M
Macy's, Inc.
Stock
$22.77−0.50 (−2.15%)Close Sep 30, 2026
Income statement
| Line | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.8B | $22.6B | $23.0B | $23.9B | $25.4B | $25.4B | $17.3B | $24.6B | $25.0B | $24.9B | $25.9B | $27.1B | $28.1B | $27.9B | $27.7B | $26.4B | $25.0B | $23.5B | $24.9B | $26.3B |
| Cost of revenue | $13.5B | $13.5B | $13.7B | $14.2B | $15.3B | $15.0B | $12.3B | $15.2B | $15.2B | $15.3B | $15.8B | $16.5B | $16.9B | $16.7B | $16.5B | $15.7B | $14.8B | $14.0B | $15.0B | $15.7B |
| Gross profit | $9.3B | $9.1B | $9.3B | $9.6B | $10.1B | $10.4B | $5.1B | $9.4B | $9.8B | $9.7B | $10.2B | $10.6B | $11.2B | $11.2B | $11.1B | $10.7B | $10.2B | $9.5B | $9.9B | $10.6B |
| SG&A | $8.3B | $8.2B | $8.3B | $8.4B | $8.5B | $8.2B | $6.8B | $9.0B | $9.0B | $9.0B | $9.3B | $8.5B | $8.4B | $8.4B | $8.5B | $8.3B | $8.3B | $8.1B | $8.5B | $8.6B |
| Other operating expenses | — | — | $27M | $966M | — | — | $2.8B | — | — | — | — | $76M | $87M | $88M | — | — | — | $391M | $5.8B | $219M |
| Operating income | $1.1B | $1.0B | $909M | $301M | $1.7B | $2.3B | −$4.5B | $970M | $1.7B | $1.9B | $1.4B | $2.0B | $2.8B | $2.7B | $2.7B | $2.4B | $1.9B | $1.1B | −$4.4B | $1.9B |
| Non-operating income | −$156M | −$181M | −$146M | −$258M | −$212M | −$484M | −$315M | −$242M | −$318M | −$348M | −$406M | −$361M | −$410M | −$388M | −$559M | −$443M | −$574M | −$556M | −$560M | −$543M |
| Pretax income | $987M | $849M | $763M | $43M | $1.5B | $1.9B | −$4.8B | $728M | $1.4B | $1.5B | $965M | $1.7B | $2.4B | $2.3B | $2.1B | $2.0B | $1.3B | $507M | −$4.9B | $1.3B |
| Taxes | $237M | $207M | $181M | −$2.0M | $331M | $432M | −$846M | $164M | $312M | −$50M | $338M | $606M | $864M | $804M | $767M | $712M | $473M | $178M | −$163M | $427M |
| Net income | $750M | $642M | $582M | $45M | $1.1B | $1.4B | −$3.9B | $564M | $1.1B | $1.6B | $627M | $1.1B | $1.5B | $1.5B | $1.3B | $1.3B | $847M | $329M | −$4.8B | $893M |
| Diluted EPS | $2.73 | $2.32 | $2.07 | $0.16 | $4.08 | $4.52 | −$12.68 | $1.81 | $3.56 | $5.10 | $2.02 | $3.22 | $4.22 | $3.86 | $3.24 | $2.92 | $1.98 | $0.78 | −$11.34 | $1.97 |
| Diluted shares | — | 276.5M | 281.6M | 278.2M | 281.1M | 314.0M | 311.1M | 311.4M | 311.4M | 306.8M | 310.8M | 333.0M | 361.7M | 384.8M | 412.2M | 430.4M | 427.3M | 423.2M | 421.2M | — |
| Revenue growth | — | −1.7% | −3.6% | −6.2% | +0.2% | +46.4% | −29.4% | −1.6% | +0.1% | −3.7% | −4.3% | −3.7% | +0.6% | +0.9% | +4.9% | +5.6% | +6.4% | −5.6% | −5.4% | — |
| Gross margin | 40.7% | 40.3% | 40.3% | 40.4% | 39.7% | 41.1% | 29.2% | 38.2% | 39.1% | 38.8% | 39.2% | 39.1% | 40.0% | 40.1% | 40.3% | 40.4% | 40.7% | 40.5% | 39.7% | 40.4% |
| Operating margin | 5.0% | 4.6% | 4.0% | 1.3% | 6.6% | 9.2% | −25.8% | 3.9% | 7.0% | 7.5% | 5.3% | 7.5% | 10.0% | 9.6% | 9.6% | 9.1% | 7.6% | 4.5% | −17.6% | 7.1% |
| Net margin | 3.3% | 2.8% | 2.5% | 0.2% | 4.5% | 5.6% | −22.7% | 2.3% | 4.4% | 6.3% | 2.4% | 4.0% | 5.4% | 5.3% | 4.8% | 4.8% | 3.4% | 1.4% | −19.2% | 3.4% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.