Macy’s Inc (M)
Profitability ratios
Return on sales
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 0.62% | 2.69% | 2.08% | 2.16% | 1.97% | 2.84% | 3.37% | 4.07% | 3.38% | 2.42% | 0.38% | -5.41% | -30.33% | -26.66% | -23.68% | -18.07% | 1.05% | 2.77% | 3.11% | 3.66% |
| Operating profit margin | 1.60% | 4.69% | 5.04% | 6.03% | 6.80% | 8.11% | 9.48% | 10.38% | 9.75% | 7.80% | 5.19% | -0.75% | -25.84% | -22.77% | -20.45% | -15.08% | 3.91% | 5.84% | 6.16% | 6.73% |
| Pretax margin | 0.52% | 3.59% | 3.85% | 5.34% | 5.96% | 7.30% | 8.03% | 8.46% | 7.74% | 5.38% | 3.28% | -2.60% | -27.64% | -24.54% | -21.90% | -16.13% | 2.96% | 5.00% | 5.22% | 5.54% |
| Net profit margin | 0.44% | 2.85% | 3.06% | 4.18% | 4.63% | 5.53% | 6.10% | 6.44% | 5.93% | 3.80% | 2.47% | -1.37% | -22.76% | -19.84% | -18.13% | -14.18% | 2.28% | 3.86% | 4.06% | 4.36% |
Macy's Inc profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has ranged from negative figures to a high of 4.07%, reflecting challenges in managing costs and generating revenue. However, the operating profit margin has displayed more stability, ranging from a low of -25.84% to a high of 10.38%, indicating varying levels of operational efficiency and effectiveness in controlling expenses.
The pretax margin has also shown variability, with a low of -27.64% and a high of 8.46%, suggesting fluctuations in pre-tax profitability before accounting for taxes. The net profit margin, reflecting Macy's bottom line profitability, has been somewhat volatile, ranging from a low of -22.76% to a high of 6.44%, indicating challenges in maintaining consistent profitability amidst changing market conditions and operational challenges.
Overall, Macy's Inc profitability ratios demonstrate the company's efforts to adapt to a challenging retail environment, with varying degrees of success in managing costs, generating revenue, and ultimately translating these efforts into bottom line profitability. Monitoring these ratios over time can provide insights into the company's financial performance and operational efficiency.
Return on investment
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 2.36% | 6.24% | 7.58% | 8.96% | 10.26% | 11.35% | 14.69% | 15.31% | 13.36% | 9.50% | 5.90% | -0.79% | -25.28% | -22.47% | -23.50% | -18.05% | 4.58% | 6.48% | 7.50% | 8.00% |
| Return on assets (ROA) | 0.65% | 3.78% | 4.60% | 6.21% | 6.98% | 7.75% | 9.44% | 9.50% | 8.13% | 4.63% | 2.81% | -1.43% | -22.27% | -19.58% | -20.84% | -16.97% | 2.66% | 4.28% | 4.94% | 5.18% |
| Return on total capital | 5.66% | 17.56% | 18.20% | 22.61% | 25.49% | 34.90% | 36.76% | 39.34% | 30.87% | 49.70% | 32.14% | -6.65% | -176.46% | -196.57% | -181.58% | -125.81% | 14.62% | 24.10% | 24.48% | 26.03% |
| Return on equity (ROE) | 2.56% | 16.53% | 17.81% | 25.11% | 28.86% | 40.63% | 43.70% | 49.21% | 39.49% | 28.16% | 16.43% | -9.68% | -154.45% | -167.77% | -157.92% | -116.91% | 8.84% | 15.92% | 16.22% | 17.46% |
Macy's Inc profitability ratios exhibit a fluctuating trend over the past few years. The operating return on assets (Operating ROA) decreased notably from January 2020 to October 2020, reaching negative values in 2021 and 2022, before showing a positive recovery by 2024, though still below the peak levels seen in 2019. The Return on assets (ROA) also followed a similar pattern, with a dip into negative territory in 2020 and 2021, but showing improvement to positive values by 2024. Return on total capital and Return on equity (ROE) demonstrated a trend of volatility with significant declines in 2021 and 2022, before displaying a gradual recovery towards positive values in the later years. Overall, the profitability ratios of Macy's Inc suggest a challenging period in the recent past that is gradually improving towards more favorable levels.