Macy’s Inc (M)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 9,267,000 | 5,966,000 | 7,226,000 | 7,204,000 | 5,231,000 | 7,620,000 | 4,441,000 | 4,490,000 | 4,642,000 | 5,614,000 | 5,707,000 | 5,785,000 | 5,495,000 | 4,594,000 | 4,533,000 | 4,578,000 | 8,058,000 | 6,319,000 | 8,613,000 | 6,377,000 |
| Revenue (ttm) | US$ in thousands | 23,006,000 | 23,374,000 | 26,846,000 | 26,788,000 | 26,826,000 | 23,731,000 | 20,636,000 | 20,771,000 | 20,906,000 | 24,152,000 | 27,455,000 | 27,749,000 | 28,043,000 | 25,321,000 | 22,572,000 | 22,644,000 | 26,106,000 | 28,955,000 | 28,774,000 | 28,487,000 |
| Gross profit margin | 40.28% | 25.52% | 26.92% | 26.89% | 19.50% | 32.11% | 21.52% | 21.62% | 22.20% | 23.24% | 20.79% | 20.85% | 19.59% | 18.14% | 20.08% | 20.22% | 30.87% | 21.82% | 29.93% | 22.39% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,267,000K ÷ $23,006,000K
= 40.28%
The gross profit margin of Macy's Inc has shown fluctuations over the given time period. Starting at 22.39% in January 2022, the margin increased to 29.93% in April 2022. However, there was a decline in July 2022 to 21.82% before improving to 30.87% in the same month. The margin then decreased to 20.22% and 20.08% in October 2022. Subsequently, in January 2023, there was a further decline to 18.14%, followed by a slight increase to 19.59% in the same month.
In the following months, the gross profit margin remained relatively stable, with slight fluctuations between 20.79% and 23.24% up to July 31, 2023. There was a marginal decrease in October 2023 to 21.52%. However, the gross profit margin saw a significant improvement in January 31, 2024, reaching 32.11%.
It experienced a sharp decline in February 3, 2024, dropping to 19.50%, followed by a recovery to 26.89% in April 30, 2024, and maintaining a similar level in July 31, 2024, at 26.92%. Finally, by October 31, 2024, the margin decreased slightly to 25.52% before significantly increasing to 40.28% in January 31, 2025.
Overall, Macy's Inc has displayed varying gross profit margins over time, indicating fluctuations in its profitability and efficiency in managing production costs and pricing strategies.
Peer comparison
Jan 31, 2025