GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Macy's Inc (FRA:FDO) » Definitions » 10-Year ROIIC %

Macy's (FRA:FDO) 10-Year ROIIC % : 17.85% (As of Jan. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Macy's 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Macy's's 10-Year ROIIC % for the quarter that ended in Jan. 2024 was 17.85%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Macy's's 10-Year ROIIC % or its related term are showing as below:

FRA:FDO's 10-Year ROIIC % is ranked better than
76.64% of 1023 companies
in the Retail - Cyclical industry
Industry Median: 3.56 vs FRA:FDO: 17.85

Macy's 10-Year ROIIC % Historical Data

The historical data trend for Macy's's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Macy's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -367.63 72.29 -4.10 10.87 17.85

Macy's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
10-Year ROIIC % Get a 7-Day Free Trial 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 10.87 - - - 17.85

Competitive Comparison of Macy's's 10-Year ROIIC %

For the Department Stores subindustry, Macy's's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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's 10-Year ROIIC % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Macy's's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Macy's's 10-Year ROIIC % falls into.



Macy's 10-Year ROIIC % Calculation

Macy's's 10-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 943.7179536 (Jan. 2024) - 1317.4253316 (Jan. 2014) )/( 10602.9 (Jan. 2024) - 11630.964 (Jan. 2014) )
=-373.707378/-1028.064
=36.35%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Macy's  (FRA:FDO) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Macy's 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Macy's's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Macy's (FRA:FDO) 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.

Macy's (FRA:FDO) Headlines

No Headlines