Macy's annual capital expenditures (capex)
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2025
Macy's Capital Expenditures (CapEx) Growth & History (M)
Macy's's capital expenditures (capex) was $373.0M for fiscal 2025.
View full Macy's company overviewMacy's annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | $373.0M | −$145.0M | −27.99% |
| 2024 | 2025-02-01 | $518.0M | −$113.0M | −17.91% |
| 2023 | 2024-02-03 | $631.0M | −$257.0M | −28.94% |
| 2022 | 2023-01-28 | $888.0M | $534.0M | +150.85% |
| 2021 | 2022-01-29 | $354.0M | $16.0M | +4.73% |
| 2020 | 2021-01-30 | $338.0M | −$564.0M | −62.53% |
| 2019 | 2020-02-01 | $902.0M | $245.0M | +37.29% |
| 2018 | 2019-02-02 | $657.0M | $170.0M | +34.91% |
| 2017 | 2018-02-03 | $487.0M | −$109.0M | −18.29% |
| 2016 | 2017-01-28 | $596.0M | −$181.0M | −23.29% |
| 2015 | 2016-01-30 | $777.0M | $7.0M | +0.91% |
| 2014 | 2015-01-31 | $770.0M | $163.0M | +26.85% |
| 2013 | 2014-02-01 | $607.0M | −$91.0M | −13.04% |
| 2012 | 2013-02-02 | $698.0M | $143.0M | +25.77% |
| 2011 | 2012-01-28 | $555.0M | $216.0M | +63.72% |
| 2010 | 2011-01-29 | $339.0M | −$16.0M | −4.51% |
| 2009 | 2010-01-30 | $355.0M | −$406.0M | −53.35% |
| 2008 | 2009-01-31 | $761.0M | −$233.0M | −23.44% |
| 2007 | 2008-02-02 | $994.0M | — | — |
Macy's quarterly capital expenditures (capex)
Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
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Q1.16
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Q4.16
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Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-05-02 | $88.0M | −$12.0M | −12.00% |
| Q4 2025 | 2026-01-31 | $101.0M | −$18.0M | −15.13% |
| Q3 2025 | 2025-11-01 | $93.0M | −$35.0M | −27.34% |
| Q2 2025 | 2025-08-02 | $79.0M | −$38.0M | −32.48% |
| Q1 2025 | 2025-05-03 | $100.0M | −$54.0M | −35.06% |
| Q4 2024 | 2025-02-01 | $119.0M | −$27.0M | −18.49% |
| Q3 2024 | 2024-11-02 | $128.0M | $33.0M | +34.74% |
| Q2 2024 | 2024-08-03 | $117.0M | −$58.0M | −33.14% |
| Q1 2024 | 2024-05-04 | $154.0M | −$61.0M | −28.37% |
| Q4 2023 | 2024-02-03 | $146.0M | −$87.0M | −37.34% |
| Q3 2023 | 2023-10-28 | $95.0M | −$182.0M | −65.70% |
| Q2 2023 | 2023-07-29 | $175.0M | −$32.0M | −15.46% |
| Q1 2023 | 2023-04-29 | $215.0M | $44.0M | +25.73% |
| Q4 2022 | 2023-01-28 | $233.0M | $109.0M | +87.90% |
| Q3 2022 | 2022-10-29 | $277.0M | $189.0M | +214.77% |
| Q2 2022 | 2022-07-30 | $207.0M | $126.0M | +155.56% |
| Q1 2022 | 2022-04-30 | $171.0M | $110.0M | +180.33% |
| Q4 2021 | 2022-01-29 | $124.0M | $76.0M | +158.33% |
| Q3 2021 | 2021-10-30 | $88.0M | $26.0M | +41.94% |
| Q2 2021 | 2021-07-31 | $81.0M | −$25.0M | −23.58% |
| Q1 2021 | 2021-05-01 | $61.0M | −$61.0M | −50.00% |
| Q4 2020 | 2021-01-30 | $48.0M | −$231.0M | −82.80% |
| Q3 2020 | 2020-10-31 | $62.0M | −$183.0M | −74.69% |
| Q2 2020 | 2020-08-01 | $106.0M | −$68.0M | −39.08% |
| Q1 2020 | 2020-05-02 | $122.0M | −$82.0M | −40.20% |
| Q4 2019 | 2020-02-01 | $279.0M | $90.0M | +47.62% |
| Q3 2019 | 2019-11-02 | $245.0M | $52.0M | +26.94% |
| Q2 2019 | 2019-08-03 | $174.0M | $31.0M | +21.68% |
| Q1 2019 | 2019-05-04 | $204.0M | $72.0M | +54.55% |
| Q4 2018 | 2019-02-02 | $189.0M | $61.0M | +47.66% |
| Q3 2018 | 2018-11-03 | $193.0M | $81.0M | +72.32% |
| Q2 2018 | 2018-08-04 | $143.0M | $13.0M | +10.00% |
| Q1 2018 | 2018-05-05 | $132.0M | $15.0M | +12.82% |
| Q4 2017 | 2018-02-03 | $128.0M | −$17.0M | −11.72% |
| Q3 2017 | 2017-10-28 | $112.0M | −$46.0M | −29.11% |
| Q2 2017 | 2017-07-29 | $130.0M | −$10.0M | −7.14% |
| Q1 2017 | 2017-04-29 | $117.0M | −$36.0M | −23.53% |
| Q4 2016 | 2017-01-28 | $145.0M | −$41.0M | −22.04% |
| Q3 2016 | 2016-10-29 | $158.0M | −$66.0M | −29.46% |
| Q2 2016 | 2016-07-30 | $140.0M | −$47.0M | −25.13% |
| Q1 2016 | 2016-04-30 | $153.0M | −$27.0M | −15.00% |
| Q4 2015 | 2016-01-30 | $186.0M | −$37.0M | −16.59% |
| Q3 2015 | 2015-10-31 | $224.0M | $12.0M | +5.66% |
| Q2 2015 | 2015-08-01 | $187.0M | $3.0M | +1.63% |
| Q1 2015 | 2015-05-02 | $180.0M | $29.0M | +19.21% |
| Q4 2014 | 2015-01-31 | $223.0M | −$3.0M | −1.33% |
| Q3 2014 | 2014-11-01 | $212.0M | $37.0M | +21.14% |
| Q2 2014 | 2014-08-02 | $184.0M | $43.0M | +30.50% |
| Q1 2014 | 2014-05-03 | $151.0M | $86.0M | +132.31% |
| Q4 2013 | 2014-02-01 | $226.0M | −$8.0M | −3.42% |
| Q3 2013 | 2013-11-02 | $175.0M | $21.0M | +13.64% |
| Q2 2013 | 2013-08-03 | $141.0M | −$1.0M | −0.70% |
| Q1 2013 | 2013-05-04 | $65.0M | −$103.0M | −61.31% |
| Q4 2012 | 2013-02-02 | $234.0M | $38.0M | +19.39% |
| Q3 2012 | 2012-10-27 | $154.0M | −$41.0M | −21.03% |
| Q2 2012 | 2012-07-28 | $142.0M | $39.0M | +37.86% |
| Q1 2012 | 2012-04-28 | $168.0M | $107.0M | +175.41% |
| Q4 2011 | 2012-01-28 | $196.0M | $60.0M | +44.12% |
| Q3 2011 | 2011-10-29 | $195.0M | $94.0M | +93.07% |
| Q2 2011 | 2011-07-30 | $103.0M | $37.0M | +56.06% |
| Q1 2011 | 2011-04-30 | $61.0M | $25.0M | +69.44% |
| Q4 2010 | 2011-01-29 | $136.0M | $19.0M | +16.24% |
| Q3 2010 | 2010-10-30 | $101.0M | $13.0M | +14.77% |
| Q2 2010 | 2010-07-31 | $66.0M | −$27.0M | −29.03% |
| Q1 2010 | 2010-05-01 | $36.0M | −$21.0M | −36.84% |
| Q4 2009 | 2010-01-30 | $117.0M | — | — |
| Q3 2009 | 2009-10-31 | $88.0M | −$174.0M | −66.41% |
| Q2 2009 | 2009-08-01 | $93.0M | — | — |
| Q1 2009 | 2009-05-02 | $57.0M | — | — |
| Q3 2008 | 2008-11-01 | $262.0M | — | — |
Macy's capital expenditures (capex) trends
Over the last five fiscal years, Macy's's capital expenditures (capex) increased from $338.0M to $373.0M, a change of $35.0M. The latest reported quarter, Q1 2026, shows $88.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Macy's source filings ↗Community posts
Macy’s raises its annual outlook after another quarter of sales growth
Macy’s ($M) increased its full-year sales and earnings forecasts after second-quarter net sales rose 1.1% to approximately $4.9 billion. Comparable sales increased 2.7%, while the go-forward business — the locations and digital operations r ...