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Macy's (Macy's) EV-to-EBIT

: 39.16 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Macy's's Enterprise Value is $10,181 Mil. Macy's's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $260 Mil. Therefore, Macy's's EV-to-EBIT for today is 39.16.

The historical rank and industry rank for Macy's's EV-to-EBIT or its related term are showing as below:

M' s EV-to-EBIT Range Over the Past 10 Years
Min: -71.67   Med: 8.76   Max: 41.83
Current: 39.16

During the past 13 years, the highest EV-to-EBIT of Macy's was 41.83. The lowest was -71.67. And the median was 8.76.

M's EV-to-EBIT is ranked worse than
86.5% of 815 companies
in the Retail - Cyclical industry
Industry Median: 13.19 vs M: 39.16

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Macy's's Enterprise Value for the quarter that ended in Jan. 2024 was $9,965 Mil. Macy's's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $260 Mil. Macy's's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 2.61%.


Macy's EV-to-EBIT Historical Data

The historical data trend for Macy's's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Macy's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.50 -2.51 5.93 7.11 38.48

Macy's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.11 6.61 9.25 9.13 38.48

Competitive Comparison

For the Department Stores subindustry, Macy's's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macy's EV-to-EBIT Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Macy's's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Macy's's EV-to-EBIT falls into.



Macy's EV-to-EBIT Calculation

Macy's's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10180.731/260
=39.16

Macy's's current Enterprise Value is $10,181 Mil.
Macy's's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $260 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Macy's  (NYSE:M) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Macy's's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=260/9965.118
=2.61 %

Macy's's Enterprise Value for the quarter that ended in Jan. 2024 was $9,965 Mil.
Macy's's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $260 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Macy's EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Macy's's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Macy's (Macy's) Business Description

Address
151 West 34th Street, New York, NY, USA, 10001
Founded in 1858 and based in New York City, Macy's operates about 550 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and 158 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses two Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances composed 61% of Macy's 2022 sales.
Executives
Adrian V Mitchell officer: Chief Financial Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Paul Griscom officer: Interim Principal Acctg. Offr. C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
Danielle L. Kirgan officer: Chief Human Resources Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Garcia C Elisa D officer: Chief Legal Officer 151 WEST 34TH STREET, NEW YORK NY 10001
Jeffrey Gennette officer: Chief Merchandising Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Antony Spring officer: Chairman & CEO, Bloomingdale's C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Naveen K. Chopra director C/O 2160 GOLD STREET, SAN JOSE CA 95002
Emilie Arel director C/O CASPER SLEEP INC., 175 GREENWICH ST., THREE WORLD TRADE CENTER, FLOOR 39, NEW YORK NY 10007
Jill Granoff director LIZ CLAIBORNE, INC., 1441 BROADWAY, NEW YORK NY 10018
Marie A Chandoha director C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Ashley Buchanan director C/O THE MICHAELS COMPANIES, INC., 8000 BENT BRANCH DRIVE, IRVING TX 75063
Tracey Zhen director C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
John T. Harper officer: Chief Operations Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Paul C Varga director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Felicia Williams officer: EVP,Controller/Enterprise Risk C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001