Macy’s Inc (M)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 582,000 | 170,000 | 71,000 | -36,000 | -55,000 | -7,000 | 42,000 | 154,000 | 266,000 | 797,000 | 1,328,000 | 1,281,000 | 1,234,000 | 1,000,000 | 766,000 | 944,000 | 1,578,000 | 2,046,000 | 2,010,000 | 1,963,000 |
| 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 |
| Net profit margin | 2.53% | 0.73% | 0.26% | -0.13% | -0.21% | -0.03% | 0.20% | 0.74% | 1.27% | 3.30% | 4.84% | 4.62% | 4.40% | 3.95% | 3.39% | 4.17% | 6.04% | 7.07% | 6.99% | 6.89% |
January 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $582,000K ÷ $23,006,000K
= 2.53%
The net profit margin of Macy’s Inc has exhibited fluctuations over the period from January 31, 2022, to January 31, 2025. Starting at 6.89% in January 2022, the margin slightly increased to 6.99% by April 2022, and further improved to 7.07% by July 2022. However, there was a notable decline to 4.17% by October 2022, followed by a more significant drop to 3.39% in the same month. The margin recovered to 4.40% by January 2023, and showed a slight increase to 4.84% by April 2023. Subsequently, the margin declined to 1.27% by July 2023 and further decreased to 0.20% by October 2023. Moving into 2024, the net profit margin turned negative, reaching -0.21% in February and improving slightly to -0.03% by January. However, by July 2024, the margin returned to positive figures at 0.26%, eventually reaching 2.53% by January 2025. This analysis indicates the fluctuating profitability performance of Macy’s Inc over the period, highlighting the company's challenges in maintaining consistent profit margins.
Peer comparison
Jan 31, 2025