Macy’s Inc (M)
Net profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 582,000 | 105,000 | 105,000 | 1,177,000 | 1,177,000 |
| Revenue | US$ in thousands | 23,006,000 | 23,866,000 | 23,866,000 | 23,866,000 | 25,449,000 |
| Net profit margin | 2.53% | 0.44% | 0.44% | 4.93% | 4.62% |
January 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $582,000K ÷ $23,006,000K
= 2.53%
Based on the data provided for Macy's Inc, the net profit margin has shown some fluctuation over the past few years. In January 2023, the net profit margin was reported at 4.62%, which increased slightly to 4.93% by the end of January 2023. However, there was a significant decrease in the net profit margin to 0.44% by both January and February 2024.
This sharp decline in net profit margin could indicate potential challenges or inefficiencies within Macy's operations during that period. It is important for stakeholders to closely monitor factors such as costs, pricing strategies, and overall performance to address any issues that may be impacting profitability.
By January 2025, there was a slight improvement in the net profit margin, which stood at 2.53%. Going forward, Macy's Inc may need to focus on enhancing operational efficiency and cost management to sustain and improve its profitability in the competitive retail industry.
Peer comparison
Jan 31, 2025