Macy’s Inc (M)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 382,000 | 1,730,000 | 2,350,000 | -4,475,000 | 970,000 |
| Revenue | US$ in thousands | 23,866,000 | 25,449,000 | 24,097,000 | 17,123,000 | 24,489,000 |
| Operating profit margin | 1.60% | 6.80% | 9.75% | -26.13% | 3.96% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $382,000K ÷ $23,866,000K
= 1.60%
Macy's Inc operating profit margin has shown variation over the past five years. The operating profit margin was 1.60% on February 3, 2024, significantly lower compared to 6.80% on January 28, 2023, and 9.75% on January 29, 2022. In the prior year, on January 30, 2021, Macy's Inc reported a negative operating profit margin of -26.13%, indicating operational losses. However, the company improved its performance in the following year, achieving an operating profit margin of 3.96% on February 1, 2020. Overall, Macy's Inc has experienced fluctuations in its operating profit margin, reflecting varying operational efficiencies and profitability levels over the analyzed period.
Peer comparison
Feb 3, 2024