M
Macy’s Inc
NYSE: M · CONSUMER CYCLICAL · DEPARTMENT STORES
$19.30
-0.67% today
Updated 2026-04-29
Market cap
$5.09B
P/E ratio
8.32
P/S ratio
0.23x
EPS (TTM)
$2.32
Dividend yield
3.76%
52W range
$10 – $24
Volume
7.3M
Macy’s Inc (M) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.97B | $26.31B | $24.89B | $23.49B | $25.00B | $26.41B | $27.69B | $27.93B | $28.11B | $27.08B | $26.56B | $25.64B | $25.74B | $25.33B | $18.10B | $25.40B | $25.45B | $23.87B | $23.01B | $22.62B |
| Revenue growth (YoY) | — | -2.4% | -5.4% | -5.6% | +6.4% | +5.6% | +4.9% | +0.9% | +0.6% | -3.7% | -1.9% | -3.5% | +0.4% | -1.6% | -28.6% | +40.3% | +0.2% | -6.2% | -3.6% | -1.7% |
| Cost of revenue | $16.20B | $15.68B | $15.01B | $13.97B | $14.82B | $15.74B | $16.54B | $16.73B | $16.86B | $16.50B | $15.67B | $15.18B | $15.21B | $15.17B | $12.29B | $14.96B | $15.31B | $14.22B | $13.74B | $14.35B |
| Gross profit | $10.77B | $10.64B | $9.88B | $9.52B | $10.18B | $10.67B | $11.15B | $11.21B | $11.24B | $10.58B | $10.90B | $10.46B | $10.52B | $10.16B | $5.81B | $10.44B | $10.00B | $9.64B | $9.27B | $8.27B |
| Gross margin | 39.9% | 40.4% | 39.7% | 40.5% | 40.7% | 40.4% | 40.3% | 40.1% | 40.0% | 39.1% | 41.0% | 40.8% | 40.9% | 40.1% | 32.1% | 41.1% | 39.3% | 40.4% | 40.3% | 36.5% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $8.49B | $8.55B | $8.48B | $8.06B | $8.26B | $8.28B | $8.48B | $8.44B | $8.36B | $8.47B | $9.36B | $9.06B | $9.13B | $9.06B | $6.85B | $8.15B | $8.36B | $8.38B | $8.33B | $8.24B |
| Operating income | $1.84B | $1.86B | $-4.38B | $1.06B | $1.89B | $2.41B | $2.66B | $2.68B | $2.80B | $2.04B | $1.37B | $1.86B | $1.74B | $970.00M | $-4.47B | $2.35B | $1.73B | $301.00M | $909.00M | $1.03B |
| Operating margin | 6.8% | 7.1% | -17.6% | 4.5% | 7.6% | 9.1% | 9.6% | 9.6% | 10.0% | 7.5% | 5.2% | 7.3% | 6.8% | 3.8% | -24.7% | 9.3% | 6.8% | 1.3% | 4.0% | 4.6% |
| EBITDA | $3.50B | $3.35B | $-3.07B | $2.31B | $3.01B | $3.52B | $3.60B | $3.71B | $3.83B | $3.12B | $2.41B | $2.84B | $2.65B | $1.92B | $-3.54B | $3.00B | $2.52B | $1.07B | $1.76B | $1.92B |
| EBITDA margin | 13.0% | 12.8% | -12.3% | 9.8% | 12.1% | 13.3% | 13.0% | 13.3% | 13.6% | 11.5% | 9.1% | 11.1% | 10.3% | 7.6% | -19.6% | 11.8% | 9.9% | 4.5% | 7.6% | 8.5% |
| EBIT | $2.29B | $2.08B | $-4.35B | $1.10B | $1.86B | $2.44B | $2.55B | $2.69B | $2.80B | $2.06B | $1.35B | $1.85B | $1.69B | $938.00M | $-4.50B | $2.13B | $1.66B | $178.00M | $878.00M | $1.03B |
| Interest expense | $0.00 | $0.00 | $588.00M | $595.00M | $544.00M | $470.00M | $444.00M | $405.00M | $407.00M | $384.00M | $389.00M | $330.00M | $268.00M | $210.00M | $289.00M | $259.00M | $162.00M | $135.00M | $115.00M | $97.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $995.00M | $893.00M | $-4.80B | $329.00M | $847.00M | $1.26B | $1.33B | $1.49B | $1.53B | $1.07B | $627.00M | $1.57B | $1.11B | $564.00M | $-3.94B | $1.43B | $1.18B | $45.00M | $582.00M | $642.00M |
| Net income growth (YoY) | — | -10.3% | -637.8% | +106.8% | +157.4% | +48.3% | +6.3% | +11.3% | +2.7% | -29.8% | -41.5% | +149.8% | -29.2% | -49.1% | -799.3% | +136.3% | -17.7% | -96.2% | +1193.3% | +10.3% |
| Profit margin | 3.7% | 3.4% | -19.3% | 1.4% | 3.4% | 4.8% | 4.8% | 5.3% | 5.4% | 4.0% | 2.4% | 6.1% | 4.3% | 2.2% | -21.8% | 5.6% | 4.6% | 0.2% | 2.5% | 2.8% |