Macy's, Inc. (M) — Financial statements
Income statement, balance sheet, and cash flow for Macy's, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 22,621↓1.7% | 23,006↓3.6% | 23,866↓6.2% | 25,449↑0.2% | 25,399 | |
| Cost of Revenue | 14,354↑4.5% | 13,740↓3.4% | 14,224↓7.3% | 15,347↑2.6% | 14,956 | |
| Gross Profit | 8,267↓10.8% | 9,266↓3.9% | 9,642↓4.6% | 10,102↓3.3% | 10,443 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 8,240 | 0.00↓100.0% | 8,375↑0.7% | 8,317↑2.0% | 8,154 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00↓100.0% | 144 | 0.00 | |
| SG&A Expenses | 8,240↓1.1% | 8,330↓0.5% | 8,375↓1.0% | 8,461↑3.8% | 8,154 | |
| Other Expenses | -1,003↓3814.8% | 27↓97.2% | 966↑2112.5% | -48↑21.3% | -61 | |
| Operating Expenses | 7,237↓13.4% | 8,357↓10.5% | 9,341↑11.0% | 8,413↑4.0% | 8,093 | |
| Total Costs & Expenses | 21,591↓2.3% | 22,097↓6.2% | 23,565↓0.8% | 23,760↑3.1% | 23,049 | |
| Operating Results | ||||||
| Operating Income | 1,030↑13.3% | 909↑202.0% | 301↓82.2% | 1,689↓28.1% | 2,350 | |
| Depreciation & Amortization | 894↑1.5% | 881↓1.8% | 897↑4.7% | 857↓1.9% | 874 | |
| EBITDA | 1,924↑9.4% | 1,759↑63.6% | 1,075↓56.9% | 2,496↓16.8% | 2,999 | |
| EBIT | 1,030↑17.3% | 878↑393.3% | 178↓89.1% | 1,639↓22.9% | 2,125 | |
| Interest & Other Income | ||||||
| Net Interest Income | -97↑15.7% | -115↑14.8% | -135↑16.7% | -162↑36.7% | -256 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 3 | |
| Interest Expense | 97↓15.7% | 115↓14.8% | 135↓16.7% | 162↓37.5% | 259 | |
| Non-Operating Income | 0.00↓100.0% | 31↓74.8% | 123↑146.0% | 50↓77.8% | 225 | |
| Other Income / Expenses | -181↓24.0% | -146↑43.4% | -258↓21.7% | -212↑56.2% | -484 | |
| Income Before Tax | 849↑11.3% | 763↑1674.4% | 43↓97.1% | 1,477↓20.8% | 1,866 | |
| Income Tax Expense | 207↑14.4% | 181↑9150.0% | -2↓100.6% | 331↓24.1% | 436 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 642↑10.3% | 582↑1193.3% | 45↓96.1% | 1,146↓19.9% | 1,430 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 642↑10.3% | 582↑1193.3% | 45↓96.1% | 1,146↓19.9% | 1,430 | |
| Bottom-Line Net Income | 642↑10.3% | 582↑1193.3% | 45↓96.1% | 1,146↓19.9% | 1,430 | |
| EPS (Basic) | 2.37↑12.9% | 2.10↑1212.5% | 0.16↓96.3% | 4.28↓8.2% | 4.66 | |
| EPS (Diluted) | 2.32↑12.1% | 2.07↑1193.8% | 0.16↓96.2% | 4.19↓7.9% | 4.55 | |
| Weighted Average Shares | 271↓3.8% | 281↑2.5% | 274↓0.2% | 275↓10.5% | 307 | |
| Weighted Average Diluted Shares | 277↓1.8% | 282↑1.2% | 278↓1.0% | 281↓10.5% | 314 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.