Superworth

Macy's price to free cash flow M

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026
4.5×
10-year median
5.7×
Against its 10-year history
25th
percentile: 0 is its lowest day, 100 its highest
10-year range
2.1× to 18.3×
Peer median
17.3×

Macy's' price to free cash flow is 4.5× as of Oct 23, 2026.

That is below its ten-year median of 5.7×, lower than on 75% of days in the last ten years.

Over that time it ranged from 2.1× in Apr 2020 to 18.3× in May 2021.

The median for 10 consumer staples stocks of a similar size is 17.3×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far4.5×3.9×5.4×
20255.1×4.1×8.2×
20248.5×5.7×10.2×
20239.7×2.9×9.7×
20223.5×2.2×8.5×
20218.1×3.4×18.3×
20203.1×2.1×8.3×
20197.7×5.1×10.9×
20186.7×5.3×8.1×
20175.6×4.0×7.5×
20167.9×7.6×11.1×
20158.3×8.1×13.6×
201412.3×10.5×13.8×
201312.3×8.6×12.3×
20128.7×8.5×12.9×
201110.5×6.9×10.7×
20107.7×5.7×8.5×

Against its peers

Companies in Consumer Defensive nearest Macy's' size, closest first, today.

CompanyPrice to free cash flow
MMacy's4.5×
CPBCAMPBELL'S9.1×
SFMSprouts Farmers Market17.3×
INGRIngredion17.0×
PPCPilgrims Priden/m
ELFe.l.f. Beauty24.1×
PRMBPrimo Brands19.5×
CELHCelsius15.6×
SFDSmithfield Foods9.1×
LAURLaureate Education18.8×
LWLamb Weston18.0×
Peer median17.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Macy's

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.