Macy's, Inc.

M Consumer Cyclical Department Stores

Macy's, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $22.6 billion, down 1.67% from fiscal 2025.

Revenue
+1.20%
EPS
+100.0%
Free cash flow
−17.4%
Total debt
−7.35%

Quarter to July 2026, against a year earlier

24.27 1.43 −5.56%
Market cap
$6.3B
P/E
8.6×
Fwd P/E
10.1×
Dividend yield
3.12%
F-score
8/9
Altman Z
2.65
Beneish M
−1.80
Dividend safety
78/100

Macy's, Inc. (M) Gross margin

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Macy's, Inc.'s gross margin over the twelve months to 31 July 2026 was 40.7%, up 0.4 percentage points from fiscal 2026 (40.3%). Over the past ten years it has ranged from 32.1% (fiscal 2021) to 41.1% (fiscal 2022); the current reading is higher than 58% of that period. That is above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 40.3% 0.05
FY2025 40.3% (0.12)
FY2024 40.4% 0.70
FY2023 39.7% (1.42)
FY2022 41.1% 9.01
FY2021 32.1% (8.00)
FY2020 40.1% (0.78)
FY2019 40.9% 0.10
FY2018 40.8% (0.24)
FY2017 41.0% 1.95

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 43.7% 2.16
Apr 2026 41.5% 4.03
Jan 2026 37.5% (4.38)
Oct 2025 41.9% (0.10)
43 more quarters

Against its own ten years

Low 32.1% High 41.1%
Ten-year median 40.3%
Current reading's percentile 70

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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