M
StockMacy's, Inc.
One email when a drop — in price or in valuation — is historically rare for M. Otherwise we stay quiet.
This is the kind of decline worth waking up for.
Macy's, Inc. is 49% off its high — among the deepest declines in its recorded history.
Valuation is notable too — P/S Severity Score 2.3, below its typical range.
Very Large
Current Drawdown
-49.0%
Days in Drawdown
4015
Avg Max Drawdown
6.3%
Avg Length
72
Drawdown Severity Score™
9.0
M - Price & High Water Mark
M - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of July 12, 2026 · updated daily
Where today's valuation sits within M's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Macy's, Inc. has been cheaper on this measure only about 36% of the time in 20 years of daily history.
Price to Sales history
EV to EBITDA
Macy's, Inc. has been cheaper on this measure only about 28% of the time in 20 years of daily history.
EV to EBITDA history · log scale
Macy's, Inc. (M) Analysis: Current Drawdown Insights
Macy's, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-15, the stock is trading at $23.76, which represents a 49.0% decline from its all-time high of $46.57. This drawdown has persisted for 4015 days.
Based on its full tracked price history, Macy's, Inc. typically experiences drawdowns averaging 6.3% in depth, with an average duration of 72 days. Macy's, Inc. has gone through 116 total drawdown events in its tracked history. The largest drawdown on record for Macy's, Inc. was 87.4%, beginning in 2007. The longest drawdown duration on record was 2179 days.
The Drawdown Severity Score™ for Macy's, Inc. currently stands at 8.98. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown: the asset almost never experiences declines of this magnitude in its tracked history.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Macy's, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 116 tracked pullbacks (64 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2015-07-18 | Ongoing | 4015 days | -49.0% | $46.57 | $23.76 | n/a |
| 2015-06-19 | 2015-07-15 | 27 days | -6.9% | $45.19 | $42.08 | $46.07 |
| 2015-06-15 | 2015-06-17 | 3 days | -1.1% | $44.53 | $44.05 | $44.81 |
| 2015-04-09 | 2015-06-12 | 65 days | -9.4% | $44.42 | $40.23 | $44.53 |
| 2015-04-07 | 2015-04-08 | 2 days | -0.3% | $43.36 | $43.24 | $44.42 |
| 2015-01-09 | 2015-04-02 | 83 days | -8.4% | $42.94 | $39.33 | $43.18 |
| 2015-01-02 | 2015-01-07 | 6 days | -1.3% | $41.64 | $41.09 | $42.78 |
| 2014-12-01 | 2014-12-29 | 29 days | -6.6% | $40.89 | $38.18 | $41.30 |
| 2014-11-25 | 2014-11-28 | 4 days | -1.3% | $40.55 | $40.02 | $40.89 |
| 2014-08-27 | 2014-11-20 | 86 days | -11.7% | $39.22 | $34.64 | $39.59 |
| 2014-04-03 | 2014-08-21 | 141 days | -9.1% | $37.80 | $34.35 | $38.04 |
| 2014-03-24 | 2014-03-31 | 8 days | -1.6% | $36.76 | $36.16 | $36.96 |
| 2014-03-18 | 2014-03-21 | 4 days | -0.6% | $36.72 | $36.50 | $36.76 |
| 2014-03-13 | 2014-03-17 | 5 days | -0.9% | $36.63 | $36.29 | $36.72 |
| 2014-02-27 | 2014-03-07 | 9 days | -1.1% | $35.98 | $35.57 | $36.03 |
| 2014-01-21 | 2014-02-25 | 36 days | -9.5% | $34.90 | $31.60 | $34.92 |
| 2014-01-13 | 2014-01-16 | 4 days | -1.0% | $34.66 | $34.30 | $34.78 |
| 2013-12-31 | 2014-01-09 | 10 days | -3.4% | $33.31 | $32.18 | $34.64 |
| 2013-11-29 | 2013-12-30 | 32 days | -3.7% | $33.07 | $31.84 | $33.31 |
| 2013-11-18 | 2013-11-22 | 5 days | -1.3% | $31.56 | $31.14 | $31.66 |
| 2013-07-10 | 2013-11-13 | 127 days | -15.4% | $30.94 | $26.17 | $31.31 |
| 2013-06-19 | 2013-07-08 | 20 days | -6.4% | $30.30 | $28.34 | $30.88 |
| 2013-05-22 | 2013-06-18 | 28 days | -4.2% | $30.21 | $28.94 | $30.30 |
| 2013-05-16 | 2013-05-17 | 2 days | -1.4% | $29.68 | $29.26 | $29.74 |
| 2013-05-13 | 2013-05-14 | 2 days | -0.7% | $28.86 | $28.65 | $28.96 |
| 2013-05-09 | 2013-05-10 | 2 days | -0.4% | $28.50 | $28.39 | $28.86 |
| 2013-05-06 | 2013-05-07 | 2 days | -0.5% | $28.25 | $28.11 | $28.42 |
| 2013-04-30 | 2013-05-03 | 4 days | -1.0% | $27.54 | $27.25 | $28.25 |
| 2013-04-26 | 2013-04-29 | 4 days | -0.3% | $27.36 | $27.27 | $27.54 |
| 2013-04-15 | 2013-04-25 | 11 days | -3.4% | $27.15 | $26.24 | $27.36 |
| 2013-04-11 | 2013-04-12 | 2 days | -0.1% | $27.11 | $27.08 | $27.15 |
| 2013-04-09 | 2013-04-10 | 2 days | -0.7% | $26.88 | $26.69 | $27.11 |
| 2013-04-05 | 2013-04-08 | 4 days | -0.4% | $26.62 | $26.52 | $26.88 |
| 2013-03-25 | 2013-04-04 | 11 days | -2.4% | $26.07 | $25.44 | $26.62 |
| 2013-03-21 | 2013-03-22 | 2 days | -0.9% | $26.00 | $25.77 | $26.07 |
| 2013-03-15 | 2013-03-20 | 6 days | -1.4% | $25.76 | $25.41 | $26.00 |
| 2007-03-26 | 2013-03-12 | 2179 days | -87.4% | $25.48 | $3.21 | $25.53 |
| 2007-03-22 | 2007-03-23 | 2 days | -0.2% | $25.32 | $25.28 | $25.48 |
| 2007-03-13 | 2007-03-19 | 7 days | -2.2% | $24.62 | $24.09 | $24.64 |
| 2007-03-09 | 2007-03-12 | 3 days | -1.0% | $24.55 | $24.30 | $24.62 |
| 2006-10-27 | 2007-03-08 | 133 days | -17.7% | $24.47 | $20.15 | $24.55 |
| 2006-10-25 | 2006-10-26 | 2 days | -1.1% | $24.46 | $24.20 | $24.47 |
| 2006-10-16 | 2006-10-24 | 9 days | -1.6% | $24.44 | $24.05 | $24.46 |
| 2006-10-06 | 2006-10-10 | 5 days | -0.7% | $23.77 | $23.60 | $23.81 |
| 2006-09-29 | 2006-10-03 | 5 days | -0.5% | $23.60 | $23.48 | $23.68 |
| 2006-09-21 | 2006-09-28 | 8 days | -4.1% | $23.25 | $22.29 | $23.60 |
| 2006-09-14 | 2006-09-20 | 7 days | -0.3% | $22.93 | $22.86 | $23.25 |
| 2006-05-09 | 2006-09-08 | 123 days | -15.5% | $21.36 | $18.04 | $21.48 |
| 2006-05-02 | 2006-05-08 | 7 days | -1.3% | $21.29 | $21.03 | $21.36 |
| 2006-04-07 | 2006-04-27 | 21 days | -5.4% | $20.91 | $19.77 | $20.94 |
| 2005-08-02 | 2006-04-05 | 247 days | -24.7% | $20.67 | $15.57 | $20.72 |
| 2005-04-06 | 2005-05-16 | 41 days | -11.2% | $17.28 | $15.35 | $17.34 |
| 1999-07-08 | 2004-11-15 | 1958 days | -58.7% | $14.85 | $6.14 | $14.88 |
| 1998-07-09 | 1999-07-06 | 363 days | -39.6% | $14.56 | $8.80 | $14.74 |
| 1998-04-02 | 1998-05-12 | 40 days | -10.6% | $13.70 | $12.24 | $13.83 |
| 1997-12-10 | 1998-02-25 | 78 days | -16.4% | $12.57 | $10.51 | $12.68 |
| 1997-09-23 | 1997-11-03 | 42 days | -9.5% | $11.80 | $10.68 | $11.97 |
| 1997-05-20 | 1997-07-24 | 66 days | -11.2% | $10.19 | $9.04 | $10.56 |
| 1997-03-21 | 1997-05-14 | 54 days | -16.5% | $9.89 | $8.26 | $10.12 |
| 1996-12-04 | 1997-03-11 | 98 days | -16.6% | $9.47 | $7.90 | $9.66 |
| 1996-05-29 | 1996-12-03 | 189 days | -18.3% | $9.47 | $7.74 | $9.47 |
| 1995-08-10 | 1996-02-23 | 198 days | -16.3% | $7.80 | $6.53 | $7.90 |
| 1993-05-21 | 1995-06-13 | 754 days | -27.5% | $6.53 | $4.73 | $6.82 |
| 1993-02-03 | 1993-05-19 | 105 days | -20.1% | $5.84 | $4.67 | $5.97 |
| 1992-02-06 | 1992-11-05 | 274 days | -32.6% | $4.51 | $3.04 | $4.57 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Macy's, Inc. (M) is trading at $23.76 as of Jul 15, 2026. It is 49.0% below its high of $46.57. The drawdown has lasted 4,015 days. Severity score: 9.0 (Very Large).
M Price History and Drawdown Data
Latest price
$23.76
High-water mark
$46.57
Current drawdown
-49.0%
Days in drawdown
4,015
This M page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Macy's, Inc. drawdowns.
What History Says About M
Macy's, Inc. has dropped 20%+ from its high 7 times in its tracked history. These events lasted an average of 840 days with an average max drop of -41.5%.
The current drawdown of -49.0% has lasted 4,015 days, which is 4.8x the average duration of comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Mar 2007 to Mar 2013 | -87.4% | 2179 days |
| Jul 1999 to Nov 2004 | -58.7% | 1958 days |
| Jul 1998 to Jul 1999 | -39.6% | 363 days |
| Feb 1992 to Nov 1992 | -32.6% | 274 days |
| May 1993 to Jun 1995 | -27.5% | 754 days |
| Aug 2005 to Apr 2006 | -24.7% | 247 days |
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