Macy’s Inc (M)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 105,000 | 1,177,000 | 1,430,000 | -3,944,000 | 564,000 |
| Revenue | US$ in thousands | 23,866,000 | 25,449,000 | 24,097,000 | 17,123,000 | 24,489,000 |
| Net profit margin | 0.44% | 4.62% | 5.93% | -23.03% | 2.30% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $105,000K ÷ $23,866,000K
= 0.44%
Macy's Inc's net profit margin has fluctuated over the past five years, as shown in the table. The net profit margin was 0.44% in February 2024, a significant decrease from 4.62% in January 2023 and 5.93% in January 2022. However, it was an improvement from the negative net profit margin of -23.03% in January 2021. The net profit margin of 2.30% in February 2020 indicates a moderate profitability level. Overall, Macy's Inc's net profit margin has shown variability, highlighting the company's changing profitability performance over the years.
Peer comparison
Feb 3, 2024
Company name
Symbol
Net profit margin
Macy’s Inc
M
0.44%
Burlington Stores Inc
BURL
3.49%
Kohls Corp
KSS
1.85%