Macy's Income Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 1, 2025	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022	Jan '21 Jan 30, 2021
Operating Revenue	21,893	22,293	23,092	24,442	24,460	17,346
Other Revenue	819	713	774	1,007	939	751
Revenue	22,712	23,006	23,866	25,449	25,399	18,097
Revenue Growth (YoY)	-2.83%	-3.60%	-6.22%	0.20%	40.35%	-28.56%
Cost of Revenue	13,541	13,740	14,224	15,347	14,956	12,286
Gross Profit	9,171	9,266	9,642	10,102	10,443	5,811
Selling, General & Admin	8,247	8,314	8,364	8,441	8,088	6,713
Other Operating Expenses	39	39	15	21	21	-
Operating Expenses	8,286	8,353	8,379	8,462	8,109	6,713
Operating Income	885	913	1,263	1,640	2,334	-902
Interest Expense	-98	-115	-135	-162	-255	-284
Interest & Investment Income	-	-	-	-	-	4
Other Non Operating Income (Expenses)	-	-	-	-	-	-5
EBT Excluding Unusual Items	787	798	1,128	1,478	2,079	-1,187
Merger & Restructuring Charges	-44	-44	-55	-5	-3	-224
Impairment of Goodwill	-	-	-	-	-	-3,080
Gain (Loss) on Sale of Assets	85	144	61	89	91	60
Asset Writedown	-126	-88	-957	-15	-6	-200
Other Unusual Items	-79	-47	-134	-70	-295	-159
Pretax Income	623	763	43	1,477	1,866	-4,790
Income Tax Expense	146	181	-2	331	436	-846
Earnings From Continuing Operations	477	582	45	1,146	1,430	-3,944
Net Income	477	582	45	1,146	1,430	-3,944
Net Income to Common	477	582	45	1,146	1,430	-3,944
Net Income Growth	325.89%	1193.33%	-96.07%	-19.86%	-	-
Shares Outstanding (Basic)	274	278	274	275	307	311
Shares Outstanding (Diluted)	278	282	278	281	314	311
Shares Change (YoY)	-0.87%	1.22%	-1.03%	-10.48%	0.93%	-0.10%
EPS (Basic)	1.74	2.10	0.16	4.17	4.66	-12.68
EPS (Diluted)	1.71	2.07	0.16	4.08	4.55	-12.68
EPS Growth	331.62%	1193.75%	-96.08%	-10.33%	-	-
Free Cash Flow	1,164	760	674	727	2,358	311
Free Cash Flow Per Share	4.18	2.70	2.42	2.59	7.51	1.00
Dividend Per Share	0.721	0.695	0.660	0.630	0.300	0.378
Dividend Growth	5.26%	5.27%	4.76%	110.00%	-20.53%	-75.00%
Gross Margin	40.38%	40.28%	40.40%	39.70%	41.12%	32.11%
Operating Margin	3.90%	3.97%	5.29%	6.44%	9.19%	-4.98%
Profit Margin	2.10%	2.53%	0.19%	4.50%	5.63%	-21.79%
Free Cash Flow Margin	5.13%	3.30%	2.82%	2.86%	9.28%	1.72%
EBITDA	1,471	1,484	1,891	2,262	2,970	-211
EBITDA Margin	6.48%	6.45%	7.92%	8.89%	11.69%	-1.17%
D&A For EBITDA	586	571	628	622	636	691
EBIT	885	913	1,263	1,640	2,334	-902
EBIT Margin	3.90%	3.97%	5.29%	6.44%	9.19%	-4.98%
Effective Tax Rate	23.43%	23.72%	-	22.41%	23.36%	-
Revenue as Reported	22,712	23,006	23,866	25,449	25,399	-
Advertising Expenses	-	1,102	1,107	1,163	1,177	818

Source: S&P Global Market Intelligence. Standard template. Financial Sources.