Macy’s Inc (M)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 929,000 | 358,000 | 1,188,000 | 1,289,000 | 1,232,000 | 1,427,000 | 657,000 | 578,000 | 736,000 | 1,288,000 | 1,840,000 | 1,788,000 | 1,736,000 | 1,461,000 | 1,184,000 | 1,455,000 | 2,278,000 | 2,892,000 | 3,016,000 | 3,076,000 |
| 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 |
| Operating profit margin | 4.04% | 1.53% | 4.43% | 4.81% | 4.59% | 6.01% | 3.18% | 2.78% | 3.52% | 5.33% | 6.70% | 6.44% | 6.19% | 5.77% | 5.25% | 6.43% | 8.73% | 9.99% | 10.48% | 10.80% |
January 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $929,000K ÷ $23,006,000K
= 4.04%
Based on the provided data for Macy's Inc, the operating profit margin has shown fluctuations over the specified time period.
The operating profit margin started at 10.80% in January 2022 but gradually declined to 1.53% by October 2024. There were periods of slight recovery in the margin, such as in April 2023 and January 2024 when it increased to 6.70% and 6.01% respectively.
However, in general, the trend indicates a gradual decrease in the operating profit margin, with significant drops observed between October 2023 and January 2024, as well as between July 2023 and October 2023.
It is crucial for Macy's Inc to closely monitor and assess the factors contributing to the decline in operating profit margin to implement strategic measures aimed at improving profitability and maintaining a healthy financial performance.
Peer comparison
Jan 31, 2025