRENT VS 15Y AVG
-23.48%
CURRENT VS 20Y AVG
-16.52%
M Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Macy's, Inc. (M) | $6.49B | 6.63% | 6.23% | 5.01% | 7.97% |
| LKQ Corporation (LKQ)vs › | $6.47B | 6.60% | 6.78% | 8.38% | 8.47% |
| Mohawk Industries, Inc. (MHK)vs › | $6.70B | 3.54% | 4.36% | 1.63% | 3.32% |
| Etsy, Inc. (ETSY)vs › | $6.88B | 11.51% | 13.73% | 2.22% | 7.33% |
| Chewy, Inc. (CHWY)vs › | $7.25B | 16.18% | 15.06% | 9.44% | 3.88% |
| The Gap, Inc. (GAP)vs › | $7.42B | 8.06% | 8.20% | 5.39% | 3.98% |
| Abercrombie & Fitch Co. (ANF)vs › | $3.81B | 18.66% | 20.93% | 19.07% | 14.38% |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $9.17B | 8.75% | 9.09% | 3.41% | -3.91% |
| Thor Industries, Inc. (THO)vs › | $3.78B | 4.72% | 5.30% | 9.88% | 10.24% |
| The Gap, Inc. (GPS)vs › | $9.21B | 8.06% | 8.48% | 7.70% | 5.74% |
Capital Efficiency
ROIC
6.6%
ROE
13.8%
Macy's, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Macy's, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Macy's, Inc. (M)?
- The return on invested capital (ROIC) for M stock is 6.63%.
- Is Macy's, Inc.'s return on invested capital (ROIC) high or low?
- Macy's, Inc.'s return on invested capital (ROIC) of 6.63% is 17% below its 4-year average of 7.97%, around the middle of its 4-year range (2.57%–14.29%).
- What is the TTM average return on invested capital (ROIC) for Macy's, Inc. (M)?
- The TTM average return on invested capital (ROIC) for M stock is 6.23%.
- What is the 3Y average return on invested capital (ROIC) for Macy's, Inc. (M)?
- The 3Y average return on invested capital (ROIC) for M stock is 5.01%.
- What is the 5Y average return on invested capital (ROIC) for Macy's, Inc. (M)?
- The 5Y average return on invested capital (ROIC) for M stock is 7.97%.
- What is the 10Y average return on invested capital (ROIC) for Macy's, Inc. (M)?
- The 10Y average return on invested capital (ROIC) for M stock is 4.83%.
- What is the 15Y average return on invested capital (ROIC) for Macy's, Inc. (M)?
- The 15Y average return on invested capital (ROIC) for M stock is 8.66%.
- What is the 20Y average return on invested capital (ROIC) for Macy's, Inc. (M)?
- The 20Y average return on invested capital (ROIC) for M stock is 7.94%.
Macy's, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-01-31 | 6.63% |
| 2025-02-01 | 5.83% |
| 2024-02-03 | 2.57% |
| 2023-01-28 | 10.53% |
| 2022-01-29 | 14.29% |
| 2021-01-30 | -28.16% |
| 2020-01-31 | 4.59% |
| 2019-01-31 | 9.47% |
| 2018-01-31 | 12.99% |
| 2017-01-31 | 5.98% |
| 2016-01-31 | 8.39% |
| 2015-01-31 | 11.17% |
| 2014-01-31 | 10.62% |
| 2013-01-31 | 10.43% |
| 2012-01-31 | 8.97% |
| 2011-01-31 | 7.50% |
| 2010-01-31 | 4.04% |
| 2009-01-31 | -23.97% |
| 2008-01-31 | 5.56% |
| 2007-01-31 | 5.26% |
| 2006-01-31 | 6.08% |
| 2005-01-31 | 7.31% |
| 2004-01-31 | 7.41% |
| 2003-01-31 | 6.94% |
| 2002-01-31 | 5.94% |
| 2001-01-31 | 7.31% |
| 2000-01-31 | 6.99% |
| 1999-01-31 | 7.85% |
| 1998-01-31 | 7.16% |
| 1997-01-31 | 4.58% |
Related Metrics
About Macy's, Inc.
Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications. The company offers a broad assortment of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other general consumer goods. As of January 29, 2022, Macy's operated 725 department stores domestically in locations such as the District of Columbia, Puerto Rico, and Guam. These stores are branded under several well-known names like Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and the beauty retailer bluemercury. Internationally, Macy's also extends its reach through licensing agreements, with operations in Dubai, United Arab Emirates, and Al Zahra, Kuwait. The company maintains a presence in the beauty and spa retail sector. Originally established in 1830, the company was previously known as Federated Department Stores, Inc. It officially changed its name to Macy's, Inc. in June 2007, and its corporate headquarters are located in New York, New York.
- Sector
- Consumer Cyclical
- Industry
- Department Stores
- CEO
- Antony Spring