Financial Statements

Macy's, Inc. (M)

$22.53

-0.16 (-0.71%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 3,9287,9898,0507,174-
Net Income 1,430-3,9445641,1081,547
Stock Dividends ---1592316,088
Dividend Paid -90-117-466-463-461
Retained Earnings 5,2683,9287,9898,0507,174

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 8,8189,3016,6376,672-
Annual Depreciation 252-173,8218977,432
Capital Expenditure -597-466-1,157-932-760
Net PPE 8,4738,8189,3016,6376,672

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -3,8973,9083,908828
New Purchases -----
Intangible and Goodwill 3,8973,9083,908828828

Macy's, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Macy's, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.