Macy’s Inc (M)
Operating profit margin
Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 909,000 | 382,000 | 382,000 | 1,730,000 | 1,730,000 |
Revenue | US$ in thousands | 23,006,000 | 23,866,000 | 23,866,000 | 23,866,000 | 25,449,000 |
Operating profit margin | 3.95% | 1.60% | 1.60% | 7.25% | 6.80% |
January 31, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $909,000K ÷ $23,006,000K
= 3.95%
To analyze Macy’s Inc operating profit margin based on the provided data, we can observe fluctuations over multiple periods. In January 28, 2023, the operating profit margin was 6.80%, showing a relatively healthy level of profitability. Subsequently, by January 31, 2023, there was a slight improvement with the margin increasing to 7.25%.
However, there was a notable decline in the operating profit margin by January 31, 2024, where it dropped to 1.60%, signaling potential challenges in maintaining profitability. This decline was consistent as of February 3, 2024, where the operating profit margin remained at 1.60%.
Fortunately, there was a slight recovery in the operating profit margin by January 31, 2025, increasing to 3.95%. While this improvement is positive, it is essential for Macy’s Inc to focus on sustaining and potentially increasing this margin to ensure long-term financial stability and growth.
Peer comparison
Jan 31, 2025