M (Macy's) Shareholder Yield % : 13.82% (As of Apr. 2026) — 17% Above Median


M Macy's Inc M
69 GF Score
Price $25.96
GF Value $16.03
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Macy's Shareholder Yield %?

Macy's M +1.01% 69 Shareholder Yield % is 13.82% as of Apr. 2026, which is 17% above its 10-year median of 11.82. GuruFocus rates M with a GF Score™ of 69/100 and a GF Value™ of $16.03 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,089 Retail - Cyclical companies, Macy's ranks better than 85.31% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Macy's's Shareholder Yield % was 13.82%.


Macy's  (NYSE:M) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Macy's Shareholder Yield % Related Terms


Macy's Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Macy's's Shareholder Yield % 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.

Macy's Shareholder Yield % Chart

Macy's Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.18 32.13 4.45 7.73 17.81

Macy's Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shareholder Yield % 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 17.12 21.46 16.09 17.81 18.26

M vs PLBL, DDS, KSS: Shareholder Yield % Comparison

For the Department Stores subindustry, Macy's's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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 Shareholder Yield % vs Retail - Cyclical Industry

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

* The bar in red indicates where Macy's's Shareholder Yield % falls into.


M
69GF Score
Macy's Inc M
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Macy's Shareholder Yield % Calculation

Macy's's Shareholder Yield % for the quarter that ended in Apr. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=3.78 %+3.96 %+10.52 %
=18.26 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 13.82% mean?
Macy's (M) has a Shareholder Yield % of 13.82% as of Apr. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Macy's and its competitors. This is 17% above median its historical median of 11.82. According to the industry distribution chart, Macy's ranks #160 out of 1089 companies in the Retail - Cyclical industry, placing it in the top 14.7%.
Is Macy's' Shareholder Yield % too high?
Macy's' current Shareholder Yield % of 13.82% is 17% above median its 10-year median of 11.82. The Retail - Cyclical industry median Shareholder Yield % is 1.14. Macy's' value of 13.82% is 1112.3% above this industry median. Based on the distribution chart, Macy's ranks #160 out of 1089 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Macy's has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macy's' Shareholder Yield % compare to PLBL and DDS?
According to the Retail - Cyclical industry distribution chart, Macy's ranks #160 out of 1089 companies for Shareholder Yield %. This places Macy's in the top 15% of its industry — outperforming the majority of peers. The industry median Shareholder Yield % is 1.14. Macy's' value of 13.82% is 1112.3% above this benchmark. While the company's 10-year median is 11.82 vs. the industry median of 1.14, Macy's has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for a Retail - Cyclical company?
The median Shareholder Yield % among Retail - Cyclical companies is 1.14, based on 1,089 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Macy's's current Shareholder Yield % of 13.82% is 1112.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Macy's and its competitors. For the Retail - Cyclical industry, the median Shareholder Yield % is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macy's's current Shareholder Yield % is 13.82%, which is 17% above median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macy's stock overvalued right now?
Based on GuruFocus' analysis, Macy's (M) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.03, compared to a current price of $25.96 — trading 61.9% above its estimated fair value. The current Shareholder Yield % is 13.82%, which is 17% above median its 10-year median of 11.82 and 1112.3% above the Retail - Cyclical industry median of 1.14. Macy's' overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Macy's (M), the current Shareholder Yield % is 13.82% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Macy's (M) Overvalued in 2026?

Based on GuruFocus' analysis, Macy's stock appears to be overvalued. The current stock price of $25.96 is trading 61.9% above its estimated GF Value™ of $16.03. GuruFocus considers Macy's to be Significantly Overvalued.

Key valuation signals for M:

  • Shareholder Yield %: 13.82% (17% above median its 10-year median of 11.82)
  • GF Value™: $16.03 vs. price of $25.96 (61.9% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 1112.3% above the Retail - Cyclical median (#160 of 1089)

No single metric tells the full story. See the M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 430 eponymous stores, 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's names, and 170 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances constituted 64% of 2025 net retail sales.
69GF Score

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Shareholder Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.96
Price
$16.03
GF Value