SmarterDividends
M

Macy's (M) Total Return Calculator

$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026

$10,000 invested in Macy's (M) ten years ago, at the end of Oct 2016, was worth $10,199 at the end of Oct 2026 with every dividend reinvested: 0.2% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $17,345 reinvested (3.0% a year), or $15,372 taking the dividends as cash, $6,053 of it paid out along the way.

Payouts
Compare with

M became

$17,345

S&P 500: $72,756

Return a year

3.0%

S&P 500: 11.1%

Payouts reinvested

$7,932

bought more shares

Worst drop

-90.6%

S&P 500: -48.2%

$10,000, Dec 2007 to Oct 2026

Payouts reinvested · S&P 500 reinvested

YearM total returnPaid outS&P 500
2026 (part)+12.3%$412+11.7%
2025+36.4%$489+17.7%
2024−12.4%$472+24.9%
2023+1.6%$428+26.2%
2022−18.7%$366−18.2%
2021+135.9%$208+28.7%
2020−31.1%$127+18.3%
2019−38.2%$822+31.2%
2018+23.6%$753−4.6%
2017−25.3%$725+21.7%
2016+6.5%$683+12.0%
2015−45.4%$608+1.2%
2014+25.6%$534+13.5%
2013+39.7%$410+32.3%
2012+23.8%$341+16.0%
2011+28.8%$163+1.9%
2010+52.4%$94+15.1%
2009+64.5%$95+26.4%
2008−58.7%$202−36.8%

"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.

Key facts: M total return

Data as of · Source: SmarterDividends data

  • $10,000 invested in Macy's (M) at the end of Dec 2007, with dividends reinvested, was worth $17,345 at the end of Oct 2026: 3.0% a year, against $72,756 (11.1% a year) in the S&P 500.
  • Over the 10 years to Oct 2026, M turned $10,000 into $10,199 with dividends reinvested, 0.2% a year.
  • Over the 5 years to Oct 2026, M returned 2.0% a year with dividends reinvested (S&P 500: 12.0%).
  • Taking M's dividends as cash instead of reinvesting them, the same $10,000 ended at $15,372, including $6,053 of cash received; reinvesting added $1,973.
  • About 100% of M's yearly total return since Dec 2007 came from dividends; the rest came from the share price.
  • M's best calendar year in that time was 2021 (135.9%) and its worst 2008 (-58.7%), with dividends reinvested.
Cite this page

SmarterDividends, "Macy's (M) Total Return Calculator," updated Nov 6, 2026, https://smarterdividends.com/stocks/M/total-return

M total return questions

If I invested $10,000 in M 10 years ago, how much would I have?

About $10,199 at the end of Oct 2026, with every dividend reinvested: 0.2% a year. Taking them as cash, you'd have shares worth $6,607 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.

What is M's total return since Dec 2007?

73% in total, or 3.0% a year, through Oct 2026 with dividends reinvested. The share price alone fell 7%.

How much of M's return came from dividends?

About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $1,973 better off on a $10,000 start.

What was M's worst year?

2008, at -58.7% with dividends reinvested (S&P 500: -36.8%). Its deepest fall from a peak, on month-end values, was -90.6%.

How is total return calculated here?

From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.