Macy's's revenue is forecast to decline at 4.1% per annum while its annual earnings are expected to grow at 1.7% per year. EPS is expected to grow by 2.4% per annum. Return on equity is forecast to be 11.1% in 3 years.
Key information
1.7%
Earnings growth rate
2.39%
EPS growth rate
Multiline Retail earnings growth
4.5%
Revenue growth rate
-4.1%
Future return on equity
11.12%
Analyst coverage
Good
Last updated
18 May 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
BIT:1FDO - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
1/31/2029
18,562
646
N/A
N/A
1
1/31/2028
21,319
622
776
1,583
7
1/31/2027
21,594
594
716
1,521
8
1/31/2026
22,621
642
690
1,430
N/A
11/1/2025
22,712
477
797
1,555
N/A
8/2/2025
22,701
494
603
1,396
N/A
5/3/2025
22,799
558
255
1,085
N/A
2/1/2025
23,006
582
396
1,278
N/A
11/2/2024
23,374
112
224
1,117
N/A
8/3/2024
23,509
124
310
1,171
N/A
5/4/2024
23,693
-48
403
1,329
N/A
2/3/2024
23,866
45
312
1,305
N/A
10/28/2023
24,074
682
224
1,285
N/A
7/29/2023
24,503
749
306
1,583
N/A
4/29/2023
25,057
1,046
142
1,472
N/A
1/28/2023
25,449
1,146
320
1,615
N/A
10/29/2022
25,796
1,411
1,164
2,359
N/A
7/30/2022
25,982
1,543
1,101
2,050
N/A
4/30/2022
25,992
1,613
1,707
2,466
N/A
1/29/2022
25,399
1,430
2,115
2,712
N/A
10/30/2021
23,399
847
781
1,246
N/A
7/31/2021
21,931
516
1,214
1,621
N/A
5/1/2021
19,814
-260
902
1,307
N/A
1/30/2021
18,097
-3,944
183
649
N/A
10/31/2020
19,637
-3,764
949
1,680
N/A
8/1/2020
20,808
-3,671
306
1,251
N/A
5/2/2020
22,803
-3,153
429
1,482
N/A
2/1/2020
25,331
564
451
1,608
N/A
11/2/2019
25,449
964
N/A
1,478
N/A
8/3/2019
25,682
1,025
N/A
1,541
N/A
5/4/2019
25,717
1,105
N/A
1,375
N/A
2/2/2019
25,739
1,108
N/A
1,735
N/A
11/3/2018
25,945
1,715
N/A
2,006
N/A
8/4/2018
25,782
1,683
N/A
1,974
N/A
5/5/2018
25,828
1,627
N/A
2,061
N/A
2/3/2018
25,641
1,566
N/A
1,976
N/A
10/28/2017
25,255
694
N/A
1,892
N/A
7/29/2017
25,455
681
N/A
1,787
N/A
4/29/2017
25,518
581
N/A
2,030
N/A
1/28/2017
26,564
627
N/A
1,801
N/A
10/29/2016
26,132
688
N/A
2,014
N/A
7/30/2016
26,380
789
N/A
2,146
N/A
4/30/2016
26,618
995
N/A
1,939
N/A
1/30/2016
27,079
1,072
N/A
1,984
N/A
10/31/2015
27,574
1,321
N/A
2,146
N/A
8/1/2015
27,895
1,420
N/A
2,371
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1FDO's forecast earnings growth (1.7% per year) is below the savings rate (3.3%).
Earnings vs Market: 1FDO's earnings (1.7% per year) are forecast to grow slower than the Italian market (11.1% per year).
High Growth Earnings: 1FDO's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1FDO's revenue is expected to decline over the next 3 years (-4.1% per year).
High Growth Revenue: 1FDO's revenue is forecast to decline over the next 3 years (-4.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1FDO's Return on Equity is forecast to be low in 3 years time (11.1%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/24 02:48
End of Day Share Price
2026/05/22 00:00
Earnings
2026/01/31
Annual Earnings
2026/01/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
Macy's, Inc. is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.