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
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Macy's, Inc. (M) Operating margin
Macy's, Inc.'s operating margin over the twelve months to 31 July 2026 was 5.02%, up 0.5 percentage points from fiscal 2026 (4.55%). Over the past ten years it has ranged from −24.7% (fiscal 2021) to 9.96% (fiscal 2015); the current reading is higher than 42% of that period. That is above the Consumer Cyclical sector median of 3.88%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 4.55% | 0.60 |
| FY2025 | 3.95% | 2.69 |
| FY2024 | 1.26% | (5.38) |
| FY2023 | 6.64% | (2.61) |
| FY2022 | 9.25% | 33.98 |
| FY2021 | −24.7% | (28.56) |
| FY2020 | 3.83% | (2.92) |
| FY2019 | 6.75% | (0.52) |
| FY2018 | 7.27% | 2.11 |
| FY2017 | 5.16% | (2.37) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jul 2026 | 4.82% | 2.53 |
| Apr 2026 | 2.29% | (7.12) |
| Jan 2026 | 9.41% | 8.56 |
| Oct 2025 | 0.85% | (2.13) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| JMKE Jersey Mike�s Subs Inc. compare | 38.3% |
| CHDN Churchill Downs, Incorporated compare | 25.5% |
| BIRK Birkenstock Holding PLC compare | 24.3% |
| HRB H&R Block, Inc. compare | 23.0% |
| LNWO Light & Wonder, Inc. compare | 20.3% |
| M Macy's, Inc. | 5.02% |
| LAD Lithia Motors, Inc. compare | 4.05% |
| FTDR Frontdoor Inc. compare | 0.00% |
| ZGN Ermenegildo Zegna N.V. compare | 0.00% |
| Consumer Cyclical sector median | 3.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Net income
- EPS (diluted)
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- Free cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
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- Book value per share
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