M FY2025 SEC EDGAR DEF 14A #7 of 8 in industry

Macy's, Inc. CEO pay ratio

The CEO earned $14.1M in FY2025 against median worker pay of $38,296 · General Merchandise Stores.

General Merchandise Stores peers All rankings
State
DE
Filing date
2026-03-31
Industry
General Merchandise Stores
Industry rank
#7/8

Data updated August 2026

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CEO-to-worker pay ratio
368:1
High (Scale: 0–1000:1)
CEO pay
$14.1M
Median worker
$38,296

Answer first

Macy's, Inc.'s FY2025 CEO total of $14.1M ranks #334 of 1,423 complete filings; its 368:1 pay ratio ranks #142. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $38,296. Industry placement uses the FY2025 SIC-53 peer cohort (# 7 of 8, 25th percentile - below the industry median pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all General Merchandise Stores companies.

Dollar rank
#334
$14.1M of 1,423 FY2025
Ratio rank
#142
368:1 of 1,423
Industry pct
25th
below the industry median pay ratio

How Macy's, Inc. ranks nationally

Macy's, Inc. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$14,104,067 Top 23% higher than 77% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). Below this entry. $12,500,000–$15,000,000: 91 companies (6%). This entry sits in this band. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Macy's, Inc. vs. General Merchandise Stores peers

CEO total pay ($14.1M) against pay ratio (368:1) for Macy's, Inc. (marked) and its 5 closest same-industry peers, against the General Merchandise Stores industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both3842746.710494651.91714655723798462.230450367.3105.4:1328.7:1552:1775.3:1998.6:1CEO total payPay ratio (CEO : median worker)Macy's, Inc., CEO total pay: 14104067 · Pay ratio (CEO : median worker): 368:1Macy's, Inc.Ollie's Bargain Outlet Holdings, Inc., CEO total pay: 5052184 · Pay ratio (CEO : median worker): 146:1Ollie's Bargain Outlet Holdings, Inc.KOHLS Corp, CEO total pay: 9404387 · Pay ratio (CEO : median worker): 593:1KOHLS CorpBJ's Wholesale Club Holdings, Inc., CEO total pay: 16678036 · Pay ratio (CEO : median worker): 622:1BJ's Wholesale Club Holdings, Inc.Dollar Tree, Inc., CEO total pay: 14770954 · Pay ratio (CEO : median worker): 911:1Dollar Tree, Inc.Walmart Inc., CEO total pay: 29240930 · Pay ratio (CEO : median worker): 958:1Walmart Inc.
Macy's, Inc. vs. General Merchandise Stores peers, plotted against the industry's $14.4M median CEO total and 767:1 median pay ratio.

Ratio bands among General Merchandise Stores peers

Exclusive CEO-to-median-worker bands across 8 complete latest-FY filings in SIC 53. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Macy's, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Macy's, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
368:1
FY2025
vs prior FY
-49:1
from FY2024 417:1
CEO $ YoY
-14%
$14.1M latest
Filings shown
5
FY2021–2025
Macy's, Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $12.3M - $28,037 438:1 -
2022 $11.1M -10% $29,274 378:1 -60:1
2023 $11.8M +6.9% $34,438 343:1 -35:1
2024 $16.5M +39% $39,469 417:1 +74:1
2025 $14.1M -14% $38,296 368:1 -49:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 794367, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - General Merchandise Stores

This Company's Ratio
368:1
Industry Median Ratio
767:1
Industry Median CEO Pay
$14.4M
This CEO's Pay
$14.1M
Companies in Industry
8
vs. Industry Median
Below
#7 of 8 by pay ratio in this industry View all companies in General Merchandise Stores →

Macy's, Inc.: HIGH · HEAVY pay ratio

Macy's, Inc.'s FY2025 ratio 368:1 ranks #7 of 8 General Merchandise Stores filers (25th percentile). the CEO earned 368× the median employee ($38,296) in FY2025.

Median employee $38,296 (LOW-MED); HIGH · HEAVY stamps put about 368 median-wage years per CEO year.

CEO Total Pay

$14.1M

FY2025 Summary Compensation, near median

Pay Ratio

368:1

Elevated vs. peers

Macy's, Inc. in the lower General Merchandise Stores third

Macy's, Inc.'s FY2025 ratio 368:1 ranks #7 of 8 General Merchandise Stores filers (25th percentile). The structured pay-ratio disclosure reports the total without line-item components. General Merchandise Stores (SIC 53) median ratio is 767:1 across 8 FY2025 filers; Macy's, Inc.'s $14.1M CEO total is at or below the $14.4M industry median CEO pay.

Dollar rank #334 and ratio rank #142 split - treat 368:1 as a disclosure, not a fairness score. Open General Merchandise Stores peers.

Key Data, FY2025

Total Compensation
$14.1M
Median Employee Pay
$38,296
Pay Ratio
368:1
Filing Date
2026-03-31

Company Info

Ticker
M
CIK
794367
Industry
General Merchandise Stores
SIC Code
5311
State
DE
View SEC filings →
SEC EDGAR DEF 14A for CIK 794367, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Macy's, Inc.'s FY2025 ratio 368:1 ranks #7 of 8 General Merchandise Stores filers (25th percentile).

Read with Macy's, Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps HIGH · HEAVY · LOW-MED.

Invitation Homes Inc. · HEAVY

ABS(ceo_total_comp) peer at $14.1M (Δ $962 lighter vs Macy's, Inc.); STEEP · HIGH-MED vs this page's HIGH · HEAVY · LOW-MED.
Teradyne, Inc · HEAVY

ABS(ceo_total_comp) peer at $14.1M (Δ $4K heavier vs Macy's, Inc.); MID · HIGH-MED vs this page's HIGH · HEAVY · LOW-MED.
Ameren Corp · HEAVY

ABS(ceo_total_comp) peer at $14.1M (Δ $48K lighter vs Macy's, Inc.); MID · ELITE-MED vs this page's HIGH · HEAVY · LOW-MED.
Boyd Gaming Corp · HEAVY

ABS(ceo_total_comp) peer at $14.2M (Δ $54K heavier vs Macy's, Inc.); HIGH · LOW-MED vs this page's HIGH · HEAVY · LOW-MED.
Ollie's Bargain Outlet Holdings, Inc. (SIC 53 pole)

Ollie's Bargain Outlet Holdings, Inc. stamps MID · MID$ nearest in-SIC by ABS(pay_ratio) to Macy's, Inc.'s HIGH filing.
National dual ranks · #334/#142

Macy's, Inc.'s FY2025 package sits #334 by CEO dollars and #142 by ratio under HEAVY · HIGH.
Comp structure · HEAVY

Macy's, Inc.'s HEAVY CEO total is equity-sensitive - read what grant-date fair value does and does not mean.
Data sourced from SEC EDGAR DEF 14A for Macy's, Inc. (CIK 794367), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.